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.
Jesse Tinsley is now CEO of Recruiter.com according to his LI.
https://www.linkedin.com/in/jessetinsley?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app
I guess there will be a PR over at RCRT at some point.
JobMobz deal looks complete, one less thing done. Spin-Out may be getting direct focus now. IMO
Looking for a few bucks
I have an order in at .01
The world is moving really fast, true.
Oh yeah but I meant currently that could explain him asking
Technically it makes them a competitor to JobMobz since they are buying the entire Receuiting division from RCRT.
I think RCRT will be moving in the Fintech direction which is an additional reason why they signed the licensing agreement for GOLQ tech. I believe they will eventually merge them into the RCRT shell but had to protect the Naz listing first.
IMO.
I also think Miles and Evan saw the writing on the wall when LinkedIn started their own recruiting stuff. The fact X is now moving into the space was probably confirmation they were probably right to direct focus on AI related products to support groups like them.
This was her post:
The Everything App gets closer every day with more Video options to Calling to Grok to Job postings! Speaking of jobs — there are now 1 million positions listed. Just search and apply here:https://t.co/mkWJhiYIi8 pic.twitter.com/do36L0OhmF
— Linda Yaccarino (@lindayaX) February 26, 2024
I don’t see any reason why not.
New Twitter CEO was raving last week about how many people got hired through Twitter job postings which then makes them a competitor to RCRT currently.
I saw this as well. I couldn't get it posted. Made me go, HMMM!!
Curious why he would be asking for this information?
Does anyone have some sample analytics from Twitter's hiring tool?
— Miles Jennings (@MilesWorks) March 5, 2024
Also on LinkedIn too..
MediaBistro has a pretty good size following on X. 149k followers.
https://x.com/mediabistro?s=21&t=_YLIoordtKZeFPbQ_4Ezxw
I suppose folks don’t see that $AESO is already essentially RCRT’s subsidiary at least for now. Once the spin-out is complete it will have its own new identity as whatever ticker gets requested from FINRA.
Yulp. This is not America.
We have been living under a military State since Bush. They won't do shit. America has been headed exactly where they want it to head.
Trump really messed them up.
Trump gets in and your going to see a new Pentagon. Or they kill him.
Well, I'm off to cast my Alabamian vote. Let's see how many Democrats crossed over to vote for Nikki today. Georgia will bet in many as well.
Our normal OTC penny community only looks to the OTC website.
And we need those eyes to lift this boat.
This should be above .065 today.,
I brought in a buyer…seems like they have shares still at that .0167.
I will clear them soon
Agreed. OT but whether you like Trump or not. What they are trying to do to him is banana republic shit. It needs to stop but it wont.
They rightfully failed, but I understand what you’re saying. Jenna Griswold is a clown.
Might be a minute. The SOS of Colorado is to busy trying to keep Trump of the ballot
The RCRT Board approved a CognoGroup Name and ticker change on 2/13 per the shareholder update release 2/26. I have been refreshing CO SOS daily for it to hit.
https://feeds.issuerdirect.com/news-release.html?newsid=8147323872573577
I don’t think so but based on the last PR…they could have filed the next day as they got approval to kickstart the process
Not sure but I agree with Trefontane.
Looking at RCRT current SS shouldn’t make this an issue but we are in OTC were the average trader has attention span of a TikTOKer…lol.
AESO can lose that shell badge then.
Anyone know if we have a Symbol/name change in the works?
I totally agree with you. What those waiting for clarity don’t understand though is this: when there isn’t as much clarity, it’s cheaper and risk is considerably lower.
By the time you get all the clarity you want, the risk is higher as you have to buy higher.
That’s why only few win in this market.
The time to buy BTC was early 2022-23 when no one wanted it but you will have more buyers buying at 60k+ and getting burnt..lol
That's a fair statement. However, with only 1.3 million shares out there for RCRT, you would think it wouldn't take much. But to your point, I do believe people are waiting for more clarity on what AESO/Cognogroup looks like. But reading the tea leaves I would be shocked it doesn't look better than $.10
Good point, when would that decision be announced?
You have appreciate how many shares will be added to this existing O/S to take care of existing RCRT shareholders…market likes clarity before movement.
I remember LEAS being this stagnant last year awaiting its SPAC merger and only started to move last month after clarity
Exactly Doesn't make sense but here we are. Its the OTC and people need to see confirmation of the transition.
Let’s just assume this one Co rev are $ 6 million, if the OS is approx $47.5 million with no mulitples puts the pps at .12 with simple math. JMHO.
About what I've found. I see it in the $4-10 mill range. When added to everything else that will be in AESO, to me your looking at revs in the $20+ mill. And I'm sure more AI prospects. Unless I'm missing something or these guys pull a crazy Ivan. It should have a nice move up.
Right. I think they said first part of March, so that would be about right. of course things can slide. Until we get Miles talking about AESO/Cognogroup and PR 's, we will sit idle I think. No visibility right now and not enough people looking to take a position. Which kind of surprises me to be honest. to many good things coming. But sometimes it takes time for people to find and see the value.
Recruiter.com bought MediaBistro from Parrut.inc, you can find that in the RCRt filings. But it’s on wiki too.
https://en.m.wikipedia.org/wiki/Mediabistro_(website)
MediaBistro has been sold a couple times in its history from my DD. recruiter.com currently owns it, I think they bought it from 2 owners ago if I remember correctly.
https://www.mediabistro.com/
Still does good revs I think. Based on RCRT Quarterly reports I’m pretty sure that’s where most of their income is currently from. Anywhere from $2-10M annually. That’s just an estimate. I will dig into it more.
Is this the Co?
Jupitermedia: In its 10-Q, the stock photo and online media company, says its MediaBistro unit did revenue of $2.3 million in the latest quarter, and $4.4 million in the first half. Based on the $5 million in revenue the company did in the second half of last year, the unit now has trailing revenue of $9.4 million.
JobMobz deal should be final next week. $1.8M in revenue for $AESO right out of the gate. 10% of JobMobz shares, additional revs from Service agreements. This update was packed with goodies IMO.
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.
Agreed. Until we have volume they will play.
The level of manipulation here…as soon as I slapped the ask the 0.016 shares not only disappeared without completely filling my order…my partial is being hidden.
So where did all the big ask at 0.016 suddenly go…hahaha. Crooks
FWIW $GOLQ posted the same 8K basically yesterday with the licensing agreements.
https://www.otcmarkets.com/filing/html?id=17321383&guid=Zod-kWAqNviqJth
Yup…I spent hours on how RCRT came by…this is a replica except this is easier since we have a track record to rely on
Definitely in the works but you could have reminded him
Anyone know why YT links don’t show up on mobile?
Just for fun I’m linking this video since Hunter Gaylor is GOLQ’s COO and Millionways has a partnership with $RCRT which was part of the original spin-out to AESO per the video investor presentation.
I mentioned before QUBT had an LOI to buy Millionways, but this video has a lot of interesting info as to why.
However small the connection may be, I’m always gonna share stuff. Hopefully the video link is visible. You can search Markets Hunter to find him if the links below don’t work.
I’m not taking credit, it was probably in the works since they have to validate whether the Registered agent is onboard.
I agree with Tre, it was in queue and probably a funny coincidence.
I agree with Dcab, I’m willing to wait a long time for this develop.
If past performance is good indication of future behavior when evaluating our CEO than investors having nothing to worry about concerning AESO. I am very comfortable just to sit and wait for further developments on this stock. JMHO
You have to take some credit there me think for reminding him.
Good job
Nice, he must of had it in process don't you think? These guys are sharp and they know OTC and NASDQ as well as anyone. They know how to quickly navigate.
Funny thing, I sent him an email yesterday 2/28 at 8:26 am eastern about the periodic and the filing logged at 8:42.
I asked Miles yesterday about the CO SOS report and he delivered. He is on top of things IMO.
Expecting more there for the Name change and Articles.
https://coloradosos.gov/biz/ViewImage.do?masterFileId=20218241678&fileId=20241247973
Me too! Kicking myself for buying those 2s last week!
I wish Fink. I bought to many above .02 and Im maxed out for shares even at this level. Thought about a stink bid in the .00, but doubt it will get there. I got a fwe .015 yesterday
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.
__________________________________________________________-
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |