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Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from social media, news, blogs, forums, messengers, enterprise data, and the dark Web, creating predictive analytics. Cyber Security is a deep analytics platform that captures, structures, and visualizes vast amounts of unstructured social media data, which is used as a discovery tool that allows organizations to make decisions. It offers Nexa Products, which consists of NexaSecurity and NexaSMART. Healthcare consists of Imagine Health Centres, a multidisciplinary healthcare facility, and Medi-Call, a telehealth platform. The Company also offers a mobile blockchain game, Cereal Crunch.


TSXV:DM - Post by User

Bullboard Posts
Post by Matamataon Jan 26, 2018 12:47pm
612 Views
Post# 27441825

Datametrex AI 8020 Connect Group

Datametrex AI 8020 Connect Group
Hi Terry, thanks for the question and apologies for the delay getting back to you. This is not an overnight process, taking a company public via a Non-Offering Prospectus is very similar to an IPO only less expensive and generally quicker. We are working with our lawyers and will provide an update on the record date when we get colour on it. Our view is that this is a win for DM and our shareholders. If you recall, we initially invested $200k for 50% of Graph Blockchain and Bitnine also invested $200k for 50%. Bitnine brings all the technology, developers and are selling the solutions. Our responsibility was to fund the company as we just did with approx $3.5M directly into the company and take it public. As you know, the proposed plan is to provide DM shareholders with 1 new share for every 20 DM shares they own. DM will remain a large shareholder of Graph as it goes public. Once public DM will be diluted from 50% to between 20-30% depending on a funding to go public. We expect our $200k investment to be worth $5-$10M depending on the valuation Graph gets on the go public listing plus DM will still have exposure to the upside. Shareholders have continued exposure through holding DM shares plus they will have direct ownership via the dividend share. Hope this helps. Jeff
 

Bullboard Posts