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TechTargeton Nov 23, 2015 10:49am
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Post# 24315763
RE:RE:Was VidWrx part of CIXX Top 20?
RE:RE:Was VidWrx part of CIXX Top 20?"
The last speaker was George Fleming, CEO and Chairman of VidWrx (TSX: V.VID, Forum), a company that applies technology to provide scalable video production. He commented on how rough the past year has been in the markets, and a commentator commended him for his fortitude, but asked why they’ve had revenue headwinds. Fleming’s answer summed up a theme of the day “The problem is that we created a solution before there was a real addressable market. We created a way for companies to create scalable video content at a price point no one can compete with, but it has taken until the last few quarters for companies to finally get to the point where they are unable to create the scope and volume of video content that they need.”
From SH article/boards.
Someone's putting wood in the fireplace to warm up this one!