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Bullboard - Stock Discussion Forum VIXS SYSTEMS INC T.VXS

"ViXS Systems Inc provides smart network multimedia processor solutions. It markets and sells its products to providers of video processing and storage equipment who sells their products into the consumer electronics and personal computing markets."

TSX:VXS - Post Discussion

VIXS SYSTEMS INC > Annual report in the mail.
View:
Post by hoffbag on May 21, 2014 6:50pm

Annual report in the mail.

Went through some of the details. Seems like the biggest customer is Cisco. They have enough money to operate for 12 months, but count on them going to the shareholder bank anyway. I didn't read anything on their patent litigation. Based on their customer announcements they do seem to be diversifying their customer base.
Comment by bankerboy28 on May 21, 2014 8:24pm
I think they will need to go the market for money and that will dilute the stock and the price will have alot of pressure....they keep holding it around $1.40 price and then the dump the other day for $1.35.....there will be better buying opportunity this summer but they need to get their act together and be more aggressive to deal with competition..you can have the best product solution but if ...more  
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