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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."


GREY:SMDWF - Post by User

VIDWRX INC > news!
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Comment by Vantechie76on May 07, 2015 9:08am
161 Views
Post# 23703280

RE:news!

RE:news!This looks like really positive news. Institutional financing led by Ero Pacific - same firm whose analyst was talking up VID in Cantech recently. And they were smart to only take $2M at $0.25 and not dillute too much even if they need more money. I'm sure they will be in a position to raise more at a more favourable valuation in a few months. Still need some deal news and financial results for Q1 but this is certainly a positive sign. Hope the stock reacts accordingly!
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