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Bullboard - Stock Discussion Forum 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... see more

CSE:AICO - Post Discussion

Generative AI Solutions Corp > Trading at CASH: Mkt cap: $ 15 million / Cash $ 14.5 million
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Post by deepoil0808 on Jan 31, 2022 2:02pm

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

With present shares outstanding on the market that are allowed to trade, 

We TRADE AT CASH,

Mkt cap of Poda: $ 15 million     vs   Cash on hand:   $ 14.5 million

My personal opinion
Comment by unclejerry on Jan 31, 2022 2:12pm
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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