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You can see the value being restored to MYDX with each new share being freshly printed.
When companies release tidbits ahead of the actual K or Q, it's seldom good news...especially in the cannabis sector. It's an attempt to soften the blow of bad news in the fins.
Their overall revenue went down from $47M to $35M, that's down 26%. Vape revenue is down 32%.
KSHB said in the 8-K they are sticking with the $230-$250M guidance for FY 2020. They're saying they're going to make $65M in each of the next three quarters. Given the company's track record of late, does anybody really believe that?
It needs to stay north of $5 for at least six months, closer to 12, before institutions will look at it.
Pound for pound... find me a better value in the 420 space...
Nobody needs to "discredit" anything about MYDX, just simply quote what MYDX says in their own PRs and SEC filings.
Besides, MYDX's "real product" is now five years old. In technology terms, that's ancient.
And the number of lawsuits filed against MYDX by vendors being greater than the actual number of products MYDX has released isn't a good thing either.
the company’s failure for YEARS.
MYDX OS now at 6,021,803,220 according to 12/31/19 TA report.
Six BILLION shares. Still awaiting for value to be restored.
Where IS that MYDX marketing campaign that was said to be coming out in 2019? Or was it another lie told?
There's a difference between being patient and reading the MYDX financials showing there is no evidence of those things moving forward.
Still waiting for the things said in other PRs were coming....
AeroDX (coming soon since 2015)
AquaDX (coming soon since 2015)
OrganaDX (coming soon since 2015)
Vape Pen (supposed to be out 2H2017)
Israeli Clinical Trials (supposed to be released Q3 2018)
Canadian Medical Designation (application allegedly submitted December 2017)
How can we improve it?
Institutions only start looking at companies when they stay north of $5 for a considerable amount of time.
GRWG does not seem to be a scam, but it resides in a sector full of them.
Revenue of $80.0 million, up $51.0 million or 176% versus 2018.
Revenue for Q4 2019 was $26 million versus $9.1 million for Q4 2018.
Where IS that MYDX marketing campaign that was said to be coming out in 2019? Or was it another lie told?
MYDX OS now at 6,021,803,220 according to 12/31/19 TA report.
Six BILLION shares. Still awaiting for value to be restored.
How will that be done?
Since April 2016 through December 2019, the MYDX OS has increased by 27,170.4%
Also, the company does not have enough shares to honor the warrant commitments spelled out in the financials.
Again, how will MYDX restore value?
MYDX OS now at 6,021,803,220 according to 12/31/19 TA report.
Six BILLION shares. Still awaiting for value to be restored.
Where IS that MYDX marketing campaign that was said to be coming out in 2019? Or was it another lie told?
That's smaller than the usual t-trades that have been happening. Over the past several weeks, there have been many of 15M share t-trades.
MYDX is an ATM to some.
More sells in the quads today, including another Form T trade.
Someone needed that ~$800 today pretty badly.....LOL
And MYDX Shareholders continue to get screwed.
The belief is that WalMart will buy FedEx, to stay in competition with Amazon’s internal build of its Prime delivery infrastructure.
Where IS that MYDX marketing campaign that was said to be coming out in 2019? Or was it another lie told?
MYDX OS now at 6,021,803,220 according to 12/31/19 TA report.
Six BILLION shares. Still awaiting for value to be restored.
Where IS that MYDX marketing campaign that was said to be coming out in 2019? Or was it another lie told?
Company has $18M in cash, $26M in debt, $9M in quarterly operational costs (prior to restaurant opening, so it's likely more now) and operated at a net loss of $1.72M last quarter.
Those aren't horrible numbers, but it raises the question: How is the company going to fund the license purchase of $6M and the Santa Ana buildout? The company has said it expects to get the license by early Q1 2020.
Planet 13 will pay Newtonian $6.0 million in cash and issue 2,039,808 Class A Restricted Shares (valued at $4.0 million at the time of entering into the LOI) upon receiving final state and local regulatory approvals to transfer the operating entity after Newtonian opens its dispensary. The work to enable the license transfer has begun and the Company has initiated the engineering and design work on the planned 40,000 square foot cannabis facility that it intends to build out after closing on the acquisition, currently expected to occur in Q4 2019 or early Q1 2020.
MYDX OS now at 6,021,803,220 according to 12/31/19 TA report.
Six BILLION shares. Still awaiting for value to be restored.
Sometime before July 31st, as the company doesn’t have the shares to satisfy the warrants due on that date.
Where IS that MYDX marketing campaign that was said to be coming out in 2019? Or was it another lie told?
MYDX OS now at 6,021,803,220 according to 12/31/19 TA report.
Six BILLION shares. Still awaiting for value to be restored.
Where IS that MYDX marketing campaign that was said to be coming out in 2019? Or was it another lie told?
MYDX OS now at 6,021,803,220 according to 12/31/19 TA report. Six BILLION shares. Still awaiting for value to be restored.
Where IS that MYDX marketing campaign that was said to be coming out in 2019? Or was it another lie told?
MYDX OS now at 6,021,803,220 according to 12/31/19 TA report.
Six BILLION shares. Still awaiting for value to be restored.
MYDX has been saying products will be released for YEARS, yet they have never happened.
OrganaDX “coming soon” since 2015.
The pen was supposed to be out 2H2017.
Funny how the tweet doesn’t say what MYDX re-stocked. Given the shifty wording of its PRs, the company could be re-stocked on toilet paper.
Where IS that MYDX marketing campaign that was said to be coming out in 2019? Or was it another lie told?
LOL there are MYDX Shareholders averaged in at .0185 hoping for a miracle, let alone buying in at trips.
Yazbeck is going to have to do something in order to keep the ATM open, be it an RS or BK.
MYDX OS now at 6,021,803,220 according to 12/31/19 TA report.
Six BILLION shares. Still awaiting for value to be restored.