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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 GHZTECHYon Jul 13, 2023 2:11pm
96 Views
Post# 35539800

RE:Insiders

RE:InsidersIt does depend on how the options were arranged. For instance, when I worked as a manager in a Nasdaq company, I was given a sum of options over a 2 year period, 50 percent AFTER one year of service and another 50 percent the following year. I had 4 years to excersise them. But, once I received a batch of options in my account, if the stock price was higher than the strike price, I could flip them. Example; if i received 50,000 share my first year and the stike price was 10 cents and the current stock price was 15 cents and I felt that this was going to be a high for awhile, I could flip all or part of the options. this means I did not have to buy them, after flipping them, the company gets there 10 cents and I walk away with 5 cents per share or I could just hold them without doing anything until the options date runs out hoping for a better price to flip them. I know people who waited too long and the stock price never got back to the strike price and did not get a penny. 

Remember, they cancelled the last batch at 19 cents because it was getting close to the end and they knew they would be worhtless soon and knew they could just make another 31 million shares available to them at a lower price.
I have not done any DD on how they have arranged there options this time, but that is one example. They do not have to buy them until the time frame is up and if the stock price does not go pass the strike price, why bother.
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