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Re: Gotham Bay Group post# 40363

Friday, 05/19/2017 1:41:55 PM

Friday, May 19, 2017 1:41:55 PM

Post# of 107736
I appreciate you taking the time to reply.

However, Wikipedia is not a valid, trusted source of information. It's a good start to point one in the right direction, but as the gospel not so much.

I am well aware of the regularity of Fortune 500 companies acquiring start-ups. The other side to that coin is that there are many, many more start-ups that do not get bought out and just die on the vine.

The pitch from MYDX on the database is not strong. Having a database going back to 2015 is paltry. And one must question the accuracy of the data it is getting from the devices. How do you know the cartridge has been changed after each use? How do you know if the chamber has been replaced every six months, both as prescribed? The possibility of cross-contamination is off the charts. And a company like Pfizer is going to buy this?

Big Pharma likely has databases going back decades, not just two years. And most of them are laboratory controlled environments to ensure accuracy. It's in Big Pharma's best interest to hold medical marijuana down, and in order to do so they need to know exactly what is up against them. They have the data already, they have done the research, Power Point presentations have been made and reviewed.

The MYDX device has limited use as far as cannabis goes. Dispensaries are not going to let customers take product and run it through machines. Heck, even the owners of the dispensaries can't do it. Regulation of the product is incredibly tight, the product is sealed until it's sold. States require things such as bar-coding and scanning from seed to sale.

Since air and water were mentioned, how many devices did MYDX sell after those handouts in Flint and Alabama? In all the PRs that have been written, there has not been any mention of sales of the devices as a direct result of those handouts.

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