Datametrex AI Ltd V.DM

We Need A Bridge To Reach More Revenues.

[swyint123888]

I don't know what they will do but something is needed soon to bridge these times to better revenue days.

Q1

AI = 1,643,000
Health = 2,189,000 
Expense = 3,398,000

Q2

AI = 200,900
Health = 879,000
Expense = 3,729,000

Q3

AI = 557,000
Health = 1,050,000
Expense = 3,068,000

Total Revs = 6,518,900 ( approx 1 million of this is Q1 covid)
Total Expense = 10,195,000

Cash of today is next to nothing, a calculated guess according to historic burn rates and such.

Dumping EV will maybe save some on expenses but clearly the facts above say we need way more than that.
We need Q4 revs to really shoot up or a white night will be needed by what I see. The last 6 months AI reported 757,000 in revs only, how is this even possible, we are an AI company....lets hope Q4 has 2-3 million of backlog AI revs showing up.1.2 million in option exercise would help a tad but again not even close to enough.

The growth rates (or lack thereof) of our 2 verticals aren't even close to what we need. Expenses need to drop at bare minimum 1 million a quarter for now by what I see, it will give a fighting chance at least.

Waiting to see the next moves they make to keep those lights shining bright or maybe just flickering....I'll take it for now.

[astutein]

swyint123888-  Your  comment "Let's hope Q4 has 2-3 million backlog" If DM  had 2-3 million of  cmmitted backlog IMO DM would have calmed the waters a little in releasing their M &A comments to all of shareholders .   The fact is to date they issed no news release. DM to date refuses to address Q3  in news release and thier credibility is at

[swyint123888]

Agreed hope is useless but by what I see it really is all we have....I will be shocked if they use their own money to buy the options....if they even buy them....I could see them dumping in the open market and take retails money to buy the options.....only a fool would buy this right now....they simply don't have enough revs to operate at this time. The first 9 months of revs and expenses are

[swyint123888]

We know the 9 month numbers and how bad they are....because I have been correct in keeping it real for a long time now here are the annualized numbers.....this is give or take but not by much, this we can all agree. 2023 numbers. Annual Revs = 8,690,000 Annual Expense = 13,593,000 As of Sept 30 we had approx 600,000 in cash and 500,000 in securities. You can all do the math.....it's bad to

[astutein]

swyint123888  The 500,000  in securities. Would it be GLBC and VTAL( previous screen Pro)?                          The sale of which could generate cash of 500,000?

[swyint123888]

It's those 2 companies and maybe something else I don't know....I saw someone here did the math and screen and gblc are worth 375,000 if we dumped everything....or something like that...I didn't do the math as it's pointless really....see what this upcoming week brings for us.

[astutein]

Swyint123888 -  Both Vtal ( screen Pro)  and GBLC currently trade at .02 cents and it would take sale of approx 17 million shares  to be worth  approx 375,000. if sale could be made at .02???? to generate cash. Not dealing with microsoft saleability.