Datametrex AI Ltd V.DM

Claude Theoret

[Pandora]

Claude Theoret is the founder of DM's Nexalogy. He is going to launch/IPO his new company X-Machina in the near future. This will be a holding company for startup companies, all in the AI business I believe. He will start with a core holding of 7 companies. He said they are raising $4M at 25 cents (if my hearing is right) with launching in the first quarter. They have made a deal for the first company and have sights on 6 more in 2022.

What do you suppose will be the connection, if any, between this new company and DM?

[JWING17]

Can't go wrong with a guy like that.

[Markhamjohn]

. So on average these 7 companies he is purchasing for $4,000,000 will have an average value of $571,000 each. So really they are likely more like good ideas than solid, going concern, companies, and new investors will be paying $0.25 per share and basing it on Mr. Theoret's reputation. This makes DM look like a bargain in comparison based on what they have going for them!

[ibsn4512]

Can you name a going concern that DM has acquired?

[Markhamjohn]

...here is an old one that didn't really work out however MG has stated they would consider being a consolidator of other small AI businesses..... TORONTO, Jan. 16, 2018 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the Company or Datametrex) (TSXV:DM) (FSE:D4G) is pleased to announce that, further to its news release of December 15, 2017, it has signed the share purchase agreement and completed

[shaker13]

Here is another they looked at but after due diligence they backed away. Although Marshall has stated Point of Sale has always been a add they were interested to incorporate , nothing more on that since. https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aDM-2553668

[MLorenzo]

WHAT ARE YOU TALKING ABOUT It was never said that he was buying all 7 companies He could be using stock and cash to buy the first one or two Companies should use stock when their shares are not substantially undervalued Once they aquire 1 or 2 companies they will raise more $ at $0.50 or $1, then make more purchases The amont of stupidity that is spoken on this forum is

[dirtydzn]

Maybe at some point DM uses some cash, scoops up all 7 and brings Mr. Theoret home. Just an idea.