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VIDWRX INC SMDWF

"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."


GREY:SMDWF - Post by User

Bullboard Posts
Comment by cheval57on Dec 27, 2014 12:57am
136 Views
Post# 23266315

RE:RE:Current news

RE:RE:Current newsGood evening Knorre73. 
In october 2014, the company declared a really low amount of revenues (something like 40,000$). What I understand is that Somedia really started to grow in september 2014 ( the summer months. especially august, are low months for the company).

What was stated by the company is that sales at september 30, 2014, were close to 1,000,000$ because the last weeks of september were very good. Sales are declared as revenues only when the videos are finished and sent  to the clients. 

What I understand is that sales continued to be very good in october, november and also a part of december (because of the christmas holidays). What I understand, is that the fourth quarter results will be a greai deal diffierent from what was declared by the company previously. Since it is the last quarter, results for the year end won't be known before february or march 2015 (but maybe it could be before).

I guess you have read about all the agreeements that the company has signed with various parties. All these deals means a lot of revenues but impossible to figure out how much. But all these deals are good news.

This company has a great potential. The only problem is financing to continue on ahd grow. The financial markets are not good nowadays are financing is hard to get for small companies.
But the potential is there. Still is a speculative stock however.

I, personnally, believe in the potential of this company.

I have purchased 160,000 shares as of today,

Now, this is my opinion, and it is worth was it is worth. I invested in that company based on my own evaluation of this company. I do not have any private news that could bring me a fortune.

Good luck to you if you think that my evaluation looks good.

Good luck to all. 
Bullboard Posts