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YANGAROO Inc V.YOO

Alternate Symbol(s):  YOOIF

YANGAROO Inc. is a technology provider in the media and entertainment industry, offering a cloud-based software platform for the management and distribution of digital media content. It provides advertising, entertainment and awards management software workflow solutions to customers across multiple geographic regions. Its Digital Media Distribution System (DMDS) platform is a patented cloud-based platform that provides customers with a centralized and fully integrated workflow directly connecting radio and television broadcasters, digital display networks, and video publishers for centralized digital asset management, delivery and promotion. DMDS is used in the advertising, music, and entertainment awards show markets. Its ancillary production services include a short-form version for direct response customers and long-form digitization. It focuses on optimizing its television traffic instruction workflow and enhancing its television legal clearance offering.


TSXV:YOO - Post by User

Bullboard Posts
Post by nortmaniaon May 29, 2013 11:43am
149 Views
Post# 21464048

cash and working capital :(

cash and working capital :(

 

As at May 17, 2013, the Company had cash and cash  equivalents balance  of $210,625 and a working 
capital of $269,009. 
 
The Company will continue to invest funds in building its business to achieve key market and growth 
targets.  Currently, the Company’s operations are not yet generating positive cash flow. The Company 
will have to raise additional capital to fund operations until such point that revenues from their technology 
are able to fund operations.  See Going Concern.
Bullboard Posts