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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 Iamapotheadon May 17, 2022 10:34pm
91 Views
Post# 34691237

RE:RE:I hope they buy back 30 million shrs

RE:RE:I hope they buy back 30 million shrsI get your point about using the cash for aquissitions.  Normally that would be the best course of action but we already have several verticals and we are sitting on quite a nest egg.  Spending $5M or $10M on a share buy back would still leave them with cash reserves and it would be a good step forward on reducing that float.  We have a lot of outstanding shares for a company with only $50M in revenue.  That is going to be a problem down the road.  I fully support the share buy back.

I don't think I follow your suggestion of a special dividend.  It wouldn't amount to a lot to the individual investor and once the money is gone it is gone.  There would be no measurable benefit to Datametrex as a business.
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