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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
Comment by mike49on Feb 26, 2019 7:26pm
115 Views
Post# 29417113

RE:News no good warrant at 0.05 ¢

RE:News no good warrant at 0.05 ¢You need to go back and read the whole release- maybe twice even.
This is a very tight loan structure with no blow out share freebies down the road and the juice is reasonable. No pp for now and low initial drawdown on this loan should tell you that memex is comfortable with it's near term cash flow and burn rate.
Good on memex.
fwiw- I think this "news" just gave oee some cover for iroc usual query.
we'll see if there is something to the volume soon enough.
Good fortunes
Bullboard Posts