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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 duffmeisteron Feb 18, 2021 6:48am
348 Views
Post# 32593250

RE:RE:RE:RE:RE:the regular penny bounce

RE:RE:RE:RE:RE:the regular penny bounceThere are a couple of reasons it could move much higher despite its struggles to date.  First, look at the Venture index chart which has basically tripled since the lows last April.  Second, IIOT is still just catching on and with 5G now rolled out and an increased focus on manufacturing in North America, the take-off may finally be near.  I would add that there is a lot of pent-up consumer demand and combined with stimilus I would not be surprised to see consumer buying spree and inflation jump once the virus is under control.  As a shareholder I hate the lack of disclosure and updates for shareholders,  but I have held my shares to give it more time.  The next financials should be out next week and the AGM is in 6 weeks, I hope they can deleiver some positive news to push the stock price up.  
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