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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 > Meaning of the options
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Post by jsim082 on Oct 05, 2023 9:18am

Meaning of the options

The exercising of the options without a doubt has 2 meanings, both of which are true:

1) The company is in financial trouble
2) The management has confidence in the company

To explain point 1 further - the $0.08 options were granted in June 2023, expiring June 9, 2025.

As far as personal investment strategies, there is no reason for the insiders to exercise these right now. Even if the shareprice were to skyrocket, they would still be able to buy these at $0.08, that is how options work. To put your own money in at below market value would make no sense as an investment strategy. They would only do this if they saw the company needing money. 

On the upside of course, they have the confidence to find that cash in their own pockets and provide.

One question I have - they need to do a finance anyway for the sake of uplisting, why not do it now? Either way, more shares are coming into existence (they just effectively turned options into shares), so why not kill two birds with one stone? I know MG said that the financing/uplisting was on hold, but the company being in need of money was never part of the discussion.

Also, the whole point of the recent webinar was to discuss the financials and how angry everyone was. He indicated that the losses were due to costs associated with closing the COVID business and that the company was financially healthy. It seems from this injection of cash that he wasn't being honest.

For others with more experience than me, is this approach to communication (sort of shameful hiding of the concerns) typical, or a DM approach?
Comment by swyint123888 on Oct 05, 2023 9:26am
I'm 50 / 50 on the 2 options you mention....a couple months back I asked why they didn't do this to show confidence and one of the misleading cult pumpers ( who I since punted to the curb ) said exactly what you say...no rush to buy them at this point in time....thus I'm 50 % that they need funds and 50 % they believe.....anyways its 700,000 to help keep the lights on.
Comment by jsim082 on Oct 05, 2023 9:37am
I'm 100% they need funds. I'm sort of new to investing, so please take this with a grain of salt, but to me it's just too weird a decision to make (buying options below market 2 years early), even as a way to show confidence. It seems like a desperate way to show the company is doing well. Why not instead put out an NR about the company doing well instead (25 SME already signed up for ...more  
Comment by jsim082 on Oct 05, 2023 9:38am
I was too slow in posting this one swynt! I totally agree, a show me the money NR would speak volumes.
Comment by swyint123888 on Oct 05, 2023 9:45am
I have no fear we are going to flop....the lights will stay on is my guess....the only fear I have is just treading water for at least 2 more years. AGPT is too early to tell but all the other ventues marshy undertakes have proven to take way way longer than first thought and some of his ventures have been terrible. I wait....is it 2026 yet....barring AGPT busting us out of here.
Comment by scottrose on Oct 05, 2023 11:13am
From the videos and reading through the white paper I know we have a great opportunity with AGPT. MG has clearly expressed the plan to improve marketing to scale this new additional vertical. He has 500K of his money in this he has to deliver hopefully before 2026. A good, motivated marketing team is what DM needs.
Comment by MUTDMUTD on Oct 05, 2023 9:33am
...as a rebuttal to your opinion... ... a reason to do the exercising now is to go to war with those who are holding back the SP and to also show, in the only way they can and this is only my opinion, that there are good things coming... they are not able to disclose anything material but they can exercise options when they want to... ...I doubt they are in dire need of cash and I doubt there ...more  
Comment by jsim082 on Oct 05, 2023 9:41am
Hey MUTD, I don't post much but just want to say your are one of a few who I love seeing post, so thanks for always doing that including on a day like today when I appreciate the sentiment boost. Question - why is it always the case that they can't disclose? I get that there are always NDAs, but what about the days when they did generic updates on # of COVID tests or # of productions ...more  
Comment by MUTDMUTD on Oct 05, 2023 10:17am
...thanks... just expressing my own opinion...I welcome your comments.... I am a big believer in free speech... which grates me when I see bashers that in my view have an agenda because they too can exercise their rights... but I believe someone here noted that true bashing is actually illegal .... but that owness of enforcement is not on my shoulders... I am here because I believe in Marshall and ...more  
Comment by Markhamjohn on Oct 05, 2023 9:52am
jsim082 prefaces his/her theories with the phrase "without a doubt". In fact these are just guesses. How about this as a possible theory.,,,, DM is about to be bought by a larger company for a good price. Part of the sales deal includes the cancellation of existing options after the closing date. Securities regulations prevent insiders from buying in the open market just before a ...more  
Comment by jsim082 on Oct 05, 2023 10:03am
Hey Markham, didn't mean to offend. Appreciate the discussion for sure, and if your point is a general one that other possibilities exist I certainly concede. Regarding the more specific possibility that you discuss 1) I believe MG said that they were not looking to get taken over. 2) It would be unusual for a takeover to happen all of a sudden - I'm fairly certain they would have to go ...more  
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