Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
In reading Peter Piper’s post about how these dates can shift, which is true the signing of documents can indeed be moved around as everyone must get them signed and returned to the lawyers and then the lawyers have to all sign off and complete the process for phase 1 of this deal. But throwing darts at completed time lines and moving those time lines to specific days two, three or four times is again just pure guess work.
But does everyone here know how the process really works. It’s a 2 step process. Step one is the LOI, in most cases a 40 day process. Extended here by the amount of the companies involved. After the LOI are signed and agreed upon we move to the Definitive Agreement and that’s where the teeth of the agreements are put in place. Exact monies exact share structure jobs and management structure and board of director placement. These Definitive agreements are also a long process before signed and we have a completed deal
What we get from a Definitive Agreement announcement is knowledge of who we are dealing with. What they will all do individually and collectively. When they expect all of it to happen and finally a lay out if who is in charge.
We will get answers to all the questions that we have all been asking for so long. Well everyone but Peter, he seems to know everything that is happening already, the rest of us have to wait until Wednesday.
The Definitive Agreements will give us what we can expect. It will give the market a starting point for a new Price per Share and from there the stock will begin to trade at that level till the deal is completed.
Now I am no Peter nor do I play one on TV but I think we see a dime minimum on the information from the Definitive Agreements when they are released. From there it’s anyone’s guess on if we go up or down while we wait. That will depend on if they drop the news blackout for all the companies involved. If they drop the blackouts then it will be very exciting here
Good luck everyone.
Two pronged is simply the fact that Affluence will be two companies with in one company. Digibrik will be one prong holding OneMind and the as yet unnamed LOI companies They will bring in revenue and company 2 will be Contrivian and Durham Black and they will bring in revenues based on their business structure. It will all be accounted for under Affluence when filed on Q filings and Annual filings. And hopefully they will be audited financials.
Short answer is OneMindNG is not and was not public. They were a strong company that fell victim to Covid 2020. They are a business that must do the greater portion of their work on site for setup. Covid locked them out. They needed money to survive, along came Affluence purchased them financed them thru convertible debt and they became a wholly owned subsidiary of Affluence and as such became public through them.
I strongly believe that they are the sole reason why Affluence has yet to audit their books and is why we remain Alternative Financing on the OTC and not SEC financially current with our filings. They may have been way back in their history public in the EU but when Affluence bought that is when Stephane became CEO as well.
When these mergers are done that will be the first order of business for Patrick to bring the entire umbrella of companies current and fully audited so as to be SEC Fully Reporting.
Wait for Wednesday and will ignore you going forward. you do not understand this industry, just copy and paste text from media releases and do not understand what's actually written there.
What are you going to vote.
If called upon to approve the acquisitions.
i am not superior fool, this is not a knowledge game, I do not care you do not understand this industry and how such deals are build. Wednesday is nearby so you see who is wrong. Again, do not reply my messages here ok. You waste my precious time
SMH @your Cattitude with baffled consternation.
Especially when you run that mouth of yours insulting a long that's known this play intimately for 3 YEARS as if you know more than others. Yet right off the bat, you're instantly superior. Who do you think you're fooling. Look him in the eye, posing in front of that mirror. Straight in the eye Shifty, Wednesday my Aunt Fannie. You're bottom fishing is as effective as that contrived ego greedy gopher guts.
Like I mentioned, no need to believe me.
Like I mentioned before, you do not need to read my posts or believe the dates, whatever. If you do not believe Wed is the day, fine for you.
None idiot, I read your posts with interest, you have really nothing to offer here but stupid text and using 1000 words to try and describe what could have been done in 5 words.
No it's normal that a closing date shift in such deals, you a clearly not in this business, else you would understand. Dumb luck haha - you are SO funny
TJ, I recall reading a narrative OneMind was not SEC compliant, or might be. I also recall speculation OneMind was traded publicly over in Europe some where (speculation right? )
Quite some time ago already, how time flys. Anyways that got me questioning if OneMind was publicly traded across the pond for sure or not and also if OneMind was a headache to clear with the SEC on this side of the pond.
Have you got any clear intel on all that?
It seems likely that they are compliant as they do business in 168 countries around the world. That's a high percentage shot if you play tennis at all...
No Q 1 is due next week but there will be a Late filing then five days after the Late Filing notice the Q1 results will be filed.
Affluence has filed a late filing notice with every quarterly and annual filing for a year and a half so it will continue with this one I am sure
Q2 due next week?
How many aliases are you swinging on Shifty?
That is interesting, guess my weight?
I bet you will be wrong.
Guess the stock price Friday and you probably will be closer to being correct.
We are know most news comes out on Tuesday or Thursday. Closer to the 3rd full week of the month.
So if i was betting on news i would bet 21st or 23rd
Now if we get news tomorrow that would be unexpected
There is a game by in which a person says what cards they have and you either try and beat their cards or you say "I Call Bull Shit" Well in going back and looking at your posts you have 5 time when you called Monday... you have 2 times when you called Tuesday to replace Monday... you have l2 times where you called early week and you have 1 time where you called Tuesday information and press release on Wednesday and now you call news on Wednesday today...
So I call Bull Shit... you are simply playing the carney, where you guess someone's weight, you guess 100 peoples weight and the law of average says you will get 40 of the right... means your wrong 60 times... Even if it happens Tuesday or Wednesday... it will be just dumb luck on your part and if it doesnt I dont think we see you around here again... But you have been entertaining if nothing else...
Good Luck To you
Splitting hairs Patrick's name obviously behind it.
I don't speak asterisk so... But yes a huge melting pot. Bound to be hiccups! I take AFFU's TWO pronged approach to mean Contrivian and Durham Black. Lots of room for ambiguity there.
Pro pain sell sell sell, we will buy
The excitement is for Wednesday TJG, nothing Today.
What's meant by TWO pronged growth strategy
There's a good deal of room for misinterpretation there as well the intention to acquire more companies...
Actually i do not see Patrick’s name on
Digi*****
I see *****esc Do*****
As in *****things
When and if the merger is completed in will be part of Affluence.
As far as Patrick i sure hope he and Contrivian are part of all these mergers.
The mergers are taking longer than we all thought but then again how many of us have been in a stock that has done a merger of this magnitude.
I know Patrick has and he has got to be behind the scenes
No excitement today and where is Peter Piper it’s Monday after all. But the excitement was moved to Tuesday or Wednesday wasn’t it.
Would be nice if Jim did an update though I am sure we would all appreciate it
Fair point, forgot that puzzling peculiarity.
They're pretty handy to each other alright. A review seems in order to provide better clarity and focus on the merger enigma.
The difference between a Durham Black partnership with Affluence and an Affluence acquisition of Durham Black is as follows ¹ ² ³ 4 5:
*Partnership:*
- Announced on December 20, 2023
- Aims to execute a two-pronged growth strategy
- Seeks to unlock new markets for OneMind Technologies
- Aims to add increased value through new acquisitions
- No change in leadership or ownership structure
*Acquisition:*
- Announced on January 30, 2024
- Affluence Corporation acquires Durham Black LLC
- Durham Black management to be appointed to leadership roles
- Patrick Shutt to be named CEO and Chairman of the Board
- Mary Stanhope to become COO
- Affluence to gain control over Durham Black's operations and assets
In this Acquisition assessment there are two extremely pivotal words, namely then... "TO BE" or in a more concise presentation "TO". Both future tense and oh so forward looking.
My reasoning for the 4th Digibriks company OS is out of sheer magnitude of the business plan. Also for competitive reasons Digibriks needs to be more robust in it's scope for the desired growth targeted.
The 50 miles apart curiosity, could as easily be 5000 miles apart in the global economy. One Mind NG as a shining example.
We are still stuck with Patrick not stepping up to the podium as CEO conundrum. To me the size of the merger is a dead giveaway. There is an overwhelming likelihood of a logistical snag somewhere. First hunch is a OneMind technological hurdle with a fourth Digibriks acquisition pending. If not then why the not so secret SanFrancisco Contrivian~OneMind project? San Francisco is a long way from Barcelona. Yet all clues point to there was a technological Pow-Wow in San Francisco between OneMind and Contrivian.
Upon ending that secret project it is highly likely Patrick Shutt identified an urgent need for a fourth Digibriks company putting Affluence on the bleeding edge of the steep AI growth curve. This is where I'm at. It's just an observation designed to help other long investors see the sense of the pregnant pause in Patrick Schutt's AI task force called Digibriks.
Well there is that clue that Affluence address and Durham Black address are 50 miles apart.
I'll get right on it hold that thought
Just need to check that other scratch and win first. I figure if that doesn't hit I can always read your post 30 times to decode the 30 different clues. Easy Peasy if I ever wake up this morning. Seems I'm not doing adult this morning. Tomorrow isnt looking good either have you ever thought of offering your services to the Lost Treasure of Oak Island script writers you seem like a shoe-in OS. OK enough razzing, a serious question to you then.
Affluence mentioned they would announce when Patrick Shutt will be appointed CEO of Affluence. So umm errr why hasn't Affluence announced that yet. You have to admit that's a little incongruity very much worth noting. That's why I'm hunching the three other companies are sitting pretty just waiting for a fourth company to plug into the Digibriks Smart City fold.
If that's not the delay here (several weeks obviously is up) then what else can the delay be attributed too. Without any guidance from Jim are there any other delay worthy clues out there. I can see another 4th company for Digibriks easy as pie. But anything else as a valid reason is pretty opaque for this Digibriks fan at least. More coffee is in order, strong decaff for sure. Living dangerously this morning... ☕
Someone is hitting between the BID and ASK
See level2 GTSM you still can put orders in on thinkorswim for over 1 million shares
Tj yes but us old timers have seen a thing or two over our years and crazy things do happen on the stock market.
Ok lets get to 2 cents and pop this top off!
We need 2020-21 again when 5 cent stocks ran to $1.05
Well i recall something like that but some ran even crazier
On a special note we all may have seen some stupid stuff like me buying RIVN at $140 and still hold it. Crazy as that may be…
After ditching its electric vehicle plans, Apple Inc. (NASDAQ:AAPL) could rekindle interest in the segment if rumors are anything to go by. A report said late Monday that Cupertino was in talks to forge a partnership with Rivian Automotive, Inc (NASDAQ:RIVN).
Ok, lets get to 02 and then we can start building from there ... LOL LOL
Golfnut I am know switched to Schwab and i have an order in to sell over a million shares.
Anyone want 1,150,000 shares of AFFU @ 30 cents can have them.
They are way way down the level2 locked in.
Will they get there? It is a dream I have.
Patrick lets get dreaming big!
This Mobile World Congress Dell was at, as in this picture.
I am not saying this company coming into Affluence had anything to do with Dell at that event.
The picture was posted by one of the companies i think that may be coming into Affluence but i have no inside info on that fact.
I found it by cross checking public information with Digibriks
Behind the 2024 in the picture I edited out the name in orange so to not give away the name that i think is coming into AFFU.
Because of the NDA, i think it is to soon to mention the name, so not to mess things up. In time they will let us know, i hope.
Anyone that can deep dive into research on Digibriks can figure out the connection between Affluence and one of the un-named companies to find this company that i think is coming into Affluence. Just saying it is not inside information.
Note it is hard to get Didibriks information so you have to think about where to look, then you have look at code like hyper text markup language, CSS, Javascript,PHP...
I have about 5 websites so i knew how to find code.
They have left us breadcrumbs for us to find. They just must have thought us investors just were not smart enough to find the crumbs.
My point was one of the mergers is leading us to more smart technologies in manufacturing.
Lets just say one of the companies that i think is coming into this AFFU merger posted on their linkedin about an event:
Mobile World Congress 2024
https://www.mwcbarcelona.com
That they were at, that lead me to a video that i saw and in that video i saw Dell Technologies there to with the beer technology.
All i am saying is that one of these companies that i think is coming into with the AFFU mergers is into a lot of business side of smart technologies.
No i do not think they had anything to do with the Dell beer smart tech but that does not mean that when or if this company does come into AFFU that Dell Technologies may have more future products to work on
Onemind was working with them in April they did not become an official partner until Oct and it was officially announced in November of 2022. They then became a Edge partner in mid 2023
Interesting Tech OS thank you for posting.
Burning the midnight oil here but will try and give you some valid cross reference. It doesn't look like OneMind was in on Dell Open Brew Project.
One Mind posted Oct 19th 2023 they were working with Dell. But this article with Dell Open Brew fully under way goes back in April 2023. Like I say my eyes are stitching together but chronologically ** OneMind doesn't seem to fit in the project. So I queried AI about it and it came back with Beck's Beer and a few others are using AI in there beers but it also said that One Mind doesn't appear to be involved in the Dell Open Brew project.
Could OneMind have been working with Dell in April 2023? Blessed if I know...
HTH OS, man I need to get horizontal rrrrapidement! TTYL 💤🛌👋
https://www.metrowestdailynews.com/story/business/2023/04/24/exhibit-a-framingham-ma-partners-dell-reduce-beer-waste/70134499007/
Dell beer tech fill beer from bottom of cup
I was just making a point that companies from Barcelona are going to be in NY City for Smart City Expo 2024
Mayor Eric Adams Invites Global Leaders in Technology and Innovation to Attend Smart City Expo USA from May 22-23, 2024 in New York City.
Also interesting links about this event
https://www.smartcitiescouncil.com/event/smart-city-expo-usa
https://www.instagram.com/smartcityexpousa/?hl=en
https://twitter.com/smartcityexpous?lang=en
https://www.facebook.com/SmartCityExpoUS/
https://cities-today.com/event/smart-city-expo-usa-2024/
https://www.linkedin.com/company/smartcityusa/
https://www.smartcitiesworld.net/news/new-york-city-to-host-smart-city-expo-usa-2024-10040
Yes that is where they have their HQ
Must see Mobile World Congress 2024 was in February 26th-29th
This could be where AFFU is leading into. This is huge!
Digibriks = Digital + briks
I think Digibriks will be transforming traditional businesses into the digital world.
The merged solutions will expand the company's integration capabilities into Telecom and Manufacturing opportunities.
The term “briks” in “Digibriks” could be a creative branding choice for the company, symbolizing building blocks or foundational elements in the digital realm, much like bricks in construction.
From the April 9th News:
The companies are experts in interconnected systems, solution development, and network optimization through a blend of
1. cutting-edge software, integration capabilities, and consulting services.
2. 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.
3. 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.
All three companies are generating revenue and are cash flow positive.
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.
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 integration of these technologies with OneMind will be unmatched in the marketplace.
To build a world-class software and services organization
To take OneMind into more lucrative markets while establishing a complementary partner ecosystem with an installed base to upgrade to Hypervisor NG.
In addition, because of our new ability to offer engineering and integration services, we can take a larger piece of the opportunities we win, ensuring a streamlined customer experience.
Also out in the internet world of breadcrumbs
Thriving Business in Digital Age
*********** (name left out)
Introducing Our Services:
Building value ecosystems: We are specialized in creating valuable ecosystems for businesses. From building robust networks to providing customized solutions, we ensure your business thrives in the digital age.
Engineering Development & Integration: Let our experienced team of engineers bring your vision to life! Whether it's software development or hardware integration, we have the technical expertise you need for your digitization projects.
Trusted Partner Product Distribution: As your technology partner, we offer a carefully curated selection of cutting-edge products from trusted industry partners. From IoT devices to advanced infrastructure components, we provide the tools to enhance your smart initiatives.
Wow, awesome OS, happy for you buddy. GLTA
Am guessing a ballpark , rule of thumb,1 cent in sp for every reported $1million in gross revenue.
So with affu likely at $3 million this calendar year with figuring only ONemindng likely revenue, and another $5 million with the 3 unknowns = $8 million, and maybe higher by a penny per $million if Durham Black and Contrivian's annual gross income figures into most investors' mix?
Would you please, at your earliest convenience, in layman's term, the pathway from
20 x earnings of $5 million minimum expected, resulting in proly a rise on good news of completed merger, an 8 cent sp being more likely?
Agreed!
All the top talent investors/advice givers choose very carefully top talent managing things for them, then defer to that talent without micromanaging, but remain available for communications from top managers.
I have heard no one on this board express concern about any perceived chink in their armor nor expertise?
Patrick Shutt is a go big or go home kind of CEO.
Lets think about that correct comment.
One of the companies coming in is part of that $5 million in Revenues and $1 millions in profits before taxes and fees etc from the way i see it.
This means the CEO , CTO , CFO and others are go big thinkers too
Man
Thats
Incredible
Yes i honestly knew OneMindng was in Barcelona
I was just making a point that companies from Barcelona are going to be in NY City for SmartCities2024 in NY, NY
Also interesting link
https://www.nyc.gov/site/internationalbusiness/industries/smart-cities-and-clean-tech-industry.page#:~:text=From%20deploying%20resiliency%20technologies%20to,Cities%20and%20Clean%20Tech%20industry.
No i prefer other business over this...which was and is hard working as well but more effective and efficient
Nearly all buys on Friday at near recent highs. Should tell everyone all they need to know.
Soon
To PeterP1:
Have you ever worked in the boiler room of an old fangled ship asea?
We are investing in mid-market businesses to create a cohesive unit which brings together technology for the next generation of communication.
Affluence is focused on innovating and scaling our business efficiently and will continue to strategically expand to meet the demands of the growing 5G and edge computing markets.
Transformation in cloud/edge Computing will impact robotics, Al, healthcare, manufacturing, data centres, mobile devices, smart cities, and
'autonomous things, creating a wave of innovation that will dramatically improve our lives. These new technologies will bring dramatic performance improvements such as faster speeds, improved data capacity and lower Latency. Affluence aims to be at the centre of this transformation.
Our objectives are to:
Contrivian provides a true premium solution for global enterprise organizations that rely on cloud connectivity for their business.
580 California Street, 12th floor, San Francisco, CA 94104, US
Ben Edmond
CEO & Founder @ Connectbase | Digital Ecosys...
Contrivian is bringing tremendous innovation to our ecosystem, we are excited to partner with them on Location Truth, our API Fabric to connect the Ecosystem and transforming how connectivity is bought and sold. #ptc24 #connectedworld #connectivitymatters #saas #ecosystem
Connectbase
a Connectbase
* Exciting News! Contrivian a global next-generation connectivity provider has selected industry-leading Saas providers,
Connectbase and CloudSmartz to build and launch Contrivian's customer experience application, North Start™
"Contrivian is an organization that understands the value of location truth making available data-driven, location-oriented decisions for its customers," commented Ben Edmond, CEO, Connectbase.
"We fundamentally believe that this type of mindset pays significant dividends for a service provider and is the key to unlocking growth within their market. The team at Connectbase is excited to partner with CloudSmartz to support Contrivian in their growth journey."
Read the full release:
https://Inkd.in/eXrH3XG2
#BeFound #ConnectedWorld
#WhereConnectionsHappen #Ecosystem #Telecom #KeepingTheWorldConnected #telecommunications
1942 Broadway St Suite 314C, Boulder, CO 80302
1942 Broadway St Suite 314C, Boulder, CO 80302
+1 7022956409
info@affucorp.com
Ferry Chung?
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
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |