Datametrex AI Ltd V.DM

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Another useless release ...

[dirtydzn]

Yeah we all know what toy you'll be playingwith now... is it time for your wife to peg you?

Investor10X wrote: Inferior minds, illicit inferior responses.  You can't keep up with me intellectually, buddy.  Not even in your dreams.  You are literally a plaything for me on days when I'm bored.  

Well, I think we've cluttered the bullboard enough for today.  I hope the information I provided will give those serious investors some possible explanations on the NCIB if we hear or don't hear about any updates.  

Maybe I'll play with my bullboard toy tomorrow if I get board again.  

dirtydzn wrote: Lmao you're joke. Keep spewing your BS, everyone sees right their it. What's your break even on this? 30 cents? You'll be the first one gone once you break even.

Investor10X wrote: Your problem, besides being the dumbest person on the bullboards, is that you are incapable of researching and reading information and then using that knowledge to reasonable come to possible conclusions regardless of what your views.  You're the type of person that once your mind set on something you don't have the intellectual flexiblility to change it if evidence would suggest otherwise.  

You should stop while your ahead, as you continue to keep proving my point that you have zero comprehesion skills.  My last post does not say they need to report it, my last post is an interpretation of their Timely Disclosure policy of subsection (y) as how this could possibly relate to a NCIB, as there is not mention in the NCIB policy of the company having to disclose to shareholders on a monthly basis.  And I clearly said in my post that how subsection (y) is being interpreted may not meet the theshold determined by the Exchange.  

It's not like you've presented any of this information that I have provided. All you've done is exactly what I said in the last post.  You have no original thought and can only parrot what others say...  and you can't even get that right.  lol   I know this is all too complicated for you to understand.  You are definitely my entertainment for the day.   

dirtydzn wrote: You provide nothing to other investors. Here you are flip flopping if they need to report NCIB info to shareholders after calling everyone an idiot this morning because some people feel they do. This is what? Your 3rd post now saying they have to? I sincerely hope you're struck by a vehicle the next time you cross the road.

Investor10X wrote: In regards to subsection (y) below, does an NCIB fall under something "that would reasonalbly be expected to significantly affect the market price or value"?    buying back shares does change the share structure of the company and therefore the valuation of the stock's share price.  Again, how I choose to interpret it may not meet the threshold as determined by the Exchange.

16. (y)  any other developments relating to the business and affairs of the Issuer that would reasonably be expected to significantly affect the market price or value of any of the Issuer’s securities or that would reasonably be expected to have a significant influence on a reasonable investor’s investment decisions.
    
     

Resilience19 wrote: I agree that DM is likely to have gone ahead with purchases. It makes economic sense in the context where they have the cash and that the sp is depressed. I also don't think it's a monthly requirement to report to shareholders - only to the Exchange -; although U expect a repeat if July, with an announcement coming out shortly.

Investor10X wrote: I'm 99% positive that they bought back shares as Pi Financial was active over the month.  I can only interpret the rules and regulations based on what is written in the TSX policy.  And it doesn't say they must report to shareholders each month, only to the exchange, but I think they most likely will report to shareholders, as they did last month.  

Again, I'm just providing possible reasons if we don't here any news about it today.  Today is certainly not over.  Now, maybe it doesn't have to say directly in the rules that the company must report to the shareholders monthly for a NCIB.  Maybe the very act of having to report something to the exchange may default to a certain set of rules requiring the company to release news to the shareholders.

Resilience19 wrote: Not to mention that another reason for not reporting may simply be due to the fact that they may not have went ahead with purchases in July - although I suspect they have.

Investor10X wrote: Like I said, you lack very little comprehension or you didn't read my post.. or couldn't read it.  There's nothing stopping the company from disclosing the information monthly, but based on TSX policy it does not say they are required to report it on a monthly bases to the shareholders, only to the exchange. Yes, it does say they will be updating the market, but again they are not required too, this would be their choice.  

You really do love proving my point that you have difficultly reading or comprehending a post.  lol

dirtydzn wrote: Coming from the pompous jack@ss that hasn't been right about anything. I guess your comprehension skills are lacking



Toronto, Ontario--(Newsfile Corp. - July 5, 2022) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") announces that it purchased an aggregate of 7,122,500 common shares of the Company ("Common Shares") at an average purchase price of $0.1298 during the month of June 2022, pursuant to the Company's previously announced normal course issuer bid ("NCIB"). The Company intends to continue purchasing its Common Shares under its NCIB and will be updating the market on the progress on a monthly basis.

Their words...moron

Investor10X wrote:

scottrose wrote: The fact that they are yet to release news on NCIB doesn't diminish today release, actually this is just additon to last week release,

First of all you will realize in time that posters like swyint, StuGatz, Yeehaw, dirtydzn have no understanding of TSX policy.  Even if they were to look it up they often have difficulty with comprehesion and interpreting the information correctly.

8. ReportingPurchases

1. 8.1  Within 10 days after the end of each month in which purchases are made, whether the securities were purchased through the facilities of the Exchange or otherwise, the Issuer must report to the Exchange the number of securities purchased in the preceding month, providing the dates of the purchases, the average price paid and stating whether the securities have been cancelled, reserved for issuance or otherwise dealt with. No reports are required during any period in which no purchases are concluded.

As you can read on your own, it does not say that the company is required to report share purchases to the shareholders each month, only to the exchange.  But this does not stop the company from putting out a news release and reporting this information to the shareholders if they choose to. So if we do get an update on the NCIB, it was done not as a requirement, but by choice from the company.  Disclosure to shareholders would however be required in the next quarterly report as it would be material information.