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I highly doubt there is anywhere near 2bil AS. There were only 375mil AS as of April, and as of today, only 251mil OS with a float of 200mil
I think profitability in Q3 is very possible. Q2 saw 73% increase in revenue to $269k and 53% decrease in expenses to $990k. If Q3 sees the same, that's $483k revenue (not including AquaDx or OrganaDx sales) and $465k expenses, which puts them in the green.
Finra, what's your estimate for revenue when earnings comes out?
Need to start chomping at those .0161's. Should finish in the .02's no problem once those are gone
Get on it, find out where our earnings are. Investor relations:
Tmarkey@irpartnersinc.com
818-280-6800
Has anyone called or emailed asking when earnings will be filed? I emailed both the company and IR
I hope everyone used today to their advantage to average down. I'm averaged at .0189 now...and holding til she takes off!
Congrats to anyone who bought the big dip this morning! I bought another 200k around .014 but missed the big dip.
I didn't even consider earning revenue from the app, but the only way they would do that is if they were advertising for other companies. I don't have the app, are they doing that?
Tell them, not me. Contact info is there. Everyone should contact them and hurry them up.
Investor relations:
TMarkey at irpartnersinc dot com
818-280-6800
Just in case anyone would to ask wtf is going on with earnings.
Earnings should be out after hours today or before open tomorrow. I expect revenue in excess of $500k based on prior revenues and new products available. Depending on decreased expenses, and the possibility of a portion of the multi million dollar contract paid upfront, profitability could have been achieved this quarter.
Then you must not be looking very hard because there are plenty
IMO finding out who the multi million dollar contract was signed with will be more of an impact than revenue numbers, unless of course they surprise us with achieving profitably in Q3 earlier than expected.
Hopefully numbers come out pre-market
Predictions on the contract? CVS, Target, Walgreens, Walmart, maybe somewhere more health/organic minded like Sprouts or Trader Joes?
It was in one of the last few PR's
And along with earnings we find out who the multi million dollar contract was signed with. Depending on up front payments, that contract could have pushed them into profitability for Q3.
Or they post after hours today and someone knows they're gonna be good and that's why we just had a little surge in volume and share price. .05+ Monday $$$
With the lack of volume and interest today I have a feeling this is gonna tank tomorrow if we don't get any news
When is the AeroDx scheduled to be released? Q1 2017?
Someone needs to hit that ask or its gonna start building up
ARCA 100k ask moved from .0205 to .0215 and now up to .0235
If we can hit and hold .03+ before earnings come out we're gonna be looking good
Exactly. There are "companies" with no product, no revenue, and nothing beyond BS PR's trading 10x+ where we're at. I sold off everything else I owned once the legalization craze died down and loaded up on MYDX. Real product, real revenue, and real chance of uplisting out of OTC unlike most other MJ stocks. Once they become profitable this quarter or next, PPS could be in Nasdaq range. If not, a reverse split to up list would do nothing but help share price.
They like putting out Thursday PR's so we shall see. Seeking Alpha made mention of them in an article today, so maybe that will bring more interest tomorrow as well
I was kinda hoping there would be a way to watch or at least a transcript or something. I imagine we'll get a PR in the next few days if anything significant happened. Good news followed by good earnings before the end of the week would be great.
I was hoping to pick up one last block of 50k under .018 but don't think that's gonna happen. Averaged at .0196...ready for this thing to fly
ARCA ask moved up to .0215. Looking thin to .05+.
I wonder what the chances are that they achieved profitability this quarter. With all the water issues going on around the world as of late, they could have sold a lot of AquaDx units.
My guess is whatever he had to say was good and whatever investors were there to hear it are getting a jump on what everyone else will soon find out
Guess not. Gonna get eaten up quick though. News this week and we'll be back .05+
Pretty sure that ARCA 100k ask will drop out pretty quick once we get a little closer to it
Go in now and you'll already be up 10% when it hits .02 $$$
I disagree. I think we'll see another quarter of increased revenue and decreased costs. MYDX is so undervalued it's not even funny.
As of last month there were only 150mil OS.
Every day it's below .02 I just buy more shares. It won't go much if any lower. Earnings this week will put it back over .05 easy...if they drop a bombshell that they became profitable this quarter, it'll go much higher. If not, they'll be profitable by the next earnings and that will do wonders. I could see an uplift to nasdaq happening this year as they don't have the hurdles that other MJ stocks have since they don't touch the plant.
Congrats to all who loaded up more shares under .02 today! Back to .05+ this week if earnings come out.
I think there's a very good chance this will up list to nasdaq next year. After becoming profitable this year it shouldn't be a problem at all, and shouldn't be any hangups since they don't actually touch the plant.
Anyone know when earnings will file? Before open or after close tomorrow?