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Re: Milesblue42 post# 61207

Wednesday, 03/06/2024 1:52:59 PM

Wednesday, March 06, 2024 1:52:59 PM

Post# of 61990
Why has Ceo Steve Reinharz diluted over 9 Billion shares?

To raise money to finance the company’s operations. Companies can sell shares or take out loans to raise money for operations. Selling shares is a much better route for the company as they don’t have to pay interest or the loan back.

As long as revenues are increasing with the selling of shares, the value of the company is increasing.

In the case of AITX, the dilution has been rewarded with a 500% increase in sales year over year. As long as they continue to show increases in sales, AITX is a play. This won’t be an overnight success as they do have a lot of debt on the books from previous management, but steady growth will lead to cash flow positive and the ability to pay down their debt of become a takeover target for a larger security company.
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