Datametrex AI Ltd V.DM

DM performance

[tankumo]

I see some are complaining the performance of this stock.

I follow hundreds of stocks and I can tell you most are just as bad, and many are worse.

It's the market, no one wants to really commit now, and the general market still has room to go down, so hang in there, DM is actually doing well in this environment, relatively speaking.

Take Cloud MD for instance, its high was well over $3, now it is below 70 cents, that's a lot worse than DM.

JMHO.

[Shlinker_]

Hmmmm. Yeah, but market sentiment is one thing, individual stock sentiment is another. DM never had the chance to pump and dump like other stocks last year for other reasons, pick your poison sort of thing.

[MaterialWorld]

Wow, talk about performance. Look over on SCRN and it looks like an all out share holder revolt. I wonder what MG has to say about the goings on. Does'nt DM hold about 40% of SCRN shares. ( if I'm wrong folks, don't be afraid to tell me off ) SCRN just did a 1 for 10 share consolidation and it looks like it's already headed back down to .01 cent. I was going to buy in a bit ago but

[PercySweetwater]

DM sold concierge to scrn for 36m shares at a sp of $.05 for a total sale value of $1.8m.  After the rs DM now holds 3.6m shares. At the current sp those shares are worth $234k - a loss of almost 1.6m. I can see why scrn shareholders are a tad pissed (DM should be as well).

[MaterialWorld]

Hi PercyS, thanks for that. Maybe I'm wrong, but I can't get it through my pea brain as to what the heck MG/DM mindthink is insofar as, how will you and me as shareholders prosper from a deal like this. I just don't get it. Look at what share holders of SCRN are going through right now. This does'nt look good at all. I don't get it. GLTA................MW 

[PercySweetwater]

SCRN has pulled two questionable moves recently: (i) 10-1 rs with no follow-up news to bolster the sp, and (ii) a sketchy looking acquisition which could end up with the acquired company actually holding the majority of the shares in scrn. I think DM will probably write off the scrn assets from their books. I almost invested in scrn, but after some dd decided that scrn was a one-trick pony and

[swyint123888]

I hope when covid testing is all done we distance ourselves all we can from scrn and if need be find someone reputable in that space, I'm 100% certain we can find a big leauge player to roll out our medical end of things (we certainly don't ned scrn for that) but for now I know we have to stay attached to scrn for the test kits is my guess

[MaterialWorld]

Well PercyS, I guess if MG/DM have already lost 1.6 Million Dollars for us share holders investing into SCRN, I suppose that last little $234,000 left to lose won't be that hard for us to swallow...MW

[PercySweetwater]

As R19 pointed out DM has made much much more money from scrn via testing, so I am not concerned at all about writing off the $1.8m from DM books.

[MaterialWorld]

Very true PercyS. DM accually did OK profiting from SCRN. Bottom line is, we're onto something very, very good with DM......to good too be true.......................MW One more thing. Look at these crazy walls at .16, .19 and 20. We're being manipulated like crazy Speaks volumes

[PercySweetwater]

Totally agree MW. DM sp is being heavily manipulated (for a reason, but they are not getting a single one of my shares), and we are on to a very good thing!

[MaterialWorld]

Hi PercyS, let's not forget that more times then not, military contracts turn out very, very lucrative. DM military contract must be working better than OK because they're still doing business with us. If DM tech was a flop, we would've been gone long ago. We're definately in..............MW 

[eeFexx]

I don't see this stock as being manipulated. As Shlinky says, there is no interest, that's all. One reason could be the write-downs and shady share deals. Well that is no surprise because I posted this a while back if I recall. Or at least thought of warning you all. Very questionable dealings in the past and current!

[Investor10X]

News is on the way and DM is set to start climbing again. Those who have done their DD and have invested in the stock know the stock is way, way undervalued.  There's far more money to be made for the institutions in letting the stock climb then to keep flipping for pennies.

[forthemoney]

Any idea what they're waiting for, Investor10X?

[Investor10X]

Your guess is probably as good as mine.  There has been plenty of news releases, along with the revenue, positive earnings, debt free, etc...  that should have propelled this stock well above the 60 cent range by now to even the dollar range. It also doesn't help in terms of sentiment that the junior stocks are bascially in the dumps, the market in general has been in the dumps and

[PercySweetwater]

My guess is that they are waiting for the uplisting to the big board, so that there will be more potential buyers which would allow them to run the sp up higher.

[Resilience19]

Yes, on paper DM sold Go-Stop +or whatever the name) to SCRN for $1.8m in shares (valued at 0.05 at the time). However, DM had bought the app for $700,000 or so earlier that year. So, yes, it sucks that DM's SCRN shares are only worth $200,000 or so, at this time, but I don't really care because thr test kit income SCRN has been and continues bringing DM is worth multiple times the value