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Replies to post #21903 on Affluence Corporation (AFFU)
11/21/25 3:32 PM
4) Issuer’s Business, Products and Services
The purpose of this section is to provide a clear description of the issuer’s current operations.
(Please ensure that these descriptions are updated on the Company’s Profile on www.otcmarkets.com).
A. Summarize the issuer’s business operations (If the issuer does not have current operations, state “no operations”)
Affluence Corporation is a technology company focused on Smart City Software, 5G and IoT solutions that will power the next
generation internet.
B. List any subsidiaries, parent company, or affiliated companies.
Mingothings SLU (MTi) – is a wholly owned subsidiary of the Company and develops and helps implement and
enhance Smart City Software solutions which are deployed throughout the world.
Control Person: Francesc
Domingo - CEO
Address: Hipolit Lazaro, 25
Local 2
Barcelona, Spain 08014
Phone:34 934 860 961
OneMind Technologies, S.L. – is a wholly owned subsidiary of the Company and develops Smart City Software
solutions which are deployed throughout the world.
Control Person: Ignasi
Vilajosana; Interim CEO
Address: Variat 47
Tenth Floor:
Barcelona, Spain 08014
Phone:
34-93-418-05-85
C. Describe the issuers’ principal products or services.
The Company develops, implements and enhances smart city software solutions under the brand names of Mingothings and OneMind Technologies. The OneMInd smart city software products include OneMind Hypervisor and OneMind NG. The products and services are available in enterprise software and SaaS versions. The companies also provides professional services which include cons
.NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN
Basis of Presentation and Principles of Consolidation
The Company prepares its consolidated financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”). The accompanying consolidated financial statements include the accounts of Affluence Corp. and its wholly-owned subsidiaries, OneMind Technologies S.L.U. and MTi SLU along with its subsidiaries (“OMT” and MTi are companies registered in Spain with offices and other facilities located in Barcelona). All significant intercompany accounts and transactions have been eliminated in consolidation.
11/21/25 3:33 PM
NOTE 15 - SUBSEQUENT EVENTS
Resignation of Chief Executive Officer
James E. Honan, Jr. has resigned effective August 25, 2025. His duties have been taken over by President Oscar Brito.
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