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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

Comment by Biggaineron Feb 02, 2021 8:48pm
89 Views
Post# 32454394

RE:OEE- small IOT company- hidden penny gem @$02-$.025

RE:OEE- small IOT company- hidden penny gem @$02-$.025Thanks. The big volume and the price increase that happened on January 12 to 18 really intrigues me (where 36 million shares traded hands at a price between $0.025 -$0.04)
If we average the price at $0.0325, that's almost $1.2 million worth of stocks that traded hands.
Why did it go up?
Who bought all those shares?
And why did it not break out of that $0.04 resistance?
Will they try to make it break out again?
If so, will it finally get past that $0.04 and then the $0.05 resistance level.
This was a $0.45 stock just over 4 years ago.

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