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CEO has not sold a single share in YEARS. And took payment in SHARES instead of cash. Why would someone want shares instead of cash unless they knew for a fact share price was going up? He took shares towards end of Q4 because he knows what revenues look like and that PPS will rise!
Awesome. MCIG has jumped 100%+ on good earnings in the past. A record quarter along with the recently decreased outstanding shares could be huge
When is earnings being released? It was supposed to be last week...I remember seeing a PR that they were pushing back the conference call and earnings due to a "big development" but now I can't find it. Does anyone know when they're being released? I thought it was either today or next Monday.
Another MJ stock recently went from sub penny to over .50 when they posted news of becoming profitable. Another one (with no product and no revenue) ran from under half a cent to .20 recently. 25 cents is not a stretch at all.
Official news of dilution being over, earnings will be released soon, the new MyDx2 is being released this summer, a new sensor is in development and will be released soon, and the company expected to become cash flow positive Q4 2016 and profitable Q1 2017. As PR's start getting released for all of this, MYDX will take off. Especially when news of profitability comes out. That'll put us to .25+
Dilution is over, this PR verifies that. They said they weren't going to feed into the dilution and we're going to wait until it was done to put out news. This is the first of many PR's that will be xoming. Official news of dilution being over, earnings, and release of MyDx2 and the new sensor will have us back to .05-.10+ in no time
Between dilution being over, earnings and release of MyDx2 and the other new sensor...we'll be at .10+ by summer.
Stay tuned = good news coming that I can't tell you about before it's made public
Soon I would think. Email them: daniel@cdxlife.com and nick@cdxlife.com
Best thing we can all do is keep asking for an update
If only there was a device that could measure these CBD's and terpenes
This is exactly what I've been saying the whole time. If an R/S happens it won't be at any ration larger than 20:1. I believe the only reason they would do an R/S would be to uplist to Nasdaq once all other requirements have been achieved, in which it would be a good thing and PPS will only rise
Oh it's definitely over. We'll be back over .01 the day news comes out
Another good review. Consistent results and extremely close to lab results, apparently MyDx is really getting their accuracy dialed in on the sensors!
https://m.facebook.com/groups/8239277669?view=permalink&id=10154654233047670
Coming soon
Good earnings combined with news of dilution being over will put this back over a cent within days. They'll wait until it's at .05+ to call off the RS and that's when it'll go to .10+ where it belongs
Dilution has to be over. It's been 3 weeks since they've been stacking the ask up. I'm going to double down on my theory that the RS talk was just to get the toxic lenders to dump their shares asap to get dilution over with as fast as possible, and it looks like it worked.
Because it will easily make it to .05+ without an R/S
Oh so MyDx paid hundreds of people to say they want one? And paid another 4800 people to share the video? Did Yazbeck refresh the page over a million times to get all those views too?
There were far more good/positive comments than bad ones. First 186 posts contained 83 positive posts, 84 neutral/irrelevant posts, and only 19 negative posts. If you take the meaningless posts out of the equation, that's 80%+ positive comments, including 31 comments stating "I want this", "I need this", or "I'm buying this". Excellent publicity for the products which gained a ton of interest and will lead to many sales.
Just because it's approved doesn't mean it will happen. When was the last time a company approved a R/S and months later it still hasn't happened? When a company is going to R/S they give as little notice as possible and make it happen as soon as they can. MyDx will only R/S to uplist to Nasdaq when all other ducks are in line
The general consensus is that the R/S won't happen. 250:1 would leave only 4mil outstanding shares, 2500:1 would leave only 400k? Not going to happen. Just because the have the option to do it, doesn't mean they will. Anything greater than a 10:1 would be absurd.. I believe the mention of R/S was nothing more than a tactic, and slap in the face of the toxic lenders, to scare them into dumping their shares to end dilution as quickly as possible.
Yeah they are. New CannaDx sensor that is more accurate and measures CBDS and THC and the MyDx2.
How do you know the China deal is fake? That is just more speculation.
I imagine it will be out next month along with the 10-K since Daniel has been working on it this week.
I would be very surprised if MyDx was not developing a THC Breathalyzer. It should not be hard at all with the technology they already have. Every cop would have one $$$$$
What happened today? MYDX is practically the only MJ stock that isn't tanking today
I believe the RS talk was nothing more than a tactic to scare the toxic lenders into dumping their shares to get the dilution over with as fast as possible, and that no RS will happen, at least not of a ration of 250:1 or greater. No sense in an RS at anything about 10:1
Bid stacking up big time at .0013. Hopefully we can push past .0015 today
Yazbeck is working on them this week. He was out of town, but got back this week and earnings were his top priority. Hopefully we get at least an update on expected earnings in the next few weeks.
Ask is getting eaten up today. There should be another run soon. They've been working with auditors and working on earnings this week. News Monday would be amazing.
100M shares is only 200 units. There will be no R/S. Either the company or Yazbeck himself will buy shares and retire them. 250:1 which is the smallest ratio option would leave is with only 4mil outstanding shares. This is unrealistic and impossible.
31 of the first 186 comments stated that they either wanted one, needed one, or were going to buy one, which works out to roughly 17%. Apply that to the 1.3 million views and you come up with over 215000 people who most likely feel the same way. Even if only 5% of the people who say they want, need, or will buy one actually end up getting one...that still comes out to almost 11000 units and over $7.5 million in sales.
90% of those people leaving "bad" reviews are just saying it's "dumb" or a "waste of money" because they have no interest in it or can't afford it, very few were from actual users of the product...who didn't understand what it's supposed to do. Regardless of the negative comments, there are still many people saying they want one.
Yep. The database is one of a kind and sets mydx up very well for acquisition by one of the big boys.
And ANOTHER retailer! SOLD OUT of OrganaDx, AquaDx and CannaDx sensor.
https://glutco.com/search?q=Mydx
BMAK and VNDM haven't been on the ask for weeks. Over for good, I don't know. But it's definitely over for now.
Yeah. Dilution is over, when news comes out we're going to fly
Nothing has sold because the site won't even let you check out.
MyDx2 is not cancelled. Coming this summer.
Well this is my last post for the day and I'm about to sit down for dinner and a movie with my girlfriend, I'll try to post a "mostly" complete agreement tomorrow. However, you can answer your first question by looking at the current retail price, which by the way is still $699. Do you need a link for that too? Or do you think you can manage to figure it out on your own?