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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 TheWatcher780on Nov 25, 2023 12:36pm
138 Views
Post# 35752812

RE:RE:RE:Company is going to look a lot different at end of year?

RE:RE:RE:Company is going to look a lot different at end of year?Yeah, imo, not a chance.  You dont tell your shareholders you are looking to add long term shareholder value, or flash a 50$/share cake to the public and tell them YOU WILL EVERYTHING YOU CAN to get your shareholders there, only to go private.  If, and that'd a huge if, he wanted to buy the shares back, it would need to be at minimum, the price where he sold (2$/share). 

 Again,  highly doubt the go private.  Also just told us in the unscripted series, he had the option to go private, but didn't.   Sure, it would be easier to raise capital through PE and less headaches with the public, but he would be failing his fiduciary duty by tossing his shareholders under the bus with all his recent comments made publicly. 
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