$AIG:CN $AIGFF:OTCPK
A New Type of Landscape Overwatch
A Game-Changer in Forest Management
The Current State of the World
In a world grappling with climate change and escalating forest fires, the need for innovative solutions has never been greater. Why $AIG.CN $AIGFF:OTCPK could have a massive run, with the current state of the world:
The potent blend of generative AI and geospatial analytics, exemplified by Genesis AI Corp.’s Woodlands.ai. This synergy offers transformative possibilities for redefining forest management and bolstering responses to escalating wildfires. By utilizing AI to create digital forest replicas, this approach enables predictive insights for fire behavior, sustainable forestry practices, and accurate carbon offset evaluation. In the backdrop of intensifying forest fires, this innovation holds key to informed real-time strategies for effective disaster response, contributing to the resilience of forests and communities.
Genesis AI Corp. Overview
Company Background
Genesis AI Corp. is a cutting-edge company focusing on precision geospatial, forestry analytics, and the carbon sector using AI.
Woodlands.ai: The Game-Changer
Their flagship product, Woodlands.ai, offers transformative possibilities for redefining forest management and bolstering responses to escalating wildfires.
Financials
Private Placement Offering
- Genesis AI Corp. (CSE: AIG) has successfully closed its non-brokered private placement.
- The combined aggregate of the Offering and the Debt Settlement amounts to $1,601,909.
- Funds raised include $1,285,760 from the issuance of 18,367,998 Units at $0.07 per Unit and $316,150 settled against outstanding debt.
- Each Unit comprises a Common Share and a Warrant.
- Each Warrant entitles the holder to purchase one Common Share at $0.11 per share over 24 months.
- Finders fees of $4,483.50 have been paid to approved finders in connection with the offering.
Debt Settlement and Insiders’ Participation
- Debt settlement agreements with insiders and consultants involve settling $316,150 in debt for 4,516,429 units.
- Common Shares from the Debt Settlement have a statutory hold period of four months plus a day.
- Debt Settlements can’t close before five business days from the announcement’s date.
- Officers and Directors participated in the private placement and Debt Settlement:
- They obtained 5,914,286 Units through the private placement.
- They acquired 4,066,429 Units through the Debt Settlement.
Use of Proceeds
- Net proceeds from the Offering has funded the acquisition of generative AI intellectual property assets (“Woodlands.ai”) from Carbonethic through the LOI (“Carbonethic”).
- Woodlands.ai involves generative AI natural resources models for creating digital twins of real-world forests.
- Digital forests have various applications
- Wildfire: This module aims to provide solutions for all phases of wildfires, including prevention, response, and post-fire recovery, using AI to analyze historical fire data and environmental changes.
- Mining: The mining module will optimize the exploration process and asset quantification through subsurface digital twinning, allowing for faster and more accurate assessments.
- Carbon: This module will work on developing accurate carbon models by digitally twinning forests and ranges, promoting trust, transparency, and reliability in the forest removal and avoidance industry.
- Forestry: The forestry module will focus on optimizing forest intelligence.
- Urban Interface: This module will model the impact of biological assets on cities and towns.
- Genesis Ai Corp. plans to develop the wildfire, carbon, and mining modules first and aims to achieve full commercialization by 2024.
Insider Participation
Officers and Directors’ Involvement
The involvement of officers and directors in the private placement and debt settlement indicates strong internal confidence in the company’s future.
Recent Developments
Big Movement and Volume
The company’s stock has recently witnessed substantial fluctuations in both its price and trading volume, indicating a noticeable increase in investor interest. As of the latest data, the stock is currently valued at $0.14 per share, and a significant surge in trading activity has been observed, primarily driven by the recent completion of the acquisition deal for the Woodlands.ai asset.
Future Prospects
With its innovative technology and strong financials, the future looks promising for Genesis AI Corp.
Conclusion
The Transformative Power of Genesis AI Corp.
Genesis Ai Corp, based in Kelowna, is focused on utilizing artificial intelligence to better manage natural resources, particularly in the context of forest management and wildfire prevention. The company’s aim is to predict forest fire behavior, improve response times, and build more resilient forests through effective management. They are developing several modules, including forest inventory, carbon offset analysis, fire risk and recovery, urban planning, and natural resources analysis. With the increasing demand for geospatial data analytics in disaster management and the precision forestry market expected to expand, Genesis Ai Corp is well-positioned in these sectors, particularly in North America. Their initiatives also cater to governments, landowners, forestry companies, carbon project developers, and more. The company’s executive management and board are dedicated to driving these initiatives forward. Genesis AI Corp. is not just another tech company; it’s a beacon of hope in the fight against climate change and forest degradation.
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