Replies to post #103108 on MyDx Inc. (fka MYDX)

[Adam16]

They still have roughly another year to get current with the SEC imo

[VerifyandTrust]

Funny, cause that is not an SEC delinquency list.
https://www.sec.gov/divisions/enforce/delinquent/delinqindex.htm

That link is only the actions the SEC enforcement actions, orders, and opinions issued by the Commission in administrative proceedings relating to delinquent filings.

As an investor, if you wait until SCAMydx is on that list to believe SCAMydx is a scam...the investment will a -100% ROI vs. a -99% ROI SCAydx currently is for longs.

SEC enforcement does not have the manpower to file actions on all delinquent companies every quarter in every markert when they miss a filing. In the OTC world, they typically do not pursue action until a filing company is a year or more late...or someone has raised red flags and mentioned SCAMydx with the SEC or FINRA.

Here's a better read regarding SCAMydx (and it's investors), that will explain a little more about microcaps and the SEC.

https://www.sec.gov/reportspubs/investor-publications/investorpubsmicrocapstockhtm.html

Pay close attention and reading under the heading "What's So Important About Public Information?", as SCAMydx hits 3 of 5 targets for "Fraud involving microcap stocks often depends on spreading false information. Here's how some fraudsters carry out their scams:"

SCAMydx is certainly red for using Internet Fraud, Paid Promoters and beyond Questionable Press Releases.

For those that don't want to DD and click the link, I've quoted that section below.

Email Spam Fraudsters distribute junk e-mail or "spam" over the Internet to spread false information quickly and cheaply about a microcap company to thousands of potential investors. Spam allows the unscrupulous to target many more potential investors than cold calling or mass mailing.

Internet Fraud Fraudsters often use aliases on Internet bulletin boards and chat rooms to hide their identities and post messages urging investors to buy stock in microcap companies based on supposedly "inside" information about impending developments at the companies. For more information about Internet fraud and on-line investing, read Internet Fraud and Tips for Online Investing: What You Need to Know About Trading in Fast-Moving Markets.

Paid Promoters Some microcap companies pay stock promoters to recommend or "tout" the microcap stock in supposedly independent and unbiased investment newsletters, research reports, or radio and television shows. Paid promoters are generally behind the unsolicited "junk" faxes, e-mail messages, or high-end glossy mailers you may receive, touting a microcap company. The federal securities laws require the publications to disclose who paid them for the promotion, the amount, and the type of payment. But many fraudsters fail to do so and mislead investors into believing they are receiving independent advice.

"Boiler Rooms" and Cold Calling Dishonest brokers set up "boiler rooms" where a small army of high-pressure salespeople use banks of telephones to make cold calls to as many potential investors as possible. These strangers hound investors to buy "house stocks" - stocks that the firm buys or sells as a market maker or has in its inventory. To learn more about cold calling, read Cold Calling - Know Your Rights.

Questionable Press Releases Fraudsters often issue press releases that contain exaggerations or lies about the microcap company's sales, acquisitions, revenue projections, or new products or services. These fraudulent press releases are then disseminated through legitimate financial news portals on the Internet.