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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
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Comment by retiresoon58on Sep 23, 2016 10:52am
105 Views
Post# 25270269

RE:RE:TGIF

RE:RE:TGIFI would agree Pokercat. I sell software for a living and the lead time on these types of purchases can be months.  Memex has positioned themselves with leading technology in the space in a SaaS model.  While I am certain there is plenty of interest, there will be a lag on orders and committments unless there is a Capex budget in place for these type of purchases. Compelling case or not, there still needs to be testing etc ... I tried to make this point yesterday. 

I believe Memex is the real deal but we need patience to see the order backlog change with the Cisco relationship.  Memex will also be limited on the NR side.  There are defined regulations regarding NR's that they will need to follow. (Revenue announcements generally required a specific order size or NR's regarding a specific product with a number of orders associated with the sale of the product).

GLTA

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Dealroom for high-potential pre-IPO opportunities