Replies to post #7860 on Affluence Corporation (AFFU)

[TJG]

RDY... from the link you provided this is the explination given in that document for Change of Control. What is your take on it. I am reading it as Balkin having taken control of over 50% of the voting rights... he has not taken control of the company itself.
https://www.otcmarkets.com/otcapi/company/dns/news/document/77833/content

A “Change in Control” shall mean any events resulting in: i. Any "person" (as such term is used in 1
Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3
of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%)
or more of the total voting power represented by the Company's then outstanding Exchange Act), directly
or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting
power represented by the Company's then outstanding voting securities; ii. iii. iv. The consummation of
the sale or disposition by the Company of all or substantially all of the Company's assets; A change in the
composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority
of the directors are directors immediately prior to such change; or The consummation of a merger or
consolidation of the Company with any other corporation, other than a merger or consolidation which
would result in the voting securities of the Company outstanding immediately prior thereto continuing to
represent (either by remaining outstanding or by being converted into voting securities of the surviving
entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting
securities of the Company or such surviving entity or its parent outstanding immediately after such merger
or consolidation.

[oldstocks]

Rd that Horizon Technology Finance Corp is paying 33 cents in dividends
11 cents in January
11 cents in February
11 cents in March

Could you imagine Affluence some day paying a dividend


A goo gle image search of Affluence
Came up with this cartoon saying

UNCLE JOHN HAS BUILT
HIMSELF A COMFORTABLE
NEST EGG!
affluence (af' lu-ens) NOUN
A PLENTEOUS SUPPLY, AS OF RICHES, WORDS, OR IDEAS;
A FLOWING TOWARD; GREAT WEALTH; OF A MAN OF AFFLUENCE.

[powerbattles]

Good morning. Yes, Mike Balkin is the key player here. We must focus on him in the DD, as he truly matters.

[BigBadWolf]

The OTCQX is the highest tier of the OTC market and is designed for more established companies that meet higher standards of financial reporting, corporate governance, and transparency.
Sponsor Requirement
OTCQX Sponsor: To qualify for OTCQX, the company must be sponsored by an OTCQX-approved sponsor. This sponsor is usually a law firm, investment bank, or other qualified third party that assists in the application process and ensures the company meets the necessary requirements for transparency, compliance, and investor protection.
Summary of Key Points:
Audited Financials (2 years minimum).
Up-to-date SEC or home country regulatory filings.
No material defaults or legal issues.
Sufficient trading history and price per share ($0.01 or more).
Independent governance and audit committees.
OTCQX Sponsor required.
Ongoing compliance with transparency and governance standards.

[RichieBoy]

Ok my bad wishful drinking (Hicks)

That's what I'm hoping, the medical side could be lucrative if that's what this is awesome. Think I'll have another (Hicks) 🍷