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Huggy Bear

08/22/17 10:03 PM

#125532 RE: Arthur #125512

Thanks for the input Arthur. Income magically appeared, that's for sure. Except none of it is actual income. And there are more current liabilities than 473K, but not a problem I guess as MYDX has a history of utilizing Section 3 (a)(10) exemptions with Oshana.

I find it disingenuous to claim these derivatives as income when the actual revenue was 126K total, and as you noted, continuing operating losses every quarter.

The claim in the press release makes it sound as if MYDX now magically had three million in actual income (cash or equivalents) when nothing is further from the truth.

Just derivative accounting which I still do not comprehend.