Incorrect. As you know, a statement of cash flows is broken down into Operating Cash Flow and Investing Cash Flow. The items that you mentioned would only affect Investing Cash Flow.
MYDX showed positive cash flow for both Operating and Investing Cash Flow.
Why would I tell you that they are not liable for their accounts payable? I'm dealing with the facts here. Of course they are liable for their AP.
Equally true, based on the SEC filings available:
- the $6.6 million dollar number that some like to throw around on this board is ABSOLUTELY NOT THE SAME as $1.2m of AP. THIS COMPANY DOES NOT HAVE LOOMING CASH PAYMENTS OF $6.6M.
- The "total amount due," whether it's AP, debt, or some other form of liability, is at it's lowest point since Q1-16
- Convertible notes were virtually non-existent as of the last reporting...only $13k, down from a high of $455k in Q2-16 (full disclosure, this doesn't include notes due to Daniel Yazbeck taken in lieu of salary)
