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Bullboard - Stock Discussion Forum 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... see more

TSXV:OEE - Post Discussion

Memex Inc. > tax loss
View:
Post by kalman007 on Dec 30, 2020 10:59am

tax loss

Memex 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.
Comment by TriumphSpitSix on Dec 30, 2020 3:26pm
Again, it's "founder." Like a ship foundering on the rocks, correct? A "flounder" is a fish. True story.
Comment by ENEMENEMYNEMO on Dec 30, 2020 7:24pm
It's both floundering and foundering when it comes to this stock  I've lost 90% on this dud...still holding on. ...you'd think that in the era of every one staying home that robotic mechanization would be flourishing (another "f" word but not associated with this company).... maybe time for this owner to show up to F'n work and make us some money!
Comment by TriumphSpitSix on Dec 30, 2020 7:55pm
Frustrating is most often the F-word I associate with this one, prefaced with the other one we aren't supposed to type here. On a lottery chance, I bought a bunch at .007 USD hoping they surprise us with a contract or two soon. Months upon months of manufacturing downtime seems like the perfect opportunity to upgrade/connect/IOT your equipment to get ready for the eventual upswing. The ...more  
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