RichieBoy
15 minutes ago
I'd call it another transparency rabbit hole for now. AFFU hasn't declared AFFU 's revenue sharing policy for AFFU shareholders with MTi, not a word. That to me could be more of the delay than any Spanish "paperwork" . AFFU can't speak to whether they remunerate AFFU shareholders through dividends or buyback, or something else yet. Not until the companies AGREE to a Revenue Sharing policy. I question the discretion in your use of the word clearly. Clear as mud yet as every contract might be a different vehicle of remuneration. AFFU has never once made mention yet of any Revenue Sharing Policy for obvious reasons.
For certain this will give shareholders cause for reevaluation of the Acquisition. Rightly so, which is anything but clear yet. Yes there's mention of a Hospital AI contract on Linked In. If you're calling that adequate disclosure, CLEARLY we can agree to disagree. This acquisition is as murky as hell yet. Coming together yes appears to be and no shareholders can't feel comfortable or safely informed yet. Adequate disclosure, not a Snowball's chance in Hell.
. If anyone follows them on LinkedIn you can see that if the two MTi is clearly the more active of the two. They are also doing many thing that do not include OMT being involved.
What's more important for AFFU right now, scalability or ISO classification. Another rabbit hole for sure, but this an increasing issue holding the company back. Transparency is far from adequate, it's abhorrent! Management need to chat with there lawyers on transparency. If shareholders can't understand AFFU policy, how are future candidate companies supposed too?
RichieBoy
19 hours ago
I asked AI about NEOM and Ramadan...
Ramadan can have a significant impact on productivity in the Middle East, including NEOM (The Line) in Saudi Arabia. While it's a sacred time for Muslims, fasting and changed working hours can affect work pace and efficiency.
Typically, working hours are reduced during Ramadan, and businesses often close earlier, around 2 pm ¹. This reduction in working hours can lead to a decrease in productivity, estimated to be around 35-50% ¹.
However, it's essential to note that Ramadan is also a time for spiritual growth, reflection, and increased charity. Many people use this time to focus on personal development, family, and community.
For NEOM (The Line), a mega-project in Saudi Arabia, Ramadan might mean adjusted working hours and potentially reduced productivity. Nevertheless, the project's progress might not be significantly impacted, as the reduced working hours can be compensated by increased focus and efficiency during the working hours.
To maximize productivity during Ramadan, individuals and organizations can implement strategies such as:
- *Prioritizing tasks*: Focus on essential tasks and break them down into manageable chunks.
- *Adjusting schedules*: Adapt to the changed working hours and plan accordingly.
- *Minimizing distractions*: Limit non-essential activities and notifications during working hours.
- *Self-care*: Maintain a healthy lifestyle, including regular exercise, balanced meals, and sufficient rest.
By being mindful of the unique challenges and opportunities presented by Ramadan, NEOM (The Line) and other organizations can navigate this period effectively and maintain productivity.
https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.bing.com%2Fsearch%3Fq%3DIs%2BRamadan%2Ba%2Btime%2Bof%2Bproductivity%2Bfor%2BNEOM%2B%28The%2BLine%29%2Bor%2Bis%2Bit%2Ba%2Bslow%2Btime%2Bproduction%2Bwise%2C%2Bdue%2Bto%2Ball%2Bthe%2Bfestivities%3F%26safeSearch%3Dstrict%26form%3DMETAMG&h=AT0TXMgntZtg4JnLmDI3tIll3Ly6OEIPgO-KsCGAEm4CiwcMJXJTctohLZ0knQmL2BgDx2NQkjxtqiBEAu90hGXlnW9onVitfHstuiLBpQ62SAcRKRBBVqOxRsi00oho_OU2aS5o1DIZDw
RichieBoy
24 hours ago
It will be on there desk Monday morning without equivocation, without fail. The company is growing, it's time their PR department did too. If they can't promote better then the stock will suffer. Common knowledge AFFU transparency bites, that is the issue. They don't have to blow smoke, they're not being asked too. Indeed quite the opposite. Be accountable by being transparent is the clarion call from every long here for years. This new management deserves this feedback so they can adjust there promotions accordingly. If that sounds like venting, that would be incorrect. Responsibly accurate promotion gets more important every day. No offense OS but this is going in Monday morning bright and shine.
WITHOUT MALICE.
oldstocks
1 day ago
Richie?? I understand the frustrations but....
Richie: Management must be very transparent in how integration with MTi is going to be successful.
How integration of OneMind and MTi is going to be successful. Affluence already answered that question for you. Scale from cost synergies and accelerated growth. MTI brings a large installed base to complement the OneMindNG base enabling greater access to a growing network of world-class partners, resellers and distributors.
Affluence Corp said: we believe that our newly combined and enhanced product offering, including engineering and integration services, will ensure a streamlined customer experience and allow us to pursue larger deal opportunities within our target markets.
And be solidly cash flow positive!
Richie: Transparency on this acquisition
Affluence already answered that question for you too. The companies are working diligently towards closing, anticipated in the first quarter of 2025. The 1st quarter did not end yet! Affluence Corp also used the word anticipated, just incase lawyers and Spanish and USA regulators had any issues to work out.
Richie: The projected* $4 million revenue in 2025. Affluence Corp said: On a combined basis we believe these companies will deliver in excess of $4 million in revenue in 2025, have EBITDA margins exceeding 10% which will then scale from cost synergies and accelerated growth, and be solidly cash flow positive. With that statement Affluence Corp must have seen MTi’s financials and contracts and Affluence Corp also knows what OneMind Technologies has made in the past.
Richie: Transparency doesn’t end with AFFU’s fiscal fitness either. Quest to bigger mergers and acquisitions.
Lets get MTi acquisition completed before jumping on more.
Richie: Comprehensive disclosure the market must receive to embrace AFFU’s future AI aspirations. The only disclosure Affluence needs to disclose is on otcmarkets
https://www.otcmarkets.com/stock/AFFU/disclosure
If you are expecting Affluence Corp to pump the stock up with News Releases every week or every 2-3 weeks it is not going to happen unless Affluence Corp has a reason to put news out. Affluence Corp does not want to heavily promote the company. Affluence Corp does not want or need the Cavet Emptor Designation.
Clearly Affluence Corp is being responsible and is not abusing and promotions.
Social networks and online media sites have created new ways for public companies to interact and connect with potential investors. Digital marketing has made it easier for investor relations professionals to reach millions of investors, but technology can also be abused by anonymous market manipulators for fraudulent promotional campaigns that harm the integrity of public markets and defraud investors.
The Caveat Emptor Designation may be assigned when OTC Markets becomes aware of one or more of the following:
• Promotion — The security is the subject of stock promotion that may be misleading or manipulative. Promotional activities may include news releases, spam email, and newsletters, whether they are published by the issuer or a third party.
Retail investors may seek to profit from volatile markets by buying individual stock, including stock in heavily-promoted companies with smaller market capitalizations. Some of these stocks may be discussed in social media, news aggregators, investment research websites, online investment newsletters, ratings websites, message boards, chat rooms, and discussion forums. It can be tempting to jump on the bandwagon and follow whatever the crowd seems to be doing. Sometimes, however, following the crowd may lead to significant investment losses.
Richie: The public does not understand if James Honan is coming or going as AFF’s CEO.
OTCMarkets profile on Affluence Corp lists James E Honan, Jr. CEO
Until there is a news release or OTCMarkets update saying otherwise, The CEO is James E Honan Jr
https://www.otcmarkets.com/stock/AFFU/profile
Now that I replied about the above comment let me be clear I am with everyone else here and would love to have great news hitting the wires every other week but we also know we are not going to get it. When the news comes out that that the Acquisition has been completed that will be huge news. When the annual report comes out I think it will be mind blowing but before that happens it is expected that AFFU will file Notification of Late Filing of the Annual Report in the last week of March. This happens just about every filing because Affluence Corp gets financials from its subsidiary OneMind Technologies in Spain and there is always time delay. But Affluence Corp does get filings out in timely matter.
RichieBoy
1 day ago
AFFU must* excel publicly to investors here.
Management must be very transparent how integration with MTi is going to be successful. Longterm longs are squeamishly holding there breath since AFFU's previous failure with Contrivian etc. Longs know intimately and all to well if MTi acquisition fails, then AFFU with 99% certainty will be forced to restructure. Transparency on this acquisition isn't a flippant preference. It's of dire necessity to shake off shorty once and for all.
The projected* $4 million in 2025 revenue is a public disclosure the market now EXPECTS not just might appreciate. Therefore every effort must be made to provide demonstrative transparency to the market over the opaque norm that has damaged AFFU brutally up to now. EnIgmatic gibberish is no longer acceptable. This new found transparency will need to inform the market what the current position is on the the toxic financing that has savaged the stock price some 98.4 % lower. MTi has been very professional in attitude and in there determination to get this healthcare contract. AFFU imperatively needs to reflect MTi's highly valued transparency as a professionally responsible company to would be investors.
Transparency doesn't end with AFFU's fiscal fitness either. Management must also be very articulate to the public how operational improvements will now lead OMT and MTi strength on strength in the quest to bigger mergers and/or acquisitions of future companies under the AFFU umbrella.
Without these three main objectives presented crystal clearly to the market. Shaking off shorty, attaining new higher high levels of market capitalization will undoubtedly require herculean effort from management. Even then, that may not be successful without highly comprehensive disclosure the market must receive to embrace AFFU's future AI aspirations.
A disclosure subnote to the big three objectives above. The public does not understand if James Honan is coming or going as AFFU's CEO. It is also confused whether more board members can be expected as AFFU's growth requires more combined expertise. Neither does it understand if Francesc Domingo and/or Thierry Scocezzsi can expect promotions. AFFU must turn over a new leaf to exemplary transparency once MTi and OMT both become cooperative subsidiaries. DigiBriks company intentions, another subversive rabbit hole of nonexistent disclosure. Management can't let doubt fester in the minds of investors as it has done in the past. If management can't break out of the dark FUD with bright confident comprehensive transparency. AFFU will continue to be bled out by a credibility crisis AFFU itself created and to this day remains self inflicted.
Mr Balkin, Mr. Gonyer, Mr. Chanmugan, Mr. Honan. Your treatment of AFFU's current shareholders has been horrificly dismissive of much needed* information. Many other shareholders with much deeper pockets will be holding off until this shambolic lack of shareholder transparency becomes factual instead of "possible". Gentlemen much more AFFU information on all facets of company business (Acquisition #2 ?) is of dire importance if this company is to succeed the way you and investors want it too.
Best of luck with MTi, we investors are as impressed with MTi's professionalism as you are. Delighted if I'm being honest‼️✔️👊
Best Regards, RichieBoy on IHUB
This post will be emailed in it's entirety to AFFU management in good faith as soon as I get a chance this weekend.
EOM
DTGoody
3 days ago
I am having the same damn problem. At first, I dipped my toe in for 5 million shares at around .0004 and said that would be enough. Then when the .0003's hit I bought 5 million more for 10 million. I absolutely said no more. Next thing I know is I added 5 million more, but I didn't like how that looked in my portfolio. So, I added another 5 million to round up to 20 million and said no more. Yet the last two days added another 1,175,000 more shares. I need to stop adding just in case we are all wrong here. LOL It's hard to stop buying these ridiculous levels though. I believe the share structure is still intact enough for us to get a major run with the right news. This is why I am here and I 100% believe it's coming!
oldstocks
3 days ago
News Flash
Syke we need news!
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