Verses AI Inc (VRSSF)

[Capt_Smith77]

They didn't mention anything about allocation for contracts, in the filing with the SEDAR; if they did I missed it. A chunk of its intended for the benchmarks, which have already been delayed and taking forever. Roughly 10% of the amount is allocated to the two co-founders of the company.

As for Intermap, based on their market cap, I'm assuming that the hundreds of millions in expected revenues from InsitePro never amounted to anything; kind of like those monster mapping service contracts from years back expected to have huge payouts.

I can only assume that because they're seeing more contracts in the present, that there's a likely need for hardware upgrades and possibly even additions to the fleet. I'm not an aircraft expert, but I know that they're not cheap to maintain and operate.

As for their CEO, I know there are plenty of investors that have had little use for him over the years.... assuming its the same guy.