Datametrex AI Ltd V.DM

New Position

[Reeseman]

Hey all. Took a 200k share position this week. What am I missing here? Makes no sense why this stock is trading at 18 cents. Positive cash flow with growth prospects in 3 different sectors plus being in final stages of 40 million dollar contract bid.

[frewil11]

Because it's on the venture with 350 million shares

[CandyC]

And a board member that sold his shares several months ago. Hopefully he won't do it again 

[Investor10X]

I can't explain it either Reeseman, just consider yourself lucky. I recently took a position too, as this is way too good to pass up.  I literally salivate over these opportunites. I've watched this stock for about a year and thought I missed my opportunity when I saw their record revenues of $19.04 million in Q1 up 2253%, but instead of moving up to a fair market value, it dumped

[astutein]

Investor10x-   You have stated a few times recently the folowing: "Revenue has got this company outofdebt with a sneaky clean balance sheet and over 10 million in bank" THIS STATEMENT IS TOTALLY INCORRECT. I refer youto company news release of Aug16 2021 which shows Total assets                 38,196,360   minus

[korupsion]

Welcome to the company and the board. If you have not already noticed we have quite a few winners on this board. It is the same on other boards I frequent so nothing new. In my opinion the stock is and has been heavily manipulated for quite some time now. Probably getting close to a year. Getting ahead on the venture exchange is tough but I feel sooner or later that a stock SP will end up at its

[Investor10X]

Here's that post Based on 10x earnings for the year:  (Using 355.17 current shares, 425.6 fully diluted shares) $60 million in revenues - current shares outstanding ($1.69),  fully diluted ($1.41) $50 millionin revenues - current shares outstanding ($1.40),  fully diluted ($1.17) $40 million in revenues- current shares outstanding ($1.13),  fully diluted ($0.93)

[Reeseman]

Thanks 10X!

[astutein]

investor10x- your post of 8/22/2021 shows the following 50 million in revenues- current shares outstanding ( $1.69) 40 million '                         '                                      ($  1.13 Try new price

[Reeseman]

Thanks Korupsion. Seems to be more discussion here than the twits board. More research I do more I like this stock. I'm buying. What I want to know is why are people selling? Used to wonder the same thing when I was accumulating SCR .37 to .75. That worked out just fine though.

[CandyC]

Reeseman welcome. Expect to be frustrated but rewarded large at some point IMO 

[Reeseman]

No worries Candy. Used to that by now.

[Investor10X]

The CEO had recently had meetings/phone calls with a number of institutions, so I don't think it's retail investors selling or puttting up those large blocks of shares IMO, I believe it may be some institutions taking a position in the company.  Also we saw quarter cent bid and ask increments (i.e. 0.1825 and 0.1875) on Friday, and I don't believe any platform for a retail

[CandyC]

I seen price at .182 and .188 Friday. I don't see this often. Perhaps OTC converted to CAD?

[astutein]

Reeseman. You are missing numerous issues.   The market appears to be valuing shares at .18 in my view based upon a few of the following facts 1. The current market cap is  64 million.  Recent Q2 reporting by company showed Total assets of      38 million minus 7 million of debt for a book value of 31 million.   total assets  include aprox 10