Addressing what was mentioned earlier would be a nice start.
How can a company that has six times the operating expenses over the revenue it has generated in the three quarters in 2017 be deemed cash-flow positive? Just because a bill isn't paid and the money is left idle in a checking account doesn't mean it's cash-flow positive. If that was the case, there wouldn't be two trillion dollars in credit card debt by Americans.
I'm not saying that this is a perfect company...but look around. This is pennyland. Here's a company that was on the Nasdaq. Fell back, had problems, but is clawing it's way back up. It actually HAS products. It actually HAS a strategy. It actually HAS sales. It actually FILES sec quarterly reports. Last year the Q was audited. It's trading at .004. It was at .022 last Spring. It's moved over 25% today. This one has possibilities.
I agree about your sentiment about not being a perfect company, and how there are many, many others that are either better, similar or much worse out there in penny land.
- The difference being with MYDX, those imperfections are very significant. A portion of $1,700,000 that went to a China deal that involves a company that is currently under SEC investigation (Lynx Consulting).
- Where are the other products that have been sitting on MYDX's website for over a year now (AeroDX, OrganaDX, AquaDX)?
- What about that $178k that was reported in the Q1 2017 financials, that "head start" for Q2 2017, only to show $126k in Q2 2017 revenue? No red flags there?!
Back to the initial point, how can anybody (person or company) say they are cash flow positive when it is abundantly clear there are significant debts that need to be paid? And these debts are much higher than the company's revenue.