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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

Comment by Vantechie76on Nov 25, 2015 6:33pm
148 Views
Post# 24326162

RE:RE:RE:RE:All or nothing

RE:RE:RE:RE:All or nothingYeah unfortunately share price won't go up while they are continuing to do financings every couple of months. If they can eventually ramp up revenue the way they are talking about doing then the share price could have long term upside. The company has had major pump and dump action in each of the past two years to promote the stock up to $0.40 but I think that's going to be hard to do again without real results. I think it's more likely that "smart" money will come in and do financings at $0.07-0.08 here, pump the stock to $0.15 on some "news" then double their money and get out. Then we'll be trading at $0.08-0.10 again. I hate to be negative but I'm just not convinced they can execute or that the market really demands their service. They announced Google, Maaco and Yellow Pages partnerships a long time ago and the fact that they are still only doing $40k in revenue doesn't bode all that well. 
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