Replies to post #802 on MyDx Inc. (fka MYDX)

[DarthYoda]

I didn't mean that it is always the case that a lower share price benefits note holders, I just meant it for notes with certain terms like VWAPs(Volume Weighted Average Price) with discounts(toxic notes).

13G's are filed any time a non-insider is issued more than 5% of the common stock.

9.9% is not arbitrary in that if it were 10% or higher, there would be a form 3,4,5 filed and not a 13G. A 13G is an alternative to a 13D which has more reporting requirements. 9.9% is commonly seen with 13D's and 13G's

Without looking at the filings again, I'm not even sure what shares we are actually dealing with right now. I have to look again, it's been a while now. I'll be going through the filings tonight.

[DarthYoda]

VWAP is calculated by adding up the dollars traded for every transaction (price multiplied by number of shares traded) and then dividing by the total shares traded for the day.

http://www.investopedia.com/terms/v/vwap.asp

When it is the Average Bid price(minus a discount) that determines the conversion, that is when they are prone to dump with an agenda IMO.

I'm sure there are others on this board who can explain it better.