Fobi AI Inc V.FOBI

Alternate Symbol(s): FOBIF

Technology Software - Application

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 eliminating the need for paper and reducing unnecessary plastic waste at scale. It operates in the technology industry and earns revenues from directly selling software-as-a-service (SaaS), reselling, referring, and licensing its technology to licensors. It offers Wallet passes, which are digital representations of physical cards or documents that are stored in mobile wallet apps and simplify the user experience by providing smartphone access to membership cards, coupons, tickets, and more. It enables businesses to action, leverage, and monetize real-time data across online and offline platforms.

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Fobi AI Inc > FOBI is worrysome

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Comment by pacer217on Jun 17, 2021 2:05pm

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Post# 33405247

RE:FOBI is worrysome

I will waste four minutes of my day to answer. "Elementary my dear Watson / Kingy. "

The reason it (WE! ) borrowed money is because in Q1 the expenses were far higher than income.
This will also be the case for Q2 and most likely for Q3. (they DO have to pay the staff!!)

BUT, when we get to q4, and then FY 2022 and income is in the millions, ( and the stock is some where north of $3.50 ), the plan to borrow will no longer bug you or us!!

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