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VIDWRX INC SMDWF

"VidWRX Inc is engaged in developing and operating cloud-based video content production platforms and video production series targeting the business and news markets across North America."


GREY:SMDWF - Post by User

Comment by Vantechie76on Oct 27, 2015 11:40am
108 Views
Post# 24230508

RE:RE:Sad story

RE:RE:Sad storyThe work they've done to eliminate debt (even though it added cheap stock to the market) is definitely a positive. I'm still not sure they can get to $10m in sales simply by saying so. That's "hockey stick" type of growth when what they are showing is much more linear. But  if they can accelerate growth further that's all good news. I'm just a bit concerned that the order backlog still isn't translating to revenue quickly enough. I guess this is good enough results to buy another quarter of time and only time will tell. I got burned pretty bad on VID but I'm still holding on to a small number of shares hoping to one day see $0.25 again.
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