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VIDEO – CEO’s $1 Million $FOBI Investment YTD Bolsters Confidence Following Remarkable Q3 Revenue and Q4 Outlook

Posted by AGORACOM-JC at 4:45 PM on Thursday, June 15th, 2023

Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) has released a mid-year corporate update highlighting several significant initiatives and achievements.

Insider Buying and Warrant Exercises: Fobi has received over $1 million in insider buying and $300,000 in recent warrant exercises, demonstrating strong shareholder confidence in the company’s growth strategies. CEO Rob Anson personally invested over $1 million in the company year-to-date.

Record Q3 Revenues and Guidance: Fobi reported record Q3 2023 revenues of $1,255,093, a 298% year-over-year increase and a 151% sequential increase. The company’s guidance for Q4 2023 indicates confidence in hitting revenue targets.

M&A Success and Growth: Fobi’s strategic M&A activities have contributed to its record revenue. The acquisition of Passworks and the appointment of Colby McKenzie as Chief Revenue Officer are expected to accelerate growth and drive further acquisitions in the second half of 2023.

Strengthening Senior Management Team: Fobi welcomed Jason Tong as the new CFO to support its expanding team and evolving business trajectory. David Nicholls, a former Anheuser-Busch InBev executive, joined as VP of Liquor Beverage, enhancing Fobi’s senior management team and liquor beverage strategy.

Largest Recorded Revenue Deal: Fobi signed a $10 million licensing agreement with BevWorks Brands, the company’s largest recorded revenue deal. Fobi’s technology solutions will support BevWorks’ growth strategy in consolidating independent beverage manufacturers.

Wallet Pass Success and Enterprise Opportunities: Fobi’s wallet pass technologies, particularly through its subsidiaries Passcreator and Passworks, have driven revenue growth. The company is expanding beyond its traditional DIY-focused platform and seeing increased interest from larger-scale enterprise customers.

Qples Achievements: Qples, a subsidiary of Fobi, has seen significant growth in providing in-store mobile advertising solutions and digital media solutions. The launch of AI-8112 Universal Digital Coupons and the increase in client growth have been notable milestones.

Global Brand Exposure: Fobi gained significant brand exposure during the RBC Canadian Open, thanks to an epic finish and “incident” involving Fobi partner Adam Hadwin.

Overall, the mid-year update highlights Fobi’s financial success, M&A activities, strategic appointments, and global brand exposure, showcasing the company’s progress and growth in the AI and digital transformation space.

Now sit back, relax and watch this powerful interview with $FOBI CEO Rob Anson.

 

VIDEO – Fobi To Acquire Portugal Based Digital Wallet And Mobile Marketing Company, Brings Tier-1 Clients and Immediate Revenue

Posted by AGORACOM-JC at 5:52 PM on Wednesday, December 8th, 2021
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FOBI AI is a global leader in digital wallet pass technology that delivers real-time data analytics and engagement through artificial intelligence to drive customer activation and engagement in stores, stadiums, arenas, hotels and other large venues around the world.  

More than just lip service, these are just a sample of the major milestones reached by $FOBI as of the end of November:

  • 293% Increase In First Quarter Revenue 
  • Signed Agreement With Caddle, Canada’s Largest Mobile-First Insights Marketplace App To Target And Engage CPG Brands and Grocery Retailers
  • Signed Deal to Provide Digital Vaccination and Testing Verification Solution for Sammy Hagar’s Sold Out Shows at The STRAT Hotel, Casino & SkyPod in Las Vegas
  • Signed CheckVax(TM) Deal With the University of Nevada, Las Vegas for Men’s and Women’s NCAA Basketball Games
  • Closed Acquisition of PassWallet
  • …. and so much more

The company released it’s Q1 (ending Sept 30) results with a 293% increase in first quarter revenue.

  • Revenue increased substantially from $147,533 in Q4 to $580,317 in Q1.

But wait, that’s not all…

Fobi Announced Signing Of Amazon Fulfillment And Business Seller Agreement.

By joining Amazon Business, Fobi immediately reaches over 5 million business customers in nine countries: a network that Fobi is very proud to now be included in. Fobi will now generate additional revenue through hardware, products and services sold on Amazon Business.

And if that is not enough…

The Company signed LOI To Acquire Passworks, A Portugal Based Leading European Digital Wallet And Mobile Marketing Company With Tier-1 Global Clients

Rob Anson, Fobi CEO stated : “Acquiring Passworks will not only enable us to further accelerate our business strategy as we consolidate the wallet pass industry, but it will also provide us with direct and immediate access to very valuable customers, with additional operational capacity and provide further immediate revenue. This strategic acquisition of Passworks represents another key step for us in terms of achieving our goal of becoming a global mobile Wallet pass leader.”

Sit back, relax and watch this powerful interview with CEO Rob Anson.

VIDEO – Fobi AI To Acquire PassWallet, A Leading Android Wallet Pass Issuer With 6M+ Downloads

Posted by AGORACOM-JC at 4:32 PM on Thursday, October 7th, 2021
Fobi AI Inc.

FOBI is a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement in the brick and mortar space.  From that core technology they have built a technology stack on top of it that is second to none.

They have created multiple successful applications that, for the purposes of this interview, includes their venue management platform that has been deployed at multiple NCAA tournaments, a recent MGM Resorts Championship PGA Event in Las Vega and most recently signed a deal to bring their venue management solutions to the Canadian Hockey League, the world’s largest development hockey league with 9 Million Fan Visits in 2019.  

In this interview we discuss today’s news: Fobi Announces Acquisition of PassWallet, A Leading Android Wallet Pass Issuer With 6,000,000+ Downloads. Deal To Provide Near-Term and Long-Term Revenue Growth

How important is this acquisition? CEO Rob Anson says it best: 

“This represents a key achievement for Fobi and its shareholders. This acquisition of PassWallet positions Fobi as an up and coming leader in the digital wallet space. The company has made great strides this year and this key strategic development positions us extremely well, enabling us to leverage and monetize on a standard ARPU model (average revenue per user). With over 6 million downloads currently, management believes that by leveraging our artificial intelligence and data solutions as well as the integration of Fobi’s marketing power together with the global wallet pass growth rates, that this number will grow significantly in 2022. Coupled with further untapped opportunity and an addressable market of over 150 countries that are currently not serviced by Google Pay, management anticipates that with this acquisition Fobi is now well positioned to expand into the FinTech space.” 

Sit back and watch this powerful interview with CEO Rob Anson AND… Fobi SVP of Corporate Strategy & Corporate Development Richard Lee.

VIDEO – Fobi Is A Global Leader in Providing Real-Time Data Analytics Through Artificial Intelligence to Drive Customer Activation and Engagement

Posted by AGORACOM-JC at 4:35 PM on Friday, September 24th, 2021
Fobi AI Inc.

FOBI is a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement in the brick and mortar space.  From that core technology they have built a technology stack on top of it that is second to none.

They have created multiple successful applications that, for the purposes of this interview, includes their venue management platform that has been deployed at multiple NCAA tournaments, a recent MGM Resorts Championship PGA Event in Las Vega and most recently signed a deal to bring their venue management solutions to the Canadian Hockey League, the world’s largest development hockey league  With 9 Million Fan Visits in 2019. 

In this interview we discuss not 1 but 3 great press releases: 

Sit back and watch this powerful interview with CEO Rob Anson.

VIDEO – Fobi AI & Draganfly Join Forces To Create Automated COVID Venue Management Solution That Uses Phone To Checks Guest Vitals & Entire Check-In Process

Posted by AGORACOM-JC at 4:06 PM on Thursday, September 23rd, 2021
Fobi AI Inc.

“I called BS when I first heard about Draganfly’s ability to use my phone’s camera to check all of my vital signs … but when I saw it I was blown away”  ($FOBI CEO Rob Anson)

“Fobi has built the best venue management systems for conferences & events in the world.  We’re honoured to be integrated with them”  $DPRO CEO Cameron Chell

If you’re a shareholder of one of these companies, here is what you need to know about each that makes this technology partnership so powerful:

DRAGANFLY is the creator of cutting-edge drone solutions, software and AI systems that revolutionize the way organizations can do business.  Recognized as being at the forefront of drone technology for over 22 years, Draganfly is an award-winning, industry-leader with TIER-1 clients serving industries such as law enforcement, public safety, agriculture, industrial inspections, mapping, and surveying markets.

They have created multiple successful applications that, for the purposes of this interview, includes their Vital Intelligence products that have been game-changers for universities, corrections facilities, sporting events and large scale conferences over the course of the past 18 months.  Why?  Their software can measure visitors’ vital signs like temperature, cough, and respiratory rate through the camera on your phone or on their drones. 

FOBI is a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement in the brick and mortar space.  From that core technology they have built a technology stack on top of it that is second to none.

They have created multiple successful applications that, for the purposes of this interview, includes their venue management platform that has been deployed at multiple NCAA tournaments, a recent MGM Resorts Championship PGA Event in Las Vega and most recently signed a deal to bring their venue management solutions to the Canadian Hockey League, the world’s largest development hockey league  With 9 Million Fan Visits in 2019

TOGETHER they combined forces in this press release “Fobi Announces Draganfly’s Vital Intelligence Smart Vital System Now Available in Fobi’s Venue Management System for Conferences & Events”.

How big is this combination and how confident are they in its success?

Very.

Watch this powerful interview with FOBI CEO, Rob Anson and Draganfly CEO Cameron Chell to find out exactly.

VIDEO – FOBI AI Channel Partnerships With Shopify and Lightspeed + Anticipated Pilot News Set The Table For Big 2021 Finish

Posted by AGORACOM-JC at 5:13 PM on Tuesday, September 7th, 2021
Fobi AI Inc.

FOBI AI is a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement for enterprise level retailers.

More than just lip service, these are just a sample of the major milestones reached by $FOBI as of the end of July:

  • Strategic Alliance with global data leader – NeilsonIQ – to “Transform Retail Sector”
  • A partnership with NTT DATA, a top-ranked global IoT services company, and subsidiary of Nippon Telegraph and Telephone, the world’s 4th largest telecom company, ranked 55th In Fortune Global 500. 
  • Approved for Oracle Partner Network
  • Pilot Projects with Sobeys, TELUS, Certas and other national level retailers
  • Multi-Year Direct Seller Agreement With TELUS, in which TELUS resells FOBI solutions to national business customers….
  • and so much more

But if this wasn’t enough $FOBI announced the following in the last 10 days while the rest of us were on vacation:

FOBI Completes Integration With Lightspeed To Provide Real-Time POS Data Aggregation And Analytics To Lightspeed Customer

  • Lightspeed has 140,000 “real world” point of sale customers that generated $30 BILLION in transactions last year

FOBI Completes Shopify Integration With The Launch Of The Fobi App And Now Live In The Shopify App Store Offering Real-Time Data Analytics Solution To Over 1.7 Million Global Retailers

  • Shopify has 1.7 Million e-commerce customers that generated $120 BILLION is gross merchandising volume last year

Investors who were excited by the announcements may have even further cause to celebrate following this interview with CEO Rob Anson.

VIDEO – FOBI AI Anticipated Major Deals, Revenues and Partnerships In 2021 Set The Table For Uplisting To Major Exchange By Q4

Posted by AGORACOM-JC at 4:10 PM on Friday, July 16th, 2021
Fobi AI Inc.

FOBI AI is a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement for enterprise level retailers. 

More than just lip service, these are just a sample of the major milestones reached by $FOBI over the past 9 months: 

  • Strategic Alliance with global data leader – NeilsonIQ – to “Transform Retail Sector”
  • A partnership with NTT DATA, a top-ranked global IoT services company, and subsidiary of Nippon Telegraph and Telephone, the world’s 4th largest telecom company, ranked 55th In Fortune Global 500. 
  •  Approved for Oracle Partner Network
  • Pilot Projects with Sobeys, TELUS, Certas and other national level retailers
  • Multi-Year Direct Seller Agreement With TELUS, in which TELUS resells FOBI solutions to national business customers
  • …. and so much more

Earlier today, $FOBI announced a Corporate Update Includes Completion Of Several Pilot Tests Now In Advanced Terms Negotiations, $10.42M in Funding And Uplist To Major Exchange.

Investors who were excited by the announcement may have even further cause to celebrate following this interview with CEO Rob Anson.

VIDEO – TELUS Upgrading Partnership With Loop Insights $MTRX.ca $RACMF To Direct Reseller Sends Strong Message To Loop Telco Prospects Around The World $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca

Posted by AGORACOM-JC at 5:14 PM on Wednesday, May 26th, 2021
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On December 3rd 2020, Loop Insights announced “The launch of a second product into the TELUS (T:TSX; TU:NYSE)  IoT Marketplace for national sales and marketing To TELUS Business Customers.”   

This came less than 50 days after Loop announced the acceptance of its first product into the TELUS IoT Marketplace.  

To say the partnership between Loop Insights and one of Canada’s largest telecommunications companies ($15.5 billion in annual revenue in 2020 and 16 million customer connections) was an understatement. 

BUT THAT’S NOT ALL 

Earlier today Loop announced TELUS Upgrades Loop Insight Partnership Status From IoT Marketplace To Direct Reseller In Multi-Year Agreement. TELUS To Directly Resell Loop Solutions As A TELUS Product To National Business Customers. Though this last step took over 6 months, it is also the biggest possible step placing Loop Insights at a pinnacle that very few small cap companies ever see. 

How big is this partnership upgrade with TELUS and what does it mean for both domestic business and global partnerships? 

Watch this great interview with Loop CEO Rob Anson.

ThreeD Capital Inc. $IDK $IDKFF Announces Unaudited April 30, 2021 Net Asset Value Per Share – $1.22 $GMBL $MTRX.ca $RACMF $IP.ca $IPNFF

Posted by AGORACOM-JC at 7:23 PM on Monday, May 17th, 2021
IDK-square-for-blog
  • Announced as of April 30, 2021, its unaudited net asset value per share was $1.22
  • Announcement is made based on ThreeD’s newly established practice of releasing NAV on a monthly basis as part of the Company’s ongoing response to shareholder interest in receiving periodic information

TORONTO, May 17, 2021 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at April 30, 2021, its unaudited net asset value per share (“NAV”) was $1.22.

This announcement is made based on ThreeD’s newly established practice of releasing NAV on a monthly basis as part of the Company’s ongoing response to shareholder interest in receiving periodic information. NAV is calculated based on unaudited month-end financial information.

Use of Non-GAAP Financial Measures:

This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable GAAP financial measure presented in ThreeD’s consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure. The Company believes that the measure provides information useful to its shareholders in understanding the Company’s performance, and may assist in the evaluation of the Company’s business relative to that of its peers. This data is furnished to provide additional information and does not have any standardized meaning prescribed by GAAP. Accordingly, it should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP, and is not necessarily indicative of other metrics presented in accordance with GAAP. Existing NAV of the Company is not necessarily predictive of the Company’s future performance or the NAV of the Company as at any future date.

VIDEO – Loop Insights $MTRX.ca $RACMF To Become Official Tech Partner to $2.7B Resort and Arena Project In Las Vegas $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca

Posted by AGORACOM-JC at 5:53 PM on Tuesday, May 11th, 2021
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Loop Insights (MTRX: TSXV) (RACMF: OTCQB) announced the signing of an LOI with All Net LLC to provide a custom technology stack that will power the All Net Resort and Arena Project.

What is the All Net Resort and Arena Project?

A new $USD 2.7 Billion entertainment venue in Las Vegas. A non-gaming, business and family-friendly destination that is situated in the heart of the strip and will include but is not limited to:

  • 23,000 seat multi-purpose arena with a retractable roof
  • 500-room 5 star, all suite luxury Spa Hotel
  • 2,000-room hotel tower
  • 250,000 sq. ft. convention center
  • 350,000 sq. ft. food and retail plaza with exclusive retail shops
  • World-class restaurants and nightclubs
  • 2,500-seat dinner show room
  • and more

At the core of the partnership will be Loop’s real-time AI data intelligence and digital wallet platform.

What did CEO Rob Anson have to say?

“The All Net Resort and Arena is going to be a truly revolutionary entertainment complex. The $2.7 billion project is situated on a 27-acre parcel just across from the Las Vegas Convention Center consisting of multiple world-class venues, the size and scope of which signals another big win for Loop in the sports and entertainment venue capital of the world. Partnering from the ground up means Loop will provide digital innovations and truly personalized visitor experiences that are second to none.”

The proposed partnership will strengthen Loop’s leadership position in the Venue Management, Data Analytics and Customer & Fan Engagement areas.  The deal is expected to formalize before the end of June.

Sit back, relax and watch this powerful interview with Loop Insights CEO Rob Anson.