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OTCN is OTC Markets Group Inc. They own OTCM and operate several tiers of OTC markets (OTCQX, OTCQB, and Pink) Since OTCN is a market maker within OTC Markets, this connection can lead to perceived conflicts of interest, and you know what I mean...
125K is the note I refer to as described in the quote below: furthermore, on 6/1/2022, Michael Balkin approved additional borrowing, resulting in the issuance of 8 million shares to him. At this point, I believe Balkin holds more shares than the combination of all the insiders.
From my perspective, Balkin’s long-term intention seems to have been to gain control of the company, which ultimately led to the resignation of James E. Honan, and Dale Haase from the board.
After years of funding the company, he’s aware of the company's direction and potential. Previously, we had Series B and A preferred shares for control, but both classes were canceled, leaving only common shares. Therefore, whoever holds the most common shares now controls the company. The company has recorded 500,847,878 restricted shares, with five insider officers and directors controlling 136,077,102 shares, leaving 364,770,776. possible most to the hand of Michael Balkin.
Those notes should not be considered it's in DEFAULT because all notes are ZERO which means shares have converted into the common. We know 136,077,102 restricted shares were held by the insiders of the five directors. What we don't know is that out of 364,770,776 restricted shares how many are in the hand of Michael Ballkin?
Come on can people think outside of the box? Consider Microsoft’s model: the big revenue didn’t come just from a one-time sale of Windows built on MS-DOS. It came from continuous updates and new versions, generating substantial recurring revenue year after year.
Today's sell-off shows that many are still overlooking the company's potential, with some looking for a quick profit rather than understanding the fundamentals. When you have a solid grasp of a company’s fundamentals, no one can pressure you into panic selling.
No, thank you! Your interest made me want to look deeper into the company, and I had no idea you'd been following it for so long. Since the board resignation announcement, I’ve noticed the trading pattern has shifted, with OTCN consistently leading on the ask for clear signs of heavy manipulation at work.
It seems like the closer we get to a company update, the harder he’s pushing the price down. I can’t be sure of his exact motivation, but one thing’s clear, if this were dilution, he’d be filling large blocks parked on the bid, not printing FAKE shares below it. I’m willing to bet there could be a leak of potential merger news, and he wants to accumulate shares before the big run-up.
Are we supposed to have an updated News after the Smart City Expo?
It was a heavy red day, but it was exciting because it provided a chance to grab more shares at a discount. If you're in it for the long haul, a temporary price dip like today’s doesn’t matter at all.
Could there be a merger leak? It seems like someone with insider knowledge is holding the price down while accumulating shares. If OTCN has shares available, why are they filling millions of orders at the bid? Why filled below the bid?"
This rephrasing tells me that the price might be intentionally kept low to allow for accumulation, possibly ahead of merger news, raising questions about the motivations behind trading patterns.
Not directly linked to Trillium Capital but is bad enough to flush out the Dumbmoney.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175330964
Thanks to those who fed me the shares, I managed to get 1,000,000 shares at $0.002.
YUP! It passed 250k and 1350k at the bid. Now they uptick on air WTF! I Loved the panic sell-off today because one idiot individual posted a stupid link to Trillium Capital. Rotflmao:)))
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175331508
Stop being willfully blind to what's happening around you. Trillium Partners LP focuses primarily on mergers, acquisitions, and strategic advisory for private and public companies, especially in the media and technology sectors.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175331351
Loved! I just bought another million shares. They double print 975k and show all red? Manipulation at its best.
11/04/24 03:06 PM ET Buy 975000 AFFU Executed @ $0.00195
11/04/24 03:06 PM ET Buy 25000 AFFU Executed @ $0.002
Hahaaaaaa good catch! Trillium Capital and Trillium Partners LP are different entities with distinct focuses and services.
Trillium Capital generally operates in investment management and other financial services, whereas
Trillium Partners LP focuses primarily on mergers, acquisitions, and strategic advisory for private and public companies, especially in the media and technology sectors
People sometimes struggle to think outside the box, panicking the moment a link is shared. AFFU securing financing from Trillium Capital doesn’t automatically imply that AFFU is involved in any wrongdoing. As for Mike Balkin, maybe he should consider selling his shares too. Rotfmao.
Robert Scott Murray, was sentenced for a securities fraud scheme. AFFU acquiring financing from Trillium Capital does not necessarily mean AFFU is complicit or involved in any wrongdoing.
You are correct. This goes back to the BOD change Trillium Partners LP/. Stephen M. Hicks I think they are lining up for the merger.
Trillium, through its general partner (Maple Leaf) and manager (Mr. Hicks), has the power to vote and dispose of the shares. Neither Maple Leaf nor Mr. Hicks owns shares directly but may be deemed to beneficially own Trillium's shares under Rule 13d-3.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175330825
Agreed. Filing a Schedule 13G does not grant an investor the ability to dilute a company's stock directly. There’s a restriction that prevents conversion or exercise of these securities. The Note and Warrants may not be converted or exercised into common stock such that the Reporting Person would beneficially own more the 9.99% of the Issuer’s common stock at any given time. Trillium already holds a convertible note with a principal amount of $689,486. Trillium owns 24,535,149 NEW shares of the issuer's common stock. Trillium also has warrants to purchase up to 25,000,000 shares of the issuer's common stock. This represents their direct investment in the company and counts toward their total ownership percentage. Therefore, I also think it's a good thing at this point in time."
Trillium, through its general partner (Maple Leaf) and manager (Mr. Hicks), has the power to vote and dispose of the shares. Neither Maple Leaf nor Mr. Hicks owns shares directly but may be deemed to beneficially own Trillium's shares under Rule 13d-3.
Based on the info I think Maple Leaf and Mr. Hicks might cook something behind the close door.
Thank you, this new info not showing on the OTCM. Your thought on Schedule 13G?
Yes, there’s an automatic response sent to the person who filed the complaint. As explained, OTCN does not receive an automatic notification when a complaint is filed. Right or wrong, I think we should end the debate here.
$AFFU OneMind TECHNOLOGIES IS HEADING TO THE GLOBAL SMART CITY EXPO!
With the merger canceled and the founder and directors resigning, it appears a new merger should be on the horizon. They’ve indicated that announcements will follow once the deal is finalized. It’s time to think outside the box.
On June 1, 2022 the Company issued 8,000,000 shares of restricted common stock to Michael Balkin as part of the terms of a loan to the Company. Michael Bakin 125K$/8000000 = 15625. Folk, he paid .15625 per share. I believe he still held all the shares.
Over the years, he’s invested big money into the company, and now he’s stepped up to take control. Don’t underestimate him. He’s a legend. If you haven’t read his biography, now’s the time to do it.
Currently, he is the Chairman of the Board of Performance Health Systems, LLC, and was a member of the board of managers of Innventure, “INV”, an Intellectual Property-based development company co-founded by Greg Wasson. He is also on the Board of Directors of Horizon Technology Finance Corporation “HRZN” a Nasdaq-listed company with a current stock price of $10 per share.
Mike Balkin recently served as CEO and Director of Foresight Acquisition Corporation, where he led a merger with a $2.2 billion private healthcare company. On top of that, Mike Balkin is an advisor on the board of the Innventure Fund, an Intellectual Property-based development fund started by Greg Wasson. Gregory "Greg" Wasson, former president and Chief Executive Officer of Walgreen Co. If you don't know who is Greg Wasson you also need to check him out.
https://wassonenterprise.com/michael-balkin/
This isn’t just an ordinary pink-sheet stock. AFFU has assets of $4.2 million and current liabilities of only $55,517. The surprising part? Its market cap is just $2.29 million, which is a joke given its potential. There are so many positives about this company, but I’ll let you discover those for yourself. If you dive into the OneMind AI software platform, you’ll see, it’s mind-blowing, truly top-notch.
This is just Phase 1 of the NEOM Smart City Project. The company has already announced that more contracts will be revealed in 2025. The revenue potential from these projects could be substantial. Since they’re using our software technology, logic tells me that this won’t be a one-time revenue deal. It could become residual revenue as long as they rely on OneMind AI technology for maintenance and updates.
$AFFU OneMind TECHNOLOGIES IS HEADING TO THE GLOBAL SMART CITY EXPO!
With the merger canceled and the founder and directors resigning, it appears a new merger should be on the horizon. They’ve indicated that announcements will follow once the deal is finalized. It’s time to think outside the box.
On June 1, 2022 the Company issued 8,000,000 shares of restricted common stock to Michael Balkin as part of the terms of a loan to the Company. Michael Bakin 125K$/8000000 = 15625. Folk, he paid .15625 per share. I believe he still held all the shares.
Over the years, he’s invested big money into the company, and now he’s stepped up to take control. Don’t underestimate him. He’s a legend. If you haven’t read his biography, now’s the time to do it.
Currently, he is the Chairman of the Board of Performance Health Systems, LLC, and was a member of the board of managers of Innventure, “INV”, an Intellectual Property-based development company co-founded by Greg Wasson. He is also on the Board of Directors of Horizon Technology Finance Corporation “HRZN” a Nasdaq-listed company with a current stock price of $10 per share.
Mike Balkin recently served as CEO and Director of Foresight Acquisition Corporation, where he led a merger with a $2.2 billion private healthcare company. On top of that, Mike Balkin is an advisor on the board of the Innventure Fund, an Intellectual Property-based development fund started by Greg Wasson. Gregory "Greg" Wasson, former president and Chief Executive Officer of Walgreen Co. If you don't know who is Greg Wasson you also need to check him out.
https://wassonenterprise.com/michael-balkin/
This isn’t just an ordinary pink-sheet stock. AFFU has assets of $4.2 million and current liabilities of only $55,517. The surprising part? Its market cap is just $2.29 million, which is a joke given its potential. There are so many positives about this company, but I’ll let you discover those for yourself. If you dive into the OneMind AI software platform, you’ll see, it’s mind-blowing, truly top-notch.
This is just Phase 1 of the NEOM Smart City Project. The company has already announced that more contracts will be revealed in 2025. The revenue potential from these projects could be substantial. Since they’re using our software technology, logic tells me that this won’t be a one-time revenue deal. It could become residual revenue as long as they rely on OneMind AI technology for maintenance and updates.
$AFFU OneMind TECHNOLOGIES IS HEADING TO THE GLOBAL SMART CITY EXPO!
With the merger canceled and the founder and directors resigning, it appears a new merger should be on the horizon. They’ve indicated that announcements will follow once the deal is finalized. It’s time to think outside the box.
On June 1, 2022 the Company issued 8,000,000 shares of restricted common stock to Michael Balkin as part of the terms of a loan to the Company. Michael Bakin 125K$/8000000 = 15625. Folk, he paid .15625 per share. I believe he still held all the shares.
Over the years, he’s invested big money into the company, and now he’s stepped up to take control. Don’t underestimate him. He’s a legend. If you haven’t read his biography, now’s the time to do it.
Currently, he is the Chairman of the Board of Performance Health Systems, LLC, and was a member of the board of managers of Innventure, “INV”, an Intellectual Property-based development company co-founded by Greg Wasson. He is also on the Board of Directors of Horizon Technology Finance Corporation “HRZN” a Nasdaq-listed company with a current stock price of $10 per share.
Mike Balkin recently served as CEO and Director of Foresight Acquisition Corporation, where he led a merger with a $2.2 billion private healthcare company. On top of that, Mike Balkin is an advisor on the board of the Innventure Fund, an Intellectual Property-based development fund started by Greg Wasson. Gregory "Greg" Wasson, former president and Chief Executive Officer of Walgreen Co. If you don't know who is Greg Wasson you also need to check him out.
https://wassonenterprise.com/michael-balkin/
This isn’t just an ordinary pink-sheet stock. AFFU has assets of $4.2 million and current liabilities of only $55,517. The surprising part? Its market cap is just $2.29 million, which is a joke given its potential. There are so many positives about this company, but I’ll let you discover those for yourself. If you dive into the OneMind AI software platform, you’ll see, it’s mind-blowing, truly top-notch.
This is just Phase 1 of the NEOM Smart City Project. The company has already announced that more contracts will be revealed in 2025. The revenue potential from these projects could be substantial. Since they’re using our software technology, logic tells me that this won’t be a one-time revenue deal. It could become residual revenue as long as they rely on OneMind AI technology for maintenance and updates.
$UNQL Grossly undervalued.
$UNQL GROSSLY UNDERVALUED.
$AFFU THIS IS A SIGNIFICANT DEVELOPMENT! With the merger canceled and the founder and directors resigning, it appears a new merger should be on the horizon. They’ve indicated that announcements will follow once the deal is finalized. It’s time to think outside the box.
On June 1, 2022 the Company issued 8,000,000 shares of restricted common stock to Michael Balkin as part of the terms of a loan to the Company. Michael Bakin 125K$/8000000 = 15625. Folk, he paid .15625 per share. I believe he still held all the shares.
Over the years, he’s invested big money into the company, and now he’s stepped up to take control. Don’t underestimate him. He’s a legend. If you haven’t read his biography, now’s the time to do it.
Currently, he is the Chairman of the Board of Performance Health Systems, LLC, and was a member of the board of managers of Innventure, “INV”, an Intellectual Property-based development company co-founded by Greg Wasson. He is also on the Board of Directors of Horizon Technology Finance Corporation “HRZN” a Nasdaq-listed company with a current stock price of $10 per share.
Mike Balkin recently served as CEO and Director of Foresight Acquisition Corporation, where he led a merger with a $2.2 billion private healthcare company. On top of that, Mike Balkin is an advisor on the board of the Innventure Fund, an Intellectual Property-based development fund started by Greg Wasson. Gregory "Greg" Wasson, former president and Chief Executive Officer of Walgreen Co. If you don't know who is Greg Wasson you also need to check him out.
https://wassonenterprise.com/michael-balkin/
This isn’t just an ordinary pink-sheet stock. AFFU has assets of $4.2 million and current liabilities of only $55,517. The surprising part? Its market cap is just $2.29 million, which is a joke given its potential. There are so many positives about this company, but I’ll let you discover those for yourself. If you dive into the OneMind AI software platform, you’ll see, it’s mind-blowing, truly top-notch.
This is just Phase 1 of the NEOM Smart City Project. The company has already announced that more contracts will be revealed in 2025. The revenue potential from these projects could be substantial. Since they’re using our software technology, logic tells me that this won’t be a one-time revenue deal. It could become residual revenue as long as they rely on OneMind AI technology for maintenance and updates.
$AFFU THIS IS A SIGNIFICANT DEVELOPMENT! With the merger canceled and the founder and directors resigning, it appears a new merger should be on the horizon. They’ve indicated that announcements will follow once the deal is finalized. It’s time to think outside the box.
On June 1, 2022 the Company issued 8,000,000 shares of restricted common stock to Michael Balkin as part of the terms of a loan to the Company. Michael Bakin 125K$/8000000 = 15625. Folk, he paid .15625 per share. I believe he still held all the shares.
Over the years, he’s invested big money into the company, and now he’s stepped up to take control. Don’t underestimate him. He’s a legend. If you haven’t read his biography, now’s the time to do it.
Currently, he is the Chairman of the Board of Performance Health Systems, LLC, and was a member of the board of managers of Innventure, “INV”, an Intellectual Property-based development company co-founded by Greg Wasson. He is also on the Board of Directors of Horizon Technology Finance Corporation “HRZN” a Nasdaq-listed company with a current stock price of $10 per share.
Mike Balkin recently served as CEO and Director of Foresight Acquisition Corporation, where he led a merger with a $2.2 billion private healthcare company. On top of that, Mike Balkin is an advisor on the board of the Innventure Fund, an Intellectual Property-based development fund started by Greg Wasson. Gregory "Greg" Wasson, former president and Chief Executive Officer of Walgreen Co. If you don't know who is Greg Wasson you also need to check him out.
https://wassonenterprise.com/michael-balkin/
This isn’t just an ordinary pink-sheet stock. AFFU has assets of $4.2 million and current liabilities of only $55,517. The surprising part? Its market cap is just $2.29 million, which is a joke given its potential. There are so many positives about this company, but I’ll let you discover those for yourself. If you dive into the OneMind AI software platform, you’ll see, it’s mind-blowing, truly top-notch.
This is just Phase 1 of the NEOM Smart City Project. The company has already announced that more contracts will be revealed in 2025. The revenue potential from these projects could be substantial. Since they’re using our software technology, logic tells me that this won’t be a one-time revenue deal. It could become residual revenue as long as they rely on OneMind AI technology for maintenance and updates.
$AFFU THIS IS A SIGNIFICANT DEVELOPMENT! With the merger canceled and the founder and directors resigning, it appears a new merger should be on the horizon. They’ve indicated that announcements will follow once the deal is finalized. It’s time to think outside the box.
On June 1, 2022 the Company issued 8,000,000 shares of restricted common stock to Michael Balkin as part of the terms of a loan to the Company. Michael Bakin 125K$/8000000 = 15625. Folk, he paid .15625 per share. I believe he still held all the shares.
Over the years, he’s invested big money into the company, and now he’s stepped up to take control. Don’t underestimate him. He’s a legend. If you haven’t read his biography, now’s the time to do it.
Currently, he is the Chairman of the Board of Performance Health Systems, LLC, and was a member of the board of managers of Innventure, “INV”, an Intellectual Property-based development company co-founded by Greg Wasson. He is also on the Board of Directors of Horizon Technology Finance Corporation “HRZN” a Nasdaq-listed company with a current stock price of $10 per share.
Mike Balkin recently served as CEO and Director of Foresight Acquisition Corporation, where he led a merger with a $2.2 billion private healthcare company. On top of that, Mike Balkin is an advisor on the board of the Innventure Fund, an Intellectual Property-based development fund started by Greg Wasson. Gregory "Greg" Wasson, former president and Chief Executive Officer of Walgreen Co. If you don't know who is Greg Wasson you also need to check him out.
https://wassonenterprise.com/michael-balkin/
This isn’t just an ordinary pink-sheet stock. AFFU has assets of $4.2 million and current liabilities of only $55,517. The surprising part? Its market cap is just $2.29 million, which is a joke given its potential. There are so many positives about this company, but I’ll let you discover those for yourself. If you dive into the OneMind AI software platform, you’ll see, it’s mind-blowing, truly top-notch.
This is just Phase 1 of the NEOM Smart City Project. The company has already announced that more contracts will be revealed in 2025. The revenue potential from these projects could be substantial. Since they’re using our software technology, logic tells me that this won’t be a one-time revenue deal. It could become residual revenue as long as they rely on OneMind AI technology for maintenance and updates.
$AFFU THIS IS A SIGNIFICANT DEVELOPMENT! With the merger canceled and the founder and directors resigning, it appears a new merger should be on the horizon. They’ve indicated that announcements will follow once the deal is finalized. It’s time to think outside the box.
On June 1, 2022 the Company issued 8,000,000 shares of restricted common stock to Michael Balkin as part of the terms of a loan to the Company. Michael Bakin 125K$/8000000 = 15625. Folk, he paid .15625 per share. I believe he still held all the shares.
Over the years, he’s invested big money into the company, and now he’s stepped up to take control. Don’t underestimate him. He’s a legend. If you haven’t read his biography, now’s the time to do it.
Currently, he is the Chairman of the Board of Performance Health Systems, LLC, and was a member of the board of managers of Innventure, “INV”, an Intellectual Property-based development company co-founded by Greg Wasson. He is also on the Board of Directors of Horizon Technology Finance Corporation “HRZN” a Nasdaq-listed company with a current stock price of $10 per share.
Mike Balkin recently served as CEO and Director of Foresight Acquisition Corporation, where he led a merger with a $2.2 billion private healthcare company. On top of that, Mike Balkin is an advisor on the board of the Innventure Fund, an Intellectual Property-based development fund started by Greg Wasson. Gregory "Greg" Wasson, former president and Chief Executive Officer of Walgreen Co. If you don't know who is Greg Wasson you also need to check him out.
https://wassonenterprise.com/michael-balkin/
This isn’t just an ordinary pink-sheet stock. AFFU has assets of $4.2 million and current liabilities of only $55,517. The surprising part? Its market cap is just $2.29 million, which is a joke given its potential. There are so many positives about this company, but I’ll let you discover those for yourself. If you dive into the OneMind AI software platform, you’ll see, it’s mind-blowing, truly top-notch.
This is just Phase 1 of the NEOM Smart City Project. The company has already announced that more contracts will be revealed in 2025. The revenue potential from these projects could be substantial. Since they’re using our software technology, logic tells me that this won’t be a one-time revenue deal. It could become residual revenue as long as they rely on OneMind AI technology for maintenance and updates.
$AFFU THIS IS A SIGNIFICANT DEVELOPMENT! With the merger canceled and the founder and directors resigning, it appears a new merger should be on the horizon. They’ve indicated that announcements will follow once the deal is finalized. It’s time to think outside the box.
On June 1, 2022 the Company issued 8,000,000 shares of restricted common stock to Michael Balkin as part of the terms of a loan to the Company. Michael Bakin 125K$/8000000 = 15625. Folk, he paid .15625 per share. I believe he still held all the shares.
Over the years, he’s invested big money into the company, and now he’s stepped up to take control. Don’t underestimate him. He’s a legend. If you haven’t read his biography, now’s the time to do it.
Currently, he is the Chairman of the Board of Performance Health Systems, LLC, and was a member of the board of managers of Innventure, “INV”, an Intellectual Property-based development company co-founded by Greg Wasson. He is also on the Board of Directors of Horizon Technology Finance Corporation “HRZN” a Nasdaq-listed company with a current stock price of $10 per share.
Mike Balkin recently served as CEO and Director of Foresight Acquisition Corporation, where he led a merger with a $2.2 billion private healthcare company. On top of that, Mike Balkin is an advisor on the board of the Innventure Fund, an Intellectual Property-based development fund started by Greg Wasson. Gregory "Greg" Wasson, former president and Chief Executive Officer of Walgreen Co. If you don't know who is Greg Wasson you also need to check him out.
https://wassonenterprise.com/michael-balkin/
This isn’t just an ordinary pink-sheet stock. AFFU has assets of $4.2 million and current liabilities of only $55,517. The surprising part? Its market cap is just $2.29 million, which is a joke given its potential. There are so many positives about this company, but I’ll let you discover those for yourself. If you dive into the OneMind AI software platform, you’ll see, it’s mind-blowing, truly top-notch.
This is just Phase 1 of the NEOM Smart City Project. The company has already announced that more contracts will be revealed in 2025. The revenue potential from these projects could be substantial. Since they’re using our software technology, logic tells me that this won’t be a one-time revenue deal. It could become residual revenue as long as they rely on OneMind AI technology for maintenance and updates.
No, they generally do not send a notice of the complaint immediately. If you file a complaint with the SEC or FINRA regarding a market maker manipulating an OTC stock, they typically keep your identity confidential. The SEC or FINRA will first conduct an investigation to assess the validity of the claims. The specifics can vary based on the nature of the complaint and the regulations in place.
If they determine that further action is necessary, they may notify the market maker or the involved parties at that point.
I never put an all or none on pinksheet stock. Plus, if I did then I won't get others shares.
Yes, they filled my order. However, 11430 was not recorded show on level 2
11/04/24 10:48 AM ET Buy 11430 AFFU Executed @ $0.003
11/04/24 10:44 AM ET Buy 900000 AFFU Executed @ $0.003
11/04/24 10:31 AM ET Buy 8570 AFFU Executed @ $0.003
11/04/24 10:06 AM ET Buy 55000 AFFU Executed @ $0.003
11/04/24 10:06 AM ET Buy 25000 AFFU Executed @ $0.003
If you include the relevant screenshot, they'll investigate. Our team has done this with a few stocks before and successfully stopped manipulation. It won't happen overnight, without evidence, they won’t take action so it’s worth a shot.
It's not realistic to expect people to buy at .0038 when the ask is at .0032. You can make a better move by hitting the ask and narrowing the spread.
Welcome aboard friend.
We have a new mod, INTHEKNOW1! There are still two spots available, and we need more sticky posts. Since each mod can only have one sticky post, I encourage people to step up and sign up for the mod role.
Here we go again. 92,700 paint .003 FAKE shares, because I still haven’t received any. This is just ridiculous.
I hit the OTCN ask .003 for 1 million but only got filled for 2,500 to 5,500 shares, and then the ask moved higher. Immediately after that, he painted fake shares for 100k at .0029 under my remaining order 920k at .003, which still isn’t filled. If that’s not manipulation, I don’t know what is. It seems like OTCN is holding back the run because they're heavily short.
11/04/24 10:06 AM ET Buy 55000 AFFU Executed @ $0.003
11/04/24 10:06 AM ET Buy 25000 AFFU Executed @ $0.003
I really like this guy and have never had a conflict with him. I’ve known him for many years and have been in on a few big stocks with him. I pay close attention to both the stocks and the insights people share here.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175299470
Dino isn’t a basher; as he stated he is on our side. However, he’s focused on "PICKING BRAINS" to build his five million shares. That’s not right, which is why I felt the need to call him out.
I understand that you're not trying to bash, and your question is valid and deserves an answer. I took some time to look it up so we can all be on the same page.
Not all noteholders are subject to a 4.99% or 9.99% beneficial ownership limit. They serve as caps to prevent a noteholder from owning more than a specified percentage of the company’s outstanding shares upon conversion. Staying below 5% can help avoid SEC reporting requirements, like filing a Schedule 13D or 13G.
The noteholder's issue you ask for is not an offering. It's a private offering or private placement, which is when a company sells its securities directly to a limited number of private investors, such as institutional investors, high-net-worth individuals, or accredited investors. Private offerings are less regulated and are usually exempt from SEC registration requirements under Regulation D, Rule 506. This exemption means fewer disclosures, lower costs, and quicker access to capital.