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Sunday, January 03, 2021 9:05:05 PM
1 - AITX is a multinational, currently 85 million dollar market cap (https://www.otcmarkets.com/stock/AITX/profile), 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, currently a $40 billion industry that is projected to grow at a 40% compound annual growth rate, that’s a $1.1 trillion 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 - that means that AITX’s largest dealer is expanding and will soon be the largest security company in the world
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 15 states - 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 - at minimum a 133% increase in revenue expected from Q1 2020 to Q3 2020, as announced in Oct 19th PR
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 recently opened a new assembly facility in Irvine, CA
11 - Due to increased demand and sales of mobile devices - AITX recently opened 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
16 - Company has not taken out toxic loans in almost 2 years and old toxic convertible debt has been renegotiated into non-toxic, non-convertible debt as of December 15, 2020, see PR
17 - President Steve Reinharz has definitively stated that there is no plan for a reverse split, and since toxic loans have been renegotiated there is no need for a reverse split
18 - President Steve Reinharz has very ambitious goals and has expressed his goal is to achieve NASDAQ uplist within the next 5 years, give or take
19 - Sectors and Industries that AITX already has devices deployed in (known via PR’s and investor DD but possibly more)- the Healthcare, Transportation, Logistics, Construction, Automotive, Real Estate, Food Retail, and Film industries
20 - Please do your own DD, read the press releases and see the growth and potential for yourself: https://finance.yahoo.com/quote/AITX/press-releases?p=AITX
Recent AITX News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/17/2024 10:05:48 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/13/2024 10:02:33 AM
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 06/11/2024 09:30:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/11/2024 10:01:40 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/10/2024 10:02:35 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/04/2024 10:02:27 AM
- This AI Company Has a Solution to Detect Firearms in Real Time and is Working on SAFETY Act Designation • AllPennyStocks.com • 05/30/2024 02:40:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/30/2024 10:04:42 AM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 05/29/2024 07:12:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 10:03:51 AM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 05/28/2024 09:28:23 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 05/28/2024 09:09:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/28/2024 10:03:31 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/22/2024 10:02:13 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 10:21:06 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 10:10:22 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/10/2024 10:06:42 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/09/2024 08:01:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 10:06:40 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 10:05:22 AM
- Shares of this Innovative AI Solutions Firm Rip on Updated Pricing • AllPennyStocks.com • 05/06/2024 06:40:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 10:10:24 AM
- Shares Moving Up For AI SAAS Firm on News of an Initial Order • AllPennyStocks.com • 04/11/2024 03:47:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 11:04:41 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 11:08:07 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
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