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I'd love to get my ear into that meeting.
I've gotten nothing from IR.....yet
Till then, I'll just keep adding a few here and there. The Ask is at a killer price. I'd be averaging up, but tempting with the meeting so close.
I'd love to see us trend up after the meeting.
Perfect example GMan. All these nice nuggets of revenue scattered about in the past year. I'd like to see them collated into a nice concise presentation at the annual meeting. Show the path forward for both RCRT and AESO.
Those comments from Brent Suen look strong by the way
It’s possible the licensing agreement RCRT executed with GOLQ holds high revenue potential since RCRT only had to pay them 16.66% of RCRT O/S and an 8% royalty fee on product licensing revenues.
According to their June 26, 2023 Video presentation they had some sort of AI breakthrough presumably via Radix AI. This is from the video transcript… Gologiq BOD Brent Suen stated:
“Our tech team came to me and my COO and said we've actually just had a massive breakthrough that was, believe it or not, in April of this year, right before we were introduced to Miles and Evan and the team at RCRT. So it could not have been more timely. This breakthrough, by the way, generated 3 million in revenues on a pilot program the first month out with our partner, and this evidence points us towards a $70 million year, one run rate and profitability within three months.
So coming in as we are into RCRT right
now on the heels of this breakthrough, we think is extremely timely and extremely compelling to you all as shareholders of RCRT and subsequently GoLogiq.
——————————-
If RCRT using affiliates (CognoGroup) to license the products at an initial annual run rate of $70M - 8% to $GOLQ = $64.4M run rate.
Say RCRT splits that with $AESO 50/50, that ends up $32.2M annually just from the licensing agreement.
Seems far fetched, but is it? Radix is AI. Combine this with the other $RCRT spinout assets and could be $40M per year for the first few years as they scale and refine the products (development was as stated part of the licensing agreement).
This is all IMO, I do still think GOLQ eventually ends up in the Naz shell, which is why they listed the products could be bought for only $400K. Super cheap for tools that can supposedly generate $70 annually.
$AESO
Two years ago they were trading $3. 3 yrs ago they were at $10, split adjusted. What's left and what has been acquired that is moving to AESO, and how do they value that. That's my question. We can only piece together various statements and reports. Id would like to hear them explain their growth plans for the spin out company
From what we have posted in the past, .065-7 is doable.
I want my original cash out there and hold free going into the sunset.
Give it a few years to see how the Qs look.,
How far did these assets get Recruiter where they are today?
I would love to ask them to estimate the rev/ MC value of AESO once they transfers the assets to AESO. Someone ask BB to call in. I think he owns RCRT shares
How many of us have e-mailed IR about it being available at a later date?
I just did.
Don't treat me like some red headed adopted kid. I'm part of this family now.
Still crazy to me the 1634 watchers of RCRT don’t appear to be looking at $AESO on Stocktwits. Especially since they are being noted as a subsidiary. Guess some just don’t care for OTC.
RCRT = 1,634
AESO = 25
Bananas!
Someone will have to share the details since I don’t hold any $RCRT. No proxy code here.
Should be some good DD to come out of that if they don't rush the Question section
RCRT has an active proxy link this time around. Good news for them and $AESO since this is a subsidiary according to the PR below. Still moving forward toward value here.
https://seekingalpha.com/pr/19651284-recruiter-com-announces-annual-meeting-and-ceo-transition?hasComeFromMpArticle=false
https://east.virtualshareholdermeeting.com/vsm/web?pvskey=RCRT2024
Seems one retail MM and the other two are known bastards. Not much will change until Miles gives a reason to slap the ask, but once that happens this will move up quickly. IMO
Ave daily volume 57,500 shares today 257,000 shares up 447%
CDEL 150k on ask at 0.02
OTCN 180k at 0.02
GTSM at 0.0180 with hidden bid 10,000
Anyone been watching level 2, what MM are selling? Im curious if its retail dumping or mm moving shares around. Seems like retail
Here's your chance.
Sellers are freaking relentless.......
It's always about the market cap.... This current valuation for this company is not even close to it's potential, wish I would have grabbed more during this value cycle.
Market Cap 761,416 03/13/2024
They are going to need a lot of shares.....
Well said!!!!!!
Just hoping it stays down here for me to exit one or two other plays with minimal losses.
So I can scoop!
I can't believe people are playing with this down here,what just tossing darts or hand grenades?
Today's volume 81.8K Above Avg.
Anything is possible but I don't think there're enough shares to do that. They would have to be naked short for a long time and it could get costly, fast.
If they properly communicate we should be ok
Let 'em.
The Ask has already been crushed from .03 to .016
It's one hell of a buy today.
Unless the MM conspires and finds a way to bring us below 0.01…within that period
I'm not an accountant but I would think all financials to be transferred and continue to be be fully audited. RCRT financials of course have multi year audited financials since they are coming from a Nasdaq company. And AESO is also listed as Audited. So I would think keeping that status should be fairly easy. That why I think an uplist to QB should be pretty quick
I hope on the QB with audited $ and a new symbol/name.
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.
https://feeds.issuerdirect.com/news-release.html?newsid=8147323872573577
I made some edits to the IBox since there's been changes to the GOLQ deal (Licensing agreement for 10 yrs instead of Purchase of company). I added MediaBistro to the Spin-Out group, not sure why I left it out before since it is probably the main flagship at the moment. And some other details, filing links & such. Enjoy, $AESO!!
The one thing I learned from that was the difference between short term and long term gains, 10% as opposed to 35% tax liability. So long term holdings are fine by me, this is only a hobby anyway.
Once the hours of research are complete and you fill your position it is on automatic pilot for 12 months, where will this one be in 12 months if I do nothing?.
2021 was a different animal..zero interest rate, lockdown, free money from government, more time spent on computer with work from home.
I was up double what you showed then too. I jokingly say if you didnt make serious money in 2021 you probably shouldn’t be in the market…lol
The exact opposite of what’s happening right now.
So it’s understandable. But I do agree people aren’t really ready to wait or dig deep into any play these days
The only thing we need now is the investing public to get their head out of bit coins butt and start reinvesting in the speculative market.
This arena is as dead as I have seen it in 20 years, seems that if it is not being fed to the population on a silver spoon they will not invest, must be too much hard work for these kiddies to actually learn this craft, the complacent generation just wants to whine.
2 years ago it was worthwhile
.06-.065+ is a good start.
I have 1/12th of my shares there to go free.
And about 2 dozen price alerts before it triggers that price to modify up if needed.
I think what we will see is a company interested in telling its story. We should see good communication from mgt about their plans and what is happening. Its seems they like to engage the public . At least that's what they have done with RCRT. Extremely important while they start off in OTC Pink and start their uplist process.
Been a pretty long wait and a lot of digging through filings. GLTU
This is more of a time bomb than I thought it was.. I still have no clue where fair value will be but it sure isn't at the current prices. And I have the feeling the program is about to begin.
$AESO’s main piece MediaBistro has 150K almost on X. Thats a big following for folks looking at Media related employment.
That worried me initially but looking at the whole outstanding shares lets me know it’s nothing to worry about
28.7k followers!!!! you don't get there by being flaky
You trying to get someone to Trump you so you can take them out?
That was me
I didn’t notice the specific details of their new Aquisition being a software company. Maybe they closed on Recruiter.com earlier based on this other tweet on X.
HRTecn News: Job Mobz appoints industry veteran Matt Charney @mattcharney as Editor-in-Chief, post-acquisition of Recruiterdotcom.
— DHRmap (@DHRmapcom) February 15, 2024
The move signifies a strategic reinvestment in @RecruiterDotCom , aiming to establish it as an independent, high-quality content platform for… pic.twitter.com/6i55mjDXgV
Thanks, not part of the company. Just hoping this company is a successful one. If the leadership does the same thing here as they did with RCRT it should potentially be a good one.
If you follow the RCRT board on Stocktwits, Evan and Miles get a lot of hate. Mostly from folks that probably bought it at all time highs between the merger catalyst in 2019 and then 2020/21 when everything was basically overhyped during Covid. They reached $25M in Revs a quarter before they decided to divest and buy AESO and move back to OTC. Only guess I have is they don’t really like Nasdaq.
So far they have pretty much stuck to the script in the filings and tackled a few hiccups pretty well along the way.
My only concern is no one knows how many shares RCRT shareholders are supposed to receive in the spinout.
$AESO
Who's killing the Ask?
Tempting, but love the % green today.
Jesse Tinsley
Jesse TinsleyJesse Tinsley • 3rd+ • 3rd+ RPO and Recruiters on DemandRPO and Recruiters on Demand
3h •
3h •
Yesterday we closed our 6th acquisition in the past 12 months (7th overall).
This one's different though as it's our first software acquisition.
Having consolidated mostly RPO firms our M&A focus has shifted to HR Tech moving forward.
Excited to share more details later this week.
He is one of the reasons I chose to park my money here.
Solid Solid guy
Your DD is a God send.
Are you sure you don't work for the Company?
I'm impressed. Makes me want to buy more
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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