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The S-1 is still not in effect yet. This was just an amendment (S-1/A). Until you see one of these pertaining to the S-1 filed March 26,2024 or this amendment, it's not happening yet.
EFFECT
https://www.otcmarkets.com/filing/html?id=17241305&guid=S0Q-kpnke462B3h
Not in effect until they file an EFFECT notice.
There is an uplist to Nasdaq clause.
Dilution at its best!
SUBJECT TO COMPLETION, DATED MAY 9, 2024
2,500,000,000 Shares of Common Stock
This prospectus relates to the sale by the Selling Stockholder, GHS Investments, LLC (“GHS”), of Artificial Intelligence Technology Solutions, Inc. (the “Company”) of up to 2,500,000,000) shares of common stock, par value $0.00001 per share. We will not receive proceeds from the sale of the shares by the Selling Stockholder. However, we may receive aggregate gross proceeds of up to $13.4 million from the sale of our common stock registered herein to the Selling Stockholder, pursuant to the March 22, 2023 Equity Financing Agreement entered into with GHS (the “Purchase Agreement”).
Strange coincidence, but 2 or 3 weeks ago I had a random thought about putting this technology in UAV's. Anxious to get more information about deal with Nightingale.
Hope it helps the stock price, but either way Steve needs to find a way to get out of the sub-penny sewer. No serious investor takes a company down here seriously. 1 cent shouldn't be a bar too high to surpass.
Doing a r/s would not be lying if they worded/said they had to do it to save the company from bankruptcy or some other save the company move,right???
Let`s go - we are on the right way; more orders and gaining revenue!
How many years has aitx been around? And this is the price? It's a turd diluting!
Facts aren't negative. I know Stevie MO and folks will lose here
You got to much negative energy
Future of dilution and offering yeah
Seems like Commend is a private company. Do you think this partnership announced today between Commend and AITX could be the beginnings of a merge?? Just a thought IMO.
Load N Hold 👍AITX$$$ is the future !
I think it's so nice of the MM to walk this back down for my next round of funds to clear tomorrow.
this thing is beautiful. after looking for .01-.012 today imo
Well said, it`s good to remind about these "protocols" - and the CEO are well aware of playing it safe and right. A part from this is, some reflections on the trading; Let`s see if we are about to enter, a less volatile phase? That do not exclude
a good run now and then with shorter dips and consolidation
(when taking profits etc) - yet, a more predictable
steady climb is more likely in my view.
If you've been investing for 30 years, you also know when a company files an 8K, lying on that 8K brings heavy repercussions There will be no RS at least until January 2025.
AITX is the future for security & law enforcement!
21,8% gain, we have still momentum on our side - and with a increasing order list, it looks promising to reach profitability according to the plan.
8k reducing pricing of units ---
AITX’s RAD Passes Production Savings onto Customers with Updated Pricing for RIO™ Solar-Powered Security Towers
Pricing Move Expected to Further Accelerate RAD’s Penetration in the Mobile Surveillance Unit (MSU)
Marketplace
Detroit, Michigan, May 6, 2024 – Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), proudly announces price reductions for two of its flagship products: RIO™ 360 and RIO 180. Effective immediately, customers will enjoy a 12% reduction on RIO 360 and a 14% reduction on RIO 180.
These price reductions are facilitated by RAD’s continuous enhancements in supply chain management, production processes, and the strategic shift to the innovative RAD Generation 4 design which is expected to result in substantial cost savings over the next several months. By passing these savings onto customers, RAD reinforces its commitment to becoming one of the largest suppliers of towers, complete with RAD technology, in this fast-growing market segment.
“This new RIO pricing not only reflects our dedication to quality and innovation but also aligns with our aggressive goals for expanding our presence in the mobile surveillance unit (MSU) marketplace,” stated Steve Reinharz, CEO / CTO of AITX and RAD. “We are poised to meet the growing demand for advanced, cost-effective security solutions across various sectors.”
On February 27, 2024, the Company announced a substantial production run of 1000 RIO units, reflecting strong market demand and confidence in the technological advancements its solutions. Today’s announcement to reduce the prices of the RIO models is strategically aligned with this production increase. By setting more competitive pricing, RAD aims to expand market demand further and ensure that these advanced surveillance units are accessible to a broader range of customers and industries. This move is anticipated to support the large-scale production run by significantly boosting sales and reinforcing RAD’s position in the highly competitive MSU market.
The RIO 360 and RIO 180 are integral components of RAD’s respected line of autonomous intelligent response systems, equipped with cutting-edge AI capabilities to efficiently detect and respond to security threats, ensuring comprehensive coverage with minimal human oversight.
Sitting atop a standard RIO 360 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 five Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at 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. As such, there are no assurances that the Company will meet its expectations with respect to its future sales volume, becoming cash flow positive, ARR or RMR. 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 STOCK FUTURE - INTERVIEW UPDATE, SELL OFF, BOTTOMS, RATIOS AND MORE
I got my decimal point wrong, thats .005 to .008, just to clarify
well I warned, strongly, take some profits, I hope people did. I'll try and trade it in a range of 5 - 8 cents IF we get that, and buy back more under 5 cents. We need time for things to settle down and we can take advantage of that time and add some liquidity which, I know it feels like we dont need it, but wait a week, the volume could plummet back to 50 mill daily, trust me, where the price goes, I have no idea but am prepared for all scenarios.
New Outstanding Shares 11.2 Billion??
Outstanding Shares
9,943,917,383 currently I'm thinking the new total will be over 11 Billion shares
Didn't really see anyone pumping 🤔 I'm here for the long haul AITX$$
Agreed ,,just like every stinky pinky does, and then go and do a reverse split and say they’re building shareholder value
More Exhibits for the Securities Exchange IMO
This will crash hard birthing a new group of bagholders....
Looking good this morning on a Friday! AITX$ is the future for law enforcement 👍
Love the fast money makers. Will this defy the chart gods and take a break with RSI/Fast-Slow Stoch topped?
Looking to re-enter lower but still have 30% position. Cheers people. Hope all have been good.
56% yesterday, we keep moving in the right direction :)
nobody said its not the real deal, but actually I take that back, there are a number of people that call it a scam, but it is the real deal, so is Apple, so is IBM, does that mean that they are good investments at X price? If you are long term, then fine, if you are short term, then fine, if you are somewhere in between then fine, theres something for everyone here.
You see you guys use the words play the game, but I'm here investing into a real company, to me this is not a game😏 but the real deal. But hey everyone is entitled to their opinions 👍 good luck board AITX$
thanks I am playing the game, and at a penny I just cant rationalize a 100 million dollar company, 50 mill I can live with but over a 100, its too much for right now. If it didnt have the debt that would be something else. In my opinion. I look for oversold companies but when something becomes par value or greater then the risk goes up.
I'm sure updated numbers will have an effect on the pps.
I wish those playing the game, good luck.
Probably true, but regardless the price is running too far in too short of a period of time, these runs are rarely sustainable regardless of the reasons good bad or indifferent.
It's running in part to the stop in dilution.
The dilution stopped when they came close to running out of shares to sell.
The AS will be raised soon to 12.5 billion, and steve will continue to dilute.
Bro your so desperate but it's ok and good luck
AITX$$
you have to be kidding me make the board scared, really? I've been on this board for 6 years, I know what I am talking about and have issued warning on spikes many times. This can go back down to .005, .004 or .003 just as easily as it arrived here. Risk has increased, sure it can go up I am very well aware of that, and if it does, then great, but it can also go down and you have to consider the valuation of the company. Nothing has changed in the past couple of weeks, the company is doing no better or worse than then, and I would argue strongly that it was undervalued and is simply playing catch-up and can easily become over-valued due to the # of shares outstanding.
Hey if you think you missed out because I see your trying to make the board scared. Don't worry just buy and you will be happy later😉
the time to add was weeks ago when it was trading in the .0025s you could have had all the shares you wanted. The price risk is much higher now. News comes out almost daily and has very little effect on the price.
I'm adding, your crazy to sell now! Real company at these prices and the price didn't drop on news!! This is not your average penny shell scheme. This is a real company growing with the market. Good luck board $$
dont be stupid, make sure you take profits no matter how much you believe in the company all thats good, but make sure you take some profits, were approaching 80 million dollar company, its all good, just make sure and take profits.
It's only going to get better! AITX$$
What a nice day! 😃
HOD 0.0078
$AITX
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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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