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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

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Post by Bitgoldon Jul 27, 2015 2:28pm
156 Views
Post# 23963941

backlog sales are

backlog sales are
future videos to be made and money to get into the business. From their historical backlog orders, less than 3% were canceled. If you look at their past backlog sales, it looks like this; 2012=$200K/2013=$482K/2014=$990K/2015 Q1=$$1,23M. Just like the sales, it's doubling every years, but it's a better indicator than the last Quarter sales to see were we heading in the next quarters. Imagine now what will be our backlog sales in Q3 (with new partnership with big players like Google, SAP or Yellow pages) that will ended in only 2 months time. I'm not talking about Q2, since our majors partnership were done by the end of Q1. People talked about Google a lot here, but, never underestimate Yellow pages. They have cut the printing version of the company by 80% in the last 5 years. They went to a rough time in 2010/11/12 with their huge loss from the Traders deal. Now that they have restructured the company and that they have millions of mid range companies has clients (who can't afford big advertising), it wouldn't surprise me that they're gonna be a big time changers for us. All the dentists, law firm, garage, car dealers, etc..... Enormous market for under $1K videos. Watch and see if it's not them who buy us in 6 months.
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