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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

Comment by dirtydznon May 09, 2022 5:38pm
226 Views
Post# 34668652

RE:RE:Share buyback

RE:RE:Share buybackI'm not sure if the same applies to the TSXV as the TSX but I believe they can only purchase a maximum of 10% or around 35 million at this time. Also I think they can only purchase up to 25% of the 7 day average volume per day. Again, that is TSX not TSXV.
SeniorC wrote: Also In DM specific caseI believe  there is a warrant of 60M shares at 0,25$ Related to Medi-Call.

So if management and board know action is coming that will raise the SP over 0,25$, it is a great opportunity to gnenrate free cash-flow within the next year.  Because I also believe the warrant has to be exercised within 2 years of the initial transaction... which should be in the next year.  DM knows how much liquidity they have for the next year, they know or are confident to know about the coming AI sales and results.  With all the information they have, they could buyback as much shares as possible under 0,25$ and use them for the warrant in the year...  it would make more cash-flow for DM, less dilution for shareholders, and same value but better potential for the warrant owner.   Everybody wins.

If revenues are there, they could buy more than 60M shares and use them for the incentive program and acquisitions....

really like it!



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