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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 > Lease Liability, when switching to Brick and Mortar
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Post by samydude on Aug 01, 2024 7:33pm

Lease Liability, when switching to Brick and Mortar

Lease liability has gone up because of the aquisition on Imagine Health, this is the problem with brick and mortar businesses, the costs associated with operating. DM has for right to use of $4,737,582 as of March 31st 2024. any new physical locations will increase this, as well as staffing, consumables, utilities, etc... with the switch of focus to Imagine Health according to the MD&A, each existing brick and mortar will NEED to be utilized and monitized extensively to make a sustainable income, which will be much less than many expect it to produce. Especially in expensive locals as Vancouver and Toronto.
Comment by samydude on Aug 01, 2024 7:59pm
Speaking of leases, I wonder where the head office will be?? RioCan has been contacted about which company the space at 2802 2300 Yonge st is leased to the ones listed online, or the one on the directory. Right-of-use asset and lease liability During the year ended December 31, 2021, the Company entered into a new lease contract for its office on Yonge Street in Toronto. The lease expires in ...more  
Comment by Thecook100 on Aug 01, 2024 10:46pm
Lmao, give it a fa@kin rest there Sammy... We've had enough. Go suck up your losses like everyone else here  :) 
Comment by samydude on Aug 02, 2024 12:00am
Ok Ok, point taken lol, I am just having fun since we have waited so long for the audited fins. It's been like watching 3 card monte while the statue of liberty disappears and gotta know how!
Comment by Thecook100 on Aug 02, 2024 5:38pm
I know lol, just fooling around. Good luck nevertheless  :) 
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