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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 mrmomoon Oct 05, 2023 12:02pm
126 Views
Post# 35671208

They ARE running out of cash.....

They ARE running out of cash.....As far as the "meaning" of exercising the options, Mr. Swyint123 is BANG ON with his view & explanation of the situation. It IS desperation AND to keep the lights on! And will also add the following. Not only did they excercise those options to put some much needed money back into their coffers to pay bills, BUT also to stablize & support a stock price which has been getting beaten down as of late. They cannot afford for their stock price to go too low too quickly or else they (meaning the insders!) cannot unload their massive holdings of wothless stock to the investing public. Which is/was thier BIGGEST source of income & literal cash cow.......

When the well runs dry, this is when you have to worry about a "possible" consolidation of share capital on the horizon. And imho, we or YOU that is, are coming close to that possibility as their avenues & options to scrounge for dollars are running out as well........Just look at qth happened with ScreenPro & Graph.......same play story.... same playbook.....same folks!

And unfortunately for s/h who will get "stuck" with their shares when (not if!!!) it happens......same sad, dreadful & unfortunate outcome!

GLTA

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