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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

Post by Fenwickfoxon Oct 26, 2020 4:47pm
434 Views
Post# 31783210

Saw this post on reddit

Saw this post on reddithttps://www.reddit.com/r/CanadianInvestor/comments/jiikfx/dd_on_loop_insights_mtrxv/

I didn't write the above post, but decent discussion can be had from it.

Information seems outdated with 2019 #'s. Compensation, from what I gather was under 400k for 3 CEO's, not 450k for 2.

I can't find 2020 cash burn of 14m, just 2018 of 7m and 2019 of 13m. Does anyone know what their current cash balance is--or better yet, updated financials for 2020? Or is that to be release in a few months?

The rest of it is hyperbole in pretending any company ever penetrates the entirety of a market potential and trying to compete with major conglomerates like Microsoft.

I do plan to reply/rebuttle the reddit post after work.

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