Cardiff Lexington Corp (CDIX)

[Derekdixon21]

I got an email back from Investor relations.

Hello Derek:

Still in business; operations normal. Day to day operations have not been effected. Stock still trading on the Expert Market.

Unfortunately we do not have much that can be disseminated at this juncture. As we stated in an 8K there is a disagreement between our old and new auditor groups that arose just before we were to file Q2. We engaged an independent arbitrator who continues working to document the required precedent to resolve disagreement between our former and current auditor.

New OTC regulations 15 c2-11 which took effect September 28th moved CDIX along with over 2400 other companies to what they call the Expert Market. See the attached article from OTC. We are told we will return to OTC Pink once our filings are again current.


Amended SEC Rule 15c2-11 Impact | A more transparent, global OTC Markets – OTC Markets Blog


We appreciate the patience of our shareholders as we work through this issue. Management wants it resolved as soon as possible.