Datametrex AI Ltd V.DM

Confused

[kumsalo]

Hi,

I feel confused about the latest news. The one that mentions $2.3M CAD as the award value. The same one that also talks about the DND.

Once again, I feel confused about some of DM's news releases. It begs me to ask more questions instead of feeling like my questions have been answered.

Am I missing something or misinterpreting or misreading it all together? Isn't this deal the 40M deal? Why 2.3M all of a sudden?

I feel like their news releases are not clarifying much. It creates confusion and doubt. English is my third language but I think I'm well wersed in it. Nevertheless, it's always a learning process, so, maybe I missed something.

Could someone else interpret the last NR?

Best regards,
Kumsal

[Iamapothead]

Confused here as well and English is my only language.  I agree I thought that the 40M DND contract which we knew was a multi stage bid was ours. This NR appears to be nothing more than a repeat of what we aleady know.  I guess what it tells us is that we have got $2.3M out of the possible $40M. What it tells me is that anyone who thought we were guaranteed $40M now has to accept that

[kumsalo]

This was my interpretation as well.

[swyint123888]

Someone else can chip in.......as every stage gets approved the company gets paid up to a maximum of 40 million, so tadays stage was 2.3.......it's good news as the DND clearly likes what DM AI tech can do for them and it stands to reason that the entire contract will be fullfilled over the coming quarters.....this is good AI news for sure.....when we get spin off business from this DND

[kumsalo]

I understand your explanation but why should this turn into a guess work? We're either all investors here or interested parties who are trying to make up our minds about this stock. This doesn't instill much confidence. Well, at least, it didn't for me...

[dirtydzn]

Correct. We were also waiting for clearance from DND to publish the scope of work being conducted.

[Venator]

Marshall had mentioned that there were stages (milestones) and that the first 2 were smaller and the last two were "life changing".  Perhaps someone can find the clip on the discord meeting (think it was 2 meetings ago).  with the scenarios playing out on Ukrainian soils, I would not be surprised to see this being expedited.  keep you ears open  I for one

[MaterialWorld]

TD Webroker still showing 1,820,000 Ask @ 19 cents. This is crazy..................MW

[MUTDMUTD]

...yes Venator... Marshall said the last few would be life changing... that really caught my attention... I also have that same concern as you but am hoping that there are enough shares on this board and with insiders to stop such a thing from happening or at least make it worthwhile to us all... Actually a takeover rumor would likely do well for DM's SP... All IMO. DYODD.

[Judoka4eva]

Not just mentioned in the Discord's. Marshall directly mentions each milestone is awarded a portion up to 40 million.  You can  listen for some clarfication. https://stockhouse.com/news/press-releases/2022/01/13/datametrex-selected-to-proceed-on-government-project-worth-total-of-40m Key parts "is contract is a multi-phase Canadian Artificial Intelligence ("AI") bid

[Long101]

This is a shared contract between DM and another company. The 40M was always expected to be dished out differently to each company, based on various factors like the scope of work each of them provides and value of that work. I believe Marshall said that they will be paid for each phase, as they win and complete it. I may be wrong, but I think the 2.3 million dollars announced today is payment