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WeWillSee44

03/20/17 6:50 PM

#26394 RE: Bed Bath & Beyonce #26393

From the PR:


"To say the least, the last few weeks have been a battle where we are proud to share that we fought hard and won in reaching a resolution for the convertible note liabilities on our balance sheet,"


"As of today, the remaining principle balance owed by the Company pursuant to its convertible promissory notes is $35,000, eligible for payoff and not convertible into equity prior to May 13, 2017."

It doesn't say all because technically there is SOME left. However it states how much....

Stock_Goodies

03/21/17 12:22 AM

#26441 RE: Bed Bath & Beyonce #26393

Some easy DD would have answered these, but I'd be happy to answer them for you and any other new/novice investors.

The loss in revenue from Q2 to Q3 was due to a large amount of preorders in Q2. This is nothing new and common knowledge for anyone who has been following mydx for a while.

The increase in shares is also nothing new and common knowledge. Anyone who has been here longer than a few weeks knows about the dilution.

You're right, it does not say "we do not owe money to anybody", it says "we owe $35k on the Vista note." When this is paid off using the first $100k from BLM, before it is available to convert, then MyDx will be debt free, within 30 days as I stated.