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Nice observation Bluesky, but the tweet said the Q&A was supposed to be today... not Tuesday like you stated in your post.
I am pleased to announce a Q&A session scheduled for Monday, September 23rd, regarding $PHBI, Pharmagreen. Further details will be provided soon. Everyone is invited to participate and ask questions.
2:41 PM · Sep 20, 2024
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3,913
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The merger dissolved but the company remains the same as it was pre merger... we just have to, like many of have, show patience and allow Jim to do what ever he needs to get this moving again towards penny land and beyond.
Ahh the dumb ass beer money Friday sellers... never fails how they can take the wind out of a positive close. LOL
Definitely headed in the right direction... get some open and honest answers at the Q&A on Monday and this could move towards a penny real quick like...
.003 up
I have been asked if I have sold or am gone... answer is No...but I thinks its a waiting process here so I have looked at other stocks and am seeing about making money there and will put some profits here, if I get any that is... Have a good weekend everyone and lets hope James drops us some news early next week
Now this should be interesting.... if he was not prepared for some tuff questions then he would not be doing it... he will naturally defer on any questions that would be considered insider information...but he will answer questions like is there a Reverse Split on the table... everyone in Pink Land fears the RS more then a Wisdom Tooth extractions with no nonvaccine... Cant wait to hear what he has to say...
his last two post on X (twitter)
I am pleased to announce a Q&A session scheduled for Monday, September 23rd, regarding $PHBI, Pharmagreen. Further details will be provided soon. Everyone is invited to participate and ask questions.
— Peter Wojcik (@peter_wojc71939) September 20, 2024
Thanks for all the eyes and trades for $PHBI. I appreciate you all. As the saying goes, Rome was not build over night but when it was built, it became an empire.
— Peter Wojcik (@peter_wojc71939) September 19, 2024
Have to agree... the chart show that when it left trips the volume did pick up but it wasnt until it hit .0022 on the 17th that the volume really began to climb. From .0022 up to .0032 most likely all of the Trips holders were selling for one and two baggers. The PPS has dipped to the low .002's yesterday and today but has not gone below .0022 so I would say that is the new bottom now.
Hard to tell if its going to hold this level or not... there is a mix of profit takers and new buyers and they are off setting any chance right now of a solid run back up to the 52 week high
They would be the perfect partner for us... I am 100% in agreement that the two of us need to be merged.
I hope he just wanted to let the market digest the news of the merger being canceled and not make it look like he was pumping the stock... I have asked him a couple of questions, but he is as silent as a cemetery....
Well those are nice prices to have added to the ones bought earlier today... Early Friday sellers it would seem...
Everyone left this and went to SGN it went up 350% on news this morning... once they get their profits from there they will be back here... its falling now and is only up 250%. Same could happen here if they next PR has actual information in it concerning the country they are dealing with and some revenue projections.. Hope you get your price
Add a bit more on this dip... got some at the open and again down here at the open price again... worth the gamble on the risk reward factor.
If it keeps up the slow and steady its got a good shot at doubling form here next week. Will need to open the PR faucet a bit more though.. once every 7 months wont cut it LOL
The chart shows that this current up tic in the PPS started at 002 so if it is a sell the news its not going to dip much lower then that... they cleared out all of the old holder when the price went from .001 to where it is now... it is a crap shoot just as all of these sub pennys are... the rise in the price set off an alert for me so I got in and will see where it goes... Good Luck BIO
Its pretty much forward looking statements... but the financing is the part the market will react to... it has a good share structure and non dilutive financing by the CEO is a good sign. They dont pump this last PR the put out was in Jan... so hard to tell I would guess it will be received as positive news.
And those thoughts make a lot of sense... I have a company in mind by HELL I cant seem to think of their name... HELL it rhymes Bell, or Shell... anyway it could very WELL happen... 1.3 million shares bought up at the ASK in 45 minutes ... the fuse may just about be ready to get lit here.
Someone is still positive about where this is going 475,000 bought at the ASK
I agree and I have no idea when he will speak sooner then later
I hate to sound like a homer but those of us here that have seen this hit 52 week lows then have seen 50 ton70 % increases. So I would keep a close eye on this tomorrow
Hit the ASK twice one got filled one was filled at .00255... oh well there is always tomorrow to keep cherry picking shares... Look if you believe you buy if you have doubt then you dont buy if you are sure they are going to fail you sell... and the fourth option is you listen to the folks that only show up after the fact and tell you how smart they are for calling something that has already happened... those people are the same boobs that bet on replays and think the out come will change... LOL LOL
Thats how it works when someone puts in a market sell.... they can drop it down as low as they want until they get to a order that is big enough to take the whole sell amount.
People dont realize that when they click Market the MM can by pass as many other Limit price offers as they want to get to the lowest one with the most shares so long as it covers the whole amount of shares put up for sale.
Use LIMIT price when selling everyone...dont put in Market for your sell.
Someone seems to have put in a market trade and the MM dropped it to .0015 and bought those shares... none the less thats going to be up there as the 52 week low for a year now... All the hopes and dream of a lot of folks shot in the ass over a merger that seems to have never had a chance to succeeded from the outset.
If this were my company and I had dropped this low you can bet I would be beating the OneMindNG drum until it gave way .....
Yea he is almost always at the bottom of the bid. Price per share has to work its way down to him. Unfortunately that is what has happened.
I agree... and as I said, if Patrick had not approached Jim and put the dollar signs in his eyes I think he would have focused on OneMind and maybe tried to grow at a slower pace then 3 LOI and a acquisition of Contrivian... that was a lot to bite off that's for sure.
Nothing out of James... he wont tell me or anyone what the plan is as that would be privileged information... that is not to say I have not asked him to get us an update on what OneMind has been doing for the past 9 months while they were under the gag order...
We certainly are experiencing the Highs and Lows of trading on the OTC and Pinksheets in particular.... Hoping it turns upward as quickly as it turned down... Although it was expected that with the cancelation of the merger we would have some selling...
OT come on share this gem with us. We are a brother hood here
Great information, thanks for the post, contrary to what some are saying we are not dead... To Quote Denny Green "We are what we thought we were" and we are going to continue to grow... This unwinding of the merger is a major disappointment, but when getting just one LOI to sign on after 4 months was a red flag that I and a few others talked about in July and August
Just a quick question did you even read the PR or notification that Durham Black themselves put out on their web site and on Linked. I didn’t think so. PATRICK CANCELED THE MERGER. Because the final closing agreement could not be met.
Live with it They both acknowledged the same thing. Stop pointing fingers it’s a mutual agreement. Move on we all have
Rich I don’t understand how this is so difficult for you. As it’s very simple and you want for some reason to make so much more out of it than it needs to be
Patrick wanted to go public he approached Jim and suggested a merger… reverse merger to be precise. From the beginning Patrick’s goal was to merge into Affluence and in time take Affluence one asset put it together with his targeted companies Contrivian and 3 others. Then build a bigger and better business, replace the name Affluence with Durham Black and move onwards and upwards.
In the end Patrick could not raise the money to make this happen. Plain and simple that is it in a nut shell. He tried to fund this entire merger with a Form D $22,000,000 offering. He could not… he never received from June 6 till September 3 one dime from that offering. He became fully aware of the fact that he never was going to so he terminated the deal.
Now against my better judgement I have tried to explain this to you again. But I won’t do it again after this post. You twist and turn things around here on a daily basis and I think it’s time to just ignore you. I would advise you to read the last quarterly report and to read that form D in its entirety and then all the PR from late December up to the closing of the merger. Maybe it will become clear I don’t know. Hell you have spent a month and a half just trying to figure out what “Control” is when it comes to Durham being removed from the OTC
Good luck to you as your a good guy but just to exasperating for me to deal with at this point in time
Same dick as yesterday painted it with 500 at .0042 another $5.00 closing trade... MM just moving shares around to keep it low.. But fear not its all legal to manipulate the price here in Pinkie Land. Have a good weekend everyone
No volume cuz the Durham sellers are gone. small penny stock float here do Jim drops some halfway decent news and we make penny in 30 minutes
Right Here is the line from the PR
Affluence has a strong pipeline of potential acquisitions and to that end we are currently in discussions with several companies
It says “strong pipeline” to me it would mean they have had conversations, not that they are initiating new conversations.
It says “In discussions with several companies”. Well 3 current LOI’s and Contrivian = 4 companies and in my book that’s several.
And again, this is important, James announced the 3 LOI and Contrivian acquisition before announcing the intended merger with Durham. So there is no reason for them to not still be in the mix
A ton of positives are out there, OneMInd is still a gold mind and I am sure James will keep digging until he strikes up a golden deal.
Well had you specifically said that Durham Black was the problem you could take some credit... but when what you did, you were talking about the Merged Company and not the undone merger...so no you did not know and your still a typical negative person.. never say anything you can be held to...just say some negative in general and if ANYTHING happens run in and take credit...so your still a fool who has nothing to show for what you do is a sore shoulder from patting yourself on the back.
I just have a hard time understanding why Grant Kirkwood would have come into the deal... allowed them to publish that they were going to acquire his company and not know that they were going to have to get the financing in order to pay him. He got stuck with an NDA and could not speak about his business for 5 months... and they never could come up with the financing. I think what happened is that from 2013 when Patrick started his Durham Black company, which really never took off and his past accomplishments no longer impressed financial investors. His success from the early 2000.s no longer had the impact with what he had hope would be the people lining up to purchase shares from the Form D It is easy to see it did not, because since the June 6 filing date of the Form D zero money has been raised. Look at Line 13
https://www.sec.gov/Archives/edgar/data/1460950/000146095024000004/xslFormDX01/primary_doc.xml.
Lets look at the numbers...The merger closing agreement states there needed to be $12,000,000 in assets by mid August . The money offered in the Form D is $22,000,000. That capital raise was how Patrick intended to get the assets worth $12,000.000. It states in the Form D that the money was to be used for the cost of the merger, assets and company expenses. According to the LOI Pr the 3 company's coming in had an estimate value of $5,000,000 (an asset) and since Contrivian is private we can not see their revenue, but based on awards, posts concerning contracts and their list of clients on their web site, Contivian was worth at least $5,000,000 ( an asset) The LOI and Contrivian add up to $10,000,000 in assets. So that means they were still $2,000,000 short...
Ahh but with the merger comes OneMIndNG and we all know that OneMindNG is easily worth well over $2,000,000 (another asset)... there you have it, assets worth $12,000,000. So the Closing Conditions of the merger agreement would have been met. The mistake made here was James and his board of directors, like we all did, figured based on Patricks early success in the early 2000"s would be able to raise the money with no problem. Hell I have no doubt that Patrick thought the same way. So the merger was announced completed on May 5 and the closing agreement was added in as a safety net for James, he was not going to just give OneMind away and have Patrick never succeed. He protected his biggest asset, OneMind with the $12,000,000 agreement added to the deal As August 15 got closer and the Form D had not resulted in an shares being bought Patrick asked for an extension and James said ok.
Fast forward to September 3 and Patrick realized that there was no way he was going to raise the money and the deal was canceled. All of the web sites joining the two company's were dismantled and everything is now back to where is was before the December announcement of Durham Black joining forces with Affluence as an Advisor and Consulting partner. We have sole possession of OneMindNG and Durham Black has what they had prior to the merger, an Advisor and Consulting company who's web site does not even list who their management currently is, its a very generic web page.
We have all wasted 8 months of our time and money, money that has just sat and did nothing, except shrink in value, and there is nothing we can do about it. So hopefully James understands this and gives us a reason to think there is going to be a bright future here... and that its not going to take another fucking 8 months waiting on new Acquisitions and LOI's to happen before we see the value for shareholders
Durham Blacks current web site.
https://durham-black.com/our-services
Affluence current web site:
https://affucorp.com/
You know what I find odd is that Durham Black states in their release that the deal was terminated on the 3rd of Sept. from the 4th of Sept until the 9th of September there were 4 days of the stock trading over a million shares, one of them was over 3 million and another was over 2 million. Prior to those 4 days the average daily volu,e was under 400K shares...
Now if we look at the level two history the MM leading the charge was OTCN... a well know institutional market maker... I am wondering if people on the Durham Black side of the ledger were some how notified that the deal was unwound on Sept 3 and then on Sept 4 began to sell what they had accumulated while the deal was on hold. Guess we were all screwed by Durham in more then them not being able to finance this deal.. they let their friends out at a better PPS prior to the announcement by James.
Hopefully Jim keeps the information portal open and updates us on what is happening with them, especially with the new CEO (interim) in place. Not saying anything negative about Stephane Eyme but Rohan Chanmugam is much better suited. Stephane went back to doing what he loved, according to what he stated on LinkedIn. Rohan is a tech guy and will better lead a tech company IMO Look at his bio His connection with Orange Business Service is a major asset to OneMindNG
Rohan Chanmugam is Chairman of Clevercoms Ltd, a management consultancy advising the telecoms, media, and technology (TMT) sector and has over 30 years of experience in the industry. In addition to founding Clevercoms, Mr Chanmugam was a Senior Vice President at Equant (Orange Business Services), Managing Director BT A&M, Strategic Advisor to the CEO of COLT Telecom, and Non-Executive Director of Host Europe Corporation.