Fobi AI Inc V.FOBI

FOBI is worrysome

[kingyahoo]

I have posted several times positively about Loop, now Fobi. It reached a high of $2.98 few months ago. Now it is in the gutter. Today, a low of $1.33. Last week it borrowed money. Why?

[pacer217]

I will waste four minutes of my day to answer. "Elementary my dear Watson / Kingy. " The reason it  (WE! ) borrowed money is because in Q1 the expenses were far higher than income. This will also be the case for Q2 and most likely for Q3.  (they DO have to pay the staff!!) BUT, when we get to q4, and then FY 2022 and income  is in the millions,  ( and the stock is

[LastZaz]

If you don't understand why a company at this stage needs equity financing to grow and support ongoing operations, with respect, I don't think you should be investing in companies like this. Long term plays take time, and stocks like this tend to be volatile. The big price increase was likely more related to the penny stock surge from that occurred several months ago that has since died

[thearab]

Kingyahoo-Email Rob he is always posting his phone number on all news releases and then you can ask him.

[kingyahoo]

Utter rubbish. I had never given my phone number or email. My real name is: Dr. M. H R. The name Kingyahoo is at least 20 years old.

[pacer217]

I am NOT the person who wrote the comment you reference, BUT... you read it wrong.  The comment was that ROB ANSON is easily reachable by phone / mail.  You can ask HIM your finance question... or you can read MY answer; same diff.!!

[MiniVanStan]

Sure call up Rob every single smaill investor and ask stupid questions, it is not like he is busy or anything buidling the business, why not clog up his day and waste his time so you can feel comfortable about your $1000 investment. There is a special brand of stupid here on this board.

[pacer217]

Your point is certainly valid; but I only e mailed him once and he answered in less than an hour.

[Johnroccono]

Hi Stan