Cardiff Lexington Corp (CDIX)

[Pickme2]

Effective April 24, looks like
On April 4, 2024, our board of directors and the Majority Stockholders approved the Charter Amendment, the form of which is attached to this Information Statement as Appendix A.

Under the Current Charter, we are authorized to issue 7,500,000,000 shares of common stock and 1,000,000,000 shares of preferred stock. Following our recent 1-for-75,000 reverse stock split, we no longer require such a large number of authorized but unissued shares. Accordingly, our board of directors and the Majority Stockholders determined that it would be in the best interests of our company and its stockholders to reduce our authorized stock. The Charter Amendment amends the Current Charter to reduce our authorized common stock to 300,000,000 shares and our authorized preferred stock to 50,000,000 shares.

The Charter Amendment will become effective upon filing with the Nevada Secretary of State’s Office, which will occur promptly following the 20th day after this Information Statement is first mailed to our stockholders.