Cardiff Lexington Corp (CDIX): $CDIX NEWS!!! Cardiff Lexington Announce...

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Friday, 11/17/2023 8:07:58 AM

Friday, November 17, 2023 8:07:58 AM

$CDIX NEWS!!! Cardiff Lexington Announces Reduction of Convertible Debt Balance

FT. LAUDERDALE, FL / ACCESSWIRE / November 17, 2023 / Cardiff Lexington Corporation (OTC PINK:CDIX) today announced that the Company has reduced its convertible debt balance with the payment of two convertible promissory notes originally issued to a single lender on February 9, 2021 and April 26, 2021, respectively. The total payment value of $175,000 is for complete and full settlement of both notes.

Alex Cunningham, Chief Executive Officer of Cardiff Lexington, commented, "We're pleased to be able to reduce our convertible debt balance with these payments. A key initiative of ours is to continue to simplify our capital structure to support our long-term growth. Payment of these notes is one example of our execution of this strategy, and our goal is to continue to significantly simplify our capital structure."

https://www.otcmarkets.com/stock/CDIX/news/story?e&id=2694955

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