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Re: DarthYoda post# 115477

Saturday, 12/03/2016 1:28:19 AM

Saturday, December 03, 2016 1:28:19 AM

Post# of 220933
MYDX - you do realize don't you that the MYDX float has grown from around 8,000,000 shares on August 12, 2016 to 203,124,474 shares on November 23, 2016. That's a huge increase in only 3 months. That's why the price has dropped from $.12+ on August 12th to sub-penny now.

Shareholders should be thankful that the entire cannabis industry caught fire in September and October or the price would be a lot worse now than it is.

Instead of blaming the imaginary paid basher for any decline in the MYDX share price why not look to the obvious cause - DILUTION because of all the suspicious consulting agreements and ugly toxic convertible debt agreements the CEO, Daniel Yazbeck, entered into over the past 8 months.

Things are only going to get much much worse in the coming months as that $1,000,000 Note now owned by Allen Gabriel Silberstein (Phoenix Fund Management LLC) and the hundreds of thousands of dollars in Notes now owned by Samuel P Oshana (Rockwell Capital Partners Inc) start getting converted into discounted free trading stock and dumped into the market.

MYDX lost $1,921,576 just from its business operations alone during the 3rd quarter of 2016 and saw liabilities increase by over $1 million dollar during those same 3 months. The balance sheet is getting worse, not better.

It used to take only only 3 pages to cover the convertible Notes in the 10Q for the period ending March 31, 2016

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11401491

Then in the 10Q for the period ending June 30, 2016 it took 5 1/2 pages

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11544912

In the most recent 10Q for the period ending September 30, 2016 it took 10 pages

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11705681

Notice the trend? Unfortunately for MYDX shareholders, things are only going to get worse because MYDX business operations are losing money like crazy so the only way they can continue to operate is to continue to take out more and more toxic convertible debt especially if the CEO continues to pay millions of dollars for suspicious consulting contracts to set up some kind of Chinese business operations that MYDX can't afford to support.

Even if MYDX's technology has merit, it unfortunately doesn't even matter at this point because the CEO made an absolute mess of things for the MYDX share price moving forward.












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