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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 Vantechie76on Mar 07, 2016 1:06am
302 Views
Post# 24628612

My prediction: CEO out

My prediction: CEO outI bailed on this stock recently so I have no horse in the race at the moment but I can't wait to see what happens when it opens tomorrow (assuming halt is lifted). My guess is that there is no buyout or major partnership (sorry to say). If so it wouldn't have stayed halted and can guarantee it would have been getting pumped. I think CEO is out and major reshuffling of execs and board has been demanded by investors. At this point that can only help. But will they have any money to execute with? I don't know this Hancock guy from a hole in the wall but Fleming has clearly shown himself to be unable to execute on anything other than continuing to do dilutive financings. A major shakeup coupled with some money could jolt this thing in a positive direction but in my opinion this company is as good as dead. They can survive with massive cost reductions but then they become a pretty uninteresting slow growth investment story. 
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