Cardiff Lexington Corp (CDIX)

[dragon52]

From June 30th 10Q....

16. SUBSEQUENT EVENTS

Stock Issuances:

“In August 2019 the Company entered into a letter of intent to acquire the net assets constituting the business of Acela Biomedical, LLC, for a combination of $15 Million in Preferred Stock and $15 Million in cash. Consummation of the acquisition is conditional upon successful completion of due diligence and transfer of purchase consideration.”