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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
Post by SuperMoneyon Jan 11, 2020 10:32am
189 Views
Post# 30541969

Just thoughts before the financial results

Just thoughts before the financial results

In my opinion, OEE has all the pieces lined up and with a sniff of real revenue supported by the record bookings. My gut feeling is that the price will raise rapidly if we see good financial results.


Let's take few minutes to review the followings:
 

1) The company’s previous presentation:

https://www.memex.ca/wp-content/uploads/Investor-presentation-Q3F19.pdf

(2) Wednesday, November 6, 2019

Jergens Inc. Initiates a Plant-Wide Roll-Out of MERLIN Tempus.

"Continuous increasing adoption of MERLIN Tempus is a testament how valuable MERLIN Tempus is to the manufacturing sector and recognition of the tremendous benefits offered by MERLIN Tempus," said David McPhail, CEO & President, MEMEX Inc. "Jergens is at the forefront of manufacturers adopting digital transformation strategies to optimize their operations, and MEMEX's MERLIN Tempus fills the void of automating and accurately measuring overall equipment effectiveness. Our pipeline remains robust, and we are optimistic about our role and prospects as manufacturers undergo their Industry 4.0 transitions."

https://web.tmxmoney.com/article.php?newsid=5124589238741351&qm_symbol=OEE

(3) Tuesday, October 29, 2019

Primetals Technologies USA LLC Follow-On Purchase Order.

"We're very pleased to expand our relationship with Primetals Technologies, a global provider of technology and services for the metals industry," said David McPhail, CEO & President, MEMEX Inc. "Digital transformation of the steel industry (and manufacturing in general) is trending upwards as interest continues to grow for IIoT-centric, data-driven manufacturing solutions. We saw evidence of this in the record bookings we announced along with our third quarter financial results. MEMEX's MERLIN Tempus has clearly demonstrated the ability to scale and uncover costly inefficiencies with both small and large manufacturers, and we look forward to demonstrating MERLIN's expanded features not just to Primetals Technologies but to all of our valued customers and prospects."

https://web.tmxmoney.com/article.php?newsid=7839804888526585&qm_symbol=OEE

(4) Wednesday, October 16, 2019

Canadian Made - Usinatech Adopts MEMEX's MERLIN Tempus.

"Although MEMEX is proudly Canadian, the Company has continuously generated the majority of its revenue through clientele in the United States," said David McPhail, CEO & President, MEMEX Inc. "This is MEMEX's largest Canadian installation project since going public in 2013, and we're confident that Usinatech's adoption of MERLIN Tempus will provide an efficiency advantage as they compete in the global market. We're proud to contribute to a Canadian, data-driven manufacturing success story."

https://web.tmxmoney.com/article.php?newsid=5510640200707833&qm_symbol=OEE

(5) Thursday, October 10, 2019

MEMEX Extends Auto industry Penetration.
"This client plans to showcase MERLIN's capabilities in two separate plants - one in North Carolina and one in Mexico - and positive results could turn this order into full plant roll-outs at both facilities," said David McPhail, CEO & President, MEMEX Inc. "Historically, we have concentrated the majority of our sales efforts within the aerospace and defence industry; and by leveraging these client's results and ROI, we were able to sign this deal in what has been a difficult sector for externally developed data-driven manufacturing solution providers to penetrate. A clear example of an auto manufacturer choosing to focus on their core manufacturing capabilities rather than developing a software solution in-house."

https://web.tmxmoney.com/article.php?newsid=5556425757499723&qm_symbol=OEE


(Disclaimer:  This is only the information I have read as well as my personal opinion. It is NOT any investment advice. Do your own DD.)

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