Bullboard - Stock Discussion Forum 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... see more

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TSXV:FOBI - Post Discussion

Fobi AI Inc > GREAT NEWS

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Post by Midnightrider on Jan 14, 2021 6:06am

GREAT NEWS

https://m.digitaljournal.com/pr/4940885

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Comment by HTNYC1 on Jan 14, 2021 6:21am

That really is great news. Notwithstanding the deal itself and the first success of the SG retail partnership it gives further clarity on the revenue model which should allay some investor concerns. Personally, and somewhat idealistically, I love the idea that we can provide an out of the box solution to help local businesses band together and compete on a more level playing field with big chains. ...more

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Comment by skinner3 on Jan 14, 2021 7:29am

I hope this news release lights a fire under its butt

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Comment by HTNYC1 on Jan 14, 2021 7:58am

I hope so too but even if it doesn't the path is clear. These are mega deals. If we sign 4-5 medium sized chains that's $100m+ in revenue per annum and the floor gets higher as we build on top and the network effect kicks in. With all the irons in the fire you don't think Rob and team see somewhere near 80-100 revenue this year? At a 10x multiple that's 5x the share price right ...more

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