InvestorsHub Logo
Followers 71
Posts 1840
Boards Moderated 0
Alias Born 03/10/2017

Re: None

Friday, 07/14/2017 9:44:06 AM

Friday, July 14, 2017 9:44:06 AM

Post# of 107737
THE THING ABOUT BUILDING A BUSINESS. IT TAKES TIME.

This is no secret to business owners world wide. "Rome was not built in a day" speaks volumes in the business world. MYDX has come from idea, to start up, to R&D, to production, to revenue in a few short years. Most OTC stocks have been in start up mode for years, some decades.

Progression over the last 10 months has been exceptional. MYDX went from deep in toxic debt to toxic free. They have had every start up issue one can have yet still pushed through. Interestingly you can notice the drastic changes started with decreasing overhead, focus on core objectives and streamlining of the business model.

Unfortunately tough choices are seldom welcomed with open arms. I commend management for staying the course through the ups and downs of "public company" ownership. This was made decidedly less challenging by reducing staff to contract basis and out sourcing.

Not enough credit has been given to the fact that many of the original management, while no longer holding an on paper position, are still very active in the MYDX network. Yes part of this is due to substantial investment in MYDX of both time and money. But they also believe in the idea of Trust & Verify. This is not a cannabis sector only device. In time the idea will reach every table in the world.

I will not predict MYDX will be the at this table in the end but the fact is they are the first and only one at the present. I personally foresee this device morphing into one with a cellular device to eventually be able to verify almost any substance as technology improves. MYDX has years of work ahead of them!

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.