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Why would you ask that?
Agree...I did the same.
In the "Notice of Stockholder Action," bullet point #1:
"Grant discretionary authority to the Board, at any time or times for a period of 12 months after the date of the Written Consent (as defined below), to adopt an amendment to the Company’s Articles of Incorporation, as amended (the “Articles of Incorporation”), to effect a reverse stock split at a ratio of (i) 1-for-250; (ii) 1-for-500; (iii) 1-for-750; (iv) 1-for-1000; (v) 1-for-1250; (vi) 1-for-1500; (vii) 1-for-2000; or (viii) 1-for-2500, such ratio to be determined by the Board, or to determine not to proceed with the reverse stock split (the “Reverse Split”);"
Under "Corporate Action No 1":
On July 5, 2018, the Majority Stockholder approved and ratified the resolution regarding the Reverse Split via the Written Consent.
As I read it, the RS has expired.
I agree. If SP drops to to these levels organically (i.e. because the company is truly in trouble) then why would they pay a web firm to update their website for new sensors, etc....and then NOT MENTION THAT PRODUCTS ARE AVAILABLE FOR SALE? Let the RS expire...AND NOT MENTION IT? Why would they rack up $150k of tooling costs (which are costs required to START UP A PRODUCTION LINE) and then NOT MENTION IT?
There is a strategic reason for all of this. None of us are privileged to the reason why, but I am confident that there is a buildup to a big announcement.
Time will tell. All IMO.
Hard to disagree with that. I've made my displeasure known. They have reasons.
10Q is due on 8/14. Maybe we'll get some guidance.
You in on the action yet, or still waiting for a penny?
Canna sensors and kits now show available. Is this new? It appears to be.
Ahhhh. Got it. Not a legal document. Maybe that explains why "a MYDX analyzer" suddenly costs $3,500...no evidence required.
My original confusion was because the terminology shows a "Plaintiff" and a "Defendent." Those are typically legal terms, but maybe the Better Business Bureau uses them also. I don't have any experience with the BBB.
The claim said that payment was for "a mydx analyzer." It doesn't say "2 analyzers," or "3 analyzers." It says "a mydx analyzer." I think that means one.
What does this post have to do with the BBB?
Seems odd that the transaction was for 3499.82, for "a MYDX Analyzer." MYDX doesn't have any products that are anywhere near that cost.
If you're going to the trouble to file a claim, wouldn't you include more identifying information? Maybe not, maybe the receipt for this $3,500 analyzer was attached as an exhibit.
Sorry...March 2017. Friday 3/17/2017
Even so, their website is showing 5 PRs in April 2017.
In April 2017 MYDX waited for the stock to bottom out at ~.001, and they waited until 3:30 on a Friday afternoon to announce big news that drove the price up to $.02 very quickly. Ya never know. This could be the right Friday.
Manipulation? Not a chance!! I'm sure that someone just needed to pay their light bill with that $2.50 (minus the trade fee, of course).
Funny how supportive the board is for Dr. Jess! I don't remember this support when she was initially announced.
Buying an empty, unused, dormant shell? That's what a reverse merger is...
Quote:
Quote:
Dewald vs. Hillary Clinton. Passport seized. Yep, probably just in the wrong place at the wrong time. I'm sure he's a good guy.
https://casetext.com/case/dewald-v-clinton-2
A little light reading. Definitely pertinent to the MYDX ongoing conversation.
https://www.freedomleaf.com/jerome-dewald-legitimate-marijuana-activist-constitutional-convention-con-man/
Where do you get those numbers from?
I highly doubt that any of the insiders is going to risk prison time for a max profit of $3,900.
Bad hombres.
What is your source for that number?
Well, from what I'm hearing 65.23% of the 659,664 shares that were sold today were actually shorts! Hard to believe that someone would go to that much headache so that they could pocket $559.38847536!!
Where do those numbers come from? This board has preached for years that "there's no reliable source to see shares shorted." Yet you know it to be 65.23% of yesterday's volume? That's pretty precise....
Quote? Who is saying this? You?
Do you know if this is new?
LATE 10Q. NOT SURE WHY...BUT...
This company has historically been on time and transparent. They haven't hidden bad news...they have always filed regardless of the results.
I don't think that the Q being late signals a bad quarter...they've always filed their reviewed statements one way or the other, and just let the chips fall where they may. I suspect that there's another reason that it's late, and the decision was made that it would be better to file late, and keep whatever they're working on secret a bit longer. Remember that there is $150k-ish of tooling expense on the balance sheet. THEY HAVE BEEN INVESTING IN SOME TYPE OF MANUFACTURING RUN.
Time will tell. Like everyone else here, I'm tired of waiting. Weeks have dragged into months, and months into 2+ years. It's time for some news and an unveiling.
Actually....I was advised by a moderator that board members could say "anything that they wanted to say about DY because, in the context of this board, he is a public figure."
I don't know why Sanzeri or Dewald would be any different. Just saying.
I agree, 100%.
Please don't throw around fictitious numbers like "40 million in debt." The entire balance sheet only has $12m of liabilities.
Yesterday a trade of 5M buys posted after the bell. That brought the buys/sells up to close to even. Any idea of what that was?
Actually, three million traded, 2 million of which were sales 1 million of which were buys.
Well, to be fair, "unload" is a relative term. Only 3 million shares sold today, so a total of $6,000. That really doesn't make much of a statement.
There is $173k of Tooling cost on the balance sheet, with a note indicating that the asset "has not been put into service as of 12/31/2018".
The balance sheet was audited, and that line item was reviewed to the extent required for the auditors to realize that it is a legitimate balance sheet item. If it was worthless then it would have been written off in 2018. Instead, we know that there's an asset that has been paid for and that is on-deck for an upcoming project.
Tooling is an indication of preparation for a manufacturing process. Something is on the horizon.
This is source for a page from a PHP app. PHP is a server side scripting language, in this case running a MYDX page. Based on the page name ("strain-profile") I'd guess it's what you'd see if you were checking out the results for a particular strain online. Nothing much here...you can see the source for most any web page by right clicking on the page and then "View Page Source" (or similar, depending on your browser).
You came to the right place. You'll have no shortage of opinions on that question.
Hey....if your power bill is due then ya gotta get $185 from SOMEWHERE, right??? (less broker commish, of course).