MyDx Inc. (fka MYDX)

[DarthYoda]

Yazbeck's loans have been made to the company in increments of $10-25k at a time. However, if you look at the history of them on page 23 of the 10q, you can see that they have been getting paid off incrementally as well.

A loan should be referred to by it's current terms not it's penalties. No one refers to their credit card APR by the default rate of 29.99% or whatever it may be. These are 10k-25k loans at 12% annual interest and are due in 2018. They are not 300% or 400% ROI loans unless they come to function under those terms, which has not happened.

The Loan Agreement provides that the amounts loaned accrue interest at a rate of 12% per annum and all amounts loaned are due and payable on or before September 29, 2018.

It would be more accurate to regularly refer to Yazbeck's loans via their penalty terms only when they actually have incurred such a penalty. Otherwise, calling what has been and currently is a 12% APR loan a 300% or 400% loan instead is just not accurate or objective.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11705681