ViewBix Inc (PK) (VBIX) News

We are back to pre-RS levels with 1.20 sp, when it was about 4 cents.

VBIX: effective Sept. 6,2022 a one for 28 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

1:28 RS

Medigus corporate presentation...Cortex numbers......

Picked up some shares of VBIX in the .056-.06 range today......

......The Medigus (Nasdaq: MDGS) press releases from this year disclose the revenue numbers for Gix Media (Linkury Ltd.) and Cortex Group. If those numbers are accurate, it is possible VBIX might show some very sizable revenue numbers after this transaction is completed.

I have increased my position since the above post, with buys up to the 10-cent level. It should be interesting to see what happens once this churning around the 10-15 cent area is complete. Although there is some added risk until the final structure of the deal becomes more clarified, I am anticipating that VBIX will see a nice push above the 20/30 cent level at some point.

The corporate presentation that MDGS put up on its website last week contains a couple of slides/pages devoted to Gix and Cortex Media Group (document properties show the creation date of December 13). The revenue/profit numbers shown on the Cortex page (12) are consistent with what MDGS had reported in its earlier press releases regarding Gix/Cortex.

https://medigus.com/wp-content/uploads/2021/08/Medigus_pres_Dec21_P-1_compressed.pdf

In the merger ViewBix becomes Gix Media Inc. and gets their $11M deal.

Technology company Medigus Ltd. (NASDAQ: MDGS, Forum) released details on a move by its affiliate, Gix Internet (TASE: GIX), a global marketing technology solutions company for online performance-based-marketing, announced that its subsidiary, Gix Media signed a definitive agreement for the purchase of 70% at Cortex Group, an innovative media-tech company that has developed expertise in turning original content into a profit center through user traffic acquisition.

The acquisition of 70% of Cortex's shares by Gix Media will be made for approximately $ 11 million (USD), with the final amount to be determined on the closing date of the transaction.
-https://stockhouse.com/news/newswire/2021/09/01/an-11-million-tech-acquisition-you-need-to-know-about

ViewBix soon merges with and becomes Gix Media Inc. See the 8K before the news drops:
-https://ih.advfn.com/stock-market/USOTC/viewbix-qb-VBIX/stock-news/86734658/current-report-filing-8-k?xref=ff_sidebar_quote#EX10-1_HTM

Consummation of the Merger is subject to certain closing conditions, including, among other things, (i) the Company filing an amendment to its certificate of incorporation to change the Company’s name to “Gix Media, Inc.”

Hopefully, so I can get some cheapies before the merger news drops and the ticker changes.

Going back to $0.04? Plan to merger, means not sure. LOL!

The company name will be "Gix Media, Inc." sometime soon.

Although I think he's wrong about the company's business model completely changing with the new merger...considering their patents, not mentioned by Zidar;

https://patents.justia.com/assignee/viewbix-inc

See 1:45 in the video:

New video by Zidar including much on VBIX:

Thanks. I may become a moderator then.

When someone becomes moderator, it will wipe clean and they can put in what they like.

How do we fix the above incorrect info? "OTC : MRLA Virtual Crypto Technologies Inc."

This is not a

"BlockChain / Bitcoin ATM Service"

Nice move today

VBIX(.06)...accumulated a position......

Picked up some shares of VBIX in the .056-.06 range today. I'm thinking this probably has a decent chance at seeing another strong move from this 5-10 cent area. I haven't gone through the filings in great detail, so I'm not certain if there are any convertible instruments (warrants/options) still on the books, but a cursory glance leads me to believe the initial post-acquisition structure will probably be somewhere in the 350M to 425M range.

The Medigus (Nasdaq: MDGS) press releases from this year disclose the revenue numbers for Gix Media (Linkury Ltd.) and Cortex Group. If those numbers are accurate, it is possible VBIX might show some very sizable revenue numbers after this transaction is completed.

According to the first press release below, Gix Media (Linkury) had $38M in revenue during fiscal 2020. One thing I find very interesting is the statement in the last press release below with regards to what kind of revenue that Cortex Group is producing this year. That Q3 revenue number is particularly eye-brow raising. I don't know if there is some sort of seasonality or an extraordinary event involved there, but it certainly is an interesting increase versus what the company posted in the first half of 2021......

Gix reported that according to Cortex’s financial statements for the first half of 2021, its revenues amounted to approximately $13.5 (NIS 43 million), an increase of 53% compared to its revenues in the first half of 2020, and Cortex’s operating profit for the first half of 2021 amounted to approximately $1.3 (NIS 4.2 million), an increase of 121% compared to the first half of 2020.

During the third quarter of 2021, Cortex continued to present an impressive growth, with revenues amounting to approximately $12.5 million (NIS 40 million), an increase of 92% compared with revenues in the corresponding quarter last year. Operating profit in the third quarter of 2021 amounted to approximately $1.4 million (NIS 4.5 million), an increase of 44% compared to the operating profit of the third quarter of 2020.

https://www.cortexmg.com/

http://www.samyonews.com/

https://www.linkedin.com/company/cortexmg/about/

Medigus press releases from 2021......

https://www.globenewswire.com/en/news-release/2021/03/31/2202510/0/en/Medigus-Gix-Internet-Announced-that-its-Board-of-Directors-Resolved-to-Identify-New-Opportunities-and-Activities-for-a-Merger.html

https://www.globenewswire.com/news-release/2021/08/31/2289316/0/en/Medigus-Gix-Media-to-Acquire-70-of-Leading-Innovative-Media-Tech-Company-Cortex-Group-for-Approximately-11-Million.html

https://www.globenewswire.com/news-release/2021/10/14/2314187/0/en/Medigus-Gix-Completed-Acquisition-of-Leading-Media-Tech-Company-Cortex-Group-for-Approximately-11-Million.html

What a POS

That didn’t hold up

What fun

Basically merging with themselves

Ugly finish

But for $11 million, while current MK is only $4M. I would say it is worth more.

Yeah I saw that - and only 70% - glta

So, what is this then? Gix Media to Acquire 70% of Leading Innovative Media-Tech Company Cortex Group for Approximately $11 Million.

So they are not merging with Gix Internet which owned 79% of the shell but Gix Media a subsidiary.

Gix Internet $39 mil in revs but Gix Media? Probably another shell/start up.

That was the perfect support area at around $.1035. It made a textbook bounce from there. What is the valuation here? That will be the determining factor! Certainly more than $5M one would think!

wow big dump?pos

That didn’t last long

Very possible, I will be on ST tonight for full campaign mode, hopefully we get more eyes on it.

This can hit double digit dollars if we lock up float

This company is worth billions if you look at the market cap on ABI*T. But will it get there is the question?. Here look at the market cap.


https://www.otcmarkets.com/stock/ABIT/security

This is the next ABI*T..... Good luck everyone.

Holding up and more buying happening. Riding free now

No mention of revenues

79% as of 12/20

Wait, so GIX already had a 65% interest in VBIX back in February 2019?

Can anyone confirm this?

What might hold this stock back is the fact that IBKR does not allow us to buy it.

Nice dipper 0.169 for a massive 8k

Kept 40% for the long haul... GLTY

Cannot believe I missed this due to IBKR. They gave VBIX the NT-label. Was unable to buy... That is not the first time...

Going higherrrr, take profits and leave the rest

I suggest you keep them, cause GIX Media is worth a lot more than the $7M it is now.

Nice job buddyy

380% .20

Taking profits off the table now.. Great run.. .179- .19. I suggest others do the same.. Congrats..

Possible. Didn’t know about it. Saw the 8k this morning, so it’s possible others didn’t know as well. Let’s see where it heads

280%

Nice news and move. But hasn't this been known for over a year now at least?

Could see .2 again today, and then it's mostly Blue Skys babyyy

Tiny float and merger news

$VBIX$ Coming back to life

Quiet in here