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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 > Just a Breather at 3.5
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Post by venturestockpicks on Mar 24, 2016 10:37am

Just a Breather at 3.5

VID is just digesting the news and churning through the flippers from all the shares that traded at 2.5 before the halt. The news was as good as we could have asked for and as they turn this ship around I believe we will see an ascending share price. This traded .54 earlier this year and it just may be in a  better situation now than it was then. I think we will take down the wall at .04 very soon and will find a new higher level to trade at. glta
Comment by TAswing on Mar 24, 2016 11:04am
I couldn't agree more with you. The news release was a great one as this company is doing the right thing by cleaning it all up and finally get to cash flow positive. If they realize what they intend to do by Q4 of 2016, it means that sales are still going to be exponentially higher every quarter with so many cuts in their expenses on top of that. Fundamentally it was extremely weak but they ...more  
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