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Bullboard - Stock Discussion Forum
VIDWRX INC
SMDWF
Consumer Cyclical
Media - Diversified
"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."
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Bullboard (GREY:SMDWF)
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(35)
•••
marvelmaker
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Comment by
marvelmaker
on May 25, 2016 4:39pm
RE:RE:RE:RE:RE:Just in from Dave...
they have financing in the works, but I have no proof. Wait like all of us have to. eom
(0)
•••
home001
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Comment by
home001
on May 25, 2016 4:30pm
RE:RE:RE:RE:Just in from Dave...
Marvel: Forget about October. If they don't raise money they won't make it to June. Unfortunately today is May 25.
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(35)
•••
marvelmaker
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Comment by
marvelmaker
on May 25, 2016 4:23pm
RE:RE:RE:Just in from Dave...
sorry for breaking silence again. Thanks for the posts. There is another way to look at this - they are preserving cash. Reducing their economic footprint to prove due diligence and fiscal prudence. I
...more
(38)
•••
JohnnyTSX
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Comment by
JohnnyTSX
on May 25, 2016 3:19pm
RE:RE:Just in from Dave...
Probably the same thing that is keeping us interested... lol like seeing our cash again at some point.
(1)
•••
Patty3
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Comment by
Patty3
on May 25, 2016 2:31pm
RE:Just in from Dave...
Well, something must be keeping them interested.
(45)
•••
Wolfe666
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Post by
Wolfe666
on May 25, 2016 2:19pm
Just in from Dave...
'Thank you for your patience. Management is actively working to secure a financial arrangement which would allow the company to move forward. '
(5)
•••
prasat
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Comment by
prasat
on May 25, 2016 1:52pm
RE:Talked to Dave...
The retail crowd are always the last ones to be told...though I always believe miracles can and do happen.
(15)
•••
proulxm
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Post by
proulxm
on May 25, 2016 1:17pm
Talked to Dave...
Still operating with 4 full time employees and 1 part time. Financing is still in discussion with two groups. Annual financial statement will come out with financing. Let's hope for a happy ending
...more
(5)
•••
prasat
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Comment by
prasat
on May 25, 2016 1:05pm
RE:What the hell is happening. Tell us you're bankrupt already
There isn't anything more to add because just as you've stated, it's bleak. I think its obvious from looking at the website as nothing is working like it once was. There is no management
...more
(0)
•••
BigFatUgly1
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Comment by
BigFatUgly1
on May 25, 2016 12:55pm
RE:RE:Done, finished…
Is the website owner George Fleming? If so I could see him playing his games.
(1)
•••
Defaulter
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Comment by
Defaulter
on May 25, 2016 12:33pm
RE:Done, finished…
Perhaps as part of a new financing deal, the name of the company and the website will be changing. Maybe they started removing some of the content as part of a restructuring of the website. Anything
...more
(6)
•••
Capitulation
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Comment by
Capitulation
on May 25, 2016 9:21am
RE:Done, finished…
Wow.... maybe they can go video some of the lithium plays that are making investors millions...
(45)
•••
Wolfe666
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Post by
Wolfe666
on May 25, 2016 9:11am
Done, finished…
I sent a few questions in this morning to Steve and Dave…I will be surprised if they respond, but will let you all know if/when I receive news. Sadly, VIDWRX sight is not showing any
...more
(38)
•••
JohnnyTSX
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Comment by
JohnnyTSX
on May 25, 2016 3:42am
RE:RE:Interesting sections in this link
Here is what I know about CCAA in Canada. If total liabilities are $5M or more, then CCAA applies. If they are less, then it's a slightly different, but similar Insolvency Act in Canada - I can
...more
(0)
•••
BigFatUgly1
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Comment by
BigFatUgly1
on May 25, 2016 2:05am
RE:Interesting sections in this link
One section I found interesting was this one. Pre-Filing Reports A relatively new development is the monitor's "pre-filing report", which is a description of the debtor company's
...more
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