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Bullboard - Stock Discussion Forum Memex Inc V.OEE.H

Alternate Symbol(s):  MENXF

Memex Inc. is a Canada-based company, which is an industry internet of things (IIoT) company. The Company’s manufacturing operations management system (MOMS) software products include MERLIN Tempus, MERLIN Tempus EE, MERLIN FOEE, MERLIN CI, MERLIN Operator Portal, MERLIN ERP, and Ax2245 ScanGun Bar Code Scanner. The Company is engaged in the development of MERLIN Tempus, a platform that... see more

TSXV:OEE.H - Post Discussion

Memex Inc > What should happen
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Post by Duster340 on Sep 09, 2022 10:37am

What should happen

management needs to cut there salaries in half. i remember only a few years ago when the oil sector was on life support, most of the management of canadian oil companies volentarily offered up pay cuts. any profits oee makes is being siphoned off by there huge salaries.
Comment by winnerswing on Sep 09, 2022 10:42am
You can be sure that the rich investor who would park money into the cie would make his conditions.
Comment by Roddiggiti on Sep 11, 2022 10:03am
Besides David, no one else on the BOD or management owns a significant position and I didn't see any institutions on their last information circular. Wouldn't take much for a group to come in at these prices, pick up 5% and call a "Special Meeting" which legally you can do, and attempt to replace the board(TMX Law) . Salaries need to be cut by 60-70% and management/BOD need to ...more  
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