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 manufacturing operations management system (MOMS) software products include MERLIN Tempus, MERLIN Tempus EE, MERLIN FOEE, MERLIN CI, MERLIN Operator Portal, MERLIN ERP, and Ax2245 ScanGun Bar Code Scanner. The Company is engaged in the development of MERLIN Tempus, a platform that delivers real-time, tangible increases in manufacturing productivity. The MERLIN Tempus suite provides quantification and management of overall equipment effectiveness (OEE) by revealing hidden capacity using real-time objective data. Its IIoT Hardware products include Ax760 MTConnect, and MERLIN Adapter for Siemens SINUMERIK 840D. The Company’s hardware solutions offer manufacturers the essential link that allows manufacturers to connect machines together. Its DNC & Memory Upgrades products include MERLIN DNC, MERLIN Dostek DNC, Behind-the-tape Reader (BTR), and Memory Upgrade.

TSXV:OEE.H - Post by User

Memex Inc

Bullboard Posts

Comment by 1969Enigmaon Sep 06, 2016 12:13am

113 Views

Post# 25208917

RE:OEE management is committed to success

Agreed 100%

Pumpersarescum wrote: To all the people on this board, rest assured that the management of OEE are FULLY COMMITTED to the success of the company. If you are ever in doubt, check SEDI, as presently approximately 45% of OEE stock is held by management and insiders.....During the recent run up, not (1) single share of stock has been sold by any insider......I rest my case!

Q. Does this sound like a company who's management has given up?

Quotes from Colin Fisher... (the analyst from BNN):

Trelawny wrote: Hello,
I see some people hopping up and down trying to send the share price down.

I would say there are a number of strong fundamental and market reasons why the share price should hold in. This is of course barring a macro-economic shock that would send the whole market down.

1)     They just received about $800K from the warrant exercise.
a. This means they don’t need to raise dough for the foreseeable future. This materially takes pressure off of the stock.

2)     They are at IMTS which comes around only once every two years – this is a big deal.

3)     I believe that before and on the heels of an event like IMTS and the partnership with Mazak and Cisco that there could be additional news.

4)     Their financials are getting progressively stronger – so this is a strong signal to the market to anticipate the next quarter.

The one potential con is that the price has moved quickly to this level – so a reasonable pull back could be contemplated, but I think the first 4 reasons will win out in the medium, and possibly the short term as well.

Best regards,

Colin Fisher

Trelawny wrote: Gentlemen,
I thought I would weigh in on Memex. We at StableView are big supporters of this company. I believe they have solid management, a good board, and excellent technology.

I believe that Sophic Capital has done an excellent job with their report on Memex.

You can find that report here:

No Machine Left Behind
https://sophiccapital.com/no-machine-left-behind/

Happy to answer any questions, within reason, that you may have.

Best regards,

Colin Fisher, President and Portfolio Manager, StableView Asset Management