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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

Comment by zabberon Mar 02, 2023 1:03pm
84 Views
Post# 35315480

RE:Financials are in line we my expectations

RE:Financials are in line we my expectations Hope you're right.

Seems like it's always "next quarter" and the company is excited about the next partnership.

The numbers tell me that all the work and deals aren't paying the bills ...

... YET

Maybe Colby is just what they needed to ramp this up -- someone with connections and sales skills.

If we're still floundering a year from now I think I'm out. Don't mean to sound impatient, but according to Rob we were supposed to be cashflow positive by now. Crawl, walk, run. Sales mode focused on a few key products. Now we are back to M&A? Seems like the strategy changes quarterly.

Still long & strong but I'm taking the forward looking statements with a whole shaker of salt. I've become a badholder .. *er* investor.

Will check back in quarterly.

ABC go longs, and all that jazz.
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