secwatch.observer — SEC 8-K summary
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Issuer:     Cardiff Lexington Corp (CDIX)
CIK:        0000811222
Form:       8-K
Filed at:   2024-01-04T23:59:59+00:00
Accession:  0001683168-24-000077
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cardiff Lexington appoints Matthew Shafer CFO, Zia Choe CAO
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- Steven Healy resigned as CFO on March 1, 2023; not due to any disagreement.
- Zia Choe appointed interim CFO on March 1, 2023; named CAO on Jan 2, 2024 with $210k salary and 2,500 Series I preferred shares.
- Matthew Shafer appointed CFO on Jan 2, 2024; salary $228k, signing 5,000 Series I preferred shares, potential uplisting bonus of 35% of base.
- Both employment agreements are one-year terms with auto-renewal and include non-compete and confidentiality covenants.
- Press releases issued Jan 3-4, 2024; company trades on OTC Pink under symbol CDIX.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/811222/000168316824000077/0001683168-24-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/811222/000168316824000077/cardiff_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000077

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