What's Going On With Fobi Corporate?
Fobi Corporate (FOBIF) stock rose today after the company announced many positive catalysts, including uplisting to the Toronto Stock Exchange and the potential to apply for listing on the NASDAQ. Despite some setbacks from COVID-19, the company was still able to successfully test several pilot programs to its international retailers. Shares of the company were trading higher 7.48% to $0.936 a share on Friday.
What Does This Mean For Fobi Company?
"Despite the challenges presented by the pandemic in getting our pilot tests adequately evaluated by our major international retailers, I am happy to report that multiple pilots have successfully made it over the finish line and that 2021 is on track to be the year Fobi becomes a major global player in the world of real-time data analytics. Add to this our most powerful balance sheet ever, Tier-1 global partnerships, a rapidly expanding executive team of industry stalwarts and the acquisition of Passcreator, I can unequivocally report that Fobi is in the strongest position it has ever been and that shareholders will realize its benefits far beyond 2021," said Fobi CEO Rob Anson.
Fobi Ai Inc., a technology company, engages in the development of automated artificial intelligence marketing platform for bricks and mortar retailers.
FOBIF has a Short-Term Technical Rank of 71. Find out what this means to you and get the rest of the rankings on FOBIF!
Loop Insights is a Vancouver-based technology company that has developed a proprietary platform that harnesses the power of AI to deliver retail insights to brands and brick and mortar businesses. The company's IoT device, Fobi, provides retailers the ability to leverage their sales data and make data-driven decisions in real-time while also delivering new direct-marketing opportunities to brands.
