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.

TSXV:FOBI - Post by User

Fobi AI Inc > FOBI CEO BUYS MORE SHARES

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Comment by jdfm22on Jul 12, 2023 12:14pm

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Post# 35537602

RE:RE:RE:RE:FOBI CEO BUYS MORE SHARES

I agree that the option to buy today with a significant discount makes most sense to the average investor. However, as the Chairman and CEO of FOBI, buying through the exercise of Mr. Anson's Options at a higher price, provides a signal to the market of Mr. Anson's future expectations and provides new cash to FOBI's FOBI's cash position. Buying on the open market does not add cash to FOBI's cash position. It's one of many, possible indicators. Just my added thoughts.

Cheers and stay informed, jdfm22

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