Fobi AI Inc V.FOBI

FOBI in CHINA?

[jdfm22]

I watched the webinar/interview of Rob Anson presenting the FOBI platform/apportunity to the business community in Asia a week ago. FOBI's suite of recent service launches:
- PulseIR
- Investor Pass
- CheckPoint Venue Management
- AltID
- PassPro
- CheckVax
- Joint Venture Solutions with Janam
- Amazon Business Fulfillment
- Hiring of Annie Chan as CFO
- Completion of SOC2 Type 1 Certification
- Integration with Hedera Hashgraph

With all the COVID problems China is having in it's major manufacturing and financial centres, the FOBI webinar/interview timing couldn't be better.

HUGE OPPORTUNITY

Cheers, jdfm22

[tbles11]

well they better hurry up before the stock price drops to a dime

[MiniVanStan]

Excellent analysis jdfm. So many great lines of business being created this quarter should show another stong percentage uptick in revenue and could surprise a lot of people.  MVS

[filoux004]

So MiniVan what's yr guess estimate of rev this quarter??? I believe June 6th...you do realize their monthly cash burn is 740K and they had 4.8M cash left Dec31. All numbers fr official filings on SEDAR. Overvalued way way Overvalued Peace

[tbles11]

theyre gonna need financing with a burn rate of 3/4 of a mill per quarter. Not to mention the big hiring spree(100k-250k per employee)

[filoux004]

Correction its 740K!! A Month!!!!! Overvalued way way Overvalued Peace

[thearab]

I have had all I care to see what you wrote so off to the dump bin with you.J.J.

[MiniVanStan]

Let me guess,  that child that says the same thing over and over lying about numbers and saying its way overvalued is back? Blocked that petulant child a long time ago and suggest everyone else does as well. Fobi is well undervalued here btw. Let's say this quarter is around $2 million, that's $8 million a year and if you use a very conservative 20x multiple you get a stock price of

[tbles11]

what about 5 mill per quarter burn rate MVS?

[197020]

So True, so undervalued, hold on things are going to get interesting!

[tbles11]

Lots of shares for sale, a selling frenzy, the war is scary. As long as propanda media ALL stocks will continue to slide into the abyss. Unfortunately the sheep are asleep and a .25 share price soon enough

[pacer217]

Another ignorant statement  from you.  the ONLY reason that this is below .80 cents -plus is that the Venture market is a "dead market trading".  It's only been below this twice in twenty years, investors / traders  can't , will not ,  or are not allowed to "invest / trade anything here. The fact that FOBI stayed even on a sell off day like

[tbles11]

you keep lying about averaging down since $4. I bet insiders keep dumping. All i know that i'm down 800+k and to be honest i dont care. Its not the companies fault, it has to do with Miss Clinton who runs the show since Russia hacked the votes and got Trump in. The problem when you're part of the elite, you control the world. So that being said, this war is set up and paid and will

[filoux004]

Yes the numbers will be out shortly and will confirm that FOBI is way way Overvalued. With their monthly cash burn of 740K , cash of only 4.8M as of Dec 31 and no eminent revenue ramp up the Co. will have to tap the capital markets ie more dilution to meet financial obligations! Just my humble opinion. Peace all numbers are available on SEDAR.

[pacer217]

Just so you know,  In 2024 Trump will either be dead, in jail, in hospital or under house arrrest. president is NOT in his future.  And no,  I started averaging down at about $1.80 and my overall average is about $ 1.35,  So I will be above even by late summer. ( and rich by the end of 2023!!)

[filoux004]

Care to expand???? Pacer, you know how do you get to your outlook???Peace

[tbles11]

and what happens if were trading at a dime by end of 2023?

[pacer217]

What a load of B. S.  The income for a quarter is more than double your estimated burn rate ( as of the coming Q3)  The income level for Q4 will be approaching $3.00 Mill. where do you get that nonsense about @200K or more for new highers . What hiring spree?  They went from 72 employees at end of 2021 to 78  employees in Feb. The new CFO is recent. she will NOT be making 250