Cardiff Lexington stockholders approve charter amendment to restructure preferred stock terms

stockholders of Cardiff Lexington Corporation (the “Company”) holding approximately 80% of the voting power of the Company’s outstanding stock consented in writing to approve an amendment and restatement of the Company’s Amended and Restated Articles of Incorporation to remove the terms of each series of preferred stock, which will instead be included in separate certificates of designation, and to remove certain other provisions that are covered under Nevada law or in the Company’s Bylaws and are not necessary to include in the articles of incorporation (the “Charter Amendment”).