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Bullboard - Stock Discussion Forum 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 Discussion

VIDWRX INC > I still believe in big things ahead
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Post by MOshowme on Jul 27, 2015 11:29am

I still believe in big things ahead

I have been in this deal for over a year and I still believe in what the company is doing. The meltdown of the stock is an opportunity. From what I hear on the street, they did not want to raise the entire $2million at .10. I hear that no more than  $700K was raised which is only 7 million shares. Time to average down!
Comment by TruthLogic on Jul 27, 2015 11:35am
This post has been removed in accordance with Community Policy
Comment by tor27 on Jul 27, 2015 11:51am
Hi Moshowme, I spoke with management and they confirmed that $700K was raised. They also mentioned it closed on Friday and are waiting for the 'legal paperwork' to come back so they can issue a PR. I was also told they have a meeting with Google this week and things are looking very positive. We shall see.
Comment by CQCmaster on Jul 27, 2015 12:05pm
you don't know wha[ quote=tor27]Hi Moshowme, I spoke with management and they confirmed that $700K was raised. They also mentioned it closed on Friday and are waiting for the 'legal paperwork' to come back so they can issue a PR. I was also told they have a meeting with Google this week and things are looking very positive. We shall see.[/quote]
Comment by CQCmaster on Jul 27, 2015 12:08pm
disregard my last message. anyway you don't know what's the truth when dealing with SoMedia. They said they wouldn't finance at these levels and look what happened. Bunch of lying thugs.. highly doubt they'll get anything accomplish with Google. Because if they did, they wouldn't be needing the financing at these prices
Comment by tor27 on Jul 27, 2015 12:14pm
I agree with you RE: not trusting Management. However, I believe Derek the new CRO requires these funds to implement a 'Salesforce' program which I am told will take the company to the next level. Apparently he had great success with the same platform at his former company. Again, this is what I've been told. Like you and everyone else, financing at these levels was beyond stupid and ...more  
Comment by ElectricFuneral on Jul 27, 2015 5:29pm
Thanks to you to M. tor27. But, if you read my previous post, you will have to reconsider your statement about M. Fleming, that played it quite well considering the huge manipulation on the venture. If we only add another 7M units (14M shares), I guess that he would be consider a real good Poker player. From our first PP, we were supposed to raise $2M + $1,4M (from the 4 millions warrants ...more  
Comment by Bitgold on Jul 30, 2015 3:14pm
Right again EF! Guess we can look ahead with all the cash aboard, next quarters will be great to see.
Comment by TruthLogic on Jul 27, 2015 12:21pm
This post has been removed in accordance with Community Policy
Comment by pp19888 on Jul 27, 2015 12:42pm
What I believe is management haven't sold single shares when it was trading above 0.50, also warrants were exercised between 0.25-0.30 by management. Not only that, but participated in financing at 0.25 cents as well!!!!! strong holding, and need to do financing to keep ball rolling!!! good luck, great buy for me at this level.
Comment by AvoidTheDump on Jul 27, 2015 1:28pm
CQCmaster was a long in denial when it was tanking.  He might be mad at you "truthlogic" for trying to warn him about the dump?   You have to be pay some attention not to rub people the wrong way! What people need to understand, and what you are advocating (here and in real life), is that "pump and dumps" and manipulated stocks are dangerous. If you want to be part ...more  
Comment by ElectricFuneral on Jul 27, 2015 11:55pm
So, from your saying the PP is already out of the market since July 24?
Comment by tor27 on Jul 28, 2015 6:48am
That's what vid management told me
Comment by ElectricFuneral on Jul 27, 2015 4:30pm
Thanks a lot MOshowme. Since you posted that info, I wanted to respond to it, but couldn't. I had a bid at .085 that couldn't be fulfill since 11:00 AM. Now that it's done, I can say this to the ones who did their homework this weekend. I've took a lot of time reading past NR since 2012, I also read the 32 pages prospectus of last Wednesday for a second time. You know what? I ...more  
Comment by TruthLogic on Jul 27, 2015 5:25pm
This post has been removed in accordance with Community Policy
Comment by tor27 on Jul 27, 2015 5:25pm
Thanks EF - great write up
Comment by ElectricFuneral on Jul 27, 2015 5:44pm
No problemo M. tor27. I'm glad that you find it instructive, because I wrote it for you and MOshowme. I'm happy to see real people in SH. tor27, if you haven't took the time to look at MOshowme profile, I will invite you to do so. This true human well behaving person don't write to often. He's also in VID since July 2014. He never gave up in the last 4 months. He Is longs and ...more  
Comment by fortfry on Jul 27, 2015 9:06pm
Never looked here before so may I ask one question? Has anybody been bullish all the way down because I see no signs of a bottom
Comment by Bitgold on Jul 27, 2015 9:29pm
I will be glad to tell you where the bottom is. The bottom will be reach when you will have to pay 4 cents to be allowed to sell them. So, bottom= -0,04. I hope it will help you in your DD.
Comment by Bitgold on Jul 30, 2015 3:07pm
Thanks to MOshowme, tor27 and EF that were right. Good work guys! It's a pleasure to be aboard with you. I just hope that the Truthlogic of the sleepnomore will jump out of the train soon. Two useless acrobats.... From the CircusShow. The SP will go over ..15 in a short time and VID will add another $960K with the warrants. Now, time for big news every months. Thanks again!
Comment by TruthLogic on Jul 30, 2015 6:54pm
This post has been removed in accordance with Community Policy
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