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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

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Post by TheRazmot on Nov 30, 2023 12:23pm

MD/A

Read the MD/A and they believe they are ok for cash for th next 12 months on the basis of less investment for startup (no more DmV) and Health clinic mostly paid and already generating revenue!

Also commited to invest in further developping their AI assets!

Most of the cash was used for share buyback(7M$) and the various startup (consultant fees, charging vhicules, etc... (6M$)... Just sorry they did not buy at the current 0.02$!

Cash still coming in from AI clients and maybe from Covid and HC units... with reduced investment should get th next fin boost!

Looking forward to th next QR MD/A to see why AGPT is not gaining any traction!

Raz.
Comment by CdnHype on Nov 30, 2023 12:47pm
Raz there is nothing to look forward to. Well unless you enjoying watching more stupid. Trust me when I say this. You can't undo stupid. And marshal and company excel in that as well as shady corporate manoeuvres that the VSE encourages and endorses. So while they are too stupid to run a company legitimately Marshal and company know how to exploit and walk the line of illegitimate practices ...more  
Comment by frewil11 on Nov 30, 2023 1:03pm
With the amount of cash they have on hand now  and the revenue their bringing in [ not much ] how can they possibly say they have enough  cash to carry them through the next 12 months.
Comment by astutein on Nov 30, 2023 4:36pm
frewil11  June 20 2023 cash 3.55  Sept 30 2.45 Cash burn 800,000 each month for last 3  months. Cash for12 months with  800,000 current burn??? Musthave large revenue coming forward.  
Comment by rollthedice10 on Nov 30, 2023 1:31pm
Also, I expect that some sales are still in the pipeline and will materialize soon. Hopefully big sales. I'm also hopeful S Korea will generate sales for us. Covid revenues again would be a timely gift. Make no mistake, Covid is out there. Is DM dead in the water? I doubt it. But my finger is shaking when it gets near the BUY button. I'll likely wait for some kind of positive news or ...more  
Comment by samydude on Nov 30, 2023 2:32pm
tax loss in Canada can go back three years to offset cap gains in previous 3 years, or be carried forward indefinitely. So it is always something in your back pocket for future gains. Also there is always "something in the pipeline $$$$" heard that time and time again EV sales in the pipeline, Nexalogy in the pipeline, Health care .... yup in the pipe line. Is the pipeline broken, or is ...more  
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