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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 > Reverse split
View:
Post by tankumo on Jan 08, 2025 9:16pm

Reverse split

We still don't have the news, when it will occur?
Comment by astutein on Jan 08, 2025 9:44pm
DM probably has run out of cash and cannot pay the printing costs and associated fees. Without PO DM will have to ward off bankrupcy filing.( IMO) DM has no revenue producing assets with cash flow and is rurning out of cash .  Had only 329,999 as of Sept30. IMO opinion you will never see reverse split from this bunch.as they destroyed all aspects of their verticals.  if they ...more  
Comment by Forge24 on Jan 09, 2025 8:16am
There isn't much to be positive about but you are completely wrong on a few things here. Imagine clinics bring in millions of revenue annually and judging by the news releases from near end of year 2024 the IT side of things are still bringing in some revenue as well. 
Comment by Smokey1958 on Jan 09, 2025 8:29am
It's a bit of a challenge to understand why the liabilities side (other than previous debt) continues to be a problem. The recurring IT contracts and the clinics seem to be, if nothing else, at least revenue neutral. In fact at this stage the gross profit margin on the IT side should be significant ...albeit the contracts are not increasing. Should the sp be more than $.005, I think so. Is it ...more  
Comment by astutein on Jan 09, 2025 1:18pm
The  question is is  there any EBIDA being generated and cash flow.   Did q2 show any cash flow from imagine. imagine  clinics is up  for sale perSpecial Meeting.  Will see proceeds can pay off debt.  
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