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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 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.


TSXV:FOBI - Post by User

Post by HTNYC1on Oct 16, 2021 6:26am
708 Views
Post# 34013094

Think like a VC not a retail investor

Think like a VC not a retail investorI've mentioned before that if fobi was american it would be a unicorn already. It also would NOT be a public company yet. It would be going through the seed rounds and accumulating millions in series A and B money at a likely 1-2bn USD premarket valuation at this point. Sheldon Inwentash is clearly a morally bankrupt man but that doesn't make him stupid. Canada's lack of a VC scene makes breakthrough companies take the long way around to the big dance on the Nasdaq and that is exactly what fobi is doing. You get to buy this company at Series A prices. Once it hits the Nasdaq that moment is gone. You are in a beautiful window where retail actually has some power here. That window closes 6 months from now. Tech investors shouldn't think what is this company worth based on fundamentals or what nobslapper2000 says on a stupid message board. They should think (and I agree with Stan here) what would it cost facebook, amazon, apple, google, Oracle or others to build this and then add a 40% premium on top because if you are long that is what will happen here.
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