Cardiff Lexington Corp (CDIX)

[DrMed]

Thompson & Cunningham now have a new board with the majority independent, which clearly controls future actions. Regardless, a reverse stock split has no immediate effect on the company's value, as its market capitalization remains the same after it's executed. Reducing the number of preferred shares can enhance the company’s capital structure, balance sheet, make the company more attractive to potential investors and lenders, and create a win-win situation by potentially increasing shareholder value.