Datametrex AI Ltd V.DM

Cash Balance +17,044 %...

[wildbird1]

Cash Balance is the amount of money on hand, you get that by taking the previous Cash Balance and adding this quarter Cash Flow to it (substracting if the Cash Flow is negative).
A big positive Cash Balance mean that Datametrex has Capital that is available to wheater future financial chalenges, and a big Cash Balance will greatly decrease the risk of failure of a companie.
In the last financial DM Q1 2021 Cash Balance has increased by 17,044 %($4.6 million) from Q1 2020 ($26,948).
From what M.Gunter said we can expect even better numbers for Q2&Q3 2021, as sale of test kits and AI deals are increasing.

Question???
Why is it that the SP is going down if the drastic increase in Cash Balance (17,044 %) indicate that the risk of failure for Datametrex has decreased?
1) The whole market is down not only Datametrex.
2) New investors do not fully understand that this 17,044 % increase in cash Balance was not a fluke , and will be repeated because DM has a niche that deal with traveling workers (Film Industries, Air Canada, Mining Companies...ect).
As long as there is Covid-19(and variants) anywere in the World(India ,Africa... ect) testing in DM niche will carry on.
The world has a long way to go before the majority of peoples are vaccinated(more testing for DM until normal traveling resume).

Yes the the market and SP are down..
Yes investors do think that this 14,044 % increase in Cash Balance was a fluke...
Yes the AI side of DM is down...
But Datametrex could have between $12 & $15 million in Cash Balance before year end.

Good luck finding a small cap company with a SP under $0.25 that has no debt and $15 million in Cash Balance ready to be reinvested in their AI core business, $15 million that could generate big AI revenues.

Money is power...time will tell.

[Oden6570]

Glad you took a position. Enjoy !

[TorlifTostorson]

Great post @wildbird! Well appreciated! GLTA Torlif  

[astutein]

Cash balance is very low for 293,519,034.shares O/s/ At end of 2020 cash  balance was 1,991,000 mainly as result of stock options and warants sold. Large revenue increase resulted in increase of cash to 4,619,908 which 2,809,908. Cash balance per share 1.57 of sp of .25 MARKET IS PRICING IN 23.42 OF OTHER ASSETS AND FUTURE EARNINGS.  

[Markhamjohn]

As astutein pointed out the bank cash per share is small and he is correct, but there is a different way to look at this. Most small companies have very little cash - certainly less than DM. Those companies don't get valued on their bank account but rather on their future prospects. One of the big drags on share price growth for many companies is the fear that a company may have to issue new

[Kensin1954]

Good perspective. Another one is by this time next year DM might be able to buy back 1/2 the float if they wanted at this S.P.  Another is they land a large irrevocable contract for $24 mil a year on AI and someone comes in and buys them for $300 mil.  Chump change for good vertical AI. JMHO

[TorlifTostorson]

But we have to keep in mind there will be huge dilution by buying that Telehealth company. I think they want to buy at for 60 million new shares and 60 million warrants for next two years. Not sure if have the numbers correctly in my mind, but soon we will have more then over 350 million shares out. So there will be a lot dilution. JMHO Torlif  

[ibsn4512]

Presumably there'll be some net earnings tied to that aquisition!

[mellocello]

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[CandyC]

You all are making me concerned by talking about dilution 

[Markhamjohn]

This just my opinion but if it makes sense then great. Dilution is sometimes confused with good investing. For example if a small company is pouring money into Research &Development they might have to raise that money by issuing shares. If the research fails and they have nothing to show for the investment and for the newly issued stocks then that is dilution. But if the R&D is successful

[CandyC]

So everyone will be happy with dilution and a drop of share price?

[mellocello]

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[astutein]

mellocello--Here are the actual results for discussion on board. The results reported by DM are the following facts Cash balance increased by 2,647,921 from end of 2020 to end of Q1. Cash on hand at end of  Q1      4,619,908 cash on hand  end of 2020        1,971,987 increase in  q1               

[mellocello]

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[mellocello]

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[wildbird1]

Let's clear something first... March 23,2021 Datametrex signed a letter of intent to acquire a telehealth company. It is anticipated that DM will pay C$12 million for the acquisition with a closing date April 15,2021. 1) A letter of intent isn't usually a legally binding document, it is usually drafted so it doesn't create legally binding obligations. 2) On the closing date of

[mellocello]

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[SHOWMEURKITTYS]

https://fintel.io/ss/us/dtmxf

[jcw604]

We need the same short stat for TSE.

[SHOWMEURKITTYS]

shortdata.ca

[astutein]

torlifftostorson is 100% corrrect that DM intends to acquire telehealth for CAD 12 million.  60 million shares plus 60 million share warrants over next 2years. PRESS RELEASE ISSUED MARCH 23, 2021 BY DM

[tonyxdsun]

The secret is Q1 2020 ($26,948) is way to small.