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It's coming out soon, launch will include a national CBD brand in my opinion. Let's see what happens.
Please read the law... MYDX is correct in saying not dismissed if settlement terms are breached.
http://www.mondaq.com/unitedstates/x/232582/Arbitration+Dispute+Resolution/You+Settled+Your+Case+And+The+Other+Party+Is+Breaching+The+Settlement+AgreementNow+What
A Case dismissed in court through settlement...one party fails to comply with the terms... they are brought back to court either through new claim or court intervention. So from the MYDX perspective the case is not dismissed bc the case was settled and the breach of that settlement may need to be filed as a new claim. This is if the courts do not have jurisdiction over the settlement and can intervein. That part I would need to dig more into but for now this simple explanation is enough to understand how the 10k and court records are different.
Very true.. cases can be dismissed via settlement and if settlement is not complied with its back to court.
Nice summary Rascal. There are other important things that were mentioned about the company pivot and focus on the Cannabis sector that I find intriguing. The clinical trials is also something I would like some clarity on.. did they not go through with it? Is it gagged? Also the UofF study using the analyzer. Seems to me a perfect place for the pen to be used. All these things that are floating around the rumor mill, if they form into something concrete it will really take this SP for a ride.
The only reason this is broadcasted is bc of the continued claims about the pen not existing. Those claims are clearly false and frankly do not help to have true discussions about the company and its ability to market the pen.
MYDX being labeled a scam to deter investors while they load up.... otherwise company should not be hiding things in their filings that show prospect for future revenues. Read about the TRD settlement and look at the exhibits for that agreement. It is easy to see they are now in control of this patent. Why not put this clearly in the 10k... instead it says they settled with them and canceled the agreement. Which means they didn't lie. They just didn't make the result of the settlement clear. Should be listed in the Q though.
I think I'll plus1 this. lol.
15/16 large ask at 17
Nice article... wonder if this is the start of the news stream headed this way.
Right but the question is where did the shares come from... the notes... warrants... what was the source is my question. This likely not revealed until Q2 fins
There is a smack for ya! 16s up now. 17s is where I see resistance
Recent dilution from convertible notes perhaps... Perhaps a current update on the amounts still owed would be helpful here. Don't think it was on the Q1 though.. Do you remember the day it jumped up 100m roughly?
Where did all the volume go... mms should move it up soon to test the correction strength.
Wonder what was with the volume there... almost matches the volume from the earlier volume spike. Shares were certainly sold via ask spinning that day.. I remember that day being odd. Now the same volume shows up when a ton of T trades and a new MM show up... something is goin on there. Now just to figure out what that is. Was it short covering from MMs was it a designed sell off and rebuy over several months? Either way I don't see how this would be a true sell off. If the sell off persisted after the volume falls off it would indicate the true panic of a stock going to zero. This has shown higher volume the lower it goes and is now thinly traded and mostly buys over the past days with low volume. News will move this one really fast. Hold on to your seats when it does.
I agree... there was a lot of bid and ask spinning and later reported as T trades by the firms involved. This seems to now have stopped. No news.. an NT is not news IMO. PRs seem to be gaged until the partners agree to disclose the contracts, evident by latest shareholder update.
The question is now, does that spinning seem timed with a pump? A simple look at the chart and news flags will indicate, NO PUMP attempt was made during this time. In fact Yazbeck inflated the OS and authorized a RS earlier to make the stock drift lower. Why do this if he wanted to sell? He wanted the patents from TRD and needed the ability to pull that trigger. Now when revenues contracts are announced and the split occurs it wont matter. Always remember RS is not always bad if timed with major pivot in the health of the financials and debt/share structure. I am also suspecting that there will be series A shares converted at some point. Once Yaz and Erai hold that much common they won't need it, and it only hurts the value of the commons, but is worthless if you already have majority. Sorry not worthless.. it is worth 51 commons.
I speculate on what is unknown here, there is a chance Yaz is just dumping all the shares he can.. but why not have videos and more "pump like" PRs? It just seems like a weird way to pump and dump. Perhaps nothing
Where have all the sellers gone... perhaps as part of the settlement arrangement they were required to unload ill-gotten shares? That volume surge seemed to be based on something … but what was that something... my guess is now that they are out.. MYDX will release pen... it was a game of chicken and defendants forced to swerve out of MYDX's way.
Crow will be eaten by many. Powered by MYDX cartridges available at MedMen??
There is also a connection to "The Cannabis Brothers" and some of their brands as well. We could be seeing a massive rollout in a as little as a week or two. All very hush-hush right now.
Yes then it will surely be cheaper... The share structure is an issue... however remember that is from a technical perspective. If the company launches a revenue generating machine and RS occurs it will not be bad for SP. Only reason RS is bad is to allow for further dilution with no promise of revenue. Show the revenues and then consolidate the outstanding shares, that's what I would do. No brokerage firm, MM, or trader, will jump on to the short train with breakout revenues occurring. Does need revenues however... time tells all doesn't it...
This information was carefully buried in the 10k. Many missed it and assumed that MYDX couldn't pay them and had to cancel the agreement. It was actually only evident in the exhibits of the 10k that MYDX maintained control of the patent.
As the volume falls off we should see a test to the upside and I suspect news will drop at that time.. Early summer is only 2 weeks away.
What else is new... Volume fell off... drifting higher... I posted this a few days ago as well... lets see if shares are still constantly dumped or if those sellers are finally out of this stock. If so and news drops this will be a really fun ride.
And the pump is not in effect yet... Someone is positioned for it.. I am as well... Average down if you are above a .004 average, this stocks about to blow up. Should double easily and possibly more. Waiting to hear the brands that are signing up..
A lot of small trades yesterday... Shares not so easily covered by the mms
Have you seen the video of yazbeck going through the app and hitting the pen trying to get it ready for launch? I am certain that it's going to be launching soon.. just getting the bugs worked out... A newer version of the pen also had to be created. Medical grade.
True true... Volume cool down in effect.. boom time soon.
Possibly a war between the two... this is what I assume Yazbeck assigned himself the series A shares for. Keep being able to maintain OS control through lending to investment arm. Perhaps he will convert those into 51 common and giving some value to the current OS
To a point... when real buying and selling from larger and larger firms occurs this will stabilize and create a boost to PPS. Notice CFGN was in the market all while there was huge volume. Now they are out, and volume has fallen off. I think they were investing in the stock and when the MMs realize less and less shares are floating around they will move the price up. I suspect this is when MYDX pulls back the curtain on what they have been working on. Time tells all...
I have always thought the value should be $40-60m for the analyzer, the pen and the data... $100m if it goes national with a brand... several $100m if it goes national with several brands. Right now after dilution and warrants the market cap would be somewhere around 12mm (roughly just doing some estimates) so 400% is not that far off. MYDX simply needs to execute and value will rise very quickly.
Hmmm... well it is a strange platform to provide a video of internal things like that. Seems like it would be intentionally done. Perhaps the Ganja Gold connection needs to be explored again.. I'll take a look again but last I remember seeing was them switching to a corporation a year or so ago. Product line still the same as usual I believe.
Was this video available the whole time? Or was it recently "published"... seems odd no one would have found this earlier.
So the theory is that there is paid pumpers here? Wouldn't MYDX need to release news if they wanted to pump... Works alot better with news. This theory has holes. People promote stocks they believe in. Simple. If there was news and a flurry of positive posts from new comers then I would agree... This is looking more and more like a quiet period before the news
This is missing the most important part which is that MYDX now has exclusive use of the license with that settlement... way to miss the biggest point of the whole TRD patent discussion. Great DD... oops... missed the key piece.. likely on purpose since I know it has been discussed in detail previously.
It's relevant being that it is just more evidence that a pen is coming... I am in agreement that old news is not relevant.. this however is about a future device. For public companies it's important to posture the company appropriately. In the case of MYDX they played on the sensors originally but the data is more valuable at scale. Thus the pivot and focus on the cannabis sector. Kitchen tablet is still on the back burner, have no doubt. I am predicting a pen, more 360 clients, a kitchen tablet, and inserts for the MYDX for air, water and organics. Funding can be slow at times and toxic debts have hindered the company. If they perform from here out and shares get locked up, this will be a huge rally. Downside is certainly very minimal since insiders can only get .001 on most of the OS (diluted)
$MYDX took a serious volume surge and dip recently... any thoughts here .. I am averaged in at .0016 and looking to grab more later today if the volume cools off and remains at the higher end of the daily range.
$MYDX for a scalp trade... Great volume on recent dip with a launch right around the corner... Ill take that risk all day... averaged in at .0016 and thinking about getting more 15s if these 14s don't fill by noon or so.
$MYDX showing crazy volume on a dip... dip and rip setup? There are a ton of potential news releases pending... contracts with national cannabis brand still yet to be announced. New product launch coming in "early Summer 2019" Clinical trials in Israel that haven't been reported on yet. Medical Device approval in Canada and 510k application.
Will the massive volume trail off today?
Yeah I believe there are more levels then county courts in our judicial system. Ohh, yeah two more still available, as well as other possibilities within the County... wonder what happens next.
Yeah we all are waiting for that.... Cali first according to the update.
Bid and ask is .0014... hmmm
Adjusted now to 14/15... wonder why... shares are about be really scarce.
They need to launch this bad boy. Nationally.
Yeah the tip off is the volume of selling when it was higher... forcing the stock into a down turn and then the massive accumulation and spinning bids and ask and dealer trades. If they wanted to sell why not pump... clearly this is someone who is REQUIRED to sell. Or perhaps noteholders trying to get conversion to lower before the news. Either way it is not a Pump and dump since there has been no pump. Where is the social media where are the mass distributed PR... nothing smells like scam here just normal delays in launching a disruptive product.
newszn.la (just launched at MedMen)
https://www.instagram.com/thecannabisbrothers/ (owns newszn)
TGCindustries.com
These are the guys in the pic at MedMen…. also in that post was #MYDX. Something big is coming soon.
Who is the guy in the white shirt in mrcanna insta?
Well we know the payments were made... what other terms must be completed in order for MYDX to agree that the case is over. Either way this case was about stopping the destruction of MYDX so that those patents could be used by others... now that Mr Canna is involved and they are connected to MedMen we should see a drastic change in SP when the news drops.