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Bullboard - Stock Discussion Forum YDx Innovation Corp V.YDX.H

YDX Innovation Corp. is a Canada-based company, which is engaged in the commercialization of immersive new technologies that incorporate virtual reality, augmented reality, esports and gaming. The Company operates through licensing its IP, developing interactive exhibitions and esports tournaments and content. Its divisions include Arkave VR Arena, YDreams Global and Render. Arkave VR Arena is... see more

TSXV:YDX.H - Post Discussion

YDx Innovation Corp > And Don't Forget...
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Post by Winniethesadone on Mar 14, 2021 7:18am

And Don't Forget...

All these low visibility, low retention projects YDX gets. The company lists on the stock market IN Canada yet most projects are not even in North America. That's either ineptitude, insecurity or tone deaf. YDX has tech that could be worth multi tens of millions of dollars in contracts. Instead, YDX has a CEO that runs the company with hubris. Treats shares like free money to be given to over a dozen consultants, etc...over the years...and PAY ATTENTION TO THIS FACT: These consultants, both male and female (tho usually younger females) seem to disappear after a few months, never to be seen or heard of again. Except when the restrictions are off and they dump their free shares on the open market. You know why all these consultants leave? Management style. How much you want to bet that if there was a different CEO, this company would be over $3 (my average is over $2 so that tells you how long I've held). For crying out loud...a contract with Disney should push any tech company over 40 when it first announced. Instead, the share price retreated. This intimates the market also doesn't trust YDX. We all know the tech is amazing and yet, it slithers and languishes. For years. The YDX tech that was advanced for the market had simply become common tech in the industry. Did you know the CEO cancelled the AGM? He used covid as the reason. Not because he was afraid of angry shareholders. Right? Demand an AGM. Demand a new CEO. That's when we'll finally have a company where pretty young consultants and pitiful five figure contracts in the CEO's home country are no longer insensitive to shareholders. Especially to those that have lost tons and tons of money to a company that's fading in its own tech.
Comment by NobleFr on Mar 14, 2021 8:52am
Did this company really reached 2$ one day? Now they have many subsidiaires with their own management. Rendergg. Amuka Esportd, Purple Mage. I don't think it's the same company as before.
Comment by TonkaDog on Mar 15, 2021 2:16am
It's the same company. Check my history, I've probably been in ydx at long as the OP. Daniel is a bad CEO. I agree he's the sole reason the company continues to choke and our share price has been pennies for the past several years. I agree we should be doing hundreds of $$millions$$ in contracts with our tech. Different consultants getting hundreds of thousands of free shares and ...more  
Comment by Fleventyfive on Mar 15, 2021 8:20am
Full disclosure - I sold my remaining shares around this time last year, however, I do poke in from time to time to see if there has been any progress.  Covid aside, this company plays out like an M. Night Shaymalan movie where the twist is empty promises, debt, free shares, and reverse splits.  First bought back in 2016, made some profits but eventually held the bag.  High hopes ...more