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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 > Looking good Marsh
View:
Post by swyint123888 on Jul 06, 2023 10:25am

Looking good Marsh

Medi is so good and has such a bright future (well at least you thought so or you wouldn't have slapped a 12 million dollar value on it) that you're dumping it, great job bud.....let's just hope a year from today you don't need to  "focus" on just AI and dump EV eh....you da man buddy.
Comment by GHZTECHY on Jul 06, 2023 12:16pm
Just a reminder, we (the shareholders of DM) will get shares of the new spin-off company!
Comment by AmericanAkita on Jul 06, 2023 12:26pm
Yes that is the proposed possible plan. But if that does happen it ultimately will go to zero just like the rest of their verticals that they spin out. Think they should just sell the assets and put the money in the bank.
Comment by Forge24 on Jul 06, 2023 1:00pm
What are you even talking about??? DM has never done a spin-off before 
Comment by MyAli4s on Jul 06, 2023 2:35pm
This post has been removed in accordance with Community Policy
Comment by GHZTECHY on Jul 06, 2023 12:27pm
Also, according to the last financials, Health services revenue was $2.1 million, while AI was $1.6 million. It is not Medi-Call that is of concern, the big fish is Imagine Health which is already growing. This means, the company is spinning off a division that has revenue and is growing which we will now get shares of.
Comment by GHZTECHY on Jul 06, 2023 12:33pm
https://www.finra.org/investors/insights/splitting-difference-four-reasons-why-corporations-pursue-spinoffs https://www.wallstreetprep.com/knowledge/spin-off/ I posted these links awhile back. There is alot of information out there on why companies spin-off certain assets. DYODD
Comment by MyAli4s on Jul 06, 2023 2:32pm
This post has been removed in accordance with Community Policy
Comment by GHZTECHY on Jul 06, 2023 2:44pm
MyAli4s. you are very wrong. Current shareholders will own the new company. GBLC was not a spinoff.
Comment by MyAli4s on Jul 06, 2023 3:35pm
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Comment by rollthedice10 on Jul 06, 2023 1:19pm
I do like that idea, but how many shares? Valued at what? And I'm not sure how these shares could land directly in the hands of individual shareholders. They will need to think this thing through looking at all the options and then clarify these things to the shareholders before divesting anything. Not sure if this sort of thing would require a vote by shareholders, but even if not, it would ...more  
Comment by MyAli4s on Jul 06, 2023 2:38pm
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Comment by Resilience19 on Jul 06, 2023 3:27pm
Indeed. And once we receive the shares, everyone will have the option of managing them as they see best fit: . a. Keep both DM and the eHealth shares b. Sell eHealth and buy more DM shares with the proceeds c. Sell DM ti buy more eHealth shares A number of other such alternatives.
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