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Memex Inc V.OEE.H

Alternate Symbol(s):  MENXF

Memex Inc. is a Canada-based company, which is an Industry Internet of Things (IIoT) company. The Company’s segments include Software licensing, Hardware, and Support services and installation. Its flagship product, MERLIN Tempus, is a software-driven communications platform that delivers manufacturing productivity metrics, including Overall Equipment Effectiveness (OEE) in real time. MERLIN measures and analyzes manufacturing and production performance and provides its users with real-time insights on operational efficiency, as well as unparalleled visibility at all levels of the manufacturing process. Its MOMs Software products include MERLIN Tempus, MERLIN Tempus EE, MERLIN FOEE, MERLIN CI, MERLIN Operator Portal, MERLIN ERP and Ax2245 ScanGun Bar Code Scanner. Its IIoT hardware products include MERLIN MTC-One and Merlin Adapter for Siemens SINUMERIK 840D. Its DNC & Memory Upgrades products include MERLIN DNC, MERLIN Dostek DNC and more.


TSXV:OEE.H - Post by User

Post by duffmeisteron Jul 27, 2020 7:29am
215 Views
Post# 31322582

Kalman

KalmanI don't know how much of OEE's lack of performance is due to management and how much is because they were early to the game, probably both.  But I do know that the CEO of a public company is charged with the tasks of not only increasing shareholder value, but for keeping his co-owners (us who own the other 88% of shares) informed.  When the stock hits a penny, a CEO is obligated to hold a conference call or provide a written update in my opinion.  They need to man-up and communicate with their co-owners.   Unacceptable  silence
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