Datametrex AI Ltd V.DM

up date on news

[knoxt]

Datametrex AI Signs Letter of Intent to Buy Mobile Blockchain Game Cereal Crunch, Crunch Crypto Token

MT Newswires - Apr 08, 2024 2:42 PM ADT

01:42 PM EDT, 04/08/2024 (MT Newswires) -- Datametrex AI (DM.V) on Monday said it signed a non-binding letter of intent to buy the mobile game Cereal Crunch from Sariel Diagnostics for C$3.5 million in shares.

Under the deal, Datametrex will purchase significant assets linked with Cereal Crunch, including game software, intellectual property, user databases, and the Crunch Token. The deal also includes C$300,000 cash component, and Sariel's Coinsquare account, integral for managing game-related cryptocurrency transactions, the company said.

The company will pay the costs of the acquisition with 70-million common shares at a deemed price of C$0.05 per share.

Datametrex share were last seen up C$0.005 to C$0.03 on the TSX Venture Exchange.

[dirtydzn]

What are "significant" assets exactly? That are "linked" to? Did we not buy it all? If not, who or what else is involved? 

[samydude]

https://www.thecanadianpressnews.ca/globenewswire_press_releases/threed-capital-inc-announces-private-placement-with-sariel-diagnostics-corp/article_5a826909-9ec6-50ca-9e0f-7a965d68dafb.html wonder how this private placment will affect the LOI the news release today.

[MyAli4s]

This post has been removed in accordance with Community Policy

[samydude]

so that is the link between ThreeD Inwentash brothers and Datametrex AI. The more digging the more scetchy this gets. Sariel Diagnostics Corp registered in BC in June 2023, cannot find any company revenue or info other than registry. Research John Karagiannidis President of Sariel Diagnostics Corp. and.... his name only comes up as president on this LOI and related news no history prior.

[CdnHype]

F F S   Sorry wrong song as it appears we will get fooled again. I think Sonny and Chers   The Beat Goes On. Seems more appropriate. But I sure was hoping this new boss was going to different then the old boss. Maybe not as corrupt as you know who. But not seeming any sharper right now that's forsure. 

[TheRazmot]

No revenue,no profits...  Park has some explaining to do about WIIFU and how il will integrate in our AI strategic goal!  

[Bentley2000]

Send him an email and request more info .it only takes the amount of time it takes to post on this forum!

[MyAli4s]

This post has been removed in accordance with Community Policy

[rollthedice10]

Private Company.

[samydude]

private company or not, you can find out how much your Dentist's business makes, the HVAC company down the street, how many employees are there, but not a thing on Sariel.

[rollthedice10]

Sariel Diagnostics is a privately held corporation based in Toronto, Canada. Their innovative approach focuses on diagnostics and health technology solutions. Recently, ThreeD Capital Inc. announced a strategic investment in Sariel Diagnostics, expanding into the health tech sector. This partnership aims to explore new avenues for growth and

[peppesilver57]

https://youtu.be/-ECPWDP_Odg?si=UX-vTBebhSAIgq9p   This is what DM has a funding interest in now., with the recent  purchase  deal. I hope they can handle this with their present  tec. workers.dyody and good luck to DM.  

[Bentley2000]

Send an email to Park requesting more info!

[TheRazmot]

WTF?  How is this related to our strategic plan to focus on KPop music market?  This company was spread too thin and unfocused and we are back at it!

[Aiking]

Exactly! EOM