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Re: DarthYoda post# 14105

Thursday, 11/10/2016 11:54:31 PM

Thursday, November 10, 2016 11:54:31 PM

Post# of 107737
Not yet. This is the note he is referring to. The shares from this conversion upcoming cannot be legally sold into the market until November 24th.



On May 24, 2016, MyDx, Inc. (the “Company”) entered into a Convertible Note (the “Note”) with Vista Capital Investments, LLC (“Vista”) in the Original Principal Amount of $275,000 (including a 10% Original Issue Discount (“OID”)). The Company and Vista agreed to an initial funding under the Note of $55,000, including an OID of $5,000 (“Initial Funding”). Future advances under the Note are at the sole discretion of Vista. The Company is only required to repay the amount funded, including the prorated portion of the OID. The note bears interest at the rate of 10% and must be repaid on or before May 24, 2018. The Note may be prepaid by the Company at any time prior to the date, which is 180 days after issuance of the Note at a premium to the amount outstanding at the time of prepayment (as determined in the Note). The Note may be converted by Vista at any time after the six (6) month anniversary of the Note into shares of Company common stock at a conversion price equal to 50 % of the market price (as determined in the Note). The Note also contains certain representations, warranties, covenants and events of default, and increases in the amount of the principal and interest rates under the Note in the event of such defaults. The foregoing is only a brief description of the Note, and does not purport to be a complete description of the rights and obligations of the parties thereunder, and such descriptions are qualified in their entirety by reference to the agreements and their exhibits, which are filed as an exhibit to this Current report.



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11544912

Page 13 DarthYoda.

Now where did the debt originate from that Vista just converted into 15 million shares in this Schedule 13? Curious also as to what the cost basis price is for these shares.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11665955

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