Remember Risk, there has never been mention of an IPO from the company...all they have ever said was they want to move to a big board exchange... they can do it in a few different ways... another way to do it is find a current stock that is on one of the exchanges, and not doing well, preform a Revers Merger and take them over and its a lot quicker This is how a Reverse Merger would work... as well as a couple other ways to get it done.

Yes, an OTC stock can perform a reverse merger into a Nasdaq-listed company, but the combined entity must then satisfy Nasdaq's requirements for initial listing, including a one-year trading period in the U.S. OTC market after the merger and filing all required periodic financial reports with the SEC The company must file all required periodic financial reports with the SEC, including at least one full annual report, for the year following the reverse merger. The stock must maintain a minimum bid price The company must meet all other initial listing requirements, which include minimum bid price and not being delinquent in its SEC filing obligations.

Or they could do this:

$40 million public offering: A company can bypass the one-year trading requirement if, in connection with its listing, it completes a firm commitment underwritten public offering with at least \(\$40\) million in gross proceeds to the company

A company can potentially avoid the reverse merger "seasoning" period if it is able to conduct a direct listing on Nasdaq and meets the requirements for listing. (Direct Listing is an IPO



But at this point in time we are, in my opinion, at least 3 to 6 months away from any of this happening... Remember the Board of Directors approved a RS that can happen any time from now until June of 2026... So I dont see anything happening until 2026, they have moved very slowly on what has been accomplished since Jan of this year... I dont see them all of a sudden speeding up the process.. I hope that do, but hope only gets you so far with these stocks. LOL LOL

Actually they do... this board has talked about that since the stock came off of the Expert Market in January of this year. Mitch told us they would be working on it. The thing is that since very few new posters show up the discussion concerning the 15c2-11 has just been curtailed... Big Bad Wolf posted about a week or so ago how the entire process works to get an Market Maker to sponsor the stock... that is what is needed to remove the Warning. If you go back and look thru his posts you will find it... its about 3 or 4 of his posts back...

If they are thinking IPO then that would mean EF Hutton would be in charge of getting the 15c2-11 taken care of, as an IPO is not getting done if this is still labeled as a Unsolicited stock...they will need a MM sponsor and EF could easily handle that portion of the IPO up listing

Thats a very strong possibility but it still does not answer the question as to why they could not use a shareholder update to put any info out on the XOALA acquisition's status. Why allow this to just flounder here in the 05/06 range... when an update could at least give the market an idea of what is going on, maybe push this to a dime...... Its frustrating, but wont cause any real longs to move away from it, just wont help bring in many new investors at the moment

Kind of seem that this acquisition off XOALA is done, they just dont want to announce it yet... they have been tied to the hip at the last two expos they have attended and now this makes three... So they are jointly selling or promoting how they work together it would appear

I agree with you on the way they handled it, I did not at first but then the way they have handled it since the announcement has changed my mind on them as well. .And since they pretty much said any RS was not coming until 2026 if it comes at all...then to your point, why put it in there to begin with. What keeps many of us here are the fundamentals of the company... they are showing sings of being a big player in the EU... management is not what keeps anyone here any longer. When this first came off the Expert Market, they were very open with investors... that was to simply get this started back up... but the fact that this struggles to turn 150K in volume on most days shows that there really is no interest in it. Based on posts here I would say that half of the daily volume is from current holders who have faith in this growing so they continue to pick up cheap shares.. There are not many new investors in the stock... and there damn sure aren't any new posters showing up either.

I can think of a half a dozen things they could do to support the stock. Mitch just seems to be content running around on LinkedIn "Liking" posts, but doesnt have the time to put anything out that his shareholders could "Like" They are way past the normal time line of announcing something on the XOALA acquisition

He put this up on LinkedIn but cant put out an update for the investors
https://www.linkedin.com/posts/mitcheaglstein_fdctech-prop-platform-solution-activity-7384819986038616064-l76D?utm_source=share&utm_medium=member_desktop&rcm=ACoAADJtOiUBNSejgXkPrzrSB7jWlHWDZa6unag

Looks that way... but then its also looks like the typical Friday sell off This is a stock that has Monday buying in anticipation of a good PR during the week for a flip...then a sell off on Friday so they have money in hand incase something else comes along. The volume is a bit low in comparison to the 10 day average and where it normally is for the market being open for 2 hours.

But I was happy to pick up some .31's just a bit ago... so there is that positive note...for me anyway

Someone wanted out...100K sold at the BID

This is an excellent post and draws on FACTS and not speculation as to what could happen. Great Info Jimbo if anyone has not read it go back and read it

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176831804

You are absolutely correct Pink... there is from my understanding an amount that will be diluted and then there is an amount that will be refinanced thru preferred shares and pay outs... As I have posted here, and I know you understand it, but a lot do not, with convertible loans of the type Affluence got involved in there is also interest on the loan amount.... there is a negotiated amount of convertible shares and there is then interest on the principal amount of the dollar value. Also people have to remember that these toxic notes have a discount on the value of the shares as well... which means lets sat the PPS is .04 at the time of the loan, they are given a discount on that number when it comes time to convert... it could be a 1 percent or a 2 percent so that makes the price .037 that way if they convert and the PPS is still 04 they only paid .037 so they are not only getting their money back they are getting a profit on the loan amount and a profit on the interest charged. Its called toxic for a reason. The numbers I am using are for example only everyone, so dont ask if that is what they actually paid

I see that the pumpers have taken the train out of Dodge eh... JusDe Pumper is gone and his band of uninformed.... glad to see it... this is still in convert stage and will be until the end of the year at best. Does not mean that they wont be announcing new projects and moving forward with the business plan... just means there are still a lot of shares to get off the books.. Hang in the everyone, its very discouraging, but does still seem like at some point in 2026 this is going to take off...

NEWS OUT...

A nice clarification Press Release was put out this morning... also there is mention of another acquisition besides the Orbit one... nice to see they are still very active with their new business model.

NUBURU Restores NYSE Compliance and Strengthens Defense Transformation With Its Acquisition Plan Underway
0.00%

Technical communication issue resolved earlier this week; dual-CEO team driving rapid expansion, regulatory excellence, and new stages of growth across defense and industrial innovation sectors
CENTENNIAL, Colo.--(BUSINESS WIRE)--October 16, 2025--

NUBURU, Inc. (NYSE American: BURU) ("NUBURU" or the "Company"), a pioneer in next-generation blue-laser defense and advanced manufacturing technologies, today reaffirmed that it remains in full compliance with NYSE American regulatory disclosure requirements. This statement follows the resolution of a technical communication timing issue earlier this week, which was related to the coordination of press release dissemination with the Exchange.

The Company received a non-compliance warning earlier this week -- which it promptly disclosed -- stemming solely from an administrative delay in synchronization of disclosure timing. There were no financial, accounting, or operational deficiencies involved.

This outcome underscores the Company's commitment to transparent governance, strong communication, and regulatory alignment, hallmarks of its transformation plan under the dual-CEO leadership of Alessandro Zamboni and Dario Barisoni. The structure, first introduced in October, unites two seasoned executives with complementary strengths in strategy, finance, and technology operations, ensuring continued agility as NUBURU advances its international defense expansion initiatives.

"We are pleased to reaffirm that NUBURU is in full compliance with the regulatory disclosures requirements of NYSE American and that the matter was purely administrative in nature, swiftly resolved, and never related to financial or operational concerns," said Alessandro Zamboni, Co-Chief Executive Officer of NUBURU. "This swift resolution is a testament to the professionalism of our team and our continued transparency with shareholders and regulators. NUBURU is in its strongest position to date -- advancing across multiple active acquisitions, strengthening our transatlantic defense strategy and unlocking long-term growth potential across the U.S. and Europe."

As part of its ongoing transformation, NUBURU continues to execute on its multi-stage expansion roadmap. The Company recently signed an agreement to evaluate a potential acquisition that would accelerate defense applications of its proprietary blue-laser technology, and announced the acquisition of Orbit, a software-as-a-service company specializing in defense and security operational resilience solutions. These milestones position NUBURU to expand both its technological capabilities and its market footprint within key allied defense sectors.

"Our focus remains on disciplined execution and strategic acceleration," said Dario Barisoni, Co-Chief Executive Officer of NUBURU. "Our defense technologies road-map underpins a fully integrated network of innovation, manufacturing, and software capabilities. This is not only about growth -- it's about creating a defense and industrial powerhouse rooted in resilience, performance, and precision. We are extremely confident in the months ahead, with additional major announcements soon to follow."

These developments follow NUBURU's recently issued Quarterly Strategic Update, which detailed the Company's ongoing transformation, cost optimization, and focus on long-term profitability. Together, these initiatives mark a historic and defining moment in the Company's trajectory -- one characterized by momentum, expansion, and increasing global visibility in defense and advanced manufacturing sectors.

As the Company continues to execute on its transformation and acquisition strategy, shareholders can expect further major updates on additional partnerships, defense programs, and integration milestones in the weeks ahead.

About NUBURU

Founded in 2015, NUBURU, Inc. has developed and previously manufactured industrial blue laser technology. Under a renewed strategic vision led by Executive Chairman Alessandro Zamboni, the Company is expanding into complementary sectors including defense-tech, security, and critical infrastructure resilience. NUBURU is leveraging a combination of internal innovation and strategic acquisitions to build out its Defense & Security Hub, targeting long-term, sustainable growth across high-value government and enterprise markets.

For more information, visit www.nuburu.net.

Sentiment is based on what have you done for investors lately... This began its move up from the low .30 range and made it as high as 68 in less than 3 weeks.... but the stocks what have you done for me lately is not so good. A week of good news PR followed by a Warning Letter from the NYSE and a release as it being one of the bigger declines based on volume have put a negative shadow on the stock. Its now back to where it was when I got in three weeks ago 34.

Until we see something to put this back into a positive note its going to be stuck here... The early buyers are now at the break even point and heading out.

WTF are you talking about... what problem could the government shut down possibly have to do with this company and the stock. We are not now nor have we ever been tied to anything that the FED finance or pay for directly or thru a third party. The fact that he said almost two months ago we were in on going talks with some company's that deal in our sector would not be effected by the shut down. The shut down in all reality has had very little effect on the average daily life of anyone here in America... not sure how it would effect you folks in Canada. I receive SS no effect... all of my friends who are on it have had no effect. There is no effect on any Medicare... I can not find anything from any company listed on the big boards that have had a major effect on their business due to the shut down. In fact the shut down is nothing more than a political football being used by both sides to try and effect the upcoming local and state elections coming in November.

Here is what AI says on the subject... and more importantly NONE OF THIS WOULD EFFECT THE JOB THAT "Do nothing Oscar has to do or try to do"

Historically, government shutdowns have had minimal, short-term impact on the overall stock market, but they can create specific risks and disruptions for certain companies. Recent commentary on the current government shutdown (as of October 2025) confirms this trend


Key differences for the 2025 shutdown
Cumulative risk: Some experts worry that the current shutdown could be different due to the compounding effect of other factors like global economic uncertainty, trade risks, and the recent U.S. credit rating downgrade.
Fiscal concerns: The potential for prolonged fiscal uncertainty, especially if it raises questions about U.S. creditworthiness, is a greater concern than the shutdown alone.
Sector-specific variations: While historically resilient, sectors heavily dependent on government contracts, such as defense, could be more affected by a prolonged shutdown than during previous, shorter instances.

The Feds credit rating would have nothing to do with what Oscar does or is trying to do either..so its a none issue for him

No I dont think so, they specifically say a big board exchange... neither of those are considered a Big Board Exchange... they are just higher tiers on the OTC which is not considered an Exchange... so they will go straight to either the NYSE, the New York American Exchange or the most obvious one the NASDAQ

Its the price we pay for this still having a Alterative Reporting status... But I still think the pay off is higher than $4.3 million, do you have an estimate as to where you think the cut off is before they would do any major moves to cut the converting off, or get Hicks and his band of thieves off our backs.

Great Post, must read it should be stickied... Thanks Trooper

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176817391

Morning BBW, All the information I have is via Long Hand... taken right from the Q and Annual reports where its listed on multiple pages... not sure where you can get an actual broken out list of the debt and what its cost is plus interest. If that is what your asking for...

Picked up a very nice hand full of 38"s this morning... what a gift from panic sellers... they seem to have seen a head line on a NYSE Warning, failed to read it and just sold at Market Price... already back up to 41. Got to love the day traders and how the minute they see a little bit of RED they hit the market sell button.

Was able to do just that Trooper, the Warning Letter released yesterday created some nice buying opportunity for low .40 and I scooped up some nice buys during Afterhours yesterday and premarket today as well.

Yesterday after the market closed BURU received a warning letter from the NYSE concerning the PR on the Double CEO. Because that was considered a Material Event by the NYSE they scolded BURU for not putting that info out before the Market opened or After it closed. Material Events are not allowed to be put out during market hours. That Warning is nothing to be concerned about... its as if a parent tells their kid if they stay out after dark again they are in big trouble.

It did effect the premarket trading and the afterhours yesterday when the letter was posted by BURU... and know that BURU was not obligated to release the fact that they got the warning letter. They did that in the name of full disclosure. I still think we see a nice PR with today or tomorrow for sure.

https://investorshub.advfn.com/stock-market/AMEX/nuburu-BURU/stock-news/96996858/nuburu-inc-announces-receipt-of-warning-letter-fr

Excellent post laying out your take on the dilution and where this is headed Jumbo, Just a follow up on a couple of things... One, where did yo come up with the $4.3 million figure for the convertible debt, I have it higher number based on the filings and the interest that each of those convertible notes were saddled with, A couple were 10% but most were 8.5% which brought the total to much higher then $4.3 Two, you say up list in 2026, the agreement that MTi signed when Affluence purchased them was for All Legacy Debt to be extinguished by April of 2027. Once done the Reverse Merger clause would kick in and MTi would then gain 51% total control of Affluence and the move up to NASDAQ would become effective. What makes you think it will be 2026... mind you there is nothing in that agreement that would prevent that from taking place in 2026, April of 2027 is a deadline clause. So just wondering what you see to make 2026 your target year. And as Pink said, welcome to the board, nice to see well thought out posts and not just this gibberish we have been saddled with here for the past 3 weeks.

Someone just bought at the ASK 174,000 shares at .512,thats $75,000.00 give or take a few thousand. And it was done in afterhours... the spot where things happen when people know something is going to happen. Lets see what tomorrow brings...shall we.

Trust me it was extremely brutal on all accounts...

been about 100K go thru at .0602 and still the offer remains at 10K that seems odd even for this stock, where odd is the norm

You too, I have some heavy sports to watch... Tigers / Mariners for the right to play Toronto in the championship game, then Michigan State on Saturday and close out the weekend with the Lions at the Chiefs... Hope my Liver is up for the challenge... got plenty of Casa Amigo to either celebrate or drown my sorrows in. Stay safe good buddy and catch the big ones... 🌊🏄️

I went to sticky that post from Alchemy and seen you had put it up...thanks Pic... looks like it has become a popular video by them... Once again we say... maybe Next Week Mitch puts out an update on where we stand with the LOI on XOALA.... who' founder and CEO is also the Founder and CEO of Alchemy as well.. I put that info on the stickies as well. Have a good weekend everyone.

Thanks Threewheeler, I put that up early this morning, but anyone looking in would have missed it I am sure... Alchemy is going to be a very big player in the EU in the not to distant future, thats easy to see, easy for anyone following this that is..

Here is what is written on page two of the Q filing, the company used the wrong word, its not an application. BBW post cleared it up

In answering this item, provide the current name of the issuer any names used by predecessor entities, along with the dates
of the name changes.
Affluence Corporation, 2009 – to Present
BSA Satellink Inc. until 1-2009
The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years;
Please also include the issuer’s current standing in its state of incorporation (e.g. active, default, inactive):
The Company was incorporated under the laws of the State of Colorado on November 23, 1994 and is currently active
in the state of Colorado
Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:
None
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently
anticipated or that occurred within the past 12 months:
Application for a reverse stock split pending

We dont have a lot of investors looking at this, but some of the ones we have are about as stupid as they come... two MM with 50K offers at the ASK on a stock that is ripping 14,000 shares traded. I am assuming these idiots are also on the BID trying to Buy 10K as well. Mind boggling is what it is.

Absolutely, I have never had an issue with small cap or startups using shares to GROW a business... for personal pay or bonuses or trips...no that is not ever in the investors best interest. I feel that when they increased the AS it was strictly for business purpose... pay the bills increase the pay roll where needed and to keep the acquisition and those acquisitions revenue flowing into the company. This company has enough cash on hand to take care of the incidentals so they dont need to sell shares for anything frivolous.

This is from their, Alchemy's LinkedIn page... be sure and watch the Video.. its very telling IMO

https://www.linkedin.com/company/alchemymarkets/posts/?feedView=all

Picked up some 47/48/49 today and will call it good... next week we should see the churning come to a halt and some additional news released... Headed to upper Michigan for some fall color... have a good weekend everyone

Just need a bit of a push from the company to get some buying going and this would move... there offers are paper thin, as the Float is pretty much bought up... Mitch needs to give us a helping hand... the XOALA info would be the driver if he puts it out... from what is being posted on LinkedIn it sure seems as if the deal is done...Alchemy and XOALA have been tied at the hip for a while now... since the founder of both is tied to FDCT as well.

The consolidation from the two day run is about done...those who were in when this was trading at .25 on September 6 should be about done. Next piece of news will run it past the highs it set on the 7th and 8th.... could push close to that dollar close we are looking for

Excellent info BBW... I have delt with Wilson Davis before, had some OTC certs that I needed to sell and they handled it for me...they are out of Utah... be nice just to know if they are currently in what stage of the process... so we could get a time line for ourselves. Again Thanks

Thanks Wolf... I did not fully understand the time frame when there was a gap...but the part concerning purpose of the No Bid, does make it seem like there is indeed a long ways to go before this is all cleaned up.

People had better beware of those who just seem to show up out of the blue and talk as if the know what is going on and what this company is all about.. they are here to try and engage in Trip flipping. They will be gone when they think they have milked this for as much as they can. Since Oct of 2024 when the dilution started, none of them know that, until now... the trading pattern has been the same. The only difference is that it has reached the very bottom... 0001/0002 From Oct 2024 till now it was just on the ride down... now its down and until the debt is cleared, per the Reverse Merger Agreement between MTi and AFFU this will continue to flip flop from 0001 to 0002 .

Good Luck and dont get fooled by the fake info coming from these people.

The debt that has been converting here is being done with them using the Tranche system for conversion. This systems works on a issue a certain amount of shares based on the pre agreed terms and then sell those shares off. There then is a cooling off period, generally a 3 to 5 days. Then the person or company holding the note requests another "Tranche" or allowed amount of shares and dumps them.

Anyone who has followed this over the past 9 months has seen this happen quite often, it appears the dilution has stopped and then it starts all over again. One of the key aspects of this system is that when the lender wants another distribution he tells the company and then the company tells the Transfer Agent to release those shares. So that used to by Jim, and now its Oscar... So with the slow down in volume I would say its just the cooling off period.

The real expert on this subject is Big Bad Wolf, so he may weigh in and correct any of the errors I have made in my explanation... But one thing is for sure, if the conversion has actually ended, the company will be shouting it from the roof top...once their insiders have bought all they want at the lower price, because once debt is cleared and announce this will make a 1, 2 or 3 hundred precent run up.

Alchemy is on the go they are a Platinum sponsor at this Expo coming in November... they are getting their message out there, and building themselves into a major player

I for one am looking forward to the Third Quarter Financials coming out in November.. I am sure FDCT will have some excellent numbers to share with investors.

https://www.linkedin.com/posts/jeddah-fintech-week_we-are-thrilled-to-announce-alchemy-markets-activity-7378701814222897152-Gvg-?utm_source=share&utm_medium=member_desktop&rcm=ACoAADJtOiUBNSejgXkPrzrSB7jWlHWDZa6unag