Some switching by a few MM was all I noticed... the continuing BID whacking from yesterday is still happening.

This was the first post I put up concerning Affluence and OneMind having a chance at a real future in the AI Smart City sector. Its a post with a link announcing OneMind and Dell forming a partner ship. Price per share was .02 and with the announcement the sky was the limit. Look at the fact that since that day I have posted over 1000 time on this board...go back and look who else was here posting, go back further and you will see those same people where posting in 2021 when the price was .09 a share. They have been here posting ever since, week in and week out... most of you posing now have been posting for 6 weeks...your doing the same DD we have been doing for over two years... There is not a single person that you EXPERTS have tagged as a Fake Long that has not been here from .09 down to .0013 Two of three years of continued averaging down to try and still catch this lightening in a bottle and continuingly losing money because Affluene has had the absolute worst management team in the history of Pinksheets... a management team that has had its only asset, OneMind affiliated with Dell since 2022. That team had a price of .02 and they could only manage to achieve a success from that affiliation that has resulted in the stock selling for .0013 at the open today. Focus you attention on the management and its lack of success not on anyone who has been here and owns many millions of shares because they said a word that makes all you people piss yourself... that word is not why we are stuck at this level today... we are stuck here because our CEO is an accountant, a banker not a person who understands how the market works or how to get the most from being a penny stock and having Dell as your primary partner. This stock went from 02 when it was announced that Dell was on board up to 05 and from 05 has been in free fall ever since... because management had no clue on what to do. We are part of the Saudi Aribia Smart City a project that is spending billions and billions of dollars and OneMind was on the Stage with them when the Prince did a ground breaking ceremony... and we are trading at .0013 Its because of management not because someone said Reverse Split.. get a fucking grip for Christ sake. We are stuck waiting for the new management to take over and when they do we will get the merger we have all been waiting for and we will get a management team that knows what to do with having Dell as a major partner. And if you people would stop patting yourselves on the back for buying this cheaper and cheaper all the while driving your own investment down you might just make some money here in spite of yourselves. First trade out of the gate is one of the flippers here grabbed 600K for 0011...yet someone saying RS is the boogie man.. Pathetic

Nov. 30 2022
https://finance.yahoo.com/news/onemind-technologies-announces-strategic-partnership-132000267.html

Thanks Wolf and should anyone ever want to know if any stock they are in plans on doing one just look at this site daily. All RS for pink sheets are list here along with the effective date and the ratio

https://search.app/4X2kALAatoZaXL6v7

Balkin will be interim until the merger is complete then who ever is the CEO of the company merging into Affluence sill take over the position as we move forward. Balking will go back to the BOD after the new CEO is in place
IMO 

Exactly what I said either buy the ASK or hang on...

Slight correction OS all reverse splits go thru FINRA not the OTC... and since you were away today... over 20 million shares traded before the word Split ever was posted... We are swamped with Bid buyers who are 100% sure this is going to do what we all think it will so they are obsessed with buying the bid and feeding right into Hicks hands with the 13G shares

But Big Bad Wolf may have nailed it... they know the Q will be late and they needed to get all of what is left sold...and today was they day... Lets see what tomorrow brings.. lets see if OTCN says at the middle or the bottom of the ASK and BID stacks... I think he will

Jim is working on it diligently but there is something that is holding it up... and because of that I am very leery about what could happen... BBW I have seen deals with this company blow up so many times it not funny...last one was the merger with Durham Black.. that was completed and then unwound 4 months later... this deal with Balkin until the OTC signs off on the control issue is not done either...just because the Supplemental Disclosure was posted on the OTC news site does not mean its actually done.. if it were then the Company Profile on the OTC would be changed and it still as of right now has the old BOD members listed.

NO there will not be a 10Q tomorrow they will not be a Notice of Late Filing tomorrow there will not be anything tomorrow except may, just maybe a PR if the powers that be see the mess they have created and try to pick this back up

I have told this board on several occasions that because of the Control Issue not being settled Affluence can not post anything on the OTC the company is lock out... they will not file a late filing notice and if they do not get the Control issue completed by the time the five day extension would run out this will go to a Yield sign.

My point is everyone here is bragging about how they got filled on the BID... when buying the same amount of shares on the ASK would cost a few hundred more... but by doing that we are two clicks away from TRIPS and if that excites people then they are morons. As there is only one way that Balkin will keep this stock if when he takes over its a trips stock... Me I have hit the ASK today not for a ton but enough to try and get others to follow... but to no avail. There is one person selling and he is not a part of the company he is the guy who put out the 13G ... He is dumping and you folks are empowering him... thats all I am saying

Well since everyone is so damn excited to drive this down I would say Trips are a safe bet for tomorrow... Glad to have so many here who get excited to buy shares that with in a five minute span they will be at a loss. There it is all of the 14 buyers are now down... great job saving that hundred dollar on the buying ... and look when 0016 was up everyone dove on those 15 and now they are down two clicks... I and a few others have been here for years, what are you people going to do if there is no update...just because he said one was coming does not mean it will... for over two and half years they said they were going to get SEC audited.. and look how that worked out... We had a merger signed sealed and delivered in May of this year and now we have nothing but speculation that one is coming and a price of .0013 a share... keep hitting that bid.... You people can have the board... all anyone wants to do is wait for this to climb back to around 0025 and then dump your shares for a $400 flip... the stock is now officially fuck up IMO

He is taking care of personal business today and working on the business he owns... none of us are selling that I am aware of... but not buying either.

Agree PB... I added an edit to my post for BBW which says I think his proof shows another piece of the puzzel that this is a merger and the company is waiting until its got all of the ducks in a row and when they do they will announce it... and that is when the chase will begin. The Lions and the Wolves and the Convertible Custom Built Car and an OldStocks guy (not to mention several others) will be way out in front of the rest of the group..

Thanks BBW I will cut and paste what you discovered and drop it on their laps right now, well I will send it thru like everything else I send... and give them the opportunity to either respond or ignore me ... my money is on the latter

I think this is proof also that there is a merger in place and they are awaiting for it to all get completed

Balkin is running the show and Honan Jr. is just sitting in the chair until Balkin says its ok to release the news that control of the company has passed on to who ever he has chosen to merge it with...Honan will then clear off his desk and move on down the road... We are all just stuck in our chairs awaiting Michael Balkin to give the ok. If contacted they will put the blame on the OTC saying they are holding up the process while they review the Change of Control forms... thats bull shit in my opinion its Balkin holding it up and him alone. The company currently has one BOD that is publicly acknowledged his name is Rohan Chanmugam. The other two BOD James Honan Jr and Dale Haase resigned on Oct 14, when the Supplemental Disclosure announcing the Change of Control was filed on the OTC new link

https://www.otcmarkets.com/otcapi/company/dns/news/document/77833/content

slow start to the day

First off this is a very long way from any RS happening. But the ORC fear comes from Pinkseets that have no future and management lives off selling toxic notes. They get the money their stocks get diluted down and they do it again and again. AFFU is a real company with a very bright future so them doing a RS is  not comparable 

Excellent detailed post BBW. Thanks 

You are right as I was not considering the EU aspect of it

I agree that there is a reality to the fact that this is a stock that is wasting away as a sub penny. If management can get its shit together put out some updates so we can all speculate less and talk about facts. If they don't then all the scardy cats will have to deal with the reality of what will happen if this continues to go down. 

I also would not be concerned with what anyone on a message boards says about me. I sure as hell don't You have been here long enough to have earned the respect of this board. And new comers need to learn some manners IMO 

I get what your saying and as I said it's all just speculative on my part and throwing out the nasdaq move for now and into the foreseeable future is fine. But I for sure think MTi is a merger candidate and it will take place. We will all just have to wait and see who is behind door number 1 when the control of Affluence is made public. Because control is for sure in Balkin's hands right now. That much I am certain of 

Well your wrong and lets just you and I not discuss it... the rule for reporting is if they go there as a Alternative Reporting company... if they go using the Reverse Merger path and the take over company is Private then the 2 years of SEC filings and waiting is not in play. They would have to have their books audited and the audit would have to go back two full years but they would not have to wait. So lets call it a draw and I will just go with what I said to begin with ...its just speculation on my part...but my facts are correct. Always have been and always will be.

No I am saying that this could go to the Nasdaq the amount I used was an example... a dumb it down example...the split could be any ratio they want..the point is if it goes there who gives a shit what the ration is... the fact that they got there would make the price go way up for what ever its starting point is...

The figures I used are not the important part of the message... getting on the Nasdaq via a shorter and faster way is the message.

Thank you for the kind words I appreciate you saying that a lot... and I think the short position would be eliminated because there are just to many big guns involved if my hypothetical post was to come true... shorts are not going to chance getting caught in a possible supportive type PR from Dell congratulating OneMind on their merger with MTi... to risky for them IMO

For sure BBW.... As the man in the parking garage once said... "Follow The Money"*.. with Balkin there is a lot of money that can be followed...and in the stock market you can make anything happen if you "Follow The Money"

*All The Presidents Men.... Woodward and Bernstein The Fall of Richard Nixon

Let me say this if I may... I have made it a point in almost 20 years here to not pump or recommend a stock as a Buy, I do say why I am in it but buying is an individual decision. Now if what I am saying in my previous post just happens to happen...its all just my speculation on where this is going...but should it happen and someone buys 500K shares at todays price of .002 and they announce what I am saying happens, this will shoot to a penny in no time. If the price were to just stay at a penny and they wanted to get it to one dollar for the minimum bid price thats a 1 for 100 RS .01 time 100 equals $1.00. After the split an investor with 500K shares would have 5000 shares valued at $5000. Once trading on the Nasdaq the price would easily be $5.00 after the first day and you have $25,000.00

But hey its all just a pipe dream on my part, its all speculation...but isn't that what all of us have been doing here for the past year, or two..trying to figure out how to get rich off of this stock and its one true asset.. OneMind ... this is just my speculation on how it could happen, based on what we know right now.

Do with it what you want... I have had my shares in this for a very long time and if I am right my grandkids will be saying Grand Pa was a regular Wizard of Omaha

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175373672

That is correct but there are other avenues as well, this is one of them

Yes, an over-the-counter (OTC) market company that merges with a private company can uplist to the Nasdaq, but it depends on several factors:

Change of control
Nasdaq considers whether the merger resulted in a change of control, which can be determined by looking at factors like ownership, management, and voting power. Currently being completed

Reverse merger rule
If the merger is between a private operating company and a public shell company, the company must meet additional requirements, including trading its stock for at least six months after the merger. This is not an issue because Affluence is not a shell and it has traded for the required time period

Seasoning period
The company must complete a one-year seasoning period, trading on a regulated exchange or in the U.S. over-the-counter market. Already qualify

Share price
The company must maintain a minimum share price for at least 30 of the 60 trading days before the listing application. This would be the stepping block, but if the merger does happen getting to the minimum Bid price would be done either by trading as it is now or by a reverse split

Other requirements for uplisting to the Nasdaq include:
Submitting an application with enough time for Nasdaq to review it before the transaction is complete Not an issue

Paying a $25,000 application fee not an issue

Providing corporate governance certification Not a problem

All of this will not happen over night, its a process but its a hell of a lot faster then the standard up listing requirements you listed. Those are for a standard up listing by a current Pinksheet comany that does not do a Reverse Merger
No one is going to balk at a Reverse Split if they are going to own shares in a company that will leave the Pinksheets and move to the Nasdaq where the sky is the limit. A RS and staying on the OTC is what investors do not want to be a part of

First step of the process the merger is concluded or the take over.. Balkin and his people have taken control of Affluence... if they, Affluence and MTi are going to merger it will still be the standard 60 to 90 days of Due Diligence before its completed...But it can not be announced until they can announce the official Control of Affluence is in the hands of Balkin nothing has changed as far as what I said... the MoU is just the first step of letting the public know OneMind and MTi will be working together..

I am thinking that half of what you are saying is correct and half is not.... The person behind the scenes calling the shots for Affluence is indeed Mike Balkin and Jim is simply riding out his days until the official Control issue that is holding up the announcement is completed. At that point in time Mike will take over the company and will appoint himself as Interim CEO...Jim will be thanked for his 5 years of service, with out pay, be given a handsome Severance package and away he will go. That will leave us with a whats next question as investors.

Well we have a extremely valuable subsidiary locked up tightly in Affluence, and that is OneMind Technology. But what is the problem with OneMind... its from the wrong side of the tracts. Its owner is a Penny Stock and currently a sub penny stock, and thats a big problem for those that want to maintain an image to the public. Those that have shareholders they are accountable to and those that are in reality keeping OneMind in the closet, they use us but they dont announce us to the public like they do their big shot other partners So how do we fix that problem, how do we get the full value of our asset so Dell and the rest of them are happy to prance us out in public. Thats the big problem facing Affluence right now. And here is the answer.

Jim tried to fix it on his own with a failed merger with Patrick Shutt and Durham Black and 3 new LOI and a acquisition of Contrivian and it failed. Enter Mike Balkin. His plan to fix it is he is going to do is take control of Affluence by taking control of the stock... 51 percent is how much stock he needs So, with the help of Mr Steven Hicks and his 13G Mr. Balkin along with the shares other insiders own make the deal to ensue he has that control. They file the Supplemental Disclosure and declare that the control of the company is completed. He then sets up a merger with MTi... MTi may have had a desire to be a public company for a while and now it can be in the cheapest way possible . It will merge with Affluence, Affluence will change its name and stock symbol to become MTi the public company. Once done and with its already established revenue it will qualify for up listing and there will be no IPO cost, and more importantly there will not be the extended wait that the standard IPO must go thru. Francesc Domingo will be the new CEO, Balikn will be the Chairman of the board, and the rest of the board will be filled out with Rohan Chumunga, William Gonyer, and three or four other persons some from MTi. Dell will be happy Orange Business will be happy and Nvidia will be happy. All of those multi million and billion dollar companys will have what OneMind has to offer and OneMind will no longer be from the wrong side of the tracks. Once completed the new company will move up to a $20 a share price the first day it begins trading on the Nasdaq.

When Jim put out the PR announcing the unwinding of the merger deal he said this:

Great point, since MTi is a private company they do not under most circumstances issue Press Releases... they use social media... OneMind Tecnology is a subsidiary of a public company and as such they do not put out press releases, that is up to the parent company.

So an actual press release will come from Affluence when its time for them to release it along with any other news they may have in waiting. My guess is this is just the start of a steady line of news from the company. We are still waiting on an explanation as to what and why the two new BOD are here for.... what direction will they be taking the company or advocating for where it will go.

We are just getting started in my opinion.

Or there is more to put into a Full Press release and is letting the subsidiary act on its own for this piece of news... dont know for sure but am hoping so... since he had previously stated a Update on the Smart City Expo would be released after it ended. This news is not about the Expo and what they did, it only states that they worked side by side at the Expo...

When the question is put to AI ...

"Do MoU often lead to Mergers and or Acquisitions.. this is the response. Remember we now have a New Board of Director member who is a specialist in Mergers and Acquisitions...and most recently did one for a 2.2 Billion Dollar Company

Yes, memorandums of understanding (MOUs) are often used in mergers and acquisitions (M&A):

Definition
An MOU is a non-binding agreement that outlines the broad terms of an agreement between two or more parties. It's a starting point for negotiations and signals that a binding contract is imminent.

Purpose
In M&A, an MOU confirms the parties' willingness to complete a deal and sets out the main elements of the agreement. This includes the price, payment method, and timing of the final contract.

Common practice
It's not uncommon for the seller to request a deposit or other payment under an MOU. The purchaser may also specify when the deposit should be returned if the formal documentation isn't signed.

Other uses
MOUs are also used in other high-stakes business dealings, such as joint ventures, lease arrangements, or loans. They're also used by many U.S. and state government agencies, particularly when major contracts or grants are in the planning stages.

Letter of Intent vs. Memorandum of Understanding
Both types of documents are used in business arrangements, such as mergers, acquisitions, and other large deals. They're also used...

Investopedia
Memorandum of Understanding (MOU) - Investopedia
A memorandum of understanding is an agreement between two or more parties outlined in a formal document. It is not necessarily leg...

Investopedia
M&A, Drafting Guide - Memorandum of Understanding
As a consequence, the failure to reach a final agreement in that jurisdiction could be considered bad faith and could give rise to...

Bloomberg Law
Show all
Generative AI is experimental.

Export
Save

Here is the MTi press release in its entirety
https://www.mingothings.com/blog


OneMind Technologies S.L. and Mingothings S.L.U. Sign MoU to Drive Innovation in Smart City and IoT Solutions
Barcelona, Spain — 12 November 2024

OneMindNG and MTi Logo's
Following last week’s Smart City Expo World Congress, OneMind Technologies S.L. (a wholly owned subsidiary of Affluence Corporation) – a leader in Smart City and IoT technology platforms, and Mingothings S.LU., an expert in IoT integration and real-time data solutions, are pleased to announce the signing of a Memorandum of Understanding (MoU) to establish a strategic partnership. This collaboration will leverage each company’s strengths to further advance IoT, smart city infrastructure, and technology-driven solutions for clients across the public and private sectors.


The MoU sets forth a framework for cooperation in critical areas, including business development, pre-sales, and marketing. Together, Mingothings and OMT aim to enhance operational efficiency, security, and sustainability for cities and industries by combining the power of OMT’s proprietary OneMind platform with Mingothings’ expertise in integrated IoT services. This partnership will drive innovation across Smart Cities, Security Command and Control, and Industrial IoT applications, accelerating technology adoption and deployment.


“We are excited to work alongside Mingothings, an industry peer whose proven IoT integration capabilities make them a highly valuable partner,” said Thierry Scozzesi, Chief Commerical Officer of OneMind Technologies. “Our collaboration brings together two established leaders in the IoT space, uniquely positioning us to address complex urban and industrial challenges with impactful, data-driven solutions.”


“Mingothings has consistently pushed the boundaries of IoT technology, and this partnership with OneMind underscores our commitment to delivering advanced, integrated solutions,” said Francesc Domingo, CEO of Mingothings. “Together, we will expand the frontiers of what is possible in IoT and smart city innovation, bringing new levels of efficiency, safety, and sustainability to our clients.”


Francesc Domingo (MTi's CEO) and Thierry Scozzesi (OneMindNG's CCO)

Francesc Domingo and Thierry Scozzesi, gathered in Barcelona at the offices of Mingothings International


Through this MoU, both companies will engage in joint initiatives, including collaborative market development, co-branded marketing efforts, and shared customer engagement resources. The partnership also emphasizes a comprehensive customer support framework to deliver customized solutions and ensure successful project execution.


About OneMind Technologies S.L.

OneMind Technologies, based in Barcelona, Spain, is a recognized provider of IoT, Smart City, and Security Command and Control solutions. With its innovative OneMind platform, OMT enables cities and industries to optimize operations, enhance public safety, and support sustainable development.


About Mingothings S.L.U.

Mingothings is a trusted specialist in integrated IoT solutions and data analytics for smart cities and connected industries. With expertise in real-time data processing, sensor integration, and adaptable IoT platforms, Mingothings provides innovative solutions designed to maximize efficiency, sustainability, and operational performance in diverse IoT applications.



OneMind Technologies S.L.U.

press@onemindng.com


Mingothings S.L.

press@mingothings.com





12 views
0 comments
1 like. Post not marked as liked

its in my post before his, here it is...

https://www.linkedin.com/feed/?highlightedUpdateType=SHARED_BY_YOUR_PAGE&highlightedUpdateUrn=urn%3Ali%3Aactivity%3A7262132805977960448

OneMind signs a MOU
https://www.linkedin.com/feed/?highlightedUpdateType=SHARED_BY_YOUR_PAGE&highlightedUpdateUrn=urn%3Ali%3Aactivity%3A7262132805977960448

We are delighted to share that we have signed an MoU with MTi - Mingothings international, a recognized leader in IoT integration and real-time data solutions. This partnership will allow us to combine our cutting-edge OneMind platform with Mingothings’ specialized expertise in IoT and Tech integration services, creating new opportunities to deliver advanced, integrated solutions across sectors.

By joining forces, we are enhancing our ability to address the growing complexity of smart city and industrial IoT applications. This partnership will enable us to jointly support clients in achieving greater efficiency, security, and sustainability in their operations—creating more connected, data-driven environments worldwide. 🌍🔗

We look forward to the new projects and innovations this collaboration will bring! Together, we’re expanding the possibilities of IoT and Smart Cities.
👉 Follow us to stay updated on our journey.
Affluence Corporation
hashtag#IoT hashtag#SmartCity hashtag#Innovation hashtag#Partnership hashtag#OneMindTechnologies hashtag#Mingothings
https://lnkd.in/eG8rJCie

OneMind Technologies S.L. and Mingothings S.L.U. Sign MoU to Drive Innovation in Smart City and IoT Solutions - OneMind NG
onemindng.com
likecelebrate
7

Like

Comment

Repost

Send

Skip to LinkedIn News
Feed post number 2

That was one order that they broke down as OTCN gathered shares to fill it...or most likely he wanted it to look as if a buying frenzy was starting and get people to jump in

Someone has put in a 500K share order and they are breaking it up it took 3 minutes to get it filled... searching for shares it would seem..

Before that order there were 52635 shares traded..then the 500K started filling

And after a 20 minute wait OTCN jumped back to the top of the ASK and undercut it to .0021 🤬

Ok, great thanks for the validation, once they get this control issue with the OTC taken care of then we can see who the target(s) may be for the next merger that Jim wants to get done... or with voting control now the new board of directors.... because they did not go thru all of this without having something already planned IMO

RDY... from the link you provided this is the explination given in that document for Change of Control. What is your take on it. I am reading it as Balkin having taken control of over 50% of the voting rights... he has not taken control of the company itself.
https://www.otcmarkets.com/otcapi/company/dns/news/document/77833/content

A “Change in Control” shall mean any events resulting in: i. Any "person" (as such term is used in 1
Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3
of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%)
or more of the total voting power represented by the Company's then outstanding Exchange Act), directly
or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting
power represented by the Company's then outstanding voting securities; ii. iii. iv. The consummation of
the sale or disposition by the Company of all or substantially all of the Company's assets; A change in the
composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority
of the directors are directors immediately prior to such change; or The consummation of a merger or
consolidation of the Company with any other corporation, other than a merger or consolidation which
would result in the voting securities of the Company outstanding immediately prior thereto continuing to
represent (either by remaining outstanding or by being converted into voting securities of the surviving
entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting
securities of the Company or such surviving entity or its parent outstanding immediately after such merger
or consolidation.