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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 > Vote at upcoming agm
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Post by PercySweetwater on Jul 15, 2022 10:26am

Vote at upcoming agm

There has been some discussion here, and in other forums, as to the validity of DM buying it's way into different verticals, instead of partnering with a product/service delivery company. In such partnerships DM would contribute AI tech and the partner would contribute expertise and resources in delivering products/services to the vertical. It has been argued that DM's core expertise is in AI tech, not in marketing and delivering medical services (for example).

I am happy that DM is using its AI tech in different verticals, but not with DM's apparent need to "own" the product/service delivery vehicle in each vertical.  I believe that DM should focus on its core expertise, continual development of its AI tech and integration into various verticals. A mgmt team that is trying to operate in multiple verticals is not going to be able to focus on AI development.

To send a message to DM I am going to "withhold" my vote for all of the DM directors in the upcoming AGM (via the voting form, not going to the agm myself).  JMO.
Comment by AmericanAkita on Jul 15, 2022 10:43am
l agree. What is your take on the reapproval of the stock option plan. For or Against? I'm going against.
Comment by swyint123888 on Jul 15, 2022 10:44am
They have to earn the right for cheap shares....they have not....AGAINST
Comment by AmericanAkita on Jul 15, 2022 10:51am
funny thing. I listened to the June 7th discord. And at approximately the 54 minute mark when Marshall is talking about how they righted the ship , turn the company around , have it on solid ground and cleaned up the balance sheet. He makes a statement saying "we fill our pockets with cash".Then in the next sentence corrects himself "DM's pockets with cash " I just found ...more  
Comment by PercySweetwater on Jul 15, 2022 10:48am
I will also vote against the stock option plan. The shareholders in the various forums hold a significant number of shares, probably not enough to change the vote, but maybe enough to get DM's attention and cause them to re-think some of their plans.
Comment by ELC1973 on Jul 17, 2022 2:57pm
Against, they can buy in the public market with the rest of the shareholders.
Comment by Investor10X on Jul 15, 2022 2:03pm
I would like to think management has done their due diligence when deciding to own the vertical as opposed to just leasing out their AI technology or whatever the other option may be.  I'm very confident that these are not last minute decisions.   Management would have far more information in front of them than what the average shareholder would know or comprehend.  This should ...more  
Comment by Investor10X on Jul 15, 2022 2:09pm
I probably should have mentioned that postal service in my area has been temporarily stopped due to construction, so I have yet to see the information to make any informed decision.  Is there a price listed for the options?
Comment by Resilience19 on Jul 15, 2022 3:22pm
The gist of "Stock Options Plan" includes: Section 4 (p.9) para 1 "...stock options plan will not be greater than 10% of issued and outstanding common shares..." Section 4 (p.10) para 3 "...will have an exercise price determined by the Board of Directors provided that the exercise price will not be less than the greater of $0.05 per share and the "Discounted Market ...more  
Comment by Resilience19 on Jul 15, 2022 3:45pm
Forgot to mention that (positively), contrary to the past couple of years, this year's AGM includes no request/mention of a reverse split - in line with MG's assertion, a few Discords ago, that DM no longer planned on using a RS.
Comment by Bentley2000 on Jul 16, 2022 8:16pm
What is the date again for the AGM??
Comment by Pandora on Jul 16, 2022 9:19pm
If you scroll back to July 8th, Page 17, you will find the info there --- my 82 year old memory figured that out.
Comment by Bentley2000 on Jul 17, 2022 12:59pm
Found my PKG...July 29th...thanks :):):)
Comment by Investor10X on Jul 15, 2022 5:03pm
Thank you for the information
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