VIDWRX INC SMDWF

White Room Gallery

[CDJ9292]

Looking at the White Room Gallery there are 96 videos uploaded for the month of February 2016 - As well, videos still being uploaded yesterday and for March 2016. While being left out in the dark, seeing these numbers allows me to hold on to an optimistic outcome from this halt. What it will be, I have no idea.


GLTA

[prasat]

I don't think anyone can argue that the business is growing very rapidly...the number of videos in the white room definitely supports this....the main issue here is financing. If they get over the hump and are able to position the company to be leaner and burn less while converting sales to revenues, we'll be on our way....if there are a few people on here with deep pockets...get together

[TAswing]

There's not much positive right now to talk about but I like to see they're still producing videos. Now at 47 already in the first 8 days of this month.  LINK TO THE GALLERY

[prasat]

It's very evident that business is picking up.  They know what they have going on here and hence the reason they are trying so hard to survive this financial quandry they find themselves in. Its a tough balancing act trying to cut costs significantly in a time of growth. Hopefully they can find the right balance and make it possible.   In the end I think we will be better because

[dannyd9]

Think they need a deep pocked partner who will fund early stage losses and manage the finanances for the company. The company definately has value for someone who wants to participate in a burdgeoning industry. Obviouisly, they are seeking funding and that is why they can't come back on without it. Better to remain halted until they run out of finnancing options

[pennyflipper]

"until they run out of financing options"?? you mean delist right?  worthless shares?   you on the bid on this or just doing the usual stuff to find bagholder so you can dump? danny you write for a living or you pump for a living? without the spellcheck, you can't even put a paragraph together without a spelling mistake every other word!   did you do that walk to

[dannyd9]

You are right, too many spelling errors in my last point. All i have been able to come up with is really what we have been speculating for some time. Company was planning a 2 million bond issue to pay off debts and balanace due on expiring bond. The lenders are demanding some safegaqurds and potentially management changes. If they cant reach a deal, your guess is as good as mine. The company can

[Wolfe666]

Revenue is up big time, the company is doing a lot of good things in a fast growing area. Now get your costs under control, pay your staff on time on time, pay your lease, get your act together management. 

[nu2me]

Agree 100% as long as there is a big change in management perhaps trust will come back. There is no way that this should have happened if anyone on the management team had their hands on the wheel then they all new this fiancial crisis was coming. If none of them new then even worse. Now some might say that they did have financing at the last minute and it was all they could get. I find that hard

[nu2me]

sorry folks disregard the 1 million PP that was another stock but the rest remains. hopefully we get a news release with management shuffle and financing. GoodLuck

[Wolfe666]

I have been wondering the same thing for a while now. How did you let things get to this point? I mean really people, who in management is NOT doing the job??? Seems like a few people need to go. You have a great model, in a growth area, now bring in the right people to run it, make it grow, become profitable…..enough with the nonsense.  FOCUS!   

[prasat]

George is responsible for this whole fiasco....he needs to accept it and step down for the good of the company...

[TAswing]

As of this morning they have produced 204 videos in 2016 and we are just 10 days into the month of March. In the first 3 months of 2015, they had 118 videos, such is a 173% increase of the video production. They were always talking about the backlog that was increasing, it seems like they finally turn that out into revenues and at a quick pace. As long as they keep adding to their pipeline as well

[ElectricFuneral]

This company has a burning rate of over $3M per year, just to operate. Every time they make a $800 video, they only make about $200 of profits. So, they need to make at least 15000 videos per year to stay afloat.... Hope that you see in the mess they're in.... Resellers cost too much and 50% of the $800 goes directly in their pockets..... This one will only be profitable in 2 years, if they

[poorgrammar]

@electric your math is something I can't agree with. They need to produce about 4000 videos a year. Because the 3 mill goes to paying the staff + bills therefore almost the entire amount is going into their acct. this company is will consolidate their shares very soon to stay in business. They will probably do 20 into 1 and than do a private placement at 20c than 10c and 2 more at 5c maybe

[Knorre73]

For White Room is a password needed, now - was this necessary, VID?

[Jodorowsky]

This post has been removed in accordance with Community Policy

[MBertolli]

At least we know someone is still there working.... Silver lining? 

[Jodorowsky]

This post has been removed in accordance with Community Policy