VIDWRX INC SMDWF

So dead right now... Growth plan, $2MM financing...

[TAswing]

Kind of hard to guess what`s happening at the moment. I like to convince myself that it takes time because something is still in the work and they now have to prepare the year end and news release as well as the conference call once they signed a deal. But at the same time they can still be in tough negotiation and nothing on the table yet. Fighting to survive like they are takes time, no matter the outcome. On the other hand, I like to think it would already be over if there was no hope at all.

After all, the $2 million debenture financing announced on February 29 was turned down by George because he thought conditions were unreasonable. Most of these conditions are now a part of VID-Steve growth plan announced on March 21. Steve is not going to turn down the next offer if any if he knows it`s good for the company in the long run.

[JohnnyTSX]

Shareholders really need a NR to tell us what is going on, either good or bad. Doesn't really matter at this point. I thought this guy said he was going to be transparent?

[TAswing]

Check your inbox in a minute...

[Patty3]

I don't think we hear anything until the financing is done.  I think the financials will be held up until a financing can be announced or bankruptcy is announced.  There will be no point in filing financials and getting the stock trading while there is still so much uncertainty.  I wouldn't be surprised at all if the late financials...they knew the stock would be halted

[TAswing]

I completely agree with you. They knew they wouldn`t go very far without the financing, its seems like they wanted to get rid of their CFO and they definitely knew they would be halted by IIROC so it gives them time anyways to take care of the financing and announce as you said a new financing with year end and hopefully some new blood in the team or declare bankruptcy. Someone said they would

[JohnnyTSX]

The thing that gets me is that we all know the 2015 Financials are going to be awful - there are likely to be no surprises there.  This isn't Enron (thank goodness), but they should not be a complicated set of statements...  So why not file them?  So I tend to agree... intentional, perhaps??

[TrollerCoaster]

This post has been removed in accordance with Community Policy

[JohnnyTSX]

Doesn't really matter if it's good or bad.  Just want to know what's going on and the plan going forward is.  Is that not a fair question from a shareholder?