Artificial Intelligence Technology Solutions Inc (AITX)

[fightingcardinal]

I updated my compiled DD this weekend into key point list, hopefully any potential investors find this useful:

AITX - Key Points forecasting huge growth potential 2021 and beyond:

1 - AITX is a multinational company with about 30+ employees and ~$120 million current market cap, offices in the USA and Canada, offering Artificial Intelligence 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 $1.1 trillion industry by 2030. The AI sector still has huge room for growth; AITX is positioning itself to capitalize in this new, rapid-growth sector

3 - AITX currently offers 5 hardware devices and 3 software applications for mobile and stationary security solutions that offer lower security costs. These devices are ever-vigilant, always-aware, non-corruptible, and non-discriminatory. Essentially these security devices are replacing expensive manpower, that is largely doing nothing, with machines that do a lot, at far lower cost.

4 - 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. Devices have already deployed in the Healthcare, Transportation, Logistics, Construction, Automotive, Real Estate, Food Retail, and Film industries

5 - Allied Universal is AITX’s largest dealer by sales orders - Allied will soon be the largest security company in the world - AITX President Steve Reinharz recently shared on social media that “Allied loves ROAMEO” (ROAMEO is AITX’s mobile security device, and also AITX's highest revenue generating device)

6 - AITX devices and applications are currently being 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 USA 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 - the latest quarterly report 10-Q is expected in the next 5 business days

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 - Recent multi-unit order from Fortune 500 client (see Jan 8th PR)- with many more sales coming and multiple Fortune 500 companies in the sales funnel

11 - AITX President, Steve Reinharz confirmed that one of AITX’s dealers will be presenting AITX devices and applications to another huge Fortune 500 company this week.

12 - AITX currently consists of 2 subsidiaries: 1) Robotic Assistance Devices (RAD), that focuses on the manufacture and deployment of stationary devices, and 2) Robotic Assistance Devices Mobile (RAD-M), that focuses on the manufacture and deployment of mobile devices

13 - AITX will be launching a 3rd subsidiary in 2021 - staffing has begun and further details still to be announced

14 - Due to increased demand and sales of stationary devices - AITX recently expanded production capability and opened a new assembly facility in Irvine, CA

15 - 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 has a 10k square foot outdoor mobility technology testing yard.

16 - R&D and innovation are constantly ongoing - driven by customer demand - new products announcements and reveals are scheduled for 2021

17 - AITX President Steve Reinharz, is very accessible via social media and responsive to shareholders

18 - AITX is full SEC reporting - very rare to find full SEC reporting companies in microcaps and OTC Pinks - this shows that the company is committed to maximum transparency

19 - Old toxic convertible debt has been renegotiated into non-toxic, non-convertible debt as of December 15, 2020, see PR, President Steve Reinharz has stated “no toxic debt ever again”.

20 - Steve has definitively stated that there is no plan for a reverse split, and since toxic loans have been renegotiated, and the market cap of company has soared, there is no, and will be no need for a future reverse split

21 - Steve has very ambitious goals and has expressed his goal is to uplist to OTC QB status within the year (2021), and then further achieve NASDAQ uplist within the next 5 years, give or take

22 - Do your own DD, read the PRs and see the potential for yourself:

see all 5 devices and applications at https://roboticassistancedevices.com/

see AITX website at http://aitx.ai/