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I know very well OS, TJ our AFFU guru is not going anywhere, he is also as pissed I am with the new management.
It's a good strategy to sell and buy back after 31 days I thought too but I didn't make any money anywhere else so I am holding:))
Thanks Golf after you mentioned quantum stocks I am also actively looking for some good ones so that I can recover too :))
All the best Gold and as TJ said and I also think hopefully AFFU the stock of 2025
Also, hope the new f$$ shows some consideration to the existing shareholders.
Its just a slam on the guy... Michael Balkin I switch is last name to sound like Ball sack... the area on a mans anatomy Because since he came on board this stock and company is in worse shape then at any time in my three years of being involved with it. Say what you will about Jim but he still cared for shareholders a hell of a lot more then this A-hole....
It's frustrating that all the due diligence we did on the company seems pointless when they’re dumping at these rock-bottom prices. Unfortunately, there's no way to predict when the dilution will stop. I’m still holding onto all my shares for now, and if the dilution does end, I'll consider doubling down to lower my average. I'll keep monitoring things, but I’m not planning to post here much anymore.
Who's Michael Ball-Sackin?
Appreciate you for making mention about quantum related stocks a few weeks back. Jumped into one and made back my losses from affu and then some.
You know me to well OS. Merry Christmas my friend. All here I consider my friend even though we have disagreements it does not change the brotherhood and sisterhood we have all developed. Families have them and there are several here that are like family so we bicker but who doesn't right
There is absolutely no doubt, there is a great crew of people here. I'm older and learning a lot off this board. Thank you all and have a very Merry Christmas.
Risk i believe his exit strategy is for tax reasons because he may have made money in the stock market on other stocks to offset income.
Watch he loves us and will be back in 31 days no matter what the price of AFFU is.
He likes everyone’s company here, it keeps life interesting!
An acquisition after a failed merger is no mean feat. The company has a plan. They can't please everyone. Can't speak for Dino but I'm looking for a double from here with the acquisition details. They are pivotal for the most of us here. TJ is out to recover AFFU losses elsewhere. To each there own, that's trading. He may or may not get back in. Dependent in large part how he does elsewhere is my hunch.
I can't comment on dilution any more than anyone else here. The filing before the next news will be my expectation. Who knows, the new CEO could have far more grandiose plans and we hit a string of PRs. All I know is we need more details. Just no telling yet Risk.
No idea what you're looking from with AFFU
But if I had capital I'd be buying here over the holiday season. This stock is ridiculously cheap now yes, but I see the price going up other side of New Year's. Now the news is out take what you can find is my advice. Good luck here.
Thanks Risk, enjoy the time with your family and we all need a break from this stock.
Spending time with the wife and children bring me joy, this stock and message board does not bring any joy unfortunately.
I still have all my shares and as I stated countless time I'll be rewarded or go down with the ship and I'm standing by that.
Take care. Catch up later this week.
Just time to go... I am not, not coming back but it wont be for at least 30 days... I see no real chance of any big movement here until the acquisition is completed... there may be a few PRs to help keep it going, but as the press release said, the deal should be done in the first quarter of next year. If we are to believe the history of Affluence and its acquisitions that means Feb or March...
I have been sending email to them on a regular basis and asking for them to consider a buy back program and to publicly announce there will be no RS... if they, they being who ever is running this with Michael Balkin, would like to see the PPS move upwards at a decent clip that is the way to do it. I have not and do not expect to get a reply from anyone at the company, but it does not mean I wont push for it... if something like that was announced I would naturally jump back in with both feet.
Happy Holidays to you Risk and your family and loved ones as well.
What the point with all the acquisitions, they freaking funded everything from the shareholders and now God knows what will the plan to address this dilution.
I am also not selling anything OS. Hopefully any hope with AFFU.
Enjoy your time and have a nice time with the family
Have a nice time and enjoy this beautiful time of the year.. hopefully something good happens
Rich,I hate the fact they screwed up the shareholders that been with the company for so long, look at the value now.
What your opinion?? Regarding this huge OS and the constant dilution ...
I think Dino was right from the get go and smart how he handled it, need to learn from a lot of:))
Right Golf most run by unscrupulous beings. I don't even trust the big shot involved here, they don't care about the regular shareholders. Still hopefully something good may happen. Enjoy the beautiful time with your loved ones buddy.. time to be joyful
Thanks TJ. What your reason to exit now? Is it just the book the losses or you find it not attractive anymore. With this huge dilution imminent RS be on the plates? Not suggesting any just trying to to understand your exit?
Please share your valuable insights on this and others you have any but this time I will certainly check the AS :)) and off course financial reports:))
Have a wonderful time with your loved ones.
watching otcn to let off when he does it's time.
You could be right. With mediocre holiday volume at best. Really tough getting any true sense of direction. AFFU has turned the corner structurally. Need to wait till New Year trading for any true market direction. Are you buying, is it easy to get shares if you are?
the bottom is when otcn let's of so far he hasn't, so got room to go down further imo
I think this has to be bottom here.
If there's any more shares available of course. I'm glad I was wrong, they're teeing up the merger for conversations over the Christmas dinner table. Always a very good time to PR if you've got the news. Jim Honan over the years would PR on either a Tuesday or a Thursday. This is a radical departure from that time honoured doctrine.
Topped up and feeling up for once. Something's telling me this is going to be a Happy New Year ✔️✔️
Thanks OS. I have not sold any either in quite awhile. The way I play these kind of stocks I buy in small to begin with and add dips along the way if it still looks promissing so my average is still pretty low. The last few days I have been buying the 0006. I have had orders in also at .0005 but so far havent got any of those. Hopefully this is the bottom and these shares look like a gift soon. I am not really looking for much this year. Hopefully next year it turns back around. Hasnt been long ago when this one stayed above a penny.
Strategic I hear you muse.
I'd agree and strictly out of keeping with Jim Honan's previous 4 years at the helm. Suggesting... Jim Honan's no longer CEO - - > IMO
Sounds like you're also predicting Francesco as CEO 🤔
I'm in the same boat. Here since Nov 21 and down a measley 91%
I hear ya. Hard to get excited about anything here these days. How goes the battle ?
Merry Xmas OS! Let's hope this one actually goes through
The next acquisition after MTi may be….
I am calling it now…..
Any company that Francesc Domingo may have a connection to or owns part of…..
How did anyone know for certain a strategic partnership was about to be an acquisition. Possible sure but if anyone already knew they were sure quiet about it. Jim could have overextended acquiring some other company. I'm relieved it's MTi if I'm being honest. Any other company would have been likely as not a dilution death knell.
I hunch I already know the next acquisition, but I'm not counting my chickens before they're hatched. No point, let's see how we look with the newest one first. It takes time for everything to gell. I'm not expecting any run here but this is extremely good news. It heralds a parade of good news but that all takes time to digest. I keep asking myself, is AFFU a holding company or what. Startled Jim is cash positive, we need to see some filings, probably in new year.
They LIST MTi 1-50 employees, I counted 17 staff in MTi's Linked In photo. If that's all there is I'm not expecting devastating dilution, like some here are thinking out loud. Gotta congratulate you OS. You called this merger almost as soon you found it. Nice work, MTi has put us in the big leagues for contracts. I read they expect to be cash positive very shortly as well (if not already) . That MTi Dubai office about to get busy IMO. 💰💰💸💸
Jim surprised me, this is indeed a nice Christmas present. I find it very positive news. Sure we need time to mesh company wise, digest financially speaking. If AFFU is going to be cash positive I'm anticipating dilution will be reasonable. This has been a long term hold from the get go. Seems like we're in great shape. 👍
Great timing release news at 3:00 the day before Xmas eve
I bought a few, what the heck. Breaks up the monotony of my large caps. Happy holidays to all. 🍷
The news came out then because Jim has no say so in when anything will happen.. I said this a few days ago... Jim is simply a Figure Head here now... Control of the company is in the hands of Michael Ball-Sackin My relationship with Jim has ended, he no longer can speak with me or I would assume anyone else for that matter... Between the Quantum success I had and the lack of conversation with the management dumping was a logical choice. We will keep in touch my friend thru other means. Happy Holidays OS... talk soon
Take care Risk, I will keep in touch and hopefully the new year is the Year Of AFFU
Hey George, thank you... but to be honest I like others made some very nice profit on the sudden run on Quantum stocks... had I not had that happen I would be holding tight here... Best to you and your family and as I said I will be keeping an eye on this...but not posting much as an observer I think my trap being shut is the best way to play it.... Bless you and your family
LinkedIn updated: Affluence
Affluence Corporation
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CORPORATION
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Affluence Corporation has reached an agreement to acquire MTi - Mingothings international, a specialist in integrated #loT solutions and data analytics for #smartcities and connected industries.
The first step in our planned acquisition strategy to strengthen OneMindNG and expand market reach.
https://bit.ly/3DnPE9t
Affluence Corporation to Acquire Mingothings SLU - Affluence Corporation
affucorp.com
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This is starting to snowball.
This is very odd that news comes out in mid day.
This news is nothing new.
Many of us have always thought Mingothings was a target acquisition.
I believe it never got done sooner because maybe Mingothings wanted to see Affluence Corp clear off some or most debt and the only way to get that done was to issue shares. In doing that AFFU price has gone down dirt cheap. Now Mingothings would get a lot more shares and have a larger control of Affluence Corp.
This news had no effect because it only matters when an acquisition is completed and really completed with no unwinding done in the future.
I have not sold. My tax loss would be to large to make a difference.
I will say i welcome Francesc Domingo, CEO of MTI into Affluence Corp and i hope he takes control of AFFU and really get us noticed.
Dang TJ. That's quite the write off.
Merry Christmas and well wishes for the new year.
I'm looking forward to seeing the PR's headed our way. Interesting MTi works in Dubai has an office there. Hmmm what a coincidence ✔️
Hate to say crap management. Not excited about anything they put out now. I going to hold on to my shares and will exit as soon I am break even. This will be a dilution machine
I agree. I am just holding on to my shares for the long run and hoping it will bring some gains in the future. I have enough losses for the past three years and for me doesn't give me any benefits of creating more losses and also it does not make sense for me to sell at almost 90% loss.
Wishing you and your family peace, happiness and good health and all the best for a wonderful Merry Christmas and Happy New Year. Be safe and God bless us all.
Good news... although I am pretty sure everyone new it was coming... would have liked to see some updated info on where they stand with the dilution and perhaps some explanation as to why it all happened to begin with.
I also have sold... going to take the loss and use it on my taxes... although I can only use $3,000 per year... and since the PR says they will complete the merger by the end of the first quarter that will more than give me enough time to let the 30 days with out rebuying to get back in if it looks like there is going to be sufficient reason to do so.
Good Luck everyone and please all of you have a wonderful Christmas and a Happy New Year... I will keep an eye out here and maybe they will add some additional news that will move this.
TJG over and OUT
China steals $500,000,000,000 in US intellectual property a year.
If anyone doesn't think Internet security is important. They need there head read. I find the reference to diversity interesting, thanks. Be well OS you were lucky.
I dont think that is what I was saying.... but if you took it that way, so be it... my point was that OS PB and I have all posted several times that the Accounts Receivable is where the revenue was and is sitting... I was pointing out that stating the revenue just dissapeard like you posted was not accurate and for anyone who read what you posted thought it was they needed to know that its still there if you read the filings. and understand them... what was idiotic was to say I was calling you an idiot. I think for what ever reasons you take everything said as an attack on you personally. Good Luck to you Golf I think you need to calm down a bit. Have some Eggnog
At least Mingothings is respectful
They at least post, but not OneMindNG or Affluence Corp
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MTi - Mingothings
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MTi. international
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• Happy Holidays from all of us at Mingothings
International! 4
As the year comes to a close, we celebrate the diversity that drives innovation, connection, and progress in everything we do. Whether you're celebrating Christmas, Hanukkah, Kwanzaa, or just enjoying the season of giving and gratitude, we hope your holidays are filled with joy, warmth, and community.
Thank you - to our clients, partners, and team - for a fantastic year and being a part of our journey this year. Let's make the next one even brighter! +
Here's to building an even more inclusive and innovative future in the New Year!
#mti #mingothings #HappyHolidays #InclusiveCelebration #Innovation #TechTogether
Of course I am still here. I'm sorry for sounding like an uninformed idiot regarding the financials. I'll try to learn more about this stuff before speaking.
Merry Christmas!
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Moderators oldstocks powerbattles INTHEKNOW1 RDY2ROCK TJG BigBadWolf |
OneMind Technologies partners
This is the small list of partners, there are more than what is listed here:
Dell Technologies $DELL https://www.dell.com/en-us/dt/solutions/artificial-intelligence/index.htm#tabResource=latestupdates&tab0=0
EDGE CERTIFIED PARTNER
Orange Business Services $ORAN https://www.orange-business.com/en
Best Partner MEA 2022 by Orange Business
Global Hitss owned by American Movil $AMX https://globalhitss.com/
https://www.americamovil.com/English/about-us/footprint/default.aspx
Desarrollando la Sociedad Digital
Globe SA https://globe.cl/
Corsight https://www.corsight.ai/
Hikvision https://www.hikvision.com/en/
DE Light DELIGHT COMPANY https://www.delightcanada.com/en/home/
Nobix https://nobix.mx/que-hacemos/
Propulsar https://propulsar.com/
Claro empresas owned by American Movil https://www.claro.com.co/empresas/
Helios Technology & Innovation https://heliosti.com/
Utrum INTELIGÊNCIA CONECTADA https://ultrum.com.br/
Storey https://storey.com.ar/
RELM Tecnologia https://www.relm.com.br/
StockTotal https://www.stocktotal.com.br/
Linha Direta https://linhadireta.org/
SLP Smart Living Projects Part of Worldsensing Group https://www.worldsensing.com/
Source: https://rocketreach.co/roberto-ponce-gomez-email_110293507
Source: https://www.linkedin.com/in/roberto-ponce-g%C3%B3mez-1ba85022/?originalSubdomain=es
BeDisruptive https://bedisruptive.com/
Envira IOT https://envira.es/nanoenvi-iaq/
Core42 https://core42.ai/
a G42 company, is a full-spectrum AI enablement solutions provider, innovates at speed & scale, across cloud, cybersecurity and AI & data.
April 2024 Microsoft announced a $1.5 billion strategic investment by Microsoft in G42
The ones not listed on the map:
CIBERC https://www.ciberc.com/en/home/
remp Refuerzo Empresarial
Idéia de Luz Projetos Luminotécnicos
Strategic acquisitions strengthen OneMind Technologies and expand market reach.
Affluence Corp, announced that it has reached an agreement to acquire three IoT technology companies and, along with OneMind Technologies, will form a new company named Digibriks. The proposed acquisition includes companies with complementary software products, engineering, integration, and implementation services capabilities. Affluence has executed Letters of Intent with all three companies, and upon completion, Digibriks will become a wholly owned subsidiary of Affluence, giving OneMind Technologies an end-to-end solution and entry into Telecom, Manufacturing as well as expanding its footprint into the Smart City markets.
This acquisition will add to top-line revenue as well as positive earnings and cash flow. In 2023, the combination of these three companies recorded approximately $5 million in revenue and over $1 million in EBITDA. Secondly, we will have an improved technology platform integrating Digibriks' connectivity solutions, IIOT platforms, and digital twin technologies with OneMind, giving Affluence a dominant product in multiple industries. Third, this acquisition will give access to a large installed base for the new OneMind product, greater access to a growing network of a world-class partner ecosystem, and a large reseller and distributor network.
The proposed acquisition will strengthen OneMind Technologies' Hypervisor NG product and enable the product to manage devices and networks, connect to Industrial systems and standards, and streamline the operations and maintenance cycles of industrial projects. The merged solutions will also expand the company's integration capabilities beyond The Smart City space to develop new Telecom and Manufacturing opportunities.
The first of the merged companies specializes in crafting valuable ecosystems through a combination of robust IoT software and networking solutions.
The companies are experts in interconnected systems, solution development, and network optimization through a blend of cutting-edge software, integration capabilities, and consulting services.
One company provides definitive expertise in project completion, specializing in adaptation design and installation of technology initiatives focusing on smart systems, specifically in the Mobility, Telecom, and Manufacturing sectors.
Their unique approach combines deep technical expertise with a client-centric focus to transform complex technology into user-friendly solutions.
The third company develops a suite of software products for intelligent IoT platforms. Their software suite includes intelligent device monitoring, intelligent operations centers, and, most importantly, cyber security operations centers.
The integration of these technologies with OneMind will be unmatched in the marketplace.
All three companies are generating revenue and are cash flow positive.
Opportunity to take OneMind into more lucrative markets while establishing a complementary partner ecosystem with an installed base to upgrade to Hypervisor NG.
New ability to offer engineering and integration services, we can take a larger piece of the opportunities we win, ensuring a streamlined customer experience.
PRODUCTS AND SERVICES
+1 7022956409
info@affucorp.com
Ferry Chung?
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There is no express or implied solicitation to buy or sell securities.
The author(s) may have positions in the stocks or financial relationships with the company or companies discussed and may trade in the stocks mentioned.
Readers are advised to conduct their own due diligence prior to considering buying or selling any stock.
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