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.
Only if I had no revenue to report.
You know, like them.
That is some wacky statement of which the numbers certainly do not make sense.
Would you want them doing your taxes? LOL.
Aluf paid approximately US$250 thousand to acquire TPG, funded through a combination of seller financing and equity (approximately $200 thousand). Approximately 800 thousand shares were issued from Treasury, priced at $.25 per share.
This doesn't make sense.
Teresa's own little tax preparation company. I doubt the people buying today even bothered to find this out.
Wrong as wrong can be.
Share Structure - Updated January 10, 2023:
Transfer Agent Verified
No change - no dilution
Authorized Shares: 900,000,000
Outstanding Shares: 601,539,162
- Restricted: 570,509,910
- Unrestricted: 31,029,252
Note 1: It is only the Unrestricted Outstanding Shares count that is relevant to current trading.
Note 2: Low Unrestricted Outstanding Shares count - only 31M - for a stock in the .01 > $1 + range.
https://www.otcmarkets.com/stock/AHIX/security
News - January 10. Aluf Holdings, Inc. Completes Acquisition of Premier Tax Practice and Advisory Services, Rapid Tax USA.
https://www.otcmarkets.com/stock/AHIX/news/Aluf-Holdings-Inc-Completes-Acquisition-of-Premier-Tax-Practice-and-Advisory-Services-Rapid-Tax-USA?id=385827
That's true. It'll be interesting to see whether they start a new one.
That Twitter account used to pump a business model they never succeeded in achieving. No point in using it anymore. Now they can hide all their past baseless pumping.
When did they close their Twitter account?
https://twitter.com/aluf
I don't imagine filling the shell with their own failed businesses is what shareholders wanted to see. Can't wait to see what revenue they report.
They probably don't know what to do...
How does AHIX buying Teresa's little mom and pop tax preparation business fit into their business model?
Aluf Holdings, Inc. (AHIX) is a holding company headquartered in Fort Lauderdale, FL, engaged in acquiring, operating and managing subsidiary companies in the development and sale of proprietary software. The Company's strategy is to build a large portfolio of companies with more diverse enterprise software solutions through strategic acquisitions and managed growth as it acquires profitable businesses with strong growth potential and a solid business plan. Our technology acquisitions stem from a surge in momentum in the tech space; especially in areas of biometrics and cyber security, cloud-based software services (SaaS), medical applications, energy production, IoE (Internet of Everything) services, and global law enforcement and military-based offensive and defensive applications. in the software and technology industries.
The company can't even be bothered to update the website to show Jakobs as the new CEO.
https://www.aluf.com/team/
A little self-serving, isn't it? And how will shareholders know if they're paying an appropriate price for these officer's companies? Will there be a third party independent valuation done?
OMG...this is some next level craziness...
First AHIX sets out to purchase the CEOs two companies. Now, AHIX sets out to buy McWilliams'.
https://myrapidtaxusa.com/
At east, these will more than likely close. Then, AHIX will have three subsidiaries that don't make a whole hell of a lot of money. It'll be interesting to see what AHIX shareholders will have to pay for the officer's companies.
News - December 15. Aluf Holdings, Inc. Enters Financial Services Arena and Acquires Leading Edge Virtual Tax, Accounting, and Advisory Firm.
https://www.otcmarkets.com/stock/AHIX/news/story?e&id=2406175
Anyone familiar with AHIX, it's history and officers, is laughing at that pr. Anyone not familiar with it will recognize it as typical OTC blather.
$AHIX Aluf Holdings, Inc. CEO Update to Shareholders
https://www.globenewswire.com/news-release/2022/12/13/2572619/0/en/Aluf-Holdings-Inc-CEO-Update-to-Shareholders.html
FT. LAUDERDALE, Fla., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Aluf Holdings, Inc. ("AHIX") ("Aluf") (OTC PINK: AHIX), a holding company headquartered in Fort Lauderdale, FL, engaged in acquiring, operating, and managing subsidiaries in the development and sale of proprietary software, and bringing to market advanced technologies and business management solutions, is publishing the following letter to shareholders communicating company updates from its CEO, Sam Jakobs.
Dear fellow shareholders:
As we collectively see a close to a very dynamic 2022, I would like to provide an update on the strategic initiatives that have been undertaken by management designed to provide premier products and services to individuals, communities, and corporations in effort to generate positive cash flows for the company and increase shareholder value.
To that end, we are announcing the formation of three separate business segments developed to diversify our future revenue streams and expand our national brand. The segments are as follows:
Business and Financial Solutions;
Technology Solutions;
Life Solutions.
As we move forward into 2023, our branding and website will be enhanced to reflect the expanded direction of the Company. Our management team and talented staff of professionals have been working diligently to engage with product and service providers who are leaders in their industry to complete our stable of offerings. Aluf Holdings, Inc. is also staying dedicated to its merger and acquisition strategy and moving forward with the previously announced deals with BizzUniverse, Inc. and Bizz Shield Pro, Inc. Furthermore, we are continuously pursuing acquisition targets specifically intended to complement our business model.
Management believes that through the incorporation of proprietary and third-party sources Aluf Holdings, Inc. will be a robust platform for our customers, allowing them to gain access to the solutions they are searching for with ease.
A sincere thank you to you, our shareholders. for your continued trust and support.
Sincerely,
Sam Jakobs
Chief Executive Officer
Aluf Holdings, Inc.
Share Structure - Updated December 13, 2022:
Transfer Agent Verified
No change - no dilution
Authorized Shares: 900,000,000
Outstanding Shares: 601,539,162
- Restricted: 570,509,910
- Unrestricted: 31,029,252
Note 1: It is only the Unrestricted Outstanding Shares count that is relevant to current trading.
Note 2: Low Unrestricted Outstanding Shares count - only 31M - for a stock in the .012 > $1 + range.
https://www.otcmarkets.com/stock/AHIX/security
News - December 13. Aluf Holdings, Inc. CEO Update to Shareholders.
https://www.otcmarkets.com/stock/AHIX/news/Aluf-Holdings-Inc-CEO-Update-to-Shareholders?id=383613
AHIX, Dead in the Water where it belongs!!!!!!!!
Time isn't a factor when Finra considers granting a R/S. A couple of years is nothing.
You're right. They have too many obligations that require shares to be issued. Existing and upcoming.
They are going to have to make a choice of one of the 2 options. They will not have a choice as the outstanding shares will max out to the authorized share count.
The R/S is not ideal for shareholders but they are within their right to do so.
Not another r/s, they just did one a couple years ago.
They are going to have to increase the Authorized Shares limit or reverse split in short time.
Q out. Pathetic as expected.
https://www.otcmarkets.com/otcapi/company/financial-report/351338/content
The first announcement of Jakobs buying his own company was met with complete lack of interest. This second one was met with disdain.
The funny thing is, no one expected the other arms-length acquisitions to happen, except in the case of Colotraq which got undone. Now, at least these "acquisitions" will probably close since it's Jakobs that's selling them.
Too bad we don't know what their financials look like. As if they had any in the case of this latest one that just became a company back in March..
And the public seems to know better by now. Not falling for these incestuous acquisitions.
$AHIX Aluf Holdings, Inc. to Acquire Bizz Shield Pro, Inc. a Premier Benefits Provider Network and Revenue Generation Platform
https://www.globenewswire.com/news-release/2022/11/03/2547445/0/en/Aluf-Holdings-Inc-to-Acquire-Bizz-Shield-Pro-Inc-a-Premier-Benefits-Provider-Network-and-Revenue-Generation-Platform.html
FT. LAUDERDALE, Fla., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Aluf Holdings, Inc. ("AHIX") ("Aluf") (OTC PINK: AHIX) a holding company engaged in acquiring, operating, and managing subsidiary companies in the development and sale of proprietary software, and technology solutions, today announced the execution of a non-binding Letter of Intent to acquire Bizz Shield Pro, Inc., a privately held company with a technology-based platform providing discount medical and life-style benefit programs, as well as income generation opportunities for entrepreneurs.
The LOI forms the basis of an agreement which, if consummated, is consistent with the Company`s strategic plan to aggressively achieve profitability and growth through insightful value-added mergers and acquisitions. There are several steps outlined in the LOI, and after completion of satisfactory due diligence, a definitive agreement will be executed. Subject to the acceptance of the definitive agreement, closing is expected to take place in early Q1 2023. The Terms of the Letter of Intent contemplate total consideration for this transaction in the amount of $3.5M which includes issuance of restricted common stock of the company, and short-term seller financing in the form of an unsecured promissory note.
No further information is available at this time.
"a Premier Benefits Provider Network"
What do they think "premier" means?
Does it even have current revenue being that it only registered as a company back in March?
More BS, just like the other Jakobs company.
The founders and management team have deep domain expertise and experience in software development, sales, internet, and traditional marketing (domestically and internationally), additionally possessing a strong discipline in both financial and operational management. The Company is expected to be operating in a cash flow positive position by Q3 2023, with projected year over year growth expected to result in a valuation of over $18M by the end of year three
Sound familiar? It should.
The Company is expected to be operating in a cash flow positive position by Q2 2023, with projected year over year growth expected to result in a valuation of over $25M by the end of year three.
Another Sam Jacobs company.
https://bisprofiles.com/fl/bizz-shield-pro-p22000021819
Date of Incorporation March 23, 2022
News - November 3. Aluf Holdings, Inc. to Acquire Bizz Shield Pro, Inc. a Premier Benefits Provider Network and Revenue Generation Platform.
https://www.otcmarkets.com/stock/AHIX/news/Aluf-Holdings-Inc-to-Acquire-Bizz-Shield-Pro-Inc-a-Premier-Benefits-Provider-Network-and-Revenue-Generation-Platform?id=378759
I know...right.
Seem to be talking in circles.
There's no "update" in this update. More of a reminder that they're supposedly doing something other than sitting on their hands.
https://www.otcmarkets.com/stock/AHIX/news/Aluf-Holdings-Inc-Gives-Update-on-Development-of-Digital-Healthcare-Device?id=378389
Actually, I've been following it for ten years not eight.
My first post to the board was simply informational.
I think we find it curios that you have been following this company for 8 years and obsessed w Teresa
Sadly, shareholders won't know anything about the company's financials until the annual gets posted at the end of March next year.
Do you find it curious that they waited until after the third quarter period was up before they announced the acquisition considering that Jakobs was appointed CEO back on May 5?
I believe this will be a completed "acquisition". AHIX shareholders are paying the bill for the CEO of AHIX to purchase his currently unprofitable private company. LOL.
The press release mentions they expect it to be profitable in Q2. That right now tells you it is currently losing money.
Let's be realistic. AHIX has done absolutely nothing but put out press releases about "acquiring" other companies. And not one has been completed.
Fool me once, fine. Fool me half a dozen times? I don't think so.
.10+ coming!!!!!!!
And through what may be a very sweet deal. Hell, BizzUniverse could be on the verge of bankruptcy for all shareholders know.
This is where disclosure is important. I wonder what Lisa Marks-Canty has to say about this deal? That's what "Independent" directors are for.
Wow. Let's make this very clear to all.
The current, new, CEO of ALUF is going to acquire his own private company.
LOL
Someone should ask Jakobs to explain why his company BizzUniverse is worth what he's having AHIX shareholders to pay for it.
The Terms of the Letter of Intent contemplate total consideration for this transaction in the amount of $7.5M
What were last year's revenue? Profits (if any)? Debt level?
Was this the plan all along when Jakobs came on board as CEO of AHIX?
News - October 27. Aluf Holdings, Inc. to Acquire BizzUniverse, Inc. a Technology Company Serving Commercial and Business Development Communities.
https://www.otcmarkets.com/stock/AHIX/news/Aluf-Holdings-Inc-to-Acquire-BizzUniverse-Inc-a-Technology-Company-Serving-Commercial-and-Business-Development-Communiti?id=377842
Oh, for Pete's sake! Guess who's president of BizzUniverse?
https://bisprofiles.com/fl/bizzuniverse-p15000061107
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |