GREY:SMDWF - Post by User
Comment by
TAswingon May 11, 2016 11:15pm
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Post# 24864595
RE:vidwrx
RE:vidwrxNice post Marvel,
I think that the fact that the CFO is most probably gone is an excellent thing. He can startup something else with Geroge and steal other investors, we gave them enough time and money... Steve is cleaning this mess and is making sure that he sets this up for the long haul by now. This company may be in business for more than a decade but always been managed like it was a 2 years old business raising money to get George & friends richer and exploit employees & shareholders. I am not even sure George realizes what he's done?! But anyways, business is still coming through the door as we heard already a few times from IR and talking about Howard Group they will be back with more support to VidWrx when they get paid, such makes sense. They're in business after all and already quite involved and invested in VID.
marvelmaker wrote: Sorry to break silence. In the short term, if it trades and falls we can buy more and average down. Anybody who is long here and believes in the company and their product realizes they are turning the ship around. Day traders are a non issue. CFO may have left and others are scrambling to get the Financials out. The ones that remain in the company are invested. Shareholders too. Long and short the sky is not falling. Back to basics. They still have a marketable product. They still have a chance to exponentially grow. So sell your shares move on or join the bashers or hold and look for the silver lining. I believe that Prasad was looking 6 mths into the future pretty sobering but lots of time to accumulate weekly.