Replies to post #21174 on Affluence Corp (AFFU)

[pourich]

From this post i read you have me thinking they have till May 2027 and Oscar wouldn't let the stock run after the long term preferred conversion of the convertible debt notes. He said two weeks into January 2026 R/S should be completed. Oscar is BRUTAL, SAVAGE, NO MERCY, OR COMPASION for shareholders not letting the long time holding longs recover their money. Let the stock run after the convertible notes conversion to long term preferred. Why the rush to benefit who?

[TJG]

The more I think about affu and mti I'm getting some bad vibes as to why mti management would even get into bed with affu

The answer is in my opinion they wanted the simplest way to get to the NASDAQ as they could find

Oscar is not really running the company, he is not actually making corporate decisions, he is a Public Relations Mouth Piece. MTi got "In Bed With The Company" because they wanted a way to get to the Nasdaq with out paying the heavy costs of an IPO. So they created this Reverse Merger with Affluence... the debt problem has no real effect on MTi. They are a subsidiary that runs their own business, they are simply waiting for Affluence to clean up their baggage and then will take it over. They calculated, as I posted last week, how long it would take to clean up the debt and once figured out, they put the closing date of the RM at April of 2027. They can and most likely will assume control of this prior to 2027, but for what ever reason 2027 worked for them as a closing date.

Its safe to say that all of us who saw the convertible notes when we first seen this company and did out DD had no idea how severe the conversion was going to be. The terms of the convertible debt, terms that have brought this to its current .0001/.0002 level just did not seem possible to bring a penny stock with all of its potential down to this level... so now here we are going no where for how ever long it takes. But MTi just wanted a way to get to where they wanted to go... and they chose AFFU as their ride there.