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AirIQ Inc V.IQ

Alternate Symbol(s):  AILQF

AirIQ Inc. is a Canada-based Internet of things (IoT) based asset management solutions company. The Company’s principal business is to develop and operate a telematics asset management system using specialized software, digitized mapping, wireless communications, the Internet, and the global positioning system (GPS). The Company develops iPhone Operating System (iOS) and Android mobile and Web-based applications, and cloud-based solutions that stand-alone or that can be readily integrated with existing software. The Company’s solutions are mixed fleet capable and provide fleet reporting, maintenance, compliance, safety, and analytics utilizing multiple hardware options including a fully integrated video telematics camera solution and a battery powered solution for non-powered assets. Its solutions include battery powered solutions, fleet maintenance, fleet compliance, fleet analytics, and fleet safety. Its AirIQ Fleet provides the tools to protect and extend the lifespan of assets.


TSXV:IQ - Post by User

Bullboard Posts
Comment by billbarilkoon Nov 14, 2007 10:31am
496 Views
Post# 13805013

RE: RE: AirIQ

RE: RE: AirIQwow, I'm really quite surprised by these anemic numbers...I thought they were moving in the right direction but this seems like 2 steps back. I imagine the new vp technology and the new vp sales have their work cut out for them. I'm not sure how many of the Simmonds clan are still left but a good old house cleaning is what is needed and it seems like it has started.

I do not know when they last issued a real sales press release that contained revenue and/or units but it seems the previous posts assessments of the sales staff and leadership is accurate.

And for the ex CEO to take this once promising company into single digits and then take 500k as severence is really unreal - I would not be surprised if we see a formal investigation into the actions of these guys. The old "loans" from brother to brother at 20% interest rates is another example of this company fleecing their shareholders...Hopefully the TSX compliance people will look into these affairs.

Bullboard Posts