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Memex Inc V.OEE.H

Alternate Symbol(s):  MENXF

Technology Software - Application
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

Memex Inc > the regular penny bounce
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Comment by kalman007on Feb 18, 2021 12:07pm
428 Views
Post# 32596280

RE:RE:RE:RE:RE:RE:the regular penny bounce

RE:RE:RE:RE:RE:RE:the regular penny bounceDuffmeister,
While I must admire your optimism, i think you're delusional to think that David McPhail can pull it off.  As I said earlier, the pandemic and government handouts allowed this company to stay afloat and if not for that, they would have folded due to poor sales, direction and incompetent management.  You can go back to two years before Covid-19 and it was the same situation, notoriously infamous for promising sales growth, underdelivering and keeping shareholders in the dark.  As manufacturing comes back on line they may pick up a few new customers but the US is hell bent on buying US made goods/technology while Canada's manufacturing sector is not a huge market.  If the tech is sound then it comes down to one thing (CEO) and until that changes, OEE is going nowhere. jmo
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