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Memex Inc. V.OEE

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 - Post by User

Post by kalman007on Dec 30, 2020 10:59am
152 Views
Post# 32197006

tax loss

tax lossMemex is good for one thing...tax loss.
I reached out to David McPhail a few years ago and unfortunately was sold on the technology and the opportunity in IoT. Unfortunately, it takes much more than good tech.  Sales which despite his best efforts and committment continues to flounder, strategy and a CEO who knows how to drive a public company to greater heights.  It also takes communication to its shareholders which we've seen very little of.  
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