Since 2014, we have been trusted to provide environmental monitoring for many of the world’s largest water infrastructure installations.
Management Comments and Forward-Looking Statements
“For fiscal 2022, infinitii ai won a major new sales contract with the County of Los Angeles,
“In the current fiscal year, our focus is on adding new reseller partners and developing a channel-oriented go-to-market strategy,” continues Phaneuf. “Our goal is to increase revenue per sale, increase the number of customers in smart cities and smart industries, and achieve growth and improved profitability.”
Equity Incentive Plan
In fiscal 2022, the Company did not grant any stock options.
2022 Plan provides flexibility to grant stock-based incentive awards in the form of options, restricted stock units, performance share units and deferred stock units to attract and retain skilled employees and senior management to the company. The 2022 Plan requires that the maximum total number of shares that may be issued upon exercise or settlement of awards granted under the 2022 Plan shall not exceed 20% of the outstanding and outstanding shares of the Company. It is a rolling plan that is prescribed. The 2022 plan is considered an “evergreen” plan. This means that shares subject to awards that have been exercised, settled or terminated will be available for subsequent grants under the 2022 Plan, and the number of awards available for grant will increase with issuance and number of issuances. It’s for The number of issued shares will increase.
The extent to which such individuals are entitled to award awards under the 2022 Plan will be determined by our Board of Directors. Details of the 2022 plan have been filed at www.sedar.com.
About Infinity Eye Co., Ltd.
Since 2014, we have been trusted to provide environmental monitoring for many of the world’s largest water infrastructure installations.
infinitii ai software performs real-time analytics, checks flow monitoring status, sets alarms through a single interface, accepts all types of data from any source, predicts (what will happen) and Provides prescriptive (what should happen) analysis. Whether real-time, historical, over-the-air, satellite, SCADA, or public data sets,
Canadian Stock Exchange (
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of applicable securities laws. Forward-looking statements often use words such as “plan,” “expect,” “predict,” “intend,” “believe,” “project,” “estimate,” or characterized by descriptions of the events and circumstances of “may” or “will happen”. Forward-looking information is based on certain key expectations and assumptions made by infinitii ai’s management, including expectations of future revenue growth. Although Infiniti AI believes that the expectations and assumptions upon which such forward-looking information is based are reasonable, undue reliance should not be placed on forward-looking information. The forward-looking statements contained in this press release speak only as of the date of this press release. infinitii ai disclaims any intention or obligation to publicly update any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
SOURCE infinitii ai inc.
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