San Diego, CA -
(NewMediaWire) - August 7, 2019 - MyDx, Inc. (OTC: MYDX), a leader in
science based cannabis health technologies, today issued a press release with
the following letter to shareholders.
Dear Shareholder,
I hope this letter finds you well.
I would like to take this opportunity to share with you an important status
update for the company.
Unfortunately, effective August 1, 2019, Mr. Erai Beckman and Mr. Matthew
Bucciero resigned from their positions as board member and CEO/CFO of MyDx,
respectively.
While I must continue to honor previous obligations outside of MyDx
that will prevent me from formally committing to the role of CEO/CFO at this
time, I declare my full support to MyDx in order to set it on the right track
to expand and prosper again with a new set plan of action.
I want to thank loyal shareholders for their continued faith and support of
MyDx and reiterate my commitment to do the best I can to move the company
forward.
Kind Regards,
Daniel Yazbeck
About MyDx, Inc.
MyDx, Inc. (OTC: MYDX) is a leader in science based cannabis health technology
with a focus on understanding the cannabis brand preferences of consumers and
patients. MyDx is working on implementing this vision by creating some of the
most advanced consumer smart devices, applications, and services all working
together towards creating one of the largest crowdsourced databases of consumer
and patient feedback that ties physiological effects to specific cannabinoid
and terpene profiles. The company believes this is the kind of database that
can drive the future of medicine for the global cannabis industry.
Forward-Looking Statements
This news release contains "forward-looking statements" as that term
is defined in Section 27(a) of the Securities Act of 1933, as amended, and
Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements
may contain certain forward-looking statements pertaining to future anticipated
or projected plans, performance and developments, as well as other statements
relating to future operations and results. Any statements in this press release
that are not statements of historical fact may be considered to be
forward-looking statements. Words such as "may," "will,"
"expect," "believe," "anticipate,"
"estimate," "intends," "goal,"
"objective," "seek," "attempt," or variations of
these or similar words, identify forward-looking statements. These
forward-looking statements by their nature are estimates of future results only
and involve substantial risks and uncertainties, including but not limited to
risks associated with the uncertainty of future financial results, additional
financing requirements, development of new products, our ability to complete
our product testing and launch our product commercially, the acceptance of our
product in the marketplace, the uncertainty of the laws and regulations
relating to cannabis, the impact of competitive products or pricing,
technological changes, the effect of economic conditions and other
uncertainties detailed from time to time in our reports filed with the
Securities and Exchange Commission, available at https://ir.mydxlife.com/all-sec-filings or www.sec.gov.
MyDx Shareholder Communications
800.814.4550 ext. 4
ir@mydxlife.com