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 > Is a NR really needed to show FOBI software upgrade???

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Post by LoopTracer on Sep 20, 2022 9:57am

Is a NR really needed to show FOBI software upgrade???

Let's try to get inside the process. Software companies usually upgrade their product capabilities with a client request. Most likely, this NR was connected to a "change-order" requested by a current client... say, The Academy of Arts & Sciences, aka/ The OSCARS or THE NASDAQ, who both currently are in the FOBI Family of esteemed clients. Which or both requested it, which or both are utilizing it, how many others can now piggyback on the upgrade? Let me ask, if the client was announced who requested such an upgrade, would it be worthy of a NR? We both know FOBI is bound by non-disclosure agreements with both companies that have handcuffed any timely connected NR in the past. I say THE NASDAQ is most likely the proud owner of a FOBI VENUE MANAGEMENT upgrade... Isn't that something special???

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Comment by TimSanders on Sep 20, 2022 11:45am

running out of options is my guess. Just free appies and bunk N.R that have nothing to do with revenue. Oh well, blowing $500 per n.r, spending 100k in n.r a year. Brutal

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Comment by zabber on Sep 21, 2022 3:53am

Honestly, even if NASDAQ is proud owner of a new upgrade .. is that worthy of a news release? I guess it shows they're still working with them but *yawnsville*. Idk, call me jaded. This year's been a bit of a dud. Crawl walk .. walk .. I added a small tranche around .40 a few weeks ago but I'm pretty bored with this company. Maybe one day they'll do something extraordinary, but the ...more

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Comment by pacer217 on Sep 21, 2022 9:37am

Yes, this is NOT an incredulous event, BUT the problem Rob has as he would see it is that we are in the annual window between the announcement of #3 and the release of Q #4.. Because of the Audit time- gap there are almost 5 months of time elapse. The company , he feels, MUST keep the noise level up and in the public eye. A press release, almost weekly is one way. ...more

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Comment by zabber on Sep 21, 2022 12:02pm

Interesting theory pacer. Would explain the news blitz last year at this time. Would love to see a *solid* revenue post. $10m for the year and it's off to the races.

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