Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Maybe even .003 or lower at this point...depends on how debt will be converted before the next positive PR to support the stock.
Its not being shorted, its being diluted
The pressure on the stock price tells u the dilution is continuing.
Nodummy laid out the companys debt really well, if sales don't pick up to offset some of the toxic debt, there won't be any value left. The company is still in phase one of the China deal currently...
5 companies are located at that address.
If you want to see both sides of the argument of whether this company is a scam, go on the DD board. Check out the convo between Darth and others
Darth, do u have any analytical input?
Alersense sells for 230(179 with current discount) as a stand alone. If I had to choose, I would take the mydx with the multi-sensor capabilities. Price is going to drop before the new year. Prob sub $500. If they can get it to $399, It will dramatically boost sales.
Also it's not "irresponsible" to sell the product in the US where there have been occurrences when people have been lead to believe by people of authority that their water is safe to drink and it wasn't...
Does the EPA exist in China? India? South America? Third world countries?
No, thats how read it by someone specific and that person said it was a fraudulent product...its in writing
If someone claims a company's product is "fraudulent", they better be able to back up the statement. Its called libel and can be costly if pursued. The product states exactly what guidelines it tests to, nothing is misstated.
I expected 150mil increase in O/S by The end of Q4 when I valued the company...for me, its more about getting an 8k for the china deal. To me its the most important item to proving this company is taking steps in the right direction.
Some of the negative arguments hold water, I can't discount everything. But, the recent 8k isn't all bad. Its a restructuring of the deal in place to pay less per unit, cleaning up outstanding debt owed to the developer, and termination of the JDA. While this leaves AERODX in question and does bring further dilution, it all also means the price of each MYDX unit will drop.
They were SUED for not being current with their financial obligations!!
Please explain to me the bright future without spin? All I can see right now is a company reeling trying to find a new direction. What are they going to use for data collections if they're not selling analyzers?
Well now u know why the stock is getting hammered
ANY THOUGHTS ON PENNY'S NEWS??? DOES NOT LOOK GOOD
Im in for a conference call. For those that did talk to the company, whats the answer for why Lynx can't be found?
Highland, who said that quote?
If the company comes out with an official filing for the China deal, im completely on board. As of right now this stock is a shot in the dark complete gamble.I am invested and averaging down but, that may change if nothing is made official. Who knows when the capital raising will end also....
There is no mydx2 in the near future. Any mention of it on the cdx website is gone. Ask IR.
When u go to the store, do u buy a brand name cereal or the store brand because its cheaper? I completely disagree with ur statement. Brand names with cheaper competition wouldn't exist if u were right. It all comes down to advertising.
If yhe China deal is real, we're around fair value for 400mil shares IMHO. I don't understand how/why they would move away from the mydx analyzer. Whats the point of even releasing the Aerodx or Organadx? Yoda do u have any input?
Thats only if the can through phase 1 proof of concept for the china deal
I don't think cdx is releasing the Mydx2 in dec....There's no longer any info on their website.
I believed in the company, hope Malc is proven wrong....
GREG, why is that not weird? Where's the 8k? With a pinksheets CO, things like this put doubt in investors? Please tell me where im wrong.
GREG, why is that not weird? Where's the 8k? With a pinksheets CO, things like this put doubt in investors? Please tell me where im wrong.
Weird that there wasn't even a seperate press release for the new contract...one would think this was huge news, why not put fire behind it?
Greg, here's some rough math on how I value the company.
-About 300k in notes to be converted this Q at an average of .008(just a guestimate)= 38,000,000 new shares.
-Cost of business around 1M= 100,000,000 new shares.
-800,000 in sales for 2016
Giving the company a 5×current sales valuation get you a fair value of .01.
I use a "5×" multiple because CDX is currently considered in the cannabis sector which calls for compressed multiples. It may even only be 2× if Jeff sessions repeals the Cole Memo. IMHO, not advice in any way. btw I do own shares....
Also in my opinion, we're looking at between 100-200mil of additional share dilution for debentures/cost of business for this Q. Maybe we reach break even in 2nd Q 2017 if current product and new products meet expectations...
Im not sure the product works very well on cannabis. I haven't seen any recent (what I consider unbaised) reviews. No money spent on US advertising that I could tell. App shot to the top of the charts because they released an update. Its not even in the top 100 anymore....
Cost of what? Goods? A little over 79k
Here's a question...How do they get sales on track in the US? Pretty aweful last Q.
Didn't see the 8k for the new deal, can anyone post a link?
I personally don't think its done going down. Why would it go up until the next positive news release; which won't happen til mid december. Also depends on the convertible notes.
Thats understood, think its time to sell....too much fluff and not enough follow through.
WHATS THE PENALTY FOR NOT FILING WITH THE EXTENSION? IS DELISTING NEXT? serious question....
I'll believe it(and be very happy) when I see the filing of the deal...He can say anything he wants but, its not official yet.