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Memex Inc V.OEE.H

Alternate Symbol(s):  MENXF

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

Bullboard Posts
Post by ChasingWiLanon Nov 01, 2016 3:18pm
149 Views
Post# 25411823

Technicals or News

Technicals or NewsI just posted this on TMG board as I also hold that stock, but I reaslise looking at the charts that the exact scenario is playing out here (with some SP changes).

Without news it is reasonable to expect the SP will approach will approach the 50 Day MA, around $0.22 by the end of the week (Just as DYA did after its initial run up) before the next leg higher.

With News a short squeeze will quickly push this over $0.40 IMO.

The question is do you want to chase other spec plays with zero revenue while you wait for 1 of these 2 scenarios to play out?

DYODD

GLTA

Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.tmg&postid=25411761#sgHovKHHRxDRjB7P.99
Bullboard Posts