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And don't forget Yazbeck still has his golden parachute that has yet to be paid out (and is making even more money off of it)....
New monthly numbers are out.
The numbers have plateaued.
Average ticket prices up because they jacked up prices.....
Tell me when during the call they say everything is “fully funded” and I’ll listen to it. Neither the PR or the SEDAR MD&A say everything is fully funded.
The company says it has $20M cash on hand as of the end of Q2 2019 (that’s three months ago). $7.1M in operating expenses in Q2 2019 alone and debt of $22M.
That’s not enough to fund current operations, finish the Phase II buildout AND build Santa Ana.
The monthly sales numbers were starting to plateau entering Q3 (Vegas tourist off-season). Sales will likely be relatively flat from Q2 to Q3.
They’re going to have to do a cash raise in order to fully build everything out.
More TRIPS to the MYDX ATM.
Yes, that's a small sampling because there are more....
From a 2015 Cannainsider interview, Yazbeck is quoted as saying....
Re-read the post, it's about the lies told outside of the company about imminent MYDX product releases.
Those are probably the targets of the Roes that Jessica Peatross mentioned in her lawsuit against MYDX.
Indeed. All those bullshit claims of imminent online sales of the MYDX Pen, starting October 17, 2018.
Plus...how many....four or five times now, lies about MYDX and Slimpen have been repeatedly said.
Good thing Peatross is going after the 50 Roes in her case against MYDX. Sounds like some subpoenas could come mighty quick to those who made the repeated, and false, aforementioned claims.
Can’t wait to get Yazbeck under oath in the deposition and on the stand. MYDX Shareholders may actually learn what has really been going on with the company.
That's not what any of the text from the MYDX financials or what the court website says.
No, I mean the case number. What's the case number of this alleged MYDX lawsuit?
Awesome.....what’s the case number?
By their own PR, Phase II was supposed to have been completed yesterday, the end of Q3.
Wouldn't touch these guys right now, as they are going to need cash to pay for the Vegas buildout and more for Santa Ana. They're going to need to raise more cash soon.
The consumption room moratorium will also start hurting in the coming financials, as the monthly sales numbers were already starting to plateau in the summer.
And the Cedar case appears it's being resurrected, according to the court website.
1,775,000 in MYDX volume today so far, all in the sell column.
Is this the "forced selling," or is this the "nice accumulation" that's supposedly going on with MYDX?
MAKE IT MAKE SENSE!!!
OTC Markets website now has a STOP SIGN for MYDX due to its delinquent financial reporting.
Grey sheets probably soon, especially with new SEC rules probably coming down the pike.
So where is the MYDX Pen?
2M sells and 4K buys is to make things interesting? Just over $1,000 in trading doesn't make anything "interesting," it just drives home the point how bad things are at MYDX.
Speaking of Nevada, that's where the MYDX TA office is located....can't wait for the monthly report tomorrow to see how many more MYDX shares diluted in September.
LOL, sure. The company can’t even be bothered to file a 10-Q.
Two and a half years of the pen “coming soon.”
Fifth year of AeroDX, AquaDX and OrganaDX “coming soon.”
And now hundreds of recalls on the company’s only available product....and it not being available for at least another two months.
Where’s the 10-Q? Gonna be time for another 10-Q pretty soon.
Now MYDX is up to what....EIGHT toxic loans in 11 months?
Can’t wait for the monthly TA report on Tuesday to see how many more shares MYDX diluted in September.
More toxic loans for MYDX, but they can't produce a 10-Q.
Tick tock.
Not to mention a publicly-traded company needs to be SEC current for at least 90 days, which MYDX is not.
That KSHB pump article didn’t age well.
This company hit $7.10 earlier this year and it just obliterated the 52-week low.
Three times in less than three years it has done cash raises. This bought-deal financing shit is supposed to be reserved for companies that can’t make any money. KSHB has good revenue, but keeps screwing over shareholders.
This says “buy KSHB?!”