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Memex Inc V.OEE.H

Alternate Symbol(s):  MENXF

Memex Inc. is a Canada-based company, which is an industry internet of things (IIoT) company. The Company’s manufacturing operations management system (MOMS) software products include MERLIN Tempus, MERLIN Tempus EE, MERLIN FOEE, MERLIN CI, MERLIN Operator Portal, MERLIN ERP, and Ax2245 ScanGun Bar Code Scanner. The Company is engaged in the development of MERLIN Tempus, a platform that delivers real-time, tangible increases in manufacturing productivity. The MERLIN Tempus suite provides quantification and management of overall equipment effectiveness (OEE) by revealing hidden capacity using real-time objective data. Its IIoT Hardware products include Ax760 MTConnect, and MERLIN Adapter for Siemens SINUMERIK 840D. The Company’s hardware solutions offer manufacturers the essential link that allows manufacturers to connect machines together. Its DNC & Memory Upgrades products include MERLIN DNC, MERLIN Dostek DNC, Behind-the-tape Reader (BTR), and Memory Upgrade.


TSXV:OEE.H - Post by User

Post by winnerswingon Sep 06, 2022 12:04pm
229 Views
Post# 34944130

Absolute minimum bid-ask price in the pipeline

Absolute minimum bid-ask price in the pipelineI think we could unfortunately have to experience the lowest bid-ask possible:

0.5 -1 cent!

According to the historical charts, 0.5 cent would be the first time this stock would reach.

It would corresponf to a market cap under 700k$ !!!!!!!!!!!!!!!!!!

If you buy 1M shares at this price, it would ''only'' cost you 5 grands! But it is risky.

If you own 1M shares with an average price of 2.5 cent, you portfolio would experience a paper loss of 20000$ !!!!!!!!!

This stock current situation is very difficult. Not the worst of the worst, but very hard to eeperience.



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