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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

Datametrex AI Ltd > Private Placement 1.5 million did not close per News Rele
View:
Post by astutein on Jul 22, 2024 7:56pm

Private Placement 1.5 million did not close per News Rele

Do we  have another case of incorrect News  Release

Here are  the facts:

On  june 13 DM issued news  release stating  announcement of 1.5 million raised to close on June 27

on July 3  DM  issued news  release of raising $645,000 in what  it called First  tranche.

Therefore  from the above first news release was incorrect has it made no referral to more than one Tranche.

From the above DM was not successufl in closing the 1.5 million  In July3 it mentions First Tranche.   Investors were not  willing to complete june 13 1.5  million.

Is this another case  of DM not reporting correctly or following up June 13  news release.

No mention of  Second Tranche and  does indicate that  investors not  willing to complete 1.5 and faith in DM.

What  happened to potential  loss of funds on  july 3/

I have strong opinion on this but will  defer comments for moment  for others to express.

Comments   Smokey & others

Comment by v84boucher on Jul 22, 2024 8:08pm
They need to answers many interrogations and I hope they will because It's not looking good.
Comment by Smokey1958 on Jul 23, 2024 12:23am
The NR from June 13th states "up to" both in the $ (1.5 million) and no. of shares (75 million). Therefore they have not mislead anyone. They also said in the NR that the private placement would close around June 27th or other dates as determined by the company. So again they mislead no one. The fact they said "first tranche" in their recent update suggests (implies) they ...more  
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