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MYDX does not own any patents.
I think MYDX Shareholders would be impressed with the company by actually having products to sell.
the exchanges have many exceptions to the rules as well, the main thing is the revenues
This stock just went into the 'quadrupes'! I didnt know that was possible!!
LOL...MYDX can’t even pay its own bills without screwing over shareholders.
US Market closed early today. MYDX done dumping shares for the day, 50M fresh ones printed off today.
Your instincts about SGMD not being anywhere close to qualifying for Nasdaq are correct.
It's not just the doubling of the net loss from last year, it's also how SGMD owes some serious money elsewhere....
On October 30, 2019, the Company closed the previously announced acquisition of BZRTH, Inc., a Nevada corporation (“BZRTH”) pursuant to a Stock Exchange Agreement. BZRTH is headquartered in Irwindale, California and is a leading marketer and manufacturer of hydroponic growth supplies and related products to distributors and retailers. The total consideration to be paid by the Company to acquire BZRTH is 650,000,000 shares of the Company’s common stock, 3,500,000 shares of Series B convertible preferred stock, $870,000 in cash, and 5% promissory notes in the sum of $7,130,000.00 due on or before October 31, 2021 to the BZRTH shareholders. $870,000 of cash had been paid and 200,000,000 shares of the Company’s common stock had been issued as deposit pursuant to a master marketing agreement of December 13, 2017.
Net loss totaled $12,229,151 for the year ended June 30, 2019, compared to a net loss of $6,296,390 for the year ended June 30, 2018. The increase was attributable to issuing all of the stock compensation expenses for employees, legal, and consulting fees.
Another 50 million MYDX shares printed off today.
Can't wait to see the TA report to see if MYDX OS is officially over 6B shares.
As usual, MYDX Shareholders are screwed while Yazbeck collects his money.
OrganaDX has been “coming soon” since 2015.
SGMD share structure....
2B AS 10/31/19
870M OS 11/19/19
441M Float 10/31/19
$11M MC 11/26/19
And this company issued a PR yesterday saying it’s looking forward to uplifting to NASDAQ? LOL, SP must be at least $4 and at least three years of no net loss. SGMD SP is one penny and the company doubled its net loss FY 2019 compared to FY 2018.
The only elimination is the MYDX Shareholder value.
There are some really salty MYDX Shareholders out there who are down 99% in their positions.
No kidding.
Wonder if Yazbeck has paid off Arrow yet, case number 37-2017-00037354-CU-CL-CTL.
Or Cedar Business Services, case number 37-2018-00000913-CU-CO-CTL.
Or AQS in case number RG18925225.
No idea, other than to laugh at Yazbeck for having to settle the $29,000,000.00 lawsuit for $5K.
And to a guy who, according to the court website, had no legal representation.
LOL.
That’s funny, because when MYDX allegedly had a business relationship with Highsmen, there was no website either.
Still none.
Company just issued seven Form 3 filings, issuing more stock options to company management.
No R/S.
MYDX will restore shareholder value.
People invested in Planet only care about Planet, not how its financials compare to others.
Planet's revenues are flat, which should not have been a surprise to any given the monthly reports they issued.
The problem is also how the debt is increasing and the cash on hand is decreasing. They plan on getting the Santa Ana license sometime between now and the end of Q1 2020, and it's pretty clear they have the cash to complete the license transfer, but not to fund the building of the new store.
Wow i guess people aren’t happy with financials which weren’t bad at all. Compared to all the companies out there
LOL, who wants to "acquire" $40M in debt and five year-old technology?
Nice $66 paint job EOD to MYDX SP.
Only to see another 15M go t-trade. Fourth or fifth consecutive trading day?
On top of the 25M that went poof 30 minutes before close.
Okay, so Yazbeck didn't do anything to AlerSense. Got it, thanks.
So Yazbeck has been focusing on trying to shut down another company rather than focusing on MYDX? Is that what's being said?
Because, if true, in tandem with the MYDX SP freefall, could constitute a breach of fiduciary duty to MYDX.
LOL, how can the license be revoked when the company has yet to receive it?
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.
It's dead here because KSHB hasn't hit rock bottom yet, going from $7.10 to $1.50 in less than a year and likely needs another cash raise in the near future.
Allegations overwhelmingly supported with facts.
Revenue
Q1 2019: $13.8M
Q2 2019: $16.5M
Q3 2019: $16.7M
Net loss
Q1 2019: $1.42M
Q2 2019: $935K
Q3 2019: $1.72M
Debt
Q1 2019: $17.7M
Q2 2019: $22.3M
Q3 2019: $26M
Cash
Q1 2019: $19.5M
Q2 2019: $18.8M
Q3 2019: $13.6M
Damages are just about over? Seems that way.
Seems that way.
Four products that have been “coming soon” for anywhere from two to five years.
At least $1M going to promote a product in China that is still “coming soon” in the US.
Daniel Yazbeck getting over $8,000,000.00 in “executive compensation” in cash and stock. Plus unknown other cash and shares that have gone to Yazbeck’s Yazbeck Consulting and Investing Group from MYDX.
And an MYDX OS at 5.9B.
That’s why MYDX has gone from $3.00 to $0.0001, and occasionally trades in the quads.
Kinda fitting since the company has also seemingly abandoned shareholders seeing how the SP has gone from $3.00 to $0.0001.
LOL, the UF thing. It’s so big, the company doesn’t even say anything in the financials about it.
The double-digit movers yesterday and today in the sector were the LPs. KSHB and other picks and shovels did move, fortunately, but not at the rate as the growers.
Why not? He printed 665,506,754 fresh MYDX shares in 13 trading days this month already.
Wouldn't it be nice to ask Yazbeck in a deposition or cross-examination, under oath, whether he or someone at his behest has involvement on these end of day paint jobs to the MYDX SP?
Case number 37-2018-00055626-CU-CO-NC is scheduled to go to trial on April 17, 2020. Can't wait.
How IS that court case with MYDX going?
What’s the case number?
Nothing in the latest 10-Q about it either.
Looks like Defendant Yazbeck is gearing up for case number 37-2018-00055626-CU-CO-NC, with the trial starting April 17, 2020.
MYDX has proven strength throughout silence.
When news hits. It will hit hard
and pps will skyrocket.
Christmas is almost here.
Since the TA report was issued at the end of 10/31/19, wouldn't that day already be included? 10-Q was submitted AH yesterday, wouldn't the window be November 1 through 19....13 trading days?
That moves the average up to 51,192,827 shares per day. At .0002, that's $10,000 per trading day.
Even at 47,536,197, that's $9,500 per trading day.
Either way, quite the trips to the MYDX ATM there.
Bound to be some really salty MYDX investors.
At this rate it would be in early December, let alone the end of the year.
LOL....MYDX OS is now 5,901,262,090, exploding from 5,235,755,336 shares just two weeks earlier.
That's a 13% increase in just two weeks.
Unabated dilution.
Which says the pen never existed.
MyDx plans to develop additional smart hardware that gather user data, such as the Eco Smart Pen.
And less than 900M shares left in the tank. MYDX going to have to R/S real soon. MYDX Investors are going to be really Salty.