Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSXV:DM - Post Discussion

Datametrex AI Ltd > Connecting the dots
View:
Post by Arbourmark on Sep 14, 2020 5:57pm

Connecting the dots

I have been digging deeper and trying to connect the dots. I will share my views on what I feel is happening with DM insiders being connected to Vancouver company Screen Pro Security.

Facts:

1. DM is monitored closely by TSX exchange and had to obtain permission from the exchange to utilize DM to sell Covid-19 tests as this is a material change to business model

2. TSX exchange agreed to DM selling kits

3. Covid testing involves 3 steps, selling test kits, professional trained staff to administer swabs, Accredited lab to analyze

4. Ryu selling DM shares

5. Many of the management and board members on new company (Screen Pro Security) are related to DataMetrix 

We know Datamatrex has openly stated they have an over whelming number of companies, governments contacting them for Covid testing. Datametrex can supply tests but this is only 1 step and they are restricted to their involvement. As we all know they aligned themselves with a Toronto lab, who also is associated with the new company ( Screen Pro Security) but they have added a accredited lab group in Edmonton and Vancouver, plus they have staff to administer swab screening to complete the 3 steps.

I believe RYU sold shares to free cash up to invest in new corporation but brought in an unknown private investor to DM with very deep pockets. When I last spoke to Marshall I asked what he considers deep pockets and his reply was $500,000,000 and higher. It would surprise me to find out in the coming months this anonymous investor as taken a 10% position or higher in DM and their identity will be revealed as required by the TSX.

RYU still has a substation all equity position in DM with about 15,000,000 shares and lots of options, it would make no sense for him to undermine or compete with DM.

Marshall has a lot of time and substantial equity position and options in DM, why would he take advisory position with Screen Pro Security to undermine what he is doing with DM.

In conclusion I feel we will obtain clarity tomorrow and this was the main reason for the webinar tomorrow. I feel DM will have an equity position in  Screen Pro Security possibly but guaranteed DM will control Covid Tests and that Screen Pro Security will purchase Test Kits directly from DM and DM will continue to make same margins selling to them but Screen Pro Security will complete the testing process with Swabs and Lab Results, thus satisfying TSX. I feel this will be positive for DM, more cash with more opportunities and letting DM focus on core business of AI while executing on short term Covid-19 testing opportunity.

I apologize in advance for spelling and grammatical errors, typing on phone is challenging.
Comment by Petro67 on Sep 14, 2020 6:09pm
I commend you for your time you put into this. However, I would be very reserved until we see the plot unraveling tomorrow and thereafter. Thus far, for last few months we have seen price being strangely held down and TSX hasn't investigated it although one of us has reported it.  W/o previous announcement we learn that the management is involved with different company and it may involve ...more  
Comment by forthemoney on Sep 14, 2020 6:09pm
Thanks Mark ... appreciated. See you tomorrow online. GLTA
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities