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Yes they can if they gave an Edgar account
Yes, a pink sheet stock can technically file an 8-K report with the SEC, but it's not typically required as most pink sheet companies are not subject to the same stringent reporting requirements as companies listed on major exchanges, and often only need to disclose information through the OTC Markets platform instead of filing full 8-K forms.
Anyone can file one but the company must have an Edgar account and Affluence does not Now I certainly don't want to offend the resident poster from Mars but it's on of the negatives about Jim. He is not CEO savvy he is a good guy but his PR releases need work and he needs help with filings like 8-K He is financing strong but weak in a lot of other areas. He is a CFO type of a guy.
Thousands but the last time I checked the price was 12 years ago
It's called a 575859 Chevy. Custome made in Southern California by a company called N2A. (No 2 Alike). Front is a 57 Bel Air center food section is a 58 Impala Trunk and Taillights are
a 59 Impala. The body is on a Corvette If you supply the Vett the cost is $89,000,000 if they provide the Vett $$175,000,000. Been my dream car but so far I am still waiting.
We are already getting dividends from the association we have with MTi. A smart city in Malaysia Look at the hash tags at the bottom of the post
It's self explanatory as it's taken right from the Q. You can read it there if you prefer. Being as condescending as I am I would not want to miss lead you by suggesting one way or the other what it means
Yes he should issue a 8-K and a PR but he isn't going to as I have been debating it with him for an hour. Once the LOI is completed he will then issue the announcement He is stubborn that way. Only announces something when it's completed
Those LOI were from the merger with Durham Black. They were all canceled whether merger was unwound. The LOI in the Q3 is a new one that is strictly for Digibriks it's self. Two separate incidents
We issued an LOI for Digibriks a company located in Spain, on Oct 14 .... You remember Digibriks dont you????
This is the most important section of the entire Q Acquiring Digibriks is the asset we wanted all along when the previous merger was in effect... getting it now opens a lot of possibilities for us.
Before others start to cry over it, there was no revenue for the 3rd quarter because OneMInd was on lock down until the previous Merger was Unwound. we should see that all change going forward.
This is towards the bottom of the Q
On October 14 the Company issued an LOI to acquire DigiBriks, a software
and services company located in Barcelona, Spain.
Acquiring Digibriks is very very big... for us... OneMind and MTi will move into Digibriks just like OneMind and the unnamed 3 LOI from the Durham merger were going to... As I said before, as stand alone companys owned by Affluence.... excellent news
New CEO of OneMind (Interim)
OneMind Technologies, S.L. – is a wholly owned subsidiary of the Company and develops Smart City Software
solutions which are deployed throughout the world.
Control Person: Ignasi
Vilajosana; Interim CEO
Address: Variat 47
Tenth Floor
Barcelona, Spain 08014
Phone: 34-93-418-05-85
Q is out... going to read it now
https://www.otcmarkets.com/otcapi/company/financial-report/417068/content
AGREE 100% but even though I agree and most likely so does everyone else... its the cross we will all carry, cuz they dont seem intent on changing their ways...
Most of us here have been waiting for over 3 years...so I guess its already ingrained in us to accept the fact that we will be waiting a little longer.
Yea most times everything is business days...but a late filing is Calendar Days
It has to be filed today or its considered late... so sometime today it should show up...before the OTC posts it they check it for any issues...
There is a force behind the numbers that keep popping up on the ASK... No one is actually trying to sell 2,000,000 shares at 0014 as you know they are driving any one who wants to sell over to the BID and intentially keeping the ASK down... We are still waiting on the Financials and what the business lay out inside of those financials will tell us... people selling are simply jumping the gun in my opinion which is their right... each of us had our own opinion as to what the first batch of news from the New BOD and would be... for now just a full public recap of what was put out for the select few who are here and on Social Media... real news is yet to come... still looking for the update on what took place at the Smart City Expo 10 days ago .... Oh I see as I have been writing this the ASK has doubled to 4 million... Give me a break... just more manipulation
Someone just bought 2+ million at the ASK
The concern that some had about the company doing a RS can be put to bed... Jim is staying as the CEO and he has been adamant that they will build the company from within with out doing that... This company has never in its history done one and will not be starting now...
My guess is that the thinking is they wanted to reach a broader base of investors then just the 15 on LinkedIn and the 18 that follow them on IHUB... drop the two names of the new directors out there in a wide spread release... but did not want to do it until the Control issue was resolved... Pretty sure we can expect news on a more regular basis... As far as who is in charge.. like it said in the release the company was not sold and there is no new management... Jim is still CEO and the only change is two Independent BOD... Independent meaning they do not control the day to day running of the company...
Looks like the first couple of building blocks for our New BOD members... Balkin is not here for the fun of it...he has plans for this and we are just getting the first taste of what is coming IMO
Yes they are... I think we see the expo info next...this is just catching up PR that were out there but not in PR form... Biggest thing is there is no change in ownership there will be no "Cant Say That Word" happening and we will be getting the Financials soon.. but I am not expecting much in the line of revenue since that Durham Black merger debacle held OneMind back as we all waited on Patrick to try and fund his merger... which we now know never happened, I think we can still expect to see some big things come out of these two new BOD... remember guys of this caliber DO NOT JOIN A PINKSHEET SUB PENNY because they are board.
https://www.otcmarkets.com/stock/AFFU/news
Its out now and there is nothing in it that we did not know... except that the company has not been sold and Jim will remain as CEO
https://finance.yahoo.com/news/affluence-corporation-announces-board-members-123000024.html
https://finance.yahoo.com/news/affluence-corporation-subsidiary-onemind-technologies-123000067.html
There you go... AFFU will not go anywhere but there will be a transition in the business which AI defines as The OTC calls it Change of Control
In building a business, a "transition" refers to a significant change in the ownership, leadership, or operational structure of a company, often occurring when a business moves from one phase of its lifecycle to another, such as from startup to growth, or when a founder decides to retire or sell the company to new owners; it involves a planned process to manage this change and ensure smooth continuity within the organization
I am looking at a lot of Fake Walls on the ASK from .002 to .0023, my humble opinion is that they will all be blown down by the time this closes tomorrow... as stated the Notice of Late filing give the company 5 calendar days from the filing date to submit the Q 3 filing... that will be tomorrow... as stated Jim has committed do updating shareholders on the three days of the Smart City Expo that OneMindNG spent with MTi and Dell Nov 7,8, and 9. As well as updating shareholders on the two new Board of Directors that joined the company.
All of this, in my opinion will take place tomorrow... Press releases for Affluence have always been put out between 7 am and 8:30 am... there fore if tomorrow follows suite by the time the morning bell rings we will all know the answers to a lot of questions... if they are in a positive light for the company then the stock will most certainly GAP up... and the chase will be on.... I therefore am certain that this will close green today in anticipation of that GAP UP
Good Luck to all of us for a very positive close and open tomorrow.
PB.. any thoughts on my thinking that OneMind Technology could be spun off from Affluence as a stand alone stock.... AFFU shareholders receive shares in the new OneMindNG company and MTi joins them as a partner in the same manner that OneMind is linked to Dell.... a bit of an out reach sure, but stranger things have happened in this market.
Either my E*Trade Level II is off kilter or something odd is going on.. from 9:30 till right now the total shares shown traded on Level II is 1,500,000 yet the volume showing in the box on the Levell II for AFFU is 2,300,000 (both are rounded figures) so there are 800,000 shares missing on the traded line for some reason.
Yea I seen that right out of the blue he shows up and put in three posts the same message that could have be said in one post... looking for cheap shares I guess... I am content to wait and see what Jim has to say tomorrow... today is just a watch and see what others have to say, if anything that is
Welcome and you seemed to have picked the perfect time to get on board... Financials and a PR due out no later then tomorrow... Good Luck
Perhaps you should go back and look at the post PB put up... the one where he explains how when you read the entire structure of the loan in the filings... it shows 0 interest on a loan from 2 years ago... if there is no interest then there is no loan...its been paid in full and Invenire would have then gotten Warrants for it being pained in full. the Warrants were inserted into the structure to cover the loss of interest that the loan would have produced
Affluence is not going anywhere but what may happen and this is just my shot in the dark thought is that OneMind Technology will be spun off into its own stand alone public company. I think that when the other merger was taking place we all kind of forgot about OneMind moving into another company called Digibrik... that idea of OneMind being on its own did not go way just because the merger with Durham Black unwound. Shares will be dispersed to current Affluence shareholders based on a ratio that will be determined by the BOD and Affluence will merge with or acquire a new company that Balkin will set up. OneMind will partner with MTi and they will continue to work with Dell, Orange Business, Global Hitts and others in the smart city sector and expand out from there as well.
There will be no "other thing" as you call it. Golf I am not sure when this happened because as of late you just can not seem to move away form That Other Thing... There simply is no logical reason to think that will happen.
Thank you BBW... and yes your are correct when you said
"Perhaps that last highlighted section might also shine some light on the other boogie man ideas floated around by any" Hicks is in my opinion one of the investors that has used this venture down to Sup penny as a hunting ground of Affluence shares... he as bought what ever he could from anyone who is selling at this level.
I really hope we see something very soon that can give everyone clarification as to what the long term plan is here... put a rest to the doomsday rants and get back to just following the facts... and not the speculation.
New will be out tomorrow I say tomorrow because Jim has always by passed Monday for news and the release of financials if at all possible. .. Financials will most likely be release tomorrow...the 19th is the end of the 5 day grace period stocks are given when they file a Notice of Late Filing... So we can hopefully put to rest all of guess work and the ramblings of miss information that was spewed this past weekend.
To also clarify one thing I had several conversations with Patrick Shutt on LinkedIn private messaging when the merger with his company was officially unwound. Everything I said about him and the lack of financing came from him. He also said he would not be on LinkedIn any longer nor would Durham Black post there as a company He wanted this merger to work, he was sincere about that. When there was no financing he just had to pull the plug. Jim was still looking to merge or acquire a company to get OneMind to expand its presence. That is what I am hoping he has done with the addition of Balkin and hopefully we get a full detailed PR tomorrow.
Here is my reply I am watching the lions game and I am drunk so piss on all of this stupidly. I will take my money and celebrate with my wife on a cruise. You are so wrong it's laughable
See that is why it's so frustrating reading your post. Tight out of the gate you say "Hicks bought 75,000,000 shares and Jim says What Filing" That is ad far from the truth as earth is from mars.
Hicks did not just buy 75,000,000 million. He had those shares as part of a previous deal. Second Hucks filed a 13G By sayin Hicks bought those shares and Jim did not know shows you do not know what a 13G is. The fact is this Investors file a 13G. They DO NOT NOTIFY a company who's stock the 13G is tied to. Hicks was under no obligation to notify Jim and he did not. The 13G has two options tied to it. Hicks can sell those shares on the open market or he can use them to invest back into the company. YOU NEVER REd the 13G I can guarantee it. If you had you would know that. You never bothered to find out how a 13G is handled. You never DD if a 13G is a document issued by a company. Yet you write a 4 page post that starts with a statement that is an out right false statement
It's the same as you still thinking the Durham merger is on Jim while it's on Durham. Hell Durham is no longer a functioning company it's gone. Mary gone Patrick gone. The merger was Patrick last opportunity to save it He could not raise any money. Couldn't raise the 12 million needed in secured assets for the LOI and Contrivian he was bringing in. He couldn't raise a dime for the $22,000,000 so he pulled the plug.
Get the information straight before you post please
Rich there has never been transparency here. This stock since 2020, as I post a couple monts ago, has averaged 11 press releases a year. 4 of which belong to the financial releases each year. The notes,if you go back to 2020, is when they all started showing up. The notes and the dollar amount your looking at has been there for 2 years. The company has had multiple Bridge loans and has never tapped into a single one. They are not selling nor is anyone taking OneMind away from Affluence. And Jim is staying on as CEO until a merger is completed. If and when one is completed. The selling down to 001 was as much panic selling as it was inside selling. The 13G is the key to that selling and there are no friends and family buying for the same reason there has never been insider buying since Dell was announced as a OneMind partner. Revenue has yet caught up to the hype. What your doing is pure dooms day ranting on a subject that has been exactly the same for over 2 years. Same note holders same debt ratio same attempts, 4 I might add, at mergers that have failed. Nothing has changed. All we can hope for is that this time Jim will succeed with Balkin. The Durham Black was a fiasco that fell apart because Patrick was a lousy fund raiser. His past did not live up to the hype and he could not produce the money to cover the cost. His friend even pulled out and took his company Contrivian with him. Balkin is way more stable financially than Shutt was. Before you go setting fire to the whole place let those involved at least have their say See what the PR says first See if there are Barcelona Smart City contracts coming. Christ you and Golf came out screaming about money and convertible debt that has been in 2+ years of financials. And who's to say the brunt of the 40 million shares traded Thursday wasn't done by family and friends. And ask yourself this question If all of this was convertible debt why has the restricted share count remained relatively the same. Convertible debt is when you remove restricted stamps off the shares and they become common. Common share count raises Restricted share count reduces. That has not happened. We have all been through the ringer with this for over a year and when we finally get the Control issue resolved and Jim has said a PR on the new BOD and the Smart City Expi is coming you and Golf go all Chicken Little on the board. I can't figure out why that's for sure
That right there is the most idiotic miss informed so far off the mark post I have ever read I will not bail you out but I suggest you come down from what ever drugs your onnand do some real DD cuz your clueless With that post. And do not ask me to tell you why the company will lay it all out very soon.
He is not making a point we all Love Rich but he seems to partake in the effects of the Magic Mushrooms and following his train of thought can be mind boggling at times.
Looking forward to Jim giving us the complete rundown so we can all stop looking for clues as to what is happening and instead KNOW what is happening. In one of my conversations with Jim he called the new directors Terrific... which is a very high description of them IMO. Makes me anxious to see what they have to offer that is so Terrific
Ahh the Links to knowledge Thank You Janetcsanada your posts have been missed
Indeed you do... yours are not posts of opinion unless that opinion carries proof in the pudding with links... Have a good weekend and lets see what next week brings our hidden gem