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So you're saying that the characteristics of MYDX reflects value? or future value?
There are certain characteristics that banks or hard money lenders like lendingclub base their decision on, like credit score, employment, DTI, etc, if applicant doesn't meet the most common of lending standards loan is Denied.
Lets look at MYDX's characteristics:
Poor credit - owed money/payments
DTI - lots of spending, minimal revenue, minimal assets
Anyone know the DSC?
Revenue declining
SP declining
Shipping delays becoming a coffee shop joke
The truth is, you don't mention a product until you have successfully created a physical prototype, once you do that, manufacturers can give exact timelines for production, it won't be a guessing game. They can tell you the exact day product it will be in hand. Obviously, they mentioned the product prematurely (inexperience or intentional? hmmm). Then they estimated shipping once, twice, is third time a charm, and here folks are, hoping tomorrow will be the day, again, HOPE.
However, all the folks posting the positive speculation on steroids versions, have never seemed to be accurate, why?
I speculated no pen before the 17th, even doubled down and posted 100% sure, why? That's experience and education!
I even speculated .0019 before any pen ships a month ago, and what do you know seemed to be pretty accurate, even when folks were saying the floor was .0037, followed by its not going any lower than .0025, "only up from there", hahahahahahah
Maybe I'm just lucky I guess, maybe cuz I'm not being dishonest with myself and posting lies.
Wrong, as usual, MYDX made its bed, now they have to sleep in it. We are just describing how the bed was made, and yet you want to spin it as if that's not really how the bed was made.....amateurs....smh
It means there is no product currently as stated! And based on MYDX's character, history, decision-making, it is more likely that it is just showing 2 months to hopefully prevent potential consumers from passing on the device. If it said 6 months, the greater the percentage of folks who pass it up and not wait. Therefore, 2 months makes it not sound so bad.
Need to interject here, a service is NOT a PRODUCT. Another lesson learned!
Sure looks like you are wet behind the ears, why don't you click on order first, then post what it says by MYDX, don't want to waste time, ok, I will post what is says:
"Backorder - It could take up to 2 months to get your unit."
Notice how it says "could", which in MYDX terms, it means it may take a lot longer, but, you could get it within 2 months.(NOT LIKELY)....
So, is there a product currently? NO! Just like the pen, it may never begin shipping again. As long as it says "could", leaves the door open for NEVER SHIP. I'm sure if someone ordered, they would get no updates from company as well, followed by more estimated shipping dates, its MYDX's MO.
Now, the conversation can be SHUT DOWN!
I can rent a really nice car, and make it appear as though I'm successful and making lots of money. And this can be done with internet as well, anyone can create website addresses, have them dressed up to look like America's next top model, and it all may end up not being anything more than a rental.
Maybe I will create a website and dress it up to see if I can generate revenue from potential investors without any real revenue and core competencies, etc, etc.....SMH
The point is: Its possible, based on the characteristics of many decisions and business practices MYDX has engaged in throughout its history.
Set investors aside for a second, from a consumer perspective, which are the folks that need to be recruited and marketed to, and determines revenue growth, doesn't matter to a consumer whether or not a company is OTC Pink, they are not thinking, oh, its a OTC, I shouldn't pre-order from them cuz it will take a year, and there will be many missed deadlines....hahahahah, NO, they take the company at its word, if it said estimated shipping was originally 3/30, and the product is ordered with their hard earned money, they should expect updates, whether via personal email or on the website they accessed to place the preorder, that's how form consumer relationships, and it appears folks don't understand that concept. First impression is lasting impression, and guess what, MYDX is burning all those consumer bridges, and as anyone with business experience knows, bad news spreads a lot faster than good news, and that aint good for MYDX, cuz I'm sure there is bad news coming from shareholders as well, who feel duped by YazDx, I mean ScamDx, I mean BadDx, I mean FoolsDx, Sorry, I can't even remember what it should be.
a lift? Back to 003, 004, or 005, hahaahaha, folks were saying "we will get a lift from Canada legalization at 005, so is it still a lift if it gets back to 005?....hahahahahah
So what kind of lift are you projecting? Give specifics please, otherwise, I can do the same thing: It will rain, yes, I said it, it will rain......geeesh
If this gets to .0022, and you begin bragging about how you told us there will be a lift, it will be pitiful.
Yea, cuz that's where all the focus should be about MYDX! Not about the companies dealings, declining revenues, missed estimates, botched hirings, Fluff PR's, botched partnerships, ambiguous statements in financials, 4 unreleased products with no new updates on any of them, resignations, etc, etc, but what boost they can get from Canada.....hahahahahahah
Yes, that is the only thing that will help them, but, it will be very, very temporary.....hahahahah
So estimated shipping date is ***from*** June 30th to Sept 30th
To me, the fact that a company estimates a shipping date between two dates, which are 90 days apart, speaks volumes. It says: we don't know what the H#ll we're doing, but, it sounds good, and hopefully people will be convinced enough to preorder.
Few points:
1. If you have the pen, it works/functions as designed, release it, so that it is ALREADY in the market once Canada is legal. This BS that folks keep pushin about they are waiting til Canada legalizes is hogwash. You don't wait to open your sporting apparel business outside a stadium until the sporting event begins, you open it well before it begins so that folks can buy apparel and wear it going into the game, ever hear of proactive???? Not MYDX, apparently!
2. Doctors have been prescribing cannabis to patients in Canada since 2001, please tell me why recreational marijuana has to be legal in order for the so-called application to be approved for MEDICAL DEVICE DESIGNATION? I'm sure folks will come up with straw grasps here....geeesh
You know folks are grasping at straws when they are hoping to get a lift from Canada legalization....hahahahahah
NOT from:
*Pen release
*Three/Four other product releases (lost track of how many have yet to be released)
*Improved financials
*Updating the website with a specific shipping date
I will make sure 100% to send out a news flash when the pen doesn't ship before or on Canada legalization day, don't you worry, buddy!
Education should tell you it won't be shipped before, or it would have been on the 30th, you believe they didn't ship on the 30th, just to ship a 7 days later, really? Lets start using that thing on top of our necks. If they were releasing the same day, they would be very quick to announce the news and gloat. So it dam# sure wont be before, and it wont be on, so the only other option is after. "any day now"
Its not what I believe, its what I know, its calculated based on the company's track record, mark this post too!
Potential investors, look at it this way:
A particular airline (MYDX) has an issue with takeoffs, and a history of failings, delays, cancellations, etc., do you buy a ticket on this airline? even if its cheaper than the others? NOT ME!
Notice how one threw in the word "around", this way when Canada goes legal, and the pen doesn't come out, they can then begin the ole' "any day now" scheme.
Many folks on here are "going with" blind optimistic speculation, which is pretty obvious.
There is a difference between educated speculation and blind optimistic speculation. I recall speculating the sp would hit .0019, why, because I calculated that pen wouldn't be shipped on 9/30, why, because mydx has strung investors along with the first shipping dates that did not stick. mydx strung potential investors along with products that were supposed to come to fruition, but, have not, 3 years later. So, based those multiple series of events, the most logical and likely thing to happened was the pen was not going to ship by 9/30, hence the .0019 educated speculation, and no it didn't hit .0019, but it got darn close at .0020.
That speculation was based on previous events/history of the company, which was found to be pretty accurate. And that one accurate educated speculation was more credible than any of the blind optimistic speculation that a few of you have been posting for months, even years.
Currently, there is no information/history of the company doing business, that would indicate that they will meet deadlines, or do what they say they are going to do. Except, they need capital, lots of it, and what steps are necessary to obtain capital, that is should be the basis for next educated speculation.
I say just trust all the blind optimistic speculation that the communications specialists post on this board.
Exactly how long should shareholders watch for?
So wait......let me get this straight, you assure shareholders you will be vindicated, just like you assured them that:
-MYDX was going to the moon in 2017,
-.40 by end of 2017, or
-.10 by end of 2018
-.0037 was bottom
-pen shipping by Sept 30th, I mean, why would they post it on the website.
-device designation any day now, since January....lol....guess we are still within the "any day now" timeframe huh?
-etc, etc, etc
Sounds to me like someone is assuring investors that a successful hail mary will happen. Really? Do you know the odds on a hail mary actually being successful?
I really can't recall any speculation you have made that has actually been correct, so lets look at all your speculation as NFL passes, that completion percentage sucks, and yet, making an assurance to everyone that a successful hail mary will happen, do you really think anyone is convinced? Because that's what the intent is when you make an assurance, to convince others something will happen.
I guess we are in a world today where just because someone (with NO credibility) says "wrong" or "wrong again", and that statement alone makes it true. Good one!
And yet one is NOT ABLE to put 2 & 2 together. Here is why its not in the trips, as it is easy to see who the amateurs are here:
1. Shareholders who bought-in either at above 2.00, or even at .02, why would they sell now, the value of their shares has declined by at least 90%, doesn't make financial sense at this point to sell.
2. Shareholders and potential investors seem to be buying into the illusions of HOPE that the communication specialists are feeding them.
3. The shipping debacle of the pen is influencing shareholders to hold just a little bit longer each time.
4. The pen, if not for talks of the pen, the possibility of a pen, the pen websites, etc, trips is where this dud would be already.
#2 + 2 = 4
In that case, the REAL truth is they have been unsuccessful at:
- shipping the pen on three different occasions
- communicating shipping delays of pen to consumers who pre-ordered
- hiring the right personnel...RE: Sanzeri, Dewald, Accountants, Communication specialists, Dr. Jess resigned, etc, etc...
- releasing products that have been in the pipeline for years
- improving revenues/sales
- knowing the requirements of medical device designation in Canada before putting in an application, if an application was actually submitted.
- updating the website of the shipping status of the pen, doesn't matter if it could be close, its not accurate and now considered false advertisement....Nice, from a company trying to get on the straight and narrow!
- Etc, etc.....
Right now, the only thing it appears they have been successful at is:
- dilution
- lining their own pockets
- carefully worded statements in PR's and financials that can be interpreted many ways than one.
Wow, those are some accomplishments!
That is the distorted truth, why not state the REAL truth: Shareholders of any Ticker HOPE that good things are on the horizon to experience gains and not lose their #ss, HOPE! There would be no reason to BELIEVE something is going to happen unless there was unequivocal information to support, and in the case of MYDX, its past decisions, hirings, revenues, promised but unreleased products and multiple missed pen shipping dates, does not give any reason to BELIEVE. The websites and few misc things gives reason to HOPE, that's it, HOPE.
#TheRealTruth
I'm pretty sure someone posted this will do well when it was at 2.80 a share, so 3.5 years later and...…… guess its doing well huh?! It was garbage back then when posted, and still garbage today.
When a statement is made that something WILL happen, which is actually unknown, its intended to be influential. If I tell someone "I will win the lottery", its likely because I'm trying to influence them to give me a loan based on that information. Because they are not going to give me a loan if I state the truth, "its possible I might win the lottery".
There is heavy statements being made to attempt to influence purchase of MYDX shares clearly on this board, I wonder why that is...…
You don't hear folks opposed to MYDX saying "it will fail" or "it will be bankrupt", etc... What you hear from us is "this company has failed thus far", this company has declining revenues thus far, this company has engaged in some shady practices/decisions, which leads us to believe that once a snowball starts on a path downhill, almost impossible to stop it along the way, but, not improbable.
Very easy to identify who are trying to be MYDX influencers.
Must be why its in the Red today, that was just another fake-out to lure amateur investors.
Another question: Did someone on the board actually try and say they "could" have shipped it on the 30th, but weren't going to pat themselves on the back with a PR? WOW!
Then follow it up with some backpedaling "that's why I said could". News flash, just cuz something could be a possibility, doesn't mean it is a likely possibility, so mentioning it as a possibility is garbage talk.
Hey, I'm on vacation, and I have come up in my friends conversation, and they are saying, he could have won the lottery......smh
I got a question....
Why would they say shipping by Sept 30th if they weren't going to actually ship by Sept 30th?
anyone....anyone.....Bueller.....Bueller?
Reasons to stay away from MYDX: to many Red flags...I mean these kind of statements:
-I'm not selling a single share
-Us longs know what the future holds
-Been holding for years
-News coming any day
I have not, but, I am considering in the coming days.
I pre-ordered it the first day it was available to pre-order, and have heard absolutely nothing from MYDX, not an EMAIL, nothing! I have only found out about the delays on this board via provided links. How interesting is that?! How about an email asking if I was willing to wait longer or opt for a refund? How about my money that I preordered with is now worth less than what it was in November '17 due to inflation.
Great point, "the hardest part", which is why you consider the past to project the future. But when you just come up with stuff completely different from the norm, its questionable at best. If it rains 365 days out of the year, and folks start saying, "sunshine is coming", "any day now", just because the rains slows down significantly, doesn't mean anything, you could say its a sign, and "why would the rain slow down if sunshine wasn't coming", but, fact is, since its been raining at MYDX for 365 days, no sign means sun is coming, until it we actually see the sun: Revenue increase, Pen shipping, R/S cancelled this year, etc, etc....
There is no reason to be pushing any ideas of sun coming, unless there are hidden agendas for pay!
When that's the best fact that folks can come up with, that's a good tell of a company NOT to invest in.
How about facts regarding revenue declines?
How about facts regarding the pen release debacle?
How about facts regarding a shortage of product they must not have thought would sell, even just a few?
How about facts regarding folks who continuously overstate optimism that is NEVER what actually happens....hmmmmm
But, I guarantee folks won't answer or discuss those questions above.
For folks who don't know, sp will likely drop to 0019, followed by an improbable pen release, but, if it actually happens, sp will jump to .0055, and all these illusionists will say, hey that's the jump we been talking about, however, they have been talking about a jump when pen will be released at .006, so is it a legitimate jump? It wouldn't actually have moved the needle if it was going to jump from .006, in fact, it would be a setback.
But, wait....folks will say, yes, but its a start, and now revenues will increase, and blah blah blah, but, the hole time you all were delusional amateurs with hidden agendas, Kelowns.
Here we go again, if you have a product ready to ship, and an app, you do not wait 6 months to update the app, and hold a so-called product in demand, even if the app developed had limited functionality, you then promise improved functionality and focus on doing that as consumers order and begin to use.....geesh
REally 6 months is reasonable, hahahahahah, that's a joke, this can be done by a veteran app developer in a matter of weeks...lolololol
Passed, RED for the day as I said red day, and yesterday was a just a fake-out!
Yea, give the guy who's had many chances, another chance, smart decision for shareholders to do. Give the boy who cried wolf many times, but never a wolf in sight, another chance, smart decision for the sheep owners!
Wrong, the green close was just another fake-out, tomorrow will be red right from the start....
I would add: A R/S, now that could be one of those big things coming, one of the other big things coming could be BK, now that would be another one of those big things coming.
MYDX, great way to be consistent with the statements of ambiguity!!!!