Artificial Intelligence Technology Solutions Inc (AITX)

[JBGoode]

I remember November well. I remember long before November. Around November we were still being promised the October Q was going to come "any day". There's a November-ish twitter message somewhere on here from SR to my account saying it would drop within that week.

I also remember hearing the debt wasn't toxic & they were working on paying it off as soon as possible back around July-August I think? Also that they weren't going to increase outstanding shares (hell, I was one of the ones championing that argument at the time).

I also remember hearing (and saying) "as soon as the robots are actively deployed the revenues will build exponentially!" How's that going (especially with those multiple robots that failed during the contract period)?

I (and any other savvy investor) can only go off the financials they've released. If you want to invest based on PR boasts I've got millions of old bags from various bets I'll cut you a great deal at $1 pps (hell, for you I'd do $.50 pps). The fins show $OMVS was loading TONS of debt at the time, even though investors were being led to believe otherwise. The fins show meager revenues, even though "BEST DAY EVER" tweets were flying.

I've been long on this for quite a while (feel free to check my post history), but the truth is $OMVS and SR's actions haven't reflected the best interests of the shareholders. SR's supposed "availability" via twitter is misleading at best & outright lies at the wors. If you're claiming they're not going to convert all that new debt, you're insane. $OMVS doesn't have the revenue to have any other option. They've loaded convertible debt at a 20:1 ratio to their revenue with terms that screw over current shareholders.