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Bullboard - Stock Discussion Forum Fobi AI Inc V.FOBI

Alternate Symbol(s):  FOBIF

Fobi AI Inc. is a Canada-based artificial intelligence (AI) and data intelligence company that provides businesses with real-time applications to digitally transform and future-proof their organizations. The Company enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences and drives digital sustainability by... see more

TSXV:FOBI - Post Discussion

Fobi AI Inc > FOBI: FORWARD LOOKING with THE OSCARS & THE NASDAQ
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Post by LoopTracer on Oct 30, 2022 9:19pm

FOBI: FORWARD LOOKING with THE OSCARS & THE NASDAQ

2 top-tier, premiere, high security, confidentiality-driven leaders in their respective industries depend on FOBI for safe, secure, efficient, 100% dependable digital Venue Management: THE OSCARS & THE NASDAQ!!! (Scroll down to view summary of success, most likely to be renewed for years to come with built-in revenues) https://www.fobi.ai/checkpoint?utm_campaign=CheckPoint&utm_content=218005616
Comment by TimSanders on Oct 30, 2022 10:49pm
nasdaq rules: you need to be cash flow positive. The nasdaq dont accept debt ridden companies. Like who hires 1000 staff with nil for earnings? Half probably sit on fb all shift and play farmville.$30 an hour each to chat on fb all shift? 250k salaries to kick up your legs on the desk all day to take phone calls for freebee trials?
Comment by LoopTracer on Oct 31, 2022 12:32am
Timmy if you read the link & scrolled down, you would see the reference to The NASDAQ is that of being a FOBI Venue Management client. This fact is in the now, since June FOBI has been servicing The NASDAQ needs as authorized people enter the NY NASDAQ facility using FOBI digital identification.
Comment by gltaisignlongs on Oct 31, 2022 8:57am
https://www.fobi.ai/success-stories
Comment by yureja55 on Oct 31, 2022 12:01am
This post has been removed in accordance with Community Policy
Comment by zabber on Oct 31, 2022 3:27pm
Are you sure they depend on FOBI? Or was this a successful pilot? Who else can do this? Are you sure about the renewal and revenues piece? .. or was this just a free pilot and when it comes to actually paying there is no appetite? Lots of deal in FY 2022, limited revenue thus far. Makes me wonder.
Comment by LoopTracer on Oct 31, 2022 5:18pm
Good points Zabber... always good to question. I have been questioning FOBI especially hard on THE OSCARS & THE NASDAQ pilot/client relationship & have now come away with a "most likely" assessment that both will become paying customers in subsequent years. Hopefully, we will know soon on THE OSCARS as it airs March 2023. THE NASDAQ Venue Management job would be in for renewal in ...more  
Comment by zabber on Nov 01, 2022 3:12am
I have a feeling you are right LT, but we'll have to wait and see. I haven't lost faith, but am a lot more skeptical these days. When Eddie Watson goes out to say "this will be an immediate 10x in revenues [in this vertical]" I can't help but think 100% of 0 is still 0. The main thing keeping me in this trade is 8112, tbh. Have another 2 years to go on that thesis.
Comment by LoopTracer on Nov 01, 2022 12:26pm
My OSCARS & NASDAQ question made it into the FOBI GENERAL ANUAL MEETING DISCUSSION with most positive response from the CFO!!!
Comment by steamerlane on Nov 01, 2022 12:48pm
What was the CFOs response?
Comment by LoopTracer on Nov 01, 2022 12:58pm
FOBI is in serious negotiations with THE OSCARS for next year's gala event. Re: THE NASDAQ things are flowing well & they expect to continue the relationship going forward (into future years). These are my words... I will post a quote transcript when I have a chance. These 2, if FOBI can keep them in the family, will help sell, convince, promote the FOBI Brand going forward.
Comment by NorthBuddy on Nov 01, 2022 1:49pm
.. especially in da 'States' - well done Sir or Madam, thanks..
Comment by TimSanders on Nov 01, 2022 2:01pm
the oscars sell 2800 tickets, they will only make 10k in revenue max. Dont get fooled folks! Next quarter will be 50 million debt in salaries. 5000 staff on tik tok at work for their shift work.
Comment by Ezzzra on Nov 01, 2022 2:11pm
Hey Tim Slanders, the bigger motion picture - Great hunting grounds for potential - influencers - GL.
Comment by LoopTracer on Nov 02, 2022 1:40am
Exact transcript from FINANCIALS re: THE OSCARS & THE NASDAQ question I submitted: If the NASDAQ & THE OSCARS were executed well, can we expect contract renewals from these deals??? Annie: "We are expecting that to be the case. In the case of NASDAQ, they actually asked us to do more work & we have been developing new features for them, additional features & that is happening ...more