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Re: Wingus37 post# 65204

Tuesday, 05/08/2018 12:44:03 PM

Tuesday, May 08, 2018 12:44:03 PM

Post# of 107737
Why?

Even if the court gave $29 Mil to MYDX, it still doesn't cover the already accumulated shareholder deficit.

And let's be honest, if the settlement is $29M, lawyers get about $10M, and the rest is payable over 10 years. So $1.9M annually. After paying General Administrative expenses, and Yazbeck's salary/bonus...that is gone.

So really, what is the lawsuit truly worth besides keeping bad that should not have been hired in the 1st place, from trade MYDX stock. So MYDX will be vindicated, but broke.

FYI, MYDX won't see any of the money, as the defendants will just declare bankruptcy.

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