I responded to you earlier about CDIX, but did you see the 8-K just released by CDIX? I think it's huge! They have eliminated their debt by paying off their convertible notes. That clears the path for them to move forward. With this 8-K and with with generating $1.98 Million in Net Income for the 3rd Quarter, they are now on track for averaging $7,920,000 per year. With an OS of 1,326,475,613 shares, this makes CDIX worth well over .055+ per share and that's with using 10 for a P/E Ratio. The beauty about this valuation is that it is from "actual" generated Net Income and not from speculation. I'll organize the valuation later to help investors see such, but I suggest all to simply do the math and see for themselves to see what they will come up with:
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.