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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 Geckom24on Apr 30, 2017 10:33pm
107 Views
Post# 26185489

RE:RE:RE:RE:RE:Burning cash

RE:RE:RE:RE:RE:Burning cashYa I would think that would be doubtful aswell. Memex is a great Value pickup at these levels from the lagging sales last Q with tremendous upside. 


''comparing the company’s current assets (cash and liquid assets) to its total debt. OEE’s current assets of $4 Million cover the company’s total debt of $1 Million, indicating that the company is in a sound position to pay-down its debt when needed or favourable.''
-Simplywallstreet (April 19th 2017)



you have analyst positive outlooks

https://www.bnn.ca/video/robert-mcwhirter-discusses-memex~1062122

you have a gigantic growth side of the market with great partners in the space. The Director has bought a large amount of stock close to $100k worth in the last few months.

Sales stabalize to the upside, investors will return and we will be off to the races as we pull into the summer.

GLTA 



Bullboard Posts
Dealroom for high-potential pre-IPO opportunities