Datametrex AI Ltd V.DM

WoW 600 MILLION+ shares or more by year end?? V.DM

[samydude]

This is insane! DM has gone from 367 million to 457 million still to add the 70 million for Cereal Crunch, and now another 75 million for a new PP brings the float to 0ver 602 Million shares, over half a billion shares out.... are there still bulls that say there is no way there will ever be a share consolidation?? There are just no words, the valuation of revs to shares is just insane making this stock so crazily overvalued.

[Kensin1953]

They are going for a billion so they can get "us" to beg them for a 10/1 RS.  They still need the MM's to run this one more time before that happens. Valuations have not been normal for about 10 years. It used to be if a company approached a $$billion that was big news. How many today are chasing a $$$$$TRILLION! So $$300 million here is nothing. DM trades everywhere , all

[samydude]

The only thing in this reply I agree with is the run to a billion shares outstanding. DM is not a billion or a trilion dollar company, wishing it was does not make it so.

[Smokey1958]

The issue is not only the number of shares ...which is why a R/S would never work. The presumption on this thread is that the sp could somehow get to $1.00. That is never going to happen without or with an R/S. Even in its best iteration that was never going to happen.  As a start investors should be happy that the current no. of outstanding shares might see the sp rise to $.05 and then

[samydude]

Smokey, with the amount of shares outstanding, to move the ticker higher from $.02 125 million+ the millions of shares bought at $.015 to .02 from February to now and also those looking to cut losses will have to be traded, the churn is simply not attainable with current metrics. The revs would have to be so high for those shares to be held and not traded, it again is not attainable with the

[Smokey1958]

If the markets were at all rational, I would completely agree with you. Just consider the ridiculous pop up on NEWS and as a consequence the shares of DM based on a sudden rise in the bitcoin price. I'm not suggesting that it's possible to maintain $.05 to $.10 ....but for anyone (not that you have done so) to suggest that the way out of this sp/outstanding shares mess is a R/S frankly

[samydude]

I have been through reverse splits before in my many years of investing/gambling on venture stocks. One truism, investing in venture stocks, is that a high float is death to stock value appreciation. anything above 200 million is near impossible to move, and here DM is going to 600+ million. Venture stocks that get to 100 million plus RS to between 30 to 60 million. It is death to investors caught

[Smokey1958]

Agreed! But there is little to no evidence whatsoever that a R/S will be the saving grace for DM.  Yes, there is a great deal of evidence that even with large floats a macro event can sometimes have multiple stocks punch way above their weight. Pick a stock and look at the float and the run-up to February 2021 as one example. The other positive for DM, if there is one, is that investors

[Kensin1953]

Sammy: I do not think DM in its current iteration is worth $300m.  What I stated is, " the market accepts high valuations as normal today unlike the past".  I am also 100% against the R/S as an answer. This has never been successful and in fact my experience says that 98% fail as a company following an R/S within two years.  They are trying to force us to acquiesce,