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Generative AI Solutions Corp C.AICO

Alternate Symbol(s):  AICOF

Generative AI Solutions Corp. is a Canada-based artificial intelligence company. The Company is focused on developing a vertically integrated artificial intelligence (AI) solutions business through its MAI Cloud platform, with the development and commercialization of AI-powered tools and solutions for businesses and consumers across multiple industries. It is focused on using AI to create transformative products and services that benefit business and consumers across various sectors. The Company is engaged in developing AI-based solutions, which can be integrated into diverse workflows. By leveraging its MAI Cloud platform and its expertise in machine learning, natural language processing, and data analytics, it builds high-performance tools that redefine efficiency, productivity, and user experience. It intends to use the MAI Cloud platform to perform AI computing tasks and hosting for its internal projects, including GenAI Tobacco, Remitz, Classmate, and Global AI Newswire.


CSE:AICO - Post by User

Post by deepoil0808on May 13, 2022 1:48pm
168 Views
Post# 34682295

90% of proceeds should belong to Poda / 10% to patent owners

90% of proceeds should belong to Poda / 10% to patent ownersPoda has a deal with patent owners.   It is a perpentual life license.

The deal was that the patent owners get a 10% royalty from Poda sales.

Therefore it reasons that if the sale price with MO is $ 100,500,000 USD then the proper ratio is:


(a)  90% to Poda:                $ 90,100,000 USD

(b)  10% to Owners                10,400,000 USD



Poda shareholdersa are getting ripped off as the owners Ryan and partner are taking $45 million USD and, not $10 million USD which should be proper.

The payment to shareholders should be:  85 cents per share and not 40 cents per share

Next week as lawsuits begin - I expect that this will be a legal right that can be presented in the courts. 

The deal was always structed with PODA on a 90% versus 10% basis, a sale would therefore have to respect these terms.

For now, Poda does not have 66% of the votes, so deal is in your hands.   ASK for your proper share and defend your rights with lawyers if necessary.   We are 27,000 shareholders. 

My personal opinion.
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