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Agreed, it's coming soon, people accumulating, it's gonna pop soon
I was here a couple days ago posting, and caught a bunch of shit from several people saying I was bashing, but even if I don't agree with all the facts, I still bought in yesterday (just 100k shares for now, more if momentum continues)...this actually could be 5-10+ bagger just based on daily bid support and overall momentum and looks like you have a lot of larger penny players hanging around probably part of the reason for lower volatility as they are setting large road blocks on bid...money is money...sometimes you don't have to agree you just have to join the ride...
When we retreated a little I grabbed those 102k at .0035 to clear them out, so when I saw that last trade I was like really? Like what is the satisfaction in that? And if that's all the shares you have, put them up there at .0035 and .004 where buyers were anyway...in the big scheme it doesn't matter we're heading back to where we should be and above...I'm above 1.5mil again yay :) hopefully we about have this thing locked down
Interesting someone waited right till close to sell $60.00 worth......
Once more bid support comes in we can get correct to atleast .005s-.007s, buys are indicative of something coming in my opinion...I emailed company to see if they would shed some light on progress of distribution agreements, haven't heard back, but was just a couple hours ago, although they may not email me back as I was none to happy with stuff a few months ago , oppps :)
Was oversold, so still a good chart play because as we all know this is the kgkg way, up , down , up , down... however,
I'm guessing either a group is going to make a play of this, or news is pending...when we had run back in June as I recall (could be off , but I think it was June) but we had a couple days of ask slapping with apparent disregard for bid.... following that we had news (news leaks, happens every day, so something like distribution agreement or something) if a couple people got wind of it they may throw a few thousand at it knowing its going to pop....only mention this cause it's happened before with kgkg and usually the gap between bid and ask has a stifling affect on us...will be nice when someone stops pounding .003 bids bit I imagine they will be gone soon as we break of of this bottom
T 9/21/16 | GlobeNewswire
MyDx, Inc. (OTCQB:MYDX), a rapidly growing chemical detection company and the makers of MyDx, the first multi-use hand-held chemical analyzer for consumers, today announced that in response to numerous shareholder inquiries about volatility in the market for its common stock, the Company is reporting its business, sales and new product launches are all on track and on plan.
MyDx expects to report solid revenue for the current, third quarter ending September 30, 2016 while expenses are in line with recent trends as it targets profitability. Its launch of the AquaDx Sensor Chip is on schedule with the build-up of inventory on plan for its December 15, 2016 general availability and shipping date.
Previously in 2015 and earlier in 2016, MyDx raised growth capital with convertible debentures, a form of debt which is convertible into common stock. With the Company's fundamentals better today than ever before and trending toward profitability, debenture holders are inclined to convert now to maximize the number of shares they receive before the MyDx third quarter and fiscal year results are posted. Most debenture holders convert and immediately sell their common stock into the market and when too many sellers try to exit at the same time, the supply can temporarily overwhelm normal demand.
As of September 20, 2016, 52,939,410 common shares were reported to be issued and outstanding, and approximately $500,000 in convertible debt remaining on its balance sheet. Once that debt is converted, its balance sheet will be strengthened with minimal long term debt remaining.
"Regrettably, it's a perfect storm, but a temporary one," said Daniel R. Yazbeck, MyDx Chairman and CEO. "Convertible debenture investors generally are risk adverse and sell immediately upon conversion, creating far more supply than demand for a short time. As the Company's largest shareholder, I fully understand the concern of our many loyal shareholders.
"Reflecting the gross market distortion, OTC Markets reported that as of September 20, 2016 our Company's market capitalization, or equity value, is only $714,682 which is equal to the price of a good, publicly traded OTCQB shell company with no operations, products, services, IP or any other assets. One year ago today, as we were just starting to launch the CannaDxproduct line and prior to securing world-class manufacturing, supply chain management and a major US distribution deal, our market cap was approximately $28 million -- or about 40 times that of yesterday's closing value.
"Today," Mr. Yazbeck concluded, "CannaDx is a proven seller with a clear ramp up. AquaDx is in launch phase, while the OrganaDx and AeroDx product lines are being readied for launch shortly. Further, MyDx has been working for months on several major new business and marketing initiatives that we anticipate closing and announcing shortly."
About MyDx, Inc.
MyDx, Inc. (MYDX) is a chemical detection and sensor technology company based in San Diego, California whose mission is to help people Trust & Verify what they put into their minds and bodies. The Company developed MyDx, a patented, affordable portable analyzer that provides real-time chemical analysis and fits in the palm of the user's hand. The multi-use MyDx analyzer leverages over a decade of established technology to measure chemicals of interest. It owns a substantial and growing intellectual property portfolio of patents covering its technology. With its CannaDx(TM) sensor commercialized, it has three other sensors being developed in its lab that are compatible with the MyDx Analyzer and App that will empower consumers to test the chemical composition of everything they eat, drink and inhale. For more information, please visit www.cdxlife.com.
Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27(a) of the Securities Act of 1933, as amended, and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. These forward-looking statements by their nature are estimates of future results only and involve substantial risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, our ability to complete our product testing and launch our product commercially, the acceptance of our product in the marketplace, the uncertainty of the laws and regulations relating to cannabis, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed from time to time in our reports filed with the Securities and Exchange Commission, available at http://ir.cdxlife.com/all-sec-filings or www.sec.gov.
Investor Contact:
Phillip Sugarman, Vice President
Investor Relations Partners
Phone: 818-280-6800
psugarman@irpartnersinc.com
https://resource.globenewswire.com/Resource/Download/7d27f182-5c92-4b0b-be68-23ac92530140?size=1
<img src="http://www.globenewswire.com/newsroom/ti?ndecode=MTUwIzY0OTExNzQ=" alt="" width="1" height
News out
Wow thanks brothers!! Lots to read through, when I saw both of you here I figured it probably had some juice!! I'll read tonight and maybe post up for some more mañana!! Thanks!
There you are, what about my bet, 9-30-16 we close over .0009...you never responded...$500.00 what you think?
Hey Mr cheap, whats the story here...I grabbed a little under 1000.00 worth a few minutes ago, saw you and MADD residing here so must have some merit, chart as tasty as it looks?
Well I see the ask is down to .0031 at 10000, is that VNDM?
Ha ha ok,i really don't care...you guys believe what you want , it says clearly no revenue for 2015 and $3000 for all of 2014...
Did you read last year's filings? Line for revenue, year ending 2015...yep still says $0.00....I should be banned? For telling the truth? Here's the filing:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11322013
Sure :)
I bought a position a couple weeks ago , few hundred thousand shares to start with, did some homework on them and dumped...before you get excited...I'm not upset that it's gone up in price since, my decisions are mine, and I have not been here once bashing and never posted before today on this board, I read a lot of boards on here...all this started because I mentioned that the after hours trades on a lot of the stocks is dilution...which is the truth...and now everyone is up in arms upset :) and mcdigits jumped in with "for the last time" if everyone wants to believe that all is good and there is no dilution, then thats fine....if company is so solid and nothing funny going on, why did so many get upset at the mention of dilution? Again, that would have been my only post earlier if mcdigits hadn't of gotten his knickers in a twist...if you want to believe that there's a reasonable explanation for an average of 2 million shares being unloaded every day, and the TA being gagged after news comes out, but the CEO answers emails about OS in 5 minutes, then thats fine.
Same transfer agent that they had 10 days ago....
Why wasn't it gagged 10 days ago?
Don't really understand your point....If you guys are happy with it then run with it...over 100 million shares in 50+ trading days is a shit load, TA gagged typically means more being dumped....let's see where OS is in a couple weeks or a month, averaging extra 2 million per day...
Ok, you say less than 200 million,
info posted as DD "AS OF SEPT 14TH 2016 THE OS WAS 203,087,065 PER TA PHONE CALL"
Transfer agent won't say at all
It's not a pissing match, I could give a shit, just was pointing out what a lot of stocks are doing these days...they have added over 100 million shares since beginning of July....I was just trying to point out it may not all be rainbows and puppy dogs....I hope you do get to a nickel...I hold no position and won't buy but doesn't mean I don't hope everyone makes money....otc generally sux and there are enough CEOs lying to us, so there's nothing wrong with questioning variances in information....I can "call lee" but Lee can say he just inventing flying magic terds and i have to take him at his word? Transfer agents don't lie...they are gagged...if they weren't gagged as per info supposedly from 8-9 days ago, why gagged now? Just reasonable questions...
And there you go...just got response from transfer agent....they have been gagged, I'll mark the earlier post since mcdigits was so quick to say "for the last time"....I'm not even trying to bash, but they added 110 mil shares in 2 and a half months, now agent is gagged...call it what you will but it's not good...
Hello,
Thank you for contacting us. We are not authorized to give out ASCK’s outstanding share numbers. You will need to contact ASCK directly to request this information.
Sincerely,
Amy Parker
Colonial Stock Transfer Co, Inc.
66 Exchange Place, Ste 100
Salt Lake City, UT 84111
Main (801) 355-5740
For the last time???? Slow your roll, first time I ever posted on this board, I'll call transfer agent tomorrow if they aren't gagged and verify exact numbers between last week and this, if you're right then so be it, but happens every day where companies add new notes without your knowledge till quarterly comes out and "oh by the way" . I can name a long long list for you of otc companies....but I will try to get exact numbers...you have just as much info that it's an old note, that I do that it's a new note so let's get the numbers....for the last time??...I'm not your child...just posting as to what it typically is when these trades are coming through after hours
More than likely it's shares being added to OS because of a note being paid against, lender sells shares at average of all daily trades, thats what the majority of these OTC post market trades are anymore, unfortunately... dilution
Well done!! So if you don't mind how many you have all together? If you don't want say that's cool, just kind of curious how much of float is held just from people on this board, so everyone please post or private, I think we have a lot of it locked up again
I'm sure I'll end up there ha ha :) excited about dilution apparently stopping for now and distribution agreements around the corner...plus who knows how many have already signed up as affiliates...others had said previously fbec run coming, I feel it now though imo (yes life, I'm pumping ha ha )(btw, he never took my bet or responded again)(maybe he'll show up later after school)
Ha ha that was me :) I got that odd lot this morning so wanted to round to 1.3 mil and needed 44k , posted at .0035 to see how fast it would be attacked (.0032 no one wanted) .0035 got munched up :) did math wrong in my head, so now have 1,301,000 ughhh :) ha ha
No doubt, if we hold tight we can bounce back to previous levels, if they are starting to show up on other websites for sale, then my excitement is becoming renewed... distribution distribution distribution!!!, I also like that they are focused on southeast and Midwest and aren't gonna try to play the world domination angle :) distribution is gonna throw us over penny, how much I don't know
Nice! Someone gave me like 50000 .0025s this morning, thanks :)
Awesome!
Well, if you're sitting on a couple mil, the other person that popped in the other day is sitting on a couple mil, I'm back at 1.2 mil, that's 6.5% of the float with three people...if kgkg would play it right, don't add any shares for two three weeks, everyone hold tight and badda boom badda Bing, we fly just based on locked float
I do wish you luck, and you should be able to win here, dnrg though...wow, what dilution....it's scary to me how bad and how blatent some of these companies are now....wanna be a millionaire? Buy a shell otc company and fire up the printing press..
No :)
I sold out a couple days ago, one of the reasons....very simple...I had emailed beginning of week to CEO about press release, and also to say hey your website says ticker is XFUL..not XFLS...he said he would fix right away...it's still not fixed, we own our own business, if something was wrong on our website we could fix in 5-10 minutes....I know it seems simple, but that error has been there for months, and you didn't know? Now that you know you don't fix? That part is concerning but also why use XFUL to merge new company, if xfls owns xful then just use xfls? I'll still probably get back in, once a little more clarity on who owns what and how , fix ticker on website, and release earnings
Life , I'll play along with you...let's bet right now, you pick the amount, you say that in two weeks kgkg will close in the .0009 or less area...you like to talk so put your money where your mouth is, you name the amount
If someone hadn't started the morning with half a million on the ask, and bid support was better we would move, but there's 30% between the two and I think many are kind of in a wait and see mode after the last two days where those big trades came out of no where, a couple days without wacky trading bid support and ask slapping should resume
I don't know, I do pretty well at casinos, black jack and craps :) to date I've done well on kgkg and been profitable, so I'll keep my eyes wide open and hope for the best, a small loss (or even half loss on this position) would still keep me in the black on kgkg, my new average is .0028ish after yesterday, imo it will bounce well from here, if I'm wrong I'm wrong :)
Should bounce nicely very soon , 50 day moving is a little over .005, last time we had this much disconnect off of 50 day moving was June, ran from .0025 ish to over a penny in a few days, I wouldnt expect a run to a penny plus till they confirm at least on distribution agreement...I know they are putting PRs out there to let us know things are happening, but I'm of the opinion that they take a couple weeks off from selling any shares, beat the streets and find at least one distribution deal, or set up an appointment with Safeway, Walmart, kroger, target, 7 eleven , wawa, ... whomever...and announce that that's who they are going after, stock will fly!! Just like TBEV announcing they are meeting with Walmart, in tbev's case the stock won't fly because it appears to be being diluted daily very heavily, and at any time there is 100 million on the ask, but the logic in setting meetings with big players is sound...that gives investors something to sink their teeth into....the old drink was already on Amazon, so today's news was fine, but just fluff and stuff, good information, but still not a prime seller etc....set meetings or make deals with distributors and/or chains and watch your stock fly :) you can see market makers are in the .003 range and above, the poo poo today was retail....I miss the days before all the computerized individual trading...we made a lot more money.... typically if you wanted in, you bought at the ask, and stocks would fly... these days half of it is preset buy here sell here flip flop flip...any way, we should be bouncing off of here in my opinion
Oh ok, I had never heard that before
What does that mean, float locked, none available?