Datametrex AI Ltd V.DM

New contract

[Yeehaw1]

Up until now DM has not acquired a single new contract. 

In 2024 - we will see big problems as to run company- they do not have funds in their bank. 

MG keep in mind COVID is not there anymore to support DM. 

HOPE YOU HAVE SOMETHING TO TELL THIS AFTERNOON - or as usual you will be speaking some technical language and people start pumping after that. 

We shall see…

[Forge24]

DM has $5 mil cash per last report and revs coming in from all verticals now, AnalyticsGPT revs will be hitting by q3, onto next phase of government deal with money to come from that still (last phase and next phase)  Absolute nonsense to say they do not have funds in their bank.

[Citron]

Forge - looking at the balance sheet for the last several quarters, cash has been steadily declining.  What do you think the cash looks like on June 30, at the end of Q2?  You say Q3 will generate revenues but here we are approaching the middle of Q3 and I don't think the revenue picture is rosy enough to fix cash.  How much capital is being spent against the revenue?  What

[Forge24]

On Q1 reports it was noted that 1.2 million was spent on share buyback program, and over 2 million was spent on share buyback in 2022. From my understanding the buyback has completed as of Q1, so cash burn for Q2 and going forward will be significantly less. Cash burn was also higher in previous quarters due to groundwork and initial costs of establishing and building foundations for multiple

[Citron]

Negative earnings off of the revenue they bring in are likely.  That would be a bit of a drain on the cash balance.  We shall see in the not so distant future.

[peppesilver57]

Comment by peppesilver57on Aug 01, 2023 8:05am RE:RE:Attention all newbies and bully's GM all . To invest in a company like DM, u are in verticals that  provide safety, by better connecting with what corporations and people want. This is the hope of the future. Now if these ...more    4 59 Discussion  Comment

[scottrose]

I do agree with you that management needs to start delivering on contracts to cover the covid revs. I personally want to see a contract from existing clients or from a new client.

[RickyN]

August is here and with the launch of Analytics GPT, they might get or already have potential clients for it equaling to a contract. A lot can change in these last few months of the year.