Replies to post #16632 on Affluence Corp (AFFU)

[Hi_Lo]

Another solid press release.

I like this line -

restoring financial health and unlocking substantial value for our shareholders.

...especially the word "restoring."

It's great there is "renewed focus" on the US market" with "Multiple domestic projects are already underway."

[EnchantedTitan62]

Just came in from doing yardwork. What a pleasant surprise, thanks for posting ! The pyramids weren't built in a few months. Have a great day.

[BigBadWolf]

https://www.otcmarkets.com/stock/AFFU/news/Affluence-Corporation-Issues-Shareholder-Letter-Highlighting-Strategic-Growth-US-Expansion-and-Financial-Reset?id=486653

Affluence Corporation Issues Shareholder Letter Highlighting Strategic Growth, U.S. Expansion and Financial Reset
BOULDER, CO / ACCESS Newswire / July 22, 2025 / Affluence Corporation (OTCID:AFFU) a diversified global technology company focused on Smart City, Industrial IoT, and security software solutions, today issued a letter to its shareholders from the newly appointed President, Oscar Brito.

Dear Shareholders,

As your new President and Chief Financial Officer, I am honored to step into a role that comes at a pivotal time for Affluence Corporation. Our vision is bold but grounded: to transform AFFU into a roll-up platform for next-generation infrastructure technology-centered around Smart Cities, AI, IoT, and 5G-while restoring financial health and unlocking substantial value for our shareholders.

In the first half of 2025, our operating subsidiaries, secured over €6.4 million in signed contracts across Europe, Asia, and Central Africa, with €2.95 million already billed. This commercial traction proves that our technology is not only viable-it is in demand globally.

We are now bringing this global momentum home.

Starting this quarter, we are launching a renewed focus on the U.S. market. Multiple domestic projects are already underway, and we expect our U.S. pipeline to grow significantly in the second half of the year. This shift reflects a strategic rebalancing: combining our global execution with the high-growth potential of domestic infrastructure investment.

As part of this repositioning, we are initiating a series of financial and structural plans to strengthen our balance sheet, including:

A cleanup and restructuring of legacy debt instruments, including dilutive convertible notes
Strategic acquisitions of cash-flow positive technology businesses
Alignment with long-term institutional investors, replacing short-term noteholders with committed growth capital
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.
Our ambition is to create a scalable holding company with real revenues, global contracts, and a unified product platform built for the future of cities, industries, and security.

With my background in raising significant and material capital across telecommunications, infrastructure, and private equity, I will apply the same rigor and network to AFFU-ensuring we build on real substance.

Our near-term goals include:

Expanding U.S. operations and onboarding new municipal and enterprise clients
Launching acquisitions that extend our presence into adjacent high-margin verticals
Re-engaging the investment community with clarity, transparency, and results
To our loyal shareholders: we recognize that AFFU's story has not always been consistently delivered. That changes now. Expect regular updates. Expect real metrics. Expect that our plans will be implemented.

Thank you for your continued support as we enter this exciting new chapter.

Sincerely,

Oscar Brito
President

[Risk]

Thank TJ. One of the best in recent times. Atleast looks like they are serious. Hopefully the restructuring and other things they planning will not kill the shareholders equity ???
Awesome news!!!
Thanks for sharing !!