Datametrex AI Ltd V.DM

RE:RE:The difference in the MD&A

[rollthedice10]

RazeKreations wrote:

Old Statement

Summary of Recent Developments

 

The Company announced the Normal Course Issuer Bid program to increase value for shareholders. For the year ending

December 31, 2022, the Company has purchased a total of 21,594,000 shares in 2022 through the NCIB share buyback

program.

 

New Statement

Summary of Recent Developments

NCIB Share Buyback Program

 

For the three months ended March 31, 2023, the Company has purchased a total of 12,604,000 common shares of the

Company for an aggregate amount of $1,210,677 through the NCIB share buyback program. During the period, a total

of 16,390,500 common shares were returned to treasury and cancelled.

 

Summary of NCIB Share Buyback Program

 

• In 2022, the Company spent $2,040,650.71 to cancel 17,807,500 shares.

 

I definitely prefer the " new " version. I have to agree with other posters that this will be a welcome change. More detail and transparency is what a lot of shareholders have been asking for. Sure, they are very busy but thin
MD&A does not help anyone. I see this as a positive going forward. Maybe it will help quiet the bashers, but I doubt it. For the OSC to actually have a look amazes me. They must have received complaints. In this case, it is a positive for shareholders and will only make DM look more professional.
Staying long and strong!