Artificial Intelligence Technology Solutions Inc (AITX): I believe that they do have loans on the...

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Artificial Intelligence Technology Solutions Inc (AITX)

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Re: Milesblue42 post# 61213

Thursday, 03/07/2024 9:49:53 PM

Thursday, March 07, 2024 9:49:53 PM

I believe that they do have loans on the books that convert to shares if the loans default. Not sure of the timing on these, but I believe they were all in place before Steve took over as CEO. Some have been restructured according to their PRs.

These loans are definitely what is holding them back. But I believe they are trying to turn the company around and become profitable. That’s why I have a small position. This is the OTC. It’s 50/50 whether any start up makes it.

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