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
"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
"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
"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
"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.)