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If money come in, they will not have to dilute to go foward
Company has secured and began delivering on an initial contract for approximately $670,000 CAD with the retail division of Lotte Group so I hope also they don’t dilute
Good news! I hope they dont dilute more so it can go up
Datametrex AI signs contract with Hyundai
Halted for news pending. News was leeked yesterday as we can see the volume surge imo. Let’s ride !
Nice volume and price action. Bottoming imo
We’re a proud sponsor of @AITOConf, register now and join us at Canada’s top AI Conference and Expo: https://t.co/uBvk16iawd
— Nexalogy (@nexalogy) May 15, 2018
We have to wait another month..... damn!
I guess I will just load up at .20 c and trade this thing again and again after every pop.
Gaps
News Release - February 23, 2018 4:38 PM ET
Datametrex AI's blockchain, machine learning, big-data, & cryptocurrency mining divisions poised for spectacular growth
NEW YORK, NY, February 23, 2018 /Sector Newswire/ -- Datametrex AI Limited (TSX-V: DM) (FKT:D4G) (OTC: DTMXF) is the subject of a Technology MarketWatch Journal review. Datametrex is a Canadian-based technology focused company with exposure to four exciting verticals;
• Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com).
• Implementing Blockchain technology for secure Data Transfers through its joint venture company, Graph Blockchain (www.graphblockchain.com).
• Industrial scale Cryptocurrency Mining through its wholly owned subsidiary, Ronin Blockchain Corp (www.roninblockchain.com).
• Big Data, collecting data from retail point of sale environments.
Each division is early in its lifecycle, and ripe with potential for scale. Datametrex's share price is poised for significant upside revaluation as its current market cap (~C$42 million, DM.V trading at ~C$0.21) appears disproportionate relative to the sum of each divisions potential. Datametrex AI Limited was launched in the later-half of 2017 with the intent of DM.V being a vehicle for attracting some of the most unique cutting-edge technology businesses poised for break-out and individuals at the fore of their fields. The result is a targeted yet diversified approach that offers shareholders exposure to the hottest up-and-coming sectors of the new economy.
Full copy of the Technology Journal Review may be viewed at http://technologymarketwatch.com/dm.htm online.
Datametrex's objective is to facilitate each division, so they are in a position to execute and hit milestones, by providing them the tools in their toolbox to build out the businesses, whether that be capital or introduction to new clients. Spearheading Datametrex's management team is Chairman & CEO Andrew Ryu, COO & President Jeff Stevens, and Chief Strategy Officer Michael Frank, all are highly experienced in the capital markets, and have several decades of success under their belt in the public markets. This management team is known for recognizing opportunity, moving quickly, their ability to raise capital, and structure deals.
The following is a synopsis of each division, in the order they were acquired/incepted, and why valuation is apt to rise.
1) Nexalogy Environics Inc. - Artificial intelligence and machine learning (a 100%/wholly-owned subsidiary of Datametrex): Nexalogy's technology is unlike anything that exists and is attracting increasing high-level federal government attention/contracts, this division has growing revenues. Nexalogy has NDAs that prevent disclosure of client specifics, however we do know Datametrex currently has 3 Federal Government agency contracts, and has stated it is targeting/involved with government agencies in security, health & safety, and public-Canada. Nexalogy has software and systems with the ability to scour the vast web of social media and detect weak signals/anomalies behind the noise, identify unknowns, and generate customized actionable intel for clients. Nexalogy is on target for ~C$2.5M+ in revenues for 2018 (up from ~$1.5M in 2017), and within a few years it is conceivable to see an increase to >$40M revenues. It is highly unlikely governments will spend less on counter-terrorism and the like, they are prone to increase appropriations, plus other governments are apt to adopt this technology. Important to note is that with AI/machine learning the increasingly clean data sets that Nexalogy generates through years of refinement (application specific teaching) position the product as the the go-to choice for anyone wanting actionable results. Nexalogy Environics Inc. currently employs ~13 people based out of Montreal, including best-of-breed stack developers and machine learning developers. Additionally, Nexalogy recently announced a new AI business intelligence product that focuses on delivering competitive analysis and stock market awareness for Fortune 1000 publicly traded companies. Nexalogy is a proven entity in the business intelligence market having already provided premium services for major names such as Ford, PWC, Petro-Canada, and YellowPages.
Fig. 2 (below) Conversation Sculpting and Clustering Algorithms - Seen is a representation of Nexalogy analytics engine able to peel like an onion, ranking engagement, participants in clusters, patterns, obfuscation, and content.
Nexalogy was started by astrophysicist, Claude Théoret, renowned for discovering that the best way to study black holes is to examine how stars interact with each other. He created algorithms to map relationships between the stars and gain a fresh understanding of the universe. In 2006, Claude began to apply the same algorithms to analyze connections between words and the people who write them throughout the social Web and advance Nexalogy to the point it is unparalleled. Claude recognized the best way to advance Nexalogy to where it can reach its potential was by taking it public with people experienced in public markets and with the right vehicle; he chose newly formed Datamatrex in late 2017 as the perfect fit -- Nexalogy was Datametrex's priority/first acquisition. Claude is now a ~9% owner of DM.V and still leads the Nexalogy division. Since Datametex's acquisition of Nexalogy, management has refocused the division's resources toward higher-margin big-government and IR business intelligence products, and away from Nexalogy's old 'freemium' (try first - then upgrade) model. The social media analytics market is forecast to grow to US$5.4 Billion by 2020. Clearly the sum of the parts of Datametrex is greater than the whole, it is not unreasonable for investors to attribute a ~C$40+ million valuation now (on to much higher from there) for the Nexalogy division alone, based on where this is headed.
------ ------ ------ ------ ------ ------ ------ ------ ------
2) Graph Blockchain Limited (Planned spin-out): Graph specializes in implementing custom blockchain technology for secure data transfers for corporations and government agencies. Graph is a spinout that Datametrex is planning for 2018 that is expected to see shareholders of DM.V receive 1 share of Graph Blockchain Limited for every 20 they hold of DM.V. (the record date not been set yet, look for guidance on this soon). Datametrex corporately will also retain a ~20% interest in the new publicly traded entity, the whisper number on Bay Street is that Graph Blockchain Limited will IPO at ~C$35 Million market cap (which would give DM.V's 20% retained interest an intrinsic value of C$8M). Graph has already been sufficiently financed with a recent seeding of $3.5M (proceeds to be used to build its Graph Blockchain solutions), and thus it is likely only a very nominal financing will accompany the IPO for the main purpose of establishing price only. Graph is a 50-50 joint venture (JV) Datametrex started with San Francisco-based Bitnine which has vended-in its cutting-edge Graph Database technology.
Graph's technology processes blockchain data up to 1,000 times faster than traditional methods and is 10,000 times faster at presenting data from the blockchain to the dashboard (see overview of the DataGraph technology solution further down in this article).
Currently Graph is contracted to develop a blockchain solution prototype in partnership with IBM for a Korean conglomerate's utility for US$400K. This ~US$400,000 contract for the prototype, if successful (and there is no indication it will not be successful), we anticipate will turn into a full-scale multi-million dollar project for Graph.
Graph is also under contract with a medical marijuana client to facilitate a blockchain solution for clinical trails (aside: this client project is an example of Datametrex cross-selling business divisions to close a deal, as the same client also signed a contract with Nexalogy to find people discussing/complaining of ailments online, then target them with client ads which lead to filter surveys qualifying them as prospective patients for clinical trial, and the results are stored on the Graph Blockchain -- saving millions of dollars and time for the client).
The global blockchain market is a megatrend and only just beginning. Expect Graph Blockchain Limited to announce additional contracts as 2018 progresses as the level of discussion for its solutions runs high. Considering that there are companies in this space going public on just a white paper and a promise to build a prototype and they get a $40M valuation, it is safe to say the aforementioned ~$35M IPO market cap whisper number for Graph reflects a desire by Datametex (and Bitnine) to give new shareholders room to experience appreciation from the get-go.
The following categorized list of blockchain projects have been defined as "in the pipeline" by Datametrex, either in some level of discussion (potential/targeted) or actual development:
A) Real-time Transactions
• Public Infrastructure – building a bespoke secure payment gate solution for electric vehicle charging stations.
• Fintech Industry – to provide Blockchain solutions for efficient processing of real-time transactions.
B) Asset Smart Contracts
• Real Estate – to provide a Blockchain solution for financial transactions and smart contracts.
• Vehicle and Equipment Sales – Vehicle history, smart contracts and financial transactions.
• Logistics – to provide trusted shipping solutions.
C) Document and Certificate Authentication
• Medical Industry - solutions to provide secure and managed transactions among highly connected entities.
• Education Sector – solutions to verify degree, diploma, and transcript authentication.
• Document Management – to provide document integrity and confidentiality management.
------ ------ ------ ------ ------ ------ ------ ------ ------
3) Ronin Blockchain Corp. - Industrial scale cryptocurrency mining targeting 140Mw, 70,000 rigs (a 100%/wholly-owned subsidiary of Datametrex): Ronin’s business model is based on a centralised AI powered mining platform to operate a geo-diversified footprint of industrial scale blockchain mining operations.
Ronin is positioned to become a cryptocurrency mining powerhouse, it benefits from several advantages stemming from its unique relationship with Gosun. Gosun is a public company in China which owns 90+ data centers across China (plus others globally), their tenants are major entities (e.g. Alibaba, Tencent, China Telecom, etc.) which use tier-1 and tier-2 data centers. One of the founding partners of Ronin was the Chairman and CEO of Gosun, and when Ronin was acquired by Datametrex that interest was converted to becoming an ~8% owner of DM.V. Datametex announced that Ronin has locked-in with Gosun 1) immediate access to Gosun's datacenters and infrastructure to house Ronin's server rigs, 2) power agreements for pass-through pricing, and 3) the ability to piggy-back on procurement. Datametrex via Ronin this February-2018 signed an agreement with Gosun giving it access to 100Mw of power immediately. Without the need to spend millions on space and infrastructure, Ronin has a contract that will allow A) immediate access to hosting capacity of up to 10Mw and 5000 server rigs, B) ability to increase capacity up to 100Mw and 50,000 server rigs by December 31, 2018, and C) commencing Q2 2019, ability to scale up incrementally with a minimum capacity of 10Mw and 5,000 server rigs per quarter up to a maximum of 140 Mw or 70,000 server rigs by December 31, 2019. Ronin also has a foothold in Quebec through Nexalogy which is from Montréal and has a deal with Hydro Quebec.
Datametrex does not intend on long-term hodling, it will mine coins with instructions sent from Vancouver to the remote rig servers based on whatever its AI algos indicate is moving/poised for movement, once mined the coins will be scraped and traded. From a tax perspective there is unlimited trading between coins without triggering taxable profits, taxes are not triggered until digital coins are monetized/converted to legal tender. Datametrex will also employ the use of cold storage devices (treasures) when practically possible so as to maximize security.
Out of the gate Ronin has announced it is procuring GPUs and will focus on alt coins (e.g. Monero, Ethereum Classic, Zcash, Litecoin, etc.) over ASIC (application specific integrated circuitry which is more for Bitcoin; ASIC uses more energy and is used to solve more complex equations). Down the road, as Ronin builds out systems, it plans to diversify to say 20% ASIC, however to start it will go with the flexibility of GPU. Ronin is facilitating procurement in increments, with the first mining rigs set to be delivered and installed in both locations (Asia & Quebec) late Q1 2018 and are scheduled to be operational in early Q2 2018. As Ronin's relationship with Gosun matures it is possible terms of procurement will sweeten as the rigs are expected to more than pay for themselves in short order. Gosun has some of the largest cryptocurrency companies knocking on their door asking if they have excess capacity, looking to get in, Ronin has first-mover advantage. We calculate that if Ronin were to mine at 100Mw, at current valuation of cryptos, Datametrex would be looking at annualized revenue rate in the order of ~$220 million at ~55% margins.
------ ------ ------ ------ ------ ------ ------ ------ ------
4) Shoptalk Analytics Group Inc. (Datametrex has a LOI to acquire 100%): Shoptalk Analytics is a Toronto based data collection company focused on independent pharmacies in the USA, offering plug and play retrofit solutions. Shoptalk solutions capture vital real-time Point of Sale (POS) and other related data for key decision making by a number of healthcare providers. The company has a key distribution agreement with McKesson Corporation. Shoptalk is able to tap into point of sale terminals, upgrading them to have benefits of new cloud based terminals; aggregating data, providing real-time access to data, and remote access to data. Datametrex went public with its own big data product as its qualifying transaction, however it quickly identified Shoptalk Analytics as an acquisition target as Shoptalk was much further developed, it was an opportunity to leap-frog some hurdles, and advance the aggressive anticipated adoption curve of Shoptalk. The Shoptalk acquisition plans were put on hiatus so Datametrex could focus on the Nexalogy acquisition opportunity. Now that is complete, Datametrex is revisiting the Shoptalk opportunity and is expected to close on the transaction soon.
Shoptalk Analytics has a foothold in independent pharmacies in the USA, McKesson introduced Shoptalk to a number of clients, and those opportunities converted into the relationships they have currently. The value of the data that can be gathered at the pharmacy level is huge and can be leveraged/monetized in many ways that make the Shoptalk product indispensable to the client once in use. Datametrex has impressive performance targets for Shoptalk written into the binding Letter of Intent to acquire, with staggered payments (cash and shares) totaling C$4M -- contingent upon Shoptalk hitting three aggressive milestones -- the final being 500 paying locations within 26 months. A paying location is defined as a pharmacy that has installed the device and has agreed to a 1 year contract.
Full copy of the Technology Journal Review may be viewed at http://technologymarketwatch.com/dm.htm online.
This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell any of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URL(s).
SOURCE: Sector Newswire editorial
editorial@SectorNewswire.com
Additional Disclaimer and Disclosure I Contact I Terms and Conditions I Copyright I Privacy Policy
Datametrex Completes Acquisition of Ronin Blockchain Corp.
TORONTO, Jan. 16, 2018 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV:DM) (FSE:D4G) is pleased to announce that, further to its news release of December 15, 2017, it has signed the share purchase agreement and completed the acquisition of privately held Ronin Blockchain Corp. (“Ronin”), a global industrial scale Blockchain platform with a specific focus on mining multiple cryptocurrencies (the “Transaction”). As a result of the Transaction, Ronin is now a wholly-owned subsidiary of the Company.
Under the terms of the share purchase agreement, the Company acquired all of the issued and outstanding common shares of Ronin for an aggregate purchase price of $10 million. The purchase price will be paid in multiple installments, with Datametrex having issued to the vendors 22,000,000 common shares of the Company at $0.25 per share and paid $2,000,000 in cash at closing. The vendors will receive an additional $2,500,000 worth of common shares on or before the first anniversary of the closing date of the Transaction, which will be issued at a price per share equal to the volume weighted average price of the Company’s shares on the TSX Venture Exchange for the twenty day period prior to the issuance of the shares.
In connection with the Transaction, the Company paid a finder’s fee of 1,311,128 common shares to the individual responsible for introducing Ronin and the Company.
All securities issued in connection with the Transaction are subject to a hold period of four months and one day from the date of issuance.
“We are thrilled to complete the acquisition of Ronin and offer our shareholders exposure to the exciting world of cryptocurrency mining and trading. Acquiring a world-class team of directors, officers and advisors with a vision to becoming the largest crypto mining company in the world was an opportunity we had to take advantage of. The fact that the directors, officers and advisors of Ronin participated for approximately half of the $3M in our previously announced unit financing at $0.35 a unit, representing a $0.10 premium to the shares they received for the acquisition, demonstrates their commitment and belief in the strategy. We see the value of crypto mining and the specific data that will be generated as the industry matures,” said Andrew Ryu, CEO and Chairman of the Company.
About Ronin Blockchain Corp.
Ronin is a private company located in Vancouver B.C. Ronin’s objective is to become a large player in the industrial Blockchain mining sector through a concentrated focus on scale, innovative technologies and low-cost energy supply.
Ronin’s business model is based on an industrial scale Blockchain platform, which enables the company to access and manage global cryptocurrency mining. Ronin has the potential to provide state of the art mining capability across the world and to utilize its scale, beginning in China, to maximize efficiency and profitability across the arbitrage opportunities that exist for GPU-based mining. Additionally, Ronin will use its advanced Artificial Intelligence algorithms for currency and system optimization. Ronin will also use API protocols to eventually make more efficient integration from mining to mobile wallets. Ronin is currently working on identifying additional jurisdictions for mining opportunities, including Quebec, British Columbia and Eastern Europe, as it develops its international footprint.
Ronin entered into a binding Memorandum of Understanding with GoSun Group (“GoSun”). GoSun was founded in 2006 and is one of China’s largest infrastructure and networking companies with over 90 operating data centers in China.
The Memorandum of Understanding outlines the following key points:
An opportunity to gain access, for the purposes of crypto mining, to 10 GoSun data centers by January 1st, 2018, with a minimum of 20 racks per data center.
Access to at least 15 additional data centers per quarter for MaaS starting in Q1 2018.
Access to all 90 data centers by Q3 2019.
“Most favored nation” pricing for all electricity and flow through pricing if the provider reduces any costs related to electricity.
The GoSun partnership will provide Ronin with access to the world’s largest Blockchain mining market with the previously discussed fundamental drivers for success: fast internet connections, low cost energy delivery, proximity to miners and equipment producers.
The following are the directors, officers and advisors to Ronin as a result of the Transaction.
Darcy Taylor, President & Director
Darcy has over 20+ years in senior leadership roles and a proven track record across multiple industries spanning, Asia, Europe and North America. A Blockchain technology enthusiast since 2013, his pan Asian experience while residing in Seoul, Korea exposed him to the potential for the technology to disrupt a multitude of industries. Prior to his international experience, Darcy was CEO of MASEV Communications Inc., that was successfully acquired by IMG Canada.
Andrew Ryu, Chief Executive Officer and Executive Chairman
Andrew Ryu is a seasoned and experienced entrepreneur and operator in public and private companies. He was a founder and CEO of TLA Inc., president of business development of Archer Education Group, and founder and former CEO of Loyalist Group Limited, which was nominated as the top TSXV company in 2013, ranked fourth in 2014, and was the top pick of the street in 2014. He was nominated entrepreneur of the year in 2014 by EY.
Jeffrey Stevens, Director
Jeff brings over 18 years of professional experience in the Canadian Capital Markets, largely focusing on raising capital for micro-cap and small cap companies. He is currently President and COO of Datametrex AI Limited (TSXV:DM) and sits on the board of one other public company. He has worked in the Retail, Buy, and Sell sides of the industry, having held positions as Assistant Investment Advisor, Arbitrage Trader, as well as having been the head of two Sales and Trading desks in Toronto. During his tenure Jeff was involved in raising in excess of $500M for public and private companies with a client base including Institutional Money Managers, Hedge Funds, Mutual Funds and Family Offices in Canada, US and Europe.
Michael Frank, Director
Michael has over 20 years of experience in the high technology sector in operations, business development, mergers and acquisitions and raising funding in the capital markets. He served as the Chief Executive Officer of Sprylogics International Corp. from July 2007 to September 19, 2011. He served as a Senior Consultant with Woods Gordon, where he managed a variety of accounts for clients using IBM mid-range systems. He also served as Vice President of Strategic Alliances at Medcomsoft Inc., where he developed and managed all key strategic partnerships to accelerate market penetration and to build market share in the healthcare industry. He served as an Executive Vice President of Hutchison Avenue Software since 1999, where he was instrumental in its sale to Intuit Corporation and has held senior sales/marketing roles at Data General and NCR. He served as Vice President of Business Development at BrandEra.com, an online marketplace for the advertising community. As Director of Mifran Consulting, he provided advisory services to emerging technology firms, including Nightingale Informatix, a leading supplier of EMR (Electronic Medical Records) technology across North America. Mr. Frank earned his Bachelor's degree in Commerce and Finance from McGill University in 1982.
Mike Edwards, Director
A lifelong entrepreneur, Mike Edwards has started and invested in technology companies for over 20 years. Mike is actively involved in growing and supporting the crypto currency startup community and connecting local entrepreneurs with the right investors, mentors and influencers in Silicon Valley, New York, Europe and Asia.
Ronin is additionally putting together an elite Blockchain advisory board which is composed of the following individuals:
Gil Penchina
Cryptocurrency expert, who is known worldwide for his involvement and leadership in the cryptocurrency industry. Two successful initial coin offerings (“ICO”) in Brave (BAT) and Ripple (XRP). Gil also runs the largest syndicate on AngelList and was an early investor in LinkedIn, Blockstream and UXPin.
Roham Gharegozlou
Founder and CEO of CryptoKitties, the world's most successful Blockchain game. He is also the CEO of Axiom Zen, an award-winning venture studio that specializes in applying emerging Blockchain technologies to unsolved business problems. Rohan has been working with bitcoin and various forms of Blockchain and distributed ledger technologies since 2014.
Thomas Kineshanko
Tom has been an investor in cryptocurrency and ICOs since their early days in 2012. In addition to co-founding Protos Cryptocurrency Asset Management, Tom has been a Founder and General Partner of First Block Capital, Canada’s first regulated crypto investment firm, since March 2017. Tom also co-founded Fintech Enterprises Inc., one of the first North American buy/hold Bitcoin and Ether funds, as well as the Blockchain platform Walter.ai.
Dean Sutton
Always focused on emerging technology, Dean has been in the digital asset industry since 2012 when he started in digital mining and working with teams to develop decentralized technologies. Currently he is a sought after Blockchain industry thought leader, investor and speaker, advisor to the Blockchain Association of Canada, and founder of BlockTech Ventures Inc.
Kyle Campbell
Kyle is a respected crypto software engineer. He sold his first company to Zillow Group after only 8 months. He is now working on his second company; Hack Capital, maker of CTO.ai - an intelligence product that helps any company build high performing engineering teams focusing on the Blockchain and Crypto Mining Optimization.
Visit Ronin at: www.roninblockchain.com for more information.
About the Company
Datametrex AI Limited is focused on the collection of retail sales data, providing Government Agencies and Fortune 500 corporations with Artificial Intelligence solutions and implementing Blockchain technology for secure Data Transfers and Cryptocurrency Mining.
Additional information on Datametrex is available at: www.datametrex.com.
To stay informed about Datametrex, please join our Investor Group on 8020 Connect http://bit.ly/2fPUNwF for all upcoming news releases, articles comments and questions.
For further information, please contact:
Jeffrey Stevens – President & COO
Phone: (647) 400-8494
Email: jstevens@datametrex.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release includes certain forward-looking statements within the meaning of Canadian securities laws. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company`s belief regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control.
Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”.
The forward-looking information contained herein includes, but is not limited to, statements regarding the expected benefits of the Transaction. By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. Accordingly, readers should not place undue reliance on any forward-looking information or statements contained in this press release.
The forward-looking information contained in this press release is made as of the date hereof, and the Company does not undertake to update any forward-looking information that is contained or referenced herein, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. All subsequent written and oral forward looking information and statements attributable to the Company or persons acting on its behalf are expressly qualified in its entirety by this notice.
Reverse splits are never good news.
All this good news but the share price doesn't move
Datametrex AI Limited Announces Increase in Size of Proposed Private Placement
TORONTO, ONTARIO--(Marketwired - Jan. 10, 2018) - Datametrex AI Limited (the "Company" or "Datametrex") (TSX VENTURE:DM)(FRANKFURT:D4G) is pleased to announce that it has exercised its option to increase the size of its previously announced non-brokered private placement (the "Offering"). Specifically, the Company has increased the size of the non-brokered private placement from 5,714,286 units for gross proceeds of $2,000,000 to 8,571,428 for gross proceeds of $3,000,000.
All other terms of the private placement remain the same.
The Offering is subject to certain conditions, including (but not limited to) the receipt of approval from the TSX Venture Exchange. The securities issued in connection with this private placement will be subject to a four-month hold period.
Alright Alright Alright...
From diff board see below.
Wow I and I think the whole market missed how huge today’s news was from $DM acquiring Shoptalk Analytics. This should make for instant #Hotpick. Stuffed in the bottom of the news release is this.
About Shoptalk Analytics Shoptalk provides technology hardware and software to the US independent pharmacy market. The solutions capture vital real-time P.O.S. and other related data for key decision making by a number of healthcare providers. The company has a key distribution agreement with McKesson Corporation.
Holy Craap, The market completely miss the fact that DM now is getting a key distribution agreement with a Global Fortune 500 company. https://en.m.wikipedia.org/wiki/McKesson_Corporation
Read more at http://www.stockhouse.com/companies/bullboard?symbol=v.dm&postid=27308324#aZjHX5vOA7LyrWFY.99
McKesson Corporation is an American company distributing pharmaceuticals at a retail sale level and providing health information technology, medical supplies, and care management tools. The company had revenues of $198.5 billion in 2017.[2]
McKesson Corporation
Mck logo 2color.jpg
Formerly called
Olcott & McKesson
(1833–1853)
McKesson & Robbins (1853–1999)
McKessonHBOC
(1999–2001)
Type
Public
Traded as NYSE: MCK
S&P 500 Component
Industry Healthcare
Founded New York City, United States
1833; 185 years ago
Founder John McKesson
Charles Olcott
Headquarters San Francisco, California, U.S.
Key people
John Hammergren
(Chairman and CEO)
Products Pharmaceuticals
Medical technology
Health care services
Revenue Increase US$190.8 billion (2016)[1]
Operating income
Increase US$3.54 billion (2016)[1]
Net income
Increase US$2.25 billion (2016)[1]
Total assets Increase US$56.52 billion (2016)[1]
Total equity Increase US$8.92 billion (2016)[1]
Number of employees
68,000 (2016)[1]
Subsidiaries Rexall Pharmacy Group
Health Mart
Website McKesson.com
McKesson is based in the United States and distributes health care systems, medical supplies and pharmaceutical products. Additionally, McKesson provides extensive network infrastructure for the health care industry; also, it was an early adopter of technologies like bar-code scanning for distribution, pharmacy robotics, and RFID tags.[3]
It is a Fortune Global 500 company, and the 5th[2] highest revenue generating company in the United States.
GTR
News out - Datametrex Announces Binding LOI to Acquire Shoptalk Analytics
January 08, 2018 03:00 ET | Source: Datametrex AI Limited
Some information on Spin-Offs. I believe this one will be very successful.
insert-text-here
GTR
Interesting day we had today..... down on some good news. Shorts got control at the moment and perhaps they want out sooner than later before more news hits....
Let's hop we can recover a bit tomorrow.
GTR
This will give us greater shareholders value!
What are your thoughts on the 20 shares of DM to 1 Graph Blockchain? Never been involved in a spin off before
More news out. Let's spread the word on i-hub. I think in Canada they will take it to the ATH of .47 CAN today!
And then we march to $1CAN very soon!
Hi Guys been in DM for about 2 months now and am a happy holder. Looking forward to the news regarding the Ronin Acquisition, going to be huge!! Jeff is currently in China as we speak visiting the data centers and doing DD. Everything is said to go down no later than the 12th of Jan.
GTR
News - Datametrex JV Graph Blockchain Announces Financing
https://globenewswire.com/news-release/2018/01/03/1281473/0/en/Datametrex-JV-Graph-Blockchain-Announces-Financing.html
News out - Datametrex AI Announces New Advisory Board Member Spiros Margaris
https://globenewswire.com/news-release/2018/01/02/1276974/0/en/Datametrex-AI-Announces-New-Advisory-Board-Member-Spiros-Margaris.html
If u guys like this check out FTEC (FINTECH select) same type of company and movement in pps
News out - Datametrex Graph Blockchain Announces Collaboration Agreement With Revive Therapeutics to Develop a Patient Data Blockchain Platform
https://globenewswire.com/news-release/2017/12/21/1268722/0/en/Datametrex-Graph-Blockchain-Announces-Collaboration-Agreement-With-Revive-Therapeutics-to-Develop-a-Patient-Data-Blockchain-Platform.html
This stock does that ...it runs huge for a few days then consolidates the so on over and over but always making higher highs and higher lows ..so healthy
Nice finish too
This will be at $3-$6 by end of 2018 mark this post
New here too just stumbled on this stock I'm very interested in this any thoughts
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