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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 peppesilver57on Aug 09, 2024 1:17pm
214 Views
Post# 36171692

RE:Good morning

RE:Good morning At March 31, 2024, the Company had current assets of $3,673,121, including cash of $341,242, and current liabilities was approximately $7,464,566, including legal provision of $1,875,000. Management believes that it has sufficient cash to fund its planned operations for the next twelve months. However, as noted above, the Company’s cash flows from operations decreased significantly. During the fifteen months ended March 31, 2024, the cash used in operations was approximately $7,028,413 compared to $249,093 during the twelve months ended December 31, 2022. This is due to decreasing sales and increasing costs associated with start-up businesses. In February 2024, the Company closed a financing for $1 million to be used for working capital purposes.                                                                                                                                                                                                                                                According to SwingTradeBot  the fins. are to be announced on august 27.  Management believes that it has sufficient cash to fund its planned operations for the next twelve months. However when the fins are finsinlly announced the management may sschange their believes to more than one year and or  less than one year, of funding. Regardless not to mean financial advice, but if you have more than 5m shares of dm , sell half and deploy to low risk divi pay companies. Roll the dice on the rest until crunch time. if it goes well we may not have to eat cereal for supper for the next two years. GLTA. AND HAVE A GOOD FAV. BCHN BEACH WEEKEND.
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