Milesblue42
3 days ago
QuickCash4Me, you implying SteveReinharz's Resignation??
Post proof or move on. You have hundreds of posts with the same claims. We hear you. You don’t need to post the same info each and every day. If you have proof, report it to the SEC and move on. If you don’t report it, you are just trying to manipulate the stock which is the same thing you accuse others of. If you think posting here makes any difference to anyone purchasing AITX, you may be disappointed to find out it doesn’t really make any difference.
Anything, Anyone, Everything and Everyone except the person signing off on Toxic financing and compensating himself Millions of Dollars.....
If you think posting here makes any difference to anyone purchasing AITX, you may be disappointed to find out it doesn’t really make any difference. Instead of replying with Utterly Useless, Ridiculous, Nonsensical and Deflection filled AITX arguments what was negative? Are you referring to the Market's response to Ceo Steve Reinharz's latest 10Q?
Seems like that time could be better spent doing quality research on a stock that shows promise. Are you saying that Ceo Steve Reinharz should resign?
It appears to me that your AITX arguments are filled with Deflections, all over the place and seemed to have resulted in an utter failure in being able to disprove anything.
Milesblue42
3 days ago
QuickCash4Me, psst SteveReinharz Diluted again. Now 11,303,537,143
Post proof or move on. You have hundreds of posts with the same claims. We hear you. You don’t need to post the same info each and every day. If you have proof, report it to the SEC and move on. If you don’t report it, you are just trying to manipulate the stock which is the same thing you accuse others of. If you think posting here makes any difference to anyone purchasing AITX, you may be disappointed to find out it doesn’t really make any difference.
These boards are only helpful if people post facts they can show proof of. Opinions are just that.
What are you getting out of posting the same negative accusations every day? Seems like that time could be better spent doing quality research on a stock that shows promise.
While we get yet another Completely Useless and Idiotic AITX argument Ceo Steve Reinharz has increased the number of outstanding shares again. Now there are 11,303,537,143 outstanding shares.
Please provide a Non Deflecting AITX argument that makes one ounce of sense. If possible.
Click here for facts
https://www.otcmarkets.com/stock/AITX/security
Milesblue42
3 days ago
ImjinBridger, is SteveReinharz violating SEC Rule-10b-5?
Second time recently we hit .0099. Gotta keep pounding that penny until we break through. Getting retail sales rolling will be a big boost.
https://bnsklaw.com/the-guide-to-securities-fraud-elements-and-sec-rule-10b-5/
The Guide to Securities Fraud Elements and SEC Rule 10b-5
Is securities fraud a criminal or civil matter, and how is it punishable?
Securities fraud can be prosecuted both as a criminal and/or civil matter. Securities and commodities fraud and the related punishments are covered by U.S. Code Section 1328. Specifically, securities fraud can result in a felony conviction and up to 25 years imprisonment and/or the imposition of civil fines (on top of restitution).
What is SEC Rule 10b-5 and when does it apply?
Under the Securities and Exchange Act of 1934, the SEC is the governmental agency responsible for establishing, overseeing and enforcing laws pertaining to securities fraud. SEC Rule 10b-5, states that it is illegal for any person to defraud or deceive someone, including through the misrepresentation of material information, with respect to the sale or purchase of a security. Rule 10b-5 covers instances of insider trading, wherein an insider or executive uses nonpublic information to influence share prices to their benefit:
Employment of Manipulative and Deceptive Practices.
It shall be unlawful for any person, directly or indirectly, by the use of any means or instrumentality of interstate commerce, or of the mails or of any facility of any national securities exchange,
(a) To employ any device, scheme, or artifice to defraud,
(b) To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, or
(c) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person,
in connection with the purchase or sale of any security.
In sum, SEC Rule 10b-5 is applicable to any person that commits securities fraud, i.e., the intentional misrepresentation of material information in connection with securities trading, including insider trading. “Person”, however, is not limited to an individual and includes businesses, corporations, and possibly even governmental bodies.
Is Ceo Steve Reinharz possibly engaging in activities that are in violation of Securities Exchange Commission Rule 10b-5?
Milesblue42
3 days ago
Alexulf, Securities Exchange Commission Rule 10b-5???
Is it possible that AITX Advisory Board member Mivil Deschenes and other AITX insiders are engaging activities that are in violation of Securities Exchange Commission Rule 10b-5?
The dirt-cheap shares are running out smile take a look;
Artificial Intelligence Tech Solutions (AITX)
0.0073 +0.0003 (+4.29%) 11:45 ET [OTC US]
QUOTE OVERVIEW for Thu, May 30th, 2024
Day Low
0.0068
Day High
0.0073
Open 0.0072
Previous Close0.0070
Volume 21,070,199
Avg Vol148,844,984
Conclusion; we are far from the average volume of 148M -
right now we are at a 21M sold.
Still. already UP three points = 4,29%
Meaning if you want to get in now, or re-fill of shares, you have to pay more!
The 0,01 will be passed on third attempt, probably hoover around the new number,
until next rush, might fall back a little bit briefly, still not as before.
BULLISH signals remain strong
https://bnsklaw.com/the-guide-to-securities-fraud-elements-and-sec-rule-10b-5/
The Guide to Securities Fraud Elements and SEC Rule 10b-5
Is securities fraud a criminal or civil matter, and how is it punishable?
Securities fraud can be prosecuted both as a criminal and/or civil matter. Securities and commodities fraud and the related punishments are covered by U.S. Code Section 1328. Specifically, securities fraud can result in a felony conviction and up to 25 years imprisonment and/or the imposition of civil fines (on top of restitution).
What is SEC Rule 10b-5 and when does it apply?
Under the Securities and Exchange Act of 1934, the SEC is the governmental agency responsible for establishing, overseeing and enforcing laws pertaining to securities fraud. SEC Rule 10b-5, states that it is illegal for any person to defraud or deceive someone, including through the misrepresentation of material information, with respect to the sale or purchase of a security. Rule 10b-5 covers instances of insider trading, wherein an insider or executive uses nonpublic information to influence share prices to their benefit:
Employment of Manipulative and Deceptive Practices.
It shall be unlawful for any person, directly or indirectly, by the use of any means or instrumentality of interstate commerce, or of the mails or of any facility of any national securities exchange,
(a) To employ any device, scheme, or artifice to defraud,
(b) To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, or
(c) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person,
in connection with the purchase or sale of any security.
In sum, SEC Rule 10b-5 is applicable to any person that commits securities fraud, i.e., the intentional misrepresentation of material information in connection with securities trading, including insider trading. “Person”, however, is not limited to an individual and includes businesses, corporations, and possibly even governmental bodies.
Is he involved possibly?
https://aitx.ai/mivil-deschenes/
Milesblue42
3 days ago
Alexulf, Social Media and Investment Fraud – Investor Alert???
Could AITX Advisory Board member Mivil Deschenes, Ceo Steve Reinharz and AITX Insiders possibly be engaging in Social Media and Investment Fraud??
https://www.sec.gov/resources-for-investors/investor-alerts-bulletins/social-media-investment-fraud-investor-alert
INVESTOR ALERTS AND BULLETINS
Social Media and Investment Fraud – Investor Alert
Aug. 29, 2022
Fraudsters often use social media to scam investors. The SEC’s Office of Investor Education and Advocacy encourages you to be skeptical and never make investment decisions based solely on information from social media platforms or apps.
Investors increasingly rely on social media for information about investing. While social media can provide many benefits to investors, it also creates opportunities for fraudsters. Social media allows fraudsters to contact many people quickly, cheaply, and without much effort – and it is easy for fraudsters to post information on social media that looks real and credible.
Fraudsters may disseminate false information anonymously or while pretending to be someone else. They may make up credentials, create entirely fake profiles, or impersonate legitimate sources. It can be difficult to track down who is behind a social media account, and anonymity can make it harder for fraudsters to be held accountable.
Is he possibly involved???
https://aitx.ai/mivil-deschenes/
Milesblue42
4 days ago
slicknick617, who funded SteveReinharz's GamingEdge LLC?
Who is Mr Buffalo ? Yeah right
Better question how did Steve Reinharz fund the creation of another company?
https://www.bizapedia.com/wy/gaming-edge-llc.html
Company Name: GAMING EDGE LLC
Entity Type: WYOMING DOMESTIC LIMITED-LIABILITY COMPANY
File Number: 2023-001249952
Filing State: Wyoming (WY)
Filing Status: Active
Filing Date: April 6, 2023
Company Age: 1 Year 3 Months
Registered Agent:
Map Icon spacer Legalinc Corporate Services Inc.
5830 E 2nd St Ste 8
Casper, WY 82609
Principal Address:
Map Icon spacer 10800 Galaxie Blvd
Ferndale, MI 48220
Governing Agency: Wyoming Secretary of State
spacer
Company Contacts
STEVEN ALAN REINHARZ
Organizer
Map Icon spacer 10800 Galaxie Blvd
Ferndale, MI 48220
Milesblue42
4 days ago
Alexulf, Report Suspected Securities Fraud or Wrongdoing???
It is possibly that the Advisory Board Mivil Deschenes and other AITX employees are possibly engaging in an internet campaign of malicious deception?
https://aitx.ai/mivil-deschenes/
If it is suspected that Advisory Board Member Mivil Deschenes, Ceo Steve Reinharz are possibly engaging in United States Securities Exchange violations should they contact the SEC?
https://www.sec.gov/submit-tip-or-complaint/tips-complaints-resources/report-suspected-securities-fraud-or-wrongdoing
Fraudulent or unregistered offer or sale of securities, including things like
Ponzi schemes
Pyramid schemes
High-Yield Investment Programs
Theft or misappropriation of funds or securities
Manipulation of a security's price or volume
Insider trading
False or misleading statements about a company (including false or misleading SEC reports or financial statements)
Failure to file required reports with the SEC
Bribery of, or improper payments to, foreign officials
Fraudulent conduct associated with municipal securities transactions or public pension plans
Milesblue42
5 days ago
Alexulf, are these Securities Exchange Commission Exhibits?
10Q & GAMEPLAN REVIEW $10 MILLION REVENUE BY 2026
If it is determined that Artificial Intelligence Technology Solutions Inc ticker AITX is engaging in a campaign of knowly fraudulent misinformation. This would in my opinion include knowly false information being spread on various platforms across the internet by AITX employees. If it is deemed that Artificial Intelligence Technology Solutions Inc ticker AITX is guilty could the Securities Exchange Commission file charges against Artificial Intelligence Technology Solutions Inc similar to charges they filed against "eight individuals in a $100 million securities fraud scheme in which they used the social media platforms Twitter and Discord to manipulate exchange-traded stocks."?
https://www.sec.gov/newsroom/press-releases/2022-221
PRESS RELEASE
SEC Charges Eight Social Media Influencers in $100 Million Stock Manipulation Scheme Promoted on Discord and Twitter
FOR IMMEDIATE RELEASE
2022-221
Washington D.C., Dec. 14, 2022 —
The Securities and Exchange Commission today announced charges against eight individuals in a $100 million securities fraud scheme in which they used the social media platforms Twitter and Discord to manipulate exchange-traded stocks.
According to the SEC, since at least January 2020, seven of the defendants promoted themselves as successful traders and cultivated hundreds of thousands of followers on Twitter and in stock trading chatrooms on Discord. These seven defendants allegedly purchased certain stocks and then encouraged their substantial social media following to buy those selected stocks by posting price targets or indicating they were buying, holding, or adding to their stock positions. However, as the complaint alleges, when share prices and/or trading volumes rose in the promoted securities, the individuals regularly sold their shares without ever having disclosed their plans to dump the securities while they were promoting them.
"As our complaint states, the defendants used social media to amass a large following of novice investors and then took advantage of their followers by repeatedly feeding them a steady diet of misinformation, which resulted in fraudulent profits of approximately $100 million," said Joseph Sansone, Chief of the SEC Enforcement Division’s Market Abuse Unit. "Today’s action exposes the true motivation of these alleged fraudsters and serves as another warning that investors should be wary of unsolicited advice they encounter online."
Milesblue42
5 days ago
A Global Leader trading Sub Penny?? Huh
Message in reply to:
Detroit, Michigan, July 17, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions will be participating in an ‘Ask Me Anything’ online session. The live discussion will be hosted by Eric Kemnitzer of the popular YouTube channel Buffalo Fireside Chats on Sunday, July 21, 2024, at 12 noon Eastern Time.
Steve Reinharz, CEO/CTO of AITX will likely be asked a wide array of questions related to the Company’s operations, sales pipeline growth, production backlog, upcoming projects, the Company's financing status, and the path towards potential cash flow positivity
Pure Idiotic Press Release IMO.
02opida
5 days ago
Detroit, Michigan, July 17, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions will be participating in an ‘Ask Me Anything’ online session. The live discussion will be hosted by Eric Kemnitzer of the popular YouTube channel Buffalo Fireside Chats on Sunday, July 21, 2024, at 12 noon Eastern Time.
Steve Reinharz, CEO/CTO of AITX will likely be asked a wide array of questions related to the Company’s operations, sales pipeline growth, production backlog, upcoming projects, the Company's financing status, and the path towards potential cash flow positivity.
Milesblue42
6 days ago
MAJOR RED FLAG WARNING for AITX Investors IMO
MAJOR RED FLAG WARNING for AITX Investors IMO
AITX Ceo Steve Reinharz has signed off on yet another price destroying deal with GHS Investments LLC
https://www.otcmarkets.com/filing/html?id=17427822&guid=v9Q-kq7wHASC4Vh
SUBJECT TO COMPLETION, DATED APRIL 3, 2024
2,500,000,000 Shares of Common Stock
This prospectus relates to the sale by the Selling Stockholder, GHS Investments, LLC (“GHS”), of Artificial Intelligence Technology Solutions, Inc. (the “Company”) of up to two billion five hundred million (2,500,000,000) shares of common stock, par value $0.00001 per share. We will not receive proceeds from the sale of the shares by the Selling Stockholder. However, we may receive aggregate gross proceeds of up to $5.3 million from the sale of our common stock registered herein to the Selling Stockholder, pursuant to the March 22, 2023 Equity Financing Agreement entered into with GHS (the “Purchase Agreement”).
Our common stock is quoted on the OTC Pink under the symbol “AITX.” On April 1, 2024, the last reported sales price of our common stock on the OTC Pink was $0.0025 per share.
The Purchase Agreement provides that the Company may discretionarily sell to GHS up to $30,000,000 of shares (“Purchase Shares”) of the Company’s common stock upon our issuance of Purchase Notices to GHS (See “Purchase Agreement with GHS Investments, LLC” on page 1 of this prospectus for a description of the GHS Purchase Agreement). The Selling Stockholder will sell its Purchase Shares at prevailing market prices or in privately negotiated transactions, other details of the sales which are contained in the section titled “Plan of Distribution” on page 13.
GHS is an underwriter within the meaning of the Securities Act of 1933, as amended (the “Securities Act”), and any broker-dealers or agents that are involved in selling the shares may be deemed to be “underwriters” within the meaning of the Securities Act in connection with such sales. In such event, any commissions received by such broker-dealers or agents and any profit on the resale of the shares purchased by them may be deemed to be underwriting commissions or discounts under the Securities Act. We will bear all costs, expenses and fees in connection with the registration of the common stock. The Selling Stockholder will bear all commissions and discounts, if any, attributable to its sales of our common stock.
Investing in our securities is highly speculative and involves a high degree of risk. You should carefully consider the risks and uncertainties described under the heading “Risk Factors” beginning on page 3 of this prospectus before making a decision to purchase our securities.
Milesblue42
6 days ago
Alexulf, here's the Securities Exchange information??
If it is believed that AITX Advisory Board member Mivil Deschenes or any other AITX employess are possibly engaging in United States Securiites fraud the link to file a complaint is here https://www.sec.gov/submit-tip-or-complaint/report-possible-securities-law-violations
https://aitx.ai/mivil-deschenes/
He is fluently bilingual (French and English), is a certified Fraud examiner and holds a Bachelor’s degree in Law and Criminology from the Carleton University in Ottawa.
What the hell? This is the company that Mivil Deschenes is an advisory board member? Page 30 of the current 10Q
https://www.otcmarkets.com/filing/html?id=17681454&guid=kDO-kpZDTYDWJthITEM 4. CONTROLS AND PROCEDURES
Management’s Report on Internal Control over Financial Reporting
We carried out an evaluation, under the supervision and with the participation of our management, including our principal executive officer and principal financial officer, of the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of May 31, 2024. Based upon that evaluation, our principal executive officer and principal financial officer concluded that, as of May 31, 2024, our disclosure controls and procedures were not effective to ensure that information required to be disclosed in reports filed by us under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the required time periods and is accumulated and communicated to our management, including our principal executive officer and principal financial officer, as appropriate to allow timely decisions regarding required disclosure.
1. As of May 31, 2024, we did not maintain effective controls over our control environment. Specifically, we have not developed and effectively communicated to our employees our accounting policies and procedures. This has resulted in inconsistent practices. Further, the Board of Directors does not currently have any independent members and no director qualifies as an audit committee financial expert as defined in Item 407(d)(5)(ii) of Regulation S-K. Since these entity level programs have a pervasive effect across the organization, management has determined that these circumstances constitute a material weakness.
2. As of May 31, 2024, we did not maintain effective controls over financial statement disclosure. Specifically, controls were not designed and in place to ensure that all disclosures required were originally addressed in our financial statements. Accordingly, management has determined that this control deficiency constitutes a material weakness.
Our management, including our principal executive officer and principal financial officer, do not expect that our disclosure controls and procedures or our internal controls will prevent all error or fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs. Due to the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, have been detected.
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Alexulf
3 hours ago
JustJack
21 hours ago
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