Thursday, November 16, 2023 3:48:01 PM
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
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Recent CDIX News
- Form 8-K - Current report • Edgar (US Regulatory) • 01/04/2024 01:50:17 PM
- Form DEFR14C - Revised information statement materials, definitive • Edgar (US Regulatory) • 11/29/2023 03:18:50 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 11/16/2023 09:11:50 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 07:06:22 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 05:29:20 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/25/2023 07:05:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/05/2023 07:56:42 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 05:25:09 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 08/03/2023 08:51:51 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 07/19/2023 09:02:17 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/29/2023 08:04:36 PM
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