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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 > Date of options
View:
Post by jsim082 on Oct 05, 2023 9:25am

Date of options

Also interesting per the sedar report that the transactions occured on September 29 and 30, the last day of the quarter. 

Looks like Q3 financials are not going to be great - this purchase of options will allow them to look like they've still got some cash on the books.

*sigh. In the long run, transparency is so much better. We all know this is a good product and we are all here because we believe in the product and the management. We also all know that financial struggles occur, and wouldn't be surprised if we were told that cash was running low. But nobody enjoys having things hidden from them, which is definitely the feeling I am suffering with now after the last discord call contrasting with this early exercising of options below market value on the day before the end of the quarter.
Comment by swyint123888 on Oct 05, 2023 9:36am
I'm not sure the cash will show in Q3 report...transacted and closed have a 3 day period I think....anyways your post is bang on Jsim....we all know cash is short and something needs to happen if revs alone are not self sustaining.....Q3 at the end of November has greater importance now to me We really need some "show us the money" kind of news releases....something big to bridge ...more  
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