Artificial Intelligence Technology Solutions Inc (AITX)

[Milesblue42]

Is SteveReinharz guilty of of Malicious intent?

Deliberately Misleading Investors $aitx
pic.twitter.com/f5CFhKS1GV

— Mr.X Poll (@MrXPoll) March 8, 2024

Has Ceo Steve Reinharz FLAT OUT LIED to AITX Investors??

https://www.marketwatch.com/press-release/aitx-s-rad-updates-profitability-and-financing-outlook-3a90acd1?mod=mw_quote_news_seemore

In conjunction with its strategic financial planning and in anticipation of achieving operational profitability, AITX has made the decision to increase its authorized share count from 10 billion to 12.5 billion. This proactive measure is designed to ensure the Company has the necessary flexibility to support its continued growth, fund operational needs, and optimize its capital structure in line with its ambitious business objectives. The decision to adjust the share count reflects AITX's commitment to maintaining a robust financial foundation while pursuing opportunities that enhance shareholder value and accelerate the Company's path to potential profitability.

Reinharz elaborated on this strategic decision, stating, "Increasing our authorized share count is a calculated step towards achieving profitability and more. Ultimately, we believe it's a bargain to trade the potential of an additional 25% shares with growth that we have already proven we can achieve -- now it's about growing the momentum even further."