Replies to post #65268 on Artificial Intelligence Tech Solutions Inc (AITX)

[JustJack]

There is no verified number publicly showing how many residential RADCam units have actually been sold yet Steve keeps spending money on this device.

Steve loves yelling about sales and deployments but there have been no reports of sales.

This market is dominated by R I N G and others and RAD has no business wasting shareholders funds tying to compete.

How many have been sold on Amazon or at Walmart? 🤣

Did you know Steve wasted shareholders funds on 1 million MAC addresses telling shareholders that there would be that much demand.

I call that FLUFF BS to help DILUTE shares BUT DO YOUR OWN DD on this share selling scheme.

(RAD-R), today announced the launch of its redesigned website, radcam.ai, offering an enhanced digital experience centered on RADCam™ and a streamlined path from product discovery through purchase. The updated platform reflects RAD-R's continued focus on expanding its presence in the residential security market and supporting direct to consumer engagement through a more intuitive and performance driven online experience.

[JustJack]

Revenue for the fiscal year was $7.75 million... operating expenses remained essentially flat at $17.5 million.

They spend $17.00 to bring in $7.75 🤣

Read that again and then you will realize that they need to raise $10 million dollars a year more then they bring in.

Where will they get those funds?

DILUTION, massive DILUTION, on the backs of shareholders.

Is this great news Zen?

[JustJack]

You are not even close to "Operational Cash Flow" but if you keep saying it maybe people will buy the shares you DILUTE! 🤣

For AITX to reach true positive operational cash flow, the business has to cover roughly $17.5M of the operating expenses they just reported today in the filing. (and likely more).

They reported $7.75M in sales and that is short 10 million dollars of what they need and it is even a lot more.

Let’s break it down.

1. What “positive operational cash flow” actually means

For Artificial Intelligence Technology Solutions, Inc.:

Operational cash flow = cash coming in from operations – cash going out to run the business

If expenses are ~$17.5M, then:

They need ~$17.5M+ in gross profit (not just revenue) to break even

Realistically, they likely need more than $17.5M revenue, because:

Cost of goods (hardware, installation, support) reduces margins

👉 So yes — they don’t just need $17.5M in revenue, they need enough profit to offset $17.5M in expenses.

What would it actually take?

Let’s simplify:

If:

Expenses = $17.5M

Assume 60% gross margin (optimistic for this type of business)

They would need roughly:

~$29M in revenue to break even

If margins are lower (say 40%):

They’d need ~$44M revenue

👉 That’s the real hurdle — not just revenue, but profitable recurring revenue at scale.

Bottom line

You’re right to question it

Yes, they effectively need to cover that $17.5M (through profit, not just revenue)

The CEO is saying they are close out of one side of his mouth BUT out of the other side he should tell the truth and say they’re NOT near it

Because at current levels:

They are not close to break-even

They likely need:

2×–4× more revenue, depending on margins

And importantly, higher-margin recurring revenue, not just more hardware sales

The scale of the challenge:

Growing from $7.75M ? ~$30M+ (realistic break-even zone)

While maintaining/improving margins

Without letting expenses rise further

That’s a big climb, not a small step.

Don't believe me and prove me wrong as this is just my opinion from what I see in the filings and what Steve spews from his mouth.

Do your own DD while the CEO DILUTES this into the ground for the third time.

[JustJack]

Ongoing losses + heavy share issuance (DILUTION) — is a very important signal, and shareholders are right to focus on it with Artificial Intelligence Technology Solutions, Inc..

Here’s what it typically means in plain terms:

1. What “massive dilution” is really telling you

If they’re funding operations by issuing shares:
They are not generating enough cash internally
They likely don’t have access to cheap debt financing
So the fallback is: 👉 sell equity to survive
That’s not unusual for early-stage companies (BUT they have been around for well over 10 years now) — and the scale and duration matters a lot.

2. The math problem it creates for investors

Even if the business improves:
Every new share issued = your ownership % shrinks
Future profits (if they ever arrive) are split across a much larger share count
So you can get this situation:
Business improves ✔️
Revenue grows ✔️
Stock still struggles ❌
Because dilution offsets the gains.

3. Why it becomes a cycle
This is the real risk pattern:
Losses continue
Company issues shares to raise cash
Share count balloons
Stock price weakens
They need to issue even more shares to raise the same money
👉 That’s a dilution spiral

The blunt reality
At current levels (based on the filings):
$7.75M revenue vs $17.5M expenses
Ongoing dilution
This suggests:
👉 The business is still being funded externally, not by customers

Bottom line
Shareholders are currently funding the gap

[JustJack]

Hmmm.. Did they really apply for OTCQB?

Is this the same story shareholders have heard many times and it never happened?

It's just a story to help DILUTE SHARES! 🤣

Artificial Intelligence Technology Solutions, Inc.(AITX) (OTCID: AITXD) (the "Company"), a global leader in AI-driven security and productivity solutions for enterprise clients, today announced that it has filed an application to uplist its common stock to the OTCQB Venture Market

They need to have 2 active independent directors in place before the application. AND THEY DO NOT!

The two independent directors must be:
- Appointed
- Active
-Meeting independence criteria

before approval (and effectively before/at application submission).

[JustJack]

Why is the CEO afraid to “actually” uplift to OTCQB?

Good question — and the answer is pretty revealing.

Many “suspect” OTC companies could try to move to the OTCQB Venture Market but choose not to because it forces a level of transparency and discipline they often want to avoid.

Here are the real reasons 👇

I like #3, #6 and #7 myself.🤣🤣🤣
________________________________________
🔍 1. They don’t want stricter disclosure
The OTC Markets Group requires:
• Current, verified financials
• Annual management certification
• Ongoing disclosure standards
👉 Problem:
• Some OTC companies have:
o Weak accounting
o Aggressive revenue recognition
o Related-party transactions
Moving up means:
• More eyes on the numbers
• Higher risk of being exposed
________________________________________
👥 2. Independent directors = real oversight
To qualify, they must add 2 independent directors.
👉 That creates risk for questionable operators:
• Independent directors can:
o Challenge management
o Block shady deals
o Demand proper governance
Some CEOs prefer:
• A “friendly” or controlled board
• Minimal pushback
________________________________________
💸 3. It can restrict dilution practices
A lot of lower-tier OTC companies rely on:
• Heavy share issuance
• Convertible debt (“toxic financing”)
OTCQB doesn’t ban this, but:
• It becomes more visible
• It can hurt their eligibility or reputation
👉 So:
• Staying lower-tier = easier to keep diluting quietly
________________________________________
📉 4. They may not meet the requirements anyway
Some simply can’t qualify, due to:
• Stock price below $0.01
• Not current in filings
• Shell company status
• Poor financial condition
Instead of failing publicly, they:
• Avoid applying altogether
________________________________________
💰 5. Cost and effort
Uplisting isn’t free:
• Legal/accounting costs
• Application & annual fees
• Time and compliance burden
👉 For a legit company: worth it
👉 For a weak one: not worth the scrutiny
________________________________________
🎭 6. They rely on hype, not fundamentals
Some OTC stocks trade on:
• Press releases
• Promotions
• Retail speculation
Moving to OTCQB:
• Shifts focus to real performance
That can:
• Kill the story
• Hurt the stock price
________________________________________
🚨 7. Risk of failing and losing credibility
If they apply and get rejected by the OTC Markets Group:
• It’s a bad signal to investors
• Raises red flags instantly
So they avoid the risk entirely.
________________________________________
🧠 Bottom line
“Suspect” OTC companies often avoid OTCQB because it forces:
• Transparency
• Independent oversight
• Cleaner financials
• Reduced ability to manipulate the stock
👉 In short:
OTCQB limits the very behaviors that make some OTC companies “suspect” in the first place.

[JustJack]

4 years ago and many times since Steve has said he wanted to up-list AND NEVER DID. 🤣🤣🤣

June 2022 — First OTCQB application

Artificial Intelligence Technology Solutions, Inc. announced it had applied to uplist to OTCQB from OTC Pink:

“applied to upgrade… to the OTCQB market”

CEO said he hoped they would “get through the process quickly”

👉 Outcome:

Did not complete / did not get approved

SINCE THEN HE HAS DILUTED BILLIONS AND BILLIONS of SHARES.

DO NOT believe me and Do your own DD

[JustJack]

How long does OTCQB approval/rejection take?

For the OTCQB Venture Market via the OTC Markets Group:

Typical timeline:
~2 to 6 weeks ? if everything is clean and complete
Up to 8+ weeks ? if there are questions or deficiencies

CEO Steve just posted a "PUMP" and gave himself 6 to 8+ weeks. 🤣

------------------------------------

If Artificial Intelligence Technology Solutions Inc has not clearly disclosed 2 independent directors, that’s a major red flag because:

It’s a hard requirement
Not optional
Not something OTCQB waives

👉 If they don’t have them:

The application would either:
Be rejected
Or never progress

-----------------------------------------------------

Rejections are usually NOT publicly announced

If a company is rejected:

OTC Markets does not issue a press release
The company is not required to disclose it
Many companies simply go silent

👉 So you often won’t see “we were rejected” news

[JustJack]

Just a recap of this share selling scheme, if you are new here or looking in on this PIG 🤣

Reverse Splits

Capital Change=shares decreased by 1 for 500 split 2015

Capital Change=shares decreased by 1 for 100 split 2018

Capital Change=shares decreased by 1 for 10000 split 2020

After the above reverse split there were 400,000 shares in the OS and the CEO ran it up to 27.4 BILLION Shares thus needing ANOTHER Reverse Split

Capital Change=shares decreased by 1 for 100 split 2026

New OS 274 million shares at time of RS

He has since RAMPED up the DILUTION faster than at anytime in the company history.

Today 318 million shares and climbing. 🤣

DO YOUR OWN DD

[JustJack]

Steve's new robot RadCash printing more shares to DILLUTE. 🤣🤣🤣

[JustJack]

Hmmmm.

Their company was at the ISC West 2026 tradeshow.

Joshua Parsons
Founder & CEO of Watchful — Building crime fighting security agents | Based in Austin, TX 🇺🇸 🇳🇿 — Helping to stop crime since ages ago.Founder & CEO of Watchful — Building crime fighting security agents | Based in Austin, TX 🇺🇸 🇳🇿 — Helping to stop crime since ages ago. 5mo • Edited •
5 months ago •

Edited • Visible to anyone on or off LinkedIn

I’ve stayed quiet for a long time about Robotic Assistance Devices(RAD) and AITX - but their recent press release, “AITX’s RAD Reveals Amazon’s AWS Involvement in SARA Development,” finally made me speak up. Shout out to Sonny Tai, an industry GOAT (who has since moved on), for initially raising the red flag.

As someone who builds AI-driven monitoring systems every day, I find it deeply concerning to see a public company using supplier relationships as shareholder news. AWS is an infrastructure provider, not a co-developer. Presenting it otherwise misleads both investors and the wider industry.

Unfortunately, this isn’t an isolated incident. Public filings show ongoing poor financial performance while the company continues to issue optimistic PR about vendor relationships and minor event appearances. Recently, their LinkedIn event promotions even mirrored The Monitoring Association's official OpsTech branding - creating the impression that AITX/RAD was running the event rather than simply appearing on a short panel.

Then came their “live demo,” which used ChatGPT’s conversational model output (ending with “let me know if you need anything else”) to simulate an intelligent response system.

For those who build real products, that’s a red flag. Whisper - the underlying OpenAI voice model, doesn’t behave that way. It’s the difference between a true integration and a prompt dressed up as a product.

Shareholders who invested early in AITX/RAD have been misled by the CEO, Steven Reinharz. This information - about raises and his remuneration - is ALL PUBLIC, AITX/RAD is publicly traded. Reddit forums only further validate significant shareholder dissatisfaction.

The security industry deserves better. Most of us are building authentic technology and doing it honestly. Hype and misrepresentation might drive clicks in the short term, but they erode trust for everyone. Let’s hold ourselves - and each other - to higher standards.

The issue that I have with AITX/RAD in particular, is the ease in which they are willing to be dishonest.

Thankfully, 99% of our industry are honest. AITX/RAD is not one of those organizations, and I would not go out of my way to publicly share this if I was not prepared to fall on my laurels in defense of our industry.

Full disclosure: We DO NOT compete with AITX/RAD. They have a channel strategy, we have an end user strategy.


https://www.linkedin.com/posts/joshua-parsons-1555a915a_ive-stayed-quiet-for-a-long-time-about-robotic-activity-7391659475146821632-f0YF/

[JustJack]

I can post one of these every day for 365 days and not run out of FLUFF BS that the penny stock CEO promised and IT NEVER HAPPENED.

This from 2024. 🤣

How many have you sold Steve? ZERO?

Steve Reinharz
@SteveReinharz
·
Jun 20, 2024
$AITX 👮🚨 RADDOG LE2 progress (remember we're looking to build/sell 100 starting in the fall 👍👍👍). More on this later but heads up I may have a fun video out later this evening or tomorrow to combat dumbness from a different video ❤️ #cantstepwontstop

[JustJack]

IMO this will hit the .02s sooner than Steve thought.

.0301 low today.

From another board.

Welcome to the 2's today. This OTCQB "application" will take longer than normal (just like last time) This will get under .01 before their "application" is approved (just like last time). and pooof. no uplist. Same game as all the previous times. Rinse Repeat. Dilute and sell worthless shares to naive noobs and iditots.

it’s bigger than last time. It took 6 years to reach 27.5billion shares…. Steve has already diluted over 6 billion shares in 5 weeks… so that’s almost the same amount as 7 months worth of dilution last year… this thing is dead. Bleeding out like a thieving pig… 😂 newbies…. Don’t buy. Don’t fall for the trap. Move on and save instantly

but the true sign that Steve is the worst ceo in history is… he needs billions more shares to stay open for another 3 years and maybe then… they might make 20mil a year. 😆😅😂😅

[JustJack]

Steve and the VP of BS wondering why the DILUTION machine isn't working today! 🤣🤣🤣

[JustJack]

When will you STOP DILUTING Steve?

You SCAMMY penny stock CEO.

This POS hit .02 today and will be at .01 in NO TIME! 🤣

The following picture is NOT edited and the words are from the LIPS of the CEO.

[JustJack]

Just to re-cap what the Scammy penny stock CEO said in a press release and then did.

"the proposed authorized share increase was no longer necessary" AND Canceling the increase reflects our ongoing efforts to responsibly manage the Company's capital structure while we remain focused on executing our operational plan."

TOTAL AND UTTER BS while DILUTING this into the ground..

Steve Reinharz, CEO/CTO and founder of AITX, commented, "With the reverse split now completed, we determined that the proposed authorized share increase was no longer necessary. Canceling the increase reflects our ongoing efforts to responsibly manage the Company's capital structure while we remain focused on executing our operational plan."

YET IF HE DID NOT REVERSE SPLIT he would have had to increase the Authorized Shares from 27.4 Billion shares to 36 BILLION SHARES 🤣

Steve will never up-list as long as he can get away with lies like this in the OTC.