VIDWRX INC SMDWF

RE:RE:RE:All or nothing

[CQCmaster]

You guys gonna have to get use to this price range for at least 3 more months. It's a wonderful time to buy some shares as a Christmas present for someone

BeenHereBe4ore wrote: Not well worded, but he's right nonetheless. It's time for VidWrx to perform.

"The Corporation’s gross monthly burn is approximately $270,000, and the Corporation currently has monthly revenue of approximately $40,000. As at the date of this Prospectus, all of the proceeds of the Special Warrant Placements have been fully allocated and it is not anticipated that sufficient proceeds will be available from the Special Warrant Placements to sustain future operations; however, as revenues are expected to grow month over month, the Corporation anticipates that this will enable it to further fund its operations and continue with debt repayment. As at October 31, 2015, the Corporation had an estimated negative working capital of $2,833,010."

The company relies on four "principal customers" for that $40k monthly revenue: Google, Maaco, PW Media, Yellow Pages Digital Solutions & Media Inc. If any of them bail or decrease their orders, the company's meager revenues suffer. So, obviously they need to expand the number of customers and clients they service to more than you can count on one hand. On the other hand (pun) these are big names with lots of money who could also increase their orders. Hopefully, something comes soon of their attempts to monetize the Facebook relationship.

That they are even working with such large and successful businesses is itself a good sign, so I figure the potential upside is worth the risk at these prices but they need to start landing more deals and significantly increasing that $40k/mo revenue figure.

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home001 wrote: Interesting post ruben.  You say "time is up for this company" and then you  say they have to deliver in " 6 months".  So I guess what you mean is they have 6 months.