EcoSmart Pen is Launching Soon (Several Clients' pens launching as well) First Smart Vape Pen with Customer/Patient Feedback System for the Cannabis Market. Patent filed November 28, 2017 (Est Date Available: June 30 - September 30, 2018)
Recent updates to all social media platforms with new skins on pens and slightly redesigned logos mullitple partners signed up recently. All revenue will be due from all SAAS clients the day the pen ships.
The ECO Smart Pen(TM) Powered by MyDx is a next generation, rechargeable vaporizer pen equipped with Bluetooth technology that helps patients and consumers better manage and regulate their cannabis consumption habits and effects.
The ECO Smart Pen(TM) immediately activates the MyDx App via bluetooth with any compatible cartridge. The pen will then passively monitor your consumption habits, such as dosage and frequency of use. You’ll also be able to activley track which ailments the product relieved and/or feelings it generated and how many doses it took to generate those feelings and/or reliefs.
Parents can use the Child Lock Feature to protect their children from accidentally using their Pen.
Consumers can ensure no one else can access their pen and precious cartridges without their consent via the EcoSmartPen App.
Patients get to track their consumption habits (dosage, chemical profile and associated effects) to find the best product(s) working for them.
Doctors will be better equipped to manage their patient prescriptions by having access to more detailed information about what works and how much is needed to provide relief.
Brands will be able to private label (OEM) and purchase the smart pen hardware and associated software ecosytem using their brand name to provide a more sophisticated vape pen experiene for their customer-base.
Concentrate Manufacturers will be able to access relevant data via licensing arrangements with MyDx for their own product development initiatives.
All Revenue Streams:
Recent Deals/Partnerships of Interest: GANJA GOLD VIDEO of MYDX PEN(MAY 17, 2018): Going LIVE in July 2018 https://twitter.com/GANJA_GOLD/status/997205343443865601 Watch towards the end if you don't want to wait... it is short though Humanity Products http://humanitymedicine.com On April 9, 2018, the Company verbally agreed to enter into a License and Services Agreement with Humanity Holdings Inc. and Humanity Products, Inc. (collectively “Humanity Holdings”). Humanity Holdings currently operates a manufacturing and distribution facility, licensed by the state of California, through which it engages in the sale and distribution of various cannabis related products. The Company granted Humanity Holdings a non-exclusive license to manufacture, sell, and distribute products within California using proprietary product formulations owned or licensed by the Company. The Company agreed to issue Humanity Holdings shares of Common Stock worth $25,000 on the 45th day following the effective date of the agreement. This is in exchange for Humanity Holdings not contracting with a competitor of the Company who provides formulation services, smart vape device hardware and related software applications to its network, product branding or access to reporting from its data set that ties a user’s experience to a chemical profile of the product they are consuming. Humanity Holdings will pay 20% of net sales to the Company as a support services fee and 30% of net sales to the Company as a royalty. Source: https://www.last10k.com/sec-filings/mydx (see April 2018 10k) Ganja Gold www.ganjagold.org On January 26, 2018 the company entered into a joint venture with Ganja Gold to form “NewCo”. With the formation of NewCo, the intent is for the Parties to manufacture and distribute a new premium line of physiological based Vape formulations under Ganja Gold Vape Brand (“GGV”). The GGV Brand will be powered by MYDX data and formulations utilizing the Eco Smart Pen Device under an exclusive license of MYDX Power Formulations. MyDx will have the option to acquire 50% of NewCo. Source: https://www.last10k.com/sec-filings/mydx (see April 2018 10k) Black Swan Source: https://www.prnewswire.com/news-releases/mydx-enters-into-an-80000-mydx360-saas-licensing-and-services-agreement-with-retailer-blackswan-300475524.html Phylos Biosciences phylosbioscience.com On November 3, 2017 the Company and Phylos Bioscience, Inc. (“Phylos”) entered into a License, Co-Marketing, and Data Sharing Agreement (the “Phylos Agreement”). Pursuant to the Phylos Agreement, the Company and Phylos each granted a non-exclusive license to the other party to access their data and use their trademarks and logo on marketing materials. Neither party paid cash or issued shares in connection with the Phylos Agreement. The license was the consideration given by each party. The term of the agreement is five (5) years. Source: https://seekingalpha.com/filing/3766219 Highsmen https://www.highsmen.com/ Source: https://www.prnewswire.com/news-releases/mydx-forms-exclusive-partnership-with-highsmen-genetics-to-offer-custom-cannabis-strains-tailored-for-desired-physiological-effects-300577228.html Slimpen (aka Q'NCH LLC) slimpen.com & HotNife hotnife.com
In April 2018 the Company verbally agreed to enter into a separate MYDX360 SAAS Ecosystem License and Services Agreements with Q’NCH, LLC, a Delaware limited liability company and HotNife, LLC, a California limited liability company. (the “SAAS Agreements”). Under the terms of the SAAS Agreements, the Company granted the counterparties a non-exclusive limited license to: (i) access the Company’s Database (as defined in the SAAS Agreements) (the “Access License”), and (ii) use the Company’s “Powered by MyDx” trademark and the MyDx logo on the counterparties’ products (the “Brand License”, and together with the Access License, the “MyDx License”). Additionally, the SAAS Agreement provides the counterparties with (i) market research regarding the packaging of the counterparties’ products in coordination with the counterparties’ objectives (the “Brand Services”) and (ii) delivery of certain quantities of the Company’s smart devices, cartridges, batteries, and other hardware to the counterparties (the “Product Services” and, together with the Brand Services, the “MyDx Services”). The total consideration to the Company from each of the counterparties in exchange for the grant of the MyDx License and the MyDx Services will be $15,000 per year and the costs of the Eco Smart Pens’ hardware. The payments will not begin until the Company releases the Eco Smart Pen. The Company expects to release the Eco Smart Pen in the third quarter of 2018.
Source: https://seekingalpha.com/filing/3979293 Recent changes may effect this share structure.. but this is how it stands today....
Market Cap $13,870,222 05/25/2018
Authorized Shares 10,000,000,000
Outstanding Shares 3,797,058,506
Held at DTC 1,623,727,487