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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 grammarsoldieron Aug 15, 2024 10:52am
78 Views
Post# 36180525

RE:RE:LOL RUSureAboutThat (All Quiet on the Trading Front)

RE:RE:LOL RUSureAboutThat (All Quiet on the Trading Front)I'll back up FobiLol's statements

Deal with Kinect

A review of the finances on Sedar confirms this deal was never fully satisfied.

Sept 2019 PR Senor Frogs 

Never went anywhere

Dec 2019 PR Tribal gaming industry

This has gone nowhere, when was the last time we saw any info on this. All financial returns that I found show zero revenue.

May 2020 Tokyo Olympics

Did this even happen? I can't find any info anywhere that they actually provided any tech at the 2021 Olympics

Aug 2020 Pilot

Never went beyond a pilot, there was an announcement that it was rolling out to 550 retail locations

here

But no announcements beyond that and does not clearly appear on financials


Jan 2021 Pharmacy pilot

No updates beyond this press release so pilot went nowhere

March 2021 Sobeys

The often quoted Sobeys pilot, people on here are still using this as an example. Newsflash, pilots don't take over 3 years. This went nowhere, if Rob tells you it is still in the works....well it isn't

May 2021 AllNet

Made a big song and dance about this, AllNet never got the finance in order and Las Vegas council declined the application and they lost the land. Officially dead in the water.

March 2023 Bevworks

The smoke and mirrors of Bevworks. Initial PR marketed this deal as $10,000,000 in revenue for the five-year contract. The company was literally just registered shortly before the PR. The website and socials were set up the day before the PR.

We all know what happened, there was no $10 million, the deal ended up being the acquisition of 50% of the company so literally a made up valuation. The result was this deal led to all the problems with the financial statements and several auditors quit. It ended up being recorded in a negative balance on the Fobi financials.
All evidence shows that BevWorks as an entity no longer exists.

The above is just a snippet of examples, there is so much more.



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