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Re: slicknick617 post# 2307

Friday, 12/08/2023 10:32:12 AM

Friday, December 08, 2023 10:32:12 AM

Post# of 2924
Ok, well here is the gist of the importance of the proxy vote RCRT is performing as it relates to AESO/CognoGroup.

RCRT has a debt arrangement with a company called Montage Capital.

The proxy is required to enlarge the A/S in order to cover the shares being issued to a Fintech company RCRT is buying called Gologiq $GOLQ. Concurrently, they are selling some of the Recruiter.com assets to another recruiting agency called JobMobz.

Montage requires these things to be completed before the remaining pieces of RCRT can be spun-out into AESO. Mainly the JobMobz payment of $1.5M toward the RCRT debts they own.

Based on my interpretation of limited emails I have had with Miles Jennings, AESO is going to be a Holding company for the assets being separated from the original NASDAQ RCRT shell.

Here is a list of things I expect them to absorb into CognoGroup based on the investor presentation on YouTube and contained in the filings.

JobMobz

The acquisition agreement features:

$1.5M in cash at closing;

An additional $250K payable within 90 days from closing;

Shares comprising ten percent (10%) of Job Mobz, a private California corporation that forecasts 2024 revenue in excess of $50 million with net profit margins of approximately 15-20%;

Quarterly profit sharing expected to begin in Q1 2024; and a 3-year services agreement.

https://finance.yahoo.com/news/job-mobz-acquire-iconic-recruiter-120000029.html

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Futuris (Holdings for sale of HeathCare Contracts) subsidiary Insigma/Akvarr.

The Insigma Agreement also provides for the payment of up to $2,000,000 of additional cash consideration as an earnout payment to the Company, which shall be payable in monthly installments beginning 30 days from the closing date and based on the Gross Margin (as defined in the Insigma Agreement) generated by the acquired assets. On October 2, 2023 the Company and Insigma finalized the transfer based on the Closing Date (as defined in the Insigma Agreement). On October 5, 2023 the Company received 9,518,605 shares of common stock of FTRS. The shares were Valued at $634,605 based on the October 2, 2023, stock price of $0.0667.

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Gologiq- (probable outcome)

80% of the RCRT shell may be held by CognoGroup until Gologiq Fintech subsidiaries meet required revenue targets. Holding will decrease if gates are met within timeframes until Gologiq owns 90% of OS. Leaving AESO with 10% stake share holding.

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Expected Rev generating SpinOuts

MediaBistro (upgrading tools/solution to Web3 AR/VR gaming platform) in addition to recruiting solutions.

https://www.mediabistro.com/

CandidatePitch (AI)

https://www.candidatepitch.com/

Recruiting Classes

https://www.recruitingclasses.com/

Artificial Intelligence exchange

https://www.linkedin.com/groups/37888

And

Unknown what deals/ partnerships with MillionWays or WorkTech are in the works, plus who knows what else.

Lastly, I also think there is something brewing with AURA. But this is only an opinion sin Evan Sohn is that companies CEO. He is an AESO director.

https://www.getaura.ai/

You chose what you think, but this is what I feel is coming to AESO in 2024.

GLTU