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.
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.
Couldn't help noticing Contrivian not only in Frisco but the UK too (presumedly London)
The only thing making sense was the registrant
filed 20 days ago. Very much in keeping with Patrick's timeline with Digibriks. Nearly everything else was redacted for privacy. Correct OS www.ionos.de probably looks familiar 🤔
It's a WEAK theory but can Briks somehow equate to the Block Chain? It's B2B commerce we're involved with after all. I saw where bankers were involved with business finance somehow in DIGIBRIKS also. The whole merger would be fatally flawed if there wasn't crypto commerce in the midst somewhere would it not.
I was wondering the same thing !!!
I did note though the domain name www.digibriks.com has been registered. Ahah! But what if Patrick is locked in negotiations to buy the domain name. Not saying he is but clearly a possibility.
I mused Digibriks is a crypto tongue in cheek play on the word BRICK, as in bricks and mortar. Sorry OS, best I can do ATM. Maybe someone else knows better. (then please post)
I'm happy if Attorney Letter removes Caution sign soon. These mergers can be complicated getting every side merger ready and there's definitely that with this merger LOL! I'm in no panic.
Pretty sure all sides are in favour of Affluence Digibriks deal. There has been the deeper dive for DD and Attorney letter so far. Will there be more. As yet no but you never know either. Takes what it takes I'm happy to wait.
Ok thanks TJ that's part of question solved
My question to OS (& seems he asked the same) was simply. Do we have enough pieces of the equation to put together a ball park estimate for Affluence yet. Seems we are still missing key values? Like Durham Black's and/or Contrivian's value. My take at least 🤔
Do we know yet how many shares OneMind will issue to Digibriks shareholders? Also do we know yet the ratio of how many shares of OneMind to Digibriks 🤔
Incarcerated in Costco-OS every man for his cart will reply later but you're right kind of by guess and by golly till Wally Digibriks strolls into town on his horse Jimbo
Have a good weekend everyone!
Interesting week ahead I hope. Take time to decompress next two days. You'll live longer! ✔️👋
📩👀✔️💩
Of course I mentioned that, didn't believe it?
There was always that underlier strategy. He said that on the phone Scottie man you are shaken up. Get a grip old thing. NYSE was first test, if not then Nasdaq was his second choice and IF*** that fails he was quite comfortable to stay here and build the company on the OTCQX. You can rest assure you're hearing the executive agreeing on THAT too, pretty self explanatory and sound logic.
I'm certain you nodded your head as well LOL!
So I'm gathering by the scruff of it...
There will be extra curricular learning on tap on Monday for those of us trying to self edumacate? When-ever this looks profoundly informative at long last. Breathe Rich deep breaths now? Attah-Boy!
Bjarne has another string to his bow.
Every CEO has to build the company or it dies. Some guy here hypothesized that Bjarne might have another product, do you remember that guy?? Anyway I got to thinking about the idea and it slowly dawned on me that another product might have been what the CEO alluded to over the phone only I didn't know it at the time.
Anyhow as Tiger mentioned Bjarne isn't the type to boast quite, the opposite. So let's say he has a health centric ultrasonic power instrument to show to the public as SONX's latest procedure tool. Well we know for sure if that's the case that it will still be in development. So be very certain Bjarne won't be talking about it until there's something that's tasty for investors. Have a great weekend Scotty kick back relax. I'll see you when you're a little older! 👋👍
I did so✔️ (thx DTGoody!) thought provoking blurb...
Based on the information, it appears that OneMind Technologies, Affluence, and the three companies (whose names are not specified) are planning to form a new company called Digibriks. The combined entity will offer a range of software products, engineering, integration, and implementation services, with a focus on the following markets:
1. Telecom
2. Manufacturing
3. Smart City
The companies involved seem to have complementary capabilities, which will be combined to create an end-to-end solution. OneMind Technologies will gain an expanded footprint in these markets, while Affluence will have a wholly owned subsidiary in Digibriks.
Here's a possible scenario:
- OneMind Technologies brings its expertise in AI-powered data analytics and cybersecurity solutions.
- The three companies (whose names are not specified) contribute their software products, engineering, integration, and implementation services capabilities, which are complementary to OneMind Technologies' offerings.
- Affluence, as the parent company, provides strategic guidance and resources to support the growth of Digibriks.
The resulting entity, Digibriks, will offer a comprehensive suite of solutions for the Telecom, Manufacturing, and Smart City markets, leveraging the strengths of all the companies involved.
Comprehensive TJ build a coffee, early yet...
I seem to recall Jim mention within* a few weeks for Durham and Contrvian. So I automatically gave him the benefit of the doubt on it. That confluence alone already has extraneous tentacles growing on it. So I won't pretend I'm surprised if it's actually 4 weeks. But not a month Dear God no. If that happens I might pick up some for the price you stole it for.
BTW I asked the AI God's to give me an overview of what's to be expected moving forward. No shocking revelations but a nice tidy compilation. Would you like to see it?
Once Patrick assumes Digibriks, what about Jim?
Does he buy an island in the South Pacific somewhere replete with numerous and voluminous chested women... Or will Jim take up a position within Digibriks to fulfill. Inquiring minds want to know. (I'm of two minds so far on this) 🤥
There was mention of 4 weeks somewhere
Or within 4 weeks if memory serves. Most of my brain in deep sleep after paying my taxes but for some reason all going well May 9th was projected. I believe that was from Jim @ Affluence
I disagree I believe it's more than that. But here is where the rubber meets the road. Quite simply! YOU MUST DECIDE
You're upset the CEO has gone dark in the darkest of moments leaving you up Sh*t Creek without a paddle. I think we have something in common. But here's the reality.
I'm not saying he does, but if* he does have an Ace in the Hole. He's not going to tell any of us until the SEC deems he must. In other words a material event.
No OS, and not even Good Till Cancel either.
Though it was fill till next Tuesday if that makes any difference. (which it sure shouldn't.) What I'm getting at is traders shouldn't ever need to "discover" these inconsistentcies. The system failed the Trader without recourse, without accountability, without even knowing it. The very epitome of fraud. What does it take for a computer to identify and redflag these fraudulently inconsistent trades automatically. It takes a programmer and AI. Otherwise these MM scams will continue unabated.
AI powered monitor, umpiring every MM's move.
That way there could be no more monkey business. Additionally, any Trader could apply for any required adjudication on line. Trades time stamped for Trader recourse common place. Hidden bids & asks must all become totally transparent to everyone. Miniature icons in transparent public data designating shorts, hedge fund Bot trades, options. Every trade, every Trader yes even naked shorts. Anything less must be deemed as incompetence and a serious lack of required* professionalism
Don't get me started on Politicians please. I drink coffee for your safety TJ. 🤬
Wow that's plain harrassment
What are the duties of the SEC?
The Securities and Exchange Commission (SEC) oversees securities exchanges, securities brokers and dealers, investment advisors, and mutual funds in an effort to promote fair dealing, the disclosure of important market information, and to prevent fraud.
If the SEC wants to prevent fraud the App idea seems most effective to me. If you've been to a government computer. You'll notice when you make an error or don't supply enough info. It will prompt you for correction or more info. Same idea with the SEC App for CEOs and aspiring CEO's. I think it will smooth out a world of wrinkles. The CEO knows where he stands at all times. Never left guessing, wondering or fearing he's made an error. This so called App would prevent a lot of fraud constantly not just every recognized infraction. Such as is the scenario right now.
Let's revisit why you're pouty.
You understand thoroughly he's not saying he has to rollback correct. It's even a stretch to say he will. He has to protect his assets now SONX isn't NYSE bound. Scottie that's standard company protocol. I just came form a company in same situation, same maneuver exactly.
You might try some deeper DD
Bashing this play will have your profit margin swinging into the ditch. Or you might try swinging in the opposite direction as you're luck will surely change vigorously.
I don't rightly know but pretty cheesed off.
Had a sell order in on a dud to buy some more here. Well MM's sold above my sell order then took it back down again. Not impressed. No sir not one iota.
I was just thinking chart looked better today.
WTFudge man wuddup wit-U? Oh you're expecting earth shattering news. Well if Bjarne were to do a deal with Britain imagine all the teeth saved. Hell we might even be able to understand what they're talking about. Full disclosure I believe in miracles in case you're wondering...
So customers (traders) are placing blind orders. Whited out orders that buyers can't see and sellers are paying for this "service" unknowingly. That's one to many acres of room for nefarious MM hanky panky.
Look I appreciate initiatives SEC has succeeded in doing for more transparency, brilliant in fact. They spared this company from a world of hurt the other day, that's a fact. My preference is they do more and reigning in MM's is well within there jurisdiction. If they don't Retail Traders will be less than pawns. They'll be Bit Fodder and not even knowing that is clearly fraud, that the SEC is duty bound to correct.
Someone should be making a SEC app that companies can use to ensure there listing is on the right side of the SEC. A safety net forthright CEO's would surely appreciate I'm certain. Abiding by SEC rules can be pretty onerous when you're trying everything you can to build your company. 🤔
The "hidden" bids & asks...
To the benefit of whom are these HIDDEN trades hidden for. If we can't see them it sounds nefarious. Are you meaning bids & asks that are stacked up behind real time ones waiting in cue? Level 2 still a luxury for this humbled Trader...
Incidentally as everything goes AI and not used as today's sales gimmick ie Meta should be and will be free and inexorably linked with Google search engine... All those smart things have a name called The Internet of Things or I of T. Quite original I thought 🤭
That guy buying at .0138? He/she must have been distracted, could have entered significantly cheaper. Here's a thought. If Hedge Funds are permitted to Bot trade with algorhythms (constantly). Why isn't Level ll free to every Retail Trader so the playing field is more level than it is now?
I mean Level ll, AI, hidden trades. Seems to me nothing is more oppressed right now technologically speaking than the lowly Retail Hopeful 🤔
My 2 coppers taxes nearly there...
They partnered out TDO, specifically to boost sales. Not sure but seem to recall they are
paying less employees to do the same job. So there's those unprecedentedly low HR expenses to consider.
I can't see see how they couldn't improve! They completed Gen lV and the Onesize fits all Clean Flow Procedure Tool 4 months ahead of time. So the new hardware they banked on was fully ready to attract more Endodontists and Dentists as buyers of Gen lV the entire quarter.
SONX sold TDO March 4th so roughly half a quarter without TDO holding them back could have freed up more HR to drum up sales as well. Looks like we are about to find out how much better. We sure could use some good news. Hey I wonder if we finally find out why those Valentine's Day Fund Managers arrived on the doorstep enmasse. That was a weird one!
Throw us a bone please Barjne with meat on it? Those used soup bones were getting pretty crunchy...
Good luck all! 🤹 🫰
Thanks it was bleary eyed 4 in the am DD.
I did find the idea questionable but it's tax time and this year is an utter nightmare. I'm definitely losing sleep over it and you would too! So thanks for calling me out on this I appreciate it TJ.
Wow all our switchboards are lighting up today!
Can't understand it, not sure I can handle all this. May need to call in CJ for back up?
Great! Nice to see OTC doing there job!!!
Ok makes sense chronically. Where do you reckon the Digibriks brand lands first? I'm hunching we won't see that name surface until Affluence and all uplist on to the Nasdaq Exchange... NYSE? 🤔
You know how they invoked laws FOR* seatbelts.
Same idea there will be some sort of AI proliferation treaty for military as well. There's already Jeep mounted machine guns using AI targeting to bring down drones. Many more applications obviously but in Digibrik's case, it's somewhat more civilized.
Think of a massive switch board, but this time it isn't secretaries and chit chats. It's corporations around the globe collaborating on joint projects for example ship building or astronomy. Big Data exchanging hands... rrrrrreally BIG*🤔
You might not of scraped the barrel yet OS...
Like birds of a feather these guys. Easy to understand why Patrick liked Rohan.
Rohan Chanmugan is a business executive and entrepreneur with a diverse background in finance, technology, and leadership. Here are some additional details about him:
- Director at Affluence Corporation: As you mentioned, Rohan Chanmugan serves as a Director at Affluence Corporation, a company focused on acquiring and growing businesses in various industries.
- CEO of OneMind Technologies : He is also the CEO of OneMind Technologies, a subsidiary of Affluence Corporation, which provides AI-powered data analytics and cybersecurity solutions.
- Entrepreneurial background: Rohan has founded and sold multiple companies, including a successful exit in the fintech space.
- Technology expertise: He has a strong technical background, with experience in software development, data analytics, and artificial intelligence.
- Leadership roles: Rohan has held leadership positions in various companies, including CEO, CTO, and Director roles.
- Education: He holds a degree in Computer Science and has completed executive education programs at top-tier universities.
- Network: Rohan has an extensive network in the business and technology communities, with connections in Silicon Valley, New York, and other global hubs.
Overall, Rohan Chanmugan is a seasoned executive and entrepreneur with a strong background in technology, finance, and leadership.
Better AUFF find the gremlin now rather than later IMO. Otherwise olympic league hand wringing and a profuse sweaty brow could derail the whole fan-damily. Perhaps DB lawyers spotted this one hard to know but glad someone did!
So in this case Contrivian will be Durham Black's subsidiary for acquisition purposes of Affluence. Are we all comfortably agreed on that then OS?
Nice DD by the way and once again Patrick surprised me being co-founding member in Durham Black. It won't pay anyone to underestimate this mogul that's for sure.
You're welcome, you'd almost think I knew what I was doing. Big Data, remember that one but substitute big with gargantuan. You won't be far wrong. Patrick is the real deal make no mistake.
Here's a synopsis of what the partnership is really going to be about. Hope this is helpful as opposed to sleep inducing...The fact TDO Software is widely used in Endodontic Practices worldwide should provide a clue how fruitful this partnership will become 🤔
Sonendo and Valsoft Software are affiliated in the following ways
- *Valsoft acquires TDO Software*: Valsoft, a Canadian company specializing in the acquisition and development of vertical market software businesses, acquired TDO Software from Sonendo.
- *TDO Software development*: TDO Software is a practice management software platform for endodontic offices and is widely used in the endodontic industry worldwide.
- *Sonendo divests software assets*: Sonendo sold its software assets, including TDO Software, to Valsoft Corporation for approximately $16 million.
- *Amended credit agreement*: Sonendo and Valsoft also announced an amended credit agreement, which includes a one-time $15 million principal repayment and establishes monthly principal repayments.
- *Partnership*: Sonendo and Valsoft have expressed their commitment to continued partnership and collaboration, with Sonendo focusing on growing awareness and adoption of the GentleWave procedure and Valsoft focusing on furthering the TDO practice management software platform.
If you had any doubts about the partnership.
A little review should sound rather compelling.
"Today’s announcements reflect Sonendo’s commitment to balancing responsible cash preservation while pursuing long-term growth opportunities for the GentleWave system," said Bjarne Bergheim, President and CEO of Sonendo. "TDO is a great technology, and we look forward to continued partnership with the team at Valsoft. Moving forward, this divestiture allows Sonendo to focus solely on growing awareness and adoption of the GentleWave procedure. At the same time, we know TDO users will be in great hands with Valsoft’s focus on furthering the TDO practice management software platform."
Take a closer squint at what TDO has to say on Valsoft acquisition in the comments section...
https://www.valsoftcorp.com/news/valsoft-corporation-strengthens-health-dental-portfolio-with-the-acquisition-of-tdo-software-from-sonendo-inc/
I asked AI about Patrick, here's what it said in so many milliseconds. I couldn't dream that fast but it sure is a great tool for Research and DD.
Patrick Shutt of Durham Black is working on the following projects ¹ ² ³ 4:
- *Acquisition of Durham Black by Affluence Corporation*: Affluence Corporation announced its intent to acquire Durham Black, a strategic advisory firm. Following the transaction, Patrick Shutt will be named CEO and Chairman of the Board, and Mary Stanhope will become COO.
- *Growth Strategy for Affluence Corporation*: Durham Black has partnered with Affluence Corporation to execute a two-pronged growth strategy that will unlock new markets for its subsidiary, OneMind Technologies, and add value through acquisitions.
- *Expansion of OneMind Technologies*: The initial diligence with Durham Black has solidified a strategy to expand OneMind Technologies into other synergistic markets, including Big Data, Telecom, Autonomous Things, and other markets where users need to unify and interpret data from multiple sources and disparate systems.