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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 Tulsa123 on Feb 13, 2024 4:53pm

Change

It can be a difficult change when the auditor has great influence in the business,but it is normally a format to replace every 5 years. I am confident the reason was warranted and then move on .
Comment by samydude on Feb 13, 2024 5:37pm
Baker Tilly was only the auditor from Sept 2021 to Sept 2023. What is interesting is that previously when changing auditors DM would put out a press release, this time though it was sat on for 4 months and only after announcing a change of year end. Too many games...
Comment by ibsn4512 on Feb 13, 2024 5:49pm
Baker Tilly also held their feet to the fire on inflated valuations primarily related to acquisitions as I recall. Timming is also somewhat aligned to the short leach of the Ontario Securities comminsion. Also did we not have an option to accept the auditor on the AGM voting proxy?
Comment by Tulsa123 on Feb 13, 2024 6:52pm
New ceo so may not work well together and change is feasible and again not sure about it all.!
Comment by Markhamjohn on Feb 14, 2024 8:34am
I don't think they sat on this news for 4 months. I think it is more likely that after a disagreement the auditor resigned but backdated their resignation to the last time they actually did audit the books and a backdate would take their name off anything that may have occurred since that time.. Probably this also explains the change in year end. The new auditor needed the time to get up to ...more  
Comment by rollthedice10 on Feb 14, 2024 8:58am
I don't know that this is terribly important. Companies change auditors all the time, especially after an upper management change. I'm not going to overthink it as I am prone to do. Gives me a headache. Sales are what is needed, of anything really, along with signed contracts is what will move this Company forward. I've said it before, Korea market is what I think will drive things ...more  
Comment by samydude on Feb 14, 2024 11:12am
@span style=@font-size:14px;@@Markham, games yes. This is what I personally expect next... June ome time when we are supposed to have the year end audited financials DM puts out a news release that because of the complexities@nbsp; of Datametrex AI business, the auditors were unable to complete the year end audit on time, they are working on completing the audit as soon as possible. According to ...more  
Comment by Tulsa123 on Feb 14, 2024 11:34am
Interesting thank you
Comment by MyAli4s on Feb 14, 2024 11:39am
This post has been removed in accordance with Community Policy
Comment by rollthedice10 on Feb 14, 2024 12:14pm
OR.... By June they have brought on a whack of new Korean business, the healthcare busines is outperforming and expanding and share price is $ 0.37 and climbing LOL.. I like my scenario so much better!
Comment by Aiking on Feb 14, 2024 2:04pm
I also like your scenario much better!
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