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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 Markhamjohnon Jun 09, 2022 9:50am
144 Views
Post# 34743242

The first thing I noticed

The first thing I noticed
When reading the NR we see a quote from the acquired company, "I am very happy to be a part of the Datametrex family.". He sounds like a one man show with just an idea. How can this idea be worth $10 million? I drive an electric car and can tell you that in the populated areas of southern Ontario range anxiety is rapidly disappearing. Every service Center along Highway 401 now has rapid chargers. Many Canadian Tire stores now have rapid chargers. Petro Canada has a coast to coast charging network. In remote areas there are not enough electric cars to support anything but a government funded charging network. Lack of cars means lack of customers. It looks like they will launch roving charging trucks (several - ha ha). Have they checked the price of gas or diesel to run those trucks. An EV driver would have to be very stupid or very desperate to pay what it will cost to charge from those trucks when a normal fast charge on the 401 might cost $12 and charging at home might cost $9.00. It seems that they want to also sell condo buildings on installing chargers. I hope they know that there are a number of companies already in this business and they have the software to manage the process. I'm just so disappointed that they went in this direction - paying a small fortune for just an idea with no current revenue. By the way do they realize the newest EVs have a range in the 500 km range and this will only improve. So much for range anxiety! Not much chance of making a profit.
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