Affluence Corp (PK) (AFFU) News

Jusde i have been a member since the 1st year they started. Back then most of us were using a different message board or two…
Ragging Bull shut down
SiliconInvestor faded
Yahoo finance message boards stopped
Twitter X you can’t post much in a post
Stocktwits is a newer one but still limited

Investorshub started sometime in 2000
I was not one of the 1st, but i had many people back then tell me to get on ihub.
I joined in January 2021

I was one of the first 3500 members
How many of us 3500 are still posting is a good question

This was posted about 4 years ago
The Activity
InvestorsHub has been online for over 21 years and currently has 771,881 Members

Golf, i know how you feel but please private message me when you got a great idea how to supplement our losses while holding AFFU

I need to make up just as much as you i think and feel

You're absolutely correct, nobody knows what's going on behind the scenes unfortunately. The company doesn't give a crap and keeps investors in the dark and that's why I refuse to put another cent into buying shares regardless how cheap the share price is. Just simply a lack of disclosure by the company to what's going on. 

Uncle old ...r u member of investorshub heritage that invented this site????

Wish this was a Quantum stockor maybe it is and they are working secretly behind the scenes
I have no idea….

Thanks TJG. I never thought the subject needed any discussion......it was so obvious. Yet some feel they should denigrate the company for not saying it over and over.

Our Story
Affluence Corporation (OTC PINK:AFFU) was incorporated in 2008 and initially operated as a social networking platform.

In 2019 the company refocused the business to a holding company model primarily focused on the acquisition and roll-up of synergistic companies providing Internet of Things infrastructure and technologies, 5G solutions, edge computing and innovative cloud business and operation system solutions.

Affluence’s investment plan is focused on mid-market businesses to create a cohesive unit which brings together technology for the next generation of communication.

Major technology changes are disrupting the traditional networking sector. Current centralised infrastructure is inadequate to provide the resilience and bandwidth needed for the next generation of internet, which needs to be designed for machines. Affluence is working to provide the infrastructure and solutions to power industrial automation or smart cities, healthcare, AI, robotics and more. Transformation in cloud/edge computing will impact robotics, AI, healthcare, manufacturing, data centres, mobile devices, smart cities, and ‘autonomous things’, creating a wave of innovation that will dramatically improve our lives. These new technologies will bring dramatic performance improvements such as faster speeds, improved data capacity and lower latency. Affluence aims to be at the centre of this transformation.

Yes Golf. I Agree, Just want to get out man break even if it's a possiblility???
Happy to hear you made it back on Quantum stocks.

That's the type of vibe I look for here on this board. We need more poster like u here!!

500+ partners Golf, clearly Digibriks will create far more news moving forward. It's not all doom and gloom, it's just January. Seasonally harrumph, but there's going to be time needed to optimize the synergies of the two companies. That might take 2-3 months to be fully operational.

Think back to when Honan was so pessimistic about the Durham Black episode from the very start. He nearly bit TJ's head off. There's a canyon of difference between that merger and this one. Honan's public* remark to Domingo of "Let's Go!" was most intriguing indeed.

Now yes that sounds like a ship load of Crud to newbies. But if you've done your DD, clearly there's good news pending. Whether it outweighs any bad remains to be seen. Hang in there we're getting very close. 🤔

Thank you for the positive vibes. This stock has been snake bitten, hopefully it reverses course. 

Snake can bite bear market ! Snake represent water and money

The year of the snake is very fitting for AFFU company management and directors 

2025 is year of snake .....affu year too! Cheer

I hope so I feel just like Golf

Don't feel down golf. Every stock will have its day. Not sure if u seen rdar..hmbl....igpk...and many other runners over the year?...lots of traders making profit out of after pps down 90% or more . Affu will have it big pay day...

Richie, I understand I can come across as despondent, however,  every time I open AFFU in my portfolio I'm reminded of the 10's of thousands in the red with a lovely -92.34%. You are correct I don't know what AFFU's outcome will be but my investment outcome in this doesn't look very rosy after 3 years. I'm not here to bring the message board group high morale down nor am I here trying to discourage new investors. I'm probably AFFU's highest retail investor in the red and I have a right express my sentiment. I'm also not a guru in reading and interpreting the details in the quarterly and annual reports and I've been put into my place several times but there's always a respect for each other and our opinions. 
Have a great weekend ! 

Summating one* reason why more AFFU transparency for shareholders is the imperative.

Can a change of control mean a change of the company's business plan?

AI Overview

Yes, a change of control can mean a change to a company's business plan:

Definition
A change of control is a significant shift in a company's ownership or management structure. This can include a merger, acquisition, or takeover, where a new entity gains control of the company.

Impact
A change of control can impact a company's policies, strategies, management, financial stability, and operational management.

Protection
Change of control clauses are often included in corporate contracts and agreements to protect parties involved from unforeseen shifts in business conditions.

Triggering events
A change of control can be triggered in a number of ways, including mergers and acquisitions, new owners changing the risk profile of the company, or new owners having a different corporate vision.

Breach
If a party to an agreement breaches a change of control clause, the other parties may be entitled to terminate the agreement.

Golf you're getting despondent without knowing AFFU's outcome.

Y4Udodat?

It sure is a holding company as all the investors are "bag holding". 

If you go to the Affluence Corp web page under the "Our Story" section on the cover page it states that in 2019 they moved from a Social Media to a Holding Company. 

For some reason I can't cut and paste it with my phone so if anyone want to varify it they need to go to the site and read it 

https://affucorp.com/

This kind of BS and running of the mouth, er a the keyboard, is why I put this kid on ignore early last year. Pontifications of no value gets real old. A teenager would probably recognize AFFU as being a holding company at that point at least a few years ago. They are not an operating company but they own one operating wholly owned subsidiary, with others being sought to merge into it, or to result in other wholly owned subsidiaries. Looks like a holding company, smells like a holding company, acts like a holding company.....I never saw a need for them to declare they are, or to hold a discussion about it.

"Clearly known" See the About AFFU disclosure.

For most of 2024 this is what was disclosed.

About Affluence Corporation Affluence Corporation (AFFU.PK) is a diversified technology company focused on smart city and industry software and innovative solutions that capitalize on IoT, AI, 5G and edge technologies. We are investing in mid-market businesses to create a cohesive unit which brings together technology for the next generation of internet. For more information go to https://affucorp.com.

During 2024 for one, the reverse merger with Durham Black PR omitted this About AFFU standard blurb. Subsequently a change of control plus a resignation from it's Board of Directors by Honan & Hasse left everyone FULL of FUD to the point where many longtime longs jumped ship in fear of losing everything.

My good man with all due respect anyone can write anything they want the public to believe on a website. Here is where we hold differing opinions about AFFU. During all the 2024 Corrections, Addendums, Merger Failure, Unwinding of Merger, CHANGE OF CONTROL, Board Resignations etc. Affluence Corporation has never straight forward said IN THOSE PR's that Affluence was a "Holding Company" .

This is what I mean by the lack of TRANSPARENCY. Everything* is channelled back to an AFFUCORP's narrative on their tackily dated website. These facts only prove AFFUCORP for at least 1 year (very likely since 2020) was intentionally misleading the public with there own dubious intent. Nothing was clearly known for 2024 in it's entirety OS. Yes it may have been assumed by longtime longs ,but no way was it CLEARY KNOWN to the public. Even in the Acquisition of One Mind Technologies PR. AFFU didn't come out of the closet directly saying they were a Holding Company PER SE. Instead they coyely announced OneMind Tech as a Wholely Owned Subsidiary. That doesn't say to the public they're a Holding Company. Many longtime investors could be misled by the Wholely Owned Subsidiary tagline. This only implies someone* must have buckets of gold somewhere*. OS that is NOT transparency, it's barely a spurious inference!

Clearly known can mean something as straight forward in there about AFFU blurb as. Affluence Corporation a Holding Company etc. etc. Furthermore in that 2024 year the AI industry has become much larger than a $500 billion industry, far larger indeed. OS, AFFU needs to step up there game being more TRANSPARENT plus being more CURRENT with the PUBLIC . Even OMT and MTi deserve at least that much information made clear. GeeWhollyGollickersFatCats 🤷

Right on the money OS. From what you and I have witnessed at the start of this year the OTC is ready to rock. AFFU CAN be a part of this excitement if they get this dumped and as you say turn the faucet off. I said Fuck the Wash sale rule today and bought back in. And will continue to add at the start of next week. 

I have always said if I am paying taxes on money made... I still have more then what I had or I wouldn't be paying taxes.
Last two weeks of 24 and this week has me thinking this is the OTC of 2014 all over again. Good Luck Everyone 

No, I did not get into any of those stocks. 
Not necessarily here on Ihub but on another stock message board platform it's much easier for people to spam as they call it and you see numerous tickers on all messages boards and I saw the ones you mentioned over the past few days. I hope you and everyone can recover losses we have all endured here. I feel blessed to have invested in quantum two months ago. My main play I bought at $0.96 and was $20 earlier today. I sold most since I believe it's short squeezing with a 15% short interest plus these companies will probably do offerings. They are all mostly pre-revenue cash burning cows so still very risky. I put most of my quantum gains into oil/energy. I'm in a couple other Canadian penny quantum that have been good to me too. These are all risky therefore I could never recommend any. I'm grateful I recovered all loses here. I tried and said I wouldn't be here much but it's hard to detach myself here in AFFU. This was supposed to be that hidden gem. Sometimes it's not the best to be too early into a stock I guess. 

Rich, Affluence Corp is a holding company for OneMind Technologies SL
That is clearly known.
So no you are not creating a scene.

I just wish they stop diluting us current shareholders.

lol Golf did you get in and out on them?,then you saw profits could have made money on all of them and with the tiny part of the profits a little bit could be saved to buy a lot of AFFU later.
Golf your a great detective. TJ & I both had the opportunity to buyNITO@.34yesterdayThat hit $3.49 today, we chatted about a few stocks before the runup.
We are both kicking ourselves for not jumping in.
TJ and I both seenFCUV@.40thismorning that hit $1.49 tonight in afterhours. Again we chatted this morning about a few stocks before the runup today. So yes i have been talking to TJ about how I can make up for my deflated balances in my stock accounts that i hold AFFU in. My goal is to make money on this crazy NASDAQ runups to buy more AFFU later to add to my AFFU collection.

Would you agree OS, that AFFU is setting themselves up as a Holding Company business model. I ask in the interest that AFFU clarify that pursuit if indeed correct. (That prospect has never been verified. Despite being previously involved in just such a business plan with the immediately previous merger attempt.) To me this is called being intentionally evasive with shareholders for no logical explanation.

Am I trying to create a scene. Yes I most certainly am... One of a transparent company instead of the company creating there very own customized FUD. Which they definitely appear to be doing.

lol. That is quite the secretive experiment. I saw a couple of those tickers. 

TJ ok while its a race for you,: ok off topic: but we have seen 1st hand proof today that it doesn't matter that a company is going to be dumping shares into the market later, as long as it is not dumping today. (for everyone else, i am not talking about affu)
It doesn't matter if a stock doesn't look interesting. (for everyone else, again i am not talking about affu)
What matters is that a stock will move and run up when you think it will not. (This is for all stocks)

This quote below is for TJ, only he will knows what it means
We will call it the MFIFCUVSCPX experiment.
I think we got this figured out and ready to try something new.
This will add to the funds to buy more AFFU later if we so choose.
If this experiment works TJ and I will be happy campers.

To bring this on topic, when Affluence Corp shuts the faucet off and stops dumping shares, this could run up fast.

On a special note: I searched digibriks.com and got this link:
https://www.mingothings.com/home-v2
For a search engine to pick that up must mean digibriks is in the code somewhere.
With that said I have time to wait AFFU out to run.
Holding my AFFU shares

Agreed. Thats why I am adding a little with each down tick.Its not that easy to get the 4's at the moment. I had this order in since last friday and it just got filled today. I put in another order today at .0004 but it hasnt filled. The selling does seem to be slowing.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175617253

Its almost to cheap not to buy...its a race for me.. I sold in December and am holding off getting back in until my wash sale rule expires... maybe 4;s will still be here or maybe not... but as slow as they are at clearing out all of these notes I should be ok.

I got some of those. Got em tucked away. LOL

And someone got a lot at 0004

Minh mua vao nhieu .0005

Because Kong can?

This is why they need to fire James he’s just milking the stock. It’s frustrating because the company has so much potential, especially with OneMind Technologies.

Thank you, appreciate it. It's all good. I did recover luckily from a couple quantum plays. 

Oh sorry to hear that golf. Wish u recover lost on other plays

That is wonderful if it reached bottom. 
I'm hopeful lol. I'm only down 92.34% since my first buy here 3 years ago at $0.095, but it's better than bring down 100%. The newbies here will have to excuse the lack of enthusiasm from the numerous regulars on the board that have been here for years. 
If you're new here, welcome and Good Luck. 

Like rainer said ....I said too.....chart looks bottom .0004-.0005

Seems bottomless unfortunately 

watching for bottom here. GLTA

It is a real company but it's run by a moronic two board of directors who have zero concerns for the shareholders who have supported the company since 2020 when Affluence bought OneMind Technologies. 

OneMind could have been bought by anyone of a hundred different companies and been a $20 stock by now. Instead it's just 5 clicks away from NO BID  A Edge Partner of Dell Technology and it sells for 0005. Idiots plain and simple 

Real business company!

https://www.google.com/search?q=OneMind+Technologies%0D%0ASoftware+company+in+Barcelona%2C+Spain+%E2%80%A7+Open%0D%0A&sca_esv=b9d59735341c7a85&sxsrf=ADLYWILvOjEG3QWStxR07PRR-AtcSu-Z7g%3A1735906309079&source=hp&ei=BdR3Z4HAAqyw0PEPk5Hu-Q4&oq=OneMind+Technologies%0D%0ASoftware+company+in+Barcelona%2C+Spain+%E2%80%A7+Open%0D%0A&gs_lp=EhFtb2JpbGUtZ3dzLXdpei1ocCJDT25lTWluZCBUZWNobm9sb2dpZXMKU29mdHdhcmUgY29tcGFueSBpbiBCYXJjZWxvbmEsIFNwYWluIOKApyBPcGVuCkixIFCAFFiAFHABeACQAQCYAXugAXuqAQMwLjG4AQPIAQD4AQL4AQGYAgGgAkWoAg_CAgcQIxgnGOoCwgIQEC4YxwEYJxjqAhiOBRivAZgDRfEFOtRuKKtYScSSBwExoAct&sclient=mobile-gws-wiz-hp#ebo=0

No idea what comes next, ideally contract news
would be about the best news right about now. MTi's 500+ partners should generate some revenue pretty darn soon IMHO. Now Jim if reading this (you should be sir) we really REALLY deserve significant and consistent transparency increases please. Congratulations acquiring MTi, very promising indeed 👍✔️😎

I think this big sellers wack .0005 is from ask .0007 seller......tomorrroq .0007 ask should be thin

I guess we shouldn't be surprised at this point. Just crazy they aren't done with this note yet

30 million just got punched at the bid...geesh...OTCN needs to go!
5's get loaded every time they are available.

.0007 ask sellers try block run..will get slaugher soon....maybe later today or tomorrow...we shall see....chart looks solid bottom

5's get loaded every time they are available. 

Reason u don't see spike now ....big buyers watching and waiting! One or two bid wackers sellers slow it down latlely...it's ok....I m happy get their cheap price on bid.