SOURCE: Cardiff International, Inc.

Cardiff International, Inc.

July 08, 2015 07:00 ET

Cardiff International, Inc. (Symbol: CDIF) Financial News Update

We Realize How Important It Is to Keep You Informed

FORT LAUDERDALE, FL--(Marketwired - Jul 8, 2015) -  Cardiff International Inc. (OTC PINK: CDIF) (a Public Holding Company) today announced the company has been diligently working with its new accountant and external auditors to get current and back to OTCQB reporting status to remove the yield sign on OTC Markets. Consolidated corporate financials are required for non-public acquisitions which caused our delay. The Company expects to be back to OTCQB reporting status in order to meet its compliance with listing requirements outlined by the SEC Rule 10b-17 requiring all OTCQX, OTCQB and OTC Pink companies to provide timely notice to FINRA of certain corporate actions.

"We realize how important it is to keep you informed about Cardiff's most recent financial information. To resolve future accounting issues prior to bringing aboard our next round of acquisitions we are switching current acquisitions to QB Enterprise Solutions which will resolve accounting issues going forward," stated CEO Alex Cunningham. "As we continue to grow, our goals remain to build liquidity and value to our shareholders, expand and grow assets, and fuel subsidiary profitability and growth by raising equity based funding for new projects." 

About CDIF: CARDIFF INTERNATIONAL INC. is a public holding company utilizing a new form of collaborative governance. Cardiff targets acquisitions of undervalued, niche companies with high growth potential, income-producing businesses including commercial real estate properties all of which offer high returns for our investors. Our goal is to provide a new form of governance enabling businesses to take advantage of the power of a public company without losing management control. Cardiff provides a platform for companies to raise money in a low risk environment that protects their investors.

FORWARD LOOKING STATEMENT: This news release contains forward looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. These risks include the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In the light of these uncertainties the forward-looking events referred to in this release might not occur.

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