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Any update regarding the signing ceremony
Hi all, I've been watching this board for a very long time but now I would like to trade in this stock. I have a few shares from many many years ago that I need to place with a broker to trade. Anyone know who will take them? I'm striking out at every turn.
Want to check the share structure next week and compare it to Aug. Here are the Aug numbers
Market Cap Market Cap
8,302,633
08/31/2023
Authorized Shares
4,000,000,000
08/01/2023
Outstanding Shares
599,468,087
08/01/2023
Restricted
492,938,878
08/01/2023
Unrestricted
106,529,209
08/01/2023
Held at DTC
86,505,099
08/01/2023
Float
63,122,474
12/31/2022
I will make one more big buy before the close as I am very confident there will be news concerning the signing ceremony either Tuesday or soon after.... I am a firm believer in the CEO of OneMind Technology and when she said this in the June PR about how the market will react I believe her and I have no intentions of being someone who says..."Wish I Would Have Bought More When It Was In the .01 Range" Good luck everyone and have a great holiday weekend.
CEO of OneMind: There will be a formal signing ceremony amongst all three parties in the next 60 days that will bring to light the magnitude of this contract. (The signing is Monday September 4, there is no holiday in Saudi Arabia for those wondering)
Headline from the PR : Affluence Corporation's OneMind Technologies Awarded Multi-Million Dollar Contract For Smart City Project in Saudi Arabia's Capital
They have updated the last Q you can read it here.... make you own minds up on if it will have any influence on the stock or not.
https://www.otcmarkets.com/otcapi/company/financial-report/381645/content
PR Link: https://finance.yahoo.com/news/affluence-corporations-onemind-technologies-awarded-130000161.html
One slap at the open (not by me) of .014 and it jumps to ,0158.... this is a very thin stock and will move up on just the slightest bit of buying pressure
Thank you. I've watched from a distance and finally decided to dip my toe in.....just enough to keep it on my radar.
Until there is news released I would not anticipate any stamped, there has been very little volume here until we get some news... Last November when the news of the collaboration with Dell came out we were in the million plus shares a day for a while... but our normal volume is in the low 100K shares a day range.
Welcome to the board by the way
It’s been pretty volatile. Moves in each direction easily.
Moreover, just a thought, showing a greenie at 26% could start the stampede...... who knows?
Yes, I just slapped the ask just to see what would happen ..... Put in one order but it went off in multiple transactions ....2 went off at the ask and the biggest one at .0128.
Going to put my post from earlier up here again for those that may have missed it and dont go back to look at posts from earlier in the day, but this will be the last time so as not to get hassled about the Spam rule:
TJG
Re: None
Tuesday, August 29, 2023 9:49:44 AM
Post#
820
of 825
If your not in you better think about it, as there should be news out soon concerning the signing of the Smart City document with Saudi Arabia.. Notice in the link it says Orange Business Signing... thats who OneMind Technology is partnered with in this venture. This is about to get real exciting folks.
Link to the new put out by KAFD
https://www.kafd.sa/en/live/events
SEP 04/09/2023
Spotlight Series
The first Spotlight Series on The Future of Smart Cities, shedding light on the latest KAFD partnership and news, and which will take place at our Conference Center on 4th September 2023.
From the registration page. Note the highlighted speaker
Safe, Smart, Sustainable: the future of smart cities
The first Spotlight Series on The Future of Smart Cities, shedding light on the latest KAFD partnership and news, and which will take place at our Conference Center on 4th September 2023.
Beginning with a dedicated panel discussion, the Spotlight will be on the signing ceremony and partnership which follow, marking the newest developments in KAFD.
Our panel, Safe, Smart, Sustainable: the future of smart cities, will be moderated by Dr Ayman Elhefnawi, Team Leader of the UN Habitat Office in the Kingdom. Sharing their insights will be our guest speakers: Sahem Azzam, Senior Vice President, Middle East, Africa & Turkey of Orange Business, Stéphane Eyme, CEO of OneMind Technologies, John Hilliard, Middle East Lead for WiredScore, and Gautam Sashittal, CEO of KAFD Development & Management Company.
Thank you ! Just saw the price shoot up.
Yea I did 50K this morning at .0111 and another 50K just now at .0129... I have been adding for the past two months, ever since the June PR and the announcement in it that the signing would be around this time
This stock is so thin that when buyers show up... and they will show up.... it will move on very low volume and move very fast
I just picked up another 100k shares at .0113
I it is indeed... if there is no PR before then it will be on Tuesday when the market reopens from the long Labor Day weekend
Thanks for sharing!
Looks like Monday is the signing ceremony
If your not in you better think about it, as there should be news out soon concerning the signing of the Smart City document with Saudi Arabia.. Notice in the link it says Orange Business Signing... thats who OneMind Technology is partnered with in this venture. This is about to get real exciting folks.
Link to the new put out by KAFD
https://www.kafd.sa/en/live/events
SEP 04/09/2023
Spotlight Series
The first Spotlight Series on The Future of Smart Cities, shedding light on the latest KAFD partnership and news, and which will take place at our Conference Center on 4th September 2023.
From the registration page. Note the highlighted speaker
Safe, Smart, Sustainable: the future of smart cities
The first Spotlight Series on The Future of Smart Cities, shedding light on the latest KAFD partnership and news, and which will take place at our Conference Center on 4th September 2023.
Beginning with a dedicated panel discussion, the Spotlight will be on the signing ceremony and partnership which follow, marking the newest developments in KAFD.
Our panel, Safe, Smart, Sustainable: the future of smart cities, will be moderated by Dr Ayman Elhefnawi, Team Leader of the UN Habitat Office in the Kingdom. Sharing their insights will be our guest speakers: Sahem Azzam, Senior Vice President, Middle East, Africa & Turkey of Orange Business, Stéphane Eyme, CEO of OneMind Technologies, John Hilliard, Middle East Lead for WiredScore, and Gautam Sashittal, CEO of KAFD Development & Management Company.
Agree, but also we are at the discretion of the Saudi's on when this signing takes place... so 60 days is just a best guess estimate. I would not be surprised to see it go a week or two past the exact 60 day number. Having the product needed to begin the project already shipped tells us that it will indeed be done, just have to wait for the exact day.
Thank you for sharing this info TJ the 60 days are almost up hopefully any news or an update is welcomed
from what I have gathered, This is the project they will be working on in Riyadh, Saudi Arabia
https://www.kafd.sa/en/envision
With some digging and some non privilege information found in my DD this is what we are looking at for the Riyadh Smart City Project that OneMind will be a part of. This project is being funded by the KADF, King Abdullah Financial District, many know them from the sponsorship of LIV Golf through PIF (Public Investment Fund) an arm of KADF Using this link you can see how the project will encompassed and the magnitude of it.
When you look at the current price of AFFU and wonder if this is worth getting into.... I would suggest that you just ask how it would have been to be on the ground floor of getting into LIV if it had been a public company.
The signing of this agreement is being handled by KADF and they will publicly announce when it will take place, the 60 days is an approximate time line not one written in stone. But should take place as soon as they set the date, and with product already shipped it should be with in a couple of weeks.
https://whatsonsaudiarabia.com/2023/07/10-upcoming-mega-projects-in-saudi-arabia-we-cant-wait-for/#:~:text=Situated%20on%20the%20outskirts%20of,expected%20to%20open%20in%202023.
https://whatsonsaudiarabia.com/2023/07/10-upcoming-mega-projects-in-saudi-arabia-we-cant-wait-for/#:~:text=Situated%20on%20the%20outskirts%20of,expected%20to%20open%20in%202023.
https://en.wikipedia.org/wiki/King_Abdullah_Financial_District#:~:text=Additional%20design%20work%20was%20provided,to%20host%20round%2050%2C000%20residents.
https://finance.yahoo.com/news/affluence-corporations-onemind-technologies-awarded-130000161.html
More then likely it was profit taking... look at the chart and you will see that the Price Per Share was around where it is right now... then about a week to 10 days before the Q was to be released it began to go up.... normal anticipation of some new information as well as an increase in revenue... when the revenue came out it was up some but not as significant as what the market had hoped for... so people who bought from .0109 up to .016 simple sold and took their profit... but if you look the selling volume was not all that much, its just that there are not that many free trading shares out there so it moves on very little volume. If we can get the signed agreement to the Saudi Smart City released and it contains the information the OneMind CEO stated it would, she said and I quote " There will be a formal signing ceremony amongst all three parties in the next 60 days that will bring to light the magnitude of this contract." So we are nearing the end of that 60 day period and are all hoping this happens.
Anyone know why the stock price fell normally after q reports the stock price raises or holds but this one went way down thank You in advance
Yup affu is definitely a long term investment
Exactly we beat out a Fortune 200 company for the Saudi Smart City project so yes indeed best in market technology for sure.
Best in market technology...
Press Release out on the 2nd Quarter financials. Partnership with Dell Technologies is beginning to pay off. Why would Dell be assoiciated with a penny stock if there was not a guaranteed success possibility when there are much larger IofT and Smart City technology company's out there.
https://www.otcmarkets.com/stock/AFFU/news/Affluence-Corporation-Announces-Second-Quarter-Revenue-and-Net-Income?id=411480
Yep, more profit about it.
Not much in them that wasnt there last quarter... we are still in the hold mode for some really good break out news.
There really isnt anything running in their mind.. this stock is 100% reliant on their subsidiary OneMind Technology.... you should read up on that comapny.... its a technology company that specializes in Smart City... Smart Cities are in the beginning stages of the AI movement... you due diligence should focus there... there is a ton of information on the web about where and what Smart Cities are... a simple Google search will get you there.... Start here and go from there to Google and research it.
https://onemindng.com/
Hmmm what do you all think they might be considering iam new to this trading etc I understand the role of catalysts but what do think is running in the mind of the company .
Nothing yet, on the Financial or Disclosure page for AFFU and no PR for Affluence yet either.
So far that i have been to the otc markets website nothing has been filed any news
Just took my last 25K before the Fins are released... naturally they did not give it to me at the ASK price but lower so as to keep this in check... MM are banking on sellers today.... lets hope the company comes through
Agree, perhaps an update on the group signing of the Saudi Smart City contract... which is what I really want to see, along with the revenue comparisons to the previous Q and Year over Year
Yeah any time now from the latest filing they have i think 5 calendar days to file and file calendar days are up so today they must have some good news
If they hold to their past time line when posting a late filing notice, we will get the financials today.... hoping for a block buster, or at least a move to the 02 range... LOL
Thanks bud, missed the hh cut off!
There is no way to tell as so far all of the contracts have been very tight lipped as to what they contain and how much revenue they will produce... and it being just above a penny any thing that is put out that says 2, 3, 5 hundred percent simply sounds like pumping..... so I am playing this to be a quarter and will hold until there is something that tells me I am wrong... but Smart Cities are at the heart of where AI is going... Back in Nov of last year they partnered with Dell and I dont see a company like Dell getting into Smart cities unless its worth several hundred million dollars...
If this breaks out how much do you all think this can reach how high asking for a friend he took a very big position
I asked about that and it is due to the fact that so much of what they get comes from Spain where OneMind is located and they generate the revenue... they are also in the process of getting 3 years of financials up to date as they plan on becoming fully reporting.... According to the CEO
These people selling are going to be extremally disappointed but I will keep adding down here when I can... so thanks to the panic sellers...
Just added 25K more...
They do need to get a new accountant. Constant extensions and Friday or Saturday filings intrinsically kills the momo.
Thanks John, I recall that PR and like many had put it out of my mind as time went on... But as you say the 60 day time table is about up hopefully next week alog with the release of the 2nd quarter results we will also hear news on the contract signing.
Affluence Corporation's OneMind Technologies Awarded Multi-Million Dollar Contract For Smart City Project in Saudi Arabia's Capital
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June 28, 2023 - 9:00 am
OAK BROOK, IL / ACCESSWIRE / June 28, 2023 / Affluence Corporation (OTC PINK:AFFU) a leader in Smart City Software and Internet of Things (IoT) technology announced today that it has received a multi-year, multi-million dollar contract to provide it's best in class smart city software solution to a high profile smart city project for the city of Riyadh, Saudi Arabia. The contract was secured by one of our premier technology partners and there are several more contracts associated with this project that will be awarded over the next twelve months. There will be a formal signing ceremony amongst all three parties in the next 60 days that will bring to light the magnitude of this contract. OneMind Technologies has already shipped the software for Phase 1 of the project and it will be included in the company's Q2 financials.
"This Smart City Project in Riyadh is one of the largest, highest priority and high profile projects in the Middle East and in the world," said Stephane Eyme, Global CEO of OneMind Technologies. "This was an incredibly hard fought win for the OneMind Technologies team and in the final analysis we won the contract because of the ease of use, technological connectivity and a coordinated joint sales effort with one of premier partners. This is the second time that we went head-to-head against a Fortune 200 company and won a multi-million dollar opportunity where the customer viewed our technology and approach as superior. This is significant because there are at least 4 more smart city projects associated with this Riyadh contract and because of our win here OneMind will be viewed as the incumbent for those as well. While the contract has been executed and the Phase 1 software has been shipped, we are under a strict non-disclosure until the formal signature ceremony amongst all three parties at which time the market will realize the significance of this win," said Eyme.
Thanks for posting but unfortunately I could not read it all I get is this when I open your link....But thats ok thanks anyway
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