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Bullboard - Stock Discussion Forum infinitii ai inc C.IAI

Alternate Symbol(s):  CDTAF

infinitii ai inc. is a Canada-based company engaged in providing environmental monitoring to water infrastructure utilities in the United States and Canada. The Company provides artificial intelligence (AI)-driven predictive analytics for smart city water and smart industry infrastructure applications that rely on time-series data. Its software performs real-time analysis, checks flow... see more

CSE:IAI - Post Discussion

infinitii ai inc > This part is the best though
View:
Post by elMickster on Jan 12, 2021 6:38pm

This part is the best though

Pursuant to Mr. Phaneuf's retainer and the Company's stock option plan, the Company has granted stock options allowing him to purchase a total of 1,000,000 common shares.  The options expire 5 years from the issue date and have an exercise price of $0.14 per share.  Every three months, 25% of the options will vest such that all the options will have vested 12 months after issue.

The Company has also settled outstanding consulting fees and a contract signing bonus to Mr. Phaneuf of a total of $63,000through the issue of a total of 450,000 common shares of the Company.  These shares have a statutory hold period of 4 months and one day.

Comment by Magus22 on Jan 12, 2021 7:18pm
it amazed me how these " managers " keep getting jobs after bankrupting companies.  Look any guy bourassa from nmx and t-Tex he's a perfect example . Jcp is in the same league imo.  I guess it's who you know and not what you do.