$CDIX - News Out - Cardiff Lexington will Host Con

$CDIX - News Out - Cardiff Lexington will Host Conference Call to Convey Q3 Company Activity and Overview Strategy on Wednesday, October 3rd, 2018

Ft. Lauderdale, FL, Sept. 21, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Cardiff Lexington Corp (OTCQB): Cardiff Lexington will host a Shareholders conference call at 11am Eastern time. To access the conference call, please dial 800-719-6100 and use the conference ID 9752769#.

The purpose of this conference call is to increase communication and relationship with the shareholders who believe in Cardiff Lexington’s mission. The information that will be provided is not forward-looking statements; rather, it will overview current events indicating management’s philosophy and approach to company operations.

Cardiff Lexington received approval from a majority of the shareholders by written consent without a special meeting of the shareholders for an amendment to its Articles of Incorporation that increases the number of shares of common stock authorized from 1 Billion to 2 Billion (the "Amendment". Florida law requires a simple majority approval for this action and the Company sought only the votes of its directors and executive officers, and shareholders affiliated with them, rather than conduct a costlier outreach to all shareholders.

CEO Alex Cunningham stated the Board of Directors believe the increase in authorized shares available is perfectly aligned with the company’s mission to drive dramatic growth through acquisitions, sell additional shares of stock in potential private placements, and potential debt restructuring initiatives. The shareholders approved the Amendment upon the recommendation of the Board of Directors. The Amendment became effective on September 17th, 2018 following acceptance of the filing of a Certificate of Amendment with the Secretary of State of the State of Florida.