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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 > A halt for two full days..
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Post by retired2007 on Mar 03, 2016 5:16pm

A halt for two full days..

could mean much bigger things to come! It does not take two full days of negotiations for a small financing! Maybe a Partnership, maybe a takeover friendly offer, or maybe a large financing with large major player!1 Who knows? Anything is possible! Good luck!
Comment by Vantechie76 on Mar 03, 2016 6:22pm
Or a de-listing?
Comment by C0p3hagu3n on Mar 03, 2016 10:42pm
hehehehe! or bought out? management totally sucks and the technology isn't that on there--- it is a very possible situation. bankruptcy? wasn't this stock pumped by Fabrice taylor on BNN too?
Comment by Patty3 on Mar 04, 2016 5:52am
A small financing????  It is as much as their total market cap.  That is NOT a small financing.
Comment by dannyd9 on Mar 04, 2016 7:53am
Clearly, something went awry with the 2 million debenture finanancing. That was supposed to give them enough capital to pay back debt that was due this week. I am sure they are looking at ways to mortgage their business to provide collateral or something. Concern is that the debtors call in the loans and force a restructuring or bankruptcy.
Comment by AAAONE on Mar 04, 2016 8:37am
I don't think it's about 2 million announced just a week ago. it's about partnership with some video making company as George mentioned before.
Comment by dannyd9 on Mar 04, 2016 8:55am
Hope u are ight aone. Two things dont make sense. Companys dont need to halt stocks while in negotiations on partnerships and secondly it seems coincidental that the halt took place when their bonds were due to be called in. Its possible debt and new partnership are part of the negotiations. On one hand you have a company that seems on the verge of  growth. On the other hand you have a ...more  
Comment by AAAONE on Mar 04, 2016 9:15am
the only reason which make sense for me for company burning money faster is company had confidence that some big shot will buy it out.. maybe now
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