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Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from social media, news, blogs, forums, messengers, enterprise data, and the dark Web, creating predictive analytics. Cyber Security is a deep analytics platform that captures, structures, and visualizes vast amounts of unstructured social media data, which is used as a discovery tool that allows organizations to make decisions. It offers Nexa Products, which consists of NexaSecurity and NexaSMART. Healthcare consists of Imagine Health Centres, a multidisciplinary healthcare facility, and Medi-Call, a telehealth platform. The Company also offers a mobile blockchain game, Cereal Crunch.


TSXV:DM - Post by User

Post by PercySweetwateron Sep 14, 2020 5:00pm
464 Views
Post# 31555756

A hypothesis...

A hypothesis...DM is an AI company and not in the business of performing covid tests, so they set up a separate company who will actually perform the tests (Screen Pro).  This new company requires start-up capital so they sell some shares in a private placement (Ryu sells some DM shares, so that he can participate in the PP).

DM has contractual arrangements with test kit suppliers, so DM buys the test kits and resells them to Screen Pro.

Everyone wins in this scenario: DM continues to generate cash from test kit sales to support it's AI development; Screen Pro can provide a total testing solution (test kits and actual testing) to worldwide markets; DM shareholders benefit as DM continues to generate revenue from test kit sales and DM also owns a chunk of Screen Pro (hopefully increasing DM stock price).

Just a hypothesis.


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