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I agree with you Alexulf
$$$AITX$$$
“This is part of our inevitable evolution, backed by years of hardware and software development by RAD and RAD-G,” said Steve Reinharz, CEO of AITX. “RAD-G’s RADPack could possibly save blue light towers from extinction. Adopting RADPack into a blue light tower could significantly extend the product’s lifecycle by infusing it with advanced AI analytics, threat detection, autonomous response and more.”
Nice news from AITX to start off the week with the company expanding its marketing scope into another new business field. This move again illustrates the wide ranging applications for upcoming automation technology.
AITX's Subsidiary, Robotic Assistance Devices Group (RAD-G), Announces Solutions for Emergency Phone Tower Manufactures
Blue Light Tower Manufacturers Now Have Access to RAD's Award-Winning AI Analytics and Software Solutions
Detroit, Michigan, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), along with its wholly owned subsidiary, Robotic Assistance Devices, Group (RAD-G) today announced that RADPack(TM) is now available to manufacturers of emergency phone towers (aka blue light towers) to explore the groundbreaking potential of RAD-G's advanced technology.
By integrating RADPack into emergency phone towers, manufacturers can catapult them into the future of public safety infrastructure. RADPack empowers these existing towers with cutting-edge AI analytics capabilities, including human and vehicle detection, as well as firearm detection - innovations poised to revolutionize the very concept of emergency response systems.
"This is part of our inevitable evolution, backed by years of hardware and software development by RAD and RAD-G," said Steve Reinharz, CEO of AITX. "RAD-G's RADPack could possibly save blue light towers from extinction. Adopting RADPack into a blue light tower could significantly extend the product's lifecycle by infusing it with advanced AI analytics, threat detection, autonomous response and more."
The advantages of adopting RAD-G's RADPack are many. Not only will it breathe new life into aging emergency phone towers, potentially extending their useful life by decades, but it will also open up unprecedented revenue and profit opportunities for manufacturers. Enhanced by AI-driven analytics, these towers become more than just emergency call stations; they evolve into intelligent, proactive safety hubs capable of rapid response and real-time threat detection. As colleges, hospitals, and corporate campuses strive for safer environments, embracing RAD-G's RADPack can position tower manufacturers at the forefront of innovation, meeting the evolving needs of a security-conscious world while delivering tangible returns on investment.
"While at GSX this week I have meetings with emergency tower manufacturers where I introduce them to RADPack. This opens up many new opportunities for us," Reinharz concluded.
The award-winning RAD Light My Way(TM) from AITX's primary subsidiary Robotic Assistance Devices, Inc. (RAD) is compatible with RADPack for emergency phone towers. This integrated mobile app and hardware solution empowers students and employees by placing the control of their safety firmly in their own hands. With RAD Light My Way, users gain instant access to emergency services, real-time threat detection, and the ability to summon assistance swiftly through nearby RADPack-enabled emergency phone towers. This comprehensive safety ecosystem offers peace of mind to students and employees, ensuring they are not alone in their moments of vulnerability and that help is always just a touch away. Together, RAD Light My Way and RADPack redefine safety as a collaborative effort, creating a brighter, more secure future for all.
Robotic Assistance Devices Group (RAD-G) is a high-tech start-up that produces and delivers component-level artificial intelligence-based solutions that empower organizations to offer enhanced solutions based on proven technology, with a quick time-to-market. RAD-G has developed its advanced technology from the ground up including circuit board design, and base code development.
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 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 http://www.aitx.ai, http://www.radsecurity.com,http://www.stevereinharz.com, http://www.radgroup.ai, http://www.raddog.ai, and http://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
NEWS: $AITX's Subsidiary, Robotic Assistance Devices Group (RAD-G), Announces Solutions for Emergency Phone Tower Manufacturers https://finance.yahoo.com/news/aitxs-subsidiary-robotic-assistance-devices-124000824.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
Steve’s AITX Weekend Update – September 9, 2023 https://aitx.ai/steves-aitx-weekend-update-september-9-2023/
Another-Disturbing CeoSteveReinharz Discord post IMO
I'm assuming Ceo Steve Reinharz is talking about the GHS Investments toxic financing deal. If the GHS Investment LLC is a friend of Ceo Steve Reinharz, is he receiving any kind of kickbacks from this toxic financing deal? Why would Steve Reinharz sign off on a deal to let GHS Investments LLC purchase AITX shares at $0.00001 per share? IMO this deal seems very suspect. Why wouldn't Steve Reinharz given the amount of losses and dilution shareholders have already experienced not pursue NON Dillutive financing?
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And then there is this information that Steve Reinharz gave the Securities Exchange via a For S-1/A on page 9
https://www.otcmarkets.com/filing/html?id=16798698&guid=dQg-kqs6zY0sB3h
Due to his ownership of Series E Preferred Stock, our Chief Executive Officer has voting rights equal to 66-2/3% of the voting rights held by all of our outstanding capital stock, giving him substantial control over our business and affairs and creating actual or potential conflicts of interests between his interests and the interests of the shareholders.
Our Chief Executive Officer holds 3,350,000 shares of Series E Preferred Stock. Because the Series E Preferred Stock has voting rights equal to 66-2/3% of the voting rights held by all of our outstanding capital stock, he has voting control over any matter to be voted upon by the shareholders of the Company, allowing him to exercise substantial control over our business and affairs. Moreover, his ownership of the Series E Preferred Stock creates the potential for conflicts of interest between his interests and the interests of the shareholders holding junior shares, including those holding common shares.
You may experience future dilution as a result of this offering or future equity offerings.
We are registering for resale 1,250,000,000 shares that we may sell to GHS under the Purchase Agreement, which GHS may sell in the open market or in private transactions. Sales of our common stock shares under the Purchase Agreement may cause the material declines in the trading price of our common stock.
The Selling Stockholder will pay less than the then-prevailing market price for our common stock.
The common stock to be issued to Selling Stockholder GHS pursuant to the Equity Financing Agreement (“EFA” ) will be purchased at a discount to the closing price of the shares of our common stock during the applicable pricing period. The Selling Stockholder has a financial incentive to sell our common stock immediately upon receiving the shares to realize the profit equal to the difference between the discounted price and the market price. If GHS sells the shares, the price of our common stock could decrease. If our stock price decreases, GHS may have a further incentive to sell the shares of our common stock that it holds. These sales may have a further impact on our stock price.
We may use the net proceeds from sales of our common stock to GHS pursuant to the EFA in ways with which you may disagree.
We intend to use the net proceeds from sales of our common stock to GHS pursuant to the EFA for working capital and general corporate purposes. As of the date of this prospectus, we cannot specify with certainty all of the particular uses of the proceeds from sales of common stock to GHS pursuant to the EFA. Accordingly, we will have significant discretion in the use of the net proceeds of sales of common stock to GHS pursuant to the EFA. It is possible that we may allocate the proceeds differently than investors in this offering desire or that we will fail to maximize our return on these proceeds. We may, subsequent to this offering, modify our intended use of the proceeds from sales of common stock to GHS pursuant to the EFA to pursue strategic opportunities that may arise, such as potential acquisition opportunities. You will be relying on the judgment of our management with regard to the use of the net proceeds from the sales of common stock to GHS pursuant to the EFA, and you will not have the opportunity, as part of your investment decision, to assess whether the proceeds are being used appropriately. Any failure to apply the proceeds from sales of common stock to GHS pursuant to the EFA effectively could have a material adverse effect on our business and cause a decline in the market price of our common stock.
Let's see a run this week
CeoSteveReinharz's very disturbing Discord response
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He just raised the Authorized Shares yet again. Now it will be 10 Billion Shares. The share price at .0042 on 9/8/2023.The current outstanding shares are 7,039,806,793 Billion shares https://www.otcmarkets.com/stock/AITX/security
So now concerned persons are being told to keep quiet by Ceo Steve Reinharz?
BlazingStocks, another shiny Penny PR??
“Our clients expect and deserve the best security technology available, today RAD is that technology,” said Tony Ramirez, Co-Founder & Chief Security Officer at JPT Group. “We’re excited to partner with an industry leader like RAD that is both an innovator and market disruptor. I expect that our clients will quickly embrace RAD’s solutions.”
$AITX
$AITX Artificial Intelligence Technology Solutions (OTCMKTS:AITX); Record-Setting Sales Puts AI Enhanced Security Robotics Maker on Track for $10 Million to $12 Million in Annual Revenue: (Stock Symbol: AITX) https://einpresswire.com/article/654193947/record-setting-sales-ai-enhanced-security-robotics-maker-on-track-for-10-12-million-in-revenue-stock-symbol-aitx
@AITXRAD
$AITX WEEKLY NEWS/UPDATE – September 8, 2023
https://aitx.ai/aitx-weekly-september-8-2023/
