Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Read the last paragraph, what a bunch of BAFOONS! I'M no longer LONG on another mismanaged PUBLIC company!
FatBrain AI ($LZGI) Posts Over $24 Million in Revenue Up 155% Q/Q, Confirms Guidance
PR Newswire
NEW YORK, Sept. 5, 2023
NEW YORK, Sept. 5, 2023 /PRNewswire/ -- FatBrain AI (LZG International, Inc., OTCQB: LZGI) (the "Company," or "we"), the leader in powerful and easy-to-use AI solutions for the enterprise stars of tomorrow, announced it posted over $24 million of revenue during the Mar-May cycle ending May 31, 2023 up 155% Q/Q.
"We achieved over $24 million of revenue during the Mar-May cycle ending May 31, 2023 up 155% Q/Q, while continuing to invest in R&D. We confirm earlier guidance," said Peter B. Ritz, co-founder and CEO of FatBrain AI ($LZGI). "The rapid growth requires further analysis and control mechanisms. We've experienced unexpected delays in compiling and analyzing supporting documentation for accounting, requiring additional time to complete the annual report."
NT 10K Filed! What the hell is wrong with Management. They sure aren't showing the "STREET" that they can operate and manage a stella BIG BOARD ticker!
Another piggly wiggly from cheasapeakr. Hurry up and get in and watch conversions drop the price.
10K due out Sept 14th, Mgt. better have some news updates on those 3 or 4 multi-Million Notes because the PR's have all but dried up.
LZGI Bid: 0.401 Ask: 0.5099 Last: 0.451 Chg ($): 0.0355 Vol: 18.09K
LZGI Latest News
Patents Filed for AI SAAS Solutions
07/06/2023 11:00:00 AM
Amended Quarterly Report (10-q/a)
06/27/2023 06:00:57 AM
LZGI
LZG International Inc (QB)
0.42
0.0045 (1.08%)
Volume: 15,893
Day Range: 0.401 - 0.4555
Last Trade Time: 1:06:42 PM EDT
The selling does continue but dam this has gotten super CHEAP
The selling continues
They got you again
This SELLER is still converting his RESTRICTED SHARES! They have been on the BID all day today.
WHERE IS MANAGEMENT? They should inform shareholders as to when this SELLER is GOING TO be DONE!
Got in today. Seems like a reversal in effect now from it's previous drop from highs.
Pretty funny but this one here is simply a very nice young money making company
Can’t remember when Chesapeak had a winning stock… it’s been YEARS!!!
Huge! I think the seller is done!
Updated SS and comparison. The important take away is that the OS and Float remained the same!
Market Cap Market Cap
85,147,673
08/16/2023
Authorized Shares
250,000,000
08/16/2023
Outstanding Shares
166,956,221
08/16/2023
Restricted
136,891,889
08/16/2023
Unrestricted
30,064,332
08/16/2023
Held at DTC
11,623,372
08/16/2023
Float
12,870,030
03/31/2023
Market Cap Market Cap
165,269,963
07/31/2023
Authorized Shares
250,000,000
07/28/2023
Outstanding Shares
166,956,221
07/28/2023
Restricted
137,467,967
07/28/2023
Unrestricted
29,488,254
07/28/2023
Held at DTC
7,363,028
07/28/2023
Float
12,870,030
03/31/2023
Par Value
0.001
They addressed it on the conference call last week. Call the company
These are three ($3m, $6m, $6m) short term Notes from the last 10Q which I'm very concerned about and HAVE NOT been addressed by Management. Several emails have gone unanswered!
NOT GOOD!
I would suggest any LONG to do the same thing I did, email and demand an update on these NOTES.
Is the May 11th Note below the culprit of our massive decline. We need answers or this will decline to a dime, in no time!
"On May 11, 2022, the Company assumed a promissory note from a related party in connection with an asset acquisition. The $3,000,000 note bears interest at 8% per annum and is payable on Demand, no later than July 5, 2023. There have been no payments of principle or interest for the loan as of February 28, 2023. Accrued interest at February 28, 2023 is $191,836
On June 17, 2022 in connection with the Prime Source Acquisition, the Company issued two promissory notes of $6,000,000 to each of the former owners of Prime Source. Each loan bears interest of 8% and is payable on prescribed dates per a payment schedule. The final payment is due December, 31, 2023. As of February 28, 2023, the remaining balance due is $9,000,000 of which none is considered long term. Accrued interest on February 28, 2023 is $481,133."
Thanks and you too
Good idea should take off after that. Good luck
Cool - thanks. I will be adding here slowly over the next several months
I believe it was 6 million. Not sure how many left. I would say 2m or so.
Any idea how much more selling? Management made it sound like it is over on the call last week. Hopefully
Revenues are good they just screwed up with the purchase in January that had a 6 month restriction. Restriction is gone and they are selling like mad. Hopefully they will be done in a few months
The all important 10K is due on August 30th. This audited financial and it's narrative is a do or die for this Long!
No....
Brokers and Analysts:
Chesapeake Group
410-825-3930
info@chesapeakegp.com
AKA Investor Relations
Their advisor
Who's chesapeake?
What a joke these guys are
LZGI issued alert - potential bounce coming
https://twitter.com/aiventuretech/status/1687463888680329216
News ...
https://www.otcmarkets.com/stock/LZGI/news/FatBrain-AI-LZGI-and-Appulate-to-Distribute-AI-Sales-Enablement-Solution-to-35000-Agencies-Serving-150-Insurance-Carrier?id=409871
FatBrain AI ($LZGI) and Appulate to Distribute AI Sales Enablement Solution to 35,000 Agencies Serving 150 Insurance Carriers
PR Newswire
NEW YORK, Aug. 4, 2023
NEW YORK, Aug. 4, 2023 /PRNewswire/ -- FatBrain AI (LZG International, Inc., OTCQB: LZGI) (the "Company," or "we"), the leader in powerful and easy-to-use AI solutions for small business, announced a new distribution agreement for its IntellAgent Advisor™ AI Sales Enablement solution.
?
Its distribution partner Appulate offers an industry-leading software that has been digitizing insurance transactions across agency brokers, distribution/MGA and carrier systems over 18 years. It reaches nearly 300,000 users at 35,000 agencies, connected with 150 carriers. Appulate enables 240,000 insurance requests per year, with $3B+ in premiums annually.
Last week FatBrain AI's Insurance subsidiary IntellAgents announced its latest product; IntellAgent Advisor™, which is a sales enablement tool for agents' rapid growth and productivity boost. It personalizes the exclusive underwriting knowledge from Rough Notes, Inc., a trusted leader supporting independent agents and underwriters since 1878. It automates 145 years of insurance expertise and delivers it at the "point of sale" using FatBrain's FatGPT™ private data model technology, similar to the popular large language models or LLMs. In its simplicity, the IntellAgent Advisor aligns and enhances the underwriting knowledge, the agent-client experience and FatBrain's existing innovation ecosystem continuously scoring industry and region-specific business risks.
I tend to agree, this was the typical OTC P&D, most likely orchestrated by Chesapeake and the INSIDERS.
This needs to find support now, unfortunately I thought it might have been a BUCK, but I wasn't even close!
Restricted went down, Unrestricted went up. OS and DTC remained the same.
How did the outstanding at the fed go down? Company buying?
This IMHO IS NOT DILUTION, but some are taking profits from 40 cents. The SS speaks for itself....
Market Cap Market Cap
165,269,963
07/31/2023
Authorized Shares
250,000,000
07/28/2023
Outstanding Shares
166,956,221
07/28/2023
Restricted
137,467,967
07/28/2023
Unrestricted
29,488,254
07/28/2023
Held at DTC
7,363,028
07/28/2023
Float
12,870,030
03/31/2023
Par Value
0.001
Market Cap Market Cap
180,312,719
07/21/2023
Authorized Shares
250,000,000
07/14/2023
Outstanding Shares
166,956,221
07/14/2023
Restricted
151,816,819
07/14/2023
Unrestricted
15,139,402
07/14/2023
Held at DTC
9,769,851
07/14/2023
Float
12,870,030
03/31/2023
I do not think the pump crew here does much, but chesapeek's pump tripled volume. In my opinion.
They have already been diluting and things were fine as investors were soaking it up. Therefore, not sure why we need a pump crew here….
Looks to me like the company is selling into the hype from Chespeek.
Followers
|
5
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
277
|
Created
|
01/06/22
|
Type
|
Free
|
Moderators |