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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 > DM did not participate.
View:
Post by Markhamjohn on Dec 12, 2021 12:43pm

DM did not participate.

Charts1, thanks for the article but it appears DM did not benefit (again) from the government contract, as indicated below. What is particularly frustrating is that Switch health is a new company, and has a history of screwing up on previous contracts but they have people involved who know people ( former head of Air Canada). So they keep getting rewarded regardless. "Switch Health is responsible for testing in Ontario, Alberta and Atlantic Canada, with a contract value worth up to $440 million. LifeLabs is providing testing services in British Columbia, Saskatchewan and Yukon with a contract worth up to $111 million, and Dynacare is operating in Quebec and Manitoba with a contract worth up to $80 million."
Comment by Shlinker_ on Dec 12, 2021 12:48pm
DM and SCRN management are happy with what they have. There is no incentive to grow from current levels, other than a growing annual salary, cheap options, and an annual pump to sell them. Rinse, repeat. DM absolutely should sell themselves for 80M. 100M if MDA co-bid actually works out, depending on what they actually do for this contract. Who TF knows.
Comment by fearlessggg1962 on Dec 12, 2021 1:39pm
In a way, I am very happy that DM did not participate, they will more than likely participate in other type contracts that will be more lucrative and probably less headache logistically. A $631M contract is a huge contract and can create a logistic nightmare so that will keep that group so busy that they will not pay attention to smaller type contracts and yet be very advantageous to a smaller ...more  
Comment by Resilience19 on Dec 12, 2021 1:51pm
@mark, DM does not conduct testing. It only sells test kits. If anything, it would have been for SCRN to bid to get involved in testing. If they haven't it may simply be for lack of capacity. I don't know. This said, it may be that DM will get test kits orders from some of the businesses listed. If not, they'll continue generating income from legacy agreements which, so far, are pretty ...more  
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