RE:One step at a time.This was an excellent summary thanks for sharing wildbird. Lets also not forget about two key personnel additions (Benj Gallander and Ed Choi) who will no doubt bring a lot of attention DM's way in the coming weeks and months.
I had also wondered why DM didn't halt after getting the biggest sales agreement they've ever had before. This certainly would have gathered more attention. It could be that some of the latest halts seemed to have backfired, but my own speculation and hope is that there is a much bigger fish on the line that they are still reeling in. Personally I think we'll see something from Lotte first based on their previous relationship, which could very well be a monster contract.
There's so much to be excited for with DM that the latest sp decline doesn't bother me one bit.
wildbird1 wrote: March 26, 2020.
DM secured a 1 million$ contract from government Hyonsung company(revenue 25 billion$ CAN) in South Korea.
March 30,2020 "Datametrex is currently working with "various agencies" within the US government. This pilot project represent a major milestone for the company".
April 9,2020 "Lotte group (10 billion$CAN revenue) invited DM a prefered vendor of Lotte to participate in the bid to provide AI technology to the South Korean government".
April 22,2020 " DM is pleased to announce that the Canadian Department of Defence approved the second phase of a multi-phase R&D program".
June 29,2020 " DM introduce SMART ( a better AI mousetrap)".
July 2,2020 " The 2.6 million$ agreement will see DM provide SEES South Korea with an automated solution to be used by its large corporate clients (like Samsung 300 Billion$CAN revenue).
-The South Korea Government.
-SEES Solution South Korea(Samsung).
-Lotte South Korea.
-Hyosung Company South Korea.
-The US Government(could be the big one).
-The Canadian Government.
-Two Lake Group (Africa).
-Nato.
-Ect...
Most of the above are very big establishments, and DM is working with some of them on Pilot Projects.
Assuming that DM is already working with these big establishments, the big question is not if DM will sign a big AI contract, but when???
Positive EBITDA.
In the first half of 2020, DM has generated close to 5 million$ in sales. We can easily see even more sales in the second half of 2020.
DM could definitively have a positive EBITDA at the end of 2020.
A positive EBITDA is one of the most importand indicators of a Company financial health.
A positive EBITDA usually attract the attention of big investors(Big Banks, Big Funds, Ect...).
NOTE on the COVID-19.
It's not over till it's over. Today 2020,07,05 WHO reports record rise in global COVID-19 cases.
"Greatness doesn't come overnight. It come " one step at a time".
Trish Downing (First female paraplegic to complete an Ironman Triatlon).
Datametrex is building a solid customer base "one step at a time".