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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

Comment by Sandcastleon Sep 17, 2020 1:12pm
130 Views
Post# 31577109

RE:blame it on covid

RE:blame it on covidIf anything COVID is heavily linked to the rise of industrial 4.0 related growth which includes factory automation. Memex is just not obviously capable of selling their software. I have been invested for 3 or more years in this company. Thankfully remained cautiously optimistic and invested very little. Regardless of COVID as per your assessment Memex troubles started long before and there appears to be little signs of life.
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