Datametrex AI Ltd V.DM

will be getting close to 500m O/S

[dmshediac]

50M in the PP     34M in the 2 RSU's, need to do a RS

[Smokey1958]

Youve just provided the answer as to why they wont do a R/S. Do you think a private investor(s) is going to spend $1 million in the private placement only to have a fraction of their shares a short time later? Even if theyre free, management doesnt seem foolish enough to water down their RSUs either. That doesnt mean that an R/S is not inevitable; but it would be extremely surprising for it to

[rollthedice10]

The reverse split dead horse has been flogged for over a decade and sadly that horse is still being dragged out. And as things improve back will come the bashers. I grow so tired of this. I'll wait out DM as I think it still has potential, but then I think I'm done with investing on the zombie exchange. Too depressing.

[samydude]

And hence why the Non Brokered Private placement has not closed which end date was today, also why more RSU's instead of being paid DM is out of operating funds. There is a way for DM to avoid a RS... but that is for tomorrow's post!

[JWING17]

I look forwad to your and swints daily blog of wine and cheeese.

[swyint123888]

The odds are sky high they do a rollback...DM is a prime candidate for this...shortfall of revs..ballooning float....no cash...it's a classic consolidation scenario Only thing that stops this are revs growing quickly enough to cover all expenses and pick away at the debt....this needs to happen soon and it needs to be sustained. As far as the PP it's a full out gamble at this point but

[JWING17]

well there is the swyint wine just waiting for the sammydude's cheese.

[Kensin1953]

Maybe a Korean Angel investors buys the whole financing to become a major shareholder before the Market Makers run this up.  $.20c CDN short term next three months. JMHO