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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

TSXV:FOBI - Post Discussion

Fobi AI Inc > Who would buy 54 million shares of a company. Unless
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Post by Invest142806 on Dec 29, 2024 10:00pm

Who would buy 54 million shares of a company. Unless

Who would buy 54,000,000 shares of a company, unless they knew it possessed something special or something they wanted. Why not wait until it's bankrupt and buy it dirt cheap. I am curious to see who it is, and why they are so interested in Fobi, that they would spend 2,000,000 usd for a company that can't even pay its bills. I am a shareholder and I hope that it is some good news, bought this company, because I thought it possessed something special, and after it's Comcast sports accelerator program this summer I thought they would find their niche market. But then no real news and this happened. So I am curious if they will survive and thrive, or crash and burn. But this news is very interesting. Good luck anyone who took a chance on this company.
Comment by steamerlane on Dec 30, 2024 9:44am
"Who would buy 54,000,000 shares of a company, unless they knew it possessed something special or something they wanted"? That is a good question, I think this raises more questions.
Comment by FobiLOL on Dec 30, 2024 10:01am
It's a lifeline by someone inside. Like I said, if you can't at least make your payroll or even pay staff's CRA contributions after 8 years in business, no one wants to pay for your products! My guess is that staff don't get paid and most of the money goes to Rob and Gavin! Imagine paying yourself a $300k salary when you can't pay your staff. Scammer Rob sounds like a stand up ...more