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Bullboard - Stock Discussion Forum VIDWRX INC SMDWF

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."

GREY:SMDWF - Post Discussion

VIDWRX INC > Financing
View:
Post by HPD on Apr 27, 2016 9:58pm

Financing

What i want to see is the debenture financing closed. The 210k from the closed pp will be soon gone to pay bills and keep the lights on. We need longer term money. Cmon vid
HPD
Comment by prasat on Apr 28, 2016 6:13am
Absolutely correct HPD, But on the other hand with the lower burn rate, this gives them some time....
Comment by HPD on Apr 28, 2016 8:09am
Likely not too much time as i am sure they where behind in paying their bills/ salaries. Maybe buys them a few months at best. I wonder what they are paying George now? Coffee and donuts?
VIDWRX INC
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