MyDx Inc. (fka MYDX)

[Werbe]

Impossible. Unless they create a new product that they can produce themselves. Last year they had sales of 800k, 670k from actual product, and 130k from licensing of data. Out of that 800k it took near 500k to produce the products. That left 300k profit... Now lets count the operating expenses of 4.2 million... 700k for R&D,1.9m for sales and marketing and 1.8 million for general and admin. Now lets count the other expenses of 11 million.. That leaves a whopping 16.5 million loss for one business year. It would take a miracle product outside of Mr Yaz's control to save this.. Even the data isnt worth much since toxic financing allowed by Mr Yaz has left this company a trainwreck.