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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 19, 2021 9:09am
316 Views
Post# 34021647

Good update / New info

Good update / New infoImportant to keep newer investors and those with short memories up to speed. 4 pieces of new news in there for those that have kept up with the company over the past months:

1) Warrant exercises delivering another 2m+ and further solidifying cash position

2) Institutional interest in the stock increasing - bodes well for momentum around the uplist

3) Establishment of a direct sales force - really important so that they aren't just a tech reseller and can build on their own terms

4) Closing of Qples acquisition setting the table for pilot completion. There has been a lot of info around sizing up those pilots by integrating the new features - particularly for retailers, the couponing piece will be big
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