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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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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Post by JimmyB73on Mar 18, 2017 8:01am
278 Views
Post# 25997083

Cash burn

Cash burnLack of sales may lead to an equity issue and further dilution... they have enough cash for 3 more quarters .. fine .. agreed .. but you don't wait until that third quarter to issue stock.  I Like the company and product but waiting to see what sort of sales this quarter brings.  Which may be soft due to Tempus release only in mid feb?
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Dealroom for high-potential pre-IPO opportunities