Artificial Intelligence Technology Solutions Inc (AITX)

[Penny chatter]

Facts are terrible

[k9narc]

Atta boy. You told him.......

[StocksNcash]

Your now annoying and blocked

[Penny chatter]

As us 12.5 billion. This turd is bloated






 

ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.

 

March 26, 2024

 

Dear Stockholder:

 

This Information Statement is being furnished to holders of shares of common stock, par value $0.00001 per share (the “Common Stock”), of Artificial Intelligence Technology Solutions Inc. (the “Company”) with respect to the following item (the “Corporate Action”):

 

1. The approval of a Certificate of Amendment to the Company’s Articles of Incorporation to increase its authorized common stock by two billion five hundred million (2,500,000,000) shares, from ten billion (10,000,000,000) total authorized common stock shares to a total of twelve billion five hundred million (12,500,000,000) common stock shares The Certificate of Amendment will not be filed until at least 20 days after we file the Definitive Information Statement with the Securities and Exchange Commission and deliver the Definitive Information Statement to our shareholders of record.

 

This Information Statement is being furnished to holders of shares of common stock, par value $0.00001 per share (the “Common Stock”), of the Company with respect to the following items (the “Corporate Action”):

 

1. The approval of a Certificate of Amendment to the Company’s Articles of Incorporation to increase its authorized common stock by two billion five hundred million (2,500,000,000) common stock shares to a total of twelve billion five hundred million common stock shares (12,500,000,000). The Certificate of Amendment will not be filed until at least 20 days after we file the Information Statement with the Securities and Exchange Commission and deliver the Definitive Information Statement to our shareholders of record.

 

The Corporate Action items was approved by consent shareholder vote holding a majority of our voting power on March 12, 2024 by written consent in lieu of an annual meeting of shareholders.

 

This Information Statement describes the purpose and provisions of the Corporate Action and provides additional information about the Corporation.

 

[StocksNcash]

https://aitx.ai/ $$$$$

[Penny chatter]

It's a turd. Always have and always will

[StocksNcash]

Ok take care and good luck what ever your reason is hear for ......

[Penny chatter]

There will never be any enjoyment here. Rs after rs

[StocksNcash]

I'm new here so I'm learning more about the company, I'm ok with some dilution. That's why the company went public to gather money. The price of this ticket is way to cheap to pass up! Sub penny real company at these prices!!! I'll just hold hoping for some big gains$$ good luck to the board

[Penny chatter]

If you know Stevie you know Stevie

[k9narc]

He diluted 2.8 million in the last 8 months. Average dilution of about 350m a month.

They are raising the AS to 12.5 Billion.

That leaves him 2.55 billion available to dilute.

At his current pace, shares run out in 7 to 8 months.

I believe he will keep the commitment of no reverse before Jan 1st 2025, but Jan 2nd will be a brand new story.

Good luck

[StocksNcash]

Sure stay have fun with yourself 😁

[Penny chatter]

Steve is king for sure

[Penny chatter]

You do that ln this 9 bill os 10 billion as. This guy has an History of Rs and history tells me the next one is around the corner

[Penny chatter]

You know that's an invite to stay. This is a turd and always gave been so next rs shouldn't be far

[StocksNcash]

Bro then just leave hahaha

[Penny chatter]

10 billion authorized 9bill outstanding on this turd

Symbol Change04/23/2020AITXSymbol change from AITXD to AITXSymbol Change03/27/2020AITXpymbol change from AITX to AITXDSymbol Change09/21/2018AITXSymbol change from OMVSD to AITX

Displaying 3 of 3 Actions

Dividends & Splits

Dividends

Splits

SPTDATE

SPTTYPE

SPTRAT

RECDATE

PAYDATE

03/27/2020Reverse1:10000—03/27/2020shs decreased by 1 for 10000 split08/24/2018Reverse1:100——03/05/2015Reverse1:500——

Displaying 3 of 3 splits

[StocksNcash]

https://aitx.ai/artificial-intelligence-technology-solutions-extends-commitment-of-no-reverse-stock-split/

I'm still going to buy and hold here! $$$

[StocksNcash]

Please post the RS show us

[Penny chatter]

It's a free board no? Anyone bulking here has to be a paid promoter imo

[Penny chatter]

The reverse split history is there for everyone to see. Always do your own research on Stevie and this Clown show

[StocksNcash]

Why don't you check it and kindly post it for us

[StocksNcash]

Why are you here 🤔

[StocksNcash]

Where did you hear that ?

[Alexulf]

AITX STOCK 2ND PUMP MONDAY? New Video, new speculations guys.

[Penny chatter]

Stevie has been at it for years

[Penny chatter]

Promising to reverse split

[02opida]

G Morning & feels good to be right again AITX'ers

[Alexulf]

$AITX CEO Steve Reinharz' Weekend Update - April 20, 2024

[PennyStockTrader2]

Maybe you should take the time and listen to one of the weekly updates and make your determination:

https://aitx.ai/steves-aitx-weekend-update-april-20-2024/

Highlights:

50 - 60 RIOs to follow the successful completion of the pilot with healthcare company (see press release) - incredible
never had more double-triple digit unit proposals in the funnel than we have right now - biggest bank for buck
sticking with target of $700K Re-occurring monthly revenue projection ($8.4 million / year) forecast last November - which is blow-away in my opinion
substantial volume increase of the stock - new watchers

Checklist that the CEO looks for in progress:

- innovation solution that makes a difference - we are leading the way - and taking it further what we're working on right now could take us into the 4th industrial revolution (i.e. intelligent autonomous vehicles)
- patents - working on our first ones - things that go into RAD-R and RAD Inc.
- who are we selling to - lots of Fortune 500 companies
- customers re-ordering ? - overwhelming re-ordering
- focused on continuous improvement - spend a lot of time on that
- stable productive team - absolutely, willful attrition on own volition is incredibly low
- how often do we turn staff - RARELY, we keep them happy
- team members into the company are they, passionate? - so many examples of this with contributions - example spontaneous couple sneakerheads on the team at the show this week and by end of the show 5 members showing team spirit buying the same ones - team spirit yes !
- company involved in pop culture - near the front - involved in Movies and TV, Stars on Mars, John Travolta movie, lots of scenes with our products
- media coverage - local coverage, continuing to work on that
- us investors - twitter, youtube, engagement, going after FUD (fear uncertainty and doubt)

He cant condition the market per SEC rules so the good news often comes after the fact.

I personally think we see staggering growth over the next few years, and the stock price will follow.

[Huggy Bear]

AITX is the reigning king of dilution and non disclosing promotion.

[Huggy Bear]

That's the business plan all right.

Sell billions of shares. Reverse split. Start all over with a new crew of non disclosing promoters.

[Stockman1010101]

its plain and simple if they have the revenue the share price would not be $0.0038. The currennt AITX price is a joke just like this company.
EOM.

[StocksNcash]

This company is very promising, buy and hold$$$$$

[StocksNcash]

https://aitx.ai/

[PennyStockTrader2]

theyre not BS PRs as you call them, yeah they put a lot of stuff out, I have never seen a company communicate better with shareholders than this company.

[Stockman1010101]

Its like saying to your family, hey why are you spending money on all this food, you dont need to eat, but I see you are surviving and in the case of the kids, actually growing.

Agree you need money to run a business and to live as a person in order to buy food. Neither of which this company has done very well or at all.

Anyone can put out a Press Release on any BS topic they want. Even incarcerated criminals can do it from prison. So that proves nothing that they have a viable business plan or product that is making money now or in the near future. After all is said and done, most businesses are in business to make money and not to put out BS PRs. Right, genius?
Unless they are in business to be a "Worthless stock selling scam".

[Stockman1010101]

Yes I did. The dilution and RS was so huge it only spells one thing to me. A stock selling SCAM. If they had revenue they would not need to sell so much shares in dilutions and follow through with massive Reverse Splits which is the kiss of death to shareholders and a blessing to shorts. This stock smells so bad I am ready to puke looking at its numbers. Such an amazing name Artificial Intelligence but yet this stock and its management has no intelligence because the management has to dilute and RS it so many times that spells to me Money Trouble with capitals MT. If you dont make the bucks stay out of the business is my motto. They dont even have any patents or anything to call their own. So why pirate all of the shareholders money selling them worthless stock that goes nowhere but down.

[Stockman1010101]

If this stock is so great with great business opportunitie why is it trading at 1/2 of a penny. Is that what this great company is worth 1/2 of one penny. Good I will give you 10 pennies for this useless piece of trash. The price of a stock represents the value of the company not 1 penny more. I guess you will be eating those pennies for dinner DB.

[Alexulf]

AITX STOCK KING OF OTC 300% RUN!? FINALLY!

[PennyStockTrader2]

where do you see the CEO taking millions. There was a one time payment he took which is fair for what he has done, but after that he's just like everyone else, show me where he's taking millions. Exactly the guy knows nothing.

[k9narc]

I'm sure the company is doing fine based on the fact they can pay the ceo millions while not turning a profit.
I'm betting he's spending much of that feeding his kids and watching them grow.

Yep.... someone knows nothing.

[PennyStockTrader2]

exactly silly him, he should have checked the gazillion press releases clearly outlining progress of an emerging company over the past few years, pretty impressive actually, and the SEC filings explaining the need for money and therefore the selling of shares and dilution, just like every other OTC emerging company no different, people think the company can run on fumes. Its like saying to your family, hey why are you spending money on all this food, you dont need to eat, but I see you are surviving and in the case of the kids, actually growing.

Just ignore him like I said he knows nothing.

[k9narc]

"its not a stock selling scam so shut up".....

You will have to excuse stockman's ignorance on the subject, but he does have the right to express his opinion, as you do.
My guess is he looked at the numbers below and come to that conclusion. Silly him.


OS number in context.

08/24/2018 Reverse 1:100
03/27/2020 Reverse 1:10000
AS increase or reverse split should occur in 2023 at current rate of dilution.
March 2023 AS announced to increase to 7 Billion

Mid April. 400k. ( following 10000:1 RS was 4 billion)
Mid May. 2.3 Million
Mid June 17.2 Million
Mid July 152 million (Restated 196 Million)
Mid August 446 million
End September 843 Million
October 1.504 Billion
November 1.889 Billion
December 2.326 Billion

Dilution stopped following a deal with the toxic dilutors

Feb 2021 OS has continued to rise, and is now 2.9 billion
Mar 2021 3.229 Billion
Apr 2021 3.545 Billion
May / June No Change
July 2021 3.853 Billion
Aug 2021 3.967 Billion
Sep 2021 4.03 Billion
Oct 2021 4.33 Billion
Nov 2021 4.38 Billion
Dec 2021 4.43 Billion

Jan 2022 4.63 Billion
Feb 2022 4.73 Billion
March 2022 - No Change
April 2022 4.83 Billion
May 2022 4.86 Billion
June 2022 4.94 Billion
July 2022 4.99 Billion AS raised to 6 Billion
Aug 2022 5.06 Billion
Sep 2022 5.08 Billion
Oct 2022 5.15 Billion
Nov 2022 5.27 Billion
Dev 2022 5.36 Billion
Jan 2023 5.50 Billion
Feb 2023 5.83 Billion
March 2023 5.89 Billion
Apr 26 2023 6 Billion
May 18 2023 6.05 Billion
May 31 2023 6.1 Billion
June 6 20236.2 Billion
June 23 2023 6.4 Billion
July 11 2023 6.5 Billion
July 28 2023 6.7 Billion
Aug 29 2023 7 Billion
Sept 12 2023 7.1 Billion AS raised to 10 Billion
Oct 10 2023 7.2 Billion
Oct 25 2023 7.4 Billion
Nov 11 2023 7.5 Billion
Nov 29 2023 7.7 Billion
Dec 13 2023 8.1 Billion
Dec 29 2023 8.3 Billion
Jan 18 2024 8.6 Billion
Feb 1 2024 8.9 Billion
Feb 16 2024 9.2 Billion
Mar 5 2024 9.505 Billion
Mar 19 2024 9.757 Billion
Apr 5 2024 9.949 Billion AS being raised to 12.5 billion

[PennyStockTrader2]

still peddling your nonsense to new potential investors I see, incredible.

i will debunk what you said right here and now. The CEO has put his life into this company and saved it from BK there is no Q about that. He has preferred shares that give him a huge ownership in the company. There is no reason for HIM to be buying shares, why add risk when you already have a huge huge stake (for free). As far as other company officers, hopefully they are buying, I havent looked that close in filings to see what their ownership is.

[PennyStockTrader2]

its not a stock selling scam so shut up and get the hell out of here, seriously, go away we dont need people like you polluting an opportunity that is very real with lots of huge corporations and Fortune 500s using there product. You're full of crap and have no idea what you are talking about.

On another note, I hope people were able to lock some profits in today and prepare to reload at lower prices (If we get them which I think we will)

[Huggy Bear]

Good idea.

[Stockman1010101]

Does not sound like a good stock to invest in and hold. I will stay the FK out of this stock selling scam.

[k9narc]

"Do they really have a viable, revenue generating product or technology?"..............

They seem to be increasing revenues, but they have zero patents on any product that I can find.

Is it viable?

It will keep going as long as they have shares to sell.
Any day now the AS will move up to 12 billion.
I expect the OS will jump over 10 billion within days of that happening.

Good luck.

[Stockman1010101]

If this stock really so hot and a leading AI company, according to its PRs?
Why are there 9 Billion outstanding shares and the price now is ($0.0047) so low?
Is this a stock selling scam on OTC. Like most OTC stocks?
Do they really have a viable, revenue generating product or technology?

Enquiring minds want to know.
Your honest opinion will be appreciated.
Thanks!