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Current CEO could buy 2 X tradable FLOAT and would have completely restored shareholders value WITHOUT any R/S.
Could have restored 100% shareholders value of FOUNDERS of the company who bought at $2. Without ANY reverse split needed AT ALL.
Instead, HE diverted ONE MILLION DOLLARS ($1,000,000.00) into a BLACK HOLE in China!
Will he pay for this error of judgment?
What are your thoughts about this?
"Board may decide NOT to proceed with Reverse Split for various reasons including general stock market/business conditions..."
http://ih.advfn.com/p.php?pid=nmona&article=73517373&symbol=MYDX
Do you REVERSE SPLIT on those who FOUNDED the company and bought shares at $2?
What are your thoughts about this?
MyDx named New CEO in 2015, in 2017 is possible too, correct?
It's time RIGHT NOW to do this again... NOW. It's urgent, current CEO reached his Peter Principle and has Founder's Syndrome. Two very dangerous things for a publicly owned company.
Too many beginners mistake made by current MyDx CEO (I listed at least 20 in my previous posts)
Current CEO reached his Peter Principle. If we wait any longer he will BK the company.
Please redo this in 2017:
SAN DIEGO, CA--(Marketwired - July 16, 2015) - MyDx, Inc. (OTCQB: MYDX), creator of MyDx™ (My Diagnostic), the first battery operated, handheld, chemical analyzer for consumers, has appointed Tom Gruber as the new Chief Executive Officer effective July 10, 2015.
Tom is currently the company's Chief Financial Officer and Chief Operating Officer and will continue to serve on MyDx's board of directors as board secretary. Gruber brings more than 20 years of financial and senior executive management experience, having served as CFO of Western Digital, as well as President and CFO of nStor Technologies, Inc.
"The vision of enabling consumers with the ability to measure and analyze chemicals of interest in their own homes for the first time in history was very compelling to me," said Gruber. "I am excited to move MyDx forward as the leader in consumer sensing technologies enabling anyone to understand more about what they eat, drink and inhale."
Tom succeeds Daniel Yazbeck, who founded MyDx in 2013 and seeded the initial capital and resources to drive the company's vision from concept to implementation. Mr. Yazbeck will continue to serve as the Chairman of the Board of Directors and has been appointed as Chief Innovation Officer to help advance the company's new applications and next-generation technologies...
What are your thoughts about this?
I'm not bashing the stock, I'm bashing improper actions taken by the company, so that the company WAKES UP and rapidly fix the current CEO mistakes before it's too late, so that the company, the products, and inevitably at some point the stock improves.
It's called free speech, and United Statians think it's an important thing. (United Statians are only a very small fraction of Americans. Canadians are Americans, Mexicans are Americans, Brazilians are Americans, etc.)
What are your thoughts about this?
Current MyDx CEO consider shareholders stupid? Letter proves he is not capable of being a competent and honest CEO?
Then why does he stay in CEO position?
Per shareholder letter, the "AquaDx Digital Analyzer upgrade kit" consist of:
1) One (1) Stooler™; (there's NOTHING digital in a PVC plastic rack)
2) Ten (10) enzyme-based single-use AquaDx testers (there's NOTHING digital in the products made by ANP Technologies)
There's NOTHING digital in that kit and NOTHING that upgrades in ANY way the digital analyzer.
What do we do now that it has been proven by this exact letter that MyDx is stuck with a current CEO that has Founder's syndrome, and a bad case of a current CEO who has reached his Peter Principle (i.e. he may have been competent as a scientist at Pfizer, and may have been competent as a marketing guy at Panasonic, but reached his incompetence level when previous competence in different positions was assumed as applicable for CEO position).
What are your thoughts about this?
What compound are you referring to? 2ppm SMELL presence is what MyDx electronic sensor (i.e. NASA technology) is documented capable of (per NASA and MyDx web sites).
I'm not referring to the enzyme-based/single-use sensors made by ANP Technologies at any point in my previous post. Only referring to the electronic sensor working with electronic nose technology.
Is 2ppm a detection of presence of a compound at a meaningful, useful level per your opinion?
What are your thoughts about this?
MyDx-2 should report PRESENCE of EVERYTHING with smell, based on the interchangeable sensor you put in the handheld device.
It should NOT be a LEVEL of presence measuring device, and so, it should NOT show any LEVEL of presence to the customer in the form of NUMBERS.
In other words: I don't need to know the level of Lung Cancer in my breath. What I need to know is: Is there PRESENCE of Lung Cancer in my breath YES or NO.
Same for food: I don't need to know the level of carcinogenic pesticide Diazinon on my organic banana. What I need to know is: Is there PRESENCE of carcinogenic pesticide Diazinon on my organic banana YES or NO. And then I can take a decision if I trust that this banana is truly organic or not.
And it should have an HEATING ELEMENT for those interchangeable sensors that need some heating to extract more smell.
In other words: If you have the CannaDx sensor installed, the heating element is disabled. If you have the AquaDx (liquid) or OrganaDx (solid) sensors installed (not the single-use enzyme ones, I mean the real supposedly existing AquaDx and OrganaDx electronic sensors), then the heating element is enabled. And if the customer puts the OrganaDx (solid) sensor in place, and puts a piece of cannabis instead of a piece of banana in the sample chamber, then we are compliant with the Law because the analysis won't report on Cannabis related elements, THC, CBD, terpenes, etc. because the OrganaDx sensor would not have the corresponding insulated nano sensors in its physical interchangeable sensor (it will report on pesticides only for the solid sample put in the chamber).
And to report the LEVEL of presence, it should do it using COLOR GRADATION levels, or GRAPHIC, it should not report precise numbers as if it was pretending to be a LAB/measuring device.
In other words: customer may want to ask the MyDx device: "Is this cannabis sample 'smelling' like Girl Scout Cookies strain YES or NO?", and then, based on the smell profile the MyDx would only respond YES or NO (+ maybe some matched strains), but it would not report numbers, it would just show COLOR GRADATION or GRAPHIC of the Total Profile, and maybe put it side by side "Sample Chamber" vs. "Girl Scout Cookies"
What are your thougts about this?
R&D team for MyDx2 should REMOVE extrapolations and review each sensor goals, report only the smells.
Cannabis: Goal is to help customer identify strain that will give researched feelings
(goal is NOT to measure THC and CBD levels)
Liquid: Goal is to help customer determine if specific smells (chemicals) are present or not in the liquid sample, at which level, as a first line analysis to determine if further testing would be needed. And show/compare with Total Presence Profiles of chemicals in known liquids (Evian water, Fiji, AquaFina, New York water, Los Angeles Water, Chicago water, etc...) (from database)
(goal is NOT determine if liquid is PASS or FAIL safe for drinking).
Solid: Goal is to help customer determine if specific smells (chemicals) are present or not on the surface of the solid sample, at which level, as an indicator of presence. If, for example, pesticide is detected as being present, customer could take decision to consume or not.
(goal is NOT determine if food or cannabis is PASS or FAIL safe for consumption).
Air: Goal is to alert customer if specific smells (chemicals) are present in customer's house, as an indicator for action (either start air exchanger, or air purifier, to improve air quality in the house)
Cannabis testing:
The MyDx “tricorder” (CannaDx analyzer) DOESN'T need to report THC and CBD. It only need to help the consumer identify and find products.
For example, if I go buy some wine, would I need to test the alchool level in the product? NO. Measuring the alcool level is the responsibility of the wine maker, and it's already reported on the wine bottle. Just like with Cannabis, the growers are required to indicate THC and CBD levels, with true lab quality measures. The growers would never use a MyDx “tricorder” to measure and report THC and CBD levels on their product labels. And the customer doesn't need to measure THC and CBD with their “tricorder” because the official levels are already reported on the product labels.
But, as a customer, when I go buy wine, the product label doesn't really tell me if the product has smells/taste of oak, wildberries, apple, butter, etc. And the level of each one. But it is specifically that I'm looking for: specific tastes/smells levels in wine. Just like with Cannabis, I'm looking for a feeling that specific strains with specific levels of Terpenes (smells) could normally give me.
The current MAJOR problem with MyDx “tricorder” (CannaDx analyzer) is that it extrapolates many results from a database for those things like the cannabinoids, that don't have a smell. Remember, it's an electronic nose.
So what happens when a product pretends doing things it doesn't really do? Inevitably the NEGATIVE customers reviews start accumulating day after day after day BECAUSE of that MAJOR problem.
Just listen to this to have proof:
Per MyDx 2017 letter: shareholders are stupid
Per shareholder letter, the "AquaDx Digital Analyzer upgrade kit" consist of:
1) One (1) Stooler™;
2) Ten (10) enzyme single-use AquaDx testers (product made by ANP Technologies)
There's NOTHING digital in a plastic rack and enzyme-based testers, and NOTHING that upgrades the digital analyzer in this kit.
MyDx is really stuck with a CEO that has Founder's syndrome, and a bad case of a CEO who has reached his Peter Principle (i.e. he may have been competent as a scientist at Pfizer, and may have been competent as a marketing guy at Panasonic, but reached incompetence level when previous competence were assumed as applicable for CEO position/promotion).
What are your thoughts about this?
WHERE is this product with inlets A and B?
I bought shares after seeing THIS product with the MULTI-sensor electronic analyzer that has INTERCHANGEABLE BLACK PLASTIC INLETS to put the 6 drops of water in the two wells for the water tests.
http://d39fcn8tq5qc3k.cloudfront.net/a891e425-19f0-4d96-9936-df28130f0c76.jpeg
What are your thoughts about this?
Does current MyDx CEO think shareholders are stupid?
Per shareholder letter, the "AquaDx Digital Analyzer upgrade kit" consist of: the Stooler™, and 10 enzyme-based single-use AquaDx testers.
There's NOTHING digital and NOTHING that upgrades the digital analyzer in this kit.
What are your thoughts about this?
MyDx recommend that investors seek advice of FINRA registered representative before making an investment in MyDx stock during these volatile times.
What are your thoughts about this?
Did current CEO get PURCHASE ORDER of PRODUCT today?
If no, what is he waiting for?
Is he simply a CEO who is incapable of closing sales of PRODUCT, and only capable of closing sales of SHARES?
What are your thoughts about this?
Current CEO did China loss of $1M that would have bought 2 X WHOLE tradable float and would have completely restored shareholders value WITHOUT any R/S?
What a great business acumen by current CEO.
Could have bought back the WHOLE MyDx TRADABLE FLOAT two (2) times with the money HE instead diverted into a BLACK HOLE in China!
Could have restored 100% shareholders value of FOUNDERS of the company who bought at $2. Without ANY reverse split needed AT ALL.
Will he pay for this error of judgment?
What are your thoughts about this?
Any PURCHASE ORDER of PRODUCT closed by current CEO today?
What are your thoughts about this?
Darth, BUY BACK details, read: "... In fact, we believe the stock is so undervalued here that we are currently contemplating utilizing our excess cash flow to launch our first ever stock BUYBACK PROGRAM..."
Source: D. Y.
http://ir.cdxlife.com/press-releases/detail/33/mydx-provides-positive-mid-year-update-as-part-of-special
What are your thoughts about this?
Did current CEO close any PURCHASE ORDER of PRODUCT yesterday?
What are your thoughts about this?
Darth, they CAN BUY BACK, read: "... In fact, we believe the stock is so undervalued here that we are currently contemplating utilizing our excess cash flow to launch our first ever stock BUYBACK PROGRAM..."
Source: D. Y.
http://ir.cdxlife.com/press-releases/detail/33/mydx-provides-positive-mid-year-update-as-part-of-special
What are your thoughts about this?
Current CEO WILL pay for China diverted $1M that would have bought 2 X WHOLE float and would have completely restored shareholders value WITHOUT any R/S?
What a great business acumen by current CEO.
Could have bought back the WHOLE MyDx TRADABLE FLOAT two (2) times with the money HE instead diverted into a BLACK HOLE in China!
Could have restored 100% shareholders value of FOUNDERS of the company who bought at $2. Without ANY reverse split needed AT ALL.
Will he pay for this error of judgment?
What are your thoughts about this?
MyDx has Founder's syndrome?
Founder's syndrome (also founderitis) is a popular term for a difficulty faced by organizations where one or more founders maintain disproportionate power and influence following the effective initial establishment of the project, leading to a wide range of problems for both the organization and those involved in it. The passion and charisma of the founder or founders, which was such an important reason for the successful establishment of the organization, becomes a limiting and destructive force, rather than the creative and productive one it was in the early stages. It occurs in both non-profit and for-profit organizations. It may simply limit the further growth and success of the project, may lead to bitter factionalism and divisions as the scale of demands made on the organization increases, or may result in failure. There are recognised and proven ways in which a founder or organization can respond and grow beyond this situation.
---------------------------
Responses
Coping with founder's syndrome requires discussion of the problem, a plan of action, and interventions by the founder, the board and or by others involved in the organization. The objective of the plan should be to allow the organization to make a successful transition to a mature organizational model without damage to either the organization itself or the individuals concerned.
What are your thoughts about this?
Did current CEO close ANY purchase order of PRODUCT yesterday?
What are your thoughts about this?
To Walmart or Costco?
What are your thoughts about this?
Did current CEO close any PURCHASE ORDER of PRODUCT yesterday?
What are your thoughts about this?
"MyDx Names ___ as New CEO..."
It's time to do this again now.
Too many beginners mistake made by current MyDx CEO.
Current CEO reached is Peter Principle. If we wait any longer he will BK the company.
Please redo this in 2017:
SAN DIEGO, CA--(Marketwired - July 16, 2015) - MyDx, Inc. (OTCQB: MYDX), creator of MyDx™ (My Diagnostic), the first battery operated, handheld, chemical analyzer for consumers, has appointed Tom Gruber as the new Chief Executive Officer effective July 10, 2015.
Tom is currently the company's Chief Financial Officer and Chief Operating Officer and will continue to serve on MyDx's board of directors as board secretary. Gruber brings more than 20 years of financial and senior executive management experience, having served as CFO of Western Digital, as well as President and CFO of nStor Technologies, Inc.
"The vision of enabling consumers with the ability to measure and analyze chemicals of interest in their own homes for the first time in history was very compelling to me," said Gruber. "I am excited to move MyDx forward as the leader in consumer sensing technologies enabling anyone to understand more about what they eat, drink and inhale."
Tom succeeds Daniel Yazbeck, who founded MyDx in 2013 and seeded the initial capital and resources to drive the company's vision from concept to implementation. Mr. Yazbeck will continue to serve as the Chairman of the Board of Directors and has been appointed as Chief Innovation Officer to help advance the company's new applications and next-generation technologies...
What are your thoughts about this?
WHERE is this product with inlets A and B?
http://d39fcn8tq5qc3k.cloudfront.net/a891e425-19f0-4d96-9936-df28130f0c76.jpeg
What are your thoughts about this?
Do this again: "MyDx Names ___ as New CEO..."
It's time! Too many beginners mistake made by current MyDx CEO. He reached is Peter Principle. If we wait any longer he will bankrupt the company.
Please redo this in 2017:
SAN DIEGO, CA--(Marketwired - July 16, 2015) - MyDx, Inc. (OTCQB: MYDX), creator of MyDx™ (My Diagnostic), the first battery operated, handheld, chemical analyzer for consumers, has appointed Tom Gruber as the new Chief Executive Officer effective July 10, 2015.
Tom is currently the company's Chief Financial Officer and Chief Operating Officer and will continue to serve on MyDx's board of directors as board secretary. Gruber brings more than 20 years of financial and senior executive management experience, having served as CFO of Western Digital, as well as President and CFO of nStor Technologies, Inc.
"The vision of enabling consumers with the ability to measure and analyze chemicals of interest in their own homes for the first time in history was very compelling to me," said Gruber. "I am excited to move MyDx forward as the leader in consumer sensing technologies enabling anyone to understand more about what they eat, drink and inhale."
Tom succeeds Daniel Yazbeck, who founded MyDx in 2013 and seeded the initial capital and resources to drive the company's vision from concept to implementation. Mr. Yazbeck will continue to serve as the Chairman of the Board of Directors and has been appointed as Chief Innovation Officer to help advance the company's new applications and next-generation technologies...
What are your thoughts about this?
Is Confidence Analytics lab a public company? There's a MyDx employee working there too. Why, and how?
What are your thoughts about this?
A reverse split helps shares flowing out the door?
What are your thoughts about this?
Contemplating BREAKING LAW and DECLARING IT publicly, in a PR paid using company funds would confirm current MyDx CEO reached his level of incompetency (Peter Principle)
"... we are currently contemplating utilizing our excess cash flow to launch our first ever stock buyback program..."
What are your thoughts about this?
malc, they CAN buy back, read: "... we are currently contemplating utilizing our excess cash flow to launch our first ever stock buyback program..."
http://ir.cdxlife.com/press-releases/detail/33/mydx-provides-positive-mid-year-update-as-part-of-special
What are your thoughts about this?
Can useless DAVID BORTOLIN and JOTTI DHILLON do sales of PRODUCTS instead of non-managing non-revenue and non-running non-operations and cashing their FAT SALARIES for providing nothing in return other than TOXIC DEBT SPIRAL and MORE TRAVEL EXPENSES in useless conferences?
What are your thoughts about this?
Current CEO ordered the Stooler™, a TOILET-like rack!
How can you replace the MyDx 2 with integrated touch screen by a TOILET-LIKE rack, and name it with the word "stool"?
What a great concept and ULTIMATE PROOF that MyDx is now deep down stuck into a bad case of Founder's Syndrome of inability to show business acumen in either SALES or PRODUCT DESIGN.
How many PURCHASE ORDERS of this PRODUCT did current CEO close?
What are your thoughts about this?
Current CEO WILL pay for China $1M that would have bought 2 X WHOLE float and would have completely restored shareholders value WITHOUT destructive REVERSE SPLIT?
What a great business acumen by current CEO.
Could have bought back the WHOLE MyDx TRADABLE FLOAT two (2) times with the money HE instead diverted into a BLACK HOLE in China!
Could have restored 100% shareholders value of FOUNDERS of the company who bought at $2. Without ANY destructive reverse split needed AT ALL.
Will he pay for this error of judgment?
What are your thoughts about this?
MyDx has Founder's syndrome?
Founder's syndrome (also founderitis) is a popular term for a difficulty faced by organizations where one or more founders maintain disproportionate power and influence following the effective initial establishment of the project, leading to a wide range of problems for both the organization and those involved in it. The passion and charisma of the founder or founders, which was such an important reason for the successful establishment of the organization, becomes a limiting and destructive force, rather than the creative and productive one it was in the early stages. It occurs in both non-profit and for-profit organizations. It may simply limit the further growth and success of the project, may lead to bitter factionalism and divisions as the scale of demands made on the organization increases, or may result in failure. There are recognised and proven ways in which a founder or organization can respond and grow beyond this situation.
---------------------------
Responses
Coping with founder's syndrome requires discussion of the problem, a plan of action, and interventions by the founder, the board and or by others involved in the organization. The objective of the plan should be to allow the organization to make a successful transition to a mature organizational model without damage to either the organization itself or the individuals concerned.
What are your thoughts about this?
Costco wants ANP Technologies water/food tester
YES or NO?
Did current MyDx CEO get a PURCHASE ORDER from Costco or he just bought the 10,000 testers from ANP Technologies without having any client behind the purchase? (would show a total lack of business acumen if he would have built an inventory of product from ANP who can already keep the inventory for MyDx, correct?)
What are your thoughts about this?
Did current MyDx CEO reach Peter Principle?
I mean, maybe he was good scientist for Pfizer, or a good creator for Panasonic, but has he been ABLE to close ONE (1) PURCHASE ORDER of PRODUCT for MyDx?
"The Peter Principle is an observation that the tendency in most organizational hierarchies, such as that of a corporation, is for every employee to rise in the hierarchy through promotion until they reach the levels of their respective incompetence."
What are your thoughts about this?
Did I buy SHARES on FRAUDULENT FALSE REPRESENTATIONS by MyDx?
I bought shares after seeing those products:
1) The multi-sensor electronic analyzer that has INTERCHANGEABLE BLACK PLASTIC INLETS to put the 6 drops of water in the two wells for the water tests.
2) The electronic analyzer that has an INTEGRATED TOUCH SCREEN, so that you don't need to own an EXPENSIVE smart phone to do you tests.
Both products REPRESENTED on MyDx WEB SITES but that DISAPEARED WITHOUT NOTICE and/or NEVER EXISTED to be bought (i.e. have been FALSELY REPRESENTED on web sites).
What are your thoughts about this?
Did current MyDx CEO close ANY PURCHASE ORDER of PRODUCT in his CEO career at MyDx?
If no, why is he still in position? If he's a scientist then just go work on developing the products and let a REAL CEO do the CEO work? Isn't that plain and simple common sense?
What are your thoughts about this?