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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
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Comment by Louis1000000on Aug 20, 2017 10:23am
137 Views
Post# 26600720

RE:RE:Doubled Up Today on Shares

RE:RE:Doubled Up Today on SharesMaybe not break even this past quarter, but one good indication that things are moving in the right direction is the 30% increase in Unearned revenues last quarter. These payments received by customers prior to goods and services being delivered shot up from $565K to $732K. or close to 30%. And this the highest level it has ever been in their history.This fact combined with the announcement that $380K of sales were recorded in the 6 weeks alone, ending June 21 2017 indicates that sales have picked up very early this year. I am still expecting good news tomorrow.
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