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Dilute reverse split repeat. Stevie way
AITX’s RAD Receives Order for 6 RIO Units from Recently Signed Dealer
Deployments Slated for Decommissioned Schools in California
Detroit, Michigan, July 02, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), has received an order for six RIO™ units from a recently signed dealer. This order will see the deployment of RAD's advanced, solar-powered security trailers at two decommissioned schools in California, enhancing security and monitoring of these premises.
The six RIO units will provide continuous surveillance and autonomous response capabilities, ensuring the decommissioned schools remain secure from unauthorized access and other potential threats.
Over the past decade, the U.S. has seen a consistent trend of school closures, with approximately 755 schools closing annually between the 2010-11 and 2021-22 school years1. Major cities like Philadelphia have experienced significant closures, planning to shutter 15% of its district-run schools in a single year2. These closures leave behind decommissioned buildings that pose security challenges and negatively impact surrounding communities. Deploying RAD's RIO units in such environments demonstrates the practical application of advanced security technologies to effectively address these issues?.
Mark Folmer, CPP, PSP, FSyI, President of RAD, remarked, “Decommissioned schools and other abandoned properties present a specific set of security and safety concerns, and our RIO units are uniquely equipped to handle these issues with their autonomous response capabilities and real-time threat detection. We're excited to see this new dealer utilizing our technology to maintain safety and security in these environments.”
Sitting atop a standard RIO configuration are dual ROSA™ units. ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be installed and activated in about 15 minutes. ROSA’s AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD’s software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA’s high-resolution, full-color, always-on cameras. RAD has published six Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at retail centers, hospital campuses, multi-family communities, car rental locations and construction sites across the country.
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry’s existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX’s RAD, RAD-M, RAD-R, and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, www.radsecurity.com, www.stevereinharz.com, www.radgroup.ai, www.raddog.ai, and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the “Company”). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.
###
Steve Reinharz
949-636-7060
@SteveReinharz
AITX - AITX's RAD Receives Order for 6 RIO Units from Recently Signed Dealer
THE PERFECT STORM, THE SETUP EXPLAINED
And a few other reasons. LOL
10 Billion shares are currently being held at the DTC and tradable among the public is why it's hard to move it North: https://www.otcmarkets.com/stock/AITX/security
02opida, more AITX Nonsense?? Still SubPenny
AITX Looks like a push off strong support is just underway..all eyes on a test of the 50 day MA at .0056 now
Alexulf, more purely Deceptive AITX Bullshit
This is Pure intentionally and Malicious AITX deception that sounds like it was directed by Ceo Steve Reinharz himself IMO
CeoSteveReinharz to Dump 2 Billion more Shares
Currently there are 10,947,066,422 Billion shares outstanding https://www.otcmarkets.com/stock/AITX/security
I wonder how AITX Advisory Board member Mivil Deschenes will try and spin this
https://www.otcmarkets.com/filing/html?id=17612231&guid=E_O-kHm8pzdfJth
SUBJECT TO COMPLETION, DATED JUNE 11. 2024
PROSPECTUS
$20,000,000
ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.
2,000,000,000 Common Stock Shares
Artificial Intelligence Technology Solutions Inc., a Nevada corporation (“AITX” or the “Company”), may offer and sell securities at fixed prices from time to time in one or more offerings of up to $20,000,000 as the aggregate offering price. This prospectus describes the general terms of these securities and the general manner in which these securities will be offered. We will provide the specific terms of these securities in supplements to this prospectus. The prospectus supplements will also describe the specific manner in which these securities will be offered and may also supplement, update or amend information contained or incorporated by reference in this prospectus. You should carefully read this prospectus, the related prospectus supplement and any related free writing prospectus, as well as the documents incorporated by reference herein and therein, carefully before you invest.
We may offer these securities in amounts, at prices and on terms determined at the time of offering. The securities may be sold directly to you, through agents, or through underwriters and dealers. If agents, underwriters or dealers are used to sell the securities, we will name them and describe their compensation in a prospectus supplement.
Our common stock is currently quoted on the OTC Markets Pink under the symbol “AITX.” On June 10, 2024, the closing price of the common stock as reported was $0.0057 per share.
AITX Looks like a push off strong support is just underway..all eyes on a test of the 50 day MA at .0056 now
Thanks for the update Alexulf
$AITX
$AITX Looks like a push off strong support is just underway..all eyes on a test of the 50 day MA at .0056 now… pic.twitter.com/6F4RPIuCKR
— Chris from Massachusetts AKA TommyboyTrader (@autumnsdad1) June 29, 2024
$AITX CEO Steve Reinharz' Weekend Update - June 29, 2024
they are going to buy back 4.5 Billion shares
That is laughable (for someone on ST to say they are going to buy back 4.5 Billion shares) as they would need 20 plus million dollars to buy them back and they do not have two stick to rub together.
Lets stick to the facts to help newbies make their own decision.
They need constant dilution to pay the bills. FACT!
One of the guys on stocktwits had that
It's AITX and there is NO WAY they could buy back shares when they constantly need to SELL SHARES to stay open.
You said
AITG to buy back 4.5 billion shares
AITG to buy back 4.5 billion shares
10,947,066,422 common shares and not one is owned by the CEO.
The CEO owns 74% of the company in preferred shares. FACT
The 10 billion are the other 26% of the company. FACT
Which is HORRIBLE for shareholders. IMHO
It looks like the issuance of preferred shares for insiders. Some might consider this dilution, but it probably only is when those preferred shares are sold as they will then lose their preferred status. Correct me if I'm wrong.
As of the time of writing, the stock price is down from a high of .0099 (from the last PUMP) and has created a bunch of new bag holders.
The company has 83 dealers and they DO NOT SELL 1 DEVICE EACH per month.
That many dealers and next to no device sales from the dealers.
Weird, no?
Do your own DD and never believe me, a penny stock CEO or a member of the AITX Board of Advisors.
As of the time of writing, we have 0,043. This is also the third and last resistence.
Majority of indicators is GREEN, check the chart and do your research;
https://www.barchart.com/stocks/quotes/AITX/opinion
LOLOLOLOL
Everyone doesn't LOVE SCAMS you blooming idiot.
Then why are you even here, do you make money warning people ? do you own shares ? why are you even here if it's such a waist of time . just don't get it, oh wait , you want the share price to come down so you can buy lower.... ok ic
i highly doubt that ! FBI , comeing down on a penny stock, not happening , you should rebuy your shares and make some money when it goes to .05 this year , every ceo makes big bucks , did you get fired from this company or what?
thanks for the shares, grabbed almost a million!!!
SOLD MY POSITION TODAY. THANK GOD I GOT OUT EVEN
SEC AND FBI COMING DOWN ON STEVE AND HIS OPERATION
Highly promoted fraudulent piece of absolute shit right here ...
Nail his con artist ass, please.
Can someone please summarize the company filing from yesterday ! I can't it to open on my computer
SELL BEFORE THE Dec DUMP and Jan 2025 reverse split.
Don't believe me, read where Steve said he won't reverse split before January 2025.
BUY BEFORE AUGUST 1000% PUMP! (New video today)
It`s your opinion, no more and no less. I disagree and time will tell who will be right.
At the end of the day, the market decide the SP.
This one is posted a few hours ago - BUY BEFORE AUGUST 1000% PUMP!
NO opida. NEVER.
NVDA AITX partnership
AITX NEVER BUY STEVE THE CEO IS A THIEF.
EXPANSION, REVENUE GROTH, ALL LIES. FBI COMING FOR YOU STEVIE AND I WILL MAKE SURE IT HAPPENS.
AITX NEEDS A NEW CEO WHEN STEVIE GOES TO PRISON. THIS GUY PICKED A WAR WITH ME, NOW HE AND HIS COMPANY AND FREEDOM ARE DONE FOREVER
I Agree if NVDA is interested in AITX they would buy the Whole Company,
NVDA definitely doesn't need a partnership with AITX,IMO
BOILERMASTER pout his video up again on YOUTUBE that the CEO of the company had removed. It shows the company has so many shares to dump and the CEO took a bonus bigger that the company's value. CEO should be arrested for fraud.
they increased customers 20 percent, that means from 4 to 5. they have nothing going on here
AITX SUCKS, pure and simple. They are a joke and today you see fake .0043 paint jobs to make it seem like its steady but in fact is gar bage garbage garbage
of course not but I like the look of it
NVDA and AITX will NEVER form a partnership
You said "NVDA AITX partnership"
NVDA AITX partnership
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Moderators k9narc JustJack Huggy Bear Alexulf |
Steve Reinharz, founder of AITX came upon the concept of ‘Autonomous Remote Services (ARS)’ as the logical, certainly not natural, next phase in industrial evolution.
ARS represents a wholesale business transformation of the security and other industries presently bound with personnel. It’s a pure, 4th Industrial Revolution application of how we should be thinking about the best ways to deliver security, facility, concierge, and health screening services by engineering solutions from the ground up.
AITX’s wholly owned subsidiaries have created the new Autonomous Remote Services industry using custom designed robotics and artificial intelligence-based technology. These solutions empower organizations to improve efficiencies in high frequency workflow tasks, deploy needed technology in areas previously impossible, solve complex challenges, and do it all at costs significantly lower than legacy solutions.
“…the EQ philosophy extends to clients, investors, and other stakeholders. Technology solutions created by an EQ-empowered workforce will be thoughtful, performance-driven, deliver honestly against expectations, and deliver value based on merit – just like the team that developed it. “
“By creating a corporate culture driven by EQ strategy, you can feel confident that RAD’s tremendous team has all the direction, structure, support, and focus necessary to deliver on our mission. “
© 2022 All Rights Reserved, Artificial Intelligence Technology Solutions Inc.
As of September 27, 2023 • 9:31 AM ET
As of September 27, 2023 • 9:31 AM ET
03/23/2023 08:53 AM EDT | SeekingAlpha | AITX's Subsidiary Robotic Assistance Devices nabs GPO contract |
02/27/2023 08:58 AM EST | SeekingAlpha | AITX subsidiary Robotic Assistance Devices nabs 300+ device orders |
02/13/2023 05:54 AM EST | Invezz | 2 reasons why the AITX stock price has surged in 2023 |
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