Incredible, innit? The stock is being valued at May highs .. Almost as if these announcements didn't happen. .. and as if there won't be anymore. Wonder how many people here looked at the rip and wished it would pull back so they could buy back in? What's changed? Stock market psychology is fun.
jdfm22 wrote: All the events below (last 4 months) have no influence on the 2021 Financials. Zero; they took place after the year end. The financials reflect only that which took place prior to July 1, 2021. I’ve owned FOBI/Loop Insights since June/2020, just after the Amazon investment of $100K. The share price range over the last 52 weeks has been from $0.37 to $3.93. If you are someone who was expecting an Annual Report that would send the Share Price to the moon, then you haven’t been following FOBI closely for the period of July 2020 to June 2021. If you’re one of the bashers on the board, then you probably don’t follow FOBI much and just bash away. It’s quite remarkable the distance that FOBI has travelled in the last 15-18 months. It is reasonably likely that FOBI will expand over the next several years as their data capabilities are staggering in their possible applications. The stocks that I own, I’ve held anywhere from just over 3 months to almost 30 years. I’ve looked for reliable as well as cutting edge. When you find something that is cutting edge and disruptive, pay attention, buy and hold, take the occasional profit to suit your personal needs. FOBI has legs and keeps moving forward over time. I’m looking forward to the balance of the year and the next 5-10 years.
Cheers, jdfm222
· On July 20, 2021, the Company was selected by GPJ to utilize their Wallet pass solution as part of their event management solution.
· On July 27, 2021, the Company signed a Binding Letter Of Intent (“LOI”) to acquire US based Qples online coupon and advertising platform to deliver global CPG generated coupons into any retail platform.
· On July 29, 2021, the Company announced adding ticketing and admissions capabilities to live and digital fan engagement to deliver a comprehensive solution for a NCAA Division 1 basketball tournament at Baha Mar Hoops in the Bahamas
· On August 19, 2021, the Company announced the release of its new Smart Scan App to be used by Passcreator and Fobi customers to validate Wallet passes in addition to the utilization of Fobi’s proprietary Smart Tap devices (which use NFC) to validate the Wallet passes at events, venues and other locations.
· On August 24, 2021, the Company announced the release of their new Venue Management System for Conferences & Events intended to help venues and conference organizers provide better, mobile-first contactless customer experience, reduce costs and get better analytics about how attendees are interacting with their event.
· On August 27, 2021, the Company announced the release of its new Digital Proof of Vaccination service CheckVaxTM, to assist venues and businesses comply and meet government vaccine mandates.
· On August 30, 2021, the Company announced the completed integration of the Fobi Platform with Shopify and the availability of the Fobi App on the Shopify App Store for purchase by Shopify retailers.
· On September 1, 2021, the Company announced that it had signed a deal to provide Fobi’s Venue Management and Wallet pass solution to the Canadian Hockey League.
· On September 7, 2021, the Company announced a data aggregation and analytics partnership with Lightspeed Commerce Inc., a one-stop commerce platform for merchants globally.
· On September 10, 2021, the Company announced the integration of Fobi’s Wallet pass solution (including the CheckV axTM Digital V accination V erification service) with the Hedera Consensus Service.
· On September 13, 2021, the Company announced that it had developed and released a new universal app-less proof of vaccination validation solution, CheckVaxTM Validator, to support Smart Health Cards (SHCs)
· On September 15, 2021, the Company announced the launch of Fobi 3.0 the next generation of the company’s proprietary IoT hardware device.
· On September 21, 2021, the Company announced that Draganfly’s Vital Intelligence Smart Vital system had been integrated into Fobi’s Venue Management System for Conferences & Events.
· On September 22, 2021, the Company announced the launch of the Fobi Data Exchange (“FDX”) with its first data monetization agreement and partner, In-Touch Group, a provider of consumer insights and digital marketing to retailers and consumers.
· On September 24, 2021, the Company announced that it had entered into a data consulting agreement with Azincourt Energy Corp., a Canadian-based resource company specializing in the strategic acquisition, exploration, and development of alternative energy/fuel projects.
· On September 27, 2021, the Company announced that it had entered into an asset purchase agreement to acquire certain specific assets and the assumption of certain liabilities from Qples, Inc. for total consideration of approximately US$3.2 million, plus up to an additional US$1 million earn out.
· On September 29, 2021, the Company announced that it had entered into a data consulting agreement with Kiaro Holdings Corp. to consult on the development of Kiaro’s data warehouse and real-time data analytics strategy.
· On October 7, 2021, the Company announced the execution of an agreement to acquire PassWallet, a leading app (by Google Play Store downloads) for managing and utilizing Wallet passes on Android phones.
· On October 8, 2021, the Company announced the signing of a national Passcreator Wallet pass transaction with S4S, Iceland’s largest shoe retailer.
· On October 12, 2021, the Company announced the Company had entered into a Service Agreement with Empower Clinics Inc. to integrate Fobi’s artificial Intelligence data applications and wallet pass platform into Empower’s Kai Care COVID-19 Testing product.
· On October 13, 2021, the Company announced the receipt of TSXV approval and completion, on October 13, 2021, of the acquisition of Qples. In consideration for the acquisition of certain assets and certain specified liabilities of Qples, FOBI will pay to Qples the aggregate purchase price of US$3,151,385 (the “Purchase Price”) paid as follows: (i) US$2,120 payable in cash; and (ii) the remainder of the Purchase Price will be satisfied by the issuance of 1,222,551 common shares of FOBI (the “Shares”), being the remainder of the Purchase Price converted into Canadian funds using the Bank of Canada daily exchange rate on the date that is five (5) TSX Venture Exchange trading days prior to the closing date of the Acquisition (the “Closing Date”) at a price per share equal to $3.24 CAD. Qples also has the opportunity to earn up to a US$1,000,000 earn out (the “Earn-Out”).
· On October 14, 2021, the Company announced a new relationship with REVELXP, which delivers a leading fan engagement solution to both the collegiate athletics and professional sports markets. It is envisaged that Fobi would receive an initial setup fee for each event, together with licensing revenue for each Wallet pass distributed to fans.