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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 DD54331on Jan 06, 2022 7:33pm
210 Views
Post# 34291190

Don’t lose focus!!

Don’t lose focus!!We obviously all want the SP to go up, but let's not forget why we invested in Fobi in the first place. As long as Fobi keeps forging new verticals and solidifying existing deals, we're good. They are firing on all cylinders, the SP will eventually increase when revenue does. Gotta remember a lot of the existing stock price is elevated due to exizsitng deals and what revenue they could make. It's called speculation. That's why the stock price is where it is today. Gotta remember they have only generated less than a million in any given quarter. That being said, the wallet pass can generate a lot of revenue, and no one knows how much, because each customer has different spending habits, and each deal holds a different deal on the wallet pass. But I believe Fobi is still unde valued based on that idea alone, especially the deals they already signed. They went from 6,000,000 wallet passes when they bought passworks and two months later they are at 10,000,000 that's a huge increase. That means a huge increase run revenue. That's just one line of revenue. Goodluck everyone 
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