Richard Schultz - VidWRX CFO

CFO

Mr. Richard Schultz is Chief Financial Officer, Vice President Finance of SoMedia Networks Inc. He was formerly the Vice President of Finance of SoMedia since January 2010. Mr. Schultz has spent more than 12 years as an accounting manager working for small and midsized technology companies, since graduating from the University of Victoria and achieving his Certified General Accountant designation in 2001 since 2012.
Age 46
Tenure 12 years
Phone604-683-5510
Webhttp://www.vidwrx.com
Schultz also worked for Taleo Corporationrationrationration, a publicly listed software company based in San Francisco, from July 2005 to October 2006 where he was Director, Systems & Processes, and was also the Manager Financial Planning and Analysis of Pivotal Corporationration .

VidWRX Management Efficiency

The company has return on total asset (ROA) of (518.55) % which means that it has lost $518.55 on every $100 spent on assets. This is way below average. VidWRX's management efficiency ratios could be used to measure how well VidWRX manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 1.06 M in total debt. VidWRX Inc has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist VidWRX until it has trouble settling it off, either with new capital or with free cash flow. So, VidWRX's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like VidWRX Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for VidWRX to invest in growth at high rates of return. When we think about VidWRX's use of debt, we should always consider it together with cash and equity.

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VidWrx Inc. develops and operates cloud-based video content production platforms and video production services for the business, advertising, marketing, and news markets in North America. VidWrx Inc. was founded in 2006 and is headquartered in Vancouver, Canada. VidWrx operates under Media - Diversified classification in USA and traded on OTC Market. It employs 26 people. VidWRX Inc [SMDWF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

VidWRX Inc Leadership Team

Elected by the shareholders, the VidWRX's board of directors comprises two types of representatives: VidWRX inside directors who are chosen from within the company, and outside directors, selected externally and held independent of VidWRX. The board's role is to monitor VidWRX's management team and ensure that shareholders' interests are well served. VidWRX's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, VidWRX's outside directors are responsible for providing unbiased perspectives on the board's policies.
Beng Lai, Director
Richard Schultz, CFO
Mark Singh, Vice President - Sales
George Fleming, Founder, Chairman, CEO and President Member of Audit Committee and Member of Compensation Committee
Judith Bird, Corporate Secretary
Steven Hancock, President COO, Director
Colin Osing, VP of Marketing
Goodwin Gibson, Director
Ben Pickering, Co-CEO and President and Director
Amir Mirhosseini, Co-Founder and CTO

VidWRX Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is VidWRX a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

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Other Consideration for investing in VidWRX OTC Stock

If you are still planning to invest in VidWRX Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the VidWRX's history and understand the potential risks before investing.
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