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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 > Until mid-2022
View:
Post by WalkingDead01 on Jul 23, 2021 5:25am

Until mid-2022

Until mid-2022 = one-year contract which tells us the minimum still required for the tests… and I mean the minimum… cash in the bank $$$

 

Datametrex Signs Four New Shows Through Mid-2022

 

2021-07-23 03:03 ET - News Release

 

Toronto, Ontario--(Newsfile Corp. - July 23, 2021) - Datametrex AI Limited(TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") is pleased to announce that it has signed four (4) additional service agreements for COVID-19 testing with one episodic television series on a main US network, and three new shows for one of the largest streaming platform and service company through mid 2022.

Datametrex continues to support Vancouver, Toronto, and Montreal in providing critical COVID-19 testing kits for actors, film crews, and production support staff to prevent cluster outbreaks. Film and TV production companies all support continued use of safety protocols, especially COVID-19 testing to keep production members and actors healthy and safe while employed on sets and in production offices. 

Film and TV productions In Canada and Canadians in general have a major concern regarding the Delta variant (B.1.617.2. variant), a hyper-contagious SARS-CoV-2 virus strain, which was first identified in India in October 2020.

"The COVID-19 testing market is an important business sector for Datametrex and we look to continue supporting the film industry with kits and now with the Delta variant of the virus being the "the fastest and fittest," according to the World Health Organization, it is the right time to step up testing to keep everyone healthy and working," stated Marshall Gunter, CEO of Datametrex.

The fear is that an increase in Delta variant cases may well lead to a resurgence in health and safety restrictions not just in Canada, but internationally and deter global productions from filming. The World Health Organization (WHO) has called this version of the virus the fastest and fittest.

Centers for Disease Control and Prevention Director Rochelle Walensky, says the Delta variant makes up 83% of all sequenced COVID-19 cases in the U.S., to become the dominant strain in the country. The city of Los Angeles has opted to reverse mask guidelines because of the Delta variant, clearly recommending that both unvaccinated and vaccinated people wear masks inside public spaces like restaurants, shops, and movie theaters.

Comment by TorlifTostorson on Jul 23, 2021 6:45am
Good point @WalkingDead! Also it's very likely this contract is a multimillion dollar contract. Also the citation "...it is the right time to step up testing to keep everyone healthy and working..." sounds like DM will make Even more money with Testing big the upcoming quarters then they made yet. Sounds very promising to me. Only Problem is, until now nobody in Germany recognized ...more  
Comment by Relaxed001 on Jul 23, 2021 8:31am
German investors are now cautious about covid test news because of the earlier reaction of the Canadians to such news (stock price falling) .
Comment by TorlifTostorson on Jul 23, 2021 8:40am
Makes sense to me. We'll see, if we get some nice action in Canada. I mean im pretty sure we start our upwards trend today, as we'll get more news next week. JMHO Torlif
Comment by Relaxed001 on Jul 23, 2021 9:40am
The same today again... zero reaction on the canadian market . Till 3.30pm we tradet in germany at 0.142€ (0,21CAD) and now 0,134€ . 
Comment by dirtydzn on Jul 23, 2021 9:52am
Honestly, I find little to react to. While it is great that it is presumably 4 additional productions in addition to the ones we already have, once again the wording is poor. The only numbers given is 2022. In some previous NRs there has been some indication of a $ value. Also, this is no substitute for the multiple AI news releases we were supposed to have. While I am happy that it will help ...more  
Comment by swyint123888 on Jul 23, 2021 11:42am
The Union agreement states that if thing stay safe it will be 1 test. Cases in Canada have slowly began to creep so we will have to see how high it creeps   Here are todays stats on Canada and BC QU and ONT. I'm assuming there are more factors the union is considering but positivity rates I'm sure is a key one.....for now it's one test  due to the agreement but need ...more  
Comment by themason on Jul 23, 2021 10:06am
Not on a Friday, not enough volume but a breakout is coming, it's my hope that DM can get there quarterly's out earlier, there is no reason whatsoever for them to not get them out on time.
Comment by shaker13 on Jul 23, 2021 7:47am
I hope this is a lesson to ignore the sky is falling posters here, only voice to listen to is Marshall, if he says GET IN NOW, you can take that to the bank. When he eludes that our Covid Testing Clients are the biggest in the Biz he is talking Netflix Disney Amazon Prime Time Warner NBC CBS Ect Ect In other words, DM is the King of Set Testing in Hollywood North. Is there any other Cdn junior ...more  
Comment by Vdiliello on Jul 23, 2021 7:52am
Nice recap and summary Shaker13. Thanks.