RE:RE:RE:RE:Proxy Votesamydude wrote: rollthedice10 wrote: samydude wrote: swyint123888 wrote: You can all do as you wish but I'm voting no to all the team members on the board, the name change and the incentive plan.
Reasons.
90 million to work with since the start of 2020
20 million in cash almost gone now.
Dumping EV for a loss after diluting 66 million shares to buy it
35 cents to 2
Investigated by the regulators.
Poor AI 2023 new contracts....2.1 million only after 11 months.
Among others.
The boys have had more to work with than most any junior out there and they have blown it big time.....you all can give them another chance but it's very clear to me we deserve ten times better than what we've been given.
With the miniscule amount of shares insiders control, it would not take much for miffed retail shareholders to show them the door. It is time that retail shareholders either longterm or short are recognized for the support they have given, and a vote of NO to all on THEIR adjenda will send them a message!
And who will run the Company? You?
No need to get personal, just focus on the facts. Where Datametrex is is exactly where it was headed back in June financials. This is what current managment has accomplished, there needs to be a change. Perhaps the next financials will clarify the need for a change in managment. from canadianinsider, there are other synapsis that support this but this one is nice and clean.
| Financial Overview |
| |
| For the six months ended 30 June 2023, Datametrex AI Ltd revenues decreased 73% to C$4.9M. Net loss totaled C$4.3M vs. income of C$1.8M. Revenues reflect Health Security segment decrease of 80% to C$3.1M, AI and Technology segment decrease of 34% to C$1.8M, Canada segment decrease of 77% to C$4M. Net loss reflects Share-based compensation increase from CK to C$1.1M (expense). |
| Employees: | 30 as of Dec 31, 2021 |
| |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $5.31M as of Jun 30, 2023 |
| Annual revenue (TTM): | $17.06M as of Jun 30, 2023 |
| EBITDA (TTM): | -$7.35M as of Jun 30, 2023 |
| Net annual income (TTM): | -$23.41M as of Jun 30, 2023 |
| Free cash flow (TTM): | -$6.36M as of Jun 30, 2023 |
| Net Debt Last Fiscal Year: | .10M as of Jun 30, 2023 |
| Shares outstanding: | 407,884,701 as of Nov 16, 2023 |
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |
Not getting personal, you have good points. But I am a passenger
on this bus and prefer to see a driver in the seat. Unless there are
more qualified people ready to take the wheel immediately, I like my
chances with the driver currently driving. Bad timing I think to start
turfing. We need to get the bus back on track. I do think there should be some
changes but we need to be careful we don't throw out the baby with the bath water.
What I'd like to see is a more seasoned CEO take over down the road and let MG
concentrate on product development and such. It takes a while to find a new CEO
and even longer for that new CEO to get up to speed. JMO