So over the past 6 months the company issued 6,400,000 additional shares of common stock.The Company was and is authorized to issue 480,000,000 common shares which remains unchanged by the 14C filing becoming effective. AITX Artificial Intelligence Technology Solutions Inc. Stock Message Board: 100 to 1 reverse split..... usually bad news.

As of October 31, 2017 which is 6 months prior to the issuance of this press release, the Company had 125,004,554 common shares issued and outstanding.

On the Move Systems undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in On the Move Systems expectations. There is actuaRobotic Assistance Devices (RAD) is an innovator of artificial intelligence and robotic solutions for operational, security and monitoring needs.Robotic Assistance Devices (RAD) is an innovator of artificial intelligence and robotic solutions for operational, security and monitoring needs.Discover new investment ideas by accessing unbiased, in-depth investment researchOther OTC - Other OTC Delayed Price.

VISL's second split … Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. This was a 1 for 10 reverse split, meaning for each 10 shares of VISL owned pre-split, the shareholder now owned 1 share. Estimates by researchers are that up to 45,000 American deaths are avoidable if nearly all (95%) of Americans would wear a face covering. So the shareholder in this example would be no better or no worse off before the reverse split as compared to after.After recently having launched SCOT at the ISC show in Las Vegas earlier this month, the company has received significant interest from both distributors and end users. This means that in the past 6 months the company issued a total of 6,400,000 out of a possible 348,595,446 or roughly only 1.8% of total authorized common shares that it was authorized to issue.The reason for the reverse split and the name change as mentioned in the 14C is to allow for the possibility that the common share price may trade in the dollars range and no longer in the pennies range so as not to be pooled together with other low priced issuers who may have dubious business models and future prospects. Find the latest ARTIFICIAL INTELLIGENC TECH SOL (AITX) stock quote, history, news and other vital information to help you with your stock trading and investing. For instances, if a company's 50 million shares are selling for $0.75 each, a 1:100 reverse split will result in 5 million outstanding shares selling for $7.50 each. The reverse split itself is simply a mathematical calculation with respect to a shareholder’s dollar value holdings and percentage ownership in the company. The company received several awards for new product innovation and has already deployed some SCOTs in the field with more to come all in the time span of a few weeks. Find the latest ARTIFICIAL INTELLIGENC TECH SOL (AITX) stock discussion in Yahoo Finance's forum. Estimates by researchers are that up to 45,000 American deaths are avoidable if nearly all (95%) of Americans would wear a face covering. ! For example if a shareholder held 100,000 common shares trading at $0.10 for a total value of $10,000 and there is a 100:1 reverse split, then that shareholder would end up with 100,000 shares divided by 100 which gives 1,000 shares and the stock price would be multiplied by 100 so if the closing price was $0.10 the day before the reverse split takes effect, the next morning the common share price would be $0.10 times 100 equals $10 giving the shareholder the same dollar value of 1,000 common shares times $10 or $10,000. Reverse Split Approved - up to 2000-1 And wipes out all existing shareholders value!



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