VIDWRX INC SMDWF

RE:RE:VidWRX To Raise $210,000

[TAswing1]

I agree it can be a concern but at the same time I'd rather see them raise only the money they need to survive and execute on the plan they have shared a few weeks ago with all these expenses cuts and getting to profitability asap. 

Wolfe666 wrote: ‘The Company will utilize the proceeds of the Private Placement to pay salaries, office rent, regulatory fees, audit fees and other basic business operating costs as it continues to work towards the completion of the debt financing previously announced in its March 21, 2016’  Mmm, this is only enough money to last at best a few months… makes you wonder.