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 > Hopefully theY STEP down after brutal financials

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Post by XRP111 on Nov 28, 2022 11:13am

Hopefully theY STEP down after brutal financials

I'll be the 1st to say' its about time'. They ruined the debt from over hiring staff that didnt do nothing but create huge debt. Now ere 57 million and growing. Will be 100 million by 2024 imo

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Comment by filoux004 on Nov 28, 2022 11:52am

Just for the record it's NOT Debt, it's an Accumulated Deficit whereby cos are allowed to capitalize their expenses. But 57M! and growing after the fins release is definetely streched to be polite with declining revenus! 218K last quarter. Glta

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