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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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Post by BigFatUgly1on May 04, 2016 9:56am

HPD its $500,000 brought in...that is a great

Some have made up their mind, I see some good orders for .025 coming in too. Question is have you made up your mind? If so..beleive then. If you are having doubts you really should not be in this ...more

173

Discussion

Comment by HPDon May 04, 2016 9:45am

RE:Damn near 1/3 the debenture!!

This money is only to settle the bridge loan. It does not give them any money to use. The separate 1M debentures will give them working capital. This is what i want to see, but its a start i guess

108

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Post by BigFatUgly1on May 04, 2016 9:33am

Damn near 1/3 the debenture!!

On big money just beleiving in them? I mean no earnings or growth info yet? YES !! I love it ! They are really pulling through with the plan so far and I am very pleased.

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Discussion

Post by BigFatUgly1on May 04, 2016 8:59am

Here! Again

If the average closing trading price of the company's common shares on the exchange or other recognized exchange is equal to or greater than 20 cents for a period of 60 consecutive days, the ...more

131

Comment by retired2007on May 04, 2016 8:56am

RE:RE:the warrants

Jerseyman2 i agree with you! For me warrants means nothing to me as i have no warrants, but alot of common stock. So yes i'm anxious to see how our Business has been doing the past few months! An ...more

106

Discussion

Post by HPDon May 04, 2016 8:49am

Financing

What about this? Do we not need this or can't get this? Financing The company has elected to restructure the terms of its previously announced non-brokered private placement of debentures, as ...more

126

Comment by jerseyman2on May 04, 2016 8:42am

RE:the warrants

No .... the Warrants are the " perk " ...... in order to get the money required to settle the Loan, the Financing had to have a good incentive for the money to be secured. It's a very ...more

114

Discussion

Comment by newbie888on May 04, 2016 8:26am

RE:the warrants

Isn't the term ONE year not five? Also aren't these types of deals made where the exercisable price is significantly less than what they expect the market value to be?

Discussion

Post by Realhumanbean95on May 04, 2016 8:00am

the warrants

exercible at five cents per share for 5 years from the issuance. they must think thats the range this stock will be valued in the next 5 years?

Discussion

Comment by Knorre73on May 04, 2016 3:29am

RE:VidWRX $289,880 debenture private placement

It concerns not the debenture financing. It is the conversion of the bridge loan. See SEDAR document from 3. May.

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Discussion

Comment by jerseyman2on May 04, 2016 2:10am

RE:... Positive !

Who knows, maybe this is all the money they need right now !!! It's possible that their Sales have increased to the point that the other 1/2 M $$ are not needed right away ...... now wouldn't ...more

143

Discussion

Post by SmartmoneyGEon May 04, 2016 1:44am

... Positive !

BigFatUgly1 wrote: Cash flow positive by fourth quarter....Nah I bet sooner! -- I agree with you, even though I expected another news: The money of the debenture ($290.000) + last private ...more

157

Discussion

Comment by BigFatUgly1on May 03, 2016 8:26pm

RE:VidWRX $289,880 debenture private placement

This is great news. I cant wait to get the scoop on growth...man are we ever getting close to leaving all this sorrow behind us. Cash flow positive by fourth quarter....Nah I bet sooner!

202

Discussion

Comment by Patty3on May 03, 2016 7:14pm

RE:VidWRX $289,880 debenture private placement

What is this? Only part of the $1,000.000. Is this all they can raise? I see there is only 2 placees so hopefully just the first tranche.

131

Discussion

Post by TAswingon May 03, 2016 5:53pm

VidWRX $289,880 debenture private placement

VidWRX $289,880 debenture private placement 2016-05-03 16:51 ET - Private Placement - Debenture The TSX Venture Exchange has accepted for filing documentation with ...more

252

Discussion

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