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More dilution and a RS.
“Expected sales success” Don’t believe a word this man says.
Which means a couple of free demo units for the new dealer to keep his employees busy under overhead.
To support its ongoing growth? I think what they meant is to support its ongoing dilution.
Don’t worry, Steve has a solution. It’s called, REVERSE SPLIT. It won’t be the first and last time he does it.
Yeap, only demo units and PRs with “potential sales”.
100 devices since 2018? Not enough to cover Steve’s huge bonuses…
Steve will block you if you ask those type of questions…
Not just the consultants, also the 80+ employees that most likely are in overhead most of the time.
Not confirmed, “expects” to book over 300 units. This has SCAM written all over it.
97%? Yeah, it’s not looking good. We need news ASAP.
Reverse split means nothing? Lol…tell that to the group of investors Steve wiped out on the previous reverse splits.
Now imagine the R&D department, engineers are not cheap…
and he still gave himself a huge bonus…
because he needs his huge bonus…
its hard to defend this company with all FLUFF PR’s, constant dilution, the huge bonus Steve gave himself when the company is burning through huge amounts of money every month. Definitely 100% scam.
Dilution wont’t stop, he cannot afford paying the bills with only Demo units.
He’s working hard on those FLUFF PR’s that he’s going to release after he files the 10Q to distract share holders.
Definitely a share selling scam.
Steve will not let it breath…Reverse split coming sooner than expected…
Every PR is designed to lure new investors and bag holders into ASK Slapping. AITX “Expects” Lol…I guess he’s working hard to get his next bonus.
He probably did already. He is now thinking what excuse to use to increase the AS.
Another Demo unit?
Steve would released a PR for every single step of the process, from end to start. But for now only demos units and no actual sales.
Yeap, here it comes the excuse for the RS.
With no dilution, this company will not survive.
Another $1000 spent for this PR just to say “expects”.
I added 90k yesterday.
I agree, this should start going up any time soon.
Wow! Up to 1-10000?
That’s what I was thinking. They’re using the up list as an excuse to do a reverse split as many OTC stocks have done it. If they have a plan good but if they don’t why up list to Nasdaq.
Sad but he will always have new investors that will believe in his daily tweets, unknown customers and a POS product that has some LEDs and a camera. A third reverse split is coming and will wipe out more investor.
Lol A RS fantastic? Fantastic for the CEO and his friends but not for shareholders.
I totally agree a RS will follow after the dilution. How else is he going to pay the employees, new building, if there is one. The $360,000.00 in revenue is just not enough.
Steve just blocked from tweeter just because I said AITX is overvalued. Lol.
What shorts? This is a POS OTC stock, how are they even paying the employees with only $360,000 a year? Dilution?
Yeah, what a POS this stock is. But they keep saying that this is an amazing company, not sure why. May be they’re just bag holders trying to get out.
According to him, we’ll see some soon, but I doubt it. Has he even provided a physical address from the new building? Or is it also confidential as the unknown end users?
Wow! Two RS? I’ve been through a couple RS but not that bad. His followers must be new to the OTC but I see a reverse coming or may be they are bag holders trying to pump this stock just to get out. No way this POS is worth 350 million at .50/share or 3.5 billion. Yes, you can make lots of money in the OTC but this one is way over valued with only a few units sold to unknown end-users.