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So you're saying reviews are split down the middle? That equates to 2.5 stars out of 5...Thats good news? Yes getting the word out is good but, would you really buy a product that many thought was garbage?
Almost every comment on the product and video was negative.
Earnings are going to be terrible in my opinion. Check out downloads at the google play store and apple. Compare numbers for quarter to quarter. No new filings as far as deals and no news from China...do your own DD. This is just what i've found.
Most MJ stocks got crushed, not just mydx.
If you read down the 14c, it gives Yaz the ability to use 250,000,000 shares as incentive/awards to employees or as he deems fit. So all those that think dilution won't continue, you are wrong. Just in my opinion, not advice.
I think the company's pr's about conversions and dilution being near an end in september were possibly true at the time but, sales didn't pick up and which lead to a plan "B" and further dilution.
Also unless there is a sharp rise in share price or end to dilution, R/S will happen. If share price continues to erode, it will just be sooner than later. All just my opinion, not advice.
Yes, I talked to 2 people. I think if/when phase 2 begins, there will be a news release...or at least there should be one. Please call yourselves, I would love to hear differently.
Darth, I know what your saying about the new hires but, IR continues to tell me phase 2 has not been reached. They're still in the proof of concept stage. I also talked to Jotti about it in mid december and she said the same thing. When I pushed for more info, she said she would talk to Daniel and have him get back to me. Unfortunately, he never did.
Darth, there is no revenue stream yet from China. They are not in phase 2. Call and ask, lmk what they tell you.
Lets call a spade a spade, this stock is NOT a good investment. Possibly a good trade in the future.
I wonder what the cost will be to develop mydx2? Also letter only mentions China vaguely with no update on whether the company is in phase 2....
I guess transparency aucks when it's not what you had hoped to hear. Dilution will continue and they will not be profitable this quarter. Why invest?
Darth, with all your knowledge and support of the company, im surprised you haven't talked to either one of them. I talked with Jhotti on one occasion, much better than talking to IR.
As far as this company, I don't feel like guidance issued by the CEO is the proper tool to use to invest.
Talked to someone in the company, Aquadx multiuse sensor will not be released until 2017. China deal is still in phase 1 so, forget about break even for this quarter. In my opinion, dilution will continue of the foreseeable future. No bounce unless something changes....just my opinion.
Darth no update on the aquadx multi use sensor?
Darth, cdx's website is not updated as far as aquadx and no mydx2, any news?
There probably won't be any new product releases. I can't imagine why there haven't been any updates on anything. Starting to agree with the doubters on this board...
Company is compltetely silent with no news on mydx2 or even aquadx sensor for the mydx analyzer...At this point im assuming that the thoughts that this company is finished are true.
No more Darth Yoda?
...or missed
Found what i mussed in post 18070
Im gonna go back through, must not have seen...
Darth I dont recall u address ur thoughts on the sum of the current debt not including cost of operations that may turn into dilution down the road...do u view it as DY does? Around 200k?
Those risk adverse should wait til after the 10-k
If u believe in the company and think this is a long term play, then u can't give a static analysis on the dilution. Stocks move up on positive news or change in product sales trends as well as new launches. So, then it becomes a question of whether the good news will offset dilution or will the downward trend continue...Also what added value does the China deal bring to the company and will they make it past stage one?
For all those math majors....
Mydx unit revenues for 1 year= 1,000,000
Unit price= $700
1,000,000 ÷ 700= 1428 total units sold
1428 ÷ 12(months in a year)= 119 average units sold per month.
Thats actually funny...the tester would give u an all clear that lead levels are not ABOVE 100ppm, not that lead is 100% abscent. Btw epa has a guideline not a standard for lead. They've taken a no comment approach on the subject of lead standard allowance.
In a crisis such as Flint,the level of lead was tested as high as 12000 ppm. Would this product have helped? Absolutely yes.
In countries where contaminants are more the norm than the abnormal, would this product work? Again yes.
In testing for pesticides and other pollutants does it work? Yes again.
It has a market. It states EXACTLY to what guidelines it adheres to.
Its not bad DD, hes account for future debt and considering it converted into stock. This may be where he is wrong. If the companys products pick up in revenue with the new launches or if there is a divestiture of cannadx or supplimentation of revenue through a new revenue stream as outlined in the presentation. Its all a bit murky at the moment.
If Nodummy's DD is respected then, theres tons more dilution to come...doesn't look like the stocks gonna recover.
Darth, is the new tech that u talked about on the DD board going to be in mydx2 or a later version?
Still 200k of convertible debt, at these levels thats scary...
Darth, I think ur wrong, look at the volume. Or omething else is going on.
...info like that would be all over the site.
RE: mydx2 but has anyone at the company verbally confirmed mydx2 is being released? Could be they didnt take the old info down.
Im watching both the daily and the yearly RSI...the yearly says it has a ways to go. Trading it ahort term u are definitely right.
Can't go by a chart on this stock, have to use $ of debt being convert to shares and approximate share price to calculate the percent discount.
It really comes down to this quarter if the company survives...if there is cash flow from product sales, debt can be repaid without the dilution.