Datametrex AI Ltd V.DM

A shareholder revolt??? Count me out!!!

[ibsn4512]

I don't want to marginalize some of the frustrations expressed with regards to insider selling, nor some of the experiences of the past with Ryu, however I also think it important to pull back on the knife fight!

We had a Q3 report that was outstanding and I expect a Q4 (Year End) to be better in terms of EBITDA, cash flow & balance sheet strength. Also, based on Marshall's most recent interview, Q1-21 will be the best qtr yet.

The Q3 report listed about 267MM shares outstanding with some 26MM options @ .13 avg. since September of 2020, a rough count drawn from SEDI suggests about 15MM options have been exercised for an average of about .12. This has contributed about 1.9MM cash to the balance sheet without a PP! In that period SP has more than doubled, then settled back to the current .21, a 50% increase. 

While I would certainly agree that the revolving door of non-contributing opportunistic directors scooping shares up has been a concern, Ryu in my opinion with Marshall at the helm of DM has delivered. We don't get to tell them when they can sell anymore than that gets dictated to any one of us.

I'm averaged in at about .11 & hold more than most and not as many as some and so far, while not as happy as I'd like to be, I'll be looking forward to the Q4 & Q1 results.

[bohemian62]

In reality all that can be done is assess the results till the gm and then each investor has his privilige to cast his vote for or against Mr. Ryu remaining on the BOD . In the meantime lets accentuate the positives .

[Thecook100]

@ibsn4512 well put couldn't agree more.

[TorlifTostorson]

Thank you for putting the numbers together @ibsn. And I agree with the positive evaluation of the shareprice. Yes, we are still up. The chart looks good. The business outlook looks good. Numbers are good and getting even better. All the hard facts are good. BUT There huge "soft", but very relevant issues, that justify the frustration (It's not a revolt!): 1. We had a very nice

[MLorenzo]

Ryu needs to leave the company soon for the simple reason that the company has outgrown him. He seems good in early start ups, and getting a few early deals (AI, COVID, Blockchain) He is not an operator, and there is a skill set needed to run sales/marketing/product development for a software/AI company. He is currently linger around taking what he can, when he can. I belive he has a lot of power

[Leonovus2017]

Well said Torlif... Dm is very undervalued in a hot market. I just hope management turn this around to favor the shareholders and underpromise/over deliver...

[EM10328]

There is another "soft" issue that keeps nagging at me regarding our chairman.  I believe this is a business growth issue as well.  The initial team for DM, Nexalogy, GBLC, Ronin and other iterations of their startups were simply motivated to find and spin up a successful company.  I could be wrong, but I believe DM is the first one to get momentum.  Ryu's