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 > Last May FOBI spent $250,000 to market the brand...

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Post by LoopTracer on May 10, 2022 9:52am

Last May FOBI spent $250,000 to market the brand...

... and that deal lasted 1-month. (FACT).

Revenues coming June 1st can surely surpass that amount by 10x one would think with at least 10-deals in the quarter given an easy $250,000 up front fee each, right? We know there were deals, big deals, The Acadamy Awards, The NASDAQ, a top-tier insurance company to start. There has to be layers of revenues flowing in by now, not just new contracts either. Remember, FOBI acquired a European market already plugged into PassCreator that included the likes of BMW as clients.

Go FOBI Go!!!

Grow FOBI Grow!!!

Flow FOBI Flow!!!

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Comment by filoux004 on May 10, 2022 10:09am

So you are calling for 9M in revenues this quarter??!! Wow, I guess will find out shortly, I am calling for 1.2M basically PassCreator and Qples et 2 small IT mandates ...with there present Balance, no eminent rev ramp up and burn rate Cash of 740k a month Fobi needs to tap the capital markets again ie more dilution to present shareholders. Overvalued way way Overvalued. Peace all data available ...more

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Comment by LoopTracer on May 10, 2022 10:18am

10 x $250 000 spent on marketing was my comparison. If it was that easy for FOBI to shell out $250,000 for a short term marketing campaign... it could surely succeed on a similar clip with each contract signed. And we all know many contracts were signed as Rob was burning the midnight oil for months before taking a well-deserved Hawaiian vacation recently. Yes, my hope is $2,500,000 but anything ...more

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Comment by filoux004 on May 10, 2022 10:28am

Did you know that communication firm EMC LLC they hired for 250K usd was cancelled after two months. You are a funny man, don't you realize that their rev base cannot meet their financial obligations??? It's pretty obvious. Overvalued way way Overvalued Peace

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Comment by LoopTracer on May 10, 2022 10:41am

That was my point... if FOBI SPENT $250,000 FOR LESS THAN 2-MONTHS WORK... one would think FOBI could sign 10-contracts & generate $250,000 for each on the front-end. Thus, seering into the FOBI mindset that the $250,000 tossed away would be a number to be turned around for profits!!!

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