PREDICTIV AI INC - INOTF STOCK NEWS

Predictiv AI Inc. (TSXV:PAI.H)(OTC PINK:INOTF)(FSE:71TA) has announced a letter of intent to acquire Shift Technologies Canada Inc. and HouseStack Holdings Inc. The proposed transaction, structured as a reverse takeover, will result in Predictiv AI issuing approximately 300,000,000 shares (pre-consolidation) to acquire 100% of both companies. As part of the deal, majority owner Suman Pushparajah will receive a $250,000 cash payment and a $250,000 promissory note. The transaction is subject to regulatory approvals, due diligence, and a financing round to meet TSXV listing requirements. Predictiv AI also plans a share consolidation of up to 6:1 prior to closing. Trading of Predictiv AI shares will remain halted until the transaction is completed.

Predictiv AI has finalized a private placement of 10 million units at $0.02 per unit, generating $200,000. Each unit includes a common share and a warrant for another share at $0.05, valid for 24 months. Additionally, the company settled $500,000 in debt by issuing 25 million common shares at $0.02 each. Shares and securities are subject to a four-month hold. This debt settlement involved issuing over 10 million shares to company officers, which qualifies as a related party transaction. The company did not file a material change report 21 days before the settlement due to a need for expedited closure.

Predictiv AI Inc. announces a 30-day extension to complete a non-brokered private placement of up to 12,500,000 units at $0.02 per unit for gross proceeds of up to $250,000. The Offering is subject to TSXV regulatory approval.

Predictiv AI Announces Private Placement and Debt Settlement Agreements

Predictiv AI Inc. announces a non-brokered private placement of up to 12,500,000 units at $0.02 per unit for gross proceeds of up to $250,000. The company also enters debt settlement agreements to convert $500,000 in payables into 25,000,000 common shares. The settlement shares will be issued to insiders, subject to TSXV acceptance.

Predictiv AI Inc. has announced the lifting of the trading halt imposed on the company's common shares by the TSX Venture Exchange. The trading symbol for Predictiv AI will change from PAI to PAI.H, and there are no changes in the company's name, CUSIP number, or capital consolidation. The company continues to review opportunities to return to the TSXV.

Predictiv AI Inc. (TSX-V:PAI)(OTC:INOTF) announces the revocation of the failure-to-file cease trade order by the Ontario Securities Commission. The company has filed all required documents and will resume trading on TSX Venture Exchange. Financial constraints have halted business operations, and new members have been appointed to the board of directors. The company is also addressing refiling and correction of errors as per OSC Staff Notice 51-711.

Predictiv AI Inc. (OTCQB: INOTF) announced delays in filing annual financial statements for the year ending January 31, 2022. The Ontario Securities Commission has issued a cease trade order (CTO) against the company due to this delay, halting all trading of its securities. The company is working to remedy the situation and anticipates the CTO may be lifted shortly after the required filings are made. There is uncertainty regarding the timely resolution and lifting of the CTO.

Predictiv AI Inc. (OTC: INOTF) announced the appointment of Jim Grimes as interim President and CEO, effective July 30, 2021, following the resignation of Michael Lende for personal reasons. Grimes will continue as Chairman and aims to pursue the company's business strategies. Lende’s contributions over 15 months were acknowledged, and he will assist in the transition. Predictiv AI specializes in artificial intelligence and is involved in various sectors, including insurance and logistics, through its subsidiary Weather Telematics.