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Replies to post #18929 on MyDx Inc. (fka MYDX)

Replies to #18929 on MyDx Inc. (fka MYDX)

RadioSilent

12/14/16 10:37 AM

#18934 RE: Frayed Knot #18929

So, if you owned 3m shares 6 months ago you would have owned 50% of the company. Now that same 3m shares controls roughly 1.5%.

So, how does a company justify doing this? All shareholders would be diluted equally, so the CEO's shares are now worth 3% of their value 6 months ago, too. Maybe the answer relates to a different class of stock (preferred)?

I'm strictly a speculator here. I have 750k shares at .0074, so if it goes to zero it's not the end of the world. I really feel for anyone that invested in this mess 6 months (2 months???) ago.

Best of luck. Some of this should be - and perhaps is - illegal.

MOONSHOT

12/26/16 10:22 PM

#19393 RE: Frayed Knot #18929

wow this is straight fraud...

starkd748

12/27/16 12:29 AM

#19394 RE: Frayed Knot #18929

Ouchy lotta shares out there..... This one had a good mj run which is far over now...the company killed it...

WHIP THE HORSE

12/30/16 12:01 PM

#20506 RE: Frayed Knot #18929

Hundreds of millions of toxic spiral debt coming to MYDX in the near future. It is doomed to go bankrupt, IMO

Billem

02/03/17 10:20 AM

#22503 RE: Frayed Knot #18929

When I look at the chart ...I am almost 100% sure the only cause for stock down trend this long is dilution. Dilution = stay away till it is done, but you will not know when they will stop taking more loans. When you know, it's too late.

Stock_Goodies

03/17/17 2:43 PM

#25684 RE: Frayed Knot #18929

This useless sticky needs to be removed. It is outdated and completely irrelevant at this point. There is now only $35k worth of debt and will be paid off with the $217,000 payment from BLM before it's even eligible to convert. MyDx is DEBT FREE and DILUTION IS OVER.

Goodbuddy4863

03/21/17 4:37 PM

#26943 RE: Frayed Knot #18929

Nothing has changed!

But the share price has been going upward.

How do You explain the 5 day Chart?
https://finance.yahoo.com/quote/MYDX/?p=MYDX

Go:

$$$$$$ MYDX $$$$$$

doctoron

04/30/17 6:24 PM

#38048 RE: Frayed Knot #18929

Thank you for taking the time to compile and post not just your thoughts and feelings, but also citing references. If you don't mind, do you think that pumping this process of debt and dilution is unique for startups and if not, less or more worrisome for investors? Do you know of any other company that may have used this as a path to success? How much weight do you give to the moat that MYDX has with regard to their sizable IP/patent portfolio? Thanks.