Artificial Intelligence Technology Solutions Inc (AITX): Murphy I strongly suggest reviewing thei...

Artificial Intelligence Technology Solutions Inc (AITX)

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KingOfEdgar

Re: murphyman post# 38759

Tuesday, 11/28/2017 3:50:33 PM

Tuesday, November 28, 2017 3:50:33 PM

Murphy I strongly suggest reviewing their latest filing.

They have a note due by Nov 30 for $374K which if not paid, converts at .01

In the qtr March to May showed the company was issued over $600K worth of debt ...and most of that is due by May.

The growing concern is that if the company doesnt pay the $374K note by this thursday and or they dont file their financials, serious dilution could occur.

The debt they are already in default on $936K, roughly $500k converts at prices between .001-.002 which is the equivalent of 250M additional shares.

Dont listen to opinions, get the facts from the company's filing.
https://www.bamsec.com/filing/116169717000344?cik=1498148

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