Artificial Intelligence Technology Solutions Inc (AITX)

[saladbar]

$10 PER SHARE NEWS!!!

From the RAD website this morning...

Allied Universal Services, the largest guarding company in the United States, recognizes that by adding the use of RAD’s security robots, users can be positively influenced by decreasing the number of “dangerous” posts by human guards and thereby reducing liability for organizations.

“We believe that the versatility of your security robots, particularly the all-terrain capability and advanced electronics allowing integration into our client’s existing security systems, allows us to offer supplemental security services that will significantly benefit our customers,” said Mark McCourt, Vice President, Enterprise Security Systems, Allied Universal Services.

The partnership of humans and robots creates numerous advantages when it comes to providing security. The patrolling capabilities of RAD’s robots and their responsiveness provide human guards with an increased ability to detect intrusion. Additionally, security robots can free up human security guards by manning dangerous or undesirable locations, such as toxic waste plants. This then yields higher cost savings for a company, as insurance costs and labor will decrease.

“Our expectation is that within a few years security robots will be an important piece of security operations for clients that have needs of more than guards at any given location,” McCourt said.

Compared to the PR from May 30th...

"We believe that the versatility of your security robots, particularly the all-terrain capability and advanced electronics allowing integration into our client's existing security systems, allows us to offer supplemental security services that will significantly benefit our customers," said a Vice President of the partner in charge of corporate security services. "Our intention is to support and team with you to offer your security robots along with our human guards through our network of locations to our existing customer base."

RAD expects to sign a distribution agreement with this partner in approximately 30 days. The name of the potential distribution partner cannot be mentioned at this time due to confidentiality.

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What does that look like as far as "Price Per Share"? Take a look at the spreadsheet in the iBox above...

Check out the size and scope of the Security Guard Industry in the US at this link...

http://www.securitymagazine.com/articles/87612-2016-top-security-guard-companies

Allied is a short 25 minute drive from Laguna Hills, home to
Robotic Assistance Devices, the acquisition that is in the works for OMVS!!

Is this a ten dollar stock in the making by 2018? You tell me. Every indication to date seems to suggest that this is the case.