Artificial Intelligence Technology Solutions Inc (AITX)

[Penny chatter]

This turd still going. Pumped with a whole ton of nothing

[Alexulf]

Remember what I told u yesterday... if not, it was correct; the share price has reached it`s bottom and now started it`s journey upwards again. By the way today`s news;

"Steve takes us to the movies & more!" - check the news and get ready for next weeks trading.

Steve’s AITX Weekend Update – March 23, 2024 - AITX - Artificial Intelligence Technology Solutions; https://aitx.ai/steves-aitx-weekend-update-march-23-2024/

[Alexulf]

True 02opida, next week has a high probability of continue in the green. As for today, who knows? Fridays are usually more slow, still anything can happen any time - especially if a sence of FOMO comes to mind.

[02opida]

Great time to pickup is now AITX

[02opida]

THANKS for Sharing Alexulf

[Alexulf]

Next Tuesday! Webinar: Advanced Firearm Detection Technology

https://mailchi.mp/fa3ed41a8506/robotic-autonomous-security-systems-services-for-your-communities-and-properties-11541122?e=7eae867c17

[Alexulf]

Looking at a 6-month chart, it`s a similar situation now (same bottom low).

https://www.barchart.com/stocks/quotes/AITX/technical-chart?plot=BAR&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=0&sym=AITX&grid=1&height=500&studyheight=100

November 28 - November 30 it went up from same level as today - 300% during 3 days.

[k9narc]

Here we grow again.... 9,757,217,479

[Alexulf]

Yes, August can be a important milestone month. However, I expect the share price to raise earlier, possibly very soon. The reason is the chart, over time it has become a clear trading pattern. Yet, the big retail investors will strike BEFORE the profiability - to position themself well in advance.

[strawpatch]

My guess is that the stock continues a slow decline through August, when company hopes to be profitable.

Once that hits, I'd assume it starts to creep up as more profit is made each month.

Wish I had more $ to sink in, but I stopped buying a couple of years ago... now for me it is a waiting game.

Stock price and paper loss is PAINFUL, but it is fun to see AITX making progress. Much better company today than it was a few years ago.

[Alexulf]

New week and let`s hope for a good run!

[Alexulf]

$AITX CEO Steve Reinharz' Weekend Update - March 16, 2024

[Milesblue42]

Alexulf, is Mivil Deschenes getting paid in shares???

The chart don`t lie, bash, pump or get paid - or have multiple accounts; it`s simply show the present and the history of the stocks performance; https://www.barchart.com/stocks/quotes/AITX/interactive-chart given the current position I`m a believer of history will repeat it self again - a new run of 300% or more just as a few months ago.

Does AITX Advisory Board member Mivil Deschenes receive a cash salary or is he and other AITX Advisory Board members paid in shares??

[Milesblue42]

Alexulf, your Arguments sound like ridiculous distractions

Do you even know what Bashing is? How about you Debunk said Bashing, you CANNOT. Instead you post AITX arguments that sound eerily similar to the Ceo Steve Reinharz uses....interesting.

The chart don`t lie, bash, pump or get paid - or have multiple accounts; it`s simply show the present and the history of the stocks performance; https://www.barchart.com/stocks/quotes/AITX/interactive-chart given the current position I`m a believer of history will repeat it self again - a new run of 300% or more just as a few months ago.

Ceo Steve Reinharz is killing the share price IMO with share based Ceo Compensation, Toxic financing etc etc.

[Alexulf]

The chart don`t lie, bash, pump or get paid - or have multiple accounts; it`s simply show the present and the history of the stocks performance; https://www.barchart.com/stocks/quotes/AITX/interactive-chart given the current position I`m a believer of history will repeat it self again - a new run of 300% or more just as a few months ago.

[Milesblue42]

Alexulf, why Not mention Toxic Financing???

Very Odd that you failed something as important as the Toxic financing deal that Ceo Steve Reinharz did with GHS Investments LLC? Reach out to AITX Advisory Board member Mivil Deschenes, he knows. I'm thinking he would post that information but not sure he be Stupid enough to post here without disclosing the fact he is an AITX employee considering he is alleged to be a Certified Fraud Examiner?? 🤔

https://finance.yahoo.com/sec-filing/AITX/0001493152-24-004318_1498148

SUBJECT TO COMPLETION, DATED JANUARY 30, 2024



1,000,000,000 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 one billion (1,000,000,000) 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 $8.0 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”).



Our common stock is quoted on the OTC Pink under the symbol “AITX.” On January 29, 2024, the last reported sales price of our common stock on the OTC Pink was $0.0030 per share.



The Purchase Agreement provides that the Company may discretionarily sell to GHS up to $12,500,000 of shares (“Purchase Shares”) of the Company’s common stock upon our issuance of Purchase Notices to GHS (See “Purchase Agreement with GHS Investments, LLC” on page 1 of this prospectus for a description of the GHS Purchase Agreement). The Selling Stockholder will sell its Purchase Shares at prevailing market prices or in privately negotiated transactions, other details of the sales which are contained in the section titled “Plan of Distribution” on page 13.

SIGNATURES



Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized in Ferndale, Michigan on January 30, 2024.



Artificial Intelligence Technology Solutions, Inc.

By: /s/ Steven Reinharz
Steven Reinharz
Chief Executive Officer, Director (Principal Executive Officer)


Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates stated.



Signature Title Date

/s/ Steven Reinharz Chief Executive Officer/Director January 30, 2024
Steven Reinharz

[Milesblue42]

PennyStockTrader2, waiting for the Debunking......

All you do is talk in circles with the same old arguments that are false and baseless and debunked, I have to admit I havent ever seen anything like it.

Instead of yet another completely ridiculous AITX argument why didn't you actually provide proof to debunk what I'm saying based on information Ceo Steve Reinharz has sent the United States Government.

So you have seen the share price go down, debt go up, outstanding shares go up for the last year and more and you want distract away the actual Ceo Steve Reinharz who is making millions dumping billions of shares. Not sure AITX arguments can get any dumber than that. 😳

[Milesblue42]

PennyStockTrader2, letting SteveReinharz escape Accountability, gotcha 👌

All you do is talk in circles with the same old arguments that are false and baseless and debunked, I have to admit I havent ever seen anything like it.

This is one of the dumbest AITX arguments I heard hear. So apparently you want to see Steve Reinharz dilute this into the tripps or do a massive Reverse Split?

So prove that Steve Reinharz doesn't have 9,505,062,729 outstanding shares. https://www.otcmarkets.com/stock/AITX/security. YOU CAN'T

So prove that Institutional Investors have been buying AITX stock based on all the alleged good news Ceo Steve Reinharz has been talking about. https://www.nasdaq.com/market-activity/stocks/aitx/insider-activity. YOU CAN'T

Do you any intelligent AITX arguments that are directed towards to person making the decisions at AITX? Please provide some AITX arguments that make something resembling common sense.

[Milesblue42]

Alexulf, is Mivil Deschenes way too afraid??

Does Mivil Deschenes have guts to post here as a member of AITX?? 😄

[Milesblue42]

You sound like Whiny Steve Reinharz

All you do is talk in circles with the same old arguments that are false and baseless and debunked, I have to admit I havent ever seen anything like it.

So you are more appalled by what I post than the fact that Ceo Steve Reinharz is destroying the share price. Your arguments are extremely weak and very silly.

Prove what I am saying is wrong. You can't so you provide Whiny arguments.

It appears that you enjoy letting Steve Reinharz off the hook.

[PennyStockTrader2]

Fast forward to March 11, 2024

That wasnt "fast" it was a slow painful grind, no gain ... no pain.

[Alexulf]

The Company Confirms August 2024 Timeframe - AITX a leader in AI-driven security and productivity solutions, today reconfirmed its expected achievement of operational profitability by August 2024. This forecast aligns with the projections shared during the annual investor event in November 2023, signaling sustained momentum in the Company’s growth trajectory.

Steve Reinharz, CEO/CTO of AITX and wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD), shared his enthusiasm for the Company’s progress, stating, “We’re continuing to see a reduction in the need for additional funding to sustain our operations, thanks to our rapidly increasing revenues. Achieving operational profitability by August 2024, if achieved, would be a point where our operations can be self-sustained without external financing which is not just a goal but would be a significant milestone for us.”

In the first month of the last fiscal year, March 2023, AITX reported revenues of $61,790. Fast forward to March 11, 2024, and the Company has billed in excess of $349,000 for the month (but not collected), marking an impressive 465% increase. This substantial growth in revenue, coupled with a mere 67% increase in the authorized share count over the same period, demonstrates effective use of capital and significant Company progress.

Reinharz added, “The continuous increase in our monthly revenue is a clear indicator of our momentum. We’re on track to have deployed over $500K worth of recurring monthly revenue by the end of April 2024, as we focus on completing the build-out and deployment of our existing backlog.”

It is important to note that deployed units typically commence billing within 30 days from installation, as this timeframe allows RAD to fully configure the units and obtain end-user acceptance and sign-off. This process is crucial to ensuring that each deployment meets the high standards of quality and effectiveness that RAD’s clients expect.

To support the completion of older backlog production, AITX has utilized $350,000 in inventory-secured debt from its previously announced $2 million line of credit. This strategic move is aimed at acquiring the necessary raw materials to meet production demands and continue the Company’s upward trajectory.

In conjunction with its strategic financial planning and in anticipation of achieving operational profitability, AITX has made the decision to increase its authorized share count from 10 billion to 12.5 billion. This proactive measure is designed to ensure the Company has the necessary flexibility to support its continued growth, fund operational needs, and optimize its capital structure in line with its ambitious business objectives. The decision to adjust the share count reflects AITX’s commitment to maintaining a robust financial foundation while pursuing opportunities that enhance shareholder value and accelerate the Company’s path to potential profitability.

Reinharz elaborated on this strategic decision, stating, “Increasing our authorized share count is a calculated step towards achieving profitability and more. Ultimately, we believe it’s a bargain to trade the potential of an additional 25% shares with growth that we have already proven we can achieve – now it’s about growing the momentum even further.”

[PennyStockTrader2]

All you do is talk in circles with the same old arguments that are false and baseless and debunked, I have to admit I havent ever seen anything like it.

[trainer2]

This new solar business with the oil and gas industry sounds good to me. Lots of potential with a big industry.

[Milesblue42]

Is SteveReinharz guilty of of Malicious intent?

Deliberately Misleading Investors $aitx
pic.twitter.com/f5CFhKS1GV

— Mr.X Poll (@MrXPoll) March 8, 2024

Has Ceo Steve Reinharz FLAT OUT LIED to AITX Investors??

https://www.marketwatch.com/press-release/aitx-s-rad-updates-profitability-and-financing-outlook-3a90acd1?mod=mw_quote_news_seemore

In conjunction with its strategic financial planning and in anticipation of achieving operational profitability, AITX has made the decision to increase its authorized share count from 10 billion to 12.5 billion. This proactive measure is designed to ensure the Company has the necessary flexibility to support its continued growth, fund operational needs, and optimize its capital structure in line with its ambitious business objectives. The decision to adjust the share count reflects AITX's commitment to maintaining a robust financial foundation while pursuing opportunities that enhance shareholder value and accelerate the Company's path to potential profitability.

Reinharz elaborated on this strategic decision, stating, "Increasing our authorized share count is a calculated step towards achieving profitability and more. Ultimately, we believe it's a bargain to trade the potential of an additional 25% shares with growth that we have already proven we can achieve -- now it's about growing the momentum even further."

[Milesblue42]

Alexulf, Ceo SteveReinharz increasing AuthorizedShares to 12,500,000,000 shares


Ceo Steve Reinharz said this before....

Deliberately Misleading Investors $aitx
pic.twitter.com/f5CFhKS1GV

— Mr.X Poll (@MrXPoll) March 8, 2024

But yet he told the United States Securities Exchange that he was going to increase the Authorized Shares....again


https://www.otcmarkets.com/filing/html?id=17362171&guid=Dfd-kFDAvdj4B3h

ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.



March 12, 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.

[Huggy Bear]

Alexulf, how many more shares were diluted today?

[Milesblue42]

Alexulf, a RED FLAG WARNING?? 494,937,271 shares left???

Ceo Steve Reinharz has 9,505,062,729 outstanding shares and his max is 10 Billion Authorized shares. Ceo Steve Reinharz appears to have 494,937,271 shares left. What are the options? Will Steve Reinharz raise his Authorized Shares again? 15 Billion, 20 Billion shares? Or do a massive Reverse Split??

Is this a Major RED Flag Warning??

[Milesblue42]

Alexulf, will a SteveReinharz's ReverseSplit DESTROY Investors??

Interesting you NEVER mention the continued Steve Reinharz dilution that has destroyed the share price.

Will Steve Reinharz have to do a massive Reverse Split? The clock is ticking, Ceo Steve Reinharz is running out of shares with 9,505,062,729 outstanding shares and 10 Billion Authorized. If Steve Reinharz ends up doing a Reverse Split will this WIPE out retail investors??

[Milesblue42]

Alexulf, why did SteveReinharz dump 9,505,062,729 shares??



https://www.otcmarkets.com/stock/AITX/security

[Milesblue42]

Could the Securities Exchange charge Mivil Deschenes??

Could AITX Advisory Board member Mivil Deschenes and other AITX insiders possibly be charged by the United States Securities Exchange Commission for Securities fraud??





https://aitx.ai/mivil-deschenes/



https://www.sec.gov/news/press-release/2023-234

Accountability and Remedial Measures Against Individuals

Individual accountability remains a pillar of the SEC’s enforcement program. In fiscal year 2023, approximately two-thirds of the SEC’s cases involved charges against one or more individuals. In addition, to protect investors from future violations, the SEC obtained 133 orders barring individuals from serving as officers and directors of public companies, the highest number in a decade.

Cases that resulted in officer and director bars or other industry bars—among other remedies—against individuals included:

A former Wells Fargo executive was barred from serving as an officer or director of a public company as part of a settlement of fraud charges for misleading investors about the success of Wells Fargo’s core business. The former executive also agreed to pay a $3 million civil penalty and more than $1.9 million in disgorgement and prejudgment interest;
The former CEO of McDonald’s was barred from serving as an officer or director for five years to settle fraud charges for making false and misleading statements about the circumstances leading to his termination from McDonald’s. The former CEO also agreed to pay a $400,000 civil penalty; and
Telecommunications company Pareteum Corp.’s former controller was barred from serving as an officer or director and denied the privilege of appearing or practicing before the Commission as an accountant as part of a settlement in a matter relating to his role in an allegedly fraudulent revenue recognition scheme.

[Milesblue42]

Ceo Steve Reinharz engaging in Malicious Deception??

Is Ceo Steve Reinharz knowingly and flat out lying to investors??

Deliberately Misleading Investors $aitx
pic.twitter.com/f5CFhKS1GV

— Mr.X Poll (@MrXPoll) March 8, 2024

https://www.otcmarkets.com/stock/AITX/security

Authorized Shares
10,000,000,000
03/11/2024
Outstanding Shares
9,505,062,729
03/11/2024

[Alexulf]

Momentum Building in 1st Month of Fiscal Year
Detroit, Michigan, March 7, 2024 – Robotic Assistance Devices (RAD), a wholly owned subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), is eagerly anticipating the opportunity to showcase its groundbreaking AI-powered security and safety solutions to diverse audiences at 2 upcoming regional conferences and one online webinar. From an exclusive IAHSS Great Lakes Chapter Meeting to the 2024 Healthcare Safety & Security Symposium, RAD is poised to present the transformative potential of its technology in shaping the future of security services. With a focus on Autonomous Remote Services and advanced Firearm Detection technology, RAD remains committed to delivering innovative solutions that address the evolving challenges faced by organizations across various sectors.

Steve Reinharz, CEO/CTO of AITX and RAD commented, “As RAD engages with esteemed members of the security industry and healthcare professionals, we are continuing to foster meaningful discussions and sharing insights that contribute to a safer, more secure future. We look forward to demonstrating how our solutions empower businesses and institutions to enhance their security posture efficiently and cost-effectively.”

With the momentum gained from these events, RAD will be poised to make a significant impression at ISC West, where it will have the opportunity to amplify its reach, strengthen relationships, and unveil its latest advancements to a broader audience. ISC West’s reputation as the premier security trade event in the U.S. aligns perfectly with RAD’s mission to drive innovation and shape the future of security technology. At ISC West, taking place April 9-12 in Las Vegas, RAD will be participating in 3 discussion panels, 1 educational presentation and exhibiting in booth #20131.

Mark Folmer, CPP, PSP, FSyI, President of RAD, added, “As an industry disruptor in the security services space, it’s important for us to get in front of our peers and show them that the future of security is right now with RAD. I am very excited about the events we have on the calendar for the next few months.”

Reinharz added, “We appreciate the support and invitation from industry leaders like Allied Universal, IAHSS, SIA and Security Today magazine to help spread the word and share RAD’s success stories with the public.”

RAD’s upcoming conferences and webinars are:

IAHSS Great Lakes Chapter Meeting at the REX (RAD Excellence Center)

Date: March 15, 10:00 am – 12:30 pm ET
Location: The REX (RAD Excellence Center) in Ferndale, Michigan
Hosted By: The Great Lakes Chapter of IAHSS and RAD
Description: This hands-on event is by invitation only and closed to the public. The event, hosted by the Great Lakes Chapter of IAHSS in collaboration with RAD, will focus on “Security in 2024: The Impact of Automation and Robotics.” Experts from RAD and IAHSS will discuss the transformative power of security automation and robotics, including trends, innovative solutions, and future directions in security services.

2024 Healthcare Safety & Security Symposium

Date: March 22, 8:00 am – 2:00 pm ET
Location: 1 Hotel Nashville in Nashville, Tennessee
Hosted By: Allied Universal and RAD
Description: This symposium is by invitation only and closed to the public. It will address workplace safety and security in 2024, with a focus on recognizing and responding to workplace violence. Healthcare executives, facilities and risk management professionals, healthcare public safety and police departments, security-related departments, and security leaders are invited to attend.

Webinar: Enhancing Campus Safety: Practical Approaches to Advanced Firearm Detection Technology

Date: March 26, 2:00 pm – 3:00 pm ET
Hosted By: Security Today Magazine and RAD
Location: Online, register at tinyurl.com/rad-firearm-detection/
Description: This webinar is open to the public. It will introduce cutting-edge advancements in firearm detection technology tailored for campus environments. Steve Reinharz, CEO of RAD, will discuss practical and affordable strategies for implementing and optimizing these solutions. Troy McCanna, RAD’s Chief Security Officer and former law enforcement officer with 23 years in the FBI, will provide insights into integrating advanced firearm detection within campus security protocols. Moderated by Ralph Jensen, publisher of Security Today and Campus Security & Life Safety magazines, the webinar aims to equip attendees with actionable strategies and best practices for strengthening campus security measures.

The Company proudly distinguishes itself by openly sharing its upcoming event schedule with the community and extending invitations to investors to follow the Company’s activities. With a commitment to transparency and engagement, AITX recognizes the importance of keeping stakeholders informed about its strategic initiatives, industry engagements, and developmental milestones. By providing visibility into its event calendar, the Company aims to foster trust and transparency with investors while demonstrating its proactive approach to communication and investor relations. As a testament to its dedication to shareholder engagement, AITX invites investors to stay connected and informed about the Company’s progress as it continues to drive innovation and growth in the security technology sector.

[Huggy Bear]

I want to ask something.

Why do you continue to continue to promote this scam without disclosure as required by federal law?

[Milesblue42]

Is Mivil Deschenes engaging in Securities Fraud??

Is Ceo Steve Reinharz, Advisory Board Mivil Deschenes and other AITX insiders possibly engaging in Securities Fraud???


https://aitx.ai/mivil-deschenes/







https://www.sec.gov/tcr

https://www.sec.gov/news/press-release/2023-234

Accountability and Remedial Measures Against Individuals

Individual accountability remains a pillar of the SEC’s enforcement program. In fiscal year 2023, approximately two-thirds of the SEC’s cases involved charges against one or more individuals. In addition, to protect investors from future violations, the SEC obtained 133 orders barring individuals from serving as officers and directors of public companies, the highest number in a decade.

Cases that resulted in officer and director bars or other industry bars—among other remedies—against individuals included:

A former Wells Fargo executive was barred from serving as an officer or director of a public company as part of a settlement of fraud charges for misleading investors about the success of Wells Fargo’s core business. The former executive also agreed to pay a $3 million civil penalty and more than $1.9 million in disgorgement and prejudgment interest;
The former CEO of McDonald’s was barred from serving as an officer or director for five years to settle fraud charges for making false and misleading statements about the circumstances leading to his termination from McDonald’s. The former CEO also agreed to pay a $400,000 civil penalty; and
Telecommunications company Pareteum Corp.’s former controller was barred from serving as an officer or director and denied the privilege of appearing or practicing before the Commission as an accountant as part of a settlement in a matter relating to his role in an allegedly fraudulent revenue recognition scheme.

[Milesblue42]

Disclosure: Paging AITX Employee Mivil Deschenes



https://radsecurity.com/mivil-deschenes/

Perhaps you can shed some light on Ceo Steve Reinharz's continued dilution that is destroying the share price. There are currently
9,505,062,729 shares outstanding. The company that you work for is on the verge of maxing out it's Authorized shares count 10,000,000,000.

https://www.otcmarkets.com/stock/AITX/security

Don't forget to disclose the fact that you are currently employed by RAD/AITX. With you being you being a certified Fraud Examiner I'm sure that goes without saying.

[Milesblue42]

QuickCash4Me, STOP with the Useless Arguments

I believe that they do have loans on the books that convert to shares if the loans default. Not sure of the timing on these, but I believe they were all in place before Steve took over as CEO. Some have been restructured according to their PRs.

These loans are definitely what is holding them back. But I believe they are trying to turn the company around and become profitable. That’s why I have a small position. This is the OTC. It’s 50/50 whether any start up makes it.

Your arguments sounds eerily similar to the complete nonsense Investors hear from Steve Reinharz

[Milesblue42]

Alexulf's Idiotic Arguments vs 9,505,062,729 Diluted-Shares

9,505,062,729

Alexulf why not mention the over 9 Billion shares outstanding??

https://www.otcmarkets.com/stock/AITX/security

[Alexulf]

AITX's ‘Ask Me Anything’ Now Available Online

https://aitx.ai/steves-aitx-weekend-update-march-9-2024/?utm_source=rss&utm_medium=rss&utm_campaign=steves-aitx-weekend-update-march-9-2024

[Alexulf]

Volume 33,587,699

Avg Vol 75,280,875

5-Day Change +11.54%

[k9narc]

History says you're wrong.

They will increase the AS to 12 billion, dilute through summer and then you will see a PPS jump from the 10,000/1 reverse split.
Then, the cycle will continue.

This is just a printing press.

IMHOBOTAF!

[02opida]

no, calm before the Storm more likely

[02opida]

nice ~ Webinar: Practical Approaches to Advanced Firearm Detection Technology

See the RAD Website for info and registration; https://radsecurity.com/news/

Registration now; https://radsecurity.us18.list-manage.com/track/click?u=6aab5cef16e93d8576578a4f5&id=e7e4d49f86&e=7eae867c17

[QuickCash4Me]

I believe that they do have loans on the books that convert to shares if the loans default. Not sure of the timing on these, but I believe they were all in place before Steve took over as CEO. Some have been restructured according to their PRs.

These loans are definitely what is holding them back. But I believe they are trying to turn the company around and become profitable. That’s why I have a small position. This is the OTC. It’s 50/50 whether any start up makes it.

[Milesblue42]

QuickCash4Me, you confirming Death Spiral financing?? Huh

Wait, what the Hell are your AITX arguments advocating and confirming that Steve Reinharz possibly and knowingly took on Death Spiral financing??

Is this what Ceo Steve Reinharz is doing to his retail shareholders?

https://cbonds.com/glossary/death-spiral-convertible-bond/

What Is a Death Spiral?
A death spiral refers to a convertible bond or debt instrument that not only provides interest payments but also offers the option to convert into a fixed number of company shares. This financial instrument represents a hybrid security, blending characteristics of both bonds and stocks.

Death spiral financing arises from poorly designed convertible financing arrangements typically employed by small-cap companies in the market. This type of financing can trigger a significant decline in the company’s stock value, potentially culminating in the company’s eventual collapse. Many small businesses depend on issuing convertible debt to attract substantial private investors (referenced as private investment in public equity or PIPE) as a means to secure funds for their operations and expansion.

The conversion of a death spiral bond results in a predetermined dollar value. However, the company responsible for issuing this type of debt doesn’t settle with cash payments to the new bondholders; instead, it compensates them with fresh shares of its own stock.

Consequently, the death spiral mechanism causes an ever-increasing number of company shares to enter the market. This proliferation of shares leads to a dilution of the ownership stake held by existing stockholders, inevitably precipitating a significant decline in the share price.

Another one of your ridiculous AITX arguments. Huh

To raise money to finance the company’s operations. Companies can sell shares or take out loans to raise money for operations. Selling shares is a much better route for the company as they don’t have to pay interest or the loan back.

This is very very disturbing considering that there are now 9,505,062,729 outstanding shares
https://www.otcmarkets.com/stock/AITX/security

As long as revenues are increasing with the selling of shares, the value of the company is increasing.

Another Idiotic AITX argument. What about shareholders holding retail shares watching the value of their shares going down in value as Steve Reinharz dilutes every month. Perhaps Ceo Steve Reinharz doesn't give a damn because he has preferred shares.

Do you have any AITX arguments that make an ounce of sense? IMO your AITX arguments appear to advocate Ceo Steve Reinharz continuing to destroy the value shareholders holding retail shares through destructive dilution.

[Milesblue42]

QuickCash4Me, so SteveReinharz is Liar/CON Artist??

Sorry but that is the stupidest AITX argument I have heard so far. This sounds just like the nonsense Ceo Steve Reinharz spews while he collects Millions of Dollars in Dilution funded salaries. Your Argument sounds like a completely ridiculous time buying Share selling scheme based on manipulative investors. Your AITX arguments sounds like what Greedy and self serving Ceo's say that don't give a rip about investor losses.

To raise money to finance the company’s operations. Companies can sell shares or take out loans to raise money for operations. Selling shares is a much better route for the company as they don’t have to pay interest or the loan back.

As long as revenues are increasing with the selling of shares, the value of the company is increasing.

In the case of AITX, the dilution has been rewarded with a 500% increase in sales year over year. As long as they continue to show increases in sales, AITX is a play. This won’t be an overnight success as they do have a lot of debt on the books from previous management, but steady growth will lead to cash flow positive and the ability to pay down their debt of become a takeover target for a larger security company.

[Milesblue42]

Alexulf, when will Mivil-Deschenes post here??

Is he too afraid to post here???

[Alexulf]

Webinar: Practical Approaches to Advanced Firearm Detection Technology

See the RAD Website for info and registration; https://radsecurity.com/news/

Registration now; https://radsecurity.us18.list-manage.com/track/click?u=6aab5cef16e93d8576578a4f5&id=e7e4d49f86&e=7eae867c17

[Milesblue42]

A Possible 1:10000 Reverse Split coming??

Is a Massive Reverse Split....Inevitable??

[QuickCash4Me]

Why has Ceo Steve Reinharz diluted over 9 Billion shares?

To raise money to finance the company’s operations. Companies can sell shares or take out loans to raise money for operations. Selling shares is a much better route for the company as they don’t have to pay interest or the loan back.

As long as revenues are increasing with the selling of shares, the value of the company is increasing.

In the case of AITX, the dilution has been rewarded with a 500% increase in sales year over year. As long as they continue to show increases in sales, AITX is a play. This won’t be an overnight success as they do have a lot of debt on the books from previous management, but steady growth will lead to cash flow positive and the ability to pay down their debt of become a takeover target for a larger security company.