Fobi AI Inc V.FOBI

Alternate Symbol(s): FOBIF

Technology Software - Application

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.

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Fobi AI Inc > Someone has concrete on the floor

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Comment by filoux004on Jun 07, 2022 1:58pm

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Post# 34737701

RE:RE:RE:Someone has concrete on the floor

There are no lies!!!! Note 2c in the financials clearly states that Fobi is pursuing a new round of equity ie more Dilution and if unsuccessful cannot guarantee Fobi as going concern going forward. In black in white written by management nice try to deflect reality. Overvalued way way Overvalued Peace 60M mkt cap!!!53M accumulated deficit, 1.2M monthly cash burn rate, 301K last quarter in revs and only 2.9Mcash left as March 31st. Numbers don't lie and neither does note 2c. Glta

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