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Re: LMPA post# 31031

Wednesday, 05/24/2017 1:23:53 PM

Wednesday, May 24, 2017 1:23:53 PM

Post# of 39884
Also worth noting IMO, it is a one of a kind, first to market product, with increasing demand. I believe that the market had a learning curve to get over regarding the usage of the digital analyzer. Now that people are realizing there is currently no other portable consumer device on earth that can detect and quantify terpenes, demand is increasing. I believe that is also why MYDX stated:

"The company intends to close its first big customer under its newly created revenue streams in Q2 and will announce it when terms are fully negotiated."

http://www.marketwired.com/press-release/mydx-reports-first-quarter-results-otcqb-mydx-2217734.htm

Also, they have yet to announce the fully consummated acquisition of Bud Genius's software, data, trademarks, and other assets. In the recent report, they stated:

Acquisition Agreement
 
On February 10, 2017, the Company entered into a binding term sheet to acquire certain trademarks, software, data and customer lists from Bud Genius, Inc. In good faith, the parties agreed to complete all due diligence and execute transaction documents within 45 days of the date hereof. The parties are still in the process of completing transaction documents.


https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12084878

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