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Almost forgot about this stock till I got an alert. Thought this was supposed to be revoked a month ago? Hmmm interesting. Never say never.
THE THING ABOUT SEO, BRANDING, MARKETING. IT TAKES TIME.
Anyone watching MYDX, and not just here, knows they have been steadily increasing market presence. In the states as well as internationally the MYDX foot print is growing.
This is a quote from the reply of an old business associate. I asked if he would look at MYDX from inside China(he lives in Beijing). Take it for what it is, I trust him but this is still second hand information.
Hello Joseph,
Greeting from Beijing. We are doing well and XXXXXXX says hello.
In regards to your query on MYDX products here in China I have some information. As I am sure you know the Internet differs here in China than in the United States. It appears they are selling products here in addition to some promotional and product information that is available.
Are these units produced in China? I found some references with a company that specializes in electronics production but not sure if it involves the same players. Could be a different Yazbeck.
MYDX is easily searched so someone has been taking the steps to insure the company is placed appropriately in terms of SEO here in China.
I was also able to confirm the validity of the holding company. They are a legitimate holding company and have been around for some time. Here in China and several other countries holding companies are how business is conducted, a necessary evil if you will. I see nothing out of the ordinary here but never a guarantee. Although seldom would a company be drawing attention to itself by advertising if doing something illegal, China has stiff penalties.
Wow glad I added more again at 35! I can get out here and make 5k lol. Not that I would. Hell 5k barely fills up the tanks on my boat lol!
With all the crying about China I would think it is very relevant.
Or we onto the next shiny object already?
Makes no difference mysteries will be revealed soon.
I hate that MYDX thinks it can conduct business without shareholder approval.
Can't wait for next couple months. Buy while it is cheap.
I do.
30 INVESTORS OWN OVER 60% OF 1.5 BILLION SHARES.
What are your thoughts about this?
DON'T BE FOOLED, MYDX IS DEFINITELY IN PLAY.
There are many reasons to attempt a push down of a publicly held company, not the least of which is B/O possibilities.
MYDX has a large number of multi-million share investors from the February lows of the .001s. If almost any of them tried to liquidate some of their positions with such low volume right now it would look like dilution.
MYDX can only be brought down so far before more longs come in or current longs increase their position size further. Do some social media DD, this is on everyone's watch list.
The buying/selling we see is a common MM tactic to stimulate volatility in the market but it can only move things if people buy or sell with them. Investors are going to wait for the 2Q to show that MYDX is in fact moving forward. Once that happens, which it will, MYDX will see the volatility that led to the last run with no financials, law suits and many other negatives were around but are now gone.
JULY IS GOING TO BE THE START OF SOMETHING BIG!
I personally don't read so much into a blog.
They are generally composed of known facts and opinions from the author who is not generally a professional writer. I do agree maybe a writer for his blogs would be a good idea considering investors standing in line to pick them apart.
The other problem with unprofessionally written material is its more likely to have issues with comprehension. I read it and understood that everything they were going to give the FDA was given and let the cards fall. Actually a common practice in dealing with government agency's, which I have some experience. Otherwise they will just keep making you jump through that hoop.
I just think the stock had to many news junkies waiting for RMAT which for the most part was largely priced in to begin with. Tripped some stops and was on the floor before anyone knew what hit it.
IMO
I appreciate the effort gone into supplying these links. I have in fact seen the EPI link before.
I should explain I do not give publicly available census or statically information much credit. Reasons, I am sure you are aware, being they are only as good as the data collected, the assimilation of that data and the programed algorithm among other variables. In short, you can make them spit out anything you so desire.
Texas has so much more going on regarding it's demographics there isn't enough room here to go into it. Really much like your socioeconomic review which I have to take as legitimate after a quick review. Lets just say there is more than enough people willing and able to pay for the various treatments from USRM.
I made an assumption in my statements before considering it would be understood while the benefits of the stem cells and heart related conditions are considerable, it is not the only clinical treatment. U.S. Stem Cell has several treatments available and that is how I came to a guessed average costumer cost of 20K.
The point I was trying to make in regards to USRM is the business model is sound. After some investigation the franchise will be desired in Texas if properly marketed.
While I live out of country now I spent several years doing business in Texas. USRM will fair well there.
Take care!
It is interesting but may want to do additional DD in the state of Texas. Income there is higher than your dated examples.
There is no doubt in the beginning low income patients may not have access to this procedure. But the majority that would seek it out will most likely be able to find a way to pay. There are more ways to finance this than the example I linked. In addition, many lower income individuals could use a friend or family cosigner with this company.
The real statistic here is the fact you consider a conservative figure of 20k per procedure times 1000 patients you get 20 million.
Now considering there are roughly 27 million people in Texas thats about .004% you need to get through the door.
I had someone at the Paleo conference and USRM was not just there to talk. Several existing clinics in Texas were there as well and are interested in adding the therapy.
The choice to market what they have is a wise one. FDA has everything USRM has to give for RMAT decision. There is an excellent chance RMAT will be given with stipulations as in other FDA decisions.
Financing is already available for the Stem Cell procedures.
http://www.prosperhealthcare.com/patients/
MYDX GOOD NEWS COMING IN JULY!
All the babel about the whats, whos and whys will be pointless by then.
$USRM my .002's looking better as well!
I agree with some of this opinion on MYDX.
MYDX has obviously been truthful about hiring a marketing partner as we have seen more than usual from them. I agree that there is such a thing as to much information.
There is such a thing as PR fatigue, and MYDX is in the throes of that right now.
Because in all likelihood, Q2 fins will show that ain't the case.
Agreed! A Golden Cross is very possible here.
MYDX financials mimic both some of the most successful startups and some of the most successful startup failures in publicly traded companies.
I believe the contentious view many have of MYDX is due to the misunderstanding of MR. Yazbeck at a more personal level. They see him as a underfunded and under experienced CEO. The later being true but he is obviously a quick learner with a network of very experienced business individuals.
If you have ever spent any time out of this country you will understand Mr. Yazbeck and the people around him better. Yazbeck investments was created before MYDX and it was done because of the opportunities he saw holding the positions at Panasonic and Pfizer. He has access to capital with out a doubt. I can best explain this by referencing the structure of your neighborhood Asian or Middle-Eastern quick mart gas station. You will notice that they come in as a family unit, combine resources and continue this business model till they have several stores. He is tapping business associates, family and friends, many from Lebanon and Canada to make MYDX's recent push. I believe this is being done through Yazbeck Investments to keep public exposure to a minimum.
My only confusion is why the lack of distribution follow through. It takes almost no effort to sign these non-exclusive agreements to get sales mobilized. A 700 to 900 analyzer is only going to receive so much Ecommerce attention without serious ad campaigns.
Anyhow I like the backed by fact slogan. Your assessment is excellent. MYDX chart is representative of several successful NASDAQ companies that see investor interest fade as they set up the next move only to fill large gaps quickly then repeat the process. Lets all hope this is one of those plays!!
Sums it up.
I gamble with my money sometimes. Just don't blame anyone else if I lose it. I believe in being accountable for my actions not accusing others for them.
You didn't know the number posted was not the business number? It was a contact number but that is all.
If I can track them down anyone here can. Besides I wont be the one to unleash the OTC mob again. OTC is nothing more than Vegas online. If you lose in Vegas you don't get to cry to the house about it so why should you here...
The number was simply changed. I would change the number to with as many calls from this board they were receiving.
Agreed. I bought some at grey prices just to see what would happen. Getting interesting. Have to see what happens next.
Well said here. Exactly what has happened with USRM.
Once U.S. Stem Cell starts opening clinics in Texas you will see a huge revenue increase.
I have a ranch in Texas so know a little about how thinks work here but if you doubt it research growth of similar "gray area" procedures in this state.
Agreed. Perception is everything. Anyone here today has been for awhile, was waiting for this dip or got lucky and froze. Shortly this will make knowledgeable investors handsome returns.
Doesn't sound very incompetent.
Use finances for something that generates revenue in the short term while shedding all the RMAT crying investors in one day knowing RMAT will be approved shortly.
Sounds more like genius to me....
What if RMAT happens next week???
That was very generalized in the blog. Not putting any more money into RMAT doesn't mean they didn't already give them everything they needed.
What an interesting blog to put out after waiting 6mo for RMAT. The way it is worded he did nothing wrong if we get big news soon.
Lot of loading 60% and 50% bargain prices today.
Whats 2mil shares @ .03 and then sell @ .08 ???
Investors with patience know that if something was worth X amount today and tomorrow is worth half, if nothing changed but perception, good chance it will be back at X soon...
USRM was tired of answering questions repeatedly about RMAT.
Comella; We know RMAT is going to happen but these people won't let up! Wonder if we told them we didn't care about RMAT anymore what would happen?
Tomas; Hold my beer...
YAZBECK DOESN'T HAVE ANY CANADIAN CONTACTS?
No they said.
I hate predictions because its a fools game. But odds are we retrace this move plus some before Q2.
I bought several million shares in February. Sold half @.128. This was just play money for a day trade
I love this stock. So predictable, Almost doubled an extra 50K I had laying around. Knew the kids would run but WOW. Thanks for the Big Money Monday USRM!
I think everyone was well aware RMAT was long ago priced in. I believe this will give the real investors more confidence that the company is acting on revenue generating ventures opposed to hoping for our government to clear away red tape this one time. Good news in my opinion.
MYDX LONGS TO BENEFIT HUGE THIS SUMMER
MYDX is again keeping its promise to shareholders by continuing to move forward with all phases of it's plan. MYDX is also staying true to a good business plan by being methodical and measured in each move.
A successful businessman and investor have traits in common. Very successful businessmen/investors have traits of accomplished poker players and chess players. MYDX CEO and executive management have traits of all the above.
This is evident in the way MYDX has orchestrated its business plan. Methodical, calculated and coordinated, not letting outside influences effect the path and push hard once direction is determined. As with anything there have been missteps but loss has been managed, direction changes made and path forward regained.
MYDX decided that CannaDx for now would take the lead with it's associated products. Canada is showing to have less resistance to cannabis moving forward in both medical and recreational use. Only a fool would not tap this market right now in advance of not behind the movement. Make no mistake MYDX CEO is now networking with heavy hitters in the industry so everything from how, who and when will be calculated and information will be as well to avoid tipping a hand. All of this was foreseen by some and denounced by many but as in any good plan MYDX has pushed it to fruition.
By listening to 3 sentence quotes taken from one 20 page document of which there are dozens of MYDX filings in the last 3 years you will be playing a fools hand. The price paid for this will be in loss of riches yet to be determined.
Longs know we are not the captain here, we are merely the crew that keeps the cogs turning. Longs have faith in the captains ability through past performance. At the end of the day this will be how we earned the victors table!
I know someone who unloaded most his at .0005 break even and the rest at .0004 so someone was buying
It wasn't today. But looks like 200k was bought today.
Still so curious here as to what will happen regardless. I bought 400k just to go along for the ride. My bar tab was more than I paid for the 400k to play. Who knows maybe my grand kids will find in 20 years I have money sitting with some attorney in regards to this lol. Happened to my neighbor...
Very nicely worded post!
Obviously someone who has been here before.
Anyone who has been investing in Biotech very long knows this is a waiting game with no time limit. Occasionally you will see a hint of buying the day before news release but generally your scanner will get it with everyone else. Only way you will be ahead of the game is buy now before it happens.
Otherwise be content with jumping in while everyone else is..
MYDX IS STRONG LIKE BULL!!!
MYDX has a competent CEO with years of experience in this industry. MYDX management team has taken the analyzer from idea to revenue generating products in approximately 3 years time. MYDX has paid off toxic leaders leading the way to institutional leaders if the need arises. MYDX has proven product demand by having products on back order and proven production ability by satisfying this back order in a reasonable time frame. MYDX has provided information as it was available and needed to inform investors of progress. All hallmarks of a strong corporate leadership.
Now with revenue sources intact, they are starting to brand MYDX as the future of PERSONAL VERIFICATION for almost everything we consume or are subject too. This remains the ONLY PRODUCT that can analyze through interchangeable sensors, air, water and organics while creating a personal database for the user. This is MYDX's niche market to the average consumer. In the coming months you will see the marketing and branding process continue which to seasoned investors is all about time. No respectable company became an overnight success nor did they try to be one. Quality takes time and focus. MYDX CEO, its partners and investors know this unequivocally.
MYDX is being built on a strong foundation growing at an attainable rate for longevity in the future. This why MYDX has such a large long presence including founders, business partners, family, friends and seasoned investors. True longs are not looking for the next PR, news snippet or 2nd quarter 2017 financials to magically elevate MYDX to Apple or Microsoft status. Longs know the time to buy is now when you can invest small sums and reap huge rewards in 2018 or 2019.
Ask yourself what makes more sense; MYDX is over 3 years in the making, with R&D, patent licensing, obtaining patents, securing producing, producing a first product, beta testing, refining first product, app development, database development, first product launch, app launch, marketing, debt reduction, more R&D, more products, more marketing, all in the effort to defraud founders, investors, business partners and family. Or MYDX is building a company that can make a difference in the world and will be sustainable long into the foreseeable future. OTC is full of scams, anyone with a novel level of common sense knows MYDX is not one of them.
MYDX longs know what it is like to stand with your CEO, watch him burn his ship and do the same in solidarity. Not in blind faith but through extensive investigation that led to seeing the same vision of MYDX's future.