Atlantic Energy Solutions Inc (PK) (AESO) Cotización

Happy Thanksgiving $AESO folks!

AESO intends to develop and market AI-assisted technology, focused in the career and workplace sector. AESO is
acquiring this technology from Nixxy, Inc., AESO's current majority shareholder. It is anticipated that the acquired assets
will include the AI Exchange, a social media community platform for discussion on artificial intelligence, CandidatePitch,
an automated talent marketing platform, Mediabistro, a job board for the media industry, RecruitingClasses, a learning
platform for recruitment professionals, and PrimeGPU, a stealth mode project. Additional assets are anticipated to include
shares in Recruiter.com Ventures, Inc., a private business that owns the Recruiter.com brand and other recruitment-
related brands. Upon acquisition of the assets, Nixxy intends to distribute its shares of AESO to its shareholders.

I was thinking the Shell badge removal may have been because they listed the Operations in the most recent quarterly. 

Not necessarily revenues or assets, but "operations". There are a lot of pre-revenue companies that are not classified as shells.

Shell risk badge is back on. I think there was an OTC glitch. I saw a couple of other tickers that had it removed and now they are back for them as well

The Shell Risk badge was removed from OTCM. Things are moving. I assume they have to show real assets/Revs to prove they are no longer a shell.

Not that...I just streamlined my holdings in OTC...only holding 2 plays since January...

Yes. You don't see potential?

Nope. Sold out like  6 months ago at 0.08-.10 I believe 
You?

Hey kjv,Are you still in sevc*?

Job Mobs (Recruiter.com) bought another business to add to their stable. 

CognoGroup's equity stake just keeps getting better. Plus, they technology sharing should bring in decent revenue if utilized by all of Tinsley's subs. 

https://blog-recruiter-com.cdn.ampproject.org/c/s/blog.recruiter.com/bountyjobs-acquisition?hs_amp=true



Just my opinion. 

What would be the benefit to distribute all of the shares and destroy the Share structure of a clean shell? Only way to get the share structure back in line would be a RS, but doing a distribution like this and then screwing the new shareholders by a RS wouldn't make sense. Is it possible or likely they put a restriction on the sale of the shares so as to give Miles time to build the biz and share price which could then absorb any large sell off.

I'm just speculating , not enough experience with these type of spinoffs

I would have agreed with the possibility that it might have been Evan or Miles but when he posted...I went on his STOCKTWITS account in June and his posting record made me doubt it could have been them.

Those 1m preferred shares is the elephant in the room and the reason we are still down here. 

I think as soon as market figures out how much they intend to handle the conversion, the PPS will move accordingly.

I would have brazenly loaded even more if that snag wasn't there.

If you read this carefully;
The final distribution count will be determined at the discretion of management but shall comprise the entirety of the shares held by Recruiter.com Group, Inc.
It states that the decision is at “the discretion of the management.” Most preferred shareholders are generally dealing with timeframes of years before they can convert. My thought is the same timeline applies here. It is in everyone’s best interest to bring this pps much higher. JMO

Just to be clear on the conversation that took place, the poster went by EnchantedMagician30. He only posted like 16 post and hasn't posted since. I just looked back at my history to find this discussion. Final post was like 6/24 and then nothing. I do find it interesting that everything he was saying aligns with the previous post from the 10K/A.
It may be a reasonable thought that this may have been either Miles or Evan, given the EM as the first two initials of the alias.
I could also have brain rot from tracking this shell for the past 3-4 years.
I guess we will find out.

There is no guarantee they will convert all 1M preferred shares. There was a poster here earlier arguing this is what they planned to do. I can't honestly say they do not have this conversion in the plans because I am not an insider. Im just someone that reads the RCRT/NIXX & AESO filings as in-depth as possible.
But, in the NIXX 10 K/A posted 8/14/24 there was a piece in there that alerted me, the poster may have been correct. This conversation was months before this 10K was available to review.
Read below.

Subject to shareholder approval of the spin-out, all shares held by Recruiter.com Group, Inc. in CognoGroup, Inc. will be distributed to its shareholders. Recruiter.com Group, Inc. currently holds 1,000,000 preferred shares in CognoGroup, Inc., which are convertible on a 1,000-for-one basis, resulting in a total of one billion shares. The Company plans to convert up to one billion of these shares and distribute them entirely to its shareholders. The final distribution count will be determined at the discretion of management but shall comprise the entirety of the shares held by Recruiter.com Group, Inc.

https://www.otcmarkets.com/filing/html?id=17761080&guid=B2Y-kF7exZLBh3h

GLTU $AESO

Why would they dilute by so much when it seems, imo, they will do what they did with RCRT and go to QB then eventually to NASDAQ? 

Well, if what that previous guy here is correct and they convert all the preferred shares to common, it could be a lot of divi's per each share of NIXX. 

I don't think he is correct, but that's my opinion. 

If he is though, at the moment NIXX has 12M OS per their latest 10Q. 
If the shareholders holding 75% declined that still leaves about 3M shares to distribute AESO share against. If it is fully diluted by converting the 1M Preferred to 1B common, then each of the remaining 3M NIXX shares would get 333 shares per 1 NIXX share. 

Loose math, but 100 shares of NIXX would get 33,300 of AESO. 

I may be completely wrong, it's a guess based off what that dude was suggesting. Everything you said about NIXX business model is correct, looks like trash. IMO

I'm trying to make sense of the value of buying a $3 stock so i can own free shares of another company. Isn't the question more of which company has the better management and story. I'm sure I'm biased but nixxy 's strategic direction does not look to exciting. AESO looks like a company with a strategic direction that is aligned with the high tech world. I might be wrong but Congnogroup has the more compelling case and future with proven mgt that has taken a company from pink to NASDQ.

Sitting here wondering when the NIXX holders will start showing up over here? Maybe after 1/15/25

Thanks for post and info G-man. Looking forward to the MC reflecting the true value here. JMO

I think today is the last day to load any NIXX if you want to see what the payout is in January. GLTU

This is another reason I think PrimeGPU is moving inline with the Agentic AI market. Miles commented on his former Board Members post. GPUs are the future of AI, same reason they are used for Bitcoin mining, Speed!

https://www.linkedin.com/posts/deborahleff_money2020-ugcPost-7256411976384364545-Ba4U?utm_source=share&utm_medium=member_ios

This is what I read. I don't think it means much but it caught my eye.

In responding to this item, please clearly describe the assets, properties or facilities of the issuer. Describe the location of
office space, data centers, principal plants, and other property of the issuer and describe the condition of the properties.
Specify if the assets, properties, or facilities are owned or leased and the terms of their leases. If the issuer does not have
complete ownership or control of the property, describe the limitations on the ownership.

The Company shares office space with its parent corporation, Nixxy, Inc

Also, it should be noted that this quarterly doesn't leave the business section empty with "No Operations". Now it has a clearly defined business section on page 8.

A. Summarize the issuer’s business operations (If the issuer does not have current operations, state “no operations”)
AESO intends to develop and market AI-assisted technology, focused in the career and workplace sector. AESO is acquiring this technology from Nixxy, Inc., AESO's current majority shareholder. It is anticipated that the acquired assets will include the AI Exchange, a social media community platform for discussion on artificial intelligence, CandidatePitch, an automated talent marketing platform, Mediabistro, a job board for the media industry, RecruitingClasses, a learning platform for recruitment professionals, and PrimeGPU, a stealth mode project. Additional assets are anticipated to include shares in Recruiter.com Ventures, Inc., a private business that owns the Recruiter.com brand and other recruitment- related brands. Upon acquisition of the assets, Nixxy intends to distribute its shares of AESO to its shareholders.

https://www.otcmarkets.com/otcapi/company/financial-report/416324/content

Not as of 9/30/24. Based on NIXX 8Ks the closing date for shareholders that would be eligible for AESO divi's is tomorrow 11/15/2024. I speculate this coincides with the execution of the Spinout completion. However, what do I know! lol

This is completely based on this 8K statement.
On November 1, 2024, the Company announced that the record date for the previously announced spinoff of CognoGroup is set for November 15, 2024, with only shareholders of record eligible for the distribution of shares. The payable date for this transaction is expected in January 2025https://www.otcmarkets.com/filing/html?id=17939865&guid=tPY-kHcmvrwfJth

The qrtly was filed yesterday. Nothing in there that I could see was eye popping but there was a statement that NIXXY is the parent. I thought possibly cognoproup would be its own stand alone entity.

The qrtly was filed yesterday. Nothing in there that I could see was eye popping but there was a statement that NIXXY is the parent. I thought possibly cognoproup would be its own stand alone entity.

From what I could goggle, if this is the same Co.

Vitesse was bought out by Microsemi for 5.28/share in 2015 later Microsemi was purchase by Microchip Technology for 10 billion dollars in 2018.

JMHO

There is a connection, no question. IMO

Definitely come symmetry there. Should be time for news from AESO

Bummer! Check out this design vs the CognoGroup logo. 

https://cognogroup.com/about


https://www.multimodal.dev/post/ai-investment-returns

Nothing shows for me.

Can anyone see the two pics I posted? I cannot

I'm just going to throw out that PrimeGPU has something to do with "Agentic AI". It's a hunch, but NVidia makes most high quality GPU's and they are big on an Agentic AI market. 

I don't know why a Vitesse semiconductor is being used for the website placeholder, but I'm very curious. 

Lastly, I find it neat these two designs are so similar. I found the link to the multimodal.dev page through an AURA blog about Agentic AI

Any thoughts are welcome! 

Someone wants to load cheap. Nice bids lately. 

https://www.otcmarkets.com/filing/html?id=17853001&guid=g-Y-kHnONOUnChh

I don't know why the paste ended up that way, the close was 9/24 and JM had 45 days to deliver the equity

I think the Spin out is close to being complete. CognoGrpup should have received their Equity in JobMobz yesterday according to the closing docs. 

  6.Equity Compensation: The terms for the delayed physical delivery of the "Stock Payment" have been amended to allow a forty-five day extension from the Closing Date, under Section 2.05 of the Purchase Agreement.

https://www.otcmarkets.com/filing/html?id=17853001&guid=g-Y-kHnONOUnChh

Totally

If NIXX did a reverse split of its common, the warrants would r/s as well. This is very similar to the way options are adjusted for splits or reverse splits.

I don't know if anyone really knows that answer. I do remember there was warrants in AESO to be issued. Not sure whether the NIXX warrants were subject to the R/S, I thought I read in a filing they were cancelled in conjunction with a debt settlement. 
The distribution shares theoretically should be less since they stated in several PRs that shareholders owning 75% of NIXX equities declined spinout shares. 

So now there won't even be near the amount of dilution that one account on here was saying earlier this year, right?

Yeah the reverse split killed the warrants

I would be a lot more confident if I could see the Delaware SOS filings for Recruiter.com Recruiting Solutions. I hate that DE is so non-transparent with company filings. JMHO

I guess we will see. It's not like there haven't been delays with this spinout. GLTU

I agree with you, the 15th is the big day.

When NIXX broke $8 that one day, NIXXW didn't do anything.

Do your own DD.

GLTU

I did

I sold them premarket when it broke $8 that one day.

Day traded it a bit after that, but haven't checked it lately.

Is anyone else still wondering if this ends up on the OTCQB when the R/M is complete? Or With maybe the name and ticker change that might happen 11/15. 

I'm choosing to believe the spinout, name and ticker change happens 11/15 with the record date of NIXX holders. 

Personally, given the history of GOLQ, CAUD, LGIQ and any other Brent Suen companies, I don't find them to be entities I trust my money in. NIXX is included in this list. I have only considered buying a small amount of NIXX to see how much the share divi may be. Maybe Granger Whitelaw can do something different with NIXX I never expected, but I'm not that interested in finding out. 

However, the former RCRT assets being spun into AESO have a proven history of revenue generation. With the addition of any new AI products coming in and the equity position / service agreements with JobMobz, this seems to me like one of the softest landing reverse mergers in recent history IMO. 

I'm guessing just to start the revs range between $3-7M. Maybe more, but this seems a safe estimate. 

My main curiosity is whether they still have any agreements with Millionways. It's not on the new website but was in the original YouTube presentation and a spinout asset /collaboration. 

GLTU $AESO