Datametrex AI Ltd V.DM

Alternate Symbol(s): DTMXF

Technology Information Technology Services

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from social media, news, blogs, forums, messengers, enterprise data, and the dark Web, creating predictive analytics. Cyber Security is a deep analytics platform that captures, structures, and visualizes vast amounts of unstructured social media data, which is used as a discovery tool that allows organizations to make decisions. It offers Nexa Products, which consists of NexaSecurity and NexaSMART. Healthcare consists of Imagine Health Centres, a multidisciplinary healthcare facility, and Medi-Call, a telehealth platform. The Company also offers a mobile blockchain game, Cereal Crunch.

TSXV:DM - Post by User

Datametrex AI Ltd > Cash Balance +17,044 %...

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Comment by SHOWMEURKITTYSon Jun 09, 2021 1:24pm

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Post# 33355830

RE:RE:RE:RE:RE:RE:RE:Cash Balance +17,044 %...

https://fintel.io/ss/us/dtmxf

wildbird1 wrote:

mellocello wrote: Can someone help me understand....

60 million additional shares... this could also mean the shorters will have a field day. Yes?

I hope we get over .40 soon!

GLTA
MC

Let's clear something first...
March 23,2021 Datametrex signed a letter of intent to acquire a telehealth company. It is anticipated that DM will pay C$12 million for the acquisition with a closing date April 15,2021.

1) A letter of intent isn't usually a legally binding document, it is usually drafted so it doesn't create legally binding obligations.

2) On the closing date of April 15,2021 the deal was not signed (no dillution for now).

3) If the deal goes ahead and Datametrex at the time of signing this deal has over $10 million in its Cash Balance, a big part of this deal could be paid upfront (with little or no dillution depending on the SP).

A lot's of unknow in this story, all we know is that M.Gunter if there is a deal will come up with the best deal for everyone.