Datametrex AI Ltd V.DM

V.DM PP investors running dry?

[samydude]

There appears to be a lack of investors appetite for DM, since only half of the latest PP this year has been filled.

To close the first PP, guarantees that there would be no share consolidation this year, and insiders had to buy in late to close the PP. This time insiders bought in early, and yet only half of the PP has been subscribed to as of July 3rd, and with no press release of the second half of the PP closing one has to consider that investors are getting concerned and holding onto dollars for other opportunities.

With DM missing its own YE financial release deadline of end of June from their own press release, which has been mentioned here a few times, and the jump in shares shorted by over 6 million, no close of the second tranche of the latest PP which was for working capital again in their own press release. Are investors leary and are starting to smell "blood in the water", and will the second tranche be repriced to $0.01 cent reflecting where DM sits since DM has had a new all time low of $0.005?

Only time will tell, the TSXV deadline gets closer, no replies to calls or emails from investors, even an acknowledgment would suffice, is it any wonder that this is stock sits at $0.01? Less than the $0.02 PP which should have built confidence? 

[Bentley2000]

....if they missed YE Financials....why isn't it HALTED??????

[samydude]

just read the Feb 8th news release that I am reffering to. 

[Bentley2000]

This is all I  can find!! Toronto, Ontario--(Newsfile Corp. - February 8, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex'') today announces that it is changing its fiscal year-end from December 31 to March 31. The Company is changing its year-end to better facilitate the audit process for audit

[samydude]

And does it not state, written by DM for release, that they are to release YE financials at the end of June 2024? Hence why I posted that they missed their OWN deadline to release YE financials, according to their OWN press release? 

[Bentley2000]

and that's why I asked...why are they not HALTED if they missed that deadline?????

[samydude]

What seems to me is that the statement of financials being released in late June was to get the PP (June 13th PP snuck into the Cereal Crunch press release) completed in short order, which it only received partial fill, playing games to get money invested. TSXV regs do give V.DM until July 31st midnight to file.  But.... if you as a company say you are going to do something (post YE

[Bentley2000]

...I agree.this is just such a confusing mess..I don't know what to believe anymore.