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Another week passes with no update, reminds of the quote, "The best laid plans of mice and men often go awry”. JMHO.
Not me, I got my $5k riding on this horse.
It would have to tank hard for me to throw in more $.
So is anyone here bidding? the bid and ask has improved some and we had that large bid of 700,000 last week. Wonder if its a local or someone from the outside
There was an 8K filed for RCRT yesterday highlighting their debt repayment. I think they are dealing with a hangover from drinking to much debt. Looks like its getting cleared out and we will see something soon. There's progress but very slow.
Completely surprised.
Shocked...
Because the deal is too big and intricate to appeal to the common OTC player.
I was just looking for an end of the week paint. Maybe not.
I am surprised that there has not been any updates concerning the missed deadlines.
I did see where RCRT filed a S-8 which I had to look up. Its for issuing stock for employee compensation. Lets see if this ignites anything
Who's gonna feed it?
Someone looking for a tired retail to exit
If I wanted out, I'd set a bid @ .015 to get someone to trump me then feed him.
.0075 is a give away.
Pretty large bid showing on my screen. 692K at .0074.
For what its worth, thats at least a nice bid at .0074
I think selling is a possibility as well which might not be a bad idea as long as the buyer isn’t going to be a bad actor like John..that will dilute us into oblivion!
This SS is looking so awesome still.
Just curious if anyone contacts Miles recently?
Can I have the email pls?
True. Just shows how thin this is!
I had said this before that the GOLQ crew doesn’t appear to be competent. My guess was they just wanted a Nasdaq shell for something and some reason. Not sure what, but when GammaRey failed the other Fintech stuff in their stable looked very weak.
I don’t think AESO will be sold. Based on the way the deal is structured in filings they will end up with a percentage of RCRT for the holdings company.
Things change though so who knows. I really do believe the hold up is with Montage because JobMobz hasn’t finished paying for Recruiter.com domain and property.
I'm starting to think the RCRT business is going to die on the vine. Which could lead to them taking the AESO ticker and selling it off. Probably wishful thinking but its amazing how RCRT lacks any progress . I don't believe anything is preventing that entity from operating. Just no traction at all
Amen, I'm up a cool $2.5k this morning.
It helps to motivate me to leave everything alone.
Who's turn is it next? LOL
Looks nice when someone does this.
2K shares up 140% is bananas.
I’m of the mindset that JM has already pretty much integrated Recruiter.com stuff into their stable fairly deeply and They’ll pay sooner or later. It’s possible Miles put this deal on the back burner too while he dealt with all the issues with RCRT maintaining Nasdaq compliance. Plus the default with Calvary and a slew of other changes. That seemed to really slow them down. I’m mean shit happens when big moves like this are being done. I’m just giving it time.
You're probably right. I'm half tempted to post on his Linkedin profile and call him out. He boasts having companies with millions in revenue, yet he cant pay for Recruiters.com
I think it all is because of the JM payment delays. The Montage agreement wouldn’t let them spinout until they got the funds from that deal. Another reason for the future late penalties. IMO
This stagnation is perplexing. They seem to be struggling in creating any meaningful action /direction for either RCRT or AESO. Neither have seen any management execution.
Amen. In Paris and would love to make enough $$ to get home and hit Chick Fil-a
Well, I’m sure everyone here would like to see this move much more North. My thoughts though make me curious whether revenue is shared in advance of the equity distributions. That may stifle any large swing. I’m just here for whatever happens at this point.
$AESO
Remember Gnaryland in the otc stocks are manipulated up by people that want the up and manipulated down by people that want them down. I am sure that there some very powerful investors behind this deal and for some reason this deal is not ready to be finalized. Your guess is as good as anyone's. In this perfect storm of a stock we all know that the minute this shell produces revenue the pps is moving north in a big way. JMO.
No agency to submit a filing definitely, but company deals between themselves may be performed whenever the chose.
Who knows Fink. If it’s done maybe we see a filing or some news this week. If not, then it’s more waiting. IDK man, I just follow the filings available for this one. They’ve thrown a few loops in I wasn’t expecting along the way.
9/2 Labor Day. Nothing open.
Would be nice to get an update next week on all this.
Where did you get that idea? They have to 9/2 is why I’m asking, you find something?
It appears JobMobz has no problems paying the fine for being late with the filing. JMO
Well my predictions on their decision to fine them is just a guess, but it would be nice if they would close that deal and get this moving. I have no confidence in the crew taking over RCRT. Anyway, hope for safe travels on your trip Fink!
9/2 is fast approaching. My kids birthday.
I'll be taking him to Europe to study abroad this Monday.
I hope when I get back on the 6th, this is above .06
Thanks, what you stated makes perfect sense.
They probably expect that to be done by September and why they decided to start fining JobMobz after Sept 2 if they don’t pay up. Could need the funds to pay for Finra and OTC change fees. Both would need costly updates, but would also drive buying interest for those newly converted shares incoming.
All IMO
Well today is supposed to be the Effective date of the corporate actions they with the RCRT Nevada SOS, but I don’t see any changes there.
I am interested to see if when those documents go live at NV SOS whether the RCRT name /ticker change as voted on. Mainly since New rules require Finra name /ticker change approval before SOS N/T changes.
I am simply assuming they did it at the same time for AESO, but that one is in CO SOS and has no changes since annual on 2/28/24
Only guessing since all of this was voted on in Mid-February. Which makes Aug - early September the 6mo average Finra mark.
I wouldn't even try and guess that milestone. FINRA is unpredictable.
Any time frame for the name/ symbol change?
Its been pretty quite here lately. Not much happening with Miles . I would expect things start to pop come Sept.
A little more love this morning. Who ever kissed this, thanks! I'm up $1k
This thing can really move if volume comes in..
A little love goes a long way
This is nice to see given the 10% equity stake for CognoGroup. IMO this guy isn’t going to want to pay the $25K penalties and will close by 9/2.
Yes, we're well into the 8 figures and profitable.
— Jesse Tinsley (@JesseTinsley) August 1, 2024
Not apples to apples 🙃
Thanks for the update.
August 20, 2024 Spin-out becomes effective.
From the RCRT Def 14C questions. Page. 4
Q. When will the Corporate Actions be effective?
A. The Charter Amendment will become effective after the filing of the Charter Amendment with the Secretary of State of the State of Nevada. Pursuant to Rule 14c-2(b) promulgated under the Exchange Act, such filing will not occur until at least 20 calendar days following the mailing of this Information Statement to our stockholders (the date immediately following such period being the “Effective Date”). The Company currently anticipates that the Amendment will be filed and take effect on or about August 20, 2024. The 2024 Plan adoption, the 2024 Exempt Offering, Debt Conversion, Management Issuance, and authorization for the CognoGroup Spin-out will become effective on the Effective Date.
https://www.otcmarkets.com/filing/html?id=17727099&guid=GEO-kq9sKMqCB3h
Beautiful! Thanks for sharing.
But we are still speculating on how much involvement Evan’s projects will be on here.
Regardless, that’s a beautiful venture.
All the best to us.
https://www.sohnconference.org/
The reason I am an investor here. JMO
Scary fact…lol
If we do 20 m in volume we will either be at .001 or .25. Hoping for the later
That's cool of you.
You got some vapor.
Watch us do 20m in volume tomorrow..
According to Miles the company will be a holding company.
Response from Miles about the general business design of Cognogroup.
| Fri, Sep 1, 2023, 1:31?PM | |||
|
Hi Jeremy,
Thanks for the nice note.
You're right, our plan for the new spinout company is more of a multi-brand holding company rather than a single brand company like Recruiter.com. As I mentioned on the last presentation, we are
concentrating on reducing costs, developing a lighter footprint, and focusing on technology-enabled businesses.
Miles
______________________________________________________
Spin Outs: Based on the Board vote on 2/13/2024 to begin the process of changing the coorporations name from Atlantic Energy - CognoGroup and also apply for a ticker change it is probable the MONTAGE debt arrangements listed in EXHIBIT 10.1 has been satified with the initial $1.5M payment, or will be by June 30, 2024.
Item 8.01. Other Events.
To prepare and effectuate the spin out of Atlantic Energy Solutions, Inc. (currently being renamed CognoGroup), on February 13,, 2024, the Board authorized certain corporate actions, including the transfer of assets and liabilities between subsidiaries of the Company, the renaming of Recruiter.com Recruiting Solutions, LLC (WA SOS) to CognoGroup, LLC, and the reorganization of Recruiter.com Recruiting Solutions, LLC to a subsidiary of Atlantic Energy Solutions, Inc. (CO SOS). Additionally, the Board of Directors authorized that management may take such steps necessary to change the name of Recruiter.com Group, Inc. (NV SOS) to reflect its purpose and a corresponding change to the company’s stock symbol.
https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/1462223/000165495424001976/rcrt_8k.htm
Also noted in the RCRT Shareholder Update: https://feeds.issuerdirect.com/news-release.html?newsid=8147323872573577
Spin-Out Update - CognoGroup
The Company is continuing its previously announced plans to consolidate its current assets into Atlantic Energy Solutions (OTC:AESO), which is planned to be renamed CognoGroup ("CognoGroup").
CognoGroup is planned to hold several assets and operating businesses, including Mediabistro, a leading job board for the media industry, the partnership with and shares of Job Mobz after the Recruiter.com transaction closes, shares of Futuris, Inc. granted to the Company from the recent sale of its healthcare staffing business, and other assets and ventures centered around artificial intelligence and recruitment technology.
On February 12, 2024, the Company's Board voted unanimously to perform certain administrative actions necessary to prepare for and effectuate the spin-out, including corporate restructuring and renaming.
10.1 Requirements (Montage requirements)
D. The JobMobz Sale, GoLogiq Acquisition, Asset Transfer and Spinoff Transaction are prohibited under the Agreement. Borrowers have requested, and Lender has agreed to, consent to the foregoing transactions in accordance with the terms set forth herein. The parties also desire to join Cognogroup as a Borrower to the Agreement and amend the Agreement in accordance with the terms of this Amendment.
Principal paydown is the $1.5M from Jobmobz.
4. Consent to Other Transactions. Following Lender’s receipt of the Principal Paydown, Lender consents to the Gologiq Acquisition (and the Change in Control resulting therefrom), the Asset Transfer, and the Spinoff Transaction.
https://www.sec.gov/Archives/edgar/data/1462223/000165495423011142/rcrt_ex101.htm
Spin-Out Companies / Partnerships
MediaBistro.com, This is a premier Job board for Media related hiring opportunites worldwide. Founded in the 1999 and sold 3-4 times according to Wikipedia. Parrut, Inc. purchased the MB company in 2021
https://www.mediabistro.com/
https://twitter.com/mediabistro Currently 145.9M followers
https://www.linkedin.com/company/mediabistro/ Currently 14K followers
https://www.facebook.com/mediabistro Currently 61K followers
https://en.wikipedia.org/wiki/Mediabistro_(website)The company was later acquired by Parrut, Inc. In 2021, Mediabistro was purchased by a recruiting solutions platform, for an undisclosed sum.
On March 27, 2024 The final payment for Mediabistro was made to Parrut, Inc in exchange for coverting the remaining balance into RCRT shares. This was announce via the 8k below.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1462223/000165495424004185/rcrt_8k.htm
The Company and Parrut, Inc. agreed to the conversion of the remainder of the Note, in the amount of Two Hundred Forty-Five Thousand Eight Hundred Eighty-Four United States Dollars and Fifty-Three Cents ($245,884.53) into 168,414 shares of the Company's common stock. This conversion represents a conversion price of $1.46 per share. The agreed-upon conversion has been made in full satisfaction of the specified amount of the Note, including accrued interest and penalties to date, with no other amounts due.
Candidate Pitch AI, Uses AI to develop E-Resumes, see video. https://candidatepitch.com/
Millionways, Inc. partnership. (Additonal Revenue sharing potential and equity agreements in article)
https://www.proactiveinvestors.com/companies/news/1018400/recruiter-com-partners-with-millionways-to-bring-ai-powered-personality-evaluation-to-hiring-1018400.html
https://finance.yahoo.com/news/recruiter-com-millionways-forge-partnership-130000728.html
Recruiter.com has agreed to pay millionways a licensing fee based on a revenue-sharing model. Under this agreement, millionways will receive fifty percent of the net revenue that stems from the product sales. Which means $AESO would presumably receive the other 50%
Demo https://millionways.ai/#/
Just prior to this partnership agreement, Millionways entered a LOI to give Quantum Computing, Inc. (NASDAQ: QUBT) Not sure how this affects $RCRT partnership.
https://www.quantumcomputinginc.com/press-releases/quantum-computing-inc-signs-letter-of-intent-to-acquire-privately-held-artificial-intelligence-platform-millionways/
AI Exchange Group (LinkedIn) https://www.linkedin.com/groups/37888
Plans for marketing $AESO products through this group. Per the statements in the Investor presentation video linked above.
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