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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 > Financing In The Forecast
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Post by Citron on Jul 17, 2023 7:22pm

Financing In The Forecast

When it happens, don't say you didn't see it coming.  Look at the balance sheet cash declines over the last few quarters and tell me how are they going to keep the lights on and pay Cap't Marshall's salary not to mention his crew of misfits?
Comment by Venator on Jul 17, 2023 9:20pm
The millions spent on purchasing shares back indicates that management believes that some of these million dollar contracts will materialize. There are other options available to finiance other than a raise.  Besides. If they do a raise they will most likely want to do it in tandem with the uplisting requirements and that plan will be triggered by a higher share price IMO.   Now ...more  
Comment by Citron on Jul 17, 2023 9:42pm
Venator - I said financing coming and you said there are other ways to finance than a raise.  Can you explain the other ways to finance (aka, raise capital) other than just to finance or to raise capital?  As far as I know it's either dilution or a loan.   A loan these days will have a large interest rate & some would say crippling.  The float is already bloated so ...more  
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