Replies to post #65398 on Artificial Intelligence Tech Solutions Inc (AITX)

[JustJack]

They secured funding of $700,000.00 so Steve will take an extra $700,000.00 bonus this year 🤣 and DILUTE THE CRAP out of this for the rest of year. 😄🤮

Univest Securities, LLC Announces Closing of $700,000 Private Placement for its Client Artificial Intelligence Technology Solutions Inc. (OTC: AITX)

[JustJack]

Steve just took on $700,000.00 in debt BUT WHO CARES when one is so far in debt anyways. 🤣

Artificial Intelligence Technology Solutions Inc. (AITX) appears to be carrying a very heavy debt and liability load relative to its size and revenue.

Key recent figures:

Total debt: about $32.8 million USD for the latest annual reporting period.
Total liabilities: roughly $58–60 million USD.
Cash on hand:
Around $866K at Feb. 2025 year-end.
Dropped as low as about $144K by Nov. 2025 according to later filings/discussions.
Shareholders’ equity is deeply negative:
About -$49 million USD, meaning liabilities exceed assets by a large amount.
Operating losses continue:
Roughly $18.9 million net loss in FY2025.
Market cap:
Only about $9.3 million USD recently, which is far below its liabilities.

[JustJack]

One of the biggest concerns investors raise is that AITX has historically funded operations through:

- debt,
- related-party loans,
- and issuing large numbers of shares (dilution).

Financially, it is still considered highly speculative and distressed by most conventional measures.

A particularly concerning metric:

Altman Z-Score around -29.6, which is an extreme distress indicator.

So in simple terms:

AITX is not just “in debt”; it is operating with a balance sheet that many analysts would classify as financially stressed or potentially insolvent unless growth and financing improve substantially.

[JustJack]

Share Structure History

or as I like to call it HOLY CRAP MASSIVE DILUTION! 🤣

05/21/2026 375,232,589 added 6,002,282 +1.63
05/20/2026 369,230,307 added 7,637,625 +2.11
05/12/2026 361,592,682 added 8,697,761 +2.46
05/08/2026 352,894,921 added 8,285,000 +2.40
05/05/2026 349,609,921 added 5,000,000 +1.45
05/04/2026 344,609,921 added 8,000,000 +2.38
04/28/2026 336,609,921 added 5,000,000 +1.51
04/21/2026 331,609,921 added 13,542,440 +4.26
04/20/2026 318,067,481 added 8,544,009 +2.76
04/01/2026 309,523,472 added 14,100,000 +4.77
03/26/2026 295,423,472 added 7,000,000 +2.43
03/25/2026 288,423,472 added 13,550,625 +4.93
03/19/2026 274,872,847 added +0.00