Artificial Intelligence Technology Solutions Inc (AITX)

[Voices of Reason]

Latest tidbits from the current 10Q:

The Company defaulted on its $90,000 promissory note to John Crawford that was signed on March 25, 2011. Per the terms of the note, upon default the Company is to provide Mr. Crawford with 100% of the shares that it holds in Crawford Mobile Installation Corp (“CMIC”). During September 2014, the Company notified Mr. Crawford that it was in default on the note and the Company transferred its CMIC shares to Mr. Crawford.

CMIC was the ONLY revenue stream for the company - they now have NOTHING!!

Robert Wilson is the current CEO. He was the former BOD at Gulf Ethanol (GFET/GAEC) at the time it was suspended by the SEC for fraudulent activities: http://www.sec.gov/litigation/suspensions/2009/34-60410.pdf . He is a long time associate of SEC recividist and Felon Darrel Uselton http://www.sec.gov/litigation/litreleases/2009/lr20961.htm . He is also a long time associate of Thomas Cloud.

Mr. Cloud is the owner of Vista View Ventures - the company that is holder of all the toxic convertible debt: https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=066048040177107105036241108083207204182080098070