Replies to post #44490 on MyDx Inc. (fka MYDX)

[Letsbefrank1]

Exactly! If this thing had only $78k in debt, the SP would be massive. It doesn't, and it's not.

[Huggy Bear]

Let's back out the derivatives for the sake of transparency. There is approx. 1.8 million in current debt load.

And MYDX sales are under 100K per quarter, with over 500K in General and Administrative expense - basically Yazbeck and the minor insider players here.

It's an enrichment scheme all right, and the non disclosing promoters have their hands in the cookie jar as well.

[RadioSilent]

No - that's not correct. The 78k IS the asset based loans and convertible notes. Look at the Q...it's right there.

This has nothing to do with accounting trickery. With all due respect, you're just missing the nuances of the derivative liability.