Bots Inc (BTZI)

[lesgetrich]

The Form C they filed has the following statement regarding the arbitrary price...

BTZI Form C

How are the securities being offered being valued? Include examples of methods for how such securities may be valued by the issuer in the future, including during subsequent corporate actions.

We have used an arbitrary offering price. The offering price per unit was arbitrarily determined by the Company and is unrelated to specific investment criteria, such as the assets or past results of the Company’s operations. In determining the offering price, the Company considered such factors as the prospects, if any, of similar companies, the previous experience of management, the Company’s anticipated results of operations, and the likelihood of acceptance of this offering. Please review any financial or other information contained in this offering with qualified persons to determine its suitability as an investment before purchasing any shares in this offering.

As I said, some thought went into the target price that they set, even though they aren't prepared to formally justify it.

NB: I still don't see any financial results for FY2022.