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This is great to see. The Float has been updated:
Float
1,755,710,075
05/23/2018
https://www.otcmarkets.com/stock/MYDX/security
MYDX has just signed on to a California Cannabis Manufacturing and Distribution deal with James Schmachtenberger(Humanity Products)
Here is one of James Schmachtenberger's past "projects". Before Humanity and Mankind, he teamed up with Steve DeAngelo to open Harborside in Oregon.
Launched the First Recreational Store for Harborside Health Center
https://angel.co/james1432
https://angel.co/projects/467456-launched-the...er_profile
https://globenewswire.com/news-release/2015/0...r-1st.html
Perfect time to lock out the dummy dumpers...they diin't learn...
WATCH THIS SHORT VIDEO ALL THE WAY TO THE END!!!
https://twitter.com/GANJA_GOLD/status/997205343443865601
WHAT DID HE SAY!?!?!?
IT"S COMING!!!
Someone should ask Brochstein how much money his "420investor" service caused his paying subscribers to lose over it's lifetime. It's an impressive amount. That is for sure.
I wonder if people still pay the dude monthly for him to dump frontloaded shares on them.
I also noticed he recently put out a negative article on MYDX as well. Accumulating in advance of the GanjaGold Deal?
#MyDx360 Customers in California Now Have Access to One of the First Legally Licensed #Cannabis Manufacturing and Distribution Facilities Located in the City of San Diego! $MyDx https://t.co/HKrWx97auj pic.twitter.com/Q985vKCADQ
— MyDx (@MyDxLife) May 10, 2018
Best THC Cartridges On The Market 2018:
Ganja Gold’s live resin THC cartridges are made with pure cannabis distillate and terpenes, with 12 strain options: True OG, OG Kush, Strawberry Lemonade, Jack Herer, Tangie, Super Silver Haze, Gorilla Glue, Girl Scout Cookies, Northern Lights, Sunset Sherbet, Gelato, and Lavender Kush. Live resin is created with cannabis plants that were immediately frozen after harvest, which preserves the cannabinoids and terpenes for maximum flavor and potency.
Ganja Gold also sells a 3-temperature vape battery with a case and charging port, and the company received the Best Vape award at Kushstock 2017. Ganja Gold’s THC cartridges are available for sale at dispensaries across California.
https://www.hailmaryjane.com/thc-cartridges/
Wow, this Highsmen tweet from back in November 2017 shows almost the whole main team now except for Humanity. Ganja Gold, Highsmen, Phylos, and MYDX team-up:
Strain Release Party - Invite Only~ @PurpleCaper @highsmen_ @NameAStrain @MyDxLife @PhylosBio https://t.co/GAHjnZd6Nf pic.twitter.com/Br2p4ngnKh
— HIGHSMEN (@highsmen_) November 11, 2017
Ricky Williams+Mankind Cooperative:
Ricky Williams Launches Cannabis-Based Wellness Brand
Mar 20, 2018, 09:00 ET
RW's product line is available at eleven dispensaries in San Diego: Outliers Collective, SD Natural, Ramona Cannabis Company, Harbor Collective, A Green Alternative, Golden State Greens, Mankind Cooperative, Apothekare, The Tree House Balboa and both Urbn Leaf locations. RW is also available at three dispensaries in Orange County: From the Earth, Bud and Bloom, South Coast Safe Access and two dispensaries in Palm Springs: PSA Organica and Leef Industries. RW products will be available in Los Angeles dispensaries within the next few weeks. Additionally, starting later this spring, consumers will be able to purchase RW's CBD-only products online at its website. To learn more about RW, visit www.rw.life.
http://rw.life/
https://www.prnewswire.com/news-releases/ricky-williams-launches-cannabis-based-wellness-brand-300616424.html
Ricky Williams is also part of the NFL based Gridiron Cannabis Coalition, which is also located in San Diego:
http://gridironcannabis.com/#/contact
That's him in the middle of the top pic...
https://www.facebook.com/Gridiron-Cannabis-Coalition-948957635168343/
Some cannabis athletes could just as well come from the world of Ricky Williams too. Aside from co-owning Highsmen, he also co-owns the first ever Cannabis Gym:
"We’re seeing a new breed of athlete emerge: the motivated marijuana enthusiast."
“It’s become a social movement,” says Jim McAlpine, founder of the pot-friendly athletic event series the 420 Games, as well as the San Francisco-based, cannabis-friendly gym Power Plant Fitness, which he co-owns with former NFL running-back Ricky Williams. “There are so many of us who are in the closet.”
https://www.menshealth.com/health/a19871657/effects-of-marijuana-before-workout/
"Today, Wallace works with big names like Olympic medalist snowboarders Torah Bright, Scotty Lago, and Iouri Podladtchikov. She’s responsible for developing, securing, and managing brand relationships for the athletes she represents."
http://www.sandiegomagazine.com/San-Diego-Magazine/January-2018/15-Coolest-Jobs-in-San-Diego-and-How-to-Get-Them/
She's a Friggin Sports Agent. Remember Daniel mentioned athletic celebrities?:
Circe Wallace is a sports agent at Wasserman Media Group.
https://findyourgrind.com/subjects/circe-wallace
http://www.teamwass.com/
Check it out! We shoulda looked into Hotnife more. I see more connections:
"Hot Nife Has Your Weed Cartridge Needs on Lock":
May, 14 2018
http://www.papermag.com/hot-nife-cannabis-cartridge-2568849736.html
Founder and CEO of Hotnife:
http://www.stateofcannabis.org/circe.html
Remember, we are looking at a cannabinoid and terpene formulation first and foremost for athletes:
From 2012...
"We catch up with one of the most influential figures in global action sports: Circe Wallace."
https://www.redbull.com/us-en/check-in-circe-wallace
The tooling is HUGE. That isn't the value of inventory...that's the value of "tooling up" for a production situation. For example...we make doors. If we make a new style of door, we have to pay the CNC company to reprogram the CNC machines to cut holes in the proper places. That expense is Tooling. It's handled like a fixed asset...you recognize it, and expense it over time. Totally independent of the inventory itself, but represents a VERY solid indication that we are moving towards producing SOMETHING.
And, by the way, even if you're using a 3rd party manufacturer you'd have tooling expenses. They would pass their costs of preparing to build your product on to you, and you'd account for it as shown.
I actually think that the Ecosmartpen would launch sometime before the Slimpen in that MYDX will have to know that everything is copasetic within the MYDX360 platform, but that's just me guessing.
Q'nch LLC and Hotnife were mentioned in the 10-K as well. However, I did just find that Q'nch LLC's "Slimpen"shows an upcoming release date on their website:
https://slimpen.com/
https://trademarks.justia.com/878/62/slimpen-87862008.html
Yeah so that is just a paper change in their favor. The tooling in process is pretty sweet though. Shows more evidence of the pen then previously disclosed. I think that value should double or triple when it turns to finished goods and MYDX gets 15k from all their partners on the day pen is available. More then likely sells 75% of goods and that is like 400k or so in one shot. Not to mention any additional deals for 15k annual revenue CEO makes from now until then. 15k a pop and no real cost outside of maintaining partnerships and a Saas platform. Ecopen can be sold at low cost to the client so they have more incentive to stay "in network" with mydx. This all looks very good. Interest in 360 platform showing more growth as well.
Look at the trademarks by Q'NCH, llc.
https://trademarks.justia.com/owners/q-nch-llc-3806285/
then there is these guys:
HotNife
https://hotnife.com/products/
Cash flows from operating activities:
For the Three Months Ended
March 31, 2017 (loss)
Net Income
$(5,100,272)
For the Three Months Ended
March 31, 2018
Net Income
$879,905
Yes, there was a change in fair value of derivative liability compared to a year ago.
Change in fair value of derivative liability:
For the Three Months Ended
March 31, 2017
$3,591,831
For the Three Months Ended
March 31, 2018
($1,519,057)
https://ih.advfn.com/p.php?pid=nmona&article=77485975
Yeah why is mighty talking about a 900k gain. I am not able to research it yet easily but I scanned it and it was derivative wasn't it?
After checking out the 10Q, it is almost entirely as expected. We knew Cannadx sales were going to be about what they were.
Only real new stuff are some share issuances during Q1 for debts and services, and it also shows that the Humanity deal is now fully "entered into".
Which, of course, confirms that Humanity is their licensed Manufacturing and Distribution partner. Otherwise, it's everything we've seen already in the recent 10-K.
Pre-market 200k shares at .0047. L2 shows 46x47 now...
Agreed. Also, it may still be early this morning, but L2 just opened up from 43x44 to 43x47...nice start.
This should get interesting ... waiting for some news to hit.
Cali is updating their distributor license search database today...
"License Search has been temporarily disabled while we work to improve this functionality."
https://aca5.accela.com/bcc/Cap/CapHome.aspx?module=Licenses&ShowMyPermitList=N
Ganja Gold distributes all throughout Cali on a regular basis. I'd love to figure out the distributor license they use.
Order Delievery Schedule
We deliver to Los Angeles area on Tuesday, San Diego area on Wednesday, Santa Cruz/South Bay Area on Thursday, and San Francisco Bay on Friday. Please give us 7 business days to fill and deliver your order. We will always strive to deliver your order as soon as humanly possible. Please send any specific requests to orders@ganjagold.org
https://docs.google.com/forms/d/e/1FAIpQLScJw4sxRaAUIEtxa7ObOqRlX8JurWdvz69eiiKMzGZJ-zRdpg/viewform
Great support in 40's though. This mornings gap may turn out to be a breakaway gap which would not need to fill.
Looks like MYDX trying to fill gap at .0039.
$MYDX starting Daily Ichimoku Cloud Break. Last time, 12-14-2017, was the first candle of the last run to .01+...
Same for the 166k for sale on the ask right now. 166k was exactly one of the first trades of the day. The dude just put it right back up for sale on the ask after the NT. Probably friends lol...
From what I saw so far today, it looked like someone slapped the ask pretty good just after the open and then after the NT-10Q showed up, they put up almost the exact same volume back on the ask. Then they realized it was too much and the split 1mil off of it to sell a pip cheaper...that was all the same person imo...
GanjaGold-2017 World Cannabis Cup 1st place:
1st Place: King Tarantula Lemon Tree Preroll by Ganja Gold
https://hightimes.com/news/winners-of-the-2017-world-cannabis-cup/
Cool. It's nice to see that board coming along. The ibox upgrade made a huge difference imo. Thanks again for that.
Great post.. I put it up on the "real" board. lol
Ah, one correction, I meant to say that the number of unrestricted shares remain unchanged at 1.75Bil.
restricted=1.9Bil
unrestricted=1.75Bil
Around 1.8Bil of the restricted 1.9Bil are owned by the CEO.
Here's most of it...
L2 appears as though the price is being held down by VFIN's iceberg, yet there is very powerful support just one pip below. So, the price has been very stable lately under larger than average daily volume. There was even 41million shares($120k+) on the bid briefly the other day during power hour but that buyer has since been more conservative with a bid at around 6-8mil. Definitely accumulating though.
The company recently signed on to quite a few partnerships with verifiably successful California MJ companies. GanjaGold, Highsmen, Humanity Holdings/Products/Medicine, and Phylos Biosciences.
Here's a little detail on each partnership:
Humanity holds legit California Distribution and Manufacturing licenses and Humanity's President holds at least six different California MJ licenses.
Distribution:
Humanity Products Inc.
License M11-18-0000267-TEMP:
Medicinal - Distributor Temporary License
Record Status: Active
Expiration Date: 07/12/2018
Manufacturing:
Humanity Products Inc.
M-Type 6
CDPH-T00000157
San Diego
San Diego
7/28/2018
https://cannabis.ca.gov/licensing/
http://humanitymedicine.com/
Humanity's President already sells Ganja Gold products through his dispensaries in San Diego. Above and beyond that though, Ganja Gold is currently selling it's products in more than 100 dispensaries across California.
MYDX and GanjaGold are close to consummating a Joint Venture and Acquisition in which they will each end up owning 50% of "NewCo".
https://www.ganjagold.org/
"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”)."
https://backend.otcmarkets.com/otcapi/company/sec-filings/12688781/content/html
GanjaGold, like MYDX, is partnered with Highsmen Genetics.
Highsmen Genetics breeds custom MJ strains. The company was co-founded by Ex-NFL player Ricky Williams.
https://www.highsmen.com/
https://www.leafly.com/brands/thclones
Highsmen Genetics is partnered with both MYDX and Phylos Biosciences.
MYDX and Phylos Biosciences entered into a License, Co-Marketing, and Data Sharing Agreement. Phylos is actually an Oregon based company, but they have spread coast to coast now.
https://phylos.bio/
MYDX has a pending product release for the ECOSmart Pen, which is a vape device with Bluetooth connectivity, child safety lock, dosage monitoring and scheduling, chemical profiling, and more.
https://www.mydxlife.com/ecosmartpen/
MYDX has a $29million lawsuit filed from last year that is against a previous executive and some other undesirables. There are already settlement talks taking place, but I'm not personally taking any of that stuff into account in regards to how the stock will perform. I just thought I'd mention it.
Most recently, the CEO just converted some preferred shares into common stock, resulting in him owning just a bit more than half of the now relatively doubled OS. Even though the OS technically doubled, the CEO's shares are restricted as can be seen on OTC Markets. So, the actual number of unrestricted shares remains unchanged at around 1.9Billion.
https://www.otcmarkets.com/stock/MYDX/security
It seems likely that the conversion was done in lieu of the pending Joint Venture/Acquisition with GanjaGold, but if you think there may be a more likely reason, then I'm all ears.
Oh, also, on April 24th, they just appointed Dr. Heiner Driesmann, former CEO of Roche Molecular Systems and Diagnostics, as the Chairman of the Executive Advisory Board:
"Dreismann currently serves as Chairman of the Executive Advisory Board for MYDX[3], and interim CEO of Toronto-based GeneNews corporation. Additionally, he serves on the boards of a number of high-technology companies, including Singulex,[4] Myriad Genetics, MedBioGene,[5] Magellan Biosciences[6] et al."
https://en.wikipedia.org/wiki/Heiner_Dreismann
https://globenewswire.com/news-release/2018/04/24/1486392/0/en/Dr-Heiner-Dreismann-Former-CEO-of-Roche-Molecular-Systems-and-Diagnostics-Veteran-Joins-MyDx-Executive-Advisory-Board.html
Daily chart has bottomed out IMO and the weekly chart looks like it wants to reach up and flip the PSAR soon, but that's just a hunch.
So, that's most of it but if there's any other info you're curious about, just ask. The company has a lot going on, so I'm sure I may have missed some things.
MYDX....looking for entry, what’s the story with this one. Looks like there has been decent insider accumulation lately
I agree with your calendar, MYDX Q1 report due on 15th or 22nd(NT). It should also have some "subsequent event" nuggets as all of their reports usually do.
MYDX verbal agreement SIGNED today:
On April 9, 2018, the Company verbally agreed to enter into a License and Services Agreement with Humanity Holdings Inc. and Humanity Products, Inc.
https://backend.otcmarkets.com/otcapi/company...ntent/html
After months of diligence, MyDx has completed its research into the San Diego legal manufacturing and distribution license holder marketplace. Having reviewed the varying degrees of license approval status that many groups currently hold, MyDx has confirmed the positive approval at both the city and state level of a reputable, legally licensed, manufacturing and distribution partner it has signed an agreement with to support the products developed by MyDx360 customers.
https://globenewswire.com/news-release/2018/0...omers.html
Humanity is one of only 3 San Diego companies that were allowed to hit the ground running on Jan 1st:
"Three San Diego businesses have secured temporary state licenses to manufacture cannabis concentrates, thanks to a special grace period granted to them by the City Council one year ago.
The businesses, Allegiance Wellness Center Inc., Humanity Products Inc. and Vista Prime Management, LLC, are all licensed for so-called "nonvolatile extraction." This method uses tools such as water, carbon dioxide or glycerin to extract concentrated oil from the cannabis plant.
Some cannabis supply chain businesses may be forced to shut down or relocate if they fail to obtain one of the 40 permits from the city before the two-year grace period expires."
https://www.google.com/amp/www.kpbs.org/news/...%3famp=amp
The news may have lacked the specificity that some may have preferred in regards to the partner but the DD can be done to see that it is Humanity that is being referred to in today's PR:
Humanity Products Inc.:
License M11-18-0000267-TEMP:
Medicinal - Distributor Temporary License
Record Status: Active
Expiration Date: 07/12/2018
Humanity Products Inc.
M-Type 6
CDPH-T00000157
San Diego
San Diego
7/28/2018
License and Services Agreement
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 45 th 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.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12688781/content/html
http://humanitymedicine.com/
https://cannabis.ca.gov/check_a_license/
ARCA doesn't show up on the OTC markets L2 for MYDX for some reason. I've mentioned it before but ARCA does show up on L2 through trading platforms. Not sure why that is. I assume you saw the Ask at .0039 earlier because you were looking on OTC markets and couldn't see ARCA.
Humanity's Manufacturing license expiration date has renewed from 4/30/2018 to 7/28/2018:
Humanity Products Inc.
M-Type 6
CDPH-T00000157
San Diego
San Diego
7/28/2018
I saw Mankind Collective's license expiration date still needs to be updated from 5/1/2018. I'll be checking on it.
I hear you man. That huge bid followed by the form 4 can't be a coincidence. Especially being so soon after the arrival of Dr. Heiner Dreismann. Hopefully we learn more in the morning. I think something wonderful may be heading our way.
Would love to see some positive, sustainable moves. It's been a long 12 months.
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.
Recently more iconic Brands are signing up for the MYDX platform. Ganja Gold, HotNife, and Slimpen a new brand for women by women. These products are set to launch in July 2018.
Also of note the activateyourhigh.com website is under construction and should be released any day now with official news from the company about the launch, as for now it is rumor on the street.
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