Fobi AI Inc V.FOBI

Someone has concrete on the floor

[Seelow7]

Won't let this dog drop below .40 cent firewall.  Just let the sp die, already! FONI promised too much and delivered too little.  Epitaph.

[filoux004]

As stated in the Financials note 2c and in M/D. Fobi is actively trying to raise new equity ie more dilution for present shareholders and failing so cannot guarantee Fobi as a going concern. With a present mkt cap of 60m and only 301K in revs last quarter. Overvalued!!! Peace

[MiniVanStan]

So this lowlife just lies. There is no active raise at all so what you are saying is pure dishonesty. You high school education probably didnt accont for general disclosures so why dont you just cover your short before it is too late. Actually I hope you short more so you get destroyed. The forwardlooking statements contained in this news release speak only as of the date of this news release

[filoux004]

There are no lies!!!! Note 2c in the financials clearly states that Fobi is pursuing a new round of equity ie more Dilution and if unsuccessful cannot guarantee Fobi as going concern going forward. In black in white written by management nice try to deflect reality. Overvalued way way Overvalued Peace 60M mkt cap!!!53M accumulated deficit, 1.2M monthly cash burn rate, 301K last quarter in revs and

[zabber]

Sorry Stan, but the language in the fins is a bit more specific than that. Namely: As of March 31, 2022, the Company had not yet generated significant revenue or positive cash flow from operations. The Company has a net loss of $14,846,372 for the nine-month period ended March 31, 2022 and accumulated deficit of $53,937,663 as at March 31, 2022. These factors, among others, may cast substantial

[steamerlane]

Those statements about "going concern"etc, are made only for puposes of liability(which is a common practise) and nothing more. FOBI is debt free and had previuosly explained that the majority of the losses that are recorded, are from the stock compensation/s, not from any cash losses.

[filoux004]

That is simply not true, last quarter they had 5.8M operating losses of which 2.153M were issuance of options leaving a cold cash loss of 3.70M. This is being going on quarter after quarter. This continuous loop of dilution through options and warrants issued at low strike prices and then exercised by mgmt and insiders when there is a stock run up. Bottom line 53M!!!! of accumulated deficit!! That