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FWIW $GOLQ posted the same 8K basically yesterday with the licensing agreements.
https://www.otcmarkets.com/filing/html?id=17321383&guid=Zod-kWAqNviqJth
Maybe so.
Anyone know why YT links don’t show up on mobile?
Just for fun I’m linking this video since Hunter Gaylor is GOLQ’s COO and Millionways has a partnership with $RCRT which was part of the original spin-out to AESO per the video investor presentation.
I mentioned before QUBT had an LOI to buy Millionways, but this video has a lot of interesting info as to why.
However small the connection may be, I’m always gonna share stuff. Hopefully the video link is visible. You can search Markets Hunter to find him if the links below don’t work.
I’m not taking credit, it was probably in the works since they have to validate whether the Registered agent is onboard.
I agree with Tre, it was in queue and probably a funny coincidence.
I agree with Dcab, I’m willing to wait a long time for this develop.
Funny thing, I sent him an email yesterday 2/28 at 8:26 am eastern about the periodic and the filing logged at 8:42.
I asked Miles yesterday about the CO SOS report and he delivered. He is on top of things IMO.
Expecting more there for the Name change and Articles.
https://coloradosos.gov/biz/ViewImage.do?masterFileId=20218241678&fileId=20241247973
I’m think CDEL will get that 10M @ .0002
I have not discussed this with him. Those dates are pretty arbitrary. I’ve seen companies exceed it plenty of times and then just do the same paperwork to get it current again and boom the state just does it.
I’m assuming they care working on it since they just mentioned the name change, which is required at SOS first, before FINRA action. They’ll probably do they together if I had to guess.
I’m starting to think Ronn Maxwell Ford may be deceased. Every signature on SOS docs looks like that cheesy preloaded docu-sign script.
I could be wrong of course, just looks lazy
Yeah, don’t see how it’s possible since the A/S was lowered 6/23 to 500M and there has not been any other SOS amendments regarding the A/S.
Just weird, maybe they’re blowing out the current 500M then will stop to adjust for the rest. Not sure.
What are your thoughts on the possibility they are already converting these new Series C’s?
https://coloradosos.gov/biz/ViewImage.do?masterFileId=20218242083&fileId=20241103310
10M shares convertible to 100,000 per equals 1T shares.
Personally I don’t think they want Nasdaq. If that was the case they could just build out the Shell they already have?
I think longterm they are after a buyout of whatever Holdings they build into $AESO. Some big capital firm would be likely to buy all the assets at once if they do it correctly and if it has exceptional value w/growth potential.
IMO
Big Gulps huh! Alright! We’ll see you later.
-dumb & dumber
Yep and there has to be a good reason they decided to move in a new direction. I can only assume they see a better opportunity to prosper as a holding company.
Let’s estimate JobMobz is currently valued at 100M as Jesse said. 10% equity stake is pretty nice for AESO plus profit sharing and getting paid for the services agreement. Could be 3x-5x better in 2-3 yrs.
This completely independent from the other ventures.
IMO
According to the update, they cancelled the JobMobz shareholder vote requirement and plan to schedule a proxy vote on directors and CPA soon to cover the meeting requirement.
In the original proxy filing they stated the JobMobz price did not require a vote, but figured why not let shareholders vote. Guess they decided not to include that in the next proxy.
Assuming we will all know between now and April during the NAS hearing.
Nice $RCRT and $AESO (CognoGroup) news.
https://feeds.issuerdirect.com/news-release.html?newsid=8147323872573577
Or Nasdaq, lol.
This company seems to hate all their shareholders except for 1 in particular. IMO
Right, he just confirmed CognoGroup will be the holding company for all the assets they are receiving from the assets sales and other ventures. Looks good to me.
Wonder when the price will start reflecting the value. I expected a drop since name changes and such take time, but going back to dubs possibly seems a bit ridiculous. I need to scrounge some more powder for it.
I was expecting to see other RCRT to come in and prop it up a bit more. Possible delayed reaction to the news.
Guess we will see.
I have been on watch for them to do so. We will see what they say probably sooner or later.
$AESO
Here is a big piece of this 8K I think directly affects CognoGroup.
By this Affiliate definition in the GOLQ/RCRT Licensing agreement, I’m pretty sure $AESO is the Affiliate being described. Particularly since they don’t appear to have any others that I can find.
1.3 “Affiliate” means any corporation, firm, partnership or other entity which directly or indirectly controls or is controlled by or is under common control with a Party to this Agreement. For purposes of this definition, “control” means ownership, directly or through one or more Affiliates, of (a) fifty percent (50%) or more of the shares of stock entitled to vote for the election of directors, in the case of a corporation, (b) fifty percent (50%) or more of the equity interests in the case of any other type of legal entity, status as a general partner in any partnership, or (c) any other arrangement whereby a Party controls or has the right to control the Board of Directors or equivalent governing body of a corporation or other entity.
————————————————————
And here is why it matters: as RCRTs affiliate $AESO would be required to abide by payment requirements of the licensing agreement.
5.2 Payment Dates and Reports. Payments under Section 5.1.2 shall be paid by RCRT within forty-five (45) days after the end of each Fiscal Quarter in which such Net Sales and/or Sublicensing Income are made and payments to RCRT are owed hereunder. Each such payment shall be accompanied by a report showing the Net Sales of each Licensed Product Sold by RCRT or an Affiliate of RCRT, in each country, the applicable royalty rate for such Licensed Product, and a calculation of the amount of royalty, plus all Sublicensing Income received by RCRT or an Affiliate of RCRT, the applicable rate and amount paid to RCRT and its Affiliates therefor.
What I gathered from the 8K and deal change is they need to boost the Shareholder equity because NAS turds didn’t like how close they were to the 2.5M mark. The licensing agreement adds to their SE total, by probably double or more according to them.
And also NAS required a shareholder meeting which they plan to clear off internally with the selection of the Auditor.
I agree it would be easier just to hold the meeting, but I like that the share structure is not changing for RCRT.
I don’t think any of this prolongs the AESO developments though.
Interesting development. Another change in the GOLQ deal. Seems to be a good plan to address the Nasdaq actions. I could not find anything about a RCRT A/S raise to cover shares of this 19.99%. Kind of think they intend to keep the O/S as low as possible over there. They also appear for some reason to be avoiding any proxy voting requirements. Not sure why, but I’m assuming it has something to do with the debt holders.
https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/1462223/000165495424002141/rcrt_8k.htm
This could have been planned the whole time to get access to the Radix AI product, but that’s just a reach for now.
Best case scenario John is drunk on his Tover booze and is fat fingering his free RONN shares away to fund NICH ops. He has or had around 30M or so.
I agree AESO is a vastly more legit play, but RONN will do another run sooner or later. I expect them to say they have a line of credit or something to that effect for PRE-SALE of their carbon credits through that Net Zero deal. Could be wrong, but they put that PR out for a reason. GLTU Splint.
RONN, eventually the dumping there will end. Not that I think management is on the up and up, but I’m fairly certain they will run it again sooner or later.
They won’t, these guys have been trying to get a clean shell for Zapvir Sinofresh products for nearly 20yrs since the other Sinofresh Healthcare failed.
Yep, good to know! I figured most of the longs here tend to bid sit. Ive only sold that 10K since probably Nov. I figure the way this trades I’ll have an opp to get them back later.
Anyone know what’s going on with $RONN formerly LPHM. It’s been getting dumped on hard the last few months, but the SS hasn’t changed at all. It’s crazy weird.
Figured I’d ask since it’s an ex-synergy shell that was sold to John Morgan, CEO of NICH and ZAAG also.
Thoughts?
You probably got the 10K I sold around 10. I wanted to average down over on another stock I think is extremely oversold. I’ll probably regret it later as usual. Enjoy
I think someone read the 8K and wasn’t interested in waiting for this to develop. Oh well, shares moved to stronger hands.
$AESO
Probably not
They are being meticulous in the way they’re working it. $AESO will have its time! No rush here.
I tried to make the IBOX simple as possible. OTC is flipper central these days with no patience. $AESO just needs time to develop based on my DD. A lot of moving parts between all the entities involved.
My expectation now is to see the Colorado SOS changes. They are currently due on their filings there, but I believe it hasn’t been updated because there is additional documents for the merger and name changes.
$AESO Definitely looking good, executing their plans for sure! GLTU
Looking for a PR on them moving forward with the JobMobz deal. Could get $AESO some exposure.
$RCRT 8-K w/(AESO) CognoGroup details.
Item 8.01. Other Events.
To prepare and effectuate the spin out of Atlantic Energy Solutions, Inc. (currently being renamed CognoGroup), on February 13,, 2024, the Board authorized certain corporate actions, including the transfer of assets and liabilities between subsidiaries of the Company, the renaming of Recruiter.com Recruiting Solutions, LLC to CognoGroup, LLC, and the reorganization of Recruiter.com Recruiting Solutions, LLC to a subsidiary of Atlantic Energy Solutions, Inc. Additionally, the Board of Directors authorized that management may take such steps necessary to change the name of Recruiter.com Group, Inc. to reflect its purpose and a corresponding change to the company’s stock symbol.
https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/1462223/000165495424001976/rcrt_8k.htm
JobMobz deal is wrapping up too!