Replies to post #52272 on Artificial Intelligence Technology Solutions Inc (AITX)

[JustJack]

Why does it take until 2022 to get these orders out? and it doesn't say they are firm orders.

The Company received pre-order letters of intent from dealers and end users for 76 ROAMEO units that represents approximately $320,000 in monthly recurring revenue. The Company is working to turn these pre-orders into firm orders with an expectation that conversions could begin in the first quarter of the new fiscal year ended February 28, 2022. It is expected that ROAMEO production ramp-up time will take at least two quarters during fiscal 2022 to fulfill converted pre-orders.