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It needs the "ridiculous scientific stuff", reading THC and CBD in addition to everything else is imperative, and what will have every grower and dispenser buying one to test their own batches instead of sending them off to labs.
Is it Monday yet??? I think 100%+ gains are very possible tomorrow...now that dilution is over there will be a LOT of people getting back in. The possible remaining $46k debt is no big deal either way, whether the judge rules in their favor or not. A solid PR will easily have us back over .01 by end of week. We should see PR's coming out much more often now and earnings coming very soon. If they turned cash flow positive last quarter as expected we should be good for .05+ within a month. All other MJ plays already ran their course after all the pump PR's leading up to the elections...MYDX was the only one not pumping their stock and now it's time to fly. Turning profitable this quarter combined with the MyDx2 release soon should run us to a quarter this summer. GLTA $$$$$$$
R/S "option" was only to get the toxic lenders to dump all their shares to end dilution as fast as possible. The ratios they chose as options are unrealistic and will not happen. 250:1 is the lowest ratio, and that would leave only 4 million OS which is absurd. The only time a R/S will ever happen would be to uplist to Nasdaq when all other ducks are in line, which would be a great thing and raise PPS. MYDX is probably the ONLY MJ stock that has a chance to uplist being that they do not grow, sell, or touch the plant in any way whatsoever. Also, the data they are collecting is one of a kind and extremely valuable and makes them a prime target for acquisition by a big pharmaceutical company which would also send PPS soaring. Don't forget the CEO worked for PFIZER and has connections in the sector. Short term .10-.25+ is not only possible but very likely, and it's only a matter of time before MYDX is trading for DOLLARS on Nasdaq.
Get ready for the bashers to come back full force to try to knock it back down
MYDX is the only company that wasn't over inflating their value with fluff PR's leading up to the elections...and now it's our time to fly. Earnings will be huge...cash flow positive will put us over a nickel and if we turn profitable this quarter we could see .20+. Congrats to the longs who didn't buy into the bashers BS. Millionaires by summer $$$$$$$
PR's are going to be flying out now. This will climb back to .05+ just as quickly as it fell
The emails have nothing to do with it. Conversions are over! No more dilution.
Now the PR's are gonna come rolling out. Back to pennies next week!
Buy NOW. Last chance. This is gonna fly monday
What does the 8k mean?
Seems like every time 18's are getting thin CDEL drops another 1mil order on the ask
Wrong. AeroDx was put on the back burner because sales from all other products are strong enough without it, and all R&D efforts were concentrated on the MyDx2 and the other new sensor. Company never stated they don't have enough funds...revenues are increasing, costs are decreasing, and the company is in the best shape it's ever been in.
It appears as though they have a new IR firm...so hopefully we'll start getting PR's on a more regular basis again. All it would take is 1 month of weekly PR's and we'd be back at .05+. I have a very strong feeling the PR train is loading up now and will be leaving the station soon.
If you look at the post that that was a response to, you'll see what it was about. Consumers know a new version is coming, yet sales are still continuing to grow. Not everyone will hold out for the MyDx2, they'll keep buying the original if that's all they need and don't care to test food or water. No use for any of that if all you need to do is test cannabis.
If that were the case nobody would be driving base model 4cyl cars when 6cyl and 8cyl models are available...or buying 2bd condos when they could buy a 4bd house...etc. there are plenty of people who either can't afford the more expensive model or don't want to pay extra for something that does more than they want or need. When MyDx2 is released, it will probably drop the price of the original a little to give more incentive. Just like car dealerships roll back prices on cars when the new models come in, and they still get sold.
Not true at all. Many consumers won't care about the MyDx2 as they'll only be concerned with testing cannabis and nothing else. People aren't going to pay more for something they don't need.
CEO put his money where his mouth is when he took shares instead of cash for pay. Why would he take shares unless he knew good news was coming and PPS was going to rise and that there would be no R/S? Why would he shoot himself in the foot by taking shares if he knew an R/S was actually going to happen and that he would just lose them all?
90 days, end of this month.
Lots of people are accumulating. Going to get pushed back up before long.
My thoughts are that they are waiting to release a heavy string of PR's that will carry this back up to .05+ in no time. Nick told me they had seen a huge uptick in international sales, especially to Canada and South America, and that national sales have been steady with orders coming in daily for all products. Also, every MyDx sold is recurring income for as long as it's being used. Replacement CannaDx sensors and sample inserts could be bringing in $1mil in revenue based on current units sold, and that will increase every day as more units are sold. While some of the early reviews were not the best, all of the reviews I've seen lately were great and the MyDx was consistent and very close to lab results. They've really dialed in the sensors, and the new sensor in development is even more accurate.
Yeah, IR really dropped the ball by not putting out a PR this morning about the expo. Hopefully we'll get one tomorrow morning with the highlights from his session. Hopefully now that they have an IR firm that seems like they know what they're doing, we'll start getting more regular updates. Getting the PR machine started will have us back to pennies in no time.
Being that it was an expo and not an investor conference or anything like that, I doubt he talked about earnings or sales or anything else beyond the technology and what they're trying to do. I think the best luck we'll get is if he talked about the MyDx2 or the new CannaDx sensor at all.
Already brought it to Dan and Nick's attention. Would be great publicity if they decide to mail more test kits out like they did to Florida...and lots of growers in Norcal
http://www.nbcbayarea.com/investigations/A-Tragedy-Hundreds-of-Thousands-of-California-Residents-Exposed-to-Contaminated-Water-415136393.html
More contaminated water, California this time. Excellent opportunity for MYDX to send out more test strips, and get their name out to all the cannabis growers in NorCal for cannadx sales
Lots of interest again after they finally put out another PR. MYDX is back on the radar now and the next PR should cause some big gains with more people watching.
MYDX ranked #1 by CannaInvestor in top 25 stock picks
News tomorrow or Thursday about the expo will likely put us over .002 by end of the week.
http://www.calcanbizexpo.com/session/finding-the-right-strain-for-your-ailment-or-right-feeling/
Yazbeck will be speaking at noon tomorrow
I have been in contact with both of them recently. Both have been very busy lately. Daniel has been working on earnings with auditors and getting ready for conferences and Nick has been slammed with sales. More good news coming soon.
Don't forget every unit sold has recurring income. CannaDx sensor has to be replaced every 6 months @ $70ea. $1,000,000 in MyDx sales through Jan 2017 = 1400+ units sold and $200,000 worth of replacment sensors bought as well, which will grow every year with more units being sold. Sample inserts are single use as well, and will also have a snowball effect on recurring income.
100+ units sold so far this year.
Which is exactly what will happen. The R/S was nothing more than a tactic to scare the toxic lenders into dumping their shares to get dilution over with as fast as possible. There will be no R/S unless it's to uplist to nasdaq, which would be a good thing and send PPS flying.
Next PR will run us to .005+. MYDX is back on everyone's radar after the news last week, and every PR here on out will push it higher. Lots of big news coming soon: earnings, MyDX2, new CannaDx sensor with more capability and better accuracy. Back to pennies in no time.
No insiders have sold shares in 2 years, and Yazbeck wouldn't have taken 30mil shares instead of pay just to reverse split and lose them all.
Second push coming soon, .40+ close today
Conference call is Tuesday at 4:30 eastern time, so I'm going to guess that earnings will be posted at 4pm Tuesday at the close. Maybe before the market opens tuesday, but I doubt it. We should see nice gains Monday in anticipation of the record quarter.
"Stay tuned" = good news coming from MYDX. Bad news wouldn't come with a warning. Back to pennies soon
They were waiting until dilution was over to release any PR's. The RS trick worked and got all the toxic lenders to dump their shares, and the PR shows dilution is over without them needing to state it. Today's PR was just to get interest back into the stock, which worked considering volume was almost twice the average. Now that the interest is back and more people are watching, they will start dropping the big PR's to send this flying:
1. Earnings
2. Cash flow positive
3. Profitable
4. Dilution over
5. Reduced costs
6. Increased revenue
7. MyDx2 release
8. New sensor release
9. Cancel reverse split
10. Share buyback and/or retiring shares to vault
That's just one video. Company confirmed international sales are doing very well, especially sales to Canada and South America.
BMAK and VNDM were doing the dilution dumping. They've been off the ask for weeks, and the fact that they didn't jump back on with the 30% increase today is even more evidence that dilution is over