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Bullboard - Stock Discussion Forum Datametrex AI Ltd DTMXF


Primary Symbol: V.DM

Datametrex AI Limited is a technology-focused company with verticals in industries, including artificial intelligence, machine learning, and healthcare. Its products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from social media, news, blogs, forums, messengers, enterprise data, and dark Web, making predictive analytics. This platform... see more

TSXV:DM - Post Discussion

Datametrex AI Ltd > Park needed gas money??
View:
Post by StuGatz3579 on Mar 18, 2024 4:52pm

Park needed gas money??

Recent filings
Filed 2024-03-18 15:50
 
Tx date 2024-03-11
$DM
DataMetrex AI Limited (previously, Everfront Ventures Corp.)
Park, Chan
4 - Director of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market
$-20,000
-500,000 vol
$0.04 each
12,500,000


Comment by samydude on Mar 18, 2024 5:30pm
Taking profit on the sale of 500,000 shares into the public market at $0.04 for a cool $20,000 on Monday last week. Profit is profit.
Comment by Smokey1958 on Mar 18, 2024 5:45pm
Could it be from some of his RSU??? The transaction date was March 11th. It's still a small fraction of the 13+ million shares he holds. Often the RSU is a form of remuneration that replaces money (at least directly). So if he continues to deliver, good for him to pay himself a little ...$2000 isn't much!
Comment by Smokey1958 on Mar 18, 2024 5:50pm
Whoops! $20000 missed that last zero ....over 3 or 4 months not a lot of remuneration, if, he continues to sign off on new contracts.
Comment by Pandora on Mar 18, 2024 5:55pm
So he sold 500,000 shares at 4 cents giving him $20,000 and leaving him with a balance of 12,500,000 shares.??? Is that right?
Comment by Shlinker_ on Mar 19, 2024 9:33am
Still doesn't bode well, no matter how you slice it. I doubt it was a scheduled sale (TSV rules for some). Not cool. And nothing happening on the contract front. I don't think the products are as good as I once thought. Wait for the next pump and sell. 
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