Datametrex AI Ltd V.DM

Alternate Symbol(s): DTMXF

Technology Information Technology Services

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.

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Datametrex AI Ltd > Cash flow and market value impeding uplist

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Comment by dirtydznon Oct 24, 2022 11:30am

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Post# 35043707

RE:Cash flow and market value impeding uplist

We meet the cash flow. I think it's due to market cap thus leading to a 2nd NCIB to try and get it there.

jsim082 wrote: I have been wondering about the delay in uplisting, and my impression is that the two problems are 1) our cash flow and 2) out market value.

We either need:
1) A pre-tax cash flow of $700,000 in the prior fiscal year. This is required to be an "exempt" company OR
2) A minimum market value of $50,000,000 in order to meet the requirements of a non-exempt technology company.

Reference: https://resourcehub.bakermckenzie.com/en/resources/cross-border-listings-handbook/north-america/toronto-stock-exchange/topics/principal-listing-and-maintenance-requirements-and-procedures

When we submitted for the uplisting, I know they had a market value over 50,000,000 but recently we have been plagued by this damn low share price. I really don't think we can uplist until we can keep the market value above that figure.