Convertible Promissory Notes (Toxic) The notes are secured by all assets of AITX and its subs — they literally mortgaged the entire company to access this cash.
So much for the Ask me anything bs pay CEO got $1.5 million cash compensation this ""quarter!""" Has an additional $ 4 milly incentive package payable in “Series G” shares
10q Total Debt & Liabilities: Total Liabilities: $59.86 million Stockholders’ Deficit: -$50.51 million (got even worse) deeply insolvent on paper. Wow
How about actually reading the 10Q? It's a nightmare.