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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 > jmo financing
View:
Post by jpm59 on Sep 26, 2023 11:51am

jmo financing

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Comment by swyint123888 on Sep 26, 2023 12:09pm
The odds of a financing are extremely high for obvious reasons....I'm hoping it's large and only a very few are taking large chunks of it and that it's pretty much all spoken for. We had approx 5 months of burn money at the end of June....assuming the burn rate stayed similar to the 870,000 monthly average like the first 6 months of this year we're. Unless revs have really shot ...more  
Comment by GHZTECHY on Sep 26, 2023 12:21pm
I agree, it does appear to be a financing coming. To push AGPT forward with advertising and hiring and training sales staff, and probably more R&D to improve the software and expand product line. I believe it is definitely coming soon. But, we can still hope we get some more $ of the 40 million contract so we don't dillute too much.
Comment by rollthedice10 on Sep 26, 2023 12:46pm
The vast majority of businesses out there finance from time to time for various reasons. Even Companies big enough to self finance do it if it makes more sense than say, cashing in some types of investment instruments if they can actually finance at a cheaper rate. And financing costs are expenses which can " written off " against profit. I once took a mortgage out on a condo because my ...more  
Comment by cryptopher on Sep 26, 2023 2:04pm
MG has clearly stated they have a good cash position and ongoing revenue streams from all verticals to surain them going forward as they scale up both AnalyticsGPT & Marketing Verticals: Telehealth EV Charging AI / NexaSMART / AnalyticsGPT Must mention re : AnalyticsGPT (I think DM's "Query Analyzer" is a company maker all by itself. The elimination of the need for a ...more  
Comment by Oden6570 on Sep 26, 2023 12:51pm
MG Just stated on the last Discord update that cash position was good ! All verticals are making $$$. As well MG has previously stated that the heavy lifting has been done ! Development has been ongoing over many years. R&D Phase is over , targeted marketing is the first step they have a plan to grow. Be patient look long term not hours days and weeks. To suggest financing indicates a lack of ...more  
Comment by dmshediac on Sep 26, 2023 2:01pm
i agree, they should have dollars banked away and we don't know what they'll get from that 40m >. just crazy how the market manipulates,, could be anything,,, good news Coming & they drive it down to accumulate or finance coming,, still in the dark, no worries, just keeps it interesting and still holding !!!
Comment by swyint123888 on Sep 26, 2023 3:43pm
Why on earth would big players invest tens of billions in a GPT junior company when a couple million in the bank is all that's needed to get it all established and up and running then maybe a couple million a month to run it....our historic revenues can't offer much more than that...wow, we must own different stocks. MEDI and EV aren't even close to replacing the covid revs and AI is ...more  
Comment by RazeKreations on Sep 26, 2023 2:31pm
How many people actually vew Discord or even know about Discord. Not very many people are even going to stumble across those Discord events.
Comment by swyint123888 on Sep 26, 2023 3:46pm
Heavy dumping into 5.5....but it's all good