Cardiff Lexington Corp (CDIX): It’s going to take a lot more time to ge...

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Re: shortburner post# 30969

Friday, 10/11/2019 4:38:29 PM

Friday, October 11, 2019 4:38:29 PM

It’s going to take a lot more time to get the preferreds to agree to a change. Why would they give up what they agreed to? They are protected from RS’s and once the restrictions come off they can convert to common and cash out in a big way. They don’t need Acela! They already have a sweet deal! Why would they agree to something less??

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