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Good f-ing stuff!!
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 to CognoGroup, LLC, and the reorganization of Recruiter.com Recruiting Solutions, LLC to a subsidiary of Atlantic Energy Solutions, Inc. Additionally, the Board of Directors authorized that management may take such steps necessary to change the name of Recruiter.com Group, Inc. to reflect its purpose and a corresponding change to the company’s stock symbol.
Very nice 8K this evening. Not waiting on the proxy vote for the JobMobz deal.
On February 13, 2024, the Company obtained the consent of Job Mobz to proceed with the transactions contemplated by the Job Mobz Agreement without obtaining such shareholder approval.
https://www.otcmarkets.com/filing/html?id=17289325&guid=-0d-kF9S0Yi7B3h
I painted it for you, but doesn't look like anyone got filled. Lets see what happens tomorrow. if no buying pressure, probably will get knocked down
The play next week.
End of the day, last 15 min, set your BID then slap to paint it up.
Dip shit will fill your basket when they kick it down.
Someone scored those. Nice choice they made IMO! $AESO
Well, I take it back it’s no painting, 20k shares
There is a real rumble in the jungle with this one, even out of the box it may ten bag but that could be just the start. Thinking long term on this one.
Nancy is a pauper compared to the folks she works for, just sayin’
Pure wisdom
Nancy needs to eat too.
They own congress, never gonna see that happen Fink.
Those AUMs. That's the problem in America. Congress should strip them of their proxy vote abilities.
You'd see that woke shit die on the vine.
A very simple fix.
Walleye is big hedge fund.
https://whalewisdom.com/filer/walleye-trading-advisors-llc
Very nice article! $AESO
Private enterprise (equity)
What's "PE"?
Nice find. People are talking about this. More eyes are on it than we must think.
Pieces are falling into place. Good article . Talks about the sale of Recruiter.com to Job Mobz. Looks like early March is the closing.
https://www.marketwatch.com/press-release/job-mobz-announces-hiring-matt-charney-as-new-editor-in-chief-2222124d?mod=search_headline
Also, I find it interesting that Walleye Capital now owns 7%+ of RCRT, which is losing the Domain and their brand. Why would an established PE buy into this business knowing its moving into an OTC Shell AESO? They obviously know AESO will have a decent enterprise value.
I know the feeling. Did it for 35years. Sat on my ass and was blessed with a good office window
Lol. I’d say you are right. I’m just here sitting at my day job… daydreaming, adding
Mr Buckets, sounds like you and I need to be on ADHD meds. Apparently we like to focus on weird shit.
Maybe one day soon it will turn into solid DD
Added a few more as well to get to that even number
Rounded up my stack. Least I could do.
Let's see how long till they knock it back down.
I like round numbers..
Interesting seeing RCRT this premarket. Spiked over $3.50 for a minute this morning. Traded more volume in premarket than all of yesterday. Might be short covering ?, interesting to watch. AESO is joined at the hip to RCRT so should be positive
Not a matter of if any more but just when. Wait until the name changes. JMHO
That’s the expectation. Sooner or later is anyone’s guess.
RCRT having a big run at close. Just a matter of time before people start putting the pieces together and see how AESO IS RCRT
I added those two tickets myself. Typical post finish for me.
Yes good to see. So did he add the $AESO at the bottom of his email or did you add that to your post?
Wow, you can’t tell we are dealing with a management that knows what it’s doing!
Smart moves with an intelligent outcome!
Glad he put that out for everyone! I was trying not to be a pita when emailing him. He obviously cares about shareholders of would just ignore me.
Me:2/1
Afternoon Miles,
Getting close to that NASDAQ SE requirement deadline. I’m sure you guys have a good plan in place to mitigate. Honestly, I’m just interested in seeing how RCRT sticks it to the oversight police.
Good Luck!
Best,
Jeremy
Him:
On Feb 1, 2024, at 2:48?PM, Miles Jennings
?Thanks Jeremy!
Me: 2/12
Good morning Miles,
Will you be informing RCRT shareholders that Nasdaq minimum Shareholder Equity has been met? The 8k said you had until 2/13 to be compliant.
Just wondering, since it’s pretty important to the GOLQ deal and AESO spinoff.
Have a good week!
Best,
Jeremy
Him: this morning 9:37am
Hi Jeremy, the company issued an 8K yesterday: https://app.quotemedia.com/data/downloadFiling?webmasterId=102691&ref=318060724&type=HTML&symbol=RCRT&cdn=5dc25b8ad39c212105691c2e856251da&companyName=Recruiter.com+Group+Inc.&formType=8-K&formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&dateFiled=2024-02-13
Thanks for your continued interest and support.
Best,
Miles
$AESO
$RCRT
Great news, thanks for the post
8K out for RCRT. This is great news for AESO. Looks like they made great moves to stay compliant with NASDQ . The key was cleaning up the debt. Now that they've restructured the debt, they should be free to start moving assets into AESO.
https://www.otcmarkets.com/filing/html?id=17264188&guid=AJd-kaQlROwfJth
So far decent bid , don;t know how deep it is. I don't think there is much behind .03. I know it doesn't mean much but at close when the ask comes off. The ask is over .06. So not much there on the sell side is my guess. So yes float looks to be held tight. If we can get some positive news this will jump hard.
I think they had a NASDAQ decision day for RCRT so might get some news from that.
Hanging tough.
Looks like the float is back to a tight hold.
That would be nice. Hopefully Miles gives you a better response.
They need to slap instead. I sent Miles another email.
RCRT is firming and moving up. AESO is catching a bid. Someone wants in. Good to see. Might be the start of positive news
Dumb if you ask me, just noticed RCRT is having a good day today. Wonder if something’s up. Gonna start digging around.
Really people! .016?
But I get it, $800 is a sweet nut on a Friday.
That punched me in the dick for $2,500 on paper.
Supposedly, LOL.
For years..........
It's like showing an assest in your potential to secure a line of credit.
Not really an assest.
Shareholders equity is a real Debt. Debts are always an assest. You can sell debt. LOL
If that was the case they should have been able to show that Share Holder Equity boost on the last 10-Q and meet the Naz requirement.
They got the notice from Naz 11/2 against 6/30 10-Q numbers so it may be cleared up already.
However, I don’t see where they took advantage of the 450M AESO treasury for boosting the SE of RCRT in the most recent 10-Q for 9/30. It wasn’t released until 11/20. Might require an amendment to include that data.
Nice info though, Fink, thanks!
LOL.
Something like that.
Seems that is the flavor of the month. What kind of app? Haha.
Seems there is always a new app that is going to run one of these dead shells.
If Trump gets back in office, many dead shells are going to go ballistic. No confidence the past 3 years other than Chinese chit.
ENGA is now BBUZ, a super app coming supposedly.
Bought more AESO yesterday, locked & loaded here...
I forget the play years ago, ENGA. A holding Company. Merged in a few dead shell plays just to absorb the market caps into their balance sheet.
It's the first thing one CEO asks another CEO at a cocktail party. Like sizing up dick size. I've heard it. What's your Market cap? Without getting into operational details.
Are you a $1m Company or a $650m + Company? Shows what they are managing.
Not that it's what is going on in here. There would be way more pump going on.
I'm no CPA, but shares in treasury must account for some value with the bottom line? 450m in AESO's treasury is a lot is gas left in the tank.
Excellent points.
I had a thought last night that the delay here with AESO is probably necessary. Plus, Montage and all their barriers. My theory atm is:
The revenue and share holdings they received from FTRS and probably JobMobz by now will likely be used to show NasDaq they meet the 2.5M SH equity requirement. So this is my assumption as to why they listed the shell as a company asset when they bought it for 80K.
If that’s what they’re betting on, I hope it works since the GOLQ deal is contingent also on them still being a Nasdaq shell.
Probably won’t know the details of that until they either hold or sked a SH meeting which is also required by Nasdaq or the 10K hits.
YES
What matters is for the all the proposed deals to come through, something concrete that moves it from an empty shell into something of substance.
I don’t think all those moves matter…even if we get to 0.05 pre merger…the big spread means we can see 0.01 again in just a jiffy.
What matters is for the all the proposed deals to come through, something concrete that moves it from an empty shell into something of substance.
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
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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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