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Are we sure 'Tooling in Process' isn't just a new verb phrase for the CEO?
It's a win-win, take a gamble, get paid if it works.
If not, none of the companies involved are going to lose market share or customer bases over MYDX failing to deliver.
Who is really going to say...I'm not buying Ganja Gold products, because they promised a MYDX Ecosmartpen and couldn't deliver?
Not sure, maybe they were verbally promise some common stock to do so?
Because there is certainly nothing legally binding that is forcing them too, or they will be held accountable for if MYDX can't produce.
So a win-win for them...make a public promise...if it doesn't work out, oops, sorry MYDX said they could deliver and didn't.
And rinse and repeat.
Really? The Pen Shipped?
MYDX Could close today down only 101% for the year!
And only 12% down from this same time in 2017!
iHub Breakout Board news - MYDX not included today.
Is Monday when the Forbes magazine hits shelves?
I know 6/30 is the beginning of the 'estimated' ship date for the pen, but I'm not holding my breath.
And it's down to 8 now
Is the heat from the cash being burned through? Or is it just a fresh round of BS keeping things HOT HOT HOT and SMART SMART SMART!!
Still IF...it's not in the marketplace on the shelves currently...and shortly could be 100 years from now.
NO PROOF - Beware, potential false advertising. Could be June 30th, Could be Sept 30th...could be like that previously retracted announced ship dates!!!
Still IF...it's not in the marketplace on the shelves currently...and shortly could be 100 years from now.
Your faith is on par with historical religious crusades.
Yaz does what's best for Yaz...he does not care if you lose all your investment, as long as he gets paid.
Mr. Yazbeck controls a majority of our voting stock, and he may make decisions that our stockholders do not consider to be in their best interests. - MYDX FORM 10-K
IF MYDX ever ships!
Incorrect...there will be plenty until MYDX actually produces some results that prove it will still be a viable entity 5 years from now.
Only 11 to 103 days before....MYDX misses another Pen Release date.
Would that be the 3rd or the 4th release date miss? I'm losing count.
I would hope that is the case. But Hope is not a method.
I prefer Verify and Trust with trust always earned.
MYDX is speculative investment for myself, which I would not have made if I did not agree with the strategic niche.
My consistent skepticism is just that. Not declaration of fact, just discussion of possibilities that could be in play.
There is a time limit I have set for my speculative investments. And MYDX is closing on that quicker than achieving any confidence building long-term execution milestones.
Just like a chess board, you can be positioned perfectly, but lack of execution will get you cornered and out quickly.
Typical avoid the topic of conversation, and deflect to "the defendants" response.
Trust is earned from me. So far, during my time as a MYDX investor, Yazbeck has done little to earn investor trust.
Please don't forget that YCIG has been provided hundreds of millions of share over the previous years, prior to the restricted share conversion, for 'repayment' of debts/loans.
Does it not seem odd that the main financial backing is Yazbeck himself, Yazbeck's investment company YCIG and the continual user of funds is MYDX. Majority of which is 'advertising/marketing/research and Yazbeck's salary?
2 entities, 1 CEO all = only 1 person Yazbeck.
YCIG gives a loan for $30,000 to MYDX, MYDX cannot repay in time...MYDX provides a couple million restricted shares at a value of $0.001 as repayment to YGIC. YGIC sells the shares to other investors at current market value, once the restricted period is released.
Hey what do you know, Yazbeck is paying himself twice with investor funds.
So that means YCIG is good at game theory.
Point to the house on fire...don't worry about me over here with a lighter and burnt clothing...but certainly check that other guy out.
And why not..if I can authorize 1.2 billion shares a year at $0.003...that certainly makes it easier to hide a few hundred $k annually in "investment" earnings or loan repayments.
Maybe they are intertwined and it's YCIG naked shorting. There sure is no evidence to say otherwise.
Who's to say it's not YCIG converting dilution to cash?
You said the same thing 3, 6 and 9 months ago!
Exactly...it doesn’t denote if one or both. And lets remember “the company” is only 1 person currently.
Is there any proof MYDX actually submitted an application specifically for medical device designation in Canada?
Only thing I ever read was MYDX was seeking medical device designation.
That just happened to be strategically placed in a sentence that started with "it submitted an application" as the 1st subject...nothing public denotes that application was in regards to the 2nd subject of the sentence, nor is there any public information on the public Canadian Medical Device Designation sites denoting any company associated with MYDX has triggered the beginning of an application for medical device designation in Canada.
MYDX trading is an anchor in deep trench today.
Must be the recent 'solid positive' PR that removed all the market barriers.
It's to point of a direct impact on a metric that means nothing, by posting a lot of comments in the MYDX forum. (since it rates the % increase of # posts in forums for specific stocks).
Along the same lines as wasting oxygen by breathing it.
If someone else finds a niche and gets a vape pen with child safety locks out 1st. I think MYDx will be serious hurt with market potential. That is key invention that we get market share, and then help build the importance of the database backend.
Without market penetration, MYDX360 needs billions of data points before it alone is worth other looks.
The PR is good news, but there is no substance behind it.
'Signed an agreement with to support the products developed by MyDx360'....could just mean a poster promoting MYDX and the website on the counter in the storefront (or back alley).
"Proprietary product formulations powered by MyDx"....just means someone reviewed a strain/oil they sold on MYDX.
And "formulated products developed for MyDx360 customers are now able to be fully integrated into the California Cannabis Track-and-Trace (CCTT) system that records the inventory and movement of cannabis products from production to sale."...just means people can put there reviews on MYDX of strain/oils that are legal. The only difference is that CA is legal and has regulations now.
I'm a long-holder of MYDX and prefer they do well, but there so far there are no products, sales or PR that are worth additional capital/investment.
It's on the internet, it must be 100% truthful.
Do you really think I'm not aware all the information listed as press-releases on the MYDX sight.
Or do I need to lower the bar on my comments?
Lol, now the BS is in 2 colors.
So far the cards played have been Wile E Coyote, Garbage Pail card Doug Plug, and a ripped half-page of IKEA instructions in Mandarin.
So I guess we will find out what a whole picture of a black hole looks like soon!
Just a little devil's advocate question...
If the Verdict by judge/jury finds no fault by the defendants...what next? Is that considered justice?
I'm for the judge/jury siding with Yazbeck, but try to plan for worst case scenarios.
Why?
Even if the court gave $29 Mil to MYDX, it still doesn't cover the already accumulated shareholder deficit.
And let's be honest, if the settlement is $29M, lawyers get about $10M, and the rest is payable over 10 years. So $1.9M annually. After paying General Administrative expenses, and Yazbeck's salary/bonus...that is gone.
So really, what is the lawsuit truly worth besides keeping bad that should not have been hired in the 1st place, from trade MYDX stock. So MYDX will be vindicated, but broke.
FYI, MYDX won't see any of the money, as the defendants will just declare bankruptcy.
Smartlabel, Samrt Pen, Cartridges and Consumables STILL aren't available now in 2018.
Medical Device Approval is not a product, and there is no proof an application was submitted for Canadian Medial Device approval.
Partnerships is not a product, and have minimal impact on financials. (licensing rev fell by $135k from 2016-2017).
Clinical Trails are not a product, but a costs.
So that leaves, CannaDx, 360 (w/ database backend). So currently MYDX is in the same revenue path as 2017.
All of which helped create a sales growth rate in 2017 of -92.1%. Yeah.
Agree to disagree. :) It will always be 200% in my thoughts, no matter how it is labeled or pitched to me.
If I have 1 apple, and someone gives me 2, the 1st apple doesn't disappear.
Same if I invested $100, and it was now worth $300. I made $200. If I made $300 (investment worth $400), then yes I would agree it would be a 300 % increase.
What comes first MYDX to .01 or MYDX legal issue settlement?
Sorry, no MYDX Vaping devices are currently available for the party.
The after party has been Yanzcelled.
Are you sure this isn't just WSU students involved in the research?
I think it is still currently illegal for WSU as a University to research anything beyond hemp, without potentially losing federal funding.