VIDWRX INC SMDWF

RE:RE:HPD its $500,000 brought in...that is a great

[prasat]

The company has enough cash to carry them through for about 3 months combined with revenues. This was done to buy them enough time to raise more cash via the original 1 millon debenture.

As far as the original bridge loan, its good to see that has been settled.

I see some people eager to see the Q4 results with the anticipation that its going to reveal something surprising.  We already have an idea what the Q4 will bring.  Either the forecast is met or it has failed to reach the forecast.  Is there a chance it can be ahead of the forecast?  Anything is possible, but they should have had a pretty good idea of what was coming in to make that forecast.

And remember,  this was still Q4 and at the time no steps were taken to steer the ship the right way.

This Q4 results will only give a picture of the mess the company was in before the announcement in March.  Even Q1 results won't be anything special ....it's Q2 results which will be the interesting one to see.  Not really so much for any significant rise in Revenue, but more for costs coming down substantially.  The numbers will look much better.

So HPD is right to question how much money is left and it's roughly enough to get them through the quarter more or less, but on the other hand it gives Steve time some room to breathe and get more investors to take another look as the company is rather different from the company run by George.  It's running very lean, and I'm sure they are closing more deals....the next update should give us a better perspective of what is going on.