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Affluence Corporation (AFFU) RSS Feed

Followers
63
Posters
100
Posts (Today)
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Posts (Total)
5866
Created
04/11/09
Type
Free
Moderators oldstocks DTGoody TJG

Affluence Corporation 

 

A leader in Smart City Software and Internet of Things (IOT) technology. 
We are committed to continue to grow the company both organically and through acquistition. 
We are currently in discussions with several companies.
We have made changes to the leadership of OneMind Technologies.
We have a solid plan for 2025 to continue what our partners have established in the Middle East and Asia and will focus on establishing a larger North American presence.

The OneMind Smart City solution is deployed in Barcelona, San Francisco, Guadalajara, Oslo and many other cities throughout the world.




 
 
Rohan Chanmugam is Chairman of Clevercoms Ltd, a management consultancy  advising the telecoms, media, and technology (TMT) sector and has over  30 years of experience in the industry. In addition to founding  Clevercoms, Rohan was a Senior Vice President at Equant (Orange  Business Services), Managing Director BT A&M, Strategic Advisor to  the CEO of COLT Telecom, and Non-Executive Director of Host Europe Corporation. 
 
Dale has over 45 years of diversified manufacturing experience and  has proven success acquiring, growing, and selling multiple companies.   He led an international joint venture that eventually became  Hausermann USA.  Dale has served as a board member for Canton Drop Forge and Bremmer Manufacturing. 

Jim has over 35 years of investment banking and corporate finance experience with Continental Bank, ABN Amro, LaSalle Bank and Ernst & Young where he developed business units focusing on debt and credit restructuring deals and developed products for the institutional banking markets. He received an MBA in Finance from the Mendoza School of Business at the University of Notre Dame, and a BS in Accounting from Bentley.
 




Recent News:
Affluence Corporation Announces Intent to Acquire Multiple IoT Technology and Integration Services CompaniesPress Release | 04/09/2024

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.


About OneMind Technologies SL OneMind Technologies SL based in Barcelona Spain is a wholly owned subsidiary of Affluence Corporation
The OneMindNG intelligent IoT solution builder is used to create applications for smart city and smart industries operations.
Functioning as systems of systems, OneMindNG platform connects data sources to one single point of insight to provide real-time information on operational processes.
It is a key component in the Smart City and enterprise solutions currently being offered by several Fortune 50 companies that resell, distribute, and integrate smart city enterprise solutions.
For more information go to 
https://www.onemindng.com.

 

 


Affluence Corp provides next generation telecom smart cities solutions through its subsidiary, OneMind TechnologiesAffluence Corporation is a diversified technology company focused on innovative software solutions that capitalize on IoT, AI and 5G technologies.
We are investing in mid-market businesses to create a cohesive unit which brings together technology for the next generation of internet.


https://www.otcmarkets.com/stock/AFFU/profile

 

PRODUCTS AND SERVICES
Affluence Corp. provides next generation telecom smart cities solutions through its subsidiary, OneMind Technologies

1200 Harger Road, Suite 500 Oak Brook, IL 60523
Corporate Office OneMind Technologies Develops smart cities solutions worldwide Ronda General Mitre 126, Sixth Floor Barcelona, Spain 08021



+1 7022956409

info@affucorp.com

Ticker: AFFU
Website:  https://affucorp.com/

BUSINESS DESCRIPTION


News: https://affucorp.com/news/

AFFU SECURITY DETAILS
https://www.otcmarkets.com/stock/AFFU/security

AFFU Historical


5 Year Chart
Wow imagine if it could ever go back up to the 52 week high with these new mergers?



OneMindNG

OneMindNG is The Smart System Orchestrator that brings intelligence by sharing information across systems to improve decision making and operational performance.



https://onemindng.com/


Video: OneMind

Enhancing Security and Safety with OneMindNG / Technologies

 

At OneMindNG we create relationships with channel and technological partners to meet our clients’ needs in a variety of industries.

We have distribution collaborationswith channel partners such as Orange Business and Dell, to develop comprehensive IoT projects.

We establish technology allianceswith solution partners that integrate OneMindNG into their projects.

"OneMind New Generation brings the proven solutions based in modern architectures to our customers and ensures the success in the implementations and support globally."

Ferry Chung?

Vice President Global Digital Cities Dell Technologies?


 




 

AFFU SECURITY DETAILS 
Share Structure 
Market Cap Market Cap 
7,794,327 
06/28/2024 
Authorized Shares 
4,000,000,000 
06/21/2024 
Outstanding Shares 
646,832,121 
06/21/2024 
Restricted 
485,047,878 
06/21/2024 
Unrestricted 
161,784,243 
06/21/2024 
Held at DTC 
130,382,035 
06/21/2024 
Float 
63,122,474 
05/01/2024 
Par Value 
0.0001
 



DISCLAIMER:

Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions.
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.
All information should be considered for information purposes only.
No stock exchange has approved or disapproved of the information here

 
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