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MyDx Inc MYDX

MyDx Inc is a science and technology company and creator of MyDx (My Diagnostic). It is the first multi-use handheld chemical analyzer that will test for pesticides in the food, chemicals, and toxins in the air and the safety and potency of the cannabis samples. The business activities of the group are functioned through Consumer Products, Data Analytics, Biopharmaceutical, and Software as a Service segment. The company distributes its products through various channels, including e-commerce through the company's Website, direct to retail, amazon.com, and sales through affiliate partners. Geographically, the business activities are carried out through the region of United States.


EXPM:MYDX - Post by User

Comment by Goldenchanceon Aug 22, 2016 9:09am
326 Views
Post# 25163339

RE:RE:RE:RE:RE:Quite interesting but still to soon to buy

RE:RE:RE:RE:RE:Quite interesting but still to soon to buyQ2 results are not the problem, they are good. The problem is that the company has convertable outstanding debt that was converted in the beginning of august. 500.000 shares with a discount up to 40%. Those shares are being sold now and that's a problem if it is under the radar of other investors. Nothing changed at the outlook so I bought some more at $0,075............

It can go much lower if more debt is converted into shares with a discount. We have to wait for profitability that comes in Q4 of 2016..........
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