Memex Inc V.OEE.H

Alternate Symbol(s): MENXF

Technology Software - Application

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

Memex Inc

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Post by kalman007on Jan 27, 2021 12:32pm

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Post# 32399722

management

To those people contemplating investing in this company...
I'm with the last few posts that cannot understand what upside there is here under current market conditions and the company's management that has failed to deliver despite assurances from its CEO they would drive sales growth. Never happened. One need only to look at the last couple of quarters where revenue has fallen 46% and 40% respectively and there has been no press releases discussing anything new to make the investment community notice it. Memex is stale and stalled. in addition, the CEO claims Covid-19 as the catalyst for its underperformance. That is a cop out as their underperformance began years ago. jmo

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