If Cardiff had deducted the payroll taxes from their employees but didn't remit that money for taxes the company could have been threatened with a bunch of IRS and DOJ punitive actions, so my guess is that Cardiff will engage a toxic financier like Ironridge, Asher, the devil, to pay off the payroll taxes. From quickly reading the 10Q Cardiff has a lot of C.D.'s with "unrelated third parties" which is quite deceptive when the third parties could be unsavory persons / entities...no-one knows.
Cardiff raised their A/S to 3 billion in late 2013 so there will be monster dilution after the one for 25,000 reverse split took the O/S to about 80,000 shares.
Current shareholders got the shaft, and the next generation of shareholders will also get the shaft.
Extreme buyer beware on CDIF / CDIFD.
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