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Anybody seen the 10-K or 10-Q for MYDelinquentX?
What’s does that even mean?
MYDX SP has fallen from $3.00 to $0.0002, and the CEO/Director/Interim CEO/Chairman of the Board clearly has MYDX in his rear view mirror and left shareholders in the dust.
Looks like the trial for the Peatross case against MYDX has been pushed back to May 7, 2021.
Salty MYDX shareholders have a right to be that way given how the SP has gone from $3.00 to $0.000001.
Where’s the overdue 10-K or 10-Q from MYDelinquentX?
Another 27M MYDX shares went bye bye today, somebody wanted that $2,700 badly.
Still waiting for that MYDX value to be restored.
Withholding the last two financials is a strange strategy to build the value of MYDelinquentX.
You mean the lawsuit MYDX filed in 2017 and filed for dismissal in 2018?
If a lawsuit that MYDX filed for dismissal back in 2018 is the big thing going for it right now, it speaks volumes about the company.
Then why did Yazbeck file for dismissal of the lawsuit he filed?
Again asking.....how did they damage MYDX’s patent application if the lawsuit was filed prior to the patent application?
How can MYDX file a lawsuit in July 2017 about damages incurred regarding a patent application submitted in November 2017?
And I’m saying that six year-old MYDX technology is not something consumers are interested in buying. Sure, there will be a handful of suckers who would still buy it, but not nearly enough of them for MYDX to be sustainable. Especially since their deficit is close to $40M.
The YCIG stuff is easily found on the MYDX 10-Ks.
Gonna have to ask the company on that one.
Back in the day, MYDX would 8-K a satisfying bowel movement.
They’ve produced PRs and literature in financials (back when they actually filed financials) touting alleged strides in moving the company forward, such as alleged clinical trials in Israel, alleged applications filed in Canada and allegedly having partnerships with companies that do not appear to exist.
The fact the company does not file these things anymore shows the public doesn’t buy the claims MYDX is doing anything right now.
And now Yazbeck has moved on from MYDX and is more prominent with YCIG.
And back when MYDX did file financials, note how many times YCIG was noted in them, and see how much compensation YCIG got either in cash or warrants. And then ask yourself whether it’s a coincidence Yazbeck has “left” MYDX and how YCIG is funded.
The MYDX device was created six years ago. How many people would buy six year-old technology?
And it’s licensed technology. And licensee MYDX has already said it doesn’t have enough shares to cover the warrant due to licensor TRD.
How is it known the sole product is “profitable by itself?” MYDX doesn’t issue financials anymore.
Plus, the company owes one of its vendors $15,000 a month through March 2021.
And Yazbeck’s salary of $10K/month....for doing what, we’ll never know.
Yazbeck has received north of $8M in cash and stock compensation.
And that doesn’t include the untold monies he has made through YCIG through “lending” to MYDX. Since YCIG is private, we’ll never know.
The company has released one product....five years ago. And four more “coming soon” dating back to 2015.
Another 13M MYDX shares.....look at all that MYDX value, all $1,300 of it, being sold today.
23M MYDX shares sold so far today, now THAT'S restoring value!
Someone clearly needed $2,300 today, and fast. Maybe it's going to this....
On October 18, 2018, ALL QUALITY & SERVICES, INC., a California corporation (“AQS”), filed a complaint (the “AQS Complaint”) in the Superior Court of California, County of Alameda against the Company alleging breach of contract relating to certain purchase orders and purchases related thereto. On February 14, 2019, the Company settled the matter with AQS by paying $25,000 cash to AQS and agreeing to pay a minimum of $15,000 each month
the Company agreed to pay Mr. Yazbeck a salary of $10,000 per month, or $120,000 per year,
Wow, $550 in Tuesday MYDX trading is recognizing value?
LOL.
Has anyone seen the MYDX 10-K or 10-Q? They’re both overdue and the reasons MYDX is delinquent.
Salty MYDX Shareholders have every right to be so given how the company has been saying products are “coming soon” since 2015, spelling out projects and products in financials and PRs that have never shipped to any customer.
In fact, MYDX has been sued more times by vendors than having released actual products.
MYDX has a rich history of planting seeds like that. They have said in PRs they have and/or “plan” to do things, but shareholders find out the hard way it never happens or it’s all bullshit from the start.
Two years ago, people were absolutely certain the vape pen was coming out on July 17, 2018. And that was a combination of things said in the MYDX financials and DD from other sources. Three years after the company announced the pen and saying it’ll be out 2H2017, it’s still not out.
Putting things on a website is hardly evidence something is gong to happen either. MYDX said both in PR and in their fins they were going to sell products in China. Someone even found a Chinese website with MYDX written all over it making things appear MYDX was indeed selling stuff in China.
Not only was the Chinese thing bullshit, those products have been “coming soon” to the US since 2015. Nothing has happened.
The company has also said it would be conducting Israeli Clinical Trials and would release results in Qs 2 and 3 of 2018. Still no results.
The company allegedly submitted an application for Canadian Medical Designation in December 2017. Nothing became of that.
The number of times MYDX has been sued by vendors is greater than the number of products it has released.
I aski actually talked to the CEO today and news s bout to hit the wires.heard it here first
Nothing.
AS is 10B
OS is 6B
MYDX is delinquent in filings -- no director's report with Nevada, so it's unable to do an RS.
MYDX has also failed to file a 10-K or 10-Q of late, so another layer of not being able to do anything.
In the last 10-K it filed on April 25, 2019, it stated it doesn't have enough shares to fulfill warrants due in a couple of months:
On July 30, 2018, the Company entered into a Settlement Agreement and Mutual Release with Torque Research & Development, Inc. (the “TRD Settlement”). Pursuant to the TRD Settlement, the parties agreed to terminate the February 8, 2017 Research & Development Agreement and the February 8, 2017 Exclusive License Agreement. In return for a full release by Torque Research & Development, Inc. (“TRD”), the Company to eventually issue 45,355 shares of Series B Preferred at a value of $1.00 per Series B Preferred share. The shares of Series B Preferred will be issued upon an increase in the authorized shares of Series B Preferred. The Company also agreed to issue a 7.5% Warrant with an expiration date of July 31, 2020. The Company currently does not have enough authorized shares to issue the Series B Preferred shares and therefore, have recorded them as a liability at their fair value of $1,587,425.
On July 31, 2018, the Company entered into a Settlement Agreement and Mutual Release with BCI Advisors (the “BCI Settlement”). Pursuant to the BCI Settlement, the parties agreed to terminate the December 1, 2016 Advisory Services Agreement. In return for a full release by BCI, the Company agreed to eventually issue 38,272 shares of Series B Preferred at a value of $1.00 per Series B Preferred share. The shares of Series B Preferred will be issued upon an increase in the authorized shares of Series B Preferred. The Company also agreed to the assignment or issuance of three 7.5% Warrants. The Company agreed to the assignment of one previously issued 7.5% Warrant to an entity related to BCI Advisors. This 7.5% Warrant will expire on July 31, 2020. In addition, the Company also agreed to the assignment of another previously issued 7.5% Warrant to an entity related to BCI Advisors and agreed to extend the expiration date from March 1, 2019 to July 31, 2020. Finally, the Company agreed to issue a new 7.5% Warrant which will expire on July 31, 2020. The Company currently does not have enough authorized shares to issue the Series B Preferred shares and therefore, have recorded them as a liability at their fair value of $1,262,976.
LOL, here are the layman requirements for Covid testing, for the actual virus and the antibody test.
For Covid testing, you must jam a sterile swab deep into the sinus cavity. Then the sample must immediately be sealed and mixed with another solution within a certain time. If that can’t be done in time, it must be stored at about -70 degrees Fahrenheit in order to maintain the integrity of the sample.
The antibody test requires a blood draw, and the NIH has said the procedure cannot be done at home.
The MYDX device HEATS UP samples. The device would instantly destroy the sample.
MYDX cannot do anything with ownership stake of the company until it satisfies Rule 144.
The company is a half a year delinquent in its filings. The company hasn’t filed the annual director report in Nevada and it hasn’t filed the last two financials with the SEC.
Rule 144 states a company must be current for at least 90 days in order for ownership changes to happen.
MYDelinquentX.
Remember when chinasciencetech.com was supposed to be the solid proof MYDX was selling products in China?
LOL. They weren’t. MYDX never sold anything in China.
Those four trades for the entire day, including the sole buy of the day for $25 three minutes before market really shook up MYDX.
There is nothing in that link saying that tests can not be taken at home.
"MyDx is also in the process of retooling its existing remote testing platform currently used for water quality and pesticide testing to create a doctor supervised and certified COVID-19 at home testing platform, with guidance of a medical professional in person or via telehealth, backed by verified digital credential authorization for both the doctor and patient, and an automated software which will record, interpret, and deliver testing results to the doctor, patient, and regulatory bodies in real time."
You may want to read up on how both the basic COVID-19 and the antibody tests are collected, stored and read.
Again, MYDX's device is six years old. "Electronic nose" looks spiffy in promotional literature, but it has zero to do with COVID or antibody testing.
So how does MYDX's device, which is six years old, detect antibodies of a virus that is six months old?
And how does one get around the inconvenient fact that you can't do these tests at home?
Depends on the definition of "alive."
If it were alive, Yazbeck would have converted those 2B restricteds from two years ago. Problem is he can't, because Rule 144 requires the company to be current in reporting for at least 90 days. Company hasn't filed its annual report with Nevada and hasn't filed its K or Q.
How does the MYDX device, which is six years old by the way, detect a virus that was only discovered in the past six months?
Lawyers are probably paid under “consulting.” Then again, Yazbeck has decided to withhold the financials and not send anything to the SEC.
Yazbeck might be concerned about revealing too much in the lawsuit where his former Chief Medical Officer is suing him and the company.
Oh well, that’s what depositions, discovery and cross-examinations are for.
Case to be heard November 6, 2020.
He can’t redeem those 2B shares until MYDX satisfies Rule 144, which requires being current in reports for a MINIMUM of 90 days.
MYDX has been DELINQUENT since January 1, 2020 by not filing the annual director report with the state of Nevada.
And not having filed the 10-K.
Nor the 10-Q.
MYDelinquentX.
Has anybody seen the MYDX 10-Q that was due on Friday?
How about the 10-K that was due a month ago?
How about the annual report due on December 31, 2019 to Nevada?
MYDelinquentX.