Memex Inc V.OEE.H

Fundamentals with potentials

[SuperMoney]

For those who want to get some key information about OEE, please read the company’s updated presentation at:

https://www.memexoee.com/wp-content/uploads/OEE-Investor-Deck-Q1F19.pdf

In addition, please be aware that Memex Inc. reported Q1-2019 results with Record Quarterly Bookings.

https://ceo.ca/@accesswire/memex-inc-reports-q1-2019-results-record-quarterly

Please carefully read and understand the following Management commentary from above news:

"We're pleased with the quarter's year-over-year revenue growth and record bookings," said Memex CEO David McPhail. "As we stated in our year-end press release, we anticipated that this quarter would be generally weaker due to holiday shutdowns in the manufacturing industry." Mr. McPhail went on to comment: "Subsequent to quarter-end, we are seeing increased activity that should flow through the second quarter."

In addition, $1.5M loan facility was secured. Please read it at:

https://ceo.ca/@accesswire/memex-inc-secures-up-to-15-million-in-loan-facilities

The following management commentary is quoted from the above news:

“G&G's engagement with Memex comes at a key moment in the company's development," said David McPhail, Memex's CEO. "Operationally, while Memex is executing well on the metrics that matter-bookings, backlog, revenues, margins, and cash flow generation-we believe the share price does not currently reflect the improving trend in results reported in fiscal Q4 and confirmed in fiscal Q1."

I believe that everyone should now have some clues about how good the Q2-2019  financial report will look like.

As the release date for Q2-2019 comes closer and closer, given large share accumulations at 0.045-0.05 over the past few weeks, should it be the time for OEE to move higher?  Everyone should have their own right judgement!   GLTA.

Disclaimer: This is only my opinion that might be wrong. It is NOT any financial advice. Please do your own DD.