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MYDX IS A SOLID INVESTMENT FOR LONGS.
This has been proven time and again with the numerous links by qualified business people, executives and experienced investors. The attempt to manipulate MYDX facts are fruitless on the knowledgeable. Playing the devils advocate or repetitive false information does not work here. Those able to decipher a filing know how easily one can take pieces out to paint different pictures. That is why we are long and have been for quite some time. MYDX is at an apex with multiple products and revenue streams after eliminating toxic debt and dilution. These are unarguable facts for knowledgeable investors and put MYDX on a clear path towards continued success in the very near future.
A toast to all longs success!!! FISH ON!
Dammit! Had standing orders and only got partial fills...
MYDX is not an MJ company period! MYDX can obtain conventional financing with any conventional financiers that accept the application. In business just as in personal there are many financing options depending on the institution. But per 5 independent conventional lenders I asked that I have business dealings with in the past, they all said the same thing. THERE ARE NO FEDERAL RESTRICTIONS ON LENDING TO A COMPANY LIKE MYDX PERIOD.
This is old news to anyone following MYDX. But you are suggesting a company in the US with a vaguely similar name has taken over MYDX Asia? If you Google red rock companies you will come up with many including nature parks in several states.
Nice try but I prefer my DD not to contain kind of sounds like...
MYDX TECHNOLOGY IS GROWING FAST!
MYDX IS THE ONLY COMPANY ADDRESSING EVERYTHING IN ONE HAND HELD PACKAGE.
MYDX was talking about doing everything that is happening today over 3 years ago. From talk to market in 3 years is incredible for the best of companies.
AeroDx will see a entirely new market of investors that would never search a cannabis product. The AeroDx, OrganaDx, AquaDx are the future of MYDX period! This is why the China market is still in play without a doubt. In fact, in almost every country including the US air, water and soil pollution is a major concern and adequate testing facilities are often days away. By simple investigation MYDX has a Chinese subsidiary and points of sale already in place. If the distribution and license agreement is read, it becomes obvious that by terminating the agreement in phase one the only thing off the table is exclusivity. MYDX may still be entitled to payment as well. Simply put the termination released the binding agreement but as with NDT they can choose to still do business together. I expect more details forthcoming in future filings if it is required. One thing is certain, if there was ever a market for the AeroDx China is topping the list...
However, should the Parties determine that the results of the activities of Phase One were not satisfactory to both parties, this Agreement shall terminate pursuant to Section 7.2(b).This Agreement shall not be deemed “material” for the purpose of regulatory reporting and no disclosure of this Agreement shall be made until the completion of Phase One.
EFFECT OF TERMINATION. Upon the effective date of termination or expiration of this Agreement for any reason, the obligations and responsibilities of the Parties one to the other contained herein shall cease; provided, however, that the same shall not release Licensee from payments which may be due to Licensor as a result of prior sales or prior obligations incurred, and these shall be paid as they become due; and, provided, further, however, that all obligations with respect to confidentiality, return of intellectual property and other obligations which by their nature are continuing or which are Agreement shall survive the termination or expiration of this Agreement. Licensee may, at its option, cancel any outstanding order for purchase which has not been shipped by the effective date of termination.
DRYS will again be the perfect storm. I think a massive short squeeze is in the making here. Been in my watch list since I banked huge last year and I am not the only one...
MYDX White paper will not be updated as it is only information on flawed processes in testing of cannabis and a basic description of how the analyzer works. None of this changed with MYDX 2.0. What did change is hardware performance and the ability to use the future sensors in the same analyzer. This information will be detailed in future updates as those sensors are released according to MYDX.
Also due to HIPAA/FERPA regulations MYDX cannot legally name any users of its products without written consent.
https://www.cdxlife.com/wp-content/uploads/MyDx_WhitePaper-1.pdf
http://ir.cdxlife.com/press-releases/detail/57/mydx-releases-mydx-2-0-with-an-array-of-advancements-as
https://www.hhs.gov/hipaa/for-professionals/security/laws-regulations/index.html
http://www.astho.org/programs/preparedness/public-health-emergency-law/public-health-and-schools-toolkit/comparison-of-ferpa-and-hipaa-privacy-rule/
The white paper is sufficient for what it was designed. If reading front to back the white paper is only a basic description of the problems with the present testing, what MYDX created to combat these problems, a layman's term explanation of the technology used, what the analyzer is testing, the applications use as a strain/user profiler and the benefits it can provide. The existing paper touches on the other sensors and the future ability to test everything for the consumer but is primarily focused on CannaDx.
The upgrades clearly were some performance related items but mostly to allow addition of the upcoming sensors AreoDx, OrganDx and AquaDx. The analyzer, with exception of performance upgrades, still functions the same for cannabis in regards to the 2.0 units so until the AreoDx sensor is ready I wouldn't expect much change to anything.
These upgrades will greatly advance existing capabilities, including improvement in the overall performance of the device and for the first time, will allow the first of three anticipated upcoming sensor releases in AeroDx, which will measure key air quality parameters for cannabis and non-cannabis consumers, to be interchanged seamlessly with the CannaDx Sensors.
I didn't see anywhere in the comment Q2 being referenced. His comment is however right on the money. MYDX is preparing itself for much better revenues in the future. I believe too many here are short sighted, living from one PR or filing to the next. You need to treat this stock like a kids growth chart on the wall. Put mark on the wall and come back in 6 months, put another then see what you got. I am speaking to MYDX longs here, all others do not have the patience to gain long term growth.
As I am understanding it, all the specifics will be updated on line shortly. In addition, there will be PR relating to the recent happenings at MYDX as well.
One of the byproducts of lean management & production principles is things get done as they are needed and in that order. Operations are more focused on expenditures and the results they achieve. PR without the product is pointless but leaders are necessary so that is why you will see them. Now that production has completed the first run of MYDX 2.0 you can expect some PR coverage and things such as white paper to receive updates. It worth remembering that many of these functions are done on a contractor basis which allows for negotiation of costs and just in time response. It also means these nonessential tasks will be done on a time line the company deems acceptable financially and otherwise. All the requests will not change a good plan that is being followed by the letter. All the MYDX longs have burned their ships long ago and are trusting the leadership to continue it's forward momentum. It is easy to claim failure with MYDX but hard to prove it.
Occam's interpretation is very plausible indeed. Business in China is much different than the US. In fact in many countries outside of the US you hire a middle man or as my friend put it a "fixer". I have done this to purchase products in Mexico as well as China. It helps insure smooth transactions as well as having eyes on everything. The funny thing here is thanks to MYDX seeing plans through to fruition this is now the "BIG DEAL" we are worried about here.
Laughable for certain!!!!
There are technical people in OTC market???
Well I never say never but have to side with the experienced here. I believe DBMM wants to keep the company functional but from what I have read it will be a long battle. There are other options that would still make shares have value though. I have decided after today I will buy a few hundred thousand just to see how this plays out. My bar tabs are more than that!
LOL. I told him now he knows there are buyers so put it up around. 0015ish. Still cheap.
I think people forget you still own a percentage of this company. So its not over till the fat lady sings. Lots can happen, obviously a lot bad as well as good. Realistically its like buying a scratch ticket its either a winner or a loser but you don't know until its scratched.
He was worried because you can't see anything. I told him try a little at break even so you don't lose and bam. I feel kinda bad because we had the same entry but I sold mine when it shot up. I think it will see .0015 to .002 soon as well.
Can't be much volume but my friend just sold 250000 at break even in 2 minutes. Buyers are somewhere. Fortunately he was only holding a million.
Perfect! Thanks for the update!
Finally a little dip. Had to take it at a .084 average but still money in the bank.
Compared to what? Or is this just an opinion? Because the facts are your statement is false.
Well said.
The investors are already here. MYDX is not your traditional OTC company so you will not see traditional results from it. OTC investors flock to PR, news, suggestions, momentum but not to facts very often because to many game players here. If you need money next week you are in the wrong stock. If you need it this year you have made the right choice.
All MYDX longs will be happy with happenings in the coming months. Filings and PR around these are necessary events. The associations forged over the last year have aided in the changes we see here in todays MYDX. The shedding of debt, unproductive ventures and unnecessary personnel. Consolidation of effort on a single business model, using JIT production and other lean methods are all recent changes you can see the positive effects of. This was not arbitrary, it was a requirement of the new business associations before any partnering could occur. The last 3 years have been leading to these next momentous moves we are going to witness in MYDX. The finalization of the coming agreements will swing the doors wide open to the future. This is literally the calm before the storm!
The first money in a deal is always the best money and they are the first. Sometimes first last and in between...
Exactly. There are grudge holders for sure but there are a lot who banked here and still have it on a watch list to do the same.
How is a little over a million in volume "unloading"? Looks more like loading while it is cheap to me....
People that gamble with the wife's purse money keep tight stops...
MYDX Q1 is exactly what investors that know this company expected to see. It is exactly what the PR represented it to be. It is validation that MYDX is committed in setting goals and seeing them to fruition. All the cries of bankruptcy and fraud fall on deaf ears of the knowledgeable. What fool pays off debt then files bankruptcy? What unknowing individuals believes they cannot now obtain traditional financing? True investors here know he will use financing only if needed but not until then. Those that do not understand how to interpret filings will pull out individual figures as if they mean something singled out. Knowledgeable investors know filings are to be read as a whole not take out the numbers you want. A filing has historical information as well as the quarter it is reporting. True investors are concerned with the most recent quarter as validation that company direction is forward, which it is. Mr. Yazbeck has done exactly what is needed to move MYDX in this direction. As you can see he has streamlined the operations and is using contract labor as it is needed. I see lean management and manufacturing principles being applied here. This is what you learn in large corporations to cut costs and increase productivity at the same time. Mr. Yazbeck knows, as does the many partnerships he is creating that all these steps catch the eye of institutional investors and possibly acquisition interest. One thing anyone making a honest unbiased examination here can see is this company is doing everything possible to claw it's way to the top which makes it impossible to assume MYDX is considering failure an option. MYDX, it's partnerships and investors are all in here, WE HAVE ALL BURNED OUR SHIPS AND RETREAT IS NOT AN OPTION!
MYDX does what everyone appears to be asking, release more PR. This points out the highlights of the 1Q (which obviously they can see before anyone) and we have an endless discussion about the same ridiculous topics. MYDX continues to achieve the goals they set and better the financial outlook. Investors that matter will take notice. If you have questions about MYDX legitimacy just do some simple DD. You will find you are in the right stock, just on the wrong board...
Time to sip some whiskey, smoke a Cuban and bring in this monster!!
Gotta love L2 games.
Hahaha. I don't predict SP I react to it. I believe the interest has dwindled enough there won't be drastic moves and most that were caught that wanted out have done so. This board is for crying at the moment. We'll see I guess but I certainly haven't made the money I have on DRYS or any other stock for that matter by dreaming. Maybe thats why so many are choking on a loss here. Wish in one hand, crap in the other and see which fills first type of a thing...
No I am counting on it... Volume is to low for dumping and leaving to much on the table. Individuals with this wealth don't have to do anything. It is already making them money but greed tells me they want more. At this point my money is on they let it ride till next quarter at least. Show how all this "sacrifice" is paying off, etc. Or it is acquisition time...
People forget how short the markets memory is... A lot of people banked on this stock as well, myself included. I am just waiting for the right time to get back in. All of the games here actually made DRYS look fairly good on paper now. Institutional investors are just waiting for a follow through. Soon all will be forgotten by most, many of the haters will be looking to take a stab at getting their loses back. Traders hold grudges about as long as it takes to see a profit opportunity. This stock will have its day again.
Nobody has the information MYDX has about the individual profiles unless they want to purchase it. That was the purpose of the applications. There are huge databases with strain lab information for anyone to have, the value is the individual results of that strain spread over a number of users. This has been being recorded since 2015. You don't need anything but to download the app if you doubt this. Go to guest sign in and then hit my data and it will populate all the entries. Now by combining forces with other companies and adding new means of acquiring data like MYDX is doing the proprietary datadase will grow exponentially. If you don't think companies like Pfizer do not aquire technology and information verses doing it all from scratch you are sadly mistaken. This the preferred method for large corporations because of cost and time. Don't believe me? Look at Google, they are the information authority and look at their acquisition list. They even made attempts to get into the health care market and that was done through acquisition. As cannabis progresses there will be many large corporations looking to enter quickly using the years of accumulated information of other companies. But MYDX has a decided advantage as cannabis is the smallest market for this analyzer that can sample air, water and organic compounds as well. This also opens it up to lucrative sublicense agreements for whatever portion of MYDX products a company may desire.
https://en.m.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Alphabet
https://en.m.wikipedia.org/wiki/Pfizer
https://en.m.wikipedia.org/wiki/List_of_largest_pharmaceutical_mergers_and_acquisitions
https://en.m.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Amazon.com
The only red flag is anyone guessing FDA decisions. First they have protocol yes but it is part of the RMAT program to be flexible and examine on a case by case basis. That means if they want more info you give them more, if not you don't. But the fact is the FDA is not an investor news outlet. They communicate with the company and it is the company that will pass happenings along for PR junkies.
MYDX HAS ADDRESSED YOUR CONCERNS! If you wish to say they are lying then do so, don't use question marks. I have attached the information you are questioning and the links to order one as well if you would like to actually find out the truth...
Today MYDX announces a suite of upgrades to its MyDx 1.0 chemical analyzer hardware and software. These upgrades will greatly advance existing capabilities, including improvement in the overall performance of the device and for the first time, will allow the first of three anticipated upcoming sensor releases in AeroDx, which will measure key air quality parameters for cannabis and non-cannabis consumers, to be interchanged seamlessly with the CannaDx Sensors.
New MyDx 2.0 handheld devices will be retrofitted with new hardware and firmware upgrades to allow for new sensors to be interchanged seamlessly with the CannaDx Sensor. Existing customers under the MyDx Care plan can send their units into MyDx to be upgraded free of charge. The interchangeability of the MyDx upcoming sensors in the device provides a level of testing versatility.
Associated Mobile App 4.0
There is no halt nor will there be one here. A couple sub-penny stocks got suspended today is where this hype is coming from. Trying to scare fools money.
OTC is nothing short of Vegas with slightly better odds. If you want make money you better be willing to risk it.
It depends on what really is happening. I have had several instances where I was advised by legal counsel not to divulge information or have them review it before hand. That all takes time. Honestly as I said, have seen this before and many times your assessment is correct but there are anomalies here that could be nothing or something. Regardless your going to be hanging around to find out soon enough whether you like it or not. So grab a whiskey, light a cigar and relax. Worries ain't going to speed anything up. You haven't lost yet.
This is not uncommon here for the experienced trader. These companies are "creative" in their financials for many reasons. Had DBMM not shown key indicators of abnormal happenings such as the unorthodox PR, drop in SP, large buying and rebound of an otherwis
e traditional OTC stock it would have never caught my attention. I won't pretend to know exactly what is going on but I do know this jockeying is not arbitrary. I have seen company's set up like this, tied to multiple entities and there is obvious risk involved because the purpose is to shield the others from risk. That being said I have not seen the actions that have taken place here come into play when the shell is to be shed off. Most interestingly being yesterday's upward move. OTC is like a sieve so this action would have been known and if it was viewed as having an eventual adverse effect a sell off would have occurred to some degree. I believe DBMM will produce filings and a settlement at the end of the halt that will sling shot the stock upward. Anyone know what 475mil @ .0009 average is? How about 475mil @ .004? I don't believe in coincidences like this. Obviously IMO.
Well put.