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Consumer Cyclical Media - Diversified

"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."

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VIDWRX INC > Clean Up is Finished Up We Go

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Post by venturestockpicks on Apr 01, 2016 9:47am

Clean Up is Finished Up We Go

Looks like all the weak hands are out now. The offer side is much cleaner, I think we should now see a nice move higher. News would make this explode up. Down here it is a great bet with only a 3mm market cap. glta

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Comment by nu2me on Apr 01, 2016 10:13am

VS do you believe that a nr is soon to come out? I am in the yes camp only due to the recent halt. If the folks at VID did not see a light at the end of a SHORT tunnel I think the halt would have lasted longer. my humble opinion

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Comment by venturestockpicks on Apr 01, 2016 10:30am

Yeah I wonder if good news is on the way, certainly trading like it.

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Comment by nu2me on Apr 01, 2016 10:44am

My line of thinking was that during Q1 of 2016 management believed that they had enough cash on hand to get them to a deal. Then we had to halt as they did not get the deal done in time to get the cash. During the halt VID was not in the best position to negotiate. I believe they worked hard getting a deal done during the halt but could not not get it ironed out. They went ahead with the bridge ...more

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