Datametrex AI Ltd V.DM

Buy back program? WHY NOT

[SeniorC]

According to a post earlier today it was brought back at last Discord.   Usually not to say never, we don't see buy back program for a venture stock.  Usually we don't see sales in a "non related field" like COVID testing generating millions of positive cash-flow.   

So two negative make a positive!!!  

As DM is not in a usual situation and, as the COVID money does not seem to add value to the company (if it was the case we would be now at 2$ with this morning news).  So yes DM will invest this money in generating AI business but, if the $$$ continue piling up and can not be invested rapidly in verticals or serious business acquisitions..... why not use a portion of it for a buy back program that could help to provide incentives to the management or simply increase the SP for the shareholders...

My 2 cents

SC

[PercySweetwater]

I would rather see DM use it's cash to make a serious acquisition that would move the company to a much higher sp level (on a more permanent basis). DM could acquire new AI tech and/or access to new markets. MG has said that he is very interested in hearing about potential acquisition targets, so if anyone has suggestions, send them to him!