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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

Comment by tsxventurewatchon Oct 06, 2022 11:09pm
378 Views
Post# 35011404

RE:RE:RE:RE:RE:RE:RE:Observations.

RE:RE:RE:RE:RE:RE:RE:Observations. From CEO.CA user @Draine: Update from Daniel today: The company's main asset, YDreams Global, is still growing. Last year the company had its best revenues since the Rio 2016 Olympic Games and 2022 is looking even better. That is due to the fact that the company increased the revenues from recurring projects that we own, including the Hasbro Playgrounds. Please check out our portfolio here: www.youtube.com/ydreams The question about trading again isn't simple. The company needs capital to fulfill its obligations with TSX, during Covid the company didn't have the means. The company is also looking for M&A opportunities in order to join forces with other tech companies that want to go public. Our biggest challenge is the market, it has been very hard to raise capital and most tech companies on TSX V have seen their stock go below 5c. I hope this sheds some light on our situation. Is very delicate but while we have a strong operation with YDreams we can be hopeful.
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