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The annual is out.
https://www.otcmarkets.com/otcapi/company/financial-report/453167/content
What a joke. Nearly a half million loss for the year. That's hard to do when all you have is a mom and pop tax service company.
This is hilarious.
NOTE 10 – SUBSEQUENT EVENTS
Subsequent to the reporting period ended December 31, 2024, the Company has decided to implement measures aimed at reducing
excess spending to enhance financial stability. As part of this initiative, the Company has suspended all compensation payments to its
Directors and Advisors. This decision reflects the Company's commitment to prudent financial management and aims to position the
Company for sustainable growth in the future. Management will continue to monitor the economic landscape and make further
adjustments as necessary.
I'm expecting a Notice of Late Filing today as the company is too busy helping people file their taxes right now.
We should be finding out soon with the filing of the annual report due by next Monday.
When AHIX breaks to all time new lows, it does it in dramatic fashion.
AHIX
Aluf Holdings Inc (PK)
0.0036
-0.0025 (-40.98%)
I wonder whatever happened with this?
FORT LAUDERDALE, FL / ACCESSWIRE / October 3, 2024 / ALUF Holdings, Inc. (OTC PINK:AHIX) Acting CEO and Director, Joseph Paresi, is pleased to announce that detailed planning and execution discussions have occurred with Aluf's new Chief Operating and Chief Technology Officer (COO/CTO), Dr. Matthew Leftwich, regarding the integration of existing contracts and new business opportunities, as the team moves toward accelerating the planned acquisition closing of Nanomatronix (NMX) before the end of 2024
She should have stuck with her mom and pop tax prep business, imo.
Her career is best suited as a fiction novelist. 😀
McWilliams needs to understand the meaning of the words "acquires" and "forthcoming". They've acquired nothing to date and 3 months is hardly forthcoming.
Aluf Holdings Inc. Acquires HPN Worldwide Inc., Expanding Leadership in Population Health Management Press Release | 11/27/2024
Update from Aluf Holdings Inc. on Forthcoming Acquisition of Nanomatronix, LLCPress Release | 10/03/2024
Never heard of a Chief Population Health Officer. Sounds like a Star Wars character, CPHO.
Why not President? After all, he seems to be the guy bringing value to the company. Surely, HPN brings in more revenue than McWilliam's mom and pop tax preparation company. Unfortunately, shareholders won't know if that's so until the middle of March of next year.
$AHIX Bob Gorsky, PhD, Founder of HPN Worldwide, Inc., Appointed Chief Population Health Officer at Aluf Holdings, Inc. Following Recent Acquisition
https://www.accesswire.com/950525/bob-gorsky-phd-founder-of-hpn-worldwide-inc-appointed-chief-population-health-officer-at-aluf-holdings-inc-following-recent-acquisition
DAVIE, FL / ACCESSWIRE / December 5, 2024 / Aluf Holdings is pleased to announce the appointment of Dr. Bob Gorsky as its Chief Population Health Officer. This development follows Aluf's recent acquisition of HPN Worldwide, Inc., a move that underscores the company's commitment to enhancing population health outcomes through innovative technology, strategies, and expertise.
Dr. Gorsky, the founder of HPN Worldwide, brings with him a wealth of knowledge and experience in population health as it applies to the employer, health care and community sectors. His dedication to improving the use and quality of healthcare, and other population health outcomes has made him a recognized leader in the field. Throughout his career, Dr. Gorsky has focused on using research, data analytics, technology, health policy, decision support resources, engagement, and other initiatives to address outcome goals that also span addressing health disparities and promote preventive care measures.
"We are thrilled to welcome Dr. Gorsky to our leadership team," said Joseph S. Paresi, Chief Executive Officer of Aluf Holdings. "Further, HPN Worldwide has a proven track record and adds additional financial benefits to the Aluf Holdings portfolio. Dr. Gorsky's visionary approach and extensive experience are vital to enhance Aluf's population health initiatives. Together, we aim to have a significant impact for those we serve and our communities."
As Chief Population Health Officer at Aluf Holdings, Dr. Gorsky will be instrumental in integrating the strengths of HPN Worldwide into Aluf's existing framework. He will lead initiatives aimed at developing and executing population health strategies that align with the company's vision of providing resources that support high-quality, patient-centered care, and other core outcomes. Collaboration across teams will be key as they leverage data analytics and evidence-based practices to improve health outcomes for diverse populations.
Dr. Gorsky holds a PhD in Health Promotion and Human Performance with a minor in Research and Evaluation, complemented by a Bachelor of Science in Health Sciences, and has provided support to thousands of employers, unions, hospital systems and health plans over the past 30+ years. His commitment to quality, effectiveness, collaboration, and community engagement will be a driving force in building partnerships that foster meaningful and effective approaches to health, care, and wellbeing.
"I am excited to join Aluf Holdings and look forward to the opportunity to work with such a talented team," stated Dr. Gorsky. "Together, we can drive meaningful progress in enhancing population health, ensuring improved health outcomes, quality of care, and reduced healthcare costs, through proactive and coordinated population health strategies and resources."
For more information about Aluf Holdings and its initiatives, please visit www.Aluf.com.
I wonder if this is more a R/M than an acquisition because AHIX as it stands now brings nothing to the table. However, that would assume HPN Worldwide itself brings anything to the table.
https://www.hpn.com/
$AHIX Aluf Holdings Inc. Acquires HPN Worldwide Inc., Expanding Leadership in Population Health Management
https://www.accesswire.com/947921/aluf-holdings-inc-acquires-hpn-worldwide-inc-expanding-leadership-in-population-health-management
DAVIE, FL / ACCESSWIRE / November 27, 2024 / Aluf Holdings Inc. (OTC PINK:AHIX), a technology holding company committed to advancing innovation in healthcare, is pleased to announce its acquisition of HPN Worldwide Inc., a recognized leader in population health management. This strategic acquisition underscores Aluf's commitment to advancing transformative technology-driven solutions. It is a key component of Aluf's growth strategy as the company continues to seek out strategic opportunities that align with its mission of delivering cutting-edge technology solutions across various industries and positions the company for sustained growth in the healthcare sector.
"Consummating this acquisition represents a significant milestone for Aluf Holdings as we expand our footprint in the healthcare technology sector," said Joseph Paresi, Acting CEO of Aluf Holdings. "HPN's expertise in population health management aligns perfectly with our vision of leveraging technology to deliver impactful solutions. We are excited to welcome HPN to our portfolio and look forward to driving innovation together."
This acquisition is expected to drive synergies between the two organizations, fostering collaboration and innovation to enhance the delivery of healthcare services to meet the growing demand for effective population health management in an increasingly complex healthcare landscape.
"Joining Aluf Holdings is a tremendous opportunity for HPN Worldwide," said Dr. Bob Gorsky, President and Founder of HPN Worldwide. "Together, we can accelerate our mission to improve population health through innovative technology and collaborative care models. This partnership will enable us to expand our reach and impact, ultimately benefiting the communities we serve."
HPN Worldwide will continue operating under its established brand, ensuring continuity for existing customers and partners while integrating Aluf's strategic support and will continue refining its core competencies while leveraging Aluf's managerial expertise and resources. Together the companies are poised to expand their impact by delivering cutting-edge population health solutions to a growing client base. This collaboration fosters the development of new tools and strategies, enabling healthcare providers to meet the increasing demand for proactive care and data-driven decision-making in a complex healthcare environment.
I'm curious as to what Dr. Aditya Ganguli has done in the past year to deserve being given 350,000,000 shares of stock, which was worth nearly $3,500,000 at the time of issuance and still worth nearly $3M today. Does he have to successfully complete an acquisition to be able to sell the stock? The normal restriction period is up otherwise.
Sad. Just sad. Everything about this company and the people who run it is sad.
Financials are posted.
They also have a "prohibited service provider" designation on OTC Markets.
It's not like one is any different than the last one. Mostly C/P.
Pretty sad when a tax filing company cannot release their own financial records on time. LOL.
Probably just want to delay the inevitable bad ER.
NOTIFICATION OF LATE FILING
Reason for Delay in Posting Financial Report: State below in reasonable detail why the Annual/Quarterly
Report could not be filed within the prescribed time period.
Delay in obtaining access to certain financial documents of wholly owned subsidiary
List any subsidiaries, parent company, or affiliated companies.
Tax Partners USA, LLC (acquired December 31, 2022)
Aluf Biometrics, Inc. (not currently operating; formed in 2015)
Aluf CBD Partners, LLC. (not currently operating; formed in 2019)
Aluf Tech LLC. (not currently operating; formed June 26, 2023)
What kind of company are we buying?
Still waiting for an update on that acquisition.
Huh. Thursday's pr updating the public on it's pending acquisition didn't do anything for the stock except drop it to its two year low. Imagine that.
Anyone truly interested in the value of this acquisition before they take the plunge can get the information they need through Pitchbook.
https://pitchbook.com/profiles/company/332680-87#overview
Aluf Holdings, Inc. Welcomes Dr. Matthew Leftwich CTO and COO to the Board and Announces Strategic Acquisition of Nanomatronix, LLC
McWilliams is going to make shareholders wait 4 to 6 months before hearing that this acquisition won't be happening after all, just like all the others.
https://www.otcmarkets.com/stock/AHIX/news/Aluf-Holdings-Inc-Welcomes-Dr-Matthew-Leftwich-CTO-and-COO-to-the-Board-and-Announces-Strategic-Acquisition-of-Nanomatro?id=453181
"OTCM Tracker" is another service.
Craig, where did you find the SS info? OTC Updates used to put it out in real time but now they've been forced into a 72 hour delay.
Outstanding Shares Updated:
🔴 1,645,804,476 (2024-07-31)
🟢 1,825,354,476 (2024-08-01)
Difference: +10.9% (+179M)
Restricted Shares Updated:
🔴 1,576,354,094 (2024-07-31)
🟢 1,755,904,094 (2024-08-01)
Difference: +11.4% (+179M)
Restricted shares have increased.
✨ Outstanding Shares Updated:
- 🔴 From: 1,645,804,476 (1.65B - 6/3/2024)
- 🟢 To: 1,825,354,476 (1.83B - 8/1/2024)
(Diff: 179.55M, % Change: 10.910%)
✨ Restricted Shares Updated:
- 🔴 From: 1,576,354,094 (1.58B - 7/10/2024)
- 🟢 To: 1,755,904,094 (1.76B - 8/1/2024)
(Diff: 179.55M, % Change: 11.390%)
So, still no CEO, eh?
Not even acting CEO, which is what Paresi was supposed to be.
🚨 $AHIX ? Pink Current ? 💰 $0.0105
🔑 AS:2.30B ? OS:1.65B ? R:1.58B ? UR:69.45M ? DTC:18.73M
✨ Public Float Updated:
- 🔴 From: 15,834,381 (15.83M - 2/1/2024)
- 🟢 To: 18,371,451 (18.37M - 7/22/2024)
(Diff: 2.54M, % Change: 16.023%)
🌟 Director(s)
🔴 Removed
- Donald C. Bennett, Chairman, Independent Director, Compensation Committee Member, Nominating Committee Member
🟢 Added
- Teresa McWilliams, Chairman
👥 Board of Director(s)
🟢 Added
- Joseph S. Paresi, Director, Independent Director
I cannot see those emojis from the phone app which is what I use 99% of the time.
Just logged into the website to see what you are referring to. I see that person likes their own posts. LOL
Interesting to see someone that invests money in stocks is that immature.
Maybe is a hired "communications" contractor for AHIX...LOL
Uh oh. Now you're going to get a 💩 and 🤡 emoji tagged to your post for pointing out his error.
You have a comment saying no change...no dilution. It all depends upon what time frame you are referring to.
There has been changes and dilution in the past few months.
Share Structure - Updated June 28, 2024:
Transfer Agent Verified
No change - no dilution
Authorized Shares: 2,299,821,989
Outstanding Shares: 1,449,442,476
- Restricted: 1,379,992,081
- Unrestricted::69,450,395
Note 1: It is only the Unrestricted Outstanding Shares count that is relevant to current trading.
Note 2: Low Unrestricted Outstanding Shares count - only 69.4M - for a stock in the .0150 > $1+ range.
A company that's been in existence 13 years and has accomplished absolutely nothing in all that time has the temerity to write such a positive press release with comments like this.
His decision to retire is unrelated to any disagreement with the Company but reflects his desire to conclude his business career with a well-earned retirement.
Again, nothing was accomplished under his chairmanship so what was earned?
During her tenure as CFO, Ms. McWilliams has managed the existing Aluf offerings and has successfully negotiated acquisition agreements with several operating companies with a long history of successful financial performance.
LOL This is genius, I have to admit. Yes, she negotiated agreements. Unfortunately, not a single one was ever consummated, with the exception of Colorocs, which was unwound after a few months. But let's not taint the spin with facts.
News - June 27. Aluf Holdings Inc. Announces Retirement of Chairman, Donald C. Bennett.
https://www.otcmarkets.com/stock/AHIX/news/Aluf-Holdings-Inc-Announces-Retirement-of-Chairman-Donald-C-Bennett?id=445192
This new photo is before the photoshopped one was taken.
https://www.aluf.com/teamf/
I'm all for realism.
First order of business for Paresi should be to fire McWilliams. What has she accomplished since 2011?
Teresa McWilliams, Founder and Chief Financial Officer
For more than 30 years, Teresa McWilliams has applied strong analytical skills, strategic planning, and guidance for public, nonprofit, and privately held companies. Since 2011, Ms. McWilliams has been co-leading Aluf Holdings, as Interim Chief Executive Officer, Chief Financial Officer, and Secretary. Currently, as Aluf’s Chief Executive Officer, Ms. McWilliams is responsible for developing and managing acquisitions, growth, financial strategies and regulations, capital generation, and relationships with key financial institutions and private equity firms.
And her only claim to fame is having the company buy her tax prep business. This performance is only possible if you're a public company with a d0-nothing COB and no independent directors. In fact, get rid of the lot of them. Bennett, Striggles and Marks-Canty.
Has AHIX found their savior?
Joseph S. Paresi, Chief Executive Officer (Acting)
Mr. Paresi possesses over 45 years of advancement in High Technology-based companies. Mr. Paresi currently advises Aluf’s CEO, Board of Directors and provides leadership in raising capital to improve overall operations and consummate planned Mergers and Acquisitions. Upon the successful completion of funding for one of the company’s acquisitions, Mr. Paresi will join the company’s C-suite as its President and Chief Executive Officer, responsible for overseeing all operations, including cost controls throughout.
Prior to Aluf, Mr. Paresi held roles as the Corporate Director of Technology at Loral and Lockheed Martin, was part of the founding team and Corporate Vice President at L-3 Communications (Now L-3/Harris), Founder of L-3 Security & Detection Systems (Acquired for $1B), and Co founder of L-1 Identity Solutions (acquired for $1.9B).
Mr. Paresi has a Bachelor and Master Degree in Electrical Engineering, MBA/Finance, DoD Program Management Degree and Secret Clearance and Top Secret/Special Compartmental Information Eligible.
Still Limited Info. The amazing CEO and former CFO (Teresa McWilliams) hasn't filed the Q1 report yet. Nor has she filed a Notification of Late Filing for it.
And it remains to be seen whether OTC Markets has accepted the twice amended annual.
How much does she gat paid again?
There better be either a pr or an 8-K issued soon, as that amount of shares equates to over $2M. Did they close on one of their acquisition targets, I wonder?
Adding more to the stash!
🚨 $AHIX
💰0.0145
Pink Current, AS: 2.3B, OS: 1.6B, US: 69M
Update Delay: 72 hours
Outstanding Shares Updated:
🔴 1,479,442,476 (2024-05-29)
🟢 1,645,804,476 (2024-06-03)
Difference: +11.2% (+166M)
Restricted Shares Updated:
🔴 1,409,992,093 (2024-05-29)
🟢 1,576,354,093 (2024-06-03)
Difference: +11.8% (+166M)
I know the SEC turns a blind eye to OTC companies but they really should make an exception in the case of AHIX. All they'd have to do is consider the disparity between their many years of failures to establish or acquire a viable company as well as even retain a CEO for any period of time, and the press releases they put out. Their business description, as well. Both are jokes. Speaking of jokes, there's the salary Teresa McWilliams receives (I won't say earns) for all the past failures.
Consider that the only active business being conducted is the tax prep operation that McWilliams had the company buy from her. A business that loses money. And the market cap for this ticker is over $20,000,000?! Like I said, to protect the public from these people, the SEC should shut them down.
I wonder who just received 30M shares of restricted stock?
At $.0145, that's a whopping $435,000.
Outstanding Shares Updated:
🔴 1,449,442,476 (2024-05-02)
🟢 1,479,442,476 (2024-05-29)
Difference: +2.1% (+30M)
Restricted Shares Updated:
🔴 1,379,992,093 (2024-05-02)
🟢 1,409,992,093 (2024-05-29)
Difference: +2.2% (+30M)
https://t.me/otcupdates/72378
OMG...perhaps an AI makeover? Lol
WOW! Teresa looks to have had a complete makeover in the glamour shot she had done for the company website.
https://www.aluf.com/teamf/
Good for her. Dropped a few pounds, maybe had a facelift and went silver.
I see on FB they're saying Larry Striggles has joined the tax prep business doing tax returns.
https://www.facebook.com/photo?fbid=851043267034252&set=a.499355442203038
It's now a two person shop.
https://myrapidtaxusa.com/?fbclid=IwZXh0bgNhZW0CMTAAAR0FtCgftRQb0VFfOumMiTps0gxIpc2_OwTjd_Q8ayEjcIKRgg76Ksk0YjQ_aem_AelPaapwMLUaNGyZI8aLQEsmYZuSH-tL1oIVh7oBhr5a2HDpNPrIbzcn3cEjpOZfRQDKQVQsxU_g9n6SOnbWO6YS
He wears many hats. He's also an officer of the company.
Larry G. Striggles, Director of Accounting and Financial Reporting
Q1 report is out.
https://www.otcmarkets.com/otcapi/company/financial-report/403113/content
Gross Sales $41,760. And this is the busiest time of the year for tax preparation.
Does anyone think the market cap for this company should be anywhere close to $21,016,916?
I wonder if I ever did the calculation on what AHIX paid McWilliams for her company? I know the Landis's were given 1M restricted shares for their ownership interest but I don't know what %age they owned. At the time of issuance, the shares were at $.0075 making the value of those shares worth just $7500. Seeing how the business loses money every year, I'm surprised they could stay in business as long as they did.
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