Fobi AI Inc V.FOBI

Promises?

[RatherUnique]

There are still 0 updates on any pilots they went in on with their Fobi devices. This is why you don't make promises you cannot keep, you lose a lot of integrity and the confidence of your more faithful shareholders.

Really dropped the ball and this has nothing to do with the SP.

I'll give this til end of week but if two weeks ago Rob said there would be an update on the pilots "next week" and two weeks later nothing, that's kind of a joke. How can anyone defend that?

[filoux004]

Mkt cap 61M Overvalued way way Overvalued Peace

[steamerlane]

What I have noticed about CEOs is they seem to have a tendencey to give an optimistic view of when something of importance is going to occur.So Rob says "next week", and then due to some scheduling change,illness or whatever, the time frame has changed.

[RatherUnique]

That would imply that sometimes timelines don't work and things are delayed which is an obvious fact in business and life, but he has a long history of doing this. Why say next week if you aren't sure? Why release an NR last yr saying they were all "done" lol. Been here forever but how can anyone defend this. Like I said I've been in forever and always been long, this things

[steamerlane]

It is easy to defend this because I understood that the time lines are not set in concrete and most of the time will change. Maybe Rob fells the need to keep a positive outlook on upcoming events by keeping investors looking forward to the next important *update*.

[filoux004]

I think you know the answer and what's going on here... Overvalued way way Overvalued. 61M mkt cap for 301K in revs last quarter and an accumulated that keeps growing quarter after quarter no 53M!!!. You simply cannot continue eternally capitalizing your expenses which by the way are 1.2M cash per month.PEACE