Mr. Paul Haber reports
DATAMETREX COMPLETES FINANCIAL OBLIGATIONS FOLLOWING LITIGATION SETTLEMENT
Datametrex AI Ltd. has successfully fulfilled and completed its financial obligations arising from the litigation settlement between the company and certain parties. In accordance with the settlement terms, Datametrex has issued shares of its common stock to resolve outstanding debt, effectively concluding the company's obligations under the agreement.
As part of the settlement, Datametrex committed to issued fully paid and non-assessable shares at a deemed issue price of five cents per share, which satisfies a debt obligation of an aggregate amount $750,000. The company is pleased to report that all obligations have been fulfilled, aligning with the company's commitment to maintaining its financial position.
Paul Haber, chief executive officer of Datametrex, commented: "We are pleased to announce that we have fulfilled our obligations and met our financial commitments. We extend our gratitude to our stakeholders for their continued support and remain committed to maximizing shareholder value and achieving our business goals."
About Datametrex AI Ltd.
Datametrex is an innovative leader in technology solutions, artificial intelligence, health care and mobile gaming. The company excels in delivering tools and solutions that enhance operational efficiencies and business outcomes. With a commitment to innovation, Datametrex is dedicated to supporting enterprises by setting a new standard for business protocols through cutting-edge technology.
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