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YDx Innovation Corp V.YDX.H

YDX Innovation Corp. is a Canada-based company, which is engaged in the commercialization of immersive new technologies that incorporate virtual reality, augmented reality, esports and gaming. The Company operates through licensing its IP, developing interactive exhibitions and esports tournaments and content. Its divisions include Arkave VR Arena, YDreams Global and Render. Arkave VR Arena is a gaming platform that brings location-based virtual reality to any location-based event or entertainment center. Its YDreams Global has developed over 2,000 interactive and immersive experiences for brands, including Disney, NBA, Adidas, Cisco, Nokia, Nike, Mercedes-Benz, Coca-Cola, Santander, AB InBev, Qualcomm, Unilever, Fiat and the City of Rio de Janeiro. Render is a professional video production studio specializing in crafting video content for YouTubers, Streamers, Teams, and Brands. Render is specialized in gaming content as well as works with a variety of digital media.


TSXV:YDX.H - Post by User

Bullboard Posts
Post by Alpha007on Jul 30, 2019 10:26am
110 Views
Post# 29974582

Stop issuing more shares..

Stop issuing more shares..So I'm really not too sure where or what they are doing, whether this is coming from convertible debentures or they issued more I don't know I don't read every piece of material that comes out...but they need to stop. I've seen their outstanding shares grow from 80million to now 92million. As mentioned in my previous post this company needs massive revenue and re-evaluation for the stock price to move anywhere meaningful because of this large load of outstanding shares. Yes it's market cap is still only 7million, but again for the stock price to reach $1 the company would fundamentally need to be worth at least half of that ($50million poured into the stock), which it is not atm, if they diluted their shares to a more reasonable number then a share price of $1 would be more attainable but because of how this company IPO'd and the evaluation it got 10years ago it just is what it is right now
Bullboard Posts