RE:Financing Here was written (06 Dec.): "They should close a $2.5 mm convertible by year's end and then not need to go to the market again until they are profitable which will be by H2E 2015. They will also have a lot of money in warrants that will get exercised and that too will add to the financial strength of the company." Posting
I think the bridge loan which is repayable within 45 days, bridge the time till money of convertible is on VID´s account - what else makes sense?
Also they are seeking more staff:
"Roles We Offer
*Video journalists, videographers and filmmakers
*Editors, news directors and producers
*Assignment editors, writers and voiceover artists
Posted: Feb 01, 2016
Closing: Feb 23, 2016
Don´t panic