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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

Post by ElectricFuneralon Jul 28, 2015 11:53am
154 Views
Post# 23967401

Previous two PP says it all

Previous two PP says it all
Can someone explain how VID were able to attracted investors and sell them 4,8M shares at .25, when the SP was fluctuating like hell, if the company was worthless? Because they are longtime investors that knows what is going on with VID and the want to have the free warrants that can be exercised in the future. What I've also noticed about VID, is that; Q2 news release was issued on July 3/2014 last year. So, i think that the company is waiting to closed this last PP before providing us with new heights in sales. This way, with all shorters recovered and good news, this could maintain its SP well above .125 and able us to inject another $875K with the warrants.
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