Datametrex AI Ltd V.DM

Takeover target

[Thecook100]

Does anyone think we could be a potential takeover target ? I am very happy w my investment here but seems like something is not right imo. Markets and lots of stocks going bananas constantly reaching all time highs and here's DM stuck in the mud. Frustrated, but have faith in the team lead by MG. Hopefully the next few weeks plays out in our favour :)

[maryhill]

This post has been removed in accordance with Community Policy

[frewil11]

The whole penny stock market [ micro cap ] has been brutal , the old saying sell in May and go away has been in full swing and the volumes have been very low.

[Thecook100]

Great points all, thx u. I believe its one last choke out and sell in May definately is in effect. Drag. gl all

[CandyC]

You mean sell in March, April and May and go away for the penny stocks. The Venture was at 1090 a couple months ago. It's down about 15%

[frewil11]

Ya , looks that way.

[swyint123888]

I thought the players were maybe trying to drive it towards 20 for the telehealth "target" deal to close, 60 million shares at 20 cents Torlif along with some others myself included think that deal is dead so if true they aren't taking it to the 20 area. I'm going with nothing more than a choke out until news comes Q1 being the grand daddy.....any solid news in the interim may

[Oden6570]

I disagree that the deals are dead ! One way or another it would be a material event would it not ? I believe we are being held down for this very reason. Why else would we have silence and crickets from Mgt. If the deal are in fact shelved for one reason or another and shareholders are not told this would be quite alarming . Perhaps someone will ask the question Monday and we get an answer. I as

[Oden6570]

 One other thought is perhaps Marshall is taking questions Monday because DM will be issuing 3am NR Monday as well. Surley he must know investors want to be informed on these 2 deals. 

[swyint123888]

If the target deal does go through what kind of revs per quarter do you think it will need to bring to the table to justify the 12 million dollars and 60 million share price tag.....I'm hoping 1.5 million or so or we may get spanked

[TorlifTostorson]

This would be an adequate revenue, by that company. But I think DM would do much better to invest that money in their own team. I would like to see issuing 5 million shares at 0,40 CAD, buy medicine specific data sources, hire ML programming stuff, and develop your own solution, improve DM existing tech, go for the masses with NexaSmart by hireing a fulltime sales team and one marketing pro. That&

[TorlifTostorson]

Hi @Oden, I also see it as a big bad thing what the insider selling by Andrew Ryu, did to us in February. We had a great run, and traded nearly two week sideways, beside the external effect of the FED announcement, it was the insider selling that left us retail investors with the bag. If those announced acquisitions are still executable, then we'll see sooner then later, how management will

[WalkingDead01]

May be this one ?  https://rapigen-inc.com/wp/portfolio-items/covid-19ag/?lang=en&ckattempt=1 https://www.datametrex.com/covid  

[TorlifTostorson]

This would make sense @WalkingDead, as you don't need a test machine to process the test, but first it's not Health Canada approved and second it's not for self usage, as you need to stick up the swamp deep into the nose or mouth (need someone to do it for you). So very likely it's not that test. Best Torlif