InvestorsHub Logo

Bed Bath & Beyonce

12/10/18 6:12 PM

#77853 RE: VerifyandTrust #77843

Likely, but I think it would take the form of a new separate entity formation and full re-branding.
Too much dirt associated with the four letters mydx to continue that as a viable long-term brand.


Agreed -- hence the "Mr. Cannabis" brand name, and why Yazbeck stepped down in title only (but still controls everything). It'll be Bucciero's name to sign the paperwork.

Fresh books, fresh start is the only path LT investors and established reputable investments groups will back the vision.


Right, and erase everything with the MYDX name to it.

Would be pretty painless since there are limited to no legally binding manufacturing, marketing, research, distribution, and licensing agreements in place.


Yup, the value of those "verbal agreements." Though I'm sure the one Humanity (part owned by Beckmann) agreement and the two agreements with Beckmann personally would still be paid out of course.

But I figure that will be 18-24 months from now.


8-K says agreement is through 11/9/21, but after 4/10/19 can be terminated with 90 days written notice by either party for any reason. I think they have a plan already.

One catch is that I doubt they would be able to get the $5M in financing as MYDX (the path to the instant 22.5% share). They would likely have to re-brand first or dilute the living crap after the reverse split and issue more warrants. No idea how long it takes to execute reverse merger, but if it can be done in six months, I would bet that's happening.

Need to fully dilute further and make sure the 6 hands are well compensated before closing the current ATM.


Yup, squeeze as much orange juice as possible and keep the gullible going. But looking back at how long this was in the works, I think they already know what they are going to do and when....probably just a matter of getting to the holidays to file some ugly paperwork to bury it as best as possible.