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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 TriumphSpitSixon Sep 17, 2020 8:51pm
117 Views
Post# 31579045

RE:blame it on covid

RE:blame it on covidRight. Companies that might have considered Memex OEE software have tightened the belt and are not making such purchases right now, even though a good argument could be made for investing in efficiency while the economy is slow.

Unfortunately, all it takes is a casual glance at multiple quarters' financials prior to covid to see that the company wasn't overrun with business even back then.

kalman007 wrote: While i was happy to see the SP back up to a whopping $0.015, it is pure BS and borders on corporate neglegence to mislead the shareholders to think that Memex's utter lack of sales revenue and overall poor performance has anything to do with covid.  but don't take my word for it.  go back and look at the graph and general growth under their current executive team for the past 3 years.  of course, the current state of industry does not help the company but please make no mistake and insult us by blaming it on covid.  their troubles started long before.


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