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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

TSXV:FOBI - Post Discussion

Fobi AI Inc > Think like a VC not a retail investor
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Post by HTNYC1 on Oct 16, 2021 6:26am

Think like a VC not a retail investor

I've mentioned before that if fobi was american it would be a unicorn already. It also would NOT be a public company yet. It would be going through the seed rounds and accumulating millions in series A and B money at a likely 1-2bn USD premarket valuation at this point. Sheldon Inwentash is clearly a morally bankrupt man but that doesn't make him stupid. Canada's lack of a VC scene makes breakthrough companies take the long way around to the big dance on the Nasdaq and that is exactly what fobi is doing. You get to buy this company at Series A prices. Once it hits the Nasdaq that moment is gone. You are in a beautiful window where retail actually has some power here. That window closes 6 months from now. Tech investors shouldn't think what is this company worth based on fundamentals or what nobslapper2000 says on a stupid message board. They should think (and I agree with Stan here) what would it cost facebook, amazon, apple, google, Oracle or others to build this and then add a 40% premium on top because if you are long that is what will happen here.
Comment by Baysv1lle on Oct 16, 2021 8:43am
Great post HTNYC1....pay attention to this post anyone that is debating whether to start a position in Fobi or considering adding  more 
Comment by 12groundpounder on Oct 17, 2021 1:46am
You're right hi tech firms in Canada trade for a pittance of what the American companies trade for.That's why we have the potential to be five times the price in the short term. What would it cost you to be a joint venture partner the shoplift 5050 with 1.7 million business exposures. Or what about Nelson IQ in 150 countries the top firm in the world. Or what about 200,000 patients so far ...more  
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