This is the most important section of the Update PR that Oscar put out... the last bullet point is the top priority on that list. The minute they determin who the audit firm is, they need to announce it. In over three years Affluence announced on different occassions that they were going to become SEC compliant and get fully audited. They never followed up on any of those announcements... Oscar can not do the same... he has to announce as soon as possible who the firm is. That is the only way investors will begin to trust what this company says. To many false promises over the years, from 2021 till 2025, that trust needs to be fixed so people can invest here and have confidence in what is going to happen. Lack of Trust is the biggest enemy of AFFU at the moment IMO
As part of this repositioning, we are initiating a series of financial and structural plans to strengthen our balance sheet, including:
1. A cleanup and restructuring of legacy debt instruments, including dilutive convertible notes
2. Strategic acquisitions of cash-flow positive technology businesses
Alignment with long-term institutional investors, replacing short-term noteholders with committed growth capital
3. The Board of Directors is reviewing an engagement letter from a PCAOB registered audit firm with goal of issuing audited financial statements for the years ended December 31, 2025 and 2024.
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