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Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

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

Post by SeniorCon Jan 11, 2022 4:37pm
282 Views
Post# 34305543

Buy back program? WHY NOT

Buy back program? WHY NOT

According to a post earlier today it was brought back at last Discord.   Usually not to say never, we don't see buy back program for a venture stock.  Usually we don't see sales in a "non related field" like COVID testing generating millions of positive cash-flow.   

So two negative make a positive!!!  

As DM is not in a usual situation and, as the COVID money does not seem to add value to the company (if it was the case we would be now at 2$ with this morning news).  So yes DM will invest this money in generating AI business but, if the $$$ continue piling up and can not be invested rapidly in verticals or serious business acquisitions..... why not use a portion of it for a buy back program that could help to provide incentives to the management or simply increase the SP for the shareholders...

My 2 cents

SC

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