Datametrex AI Ltd V.DM

EV Connect Solutions?

[SeniorC]

First I want to congratulate DM management team and board for moving as they predicted to the EV vertical.  But there is a but!  We need more transparency as investors.

DM paid 10 M$ for what exactly?
As investor I want to see numbers.
1-Do they have products of their own or only the EVar exclusivity for Canada;
2-Do they actually generate revenues?
3-what is their anticipated contribution to DM financials in the short term and in the longer term?
4-the Website is a fresh release like those of Medi-Call at the beginning.  So I feel we never had clear information on what we paid for with Medi-Call.  I also have the feeling everything had to be developped and I am still wondering what was paid 12M$ exactly.  As of todays PR on Connect, I am nervous as I can not find more info.  To me it looks the same pattern.
I urge DM team to provide us with more information on what was paid for in Connect transaction and, what is the strategy to make it 2+2 = 5.  

I really like the idea to be in the EV market but, what are they planning to do with the Evar  Canadian exclusivity and, with the rest of business if there is something else?

looking forward more answers from DM

SC

[Aiking]

Good questions! As far as I understand the deal, the news release and the companies website, my answers below. But please ask Marshall, as I would be interested in an official answer.

[frewil11]

How can a company be less than a month old and be bought for 10 million ?

[maryhill]

This post has been removed in accordance with Community Policy

[swyint123888]

Well they most likley have nothing to their name, well how much can you accomplish in under 1 month   Corporations EV CONNECT SOLUTIONS INC. (1000200621)   Toronto, Ontario, Canada StatusActive       Incorporation DateMay 10, 2022May 10 2022

[MaterialWorld]

Great questions SeniorC. Another question is, what value does EV Connect Solutions Inc add to DM's bottom line and where does it come from. I'm sure that we'll be getting some NR's filling us in shortly........MW