Replies to post #32968 on Cardiff Lexington Corp (CDIX)

[KeepItRealistic]

If they go through all the possible tranches... yes

However a merger changes everything ...

Here is my FULL $CDIX 8k interpretation without a merger
https://www.otcmarkets.com/filing/html?id=13763094&guid=eB2vUqfn4CB7A3h

1065 shares times $1200 per share = $1,278,000 total $$$ Value of funding

First withdrawal is 165 shares as of this 8k

165 times $1200 = $198,000 (commitment fee of $60k is included on first tranche)

$198,000 / .001 is 198 million shares needed to service the first active tranche

SS changes since 8k

$CDIX SS change

OS increased 24 million pic.twitter.com/gqpdqjGaJY

— KIR (@KeepRealistic) November 27, 2019

$CDIX SS change

OS increased another 24 million

That’s 48 million in two days pic.twitter.com/7kCtllUUxY

— KIR (@KeepRealistic) November 28, 2019

$CDIX SS update

OS up 27 mil

In last 3 trading days it has increased
24m, 24m & 27m for a total 75m shares pic.twitter.com/4yiLJBfsUJ

— KIR (@KeepRealistic) November 30, 2019

So far 75 million shares out of 198 million have been processed leaving 123m left plus 27m in the OS but not in Float yet as per DTC

Note how conversions are fixed at .001 or lower depending on past 20 day VWAP. Clearly the VWAP is above .001 the past 20 days, therefore its .001 for this tranche

This financing, as per line below has a cap of .001 or lower for conversions regardless of PPS.

“by the lower of (a) $0.001, or (b) the lowest daily VWAP for the Company’s common stock for the twenty (20) Trading Days immediately preceding the date of such conversion”

Therefore on the best case scenario 1.2 billion in dilution for this entire funding is expected.

1.2 billion includes the 900k shares at $1200 left divided by .001 plus the 198m already taken out as per this 8k tranche and being currently processed.