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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
Comment by FarmerInvestor4on Jan 29, 2017 12:50am
101 Views
Post# 25769016

RE:RE:Another success project

RE:RE:Another success project
TheBellTolls wrote: Cool project but not sure how much money it has generated for the Company.  We need to find out what the cash burn rate is. Nap predicate everyone's input but cash burn rate will be a great indicator if we are doing a financing soon



Look up financials on Sedar.  Company YTD would be cash profitable based on operations alone.  They are in a loss position at the moment because the reverse take over and the cost to list on stock exchange was approx 2.5 million

They also have 22 million warrants issued to initial shareholders that expire in 2018.   These warrants are all at $0.35 exercise price and will generate $7.7 million in cash to the company once exercised.  

This was mentioned in previous posts.   

Good Luck!

FI4
Bullboard Posts