Fobi AI Inc (FOBIF)

[jpike]

First big jump now (.045) as they start the most expansive period of their 18 years. Tremendous content to be released as they are independents and the writers and producers strike is on going for others. Demand for content will be very strong this fall and winter. bseg

[jpike]

Float about 51 M. Revenues expected to increase makes it an under the radar opportunity. They have created multiple new revenue streams including new TV shows with future returns. Also producing now for Amazon and Hallmark. What makes it attractive to me is the future and not the market cap. Just my three cents(presently).

[janeyH]

This BSEG

Market cap.Micro Cap ($3.50M)(?)
Shares outstanding105,943,397

[jpike]

Here is the background for bseg: Great team in place with over 15 years of experience in the industry as independent film makers, writers, and producers not affected by the current strike. Low priced stock with little debt, no conversions and now producing streaming shows for NFLX, Roku, Dis and Appl. Was formerly held back by lack of funding which is now being cured by Reg D funding. Quality producers and writers including Fulbright Scholar. Unknown to most stock investors which has led to low volume. Company now making in roads with emerging market shows on tap. Suggest you look at Ihub or Stocktwits message boards for recent info and announcements. Sleeper about to be discovered soon and with an honest CEO. JMHO.

[janeyH]

what is bseg up to?

[jpike]

Thanks. I enjoy you all on the pays board. My tip of the rest of the year: do some research on bseg and see what is coming.

[WOW23P]

Jpike imo your timing and pps are epic. GL and welcome back!

[jpike]

Opened new position now after a long absence.

[WOW23P]

Some explanation found here:

[chilar4567]

didn't anyone see or care to post it?
Fobi AI Plans Non-Brokered Private Placement
7:46 AM ET 8/23/23 | MT Newswires
Fobi AI Plans Non-Brokered Private Placement
07:46 AM EDT, 08/23/2023 (MT Newswires) -- Fobi AI Inc. (FOBI.V), a player in harnessing AI and data intelligence to enable digital transformation, said overnight Tuesday that it plans to raise gross proceeds of $3 million via a non-brokered private placement financing.

The company's shares fell 4.3% in Canada yesterday.

The offering comprises nearly 13.6 million units at $0.22 apiece. Each unit will consist of one common share and one-half of one common share purchase warrant.

The company plans to use the net proceeds for product expansion and integration, market expansion and general working capital, and corporate expenses.

[WOW23P]

Those tickers that survive will thrive imo

[Ezzra]

Yep, it's a - run but can't hide type market atmosphere. Give me a (penny) ticker symbol that's not hemorrhaging. Sucks..

[jpike]

I traded this briefly in 2021 and also march of 2022. Now I look at the price today in amazement. The success they wanted has been hard to come by. I may make another short term purchase if it goes to .145 only because of how cheap it has become.....which is not a good strategy.

[janeyH]

I am
Getting tired of this
Shit

[12yearplan]

Not sure what is going on over there.. certainly wasn't directed at another poster and today
Cowboy for a picture of someone eating popcorn, also not directed/harmless..
What are the options?: Power Play, Prude, Personal dislikes, Bagholder lol - Bonehead move nonetheless.
Anyhow, I thought it fantastic your new friend found FOBI$
Keep recruiting my friend ;)..

[Ezzra]

I agree. I got banned for chatting on a non trading day. Pusscakes..

[12yearplan]

Prudes over at ceo.

[WOW23P]

Good volume up North. Up 10% on 350k. Back that guidance with some ink Rob and set the new trend.

[WOW23P]

https://www.reddit.com/r/FobiAI/comments/15aighs/the_forecast_for_2024_is_over_13_million/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=6&utm_content=1


The Future's So Bright, I Gotta Wear Shades https://g.co/kgs/NsssTw

[janeyH]

the momo traders are going nuts here

Bid x Size
$0.1772 x 5,000
Ask x Size
$0.19 x 5,000
Volume
0

[WOW23P]

Why no PR? Iheart is a dandy

[WOW23P]

Fobi Podcast - Episode 55: iHeart Media Partnership with Mike Caruso https://gofobi.ai/ep55

[WOW23P]

Lol

[12yearplan]

Yup, there's a sign for that;

[WOW23P]

*options

A good sign, eh

[WOW23P]

Out of the money warrants. Rob's way of funding co until it's self-sufficient without private placement. .325 cad
Word is there's a mass amount of naked shorts. Rob will force them to cover at market

[janeyH]

are 100% certain those are open market buys and not self-gifting from the company treasury

[WOW23P]

Another quarter mill for Rob
https://ceo.ca/api/sedi?symbol=fobi

[12yearplan]

Cool!, got a huge stack ;).

[WOW23P]

I added today

[12yearplan]

All good Chil. I think we at bottom or near and with all in the pipeline I expect da slow climb now. We'll see.

https://ceo.ca/@globenewswire/passcreator-by-fobi-launches-digital-loyalty-program

[chilar4567]

sorry 12, I'm out.

[12yearplan]

Again Chil.

[WOW23P]

A bullish tone?? I'll take it.

Some nice tidbits here from Colby:

https://www.linkedin.com/posts/weil-gotshal-and-manges_a-maverick-in-the-emerging-tech-and-ai-sector-activity-7084604035831324672-A_A-?utm_source=share&utm_medium=member_android

[balihi]

This and most insider buying indicates management knows something positive is coming in the near future.

[WOW23P]

Lots of insider buying Janey.
https://ceo.ca/api/sedi?symbol=fobi

[janeyH]

is there any substance behind this company?

[balihi]

That's nice, but no mention of FOBI.

[WOW23P]

This from vericast yesterday:
Dot dot dot

https://www.vericast.com/press-release/vericast-and-intel-to-modernize-retail-pilots-new-in-store-retail-media-network/?fbclid=IwAR3CNqPGfL1Lu1c-I9nl_axBQlyPlVRnnYbOKw05G2ovGysCSBpdWHFBc0E

[janeyH]

Let me RE-re-reiterate that I HATE pr’ing sales contract - like cotton candy for a 5year old

[balihi]

Another PR and down we go......again and again and again. Based on these events, if they stopped PRs, we would go up.

[WOW23P]

More insider buys

https://ceo.ca/api/sedi?symbol=fobi

[WOW23P]

Nope, it was today. Renewals are rad

Fobi PR - Qples by Fobi announces annual contract renewal with Vericast https://gofobi.ai/vericast

[balihi]

You must be joking.

[chilar4567]

NEWS TODAY

[balihi]

I watched the podcast and as usual, nothing about numbers, in fact more than once the discussion was about how some people focus on numbers and they wonder why.
This is a publicly traded company isn't it? Guess what, investors are interested in the numbers, so then they can decide how to place a particular value on the company, which leads to either investing in said company or moving on to something else.
George said record numbers next quarter, Rob remained silent on the subject. I find it very interesting that there no verification to that by Rob and he allowed George to make that statement and not himself.
Uplisting? What, if, when, where, there will be an uplisting? Never one word about that, do you think that might be something investors are interesting in, since Rob mentioned that in the previous PR ??
I can go on, but just how more is needed to be said?

[Ezzra]

[balihi]

No, my thoughts about FOBI are focused on the lack of their ability to promote their own stock.
I have seen inexperienced car salesmen do a better job selling a product to people(in our case investors).

[janeyH]

hmmm .. let me guess what you think of today's PR

they are 1,000% all over the place - industries, techs, geographies - I couldn't articulate a plan here if you made me - maybe just throw shit against the wall and see what sticks while calling ourselves 'AI'

[janeyH]

Stand back ....

Volume
17

this is gonna its TOP right off