Sunday, April 16, 2017 12:18:32 PM
Significant MYDX Research Per Unknown Investor
What you are about to read is some MYDX research that was provided too me per an investor in MYDX that have chosen to remain anonymous that do not post here within this IHub forum. I have his permission to post what he has shared with me because I believe it is significant for all MYDX shareholders to have this info within their notes regarding MYDX. If any of this have already been posted, then please forgive me for the redundancy.
Per the original Joint Development Agreement, which is up for renewal, with Next Development Technologies, Dr. William Royea was personally a very large contributor to the development of the MYDX Analyzer. He was in-house and hands on with MYDX during that time. He can also be seen as a contributor to the MYDX White Paper on it's title page. Here is who he is:
http://www.nextdimensiontech.com/management.htm
https://www.project-syndicate.org/commentary/nathan-s--lewis-and-william-j--royeathe-promise-of-solar-chemical-fuels
For some context, Dr. Royea's business partner, as seen in the above links, is Dr. Nathan Lewis.
Dr. Lewis has an entire department named after him at Caltech:
http://nsl.caltech.edu/home/people/nathan-s-lewis/
http://nsl.caltech.edu/home/
His initials, NSL, even precede the school in the URL… just as a FYO.
Dr. Lewis is the original Caltech developer of the electronic nose technology from NASA:
http://nsl.caltech.edu/research:nose
You can compare the sensor diagrams on the Caltech e-nose page to the MYDX white paper itself:
https://www.cdxlife.com/wp-content/uploads/MyDx_WhitePaper-1.pdf
And...
14 March 2017: Prof. Nate Lewis and group members are featured on Bill Gates’ blog following a visit to our labs last Fall.
20 October 2016: Bill Gates visits Caltech and the Lewis Group labs.
Here is Dr. Royea featured on the Gates Foundation site:
My reason in pointing this stuff out is that the device, its sensors, and its capabilities are no joke, nor were its developers.
http://www.nextdimensiontech.com/technology.htm
Dr. Royea put his face and his company's name on the Indiegogo campaign, as well as the White Paper, and was directly involved in the device's development up until this past December 2016. However, it is confirmed too within the same filing that NDT is still a partner in the big picture and it was confirmed that both parties desire to engage in future joint development projects too:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11782542
https://www.indiegogo.com/projects/mydx#/
The MYDX device and cannabis testing in general are both still misunderstood by the general public for now. Also, many laboratories appear to be envious towards the device because it could potentially take away a huge chunk of their business.
Do you know any individuals who pay labs to test their personal marijuana supply? I doubt it and for good reason. It's typically around 70 dollars cash minimum per single test, requires several grams of MJ that will be destroyed, and you have to deliver the samples in person. MYDX only requires 50mg of sample. That's 70 times less sample required per test versus the lab required amount needed to test.
Also, you have to hope that the sample you give a lab is representative of what is actually smoked as dispensary weed is batch tested. Labs don't test each bit of what people buy from dispensaries, they test select pieces from a batch. Consumers have been forced to trust dispensaries who pay a possibly unscrupulous lab for results. Four different labs will give you four different results. Some labs may give better results for more return business:
INCONSISTENT CANNABIS TESTING
Here is a recent MUST READ Forbes article about the cannabis laboratory testing industry:
Cannabis Lab Testing Is The Industry's Dirty Little Secret:
https://www.forbes.com/sites/debraborchardt/2017/04/05/cannabis-lab-testing-is-the-industrys-dirty-little-secret/#330c840a1220
There is definitely intrinsic consumer demand for the device, but IMO, education about cannabis analysis is key.
I think I may have found a little gold nugget possibly. I'm not sure how much you made it through the Next Dimension Technologies and Dr. William Royea stuff that I sent you but I just came across an exclamation point!
It turns out that our same Dr. William Royea of Next Dimension Technologies also owns a firm named LPR Capital Inc.:
https://www.wealthminder.com/financial-advisors/advisory-firms/LPR-capital-inc/crd/111580
http://www.LPRcapital.com/
LPR Capital Inc. shows assets of $31,149,221 as of September 2016 and Dr. Royea is a registered Broker Dealer with CRD# 5025461 since 11/20/2015:
https://www.brightscope.com/financial-planning/firm/657860/LPR-Capital-Inc/
https://brokercheck.finra.org/search/genericsearch/grid
https://www.adviserinfo.sec.gov/IAPD/IAPDIndvlSummary.aspx?INDVL_PK=5025461
Extremely Interesting stuff as Dr. Royea was so integral in the analyzer's development.
Here is more concise info on Dr. Royea and LPR Capital. The information has just been updated on 3/31/2017:
https://www.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=444663
https://www.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=444661
Here's some info on the device and app. to add to our MYDXnotes:
MYDX Help Menu FAQ excerpts:
CannaDx-Beta Quickstart Guide:
https://www.cdxlife.com/quickstart-video/
Application Note 1. Learn how to reveal THCa and CBDa values and the new MyDx HPLC Database. How the myAlgorithm feature works. Learn about the Sharing Features.
http://us3.campaign-archive1.com/?u=ac8d506527d75958a177ab8ca&id=2567a7574b&e=[UNIQID]
Application Note 2. Learn how MyDx Now Predicts a Feeling. How to find Similar Strains in community of MyData. How to Brand and Promote your strains.
http://us3.campaign-archive2.com/?u=ac8d506527d75958a177ab8ca&id=e13fbad0b7&e=[UNIQID]
Application Note 3. See CannaDx crowdsourced data at work. Listen to founder on his vision for CannaDx.
http://us3.campaign-archive1.com/?u=ac8d506527d75958a177ab8ca&id=9d6d217bd6&e=[UNIQID]
Here is the MYDX's recently amended Core Patents from NDT and Dr. Nathan Lewis is the inventor on every single one of them. Following are the NDT NONEXCLUSIVE LICENSED PATENT RIGHTS listed in Exhibits A and B:
CNN video of Bill Gates mentioning Dr. Lewis:
http://www.cnn.com/videos/world/2015/12/11/solar-energy-to-fuel-sutter-pkg.cnn
Dr. Lewis and his Department at Caltech:
http://nsl.caltech.edu/home/people/nathan-s-lewis/
EXHIBIT C
CORE PATENT RIGHTS
Methods for remote characterization of an odor
US 7359802 B1
https://www.google.com/patents/US7359802?dq=7,359,802&hl=en&sa=X&ved=0ahUKEwj94siE46PTAhXEYiYKHccWBSgQ6AEIIzAA
Sensors for detecting analytes in fluids
US 6093308 A
https://www.google.com/patents/US6093308?dq=6,093,308&hl=en&sa=X&ved=0ahUKEwjy2ZLD5KPTAhXJ4yYKHXzAAj8Q6AEIIzAA
Sensor arrays for detecting analytes in fluids
US 6013229 A
https://www.google.com/patents/US6013229
Sensor arrays for detecting analytes in fluids
US 6010616 A
https://www.google.com/patents/US6010616
Sensor arrays for detecting analytes in fluids
US 5959191 A
https://www.google.com/patents/US5959191
Sensor arrays for detecting analytes in fluids
US 5951846 A
https://www.google.com/patents/US5951846
Sensors for detecting analytes in fluids
US 5911872 A
https://www.google.com/patents/US5911872
Sensor arrays for detecting analytes in fluids
US 5891398 A
https://www.google.com/patents/US5891398
Sensors for detecting analytes in fluids
US 5788833 A
https://www.google.com/patents/US5788833
Sensor arrays for detecting analytes in fluids
US 5698089 A
https://www.google.com/patents/US5698089
Sensor arrays for detecting analytes in fluids
US 5571401 A
https://www.google.com/patents/US5571401
Methods for remote characterization of an odor
US 7966132 B2
https://www.google.com/patents/US7966132?dq=7,966,132&hl=en&sa=X&ved=0ahUKEwitlN_U56PTAhUCJCYKHcheBwEQ6AEIJTAA
Method of resolving analytes in a fluid
US 6571603 B1
https://www.google.com/patents/US6571603?dq=6,571,603&hl=en&sa=X&ved=0ahUKEwjOgqXq56PTAhWE0iYKHarFD3gQ6AEIIzAA
Method and system for determining analyte activity
US 6350369 B1
https://www.google.com/patents/US6350369?dq=6,350,369&hl=en&sa=X&ved=0ahUKEwj8qP7-56PTAhWBRSYKHTynDyEQ6AEIJTAA
v/r
Sterling
What you are about to read is some MYDX research that was provided too me per an investor in MYDX that have chosen to remain anonymous that do not post here within this IHub forum. I have his permission to post what he has shared with me because I believe it is significant for all MYDX shareholders to have this info within their notes regarding MYDX. If any of this have already been posted, then please forgive me for the redundancy.
Per the original Joint Development Agreement, which is up for renewal, with Next Development Technologies, Dr. William Royea was personally a very large contributor to the development of the MYDX Analyzer. He was in-house and hands on with MYDX during that time. He can also be seen as a contributor to the MYDX White Paper on it's title page. Here is who he is:
http://www.nextdimensiontech.com/management.htm
https://www.project-syndicate.org/commentary/nathan-s--lewis-and-william-j--royeathe-promise-of-solar-chemical-fuels
For some context, Dr. Royea's business partner, as seen in the above links, is Dr. Nathan Lewis.
Dr. Lewis has an entire department named after him at Caltech:
http://nsl.caltech.edu/home/people/nathan-s-lewis/
http://nsl.caltech.edu/home/
His initials, NSL, even precede the school in the URL… just as a FYO.
Dr. Lewis is the original Caltech developer of the electronic nose technology from NASA:
http://nsl.caltech.edu/research:nose
You can compare the sensor diagrams on the Caltech e-nose page to the MYDX white paper itself:
https://www.cdxlife.com/wp-content/uploads/MyDx_WhitePaper-1.pdf
And...
14 March 2017: Prof. Nate Lewis and group members are featured on Bill Gates’ blog following a visit to our labs last Fall.
20 October 2016: Bill Gates visits Caltech and the Lewis Group labs.
Here is Dr. Royea featured on the Gates Foundation site:
My reason in pointing this stuff out is that the device, its sensors, and its capabilities are no joke, nor were its developers.
http://www.nextdimensiontech.com/technology.htm
Dr. Royea put his face and his company's name on the Indiegogo campaign, as well as the White Paper, and was directly involved in the device's development up until this past December 2016. However, it is confirmed too within the same filing that NDT is still a partner in the big picture and it was confirmed that both parties desire to engage in future joint development projects too:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11782542
https://www.indiegogo.com/projects/mydx#/
The MYDX device and cannabis testing in general are both still misunderstood by the general public for now. Also, many laboratories appear to be envious towards the device because it could potentially take away a huge chunk of their business.
Do you know any individuals who pay labs to test their personal marijuana supply? I doubt it and for good reason. It's typically around 70 dollars cash minimum per single test, requires several grams of MJ that will be destroyed, and you have to deliver the samples in person. MYDX only requires 50mg of sample. That's 70 times less sample required per test versus the lab required amount needed to test.
Also, you have to hope that the sample you give a lab is representative of what is actually smoked as dispensary weed is batch tested. Labs don't test each bit of what people buy from dispensaries, they test select pieces from a batch. Consumers have been forced to trust dispensaries who pay a possibly unscrupulous lab for results. Four different labs will give you four different results. Some labs may give better results for more return business:
INCONSISTENT CANNABIS TESTING
Here is a recent MUST READ Forbes article about the cannabis laboratory testing industry:
Cannabis Lab Testing Is The Industry's Dirty Little Secret:
https://www.forbes.com/sites/debraborchardt/2017/04/05/cannabis-lab-testing-is-the-industrys-dirty-little-secret/#330c840a1220
There is definitely intrinsic consumer demand for the device, but IMO, education about cannabis analysis is key.
I think I may have found a little gold nugget possibly. I'm not sure how much you made it through the Next Dimension Technologies and Dr. William Royea stuff that I sent you but I just came across an exclamation point!
It turns out that our same Dr. William Royea of Next Dimension Technologies also owns a firm named LPR Capital Inc.:
https://www.wealthminder.com/financial-advisors/advisory-firms/LPR-capital-inc/crd/111580
http://www.LPRcapital.com/
LPR Capital Inc. shows assets of $31,149,221 as of September 2016 and Dr. Royea is a registered Broker Dealer with CRD# 5025461 since 11/20/2015:
https://www.brightscope.com/financial-planning/firm/657860/LPR-Capital-Inc/
https://brokercheck.finra.org/search/genericsearch/grid
https://www.adviserinfo.sec.gov/IAPD/IAPDIndvlSummary.aspx?INDVL_PK=5025461
Extremely Interesting stuff as Dr. Royea was so integral in the analyzer's development.
Here is more concise info on Dr. Royea and LPR Capital. The information has just been updated on 3/31/2017:
https://www.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=444663
https://www.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=444661
Here's some info on the device and app. to add to our MYDXnotes:
MYDX Help Menu FAQ excerpts:
CannaDx-Beta Quickstart Guide:
https://www.cdxlife.com/quickstart-video/
Application Note 1. Learn how to reveal THCa and CBDa values and the new MyDx HPLC Database. How the myAlgorithm feature works. Learn about the Sharing Features.
http://us3.campaign-archive1.com/?u=ac8d506527d75958a177ab8ca&id=2567a7574b&e=[UNIQID]
Application Note 2. Learn how MyDx Now Predicts a Feeling. How to find Similar Strains in community of MyData. How to Brand and Promote your strains.
http://us3.campaign-archive2.com/?u=ac8d506527d75958a177ab8ca&id=e13fbad0b7&e=[UNIQID]
Application Note 3. See CannaDx crowdsourced data at work. Listen to founder on his vision for CannaDx.
http://us3.campaign-archive1.com/?u=ac8d506527d75958a177ab8ca&id=9d6d217bd6&e=[UNIQID]
Here is the MYDX's recently amended Core Patents from NDT and Dr. Nathan Lewis is the inventor on every single one of them. Following are the NDT NONEXCLUSIVE LICENSED PATENT RIGHTS listed in Exhibits A and B:
CNN video of Bill Gates mentioning Dr. Lewis:
http://www.cnn.com/videos/world/2015/12/11/solar-energy-to-fuel-sutter-pkg.cnn
Dr. Lewis and his Department at Caltech:
http://nsl.caltech.edu/home/people/nathan-s-lewis/
EXHIBIT C
CORE PATENT RIGHTS
Methods for remote characterization of an odor
US 7359802 B1
https://www.google.com/patents/US7359802?dq=7,359,802&hl=en&sa=X&ved=0ahUKEwj94siE46PTAhXEYiYKHccWBSgQ6AEIIzAA
Sensors for detecting analytes in fluids
US 6093308 A
https://www.google.com/patents/US6093308?dq=6,093,308&hl=en&sa=X&ved=0ahUKEwjy2ZLD5KPTAhXJ4yYKHXzAAj8Q6AEIIzAA
Sensor arrays for detecting analytes in fluids
US 6013229 A
https://www.google.com/patents/US6013229
Sensor arrays for detecting analytes in fluids
US 6010616 A
https://www.google.com/patents/US6010616
Sensor arrays for detecting analytes in fluids
US 5959191 A
https://www.google.com/patents/US5959191
Sensor arrays for detecting analytes in fluids
US 5951846 A
https://www.google.com/patents/US5951846
Sensors for detecting analytes in fluids
US 5911872 A
https://www.google.com/patents/US5911872
Sensor arrays for detecting analytes in fluids
US 5891398 A
https://www.google.com/patents/US5891398
Sensors for detecting analytes in fluids
US 5788833 A
https://www.google.com/patents/US5788833
Sensor arrays for detecting analytes in fluids
US 5698089 A
https://www.google.com/patents/US5698089
Sensor arrays for detecting analytes in fluids
US 5571401 A
https://www.google.com/patents/US5571401
Methods for remote characterization of an odor
US 7966132 B2
https://www.google.com/patents/US7966132?dq=7,966,132&hl=en&sa=X&ved=0ahUKEwitlN_U56PTAhUCJCYKHcheBwEQ6AEIJTAA
Method of resolving analytes in a fluid
US 6571603 B1
https://www.google.com/patents/US6571603?dq=6,571,603&hl=en&sa=X&ved=0ahUKEwjOgqXq56PTAhWE0iYKHarFD3gQ6AEIIzAA
Method and system for determining analyte activity
US 6350369 B1
https://www.google.com/patents/US6350369?dq=6,350,369&hl=en&sa=X&ved=0ahUKEwj8qP7-56PTAhWBRSYKHTynDyEQ6AEIJTAA
v/r
Sterling
Exit Strategy & Etiquette Thoughts for a Stock
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128822531
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.