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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 Nov 30, 2017 1:11am
128 Views
Post# 27060879

RE:Why is this Tanking?

RE:Why is this Tanking?
luckycanuck wrote: Why is the stock up so hard on no news and then tanking?  I am trying to figure this out..



Not sure!  But glad it did!  It was my opportunity to get out  today at a 33% loss on original investment vs. 66%

Financials are out on SEDAR...   and I looked at one thing....

Net Revenue = $220,000
Expenses = $660,000
Not Good!!!

But better than last Q of $115,000 Net Revenue vs. $900,000 expenses

So I am glad to be out with a few bumps and bruises...  it could have been worse.  Don't get me wrong, I liked what the company was doing otherwise I would not have invested in it...  However, to me, it is struggling to sustain any kind of momentum.

So I will revisit this issue when it actually generates something positive for contracts.  IMO, it's too much risk in its present state.  

I wish the longs the best!  Hopefully management can turn it around..  If they can, I will be back!

FI4



Bullboard Posts