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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

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Post by Rancheron Mar 17, 2021 11:26am
120 Views
Post# 32816347

No Sales Drive

No Sales DriveWoW!  Reading the CEO's comments on Q1 financials, it's obvious there is no sales drive in this company.  They seem to have a product that manufacturers should be fighting to get.  With insiders only holding 13% of the comapany, I don't see things changing anytime soon.  I was thinking of taking a flyer and parking a measly $500 here but, can't seem to justify even that little bit.  Kind of sad.  I hope I'm wrong though.   Good Luck to the longs that are here anyway!
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