Keep your eyes on Datametrex (TSXV: DM) a tiny $0.045 per share stock with a market cap of only $9 million and enterprise value of only $7.5 million! DM owns approximately 29.5% of Graph Blockchain a company that received conditional approval one week ago to go public on the CSE exchange via a reverse takeover (RTO) transaction. The transaction is expected to close this week and Graph Blockchain is in the process of raising money in a private placement that will give it a pre-financing valuation of $39 million.
This will value DM's Graph Blockhain stake alone at $11.5 million and DM owns many additional assets including an artificial intelligence business targeting the cannabis sector, which is currently being valued at less than zero! Just last week DM received a new $200,000 contract from the Canadian government.
After Graph Blockchain goes public we believe it could make a run similar to what BTL Group (TSXV: BTL) did in 2017. It has contracts with HUGE electronics companies like Samsung and LG.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from DM of $70,000 cash for a 3-month investor relations contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.