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Fobi AI Inc V.FOBI

Alternate Symbol(s):  FOBIF

Fobi AI Inc. is a Canada-based artificial intelligence (AI) and data intelligence company. The Company operates in the technology industry and sells software as a service (SaaS), reselling, referring, and licensing its technology to licensors. The Company enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences. The Company provides solutions, such as data, wallet passes, coupon platform, and marketing services. Its Sunflora is a global health and wellness retailer in the United States. Its wallet pass platforms deliver personalized, digital experiences directly through the mobile wallet. Wallet apps are used to save digital passes like coupons, membership cards, and event tickets as well as means of payment like credit cards. Its marketing services offer copywriting, blog post writing, video production, podcast production, photo editing, and more. It also offers a Qples SaaS coupon management platform.


TSXV:FOBI - Post by User

Comment by Goguenovichon Dec 11, 2020 7:34pm
373 Views
Post# 32091586

RE:RE:Flood of cheap shares about to hit

RE:RE:Flood of cheap shares about to hitVast majority if not all those warrants have already been exercised! Thats precisely the reason why they said in today's press realease that they got 4.6 M in cashflows from warrants!!! Most of the warrant holders have probably shorted the stock over the last days in order to cash in first and than exercised their warrants. That, combined with panic selling, have created downside pressure on the stock over a couple of days. That is now over and money is in company's treasury, bringing more flexibility to develop. No more dilution as per Rob's quote, except in favor of a strategic partner wich would be seen as good dilution if that ever happen. 
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