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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 Kensin1954 on Jan 05, 2024 1:08pm

No R/S

Liquidity is important.
More Business is vital. ( Repeat yesterdays news release 12 x this year)
R/S Is "The Kiss of Death"!

Your 1,000,000 shaes becone a 100,000.  Then after a two day balancing the stock price returns to the original price. In his case $.02c CDN. 

Your basically throwing all the loyal share holders under the bus.

The amount of successful R/S companies are counted on one hand and ( as already noted) are "APPLE" like with plenty of cash and a growing business. Floundering companies who need cash do R/S to re-finance.  
Again the question? Who stole the $20 mil? Incompetence? Slight of Hand?

JMHO
Comment by wearethebest on Jan 05, 2024 1:48pm
Who stole the 20 mil Marchie did if it was there in the first place .
Comment by dmshediac on Jan 05, 2024 2:12pm
in the past everyone blamed Ryu for the underhanded stuff now  your blaming MG.open your eyes
Comment by TheRazmot on Jan 05, 2024 3:43pm
It wasnt stolen. Il was sent buying back shares, buying charging equipments (DMEV) which were later sold for a fraction of their initial cost and buying a few medical clinics! Spreading too tin, to rapidly is never a good idea for small business! Hopefully now they will focus on generating stable profits before going into new ventures!
Comment by Kensin1954 on Jan 05, 2024 5:15pm
Sooo... INCOMPETENCE then?! Buying back the shares was a fools gme. Unless you have the approval and unlimited resources and can buy back 30% of the float why??? It does zero to help the company. Having $15-20 mil on hand for a big AI play , now that would be strategic. As far as RYU is concerned, we all hoped he would be so busy with other companies he would leave DM alone. I'm sure his ...more  
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