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DATAMETREX DM(TSXV) DTMXF (OTC) D4G (FSE) Conducts business in: CYBER SECURITY/AI TECH/COVID TESTING/CRYPTO-BLOCKCHAIN/TELEHEALTH
Business locations: Toronto/Montreal/Vancouver/Seoul and ties with Germany
As of June 30, 2020: Outstanding share 259,016,361 Options 25,900,000 Warrants 6,044,000 Fully diluted 290,960,361
MARKET CAP 290,960,361 x 0.305 (FEB 23, 2021 closing price) = $88,742,910
Financials: 2020 Q1 – January to March System licensing 326,241 system integration 483,161 TOTAL REVENUE: 809,402 2020 Q2 – April to June System licensing 391,362 system integration 187,961 covid kit/test 1,375,071 TOTAL REVENUE: 1,954,394 2020 Q3 – July to September AI Tech 2,526,686 covid kit/test 2,324,206 other 11,433 TOTAL REVENUE: 4,862,325
362,000 profit in Q3 with 1,400,000 in cash and 2,000,000 in receivables
(Revenue of 7.6m in 9 months with over 4.8m from Q3 alone. Represents more than 50% of the total 9 month revenues from Q3 alone)
Selfnote: Q4 has potential to set off the rocketship to the moon
SECURITY TECH: Nexalogy (Cyber Security Health Security) and AI Tech Many different branches providing different tech driven support including: NexaSecurity/NexaIntelligence/NexaAgent/NexaSMART
Where has this technology been deployed? NATO deployed NexaSecurity in Operation Trident Juncture NexaSecurity was deployed in Parliament Hill, Ottawa on Canadas 150th birthday NATO deployed NexaSecurity to control disinformation when the Helge Ingstad sunk Five Eyes (FVEY) deployed NexaSecurity during CUE18 Nexalogy was deployed to collect data to prevent disinformation during the SNC-Lavalin affair Nexalogy was deployed to prevent fake news during the Energy East Pipeline proposal Nexalogy Cyber filtration was deployed by Democracy Labs during SeeSay2020 Datametrex working with US government agencies on covid19 Second contract with US Air Force WSARC. Gunter stated this is a renewable business due to their valued tech. R&D for the Department of National Defence’s IDEaS program. $217,000 for completion. Sales agreement contract with 7-11 for Robotic Process Automation 2 AI Contracts yielding revenues of 150,000 total. ABL Life Insurance and Seoul International Airport (IIAC) (Revenue should impact Q4 of 2020)
Self note: These contracts or agreements do not yield too much revenue but the partnerships contain some high profile government organizations.
COVID TESTING Datametrix deploys new AI Non-contact Temperature Assessment Device – MiCovid Cam Temperature Scanner. Features include: AI Thermal Detector/Facial Recognition/Non-contact procedure. Deployed to COVID 19 testing customers. Vancouver laboratory capable of 10,000 tests per week and can expand further. On December 17, Datametrex provided covid kits to 17 film production companies yielding approximately 6,000 tests per week and expects that number to increase significantly. Datametrex’s 1copy Covid19 qPCR Multi Kit is capable of detecting the new UK variant (B.1.1.7) Datametrex selected as one of Air Canada’s covid testing partners. Testing employees on the front line and in-flight on a “As needed basis.” Provides concierge covid 19 testing service in Toronto and Vancouver. Available to individuals, groups, companies, organization. The idea came from famous actors on set wanting to be tested in the comfort of their own home instead. 23,000 covid kits sold to film production companies between October and December yielding approximately 4,000,000 in revenue (should impact Q4 2020). This goes towards their “$20,000,000 over 28 weeks” revenue model that was set on Oct 27, 2020. There is no assurance this will be met. (First film production contract began in Aug 26, 2020) Secured exclusive and non-exclusive rights with WIZCHEM CO. based in South Korea. WIZCHEM CO. is FDA EUA CE GMP certified. They manufacture COVICHECK SALIVA DNA/RNA tests. Datametrex filed Health Canada and Saudi Food and Drug Authority paperwork and is waiting for approval. Exclusive rights include Canada and Saudi Arabia. Non-exclusive rights include US, UK, and the European Union. Datametrex has a long term contract with a Canadian mining company dating back to May 15, 2020. Sale on May 15, 2020 of $500,000//June 24, 2020 of $500,000//September 6, 2020 of $1,600,000//Feb 1, 2021 of $250,000 (Total: $2,850,000) Their website currently offers 8 different covid test with different sorts of approvals for different countries.
selfnote: Q4 revenue could potentially be monstrous. How much profit do they make though?
CRYPTO AND BLOCKCHAIN Datametrex owns 25% of Graph Blockchain $GBLC Wholly owned subsidiary Ronin Blockchain mining platform to be reactivated. Spin off and raising funds. TELEHEALTH Acquisition of Concierge Medical for $750,000 (4,411,764 common shares @ 0.17) plans to launch telehealth services.
Selfnote: not much going on here…
ADDITIONAL STUFF Datametrex has signed NUMEROUS contracts with LOTTE for tech services and maintenance. They have signed so many I got a headache trying to find when the first one was. The former LOTTE Executive was hired to Datametrex’s Sales Team. June 25, 2019 $1,000,000//January 20, 2020 $600,000//April 13, 2020 $250,000//Aug 13, 2020 $2,300,000//Aug 20, 2020 $250,000//Jan 20, 2021 $500,000 (this is all I could find, orders go longer than June 25, 2019 I assume) Total: $4,900,000 in continuous revenue from LOTTE. If you don’t know how big LOTTE is, let me tell you. Lotte consists of over 90 business units employing 60,000 people. LOTTE is in industries such as candy manufacturing, beverages, hotels, fast food, retail, financial services, industrial chemicals, electronics, IT, construction, publishing, and entertainment. They have businesses in China, Thailand, Malaysia, Indonesia, Vietnam, India, USA, UK, Kazakhstan, Russia, Phillippines, Myanmar, Pakistan, Poland, Australia, and New Zealand. HOLY FUCKING HELL LOTTE IS BIG. Contract was also signed with Hyosung Corp on April 13, 2020 for $120,000
Clients include: FORD, Telefilm Canada, LOTTE, NURUN, IDEaS, CPA, YellowPages
MY TAKE ON THIS: How can you not like this company.. they have contracts with NATO, US Government, US Military, Canadian government, FVEY, 7-11, Seoul International Airport and LOTTE just to name a few. Keep in mind that LOTTE is keeping Datametrex fed. Covid revenues from film production and the mining company is keeping Datametrex fed. Their crypto and telehealth section is literally there for fun. The company can suffice without these. Datametrex doesn’t only offer covid test kits, they offer a state of the art temperature scanner as well. Kit sales and testing is expected to increase significantly. I love CBDT but Datametrex TAKES THE CAKE! Datametrex’s wheels are in motion as we speak whereas CBDT still has an uncertain future but they do have a powerful team and affiliates. With a market cap of only 88.7m and cbdt being 600m.. this is truly a gem worth watching. I keep saying everything is undervalued but does this not seem undervalued to you? The connection and reach this company has is priceless. Great CEO Marshal Gunter. I will no matter what hold CBDT because there is a clear vision for strong revenue performance. Datametrex does not flaunt. Datametrex uses numbers to speak. Buy some Datametrex would be my suggestion but ALWAYS DO YOUR OWN DUE DILLIGENCE. FYI. 23,000 kits sold from Oct to Dec = $4,000,000 Order from mining company = $1,600,000 2 AI contracts = $150,000 TOTAL 5,750,000 revenue at the least for Q4. Q3 revenue was $4,800,000. Q4 has yet to be released.
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Lotte is btw one of South Koreas largest companies. Ask any Korean, they will know. I was actually surprised how such small company could get a partnership with them. Feedback to the DD: Appreciate you taking the time to write the DD. Kinda inconsistent with the Style and organization of the information though. :)
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