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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 IIIIIIIIIIIIIIlon May 16, 2022 11:14pm
241 Views
Post# 34688160

Appears they have 41% votes

Appears they have 41% voteslocked up already so retail can't do much on the vote

Each of the directors and senior officers of the company, together with certain other shareholders, holding shares carrying in aggregate approximately 41 per cent (after conversion or exercise of certain convertible securities of the company held by such shareholders) of the votes which may be cast at the meeting, have entered into voting agreements with ALCS pursuant to which they have agreed to cast such votes in favour of the resolution approving the transaction. Further information regarding the transaction, including the background thereto and the rationale for the recommendations made by the special committee and the board, will be contained in the management information circular that the company will prepare, file and mail to the shareholders in connection with the meeting, and which will be filed under the company's profile on SEDAR. All shareholders are urged to read the circular as it contains important information.
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