Datametrex AI Ltd V.DM

Discord July 12 2021 video

[Judoka4eva]

Hi folks as promised converted and posted. As I don't have access to a computer I'm unable to edit or grab the text. Maybe someone else can via the video. Enjoy. https://youtu.be/ptuFnSm6M6I

[MoneyMKR72]

Thank you 

[fearlessggg1962]

Thank you Judoka, I truly appreciate your efforts to help other shareholders sort out the future of Datametrex. Having said that; Listening to the recording carefully, I found some of Marshall's wordings around the 20:34 minutes pretty interesting, where he talks about having 10's of millions in the bank and in cash equivalent. So to me the bank account has increased in value now so if

[MUTDMUTD]

Fearless, your hearing is good... I heard that too and I smiled!

[wildbird1]

fearlessggg1962, here is the transcript at the 20:24 time ... M.Gunter said " The AI is in a really solid position, it is going to be in the most solid position we ever had, and we are heavily Bankroll(supply of money). There is tens of millions (more than $20 million) of dollard sitting around in cash or cash equivalent right now, witch is good and we are hiring and we are expanding because

[MUTDMUTD]

To me... Millions of $ = more than $2M, no upper limit but implied of less than $20M.... TENS of Millions of $ = more than $20M, no upper limit but implied of less than $200M.... then HUNDREDS of Millions of $ = more than $200M, no upper limit... hoping Marshall one day can say the latter... All IMO. DYODD.

[wildbird1]

In the next Discord(two weeks), we should ask M.Gunter if there is really tens of Millions dollard in the Bank. If the answer is yes(as I beleive it is), then "BOOM" All of this bode well for the Q2 financial. Numbers do not lie...We just have to be patient, and wait for Q2 numbers.

[frewil11]

Yes level 2 is looking much better. GL

[dirtydzn]

Respectfully, Mr. Gunter had requested repeatedly not to ask questions regarding financials as he can't discuss is via Discord. In addition, it's very plausible we have 10s of millions in the bank in cash and cash equivalents. Just because Q2 financials aren't out yet doesn't mean the money doesn't exist. Come on folks, the money doesn't magically appear when Q2 financials

[UprootedData975]

Yeah I wondered about the tens of millions comment as well -- I did a bit of exploring and found that (though I tend to think of tens of millions as 20+), it can mean anything above 10. If DM had 13 million a few weeks ago I'm not sure they could acheive a 7mil increase, especially since we can assume they're spending some of that cash along the way...would be a nice surprise though eh

[swyint123888]

For what's worth or if it matters here is what googly has to say Generally “tens of millions” is a phrase used to mention something huge in number. It could be any number above 10 million & below 100 million.

[fearlessggg1962]

Thank you Wildbird, That is exactly what i thought(over 20M) in cash or equivalent value, slip of the tongue maybe?  but that slip was not intentionally and I honestly believe that Marshall is a straight Shooter and he was pumped up to the point where that slip came out of excitement. As mentioned by one of the poster on this BB,  using words like Massive is definitely out of the

[Rancher]

He also talked about being in talks with several Institutional Investors.  I get that that's good and vote of confidence in the company, but I'm concerned the dilution that brings if they issue a boat load of shares for cash they don't really need if they are sitting on 10s if millions of dollars.  What's everyones thought about that?

[MomenTom]

    The institutional investors will be buying on the markets, not from a new emission.   I dont think we will ser further dilution except for the 15 millions for the drone company.  This is only my opinion, but thats what i would do.  

[MUTDMUTD]

I asked Marshall about that specifically at a Discord and Marshall said there was no interest in dilution but rather the Institutional Investors would begin buying on the open market... which is good for everyone IMO... I also agree with another poster here that they IIs would likely do this covertly, in smaller batches, to get it at the lowest price and avoid attention... doubt they would place a

[wildbird1]

We all know that we are not allow to ask question about revenue. But are we allow to ask M.Gunter for clarification on comments made by himself on the previous Discord. Like; Can he clarify if his own commentary "Tens of Million" meant more than $20 million. Unfortunately the NDA may force M.Gunter to sidestep this question, or he might sidestep the question because he consider this

[mellocello]

This post has been removed in accordance with Community Policy

[wildbird1]

I agree with you mellocello & fearlessggg1962 that M.Gunter did say "Tens of millions of dollard". The big question is. How much revenue does Datametrex need to generate in Q2,2021 in order to accumulate $20 million in the Bank??? The numbers... -In Q1,2021 the real increase in cash in the bank was $2.6 million ($4.6 million Q1 - $2 million from 2020 cash in the Bank). - This $2.6

[TorlifTostorson]

@wildbird: I love it when you're playing with the numbers! But as solid your math is, I would be extraordinarily happy to see those numbers at the end of August ;) Best Torlif

[Resilience19]

I may be wrong but, I personally think that MG has probably had a slip of the tongue and that he meant 10s of millions in revenues rather than in cash. If so, I'd go on the conservative side of things and estimate $25M in revenues and $9M in cash - which may end up translating into $15M, or so, in the bank (after expenses) come Q2 results. I know these figures don't jive nicely with a rule

[TorlifTostorson]

$15 million in cash seems plausible to me. JMHO Torlif

[wildbird1]

If it is a "slip of the tongue", then M.Gunter in the next Discord will have no problem correcting the "tens of million dollard" quote, it would not go against any rules to correct himself. Still if revenue are in "tens of million of dollard" (+$20 million) that would still bodes very well for Q2 financial. Its a Win Win situation.

[TorlifTostorson]

Very likely it was a "slip of the tongue". And we shouldn't take discord meetings as hard fact based Info source. He talks free about all the questions we ask. Only hard fact sources are press releases, website and SEDAR files. JMHO Torlif

[mellocello]

This post has been removed in accordance with Community Policy

[MomenTom]

I did some napkin maths and I'm just a bit short of you at 17 millions revenue for Q2.  I hope you're right though :)

[swyint123888]

Thanks for keeping it real for all the shareholders on here. We know the more expensive PCR test dropped by 28,000 from Q1 and the cheaper kit rose to 50,000 from 40,000. We know 500,000 New and fresh AI revs came to the table Your estimate is pretty bang on by what I see, unless unreported AI revs are in the Q2 report we have to be a little less revs than Q1 simply due to the fact we lost 28,000

[jsim082]

I just want to mention, we don't know how many of the antigen tests they sold (if that's what you mean by "the cheaper kit" - you may instead be referring to the PCR kits sold being less expensive that the tests performed). The news release says how many 1drop PCR tests they sold, not any other kits. This is worth noting, because Marshall said in an earlier discord that the

[swyint123888]

A boon to them.....what does that mean.....just did a quick googly and Abott labs sells them for 15 dollars......revs are no where near 80 million, and with Momentom last posts are revs for Q3 are dropping further unless AI picks up the slack