MedX Holdings, Inc. ($MEDH) - Path to an 70X Return
💡 Welcome to Make Money, part of the Finance Frontier AI podcast network — where we break down asymmetric opportunities by focusing on structure, survival, and right-tail probability rather than hype. In this episode, Max Vanguard, Sophia Sterling, and Charlie Graham analyze MedX Holdings, Inc. ($MEDH), a cannabis-adjacent microcap operating at the intersection of retail franchising, hospitality, and embedded software — and why it represents a long-dated equity option with a potential 70X right-tail outcome if execution aligns.
🔹 Current Price — $0.0009 (OTC Pink).
🔹 1-Year Outcome Range — Survival validation or thesis break (no price prediction).
🔹 5-Year Right-Tail Scenario — ~$0.06–$0.07 (≈70×) if franchising and platform monetization scale.
🔹 FY25 Revenue Guidance — ~$1.5M (company guidance).
🔹 Q3 2025 Revenue — $568K; nine-month revenue: $1.29M (+130% YoY).
🔹 Operating Status — Reported operating profitability in Q3 2025.
🔹 Primary Assets — LazyDaze + Coffeeshop franchise system, Leaf-trak POS platform, Smart Brand Digital.
📊 The Asymmetric Framework
Most OTC microcaps fail. MEDH is not an unfiltered case. It already shows real revenue, current filings, operating locations, and early profitability.
After filtering for companies with functioning businesses and regulatory compliance, outcomes over five years roughly look like this:
🔸 ~60% fail or dilute heavily.
🔸 ~25% survive without meaningful upside.
🔸 ~10% reach moderate success (5–10×).
🔸 ~2–4% achieve a true right-tail outcome through national scale and platform monetization.
This episode is not about prediction.
It defines what must happen to stay alive, and what must happen to earn a 70× outcome.
🧱 12-Month Survival Gate
For the thesis to remain valid over the next year, MEDH must:
✅ Maintain operating profitability without emergency dilution.
✅ Convert signed franchise agreements into operating, cash-flowing locations.
✅ Demonstrate early third-party adoption of Leaf-trak beyond internal use.
✅ Preserve Pink Current status with timely, clean filings.
Failure at this stage does not lead to “underperformance.” It leads to capital loss.
🚀 5-Year Right-Tail Gate
A true 70× outcome requires structural transformation:
🔹 Franchising evolves from founder-led execution into a repeatable system.
🔹 Leaf-trak becomes a standalone, revenue-generating platform used by external operators.
🔹 Capital discipline remains intact — growth funded organically or via non-dilutive structures.
🔹 Share structure and governance mature enough to support an uplist and institutional access.
Without these changes, upside compresses sharply.
⚖️ Kill Signals (When the Math Breaks)
🔻 Filing delays, amendments, or loss of Pink Current status.
🔻 Franchise announcements that fail to translate into openings over 12–18 months.
🔻 Rising share count without proportional EBITDA growth.
🔻 Management narrative drift into unrelated “hot” sectors.
These are not red flags — they are exit signals.
🎯 Portfolio Construction & Allocation
🔹 Base Allocation — ~1% position size.
🔹 Scaling Rule — Exposure must be earned through execution milestones.
🔹 Mindset — Most outcomes are zero. The strategy works because one winner pays for many losses.
🧠 Why This Setup Is Asymmetric
🔹 Valuation Asymmetry — Market prices MEDH as a fragile microcap, not a scalable system.
🌐 Explore More Asymmetric Frameworks
📢 Visit FinanceFrontierAI.com for all episodes across the network — Make Money, AI Frontier AI, Finance Frontier, and Mindset Frontier AI.
📲 Follow us on X for asymmetric setups, structural risk analysis, and right-tail thinking.
🎧 Subscribe on Apple Podcasts and Spotify to stay ahead of re-ratings before they are obvious.
🔥 Leave a 5-star review and share with a friend. Signal beats noise.
🎤 Have a company, thesis, or asymmetric setup that fits money, AI, or structural investing? We may feature it in a future episode. 📬 Submit your pitch here.
1
00:00:10,120 --> 00:00:15,600
Picture this, a micro cap
trading at 0.00009.
2
00:00:15,960 --> 00:00:19,640
No hype, no volume spike, just a
company quietly trying to
3
00:00:19,640 --> 00:00:22,280
survive.
Today we are not pitching a
4
00:00:22,280 --> 00:00:24,520
stock, we are dissecting a
question.
5
00:00:24,840 --> 00:00:28,360
What would have to be true for
Medics Holdings to ever justify
6
00:00:28,360 --> 00:00:31,520
a 70 times outcome?
This is a make money case study
7
00:00:31,520 --> 00:00:33,040
in asymmetry.
Most.
8
00:00:33,040 --> 00:00:35,440
People here 70 times and they
shut their brain off.
9
00:00:35,720 --> 00:00:38,720
That is the wrong reaction.
The right reaction is to ask
10
00:00:38,720 --> 00:00:40,200
what structure would have to
change.
11
00:00:40,360 --> 00:00:42,840
Not price, not sentiment.
Structure.
12
00:00:43,200 --> 00:00:46,160
Because if structure does not
change, this goes to zero and
13
00:00:46,160 --> 00:00:48,520
stays there.
And before we go any further,
14
00:00:48,520 --> 00:00:50,880
let us be clear.
This is not a prediction.
15
00:00:51,040 --> 00:00:54,800
This is not a recommendation.
Micro caps fail all the time.
16
00:00:55,120 --> 00:00:57,880
Illiquidity is real.
Dilution is real.
17
00:00:58,120 --> 00:01:01,360
Opportunity cost is real.
The only reason to study this is
18
00:01:01,360 --> 00:01:03,360
to sharpen how you think about
asymmetric risk.
19
00:01:03,560 --> 00:01:06,680
Exactly.
In this episode, success does
20
00:01:06,680 --> 00:01:09,120
not need to happen for the
episode to be valid.
21
00:01:09,440 --> 00:01:11,400
Failure does not invalidate the
work.
22
00:01:11,520 --> 00:01:13,280
We are stress testing a
framework.
23
00:01:13,840 --> 00:01:17,080
We are asking what must happen
in the next 12 months and over
24
00:01:17,080 --> 00:01:20,760
five years for a fragile
business to become a small but
25
00:01:20,760 --> 00:01:23,960
durable platform.
And we will be explicit about
26
00:01:23,960 --> 00:01:27,800
sizing this Love's at 1%, not
more.
27
00:01:28,360 --> 00:01:31,560
You earn the right to scale only
if execution proves itself.
28
00:01:32,160 --> 00:01:34,960
If you are looking for comfort,
this is the wrong episode.
29
00:01:35,520 --> 00:01:37,920
If you were looking for clarity,
stay with us.
30
00:01:38,240 --> 00:01:41,280
I am joining from Austin.
I have spent the week reviewing
31
00:01:41,280 --> 00:01:44,400
failure paths in franchised
retail and cannabis adjacent
32
00:01:44,400 --> 00:01:47,240
businesses.
Most do not break because of one
33
00:01:47,240 --> 00:01:49,680
big mistake.
They break because small
34
00:01:49,680 --> 00:01:51,680
promises quietly stop
compounding.
35
00:01:52,040 --> 00:01:53,800
That is what I'll be watching
for today.
36
00:01:54,240 --> 00:01:56,880
I am in New York.
I've been working on asymmetric
37
00:01:56,880 --> 00:02:00,880
allocation math and how right
tail outcomes distort intuition.
38
00:02:01,440 --> 00:02:04,280
This episode is about slowing
that intuition down.
39
00:02:05,000 --> 00:02:07,800
I am in San Francisco.
I've been mapping where markets
40
00:02:07,800 --> 00:02:10,680
miss price survival.
Sometimes that mispricing
41
00:02:10,680 --> 00:02:13,920
creates opportunity, Most of the
time it creates traps.
42
00:02:14,560 --> 00:02:16,200
Let us figure out which this
could be.
43
00:02:16,480 --> 00:02:21,000
Subscribe on Apple or Spotify,
follow us on X and share this
44
00:02:21,000 --> 00:02:24,240
episode with a friend.
Help us reach 10,000 downloads.
45
00:02:24,400 --> 00:02:27,520
Help us keep the AI Frontier AI
series in business.
46
00:02:27,800 --> 00:02:31,200
Let us ground this in reality.
Medics Holdings trades around
47
00:02:31,200 --> 00:02:35,920
0.0009 today.
The company reported strong Q3
48
00:02:35,920 --> 00:02:39,640
momentum in 2025 with revenue
growth, positive operating
49
00:02:39,640 --> 00:02:41,920
income and expanding franchise
commitments.
50
00:02:42,120 --> 00:02:45,840
Those are facts, not opinions.
And context matters.
51
00:02:46,280 --> 00:02:49,400
This is not a blank shell.
There are real stores, real
52
00:02:49,400 --> 00:02:51,720
customers and real regulatory
exposure.
53
00:02:52,080 --> 00:02:56,240
The core asset is the Lazydays
Plus coffee shop concept paired
54
00:02:56,240 --> 00:02:59,520
with a franchise model and an
internal technology stack that
55
00:02:59,520 --> 00:03:03,240
management believes can scale.
But scale is the keyword.
56
00:03:03,520 --> 00:03:07,200
At roughly 1.5 million in
projected full year revenue,
57
00:03:07,440 --> 00:03:09,640
this is still a survival stage
business.
58
00:03:10,120 --> 00:03:13,600
Positive operating income is
encouraging, but it is fragile.
59
00:03:13,960 --> 00:03:16,840
One delay 1.
Cost overrun 1.
60
00:03:16,840 --> 00:03:18,920
Regulatory issue can reverse it
quickly.
61
00:03:19,080 --> 00:03:21,080
The business model has three
layers.
62
00:03:21,280 --> 00:03:25,040
First, company owned and
franchised Lazydays locations.
63
00:03:25,360 --> 00:03:28,520
Second, franchise fees and
royalties as the footprint
64
00:03:28,520 --> 00:03:31,480
grows.
Third, technology and services
65
00:03:31,480 --> 00:03:34,840
including the leaf track, point
of sale platform and smart brand
66
00:03:34,840 --> 00:03:37,720
digital support.
The idea is diversification
67
00:03:37,720 --> 00:03:41,200
inside a single ecosystem.
This is where many listeners get
68
00:03:41,200 --> 00:03:43,520
confused.
They hear cannabis and think
69
00:03:43,520 --> 00:03:46,600
commodity retail.
That is not the ambition here.
70
00:03:47,000 --> 00:03:51,360
The ambition is hospitality plus
compliance plus software.
71
00:03:51,760 --> 00:03:54,920
If that stack works together,
margins and repeatability
72
00:03:54,920 --> 00:03:57,480
improve.
If it does not, complexity
73
00:03:57,480 --> 00:03:59,960
becomes a liability.
I want to underline that last
74
00:03:59,960 --> 00:04:02,160
point.
Multiple business lines do not
75
00:04:02,160 --> 00:04:05,760
automatically reduce risk, they
often increase execution risk.
76
00:04:06,040 --> 00:04:09,160
The question is not whether Leaf
Trac exists, it is whether third
77
00:04:09,160 --> 00:04:11,520
parties will pay for it and
whether it works outside the
78
00:04:11,520 --> 00:04:15,080
founders own stores.
Recent disclosures point to five
79
00:04:15,080 --> 00:04:19,040
new franchise agreements across
Texas, Maryland and a flagship
80
00:04:19,040 --> 00:04:23,080
location planned for Las Vegas.
These are commitments, not
81
00:04:23,080 --> 00:04:27,560
revenue, Yet they matter only if
they open on time and operate as
82
00:04:27,560 --> 00:04:30,520
designed.
So today what exists is simple,
83
00:04:30,760 --> 00:04:33,640
A micro cap that has stabilized
operations, found early
84
00:04:33,640 --> 00:04:36,520
traction, and is attempting to
move from survival to
85
00:04:36,520 --> 00:04:38,840
validation.
Everything beyond that is
86
00:04:38,840 --> 00:04:42,200
optionality.
And optionality cuts both ways.
87
00:04:42,520 --> 00:04:46,040
The upside is large only because
the base is small and the odds
88
00:04:46,040 --> 00:04:48,520
are low.
That is the mental frame we need
89
00:04:48,520 --> 00:04:51,720
before we go any further.
Before anyone talks about a 70
90
00:04:51,720 --> 00:04:54,880
times outcome, we have to pass a
much harder test.
91
00:04:55,160 --> 00:04:58,000
Survival.
This segment is about one
92
00:04:58,000 --> 00:05:00,840
question only.
What must happen in the next 12
93
00:05:00,840 --> 00:05:03,360
months for this thesis to remain
alive at all?
94
00:05:03,680 --> 00:05:05,720
Not thrive.
Not rewrite.
95
00:05:06,120 --> 00:05:09,200
Simply stay alive.
I want to frame this as a gate.
96
00:05:09,400 --> 00:05:12,800
Most micro caps never pass it.
Out of 100 setups like this, the
97
00:05:12,800 --> 00:05:15,520
majority fail right here.
So the right way to think about
98
00:05:15,520 --> 00:05:19,400
the next year is not upside, it
is whether MEDH can clear 3
99
00:05:19,400 --> 00:05:21,840
survival conditions without
cheating the capital structure.
100
00:05:22,200 --> 00:05:25,240
Let me make that concrete
Condition one is operating
101
00:05:25,240 --> 00:05:27,400
reality.
The company reported operating
102
00:05:27,400 --> 00:05:31,320
profitability in Q32025 over the
next 12 months.
103
00:05:31,320 --> 00:05:34,400
That must repeat.
Not one good quarter, multiple
104
00:05:34,400 --> 00:05:37,160
clean quarters where revenue
covers operating costs without
105
00:05:37,160 --> 00:05:40,600
emergency financing.
If that breaks, dilution usually
106
00:05:40,600 --> 00:05:42,800
follows and the thesis weakens
fast.
107
00:05:43,080 --> 00:05:45,120
And this is where a lot of
investors fool themselves.
108
00:05:45,880 --> 00:05:47,800
Survival profitability is
different from growth
109
00:05:47,800 --> 00:05:49,720
profitability.
A single quarter can be a
110
00:05:49,720 --> 00:05:52,200
counting noise.
What matters is consistency.
111
00:05:52,200 --> 00:05:54,640
Same pattern, same margins, same
discipline.
112
00:05:54,760 --> 00:05:57,000
If they need the market to keep
the lights on, the option
113
00:05:57,000 --> 00:05:59,360
decays.
Condition 2 is conversion.
114
00:05:59,560 --> 00:06:02,800
Signed franchise agreements must
turn into open locations.
115
00:06:02,960 --> 00:06:07,560
Houston, Maryland, Vegas.
Paper deals do not count, Cash
116
00:06:07,560 --> 00:06:10,560
flowing stores do.
This is where repeatability gets
117
00:06:10,560 --> 00:06:13,360
tested.
If opening slip again and again,
118
00:06:13,560 --> 00:06:15,520
the model is not ready for
scale.
119
00:06:16,120 --> 00:06:18,800
This is critical.
The market has seen endless
120
00:06:18,800 --> 00:06:22,440
press releases about pipelines.
It only reprices when units open
121
00:06:22,440 --> 00:06:26,240
on time and behave similarly.
If every location is a special
122
00:06:26,240 --> 00:06:29,760
case, this is not a system.
And without a system, there is
123
00:06:29,760 --> 00:06:32,480
no right tail.
And there is a quiet risk here.
124
00:06:33,240 --> 00:06:36,200
Variation.
If some stores work and others
125
00:06:36,200 --> 00:06:38,880
struggle badly, that tells you
the model is fragile.
126
00:06:39,360 --> 00:06:41,880
A franchise system only works
when average operators can
127
00:06:41,880 --> 00:06:44,040
succeed, not just exceptional
ones.
128
00:06:44,320 --> 00:06:48,680
Condition 3 is platform proof.
The software must move from
129
00:06:48,680 --> 00:06:53,000
internal use to external
revenue, even small, even early.
130
00:06:53,440 --> 00:06:56,840
What matters is proof that
someone outside the company is
131
00:06:56,840 --> 00:06:59,880
willing to pay for it.
Without that, this remains a
132
00:06:59,880 --> 00:07:02,160
retail story, not a platform
story.
133
00:07:02,760 --> 00:07:05,880
If all three happen, survival
odds improve materially.
134
00:07:06,400 --> 00:07:10,320
Not success survival.
The company earns time.
135
00:07:10,640 --> 00:07:13,880
If even one fails, especially
through dilution or delayed
136
00:07:13,880 --> 00:07:16,920
filings, the probability curve
shifts sharply against
137
00:07:16,920 --> 00:07:19,440
shareholders.
And This is why we call this a
138
00:07:19,440 --> 00:07:21,240
gate.
You do not argue your way
139
00:07:21,240 --> 00:07:22,800
through it.
You either pass it or you do
140
00:07:22,800 --> 00:07:25,080
not.
That is the lens for the next 12
141
00:07:25,080 --> 00:07:27,680
months.
Not hope, not narrative
142
00:07:27,960 --> 00:07:31,120
structure.
Pass the survival gate and only
143
00:07:31,120 --> 00:07:33,480
then does the long term
conversation begin.
144
00:07:33,880 --> 00:07:35,800
Here's the real problem for
investors.
145
00:07:36,200 --> 00:07:38,920
In micro caps, almost everything
looks like a signal.
146
00:07:39,080 --> 00:07:41,960
Press releases, new locations,
social posts.
147
00:07:42,040 --> 00:07:45,320
But most of it is noise.
So the question is simple, what
148
00:07:45,320 --> 00:07:48,280
actually matters?
I will frame it this way.
149
00:07:48,680 --> 00:07:52,000
Signals reduce uncertainty,
Noise increases excitement
150
00:07:52,000 --> 00:07:56,200
without reducing risk.
For MEDHA, real signal is boring
151
00:07:56,200 --> 00:07:59,960
consistency, same store
economics, predictable margins
152
00:08:00,240 --> 00:08:02,560
on time filings.
And that boredom is
153
00:08:02,560 --> 00:08:04,760
uncomfortable.
People want catalysts.
154
00:08:04,760 --> 00:08:08,160
They want fireworks, but the
market only reprices micro caps
155
00:08:08,160 --> 00:08:10,840
when uncertainty drops, not when
hope rises.
156
00:08:11,320 --> 00:08:14,360
A good example is franchise
announcements. 1 Announcement
157
00:08:14,360 --> 00:08:16,600
means nothing.
Three locations opening on
158
00:08:16,600 --> 00:08:19,800
schedule with similar
performance starts to matter. 5
159
00:08:19,800 --> 00:08:21,400
Doing it makes people pay
attention.
160
00:08:21,720 --> 00:08:23,800
The same logic applies to leaf
track.
161
00:08:24,200 --> 00:08:27,400
A pilot is noise.
A pilot converting to a paying
162
00:08:27,400 --> 00:08:30,680
customer is signal.
Multiple customers renewing is a
163
00:08:30,680 --> 00:08:33,200
strong signal.
I will add one more filter.
164
00:08:33,640 --> 00:08:35,640
Watch what management stops
talking about.
165
00:08:36,039 --> 00:08:39,200
If a theme quietly disappears
from updates, that is often more
166
00:08:39,200 --> 00:08:41,320
informative than what is being
promoted loudly.
167
00:08:41,559 --> 00:08:44,480
This is operator thinking.
You are not reacting to
168
00:08:44,480 --> 00:08:47,360
headlines, you are tracking
repeatable outcomes.
169
00:08:47,760 --> 00:08:49,480
That is how you stay ahead of
sentiment.
170
00:08:49,720 --> 00:08:51,880
And This is why we slow the
episode down here.
171
00:08:52,080 --> 00:08:55,640
If you cannot separate signals
from noise, this entire
172
00:08:55,640 --> 00:08:58,800
framework collapses.
Here is the second anchor
173
00:08:58,800 --> 00:09:01,240
question.
What would actually have to go
174
00:09:01,240 --> 00:09:04,880
right over five years for a 70
times outcome to even be
175
00:09:04,880 --> 00:09:07,760
possible?
Not likely, just possible.
176
00:09:08,440 --> 00:09:12,600
First, franchising has to become
a machine, not a deal by deal
177
00:09:12,600 --> 00:09:14,880
effort.
Stores open on schedule.
178
00:09:15,280 --> 00:09:18,480
Economics look similar, Support
scales without breaking.
179
00:09:19,040 --> 00:09:22,240
That alone is a major filter.
And most companies fail right
180
00:09:22,240 --> 00:09:24,440
there.
Franchising exposes every
181
00:09:24,440 --> 00:09:27,320
weakness, training, compliance,
culture.
182
00:09:27,720 --> 00:09:31,840
If the core is fragile, scale
amplifies the damage. 2nd, the
183
00:09:31,840 --> 00:09:35,320
software and systems layer has
to mature into a real platform,
184
00:09:35,560 --> 00:09:38,760
not just technology that exists,
but technology that third
185
00:09:38,760 --> 00:09:42,720
parties rely on, Recurring
revenue, clear operational
186
00:09:42,720 --> 00:09:44,960
value.
This is where convexity can
187
00:09:44,960 --> 00:09:47,280
emerge.
A small platform that works does
188
00:09:47,280 --> 00:09:50,240
not need to dominate the
industry, it just needs to exist
189
00:09:50,240 --> 00:09:52,600
credibly.
That alone can change how the
190
00:09:52,600 --> 00:09:55,440
market values the business.
But timelines matter.
191
00:09:55,720 --> 00:09:59,280
Platform adoption is slow.
If adoption stalls or remains
192
00:09:59,280 --> 00:10:02,280
internal, only the five year
math compresses fast.
193
00:10:02,480 --> 00:10:06,320
Third, capital discipline must
hold growth funded through
194
00:10:06,320 --> 00:10:09,640
operations and partnerships, not
repeated dilution.
195
00:10:10,080 --> 00:10:13,400
Dilution does not kill upside,
but it lowers the payoff curve
196
00:10:13,400 --> 00:10:16,520
each time.
If these conditions align not
197
00:10:16,520 --> 00:10:19,560
perfectly but directionally, the
right tail stays alive.
198
00:10:20,160 --> 00:10:24,040
If one breaks, the 70 times
outcome does not fade slowly, it
199
00:10:24,040 --> 00:10:26,400
snaps.
That is the reality of equity
200
00:10:26,400 --> 00:10:30,280
options in public markets.
Most of the value comes from not
201
00:10:30,280 --> 00:10:32,640
breaking the structure.
This is the segment that
202
00:10:32,640 --> 00:10:36,120
separates thinking from hoping.
We need to talk base rates.
203
00:10:36,360 --> 00:10:39,120
Not stories, not conviction base
rates.
204
00:10:39,560 --> 00:10:42,240
Out of 100 micro caps like this,
most fail.
205
00:10:42,600 --> 00:10:45,360
That is the starting truth.
Let me put numbers on it.
206
00:10:45,800 --> 00:10:50,040
Roughly 80 collapse completely.
They burn cash, hit regulatory
207
00:10:50,040 --> 00:10:52,320
walls, or dilute until nothing
is left.
208
00:10:52,680 --> 00:10:56,160
Another 15 survive but destroy
shareholder value slowly.
209
00:10:56,600 --> 00:10:59,080
That leaves maybe 5 outcomes
worth discussing.
210
00:10:59,440 --> 00:11:03,600
And even inside those five, most
are not life changing. 4 might
211
00:11:03,600 --> 00:11:06,360
deliver modest wins 5 * 10
times.
212
00:11:06,360 --> 00:11:09,160
If everything goes right, only
one becomes a true right tail
213
00:11:09,160 --> 00:11:10,960
outcome.
That is the lottery ticket.
214
00:11:11,200 --> 00:11:14,800
This is why position sizing
matters more than belief.
215
00:11:15,320 --> 00:11:17,320
You are not betting on
certainty.
216
00:11:17,720 --> 00:11:21,080
You are buying exposure to a low
probability branch with
217
00:11:21,160 --> 00:11:24,640
asymmetric payoff.
That only works if you survive
218
00:11:24,640 --> 00:11:27,080
the failures emotionally and
financially.
219
00:11:27,560 --> 00:11:30,880
Now let us define kill signals,
not disappointments.
220
00:11:31,240 --> 00:11:34,760
Kill signals first.
Emergency dilution.
221
00:11:35,240 --> 00:11:38,400
If new shares are issued to fund
operations instead of growth,
222
00:11:38,720 --> 00:11:43,680
the option structure collapses.
2nd governance decay, late
223
00:11:43,680 --> 00:11:47,320
filings, amended reports,
communication that gets less
224
00:11:47,320 --> 00:11:51,760
precise over time in micro caps.
Credibility is not soft, it is
225
00:11:51,760 --> 00:11:56,800
the asset. 3rd franchise drift
deals that stay signed but
226
00:11:56,800 --> 00:12:00,120
unopened.
Locations that open and quietly
227
00:12:00,120 --> 00:12:03,040
underperform.
That tells you the model is not
228
00:12:03,040 --> 00:12:05,560
repeatable.
Without repeatability, there is
229
00:12:05,560 --> 00:12:09,120
no right tail. 4th narrative
pivots.
230
00:12:09,760 --> 00:12:13,200
When management shifts focus
every quarter, the company stops
231
00:12:13,200 --> 00:12:15,120
compounding and starts
improvising.
232
00:12:15,600 --> 00:12:17,480
That is usually the beginning of
the end.
233
00:12:17,600 --> 00:12:20,960
The key discipline is this.
You do not wait for confirmation
234
00:12:20,960 --> 00:12:23,720
of failure.
You exit when the probability
235
00:12:23,720 --> 00:12:26,400
structure breaks.
Capital does not care about
236
00:12:26,400 --> 00:12:29,200
intentions.
This is why we frame MEDH as an
237
00:12:29,200 --> 00:12:32,360
option, not a promise.
The moment the structure no
238
00:12:32,360 --> 00:12:35,840
longer supports the option, the
rational move is to walk away.
239
00:12:36,280 --> 00:12:40,240
This is where everything comes
together, the math, the mindset
240
00:12:40,440 --> 00:12:44,440
and the discipline.
MEDH is not a conviction bet, It
241
00:12:44,440 --> 00:12:49,720
is an asymmetric position.
At the current price of 0.0009
242
00:12:49,840 --> 00:12:54,440
this is sized like a long dated
equity option, 1% allocation,
243
00:12:55,040 --> 00:12:57,480
not more.
That way a total loss is
244
00:12:57,480 --> 00:13:00,480
survivable, but a right tail
outcome matters.
245
00:13:00,840 --> 00:13:02,880
And that sizing is not
conservative.
246
00:13:02,920 --> 00:13:06,000
It is precise.
Most investors fail here by
247
00:13:06,000 --> 00:13:09,120
oversizing early and then being
forced out emotionally before
248
00:13:09,120 --> 00:13:11,360
the thesis resolves.
The rule is simple.
249
00:13:11,560 --> 00:13:14,840
Start at 1%.
Do not add unless execution
250
00:13:14,840 --> 00:13:19,520
proves itself. 2% only after
sustained profitability and real
251
00:13:19,520 --> 00:13:23,720
platform traction, 3% only if
the structure clearly shifts.
252
00:13:24,040 --> 00:13:27,640
This is not buy and forget, it
is monitor and decide.
253
00:13:27,960 --> 00:13:31,240
You are constantly asking is
uncertainty going down?
254
00:13:31,640 --> 00:13:34,960
Is repeatability improving?
Is capital discipline holding?
255
00:13:35,120 --> 00:13:37,080
And you must accept opportunity
cost.
256
00:13:37,440 --> 00:13:41,280
This capital could be elsewhere.
That cost only makes sense if
257
00:13:41,280 --> 00:13:42,920
the option structure remains
intact.
258
00:13:43,320 --> 00:13:46,120
If this way of thinking
resonates, we have explored it
259
00:13:46,120 --> 00:13:50,760
deeper in the mindset series The
Asymmetry Investor, The Math of
260
00:13:50,760 --> 00:13:53,720
Conviction, and The Asymmetry
Mindset.
261
00:13:53,840 --> 00:13:56,760
How to see 100 Ties before it
happens.
262
00:13:57,200 --> 00:14:00,560
Those episodes focus on how to
size risk before outcomes are
263
00:14:00,560 --> 00:14:03,440
known.
If MEDH succeeds, the framework
264
00:14:03,440 --> 00:14:05,560
works.
If it partially succeeds, the
265
00:14:05,560 --> 00:14:07,880
sizing works.
If it fails, the loss is
266
00:14:07,880 --> 00:14:10,400
controlled.
No outcome breaks the process.
267
00:14:10,720 --> 00:14:14,400
That is what separates operators
from tourists in micro caps.
268
00:14:15,200 --> 00:14:19,440
Subscribe on Apple or Spotify,
follow us on X and share this
269
00:14:19,440 --> 00:14:22,480
episode with a friend.
Help us reach 10,000 downloads.
270
00:14:22,920 --> 00:14:25,280
The music in this episode is
licensed under standard
271
00:14:25,280 --> 00:14:27,440
agreements.
Special thanks to Vibe Tracks
272
00:14:27,440 --> 00:14:30,280
for the track Crystal provided
under the YouTube Audio Library
273
00:14:30,280 --> 00:14:33,760
license.
Copyright 2025 Finance Frontier
274
00:14:33,920 --> 00:14:36,880
AI The.
Voices in this episode are AI
275
00:14:36,880 --> 00:14:39,560
hosts.
Max Vanguard is powered by Grok
276
00:14:39,560 --> 00:14:41,920
4.
Sofia Sterling is fueled by
277
00:14:41,920 --> 00:14:45,240
ChatGPT 5.2.
Charlie Graham is guided by
278
00:14:45,240 --> 00:14:46,240
Gemini 3.