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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 Biggaineron Feb 02, 2021 8:48pm
107 Views
Post# 32454394

RE:OEE- small IOT company- hidden penny gem @$02-$.025

RE:OEE- small IOT company- hidden penny gem @$02-$.025Thanks. The big volume and the price increase that happened on January 12 to 18 really intrigues me (where 36 million shares traded hands at a price between $0.025 -$0.04)
If we average the price at $0.0325, that's almost $1.2 million worth of stocks that traded hands.
Why did it go up?
Who bought all those shares?
And why did it not break out of that $0.04 resistance?
Will they try to make it break out again?
If so, will it finally get past that $0.04 and then the $0.05 resistance level.
This was a $0.45 stock just over 4 years ago.

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