You have to put it all together sometimes with out the aid of AI or other outside sources...just you your self. Here is the announcement from the Affluence Web site. They clearly state that they have completed the Acquisition of MTi After you read that...then go back to the Stickies and open the post I put up on April 14. In that post is a link to the Colorado Secretary of State. you have to do some maneuvering once you get there but if you do you will come to a page that has all of the filings AFFU has ever put up on that site. These are official documents and carry a penalty of perjury and other violations if they are not true and accurate. Go to the 5th page and down the list to April 14.. Open it up and you will see that they filed with the Colorado Sec of State a document declaring that once the Acquisition is completed and the completion is signed off by the Notary in Spain that MTi will have complete Voting Rights over the company. Voting rights means they have complete control over the company. In other words they have taken over. The only thing we do not have is the official PR announce them as now in control, my guess is they do not want to publicly take control until the dilution is done. They do not want that mess to fall at their feet. Its done Rich plain and simple
Strategic acquisition to expand market reach and ensure profitable growth.
Oak Brook, IL. May 16, 2025 – Affluence Corporation, (OTC Pink: AFFU), a Smart City Software and Internet of Things (IoT) technology company, announced today the completion of the acquisition of Barcelona based Mingothings SLU (“MTI”), a specialist in integrated IoT solutions and data analytics for smart cities and connected industries. The executed definitive agreement was notarized today pursuant to the laws of Spain.
This is a crucial step in our planned acquisition strategy to scale and profitably grow the group. MTI is already working in partnership with OneMind Technologies (“OMT”), also a wholly owned subsidiary of Affluence. OMT utilizes the proprietary OneMindNG platform to integrate key data from disparate systems into a single dashboard, or Hypervisor, and harnesses the power of Artificial Intelligence to revolutionize how businesses interact with data and make decisions. By integrating cutting-edge predictive and prescriptive analytics into OneMindNG, we will empower organizations to not only anticipate future outcomes but also receive actionable guidance tailored to their needs. OMTs AI-driven approach ensures smarter decision-making, operational efficiency and enhanced user experiences. MTI provides the software and services that enable rapid connection to its IOT platform, of all relevant devices and IoT sensors thereby enabling faster and more cost-effective implementation and deployment.
According to Fortune Business Insights, the Smart City and Connected Industries IoT market is projected to grow from $768 billion in 2024 to over $4.6 trillion by 2032, a CAGR of 25.2% during the forecast period. As a result of this acquisition we believe that Affluence is well placed to be a part of this market growth. Our combined and enhanced product offering, including engineering and integration services, will ensure a streamlined customer experience and allow us to pursue larger opportunities within our target markets.
“This is an exciting phase for Affluence. The acquisition brings significant growth potential through expanded market reach. Cost synergies and accelerated growth will ensure that the group is cashflow positive,” said Williiam Gonyer, CFO of Affluence Corporation.
“We are delighted to be part of the Affluence group. MTI, through thethings.IO and its IoT platform, will complement the portfolio solutions of Affluence to generate revenue synergies across the group, drive sustainable growth, and become a global leader in the IoT market. thethings.IO platform can be easily and seamlessly accessed by any business. Our ambition is to work with OMT to push the boundaries of IoT technologies and enable any organization to run smarter operations. In addition, our Digital Twin solution will enhance our offerings to Businesses.” said Francesc Domingo, CEO of MTI.
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