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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 May 29, 2017 8:18pm
138 Views
Post# 26298179

One thought

One thoughtOne possibility for lack of sales is the lack of size of the company.  I for one would be unlikely to deploy software from a 15MM market cap company in my huge billion dollar plant.  This product would sell much better under a GE, Cisco, or Mazak banner ... kind of like the saying .. "nobody ever got fired for hiring IBM..."

That being said trading for a takeout is tough indeed .. I got back in today .. small size.. everybody knew the quarter was going to be bad .. it was .. watch your stops ..

best of luck

J
Bullboard Posts
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