Datametrex AI Ltd V.DM

Quarterly report

[KingofHearts]

Anyone know why management has not filed
a quarterly report?
KOH

[Resilience19]

Since it's under TSXV - and not TSX - Annual and Q4 reporting requirements, for businesses whose FY ends Dec 31st, is end-Apr - not end-Mar. This year, since 30 Apr falls on a Sunday, DM should report Annuals/Q4s NLT May 1st.

[Markhamjohn]

Since DM wants to be on the TSX and in fact almost everyone thought that they would be there by now, wouldn't it be nice if they put in their " big boy pants" and filed as if they were already there - just to prove they can manage that requirement.

[GHZTECHY]

TSX Uplist Lastly, the Company would like to provide an update on its journey towards uplisting on the main board. Despite the Company's strong cash position with operating cash flow, the exchange has mandated a $10M broker financing prerequisite to uplist. Management is working diligently with the board to evaluate the situation and is exploring all available options to overcome this

[scottrose]

Don't think they meet most of the conditions. I would prefer they channel the efforts to getting the verticals going. Consistent good  performance will automatically help the uplsting.

[Resilience19]

Agreed. Last thing we want is undue dilution ($10M would, roughly, dilute by 30+% at current mc) after NCIB-driven efforts. I wouldn't like DM to go ahead with a $10M listing until its sp reaches somewhere around 0.50, which would give it a mc of $200m - meaning a potentially more reasonable dilution of 5%. So, if it means putting the uplist on the backburner for a while longer, so be it.