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Re: DayofReckoning post# 36426

Thursday, 11/16/2023 3:48:01 PM

Thursday, November 16, 2023 3:48:01 PM

Post# of 36783
Huge with CDIX & today's 8-K...

This 8-K just released by CDIX is huge in opinion! 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 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:

OS of 1,326,475,613 shares:
https://www.otcmarkets.com/stock/CDIX/security

8-K Paying off Convertible Notes:
https://www.otcmarkets.com/filing/html?id=17063481&guid=_9J-kpluZfUbdth

PR indicating $1.98 for 3rd Quarter:
https://www.otcmarkets.com/stock/CDIX/news/story?e&id=2692317

v/r
Sterling
Bullish
Bullish

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