Artificial Intelligence Technology Solutions Inc (AITX)

[light1soldier]

well going by the tweets and pr's
that bot going out 2 to 3 weeks, maybe the one in pr today ...
those tweets 2 weeks ago expecting the q this week, well must mean sometime soon...
if a bot went out 2 to 3 weeks ago and now they are pring delivery of the 1st one, seems kind of strange...

most likely the q will come out after it's overdue...

but once again Sr delivering the vague statements, which is why they only have 62 commitments still, after so many partnership agreements, guidance from sept 14th pr stating 540 rentals by end of 2018 and only projecting 240..

RAD is preparing for the following expected deployment of robots:

20 robots by the end of calendar 2017
50 robots by the end of the first quarter of 2018
90 robots by the end of the second quarter of 2018
160 robots by the end of the third quarter of 2018
240 robots by the end of the fourth quarter of 2018

RAD'S business model is to rent out robots to its clients over a three-year period thereby always retaining ownership of its robots, securing its intellectual property and providing a model for regular service, software and hardware updates.

Each robot brings in approximately $110,000 of revenue over the life of the contract which translates to approximately $36,000 per annum.

RAD expects to have 20 robots deployed by the end of 2017 and a total of 560 robots deployed by the end of 2018 for an expected monthly revenue run rate at the end of 2018 of over $1,600,000 or over $20,000,000 of recurring revenue per year.....


wow

omvs