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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 AmericanAkitaon Dec 03, 2023 6:43pm
190 Views
Post# 35766183

RE:RE:A Strategic Move

RE:RE:A Strategic Move
rollthedice10 wrote:
Smokey1958 wrote:

While the homework should have been done prior to acquiring, unloading DMEVS may very well be the move that saves them. As several have commented here this whole industry is predicated on a rollout of vehicles, charging stations, electric grid availability and component mining that is in sync. That assumption is in no way connected to reality.

The following as posted on CBC is an update on just one more problem as presented by Consumer Reports: Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports, which found that EVs from the 2021 through 2023 model years encountered nearly 80 per cent more problems than vehicles propelled by internal combustion engines.

Consumer Reports said EV owners most frequently reported troubles with battery and charging systems and flaws in how the vehicles' body panels and interior parts fit together. It noted that EV manufacturers are still learning to construct completely new power systems, and suggested that, as they do, the overall reliability of electric vehicles should improve.

"This story is really one of growing pains," said Jake Fisher, senior director of auto testing at Consumer Reports. "It's a story of just working out the bugs and the kinks of new technology."

Still, Consumer Reports said that lingering concerns about reliability will likely add to the issues that give many buyers pause when considering a switch to the new technology, joining concerns about higher costs, too few charging stations and long charging times.

The only other but important issue related to this move is that a portion of the deal involved acquiring shares of GBLC. While they may have more time in Human Resources to devote to EVS they are fighting the same challenges as DM. As such their sp is unlikely to move substantially in the near to medium terms. So this deal involving shares and monetary incentives will have no positive (or negative for that matter) impact on DM.

Can they market AI? This should be a no brainer and almost impossible to screw up. Yes, and the sp will easily climb. No, and the DM doldrums will persist indefinitely. Having operational cash for 12 months should provide a bit of a buffer in the meantime.

GLTE!!!


Totally agree unloading EV was a good move as that road was turning
out to be much longer than DM or anyone else suspected. DM just doesn't
have the cash or human resources to support that vertical indefinately.
Also agree AI will ( or should ) be what saves DM. The health vertical might
be worth hanging onto at least for the foreseeable future but that is clouded
by the usual lack of information about it from DM. Covid and other testing
might just toss DM a lifeline as well as Covid as well as other similiar viruses
seem to be on the march upward. That is expected this time of year but I think
it is worse or will be worse than what Government is alluding to. I just had Covid
and personally know 4 others that have it now or recently. We'll see I guess.
Unless DM is in far worse shape than we can imagine, I expect SP to climb again.
Note to DM... Earn more and spend less. Try it!

That's funny that all MG supporters and EV supporters and pumpers when the NR regarding the purchase of DMEV wouldn't entertain any posts that had a reality spin on the vertical stating that it was a bad move. It would take alot of financial resources before it would even show any type of revenue in a world of bigger fish with unlimited funds were already doing it with a big head start. I myself was not impressed with the deal as I was always of the mind to preserve cash from the whole COVID bs which was a gift to DM and life line at the time. I was stating that they should have put the money toward developing their AI products and I was seen as a three headed negative basher along with the other reality minded posters. Funny how all the sheep that followed the pumping narrative now realize how bad of business move that actually was. I still think the medicall was a bad investment too. Too many players with deep pockets have the market. A matter of time before MG gives that awy for pennies. As for having COVID look's like you survived the common cold or flu bug.. congratulations. Funny how things turn out when you are narrow minded sheep.
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