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Generative AI Solutions Corp C.AICO

Alternate Symbol(s):  AICOF

Generative AI Solutions Corp. is a Canada-based artificial intelligence (AI) company. The Company is focused on developing transformative AI-powered tools for businesses and consumers across multiple industries. The Company is engaged in developing AI-based solutions that have applicability and can be integrated into diverse workflows. In addition to its custom AI solutions, it also offers a range of AI-powered products and services, including predictive analytics tools, chatbots, and machine learning platforms. Its products include Global AI Newswire, Remitz and Classmate app. Global AI Newswire offers real-time press releases to users based on a condensed summarized format using AI to predict keywords that are relevant in the news release, allowing users to analyze press releases disseminated by the public companies they follow and to deliver real-time information to those users. Remitz is a provider of automated revenue recovery services.


CSE:AICO - Post by User

Comment by unclejerryon Jan 31, 2022 2:12pm
48 Views
Post# 34379961

RE:Trading at CASH: Mkt cap: $ 15 million / Cash $ 14.5 million

RE:Trading at CASH: Mkt cap: $ 15 million / Cash $ 14.5 million
This of course doesn't factor in the preferred shares.  Under the agreement with preferred shareholders, 10% of those shares get freed up for converting into common shares (if they choose to) starting in February and then 15% thereafter every 3 months.
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