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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 InvestorTron392on Nov 23, 2020 7:46am
120 Views
Post# 31950917

RE:RE:Potential ceiling

RE:RE:Potential ceiling Is it clear to everyone yet that this guy is a shorter?
BCdude wrote: It's impossible to know since the company hasn't released anything concrete for revenue projections, and the latest quarterly reports showed they had no revenue as of June 30th. So speculations as to how high it could go are littkle more than rolling the dice at this point.

Having said that, a company that Rob says can do a few of the things Loop can do was recently acquired for a little over $100 million (if memory serves). Rob has said Loop can do ten times the things this other software could do, so based on that very sketchy comparison, let's be generous and say Loop will one day be valued at $1 billion. This might be possible based on speculation alone, as some companies in this sector trade at valuations way above their actual value.

The company has ~137 million shares fully diluted, so that would mean the company would be trading at ~$7.30/share at a $1 billion market cap. That assumes no additional financings (highly unlikely) and a few quarters of actual revenue with signs of massive growth.

In other words, if the stars align and everything goes Loop's way I could see this trading in the $7.00 range at a MAXIMUM over the next few months.

I'd personally be ecstatic with $2.00/share, which is still a ~$274 million market cap (assuming no additonal financings). A lot would have to go right to hit this level.

More realistically? I think $1.00 to $1.50 might be possible if we get some excellent news and confirmation that significant revenue is coming in.

My two cents.

Drodmyson wrote: Also for those of you good at math, with the available share size currently, what do you all think is the possible ceiling height? Is it crazy for this thing to hit in the 30's-40's in a year, a month, or never? Just curious as to how high this company can climb the ladder. 




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