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I took a look at the q4-17 bal sheet vs q3-17. Disclaimer....Im sitting in an airport doing this on a legal pad and my phone. I dont see any big surprises. Frankly, its about what i expected. We knew q4 was tough. We knew that the big breakthroughs didnt happen until q1-17. They were losing money for the first 3 quarters of 2016, and nobody expected them to turn a profit in q4.
If you are focusing on the end of year net loss, keep in mind that the whole toxic debt situation makes a mess of the financials. If you look below operating income in the p&l youll see large numbers from the expenses related to the additional stock issuance. You can also see offsetting really big numbers at the bottom of the balance sheet. These two numbers offset, creating a large expense...but keep in mind that this is due to financing activities and not ongoing operations. Loss it told us exactly what DY already told us. We knew all of this. (Keep in mind that we will see this again in q1-17, because the dilution continued until early March).
So, my preliminary? thought is that as of year end we had invested in a company that was losing money, and had a hole to dig out of. WE ALREADY KNEW THAT. I think DY was transparent about the situation....which I see as a positive.
For 2 months Ive been saying that the 10k can only be neutral or bad. Bad would have been if DY wasnt being honest with us. What we got was NEUTRAL. Which was the best that any of us really expected.
He gave us some good forward looking info on the call today. Some here have dd for q1 that they are excited about. So my take is that we are no worse off than we were yesterday, and theres a lot to look forward to.
All, of course, just my opinion.
Thats a little random highlander.
To be honest, I was climbing on a flight when it was released so I've just had a few minutes to kind of glance over it, so I don't really know one way or the other. But please do keep in mind that all of these quarterly filings, and the K in particular, have huge amounts of boilerplate and standard language that is used. The lawyers that are involved in these things are very very clear about limiting the risk and limiting any sort of forward-looking statements. Regarding the 26 million of debt, I was wondering where that number came from too. Can you elaborate? I took a quick look at the balance sheet, but don't remember seeing that number I could have overlooked something though.
Just landed in dfw...will try to dig through this on my layover. Tough on a phone.
Thats boilerplate 10k verbiage for otc companies. What do you see, specifically, that was bad?
Only 6m shares in the first hour. I think people are fed up with the games and cheerleading, and waiting for some reliable facts.
I was showing 4 stars, too. I cleared my browser history (android phone) and now it shows 5. Flakey website stuff. It was showing a cached image. Go MYDX!
This was in my news feed this morning. Nothing new, but good to see it being covered.
https://www.insiderfinancial.com/heres-our-take-on-the-mydx-inc-otcmktsmydx-numbers/121472/
The public is....
Big, not sure if youre serious or not. Yaz, is the ceo, and im sure he has more than 30m shares. A number of folks on this board have more than that, and a lot have 10m more..
Agree, although mydx has a history of releasing prs late in the day on Fridays. I guess you never know.
Up ya go, mydx. Hey Yaz, how about a little help here....
I do have L2. You must not have been here in January : )
I dont think any dilution is going on at this point....
I wouldn't think that any do. Why do you ask?
I hope you're wrong on the last two! I think we're headed in a good direction, time will tell.
Fair enough. I've butted heads with you enough for one week : )
Peace...I'm back to work now.
We had the same situation. It was eventually filled, but never showed up on the trade-ticker or L2. 250k shares at .0125, approx 12:15pm.
But...to your point, Malc...we were both on this board all Winter long, watching the dilution as it happened. The trading patterns were completely different. Right? I mean, I don't see those trades now (12 x 1 million share trades hitting within 15 seconds of each other).
You've been at this longer than me, but that's what I remember.
Doubt you'll see it on the 10K, right? The end was announced in March. Should see it on the Q1-10Q though.
CDEL didn't fill it.
My point is.. when they limit their reports they create a breeding ground for the MMs and flippers to thrive in
Just had a buy order in at .0125 and CDEL didn't fill it. Frustrating. L2 showed that there was plenty available.
It wasn't specifically addressing a question about performance...so wasn't of much help there. I don't think that he'd give guidance either way to an individual...only in a public forum.
how many people on here have heard from the CEO?
We're only down 7% for the day. This stock does that on a regular basis, and recovers in the afternoon. This is not a big deal.
Even more than seeing a 10K or 10Q I'd like to see some news relating to where Yaz says the company is heading...markets, products, niches. I appreciate the commentary on the discussion board, but some solid statements from the company would be helpful.
IMO, today doesn't mean much of anything. With volume as low as today's it's hard to judge pressure one way or the other. Can't tell if things are hot or cold until there's more activity.
Where are the clues...
Restricted shares are shares that exist
NON-fake NEWS: Morningstar 4 STARS MyDx... AGAIN?
You said: using 1.6 Billion shares
dilution is an addition to the float
Nobody is dumping shares IMO. The float has been unchanged for a month, and no notifications of insider transactions that I know of.
Highlander, you said: LINK for 1.6 Billion shares is http://www.otcmarkets.com/stock/MYDX/profile
platform that get 87million views avg
1.6 BILLION shares
looking for a position somewhere else
Now why would anyone be so concerned about the effect of dumping 9,000,000 shares during the trading day? It's dilution.
Thin on the ask. Last minute run to .0150+??
Pathetic display today