Replies to post #15447 on Affluence Corp (AFFU)

[1jas]

TJG for some reason I don't think you know what I mean and it is not financial although financials always tell the story. when I can word it better I will get back to you. Thanks.

[bigbux1]

...so if they can lead with a 100% or 200% increase in revenue...which I am certain they will...then the gates for buying based on future earnings will drive this back to double digit sub penny and up to a penny. very quickly. Definitely worth the wait as that will make a lot of US very wealthy! 😀

[RichieBoy]

I'm not here to bust your chops, you file rebels are doing a great job. I appreciate the painstaking work my life simply doesn't permit. I'm here to point you to the light 👉 💡. The AI~DD light. It's awesome for clarification. I'm a stickler for Transparency through experience hopefully I can explain one day.

With Alternative reporting company's like us...they just have to put out the numbers and not the source of where those numbers came from

The statement, "With Alternative reporting company's like us...they just have to put out the numbers and not the source of where those numbers came from," is misleading and not entirely accurate.

Fact Check:

Alternative Reporting Companies (such as those on the OTC Pink Market) are not required to have their financials audited, but they must still provide detailed disclosures, including financial statements prepared according to U.S. GAAP or IFRS.

Disclosure guidelines require companies to include supporting information such as business descriptions, lists of officers and directors, share structure, and, in many cases, explanations or footnotes for financial numbers.

While the level of scrutiny is lower than for SEC-reporting companies, and there is no mandatory audit, companies cannot simply "put out the numbers" without context or supporting data. They are required to provide enough information for investors to make informed decisions, and misleading or false disclosures can still result in regulatory action.

Misleading Insinuation:

The insinuation that Alternative Reporting Companies have no obligation to show the source of their numbers is incorrect. They must provide sufficient disclosure to meet OTC Markets’ standards for "Current Information," which includes some explanation and context for financial data.

In summary, while Alternative Reporting Companies have lighter requirements than fully SEC-reporting firms, they are still obligated to provide supporting disclosures and cannot simply publish numbers without any substantiation.

I strongly recommend any long to use AI when in doubt about anything. Yes it is currently primeval at times in it's understanding of the facts (mine repeatedly misinterprets it's own name) But when you need an unbiased opinion AI is stellar at piecing together what's happening, even what's about to happen. In short AI will save you buckets of Pepto Bismol allowing you to get to the meat of the matter you wish to understand. In the entry box it says... Ask me anything"

Trust me it answers anything even if it doesn't know your answer, it tells you! It's an invaluable tool to interpret what the company presents. It's uncanny ability to see and understand through the hype would even impress your mentor! 🤨👍👊

[1jas]

TJG it would have been easier for me to have you read post # 15425