Affluence Corporation (AFFU)

[powerbattles]

$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.

On December 12, 2021 the Company announced that OneMind Technology received a
$1.6 million contract award for phase 1 of the NEOM Smart City Project. OneMind Technology is a
subcontractor on the project through Dell Technologies. https://www.otcmarkets.com/otcapi/company/financial-report/410157/content

We’re virtually at the bottom of the chart, the downside which minimizes risk. This is a solid long-term investment with huge potential enough to possibly change your lifestyle for good. IMHO.

Fundamentals DD.
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