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Bullboard - Stock Discussion Forum 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... see more

TSXV:DM - Post Discussion

Datametrex AI Ltd > Accessing $160b Cares Act Funding for K-12 Schools
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Post by Watchman21 on Mar 06, 2021 6:56pm

Accessing $160b Cares Act Funding for K-12 Schools

Biden’s 1.9 T Covid19 Stimulus Bill

 

Just 0.1% (a tenth of a percentage) of the school ($160B) and testing ($50B) is $210m which sets us at a $1b valuation on a 5x revenue.  That’s $4-5share.  LA and NYC school districts are the 2 largest with 5000 schools.  Those two alone could eat millions of tests per week. Over 120k public, private and charter schools.  

 

DOE Educational Stabilization Funds (ESF) flows to each State Department of Education and K-12 schools tap into ESSER FUNDS 

 

K-12 CARES ACT FUNDING / ESSER Elementary & Secondary School Emergency Relief Funds 

 

TOTAL ESSER FUNDS

https://www.future-ed.org/what-congressional-covid-funding-means-for-k-12-schools/

 

ESSER SPECIFICS - Dept of Education

https://oese.ed.gov/offices/education-stabilization-fund/elementary-secondary-school-emergency-relief-fund/

 

CARES ACT FUNDING PER STATE

https://covid-relief-data.ed.gov

 

LIST OF STATE ESSER APPLICATIONS 

https://www.ncsl.org/ncsl-in-dc/standing-committees/education/cares-act-elementary-and-secondary-school-emergency-relief-fund-tracker.aspx

Comment by MarkG1963 on Mar 06, 2021 9:35pm
Does ScreenPro actually have contracts forany of  this? I have a gut feeling that most if not all governments will abandon testing when herd immunity is achieved. This will happen faster than I think we expect. They have handled this very poorly from the start so why would we expect that to change? The WHO said this virus should get us prepared the the BIG ONE. In my opinion tests should ...more  
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