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Bullboard - Stock Discussion Forum 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 Discussion

VIDWRX INC > talked to IR
View:
Post by goldmemb on Jun 29, 2015 4:30pm

talked to IR

I got off the phone with Greg from Investor relations at somedia and he was saying they canceled the short forum prospectus. This was driving the share price lower and will make the shorters scramble to cover. hold onto your shares tight as this ride is about to start :) If you need proof or don't believe me, here are the numbers to get in contact with them. (604) 683.5510 Toll Free: (877) 850.5510 good luck to all longs!!!
Comment by CQCmaster on Jun 29, 2015 4:56pm
I also emailed iiroc about possible manipulation using the good ol' "painting the tape" tactic. They said that they will look into this matter. Not that I expect anything from them.
Comment by home001 on Jun 29, 2015 5:23pm
To further clarify: The short form perspectus is not cancelled. Two of tranches have already closed so they cannot be "cancelled". The third tranche is not going to be done at these prices.
Comment by tor27 on Jun 29, 2015 5:37pm
I also spoke to VID management and confirmed the following; - they will not finance at these prices.  Too harmful to the company, existing shareholders and those companies who just completed financing.   - they are not in need of $ cash right but may require it in future to expand (Europe, sales team, sales force platform.   - record sales coming in the door
Comment by TruthLogic on Jun 29, 2015 7:33pm
This post has been removed in accordance with Community Policy