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YDx Innovation Corp V.YDX.H

YDX Innovation Corp. is a Canada-based company, which is engaged in the commercialization of immersive new technologies that incorporate virtual reality, augmented reality, esports and gaming. The Company operates through licensing its IP, developing interactive exhibitions and esports tournaments and content. Its divisions include Arkave VR Arena, YDreams Global and Render. Arkave VR Arena is a gaming platform that brings location-based virtual reality to any location-based event or entertainment center. Its YDreams Global has developed over 2,000 interactive and immersive experiences for brands, including Disney, NBA, Adidas, Cisco, Nokia, Nike, Mercedes-Benz, Coca-Cola, Santander, AB InBev, Qualcomm, Unilever, Fiat and the City of Rio de Janeiro. Render is a professional video production studio specializing in crafting video content for YouTubers, Streamers, Teams, and Brands. Render is specialized in gaming content as well as works with a variety of digital media.


TSXV:YDX.H - Post by User

Bullboard Posts
Comment by BigDohCADon Aug 26, 2020 10:25am
123 Views
Post# 31454988

RE:RE:RE:RE:RE:RE:RE:VR goes way beyond gaming

RE:RE:RE:RE:RE:RE:RE:VR goes way beyond gaming

There are very very PMs covering small caps in canada, especially below 5m market caps. From the looks of it, it appears as if you don't understand how RTOs work....YDX has been around for a while but has not been public for 10 years. When they listed, they needed to have enough shareholders and a vehicle for a qualifying transaction so they found a shell company that met those requirements and did the listing. You cant base their historicals off that old business which was a shell that eventually rolled back the stock to do a deal. To your credit, the company has had a hard time building value/trading and has made pivots and management shake ups over the last few years. With that said, you need to see what's happening now and decide the following: 

1. are you interested in esports

2. do you buy into the esports multiples 

3. do you see how management will be able to create value leveraging its expertise and new acquisitions/partnerships

 

if so, then you keep/buy and if not, you sell. 

 

Bullboard Posts