Updated, for those doing holiday DD:
AITX - Key Points that forecast huge growth potential for 2021 and beyond:
1 - AITX is a multinational, $100 million dollar company with offices in the USA and Canada, offering Artificial Intelligence (AI) enhanced hardware and software technologies to revolutionize the 128 billion dollar global security industry.
2 - AI is emerging tech, it is currently a 40 billion dollar industry that is projected to grow at a 40% compound annual growth rate, that’s a 1.1 trillion dollar industry by 2030. The AI sector is still in its infancy - huge room for growth, and AITX is positioning itself to capitalize in this new, rapid-growth sector
3 - AITX currently has dealership agreements in place with 15-20 security companies worldwide for device and applications deployment, including agreements with 2 of the largest security companies in the world Allied Universal and Securitas
4 - Allied Universal is AITX’s largest dealer by sales orders - Allied Universal recently announced that they are acquiring GS4, the largest security company in the world - AITX’s largest dealer is expanding and will soon be the largest security company in the world offering AITX devices to their newly expanded customer base.
5 - AITX is currently offering 5 hardware devices and 3 software applications for security solutions that offer lower security costs with better, and always-aware protection
6 - Devices and applications currently offered in 3 countries worldwide - USA, Canada and Romania - with plans for future expansion
7 - Devices and applications currently deployed in 8 states (8 known, possibly more) - including some of the most populated states in the country like California, Texas, New York and New Jersey
8 - AITX revenues are increasing Q over Q
9 - Great demand for latest AITX mobile robotic device, with backlog of orders representing $16 million of revenue, already with letters of intent (LOI)
10 - Due to increased demand and sales of stationary devices - AITX is expanding production capability and opening new assembly facility in Irvine, CA
11 - Due to increased demand and sales of mobile devices - AITX is opening a new office in Waterloo, Canada, that is 3x larger than the previous office and will include a new 10k square foot outdoor mobility technology testing yard.
12 - R&D and innovation are constantly ongoing - driven by customer demand, new products announcements are scheduled for 2021
13 - AITX President, Steve Reinharz, is very accessible via social media and responsive to shareholders
14 - AITX is full SEC reporting - very rare to find full SEC reporting companies in microcaps and OTC - shows that the company is committed to maximum transparency
15 - Recent multi-unit order from Fortune 500 client - with more sales coming and multiple Fortune 500 companies in the sales funnel
