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 > pacer217 was right!

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Comment by grammarsoldieron Nov 04, 2024 7:09am

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Post# 36294764

RE:RE:RE:RE:RE:RE:pacer217 was right!

This is the thing that the Fobi cheerleaders have turned a blind eye to. They point to how much Rob has invested, how much stock he owns etc.
None of these folks have bothered to actually look at the financials in detail or they either failt o understand them.
Rob draws down an extremely large salary from Fobi, far greater than any CEO would at a tech startup and especially one that continually makes losses.
There's also a leased car and "business" expenses to Vegas.
The man sold off a large chunk of shares at the share price maximum value (failed to declare it) and reinvested his position at a pittance of what he sold the shares for.

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