RE:Fobi's market cap...Also this.....The Company entered into a PaaS contract with ParcelPal Logistics Inc. (“ParcelPal”) on February 22, 2023. The price stipulated in the contract was $120,000, however, the parties agreed for a settlement in 1,800,000 common shares of ParcelPal with a fair value of $51,345. The shares had trade restriction ending on July 17, 2023. The Company recognized $15,281 of revenue and $36,064 of deferred revenue, during and as at the year ended June 30, 2023.
Pubicly traded company, watching this is needed.