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1000 share = $22
Don’t get too excited the volume is anemic
Miles is listed as an advisor for Aura since June 2024 if you look at his experience. Maybe that’s the connection
He is the CFO of RCRT and this shell is a subsidiary of rcrt they own 95.5%. therefore he has an obligation to adhere to his fiduciary responsibilities…..Evan is also in the board and is considered a fiduciary. Im sure they want to do RCRT shareholders right and realize the current common AESO shareholders bring nothing to the deal.
Directors and officers of corporations owe fiduciary duties to corporate stockholders and to the corporate business entity itself. In the corporate setting, the fiduciary duty requires both directors and officers to apply their best business judgment, to act in good faith, and to promote the best interests of the corporation.
RCRT owns 95.5% of the shell and all the assets going into it. Whatever AESO shareholders get is a gift because they bring absolutely nothing to the deal.
The board/Miles has fiduciary responsibility to RCRT shareholders and it will be reflected in their decisions. WATCH!
Have a great day!
You get both shares the spin out AESO (gonna be way more AESO ownership) and RCRT (nasdaq low floater). You are just trying to push up the price in the short term with your misleading statements.
"It appears current AESO shareholders are ready to twist the facts of the deal to unjustly enrich themselves at the expense of others"
Sorry, I don't think it's right to scam others it not jealously at all.
Thanks for all the information. Nothing changes the fact that current AESO shareholder only own 4.5% of the shell on a fully diluted basis. The RCRT shareholders will own most of the shares of AESO in the future because they own all the assets. It appears current AESO shareholders are ready to twist the facts of the deal to unjustly enrich themselves at the expense of others. I'm done posting for now. However, IMO RCRT is still the better opportunity for an individual that is interested in the long term and you get to keep your shares in RCRT listing.
Wrong. It's not OTCQB ready because the financial statements are not audited.
https://www.otcmarkets.com/files/OTCQB_Standards.pdf
You have lofty expectations because you are expecting something from nothing. AESO shareholders are bringing nothing to the table. ZILCH.
The preferred shares will be used to spinout common stock to the RCRT shareholders.
A shell can be bought for $90-115K at the website below
https://www.publicshell.us
*** WE ALSO HAVE AVAILABLE CLEAN PINK OTC NON-REPORTING AND/OR DELINQUENT REPORTING PUBLIC SHELLS PRICES RANGING FROM $90,000 - $115,000 EMAIL US FOR DETAILS
They have to convert the control block because the whole reason for the transaction which is to spinout the shell to RCRT shareholders. RCRT shareholders are not going to hang on to preferred shares once the spinout is completed. (fact)
Again, RCRT shareholders own a controlling majority interest of 95.5% on a fully diluted basis. (fact)
Yeah 500M-1B (if AS is increased) is not a lot for OTC but I doubt that occurs and the stock will be reverse split (opinion)
I'm only posting because Gnarlyman post stuff that is not totally accurate. From a long term perspective owning shares of AESO is better because you will have more ownership that is a fact that can't be disputed (RCRT shareholders own the majority controlling interest). A lot of people here are not here for the long term just a quick pump then cash out on the backs of others. AESO shareholders will get diluted, hopefully you can pump this before that happens.
The dilution will not happen years from now it will be in 2024 as part of the spin out. The RCRT shareholders will get their shares pretty soon!
The RCRT holders own the assets getting dumped into this AESO and own a major equity stake/ controlling interest in the AESO. The preferred shares will get converted and the current AESO holders will get diluted.
On July 25, 2023, the Company acquired a shell company, Atlantic Energy Solutions, Inc., which is a dormant entity quoted on OTC Market under the symbol AESO, in which the Company acquired a controlling and majority equity interest through purchasing 1,000,000 preferred convertible shares providing voting control of Atlantic Energy Solutions, Inc. for $80,000. The transaction is accounted for as a recapitalization due to the intent of the company to spin out the shell to the shareholders of Recruiter.com Group, Inc. and continue certain operations of Recruiter.com, Inc. in AESO. 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.
It's all based on facts from the filings.
RCRT holders will end up having a much larger ownership stake in AESO/Cognos Group compared to current AESO holders, given that all of RCRT's assets are being merged into the shell, resulting in RCRT holders owning 95.5% on a fully diluted basis.
It's also worth noting that each series A is convertible into 1000 common shares, not 100, which means the fully diluted shares would be 1.047 billion, not 147 million. Additionally, the authorized shares of commons are 500 million, but this can be adjusted if needed.
I own RCRT, therefore, I will ultimately receive AESO/Cognos Group shares in the end much more than if I bite here. The current valuation of AESO appears inflated because once shares are issued to RCRT holders, there will likely be very significant dilution for current AESO holders.
Good Luck.
Owning shares in RCRT is way better. Buying 1000 shares of RCRT is like buying 313,479 shares of AESO (.0003/.0000957 = 3.13) and you keep the shares of RCRT.
1000 shares of RCRT = 1000/2.7m x 95.5% = .0003 ownership in Cognos Group + you own shares in RCRT nasdaq listing
100,000 shares of AESO = 100,000/47M x 4.5% = .0000957 ownership in Cognos Group
They are putting assets in AESO because the RCRT shareholders currently own 95.5% of AESO on a fully diluted basis.
I'm not saying the shares are worthless but how much ownership in the RCRT assets do you realistically think you will have. Current AESO shareholders are not bringing anything to the table NOTHING. Why should the RCRT shareholders get diluted even more by giving you ownership in our assets for nothing in return?
from RCRT's most recent 10K -
On July 25, 2023, the Company acquired a shell company, Atlantic Energy Solutions, Inc., which is a dormant entity quoted on OTC Market under the symbol AESO, in which the Company acquired a controlling and majority equity interest through purchasing 1,000,000 preferred convertible shares providing voting control of Atlantic Energy Solutions, Inc. for $80,000. The transaction is accounted for as a recapitalization due to the intent of the company to spin out the shell to the shareholders of Recruiter.com Group, Inc. and continue certain operations of Recruiter.com, Inc. in AESO. 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.
The number of shareholders of record of our Common Stock as of March 31, 2024, was approximately 612 recordholders. This is not the actual number of beneficial owners of our Common Stock, as shares are held in “street name” by brokers and others on behalf of such owners. As of March 31, 2024, there were no holders of record of our Series E Convertible Preferred Stock.
The optimal strategy for playing the spinout involves acquiring shares of RCRT on Nasdaq not AESO. This approach ensures retention of RCRT shares (gologic) while also securing shares in Congosgroup, of which RCRT shareholders currently possess 95.5% ownership (1 billion out of 1.047 billion shares) of AESO on a fully diluted basis.
RCRT shareholders maintain full ownership of all assets involved in the play, while AESO contributes absolutely nothing. Giving current AESO shareholders a 4.5% ownership (maximum) stake in Congosgroup AESO seems very favorable if that actually occurs. The question arises: is a 4.5% ownership in Cognosgroup/AESO justifiably valued at a $1.2 million market capitalization? This valuation implies a total company worth of $27 million.
Considering that RCRT shareholders already possess 95.5% ownership of AESO, and given that RCRT shareholders own all the assets and have a current market capitalization of $4.8 million on Nasdaq, one must assess which shares are undervalued: RCRT shares or AESO shares? The answer should be pretty obvious.
On July 25, 2023, Synergy Management Group, LLC, a former shareholder of the Company’s the Series A Preferred Stock, signed a security purchase agreement with Recruiter.com Group, Inc. to sell the controlling interest in the company through 1,000,000 shares of the Series A Preferred Stock of the Company for cash consideration of $80,000. The Series A Preferred shares are convertible at 1 share of Series A Preferred Stock into 1,000 common shares of the Company.
https://www.otcmarkets.com/otcapi/company/financial-report/403041/content
AESO holds no inherent value for RCRT shareholders beyond being a repository for their assets. Currently, the market capitalization of AESO's common stock stands at $1.2 million, a remarkable 32 times higher than the implied value at the time of RCRT shareholders' investment in the company.