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$CDIX huge update today SS unchanged & convertible debt

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KeepItRealistic   Thursday, 09/12/19 12:37:24 AM
Re: None
Post # of 1999106 
$CDIX huge update today

SS unchanged & convertible debt gone!
Proof via screenshots of SS unchanged

With the elimination of convertible debt the path is laid out for the completion of the Acela Acquisition

Cardiff Lexington President and CEO Alex Cunningham pays a visit to Acela Biomedical CEO Andrew Culbertson for a tour of the Acela facilities. Cardiff recently made public its intent to acquire Acela…

CEO Podcast Interview

Aug 23rd PR
“The parties have been in confidential discussions and negotiations for several months having reached agreement in principal and are working diligently to finalize their transaction as visualized in their recently executed Letter of Intent.”

Re-read the underlined red lines, over & over

From June 30th 10Q....


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.”

Now Let me explain the current debt as shown in the filings in the last 10Q

Looking at the debt breakdown in the filing on Pages 18-19

Market Cap of just under 777k based on SS dated September 9th, 2019

LOI/Acquisition is $30 mil with projected revenue of 30-90 mil

Company tweets about the LOI

Acela is a Hemp and CBD Oil producer & clinical stage biotech company growing rapidly with 138 farms currently raising over 300 acres of genetically patented Hemp which translates to $30-$90MM in future revenue.


With our current Market Cap of 1.395m
This LOI on the conservative side can easily justify a Market Cap of over 50 million

50/1.395 = 36

36 times the close of .003 is just under 11 cents

CDIX has no business trading under a penny with it’s current revenue run rate of $4.4M

LOI here is huge and company is well positioned with current SS to complete it.

$CDIX DD Cardiff Lexington Corp (CDIX) And Acela Biomedical, LLC to Merge https://www.otcmarkets.com/stock/CDIX/news/story?e&id=1422275

Products price $12.95 to $219.95 https://acelacbd.com/shop/

From Local Kentucky NBC Tv on Monday, Acela Biomedical utilizes clean technology to remove oil from leaves of industrial hemp plants

Acela CBD and Ohio Department of Agriculture planting 1st legal hemp.

Congressman Thomas Massie meeting Kentucky Farm Bureau on Aug 14th taking about legal hemp


$CDIX DD Cardiff Lexington Corp (CDIX) And Acela Biomedical, LLC to Merge https://www.otcmarkets.com/stock/CDIX/news/story?e&id=1422275

so in essence-- $CDIX is buying a Hemp Company with 1million plus in revenues--projected to do a billion a year in the future

CDIX's Merger Company Acela Biomedical is a legit compay.

The Acela CBD Facility is very legit

Congressman Thomas Massie visited the Acela CBD facility in Maysville, Kentucky

12 August at 08:38 ·
I had the opportunity to tour the Acela CBD facility in Maysville, Kentucky last week. It’s always exciting to see how the new industrial hemp industry has boosted the economy in Kentucky—especially when I’m able to wear a lab coat which reminds me of my days at the Massachusetts Institute of Technology. Acela CBD is a particularly innovative startup. This company is entirely local, contracting with Kentucky farms to supply industrial hemp, honey, lemongrass, lavender, and other ingredients to use in their own products.

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