Cardiff International, Inc. (OTCBB: CDIF) (OTC Pink: CDIF) (OTC: CDIF) said has entered into its third letter of intent to acquire 30 acres of land in Salmon, Idaho, zoned both residential and commercial.
The property consist of 23.5 acres zoned medium density residential with 12 lots already platted and 48 lots zoned high density residential with an additional four acres of dedicated river front property zoned for recreation on the Salmon River, Idaho´s premier whitewater rafting river, and 2.5 acres zoned for commercial use.
Current plans call for a storage facility and RV park. All land has close proximity to Salmon, Idaho, the city; and adjacent to the Frank Church Wilderness Park the largest wilderness park in the lower 48 states.
CDIF is newly emerging as a holding company who adopted a new business model known as “collaborative commonwealth,” a new form of governance enabling businesses to take advantage of the power of a public company.