Artificial Intelligence Technology Solutions Inc (AITX)

[fromtheuk]

You are right on one point, the product exists, and there is a market for it. However the issue with debt is crippling not just the investors, but the company as well. There is about 6 million in toxic debt which we often discuss. Its what drives the losses for investors and maintains the ever rising increase in the OS.

However, the total debt is currently 32 million. In the last quarter alone another 7 million was added. There is no sign this is going to get any better any time soon.

When AITX fills an order ( lets say a ROSA ) it costs thousands to build in a workshop that is not geared for mass production. Each one is hand built / machined. Costing the company. The ‘buyer’ dosnt actually buy, they rent.. it takes years of rental before AITX breaks even.

The sad result of this, is that the more they sell, the higher the debt goes. The model simply doesn't work.

What AITX needs is hundreds of millions invested to build proper production lines and a marketing channel to sell / rent thousands of units. Accepting debt early on, but ultimately making huge profits. That will not happen here. No serious investor would touch this company with its current debt / share structure.

The only exit for the technology is to spin off into a clean shell and leave the current investors and debt behind.