Affluence Corp (PK) (AFFU) Cotización

True, been here a while. Avg now .0068. Perhaps I'll break even. Who knows, who cares. 
What did you lose 40-60% in 2 weeks? 

the only $AFFUnderstandable is that No one knows wtf is happening. We have hope, hype, possibilities & probabilities.
Time will tell, my $ my DD & Alpha be
Rollin' da Dice
because of the $possibilities $probabilities does help only having been here for weeks instead of years & w/ millions near the 52 week low

GLTActual shareholders especially the one's who have definitely more than paid their dues

HUGE is an understatement. If the merger is completed, and I think it is imminent, money invested here could be life changing. Accumulating now is the smart move. GOT MINE🫠 IF there is one thing I have learned over the years, it is... You can lead a horse to water, but........

Golf, I am not into many. This is the only one that I went overboard looking at the potential this has and AI and smart city, Dell connections etc.. also this was not a sub penny when I got involved, never though this will go this low. Intent was not to invest in a penny stock because I never considered this as one.....but now I am  learning slowly they all  have some type of  deceptions .. may be the nature of companies in OTC.
Yes neve looked at the financials, May be time to look deeply and invest accordingly. I never been a trader, always looks for long term ones..

TJ, sorry that was just a typo abt Covid...you didn't say that ..

Although never stated, because of the NDA... Digibriks is the property of MTi... it was stated when the Merger was announced that the 3 LOI mentioned in the April 9 PR would be placed in a stand alone company called Didibriks and that OneMindNG would be in there as well. ... We can then draw from that and move forward to now and see that with the LOI for Digibriks OneMind will still be going in, but we dont know if there will be anyone else..but we have a pretty good hint that there will be... this hint comes from the first PR that Affluence released when announcing the Merger had been unwound. In that PR James Honan said.

https://www.otcmarkets.com/stock/AFFU/news/Affluence-Corporation-and-Durham-Black-to-Unwind-Merger?id=452856

Affluence has a strong pipeline of potential acquisitions and to that end we are currently in discussions with several companies

From the April 9 PR and this leads me to believe that these three companys are still in play even though the merger colappsed. So I retract my previous post and yield to what PB said... these are possibly the company's (who ever they are) that, along with OneMind, will make up Digibriks

https://www.otcmarkets.com/stock/AFFU/news/Affluence-Corporation-Announces-Intent-to-Acquire-Multiple-IoT-Technology-and-Integration-Services-Companies?id=436202

, today announced that it has reached an agreement to acquire three IoT technology companies and, along with OneMind Technologies, will form a new company named Digibriks. The proposed acquisition includes companies with complementary software products, engineering, integration, and implementation services capabilities.

PB DigiBriks SL merger

In April DigiBriks was in the beginning stages of putting a group of companies into DigiBriks SL

Now DigiBriks SL is closer to realty and closer to getting the merger completed.

Just which companies will be going into the DigiBriks is unknown, but it could be two companies going in on DigiBriks as a partner company or it could even be a few companies going in to form the company.
Either way i feel very strongly that DigiBriks will be a completed merged company.
The details we just have to wait for. I have ideas of what company or companies as I have had and was correct back in April when I said Mingothings was part of it. Now Mingothings is a partner.
The only thing I will say is Mingothings is successful and it could be anyone or any company they are associated with their success. Again just my thought.

That is my thought

Well if that is the case, even though Digibriks doesn't have a ticker...Digibriks seems to be nothing more than an empty shell...in fact I assumed that the name Digibriks was given because of the combined technology of the three anonymous companies that were supposed to form it from the April 9th PR
Hold on, those 3 LOI are no longer in Play... the Digibriks LOI is a stand alone...the 3 from the April 9 PR were brought in by Patrick Shutt when he made his merger play with Affluence. When his merger was dissolved those LOI were as well... Because the three of them were under the NDA that the entire merger was we never found out who they were.

The current LOI for Digibriks does not have any announcements as to who will go into it... thats an unknown at the moment.

Hold on, those 3 LOI are no longer in Play... the Digibriks LOI is a stand alone...the 3 from the April 9 PR were brought in by Patrick Shutt when he made his merger play with Affluence. When his merger was dissolved those LOI were as well... Because the three of them were under the NDA that the entire merger was we never found out who they were.

The current LOI for Digibriks does not have any announcements as to who will go into it... thats an unknown at the moment.

That's a big part of why I'm here. If Balkin isn't involved and James doesn't resign, then there's no reason for me to invest my money here. I am betting on the merger and that is going to be huge.

"Who is working on the DigiBriks SL merger?" The information you're sharing is already covered in previous news. They have been in agreement to acquire three IoT technology companies since April 9, 2024, so this isn't new.
https://affucorp.com/2024/04/affluence-corporation-announces-intent-to-acquire-multiple-iot-technology-and-integration-services-companies/

What I'm confused about is why the LOI record is coming up now?

On October 14 the Company issued an LOI to acquire DigiBriks, a software
and services company located in Barcelona, Spain.

Agree so undervalued !

New Management is experienced and probably not looking for chump change !

imo 

I like your feeling.. the positives that this company / stock have shown in the past week indicate that its far and a way undervalued at .0014 and should begin to move back up very soon

Lets have a green day feels like we'll be at 002+ today

The way I see it is if the directors and Balkin have invested as much as they have something has to be up.

Good morning! That is great make sure you keep the ignore button on. No point engages with idiot monkey see monkey do.

$AFFU the next time i see a cow 🐄 poking a stick at an alligator or crocodile 🐊 i will think of that video

I have seen plenty of Alligators 🐊 in the wild so i know not to poke at stick at it.

Stay 🐂ish AFFU

$AFFU Learned long ago
as agendas, damaged egos & lack of character(s) are on full display for all to see. Decide for yourselves as to what, whom, why
Words of Wisdom your $ base it’s use on your DD

The Accounts Receivable show $670,000 owed the company for service performed.

That is what I said! One down and let that sink into the rest of them here.

My thought is: They did not want to get paid and show large income while unwinding the Durham failure.

What is Michael Balkin working on merging with Affluence Corporation

1. The number 1 rule is to not trust ai chat for answers. With that said this is ai chat response.
The truth is somewhere in between the lines, some is just the past, some is the future and some could be false so take it with a grain of salt.

What is Michael Balkin working on merging with Affluence Corporation?
Michael Balkin is currently working on a new merger for Affluence Corporation. While specific details about the merger haven't been disclosed yet, it's clear that Balkin, who has significant capital and experience in capital markets, is taking a leading role in the company's strategic direction1.
Would you like to know more about his background or any other details related to Affluence Corporation?


Does Michael Balkin know Patrick Shutt?
Yes, Michael Balkin and Patrick Shutt have worked together in the past. Patrick Shutt was involved with Durham Black Inc., which attempted to merge with Affluence Corporation under Balkin's leadership. However, the merger was unwound in September 2024 due to unmet closing conditions, and Shutt subsequently resigned from his position1.
Would you like to know more about their past collaborations or any other details?


Who is working on the DigiBriks SL merger
The DigiBriks SL merger is being led by Affluence Corporation in collaboration with OneMind Technologies. They have reached an agreement to acquire three IoT technology companies to form a new company named Digibriks. Upon completion, Digibriks will become a wholly owned subsidiary of Affluence, integrating connectivity solutions, IIoT platforms, and digital twin technologies with OneMind Technologies1.
Would you like to know more about the companies involved or the benefits of this merger?


Yes I would like to know more about the companies involved or the benefits of this merger? Yes
The DigiBriks SL merger involves Affluence Corporation and OneMind Technologies acquiring three IoT technology companies to form a new entity named Digibriks. Here are the key details:
Companies Involved:
1. Company A: Specializes in crafting valuable ecosystems through robust IoT software and networking solutions.
2. Company B: Focuses on interconnected systems, solution development, and network optimization.
3. Company C: Provides engineering, integration, and implementation services.
Benefits of the Merger:
1. Enhanced Technology Platform: The merger will integrate Digibriks' connectivity solutions, IIoT platforms, and digital twin technologies with OneMind Technologies, creating a dominant product in multiple industries.
2. Expanded Market Reach: The new entity will have access to a large installed base, a growing network of world-class partners, and a large reseller and distributor network.
3. Improved Financial Performance: The combined companies recorded approximately $5 million in revenue and over $1 million in EBITDA in 2023. The merger is expected to add to top-line revenue, positive earnings, and cash flow1.
4. Operational Efficiency: The merger will take advantage of economies of scale, resulting in a more efficient operating cost structure for all four companies.
5. Broader Integration Capabilities: The merged solutions will expand beyond the Smart City space to develop new opportunities in Telecom and Manufacturing.
This merger aims to significantly grow Affluence Corporation's market presence and enhance its technology offerings.
Does this cover what you were looking for, or is there something more specific you'd like to know?




With that said Patrick Shutt and Grant Kirkwood are no longer in the picture. The future is looking bright without them.

Morning everyone ... Hopefully the news is spreading that OneMind did in fact preform its duties during the last quarter, even though there is only $16,000 in the revenue column. The Accounts Receivable show $670,000 owed the company for service performed. Due to the NDA that was inforced during the Durham merger fascio OneMind did not book its revenue and will inturn book it for the 4th quarter, or year end.

There is a new Interim CEO Ignasi Vilajosana and we have the OTC Company Profile page updated with the new completed BOD.. There is a LOI for Digibriks that has been filed, its in the 3rd quarter filing and the MOU with MTi has been signed ... and for those that missed it Michael Balkin is a person who seems to support the companys and stocks he represents. He is on the board of directors for Horizon Tech Finance Corp...symbol HRZN and on Aug 8 he filed a form 4 for $105,000 for shares in HRZN he bought on the open market.

Balkin is a player and I do not think he jumped on our board as a Independent Board of Director just out of boredom .... he has something to do with where this is going or he would not be here. Can find a better priced stock that has his kind of backing power, works with Dell, Orange Business, Global Hitts and MTi and sells for .0014 At some point in time the dam is going to break and this will move back to where it was for over the past 2 1/2 years.. Keep the positive vibe going folks and ignore the ignorance that some are spewing... there is no way on Gods Green earth anyone who claims to have 12 million shares would bash their own stock like what has happened last night and over the past few days... Let common sense prevail and Good Luck, I have used the ignore button and can verify that it works.

Don't bother him, he is not your type.

Risk, you mentioned you have a poor understanding of financials and never looked at a quarterly report. 
Why on earth are you on an OTC pink sheet stock message board relying on them for interpretation and understanding? They are taking advantage of you.

Naught for nothing, what was that kumbaya moment earlier with TJ and PB all about ?
PB mentioned after 25 yrs he hasn't had much success. Probably a student of TJ looking to bullsh-it people to try to make money off of them. 
The irony is that I was accused of having a character flaw, go figure. 


I understand I was never held in high regard in this group over the past couple years, but at least I was honest but nobody in a messsg board cares. 
Maybe we can salvage something out of this. 
All of these posts are my opinion only. 
I call it like I see it. Maybe I'm wrong with all of this.  Hope there's something to salvage, if not, oh well it was a risky. 
Happy trading tomorrow. Cheers, having a Guinness and Jameson, Slainte !

For want of a better word I'll call it an anomaly.

In latest filing, the first nine entries are for a LOAN EXTENSION of 63,000,000 restricted shares except for James Vandenberg who makes AFFU a LOAN (presumably his first) in exchange for 15,000,000 restricted shares. Further down Michael Balkin makes a BRIDGE LOAN for 8,000,000 restricted shares . The last three entries in the table of issued shares should look familiar they are for Doug Stukel, Bosak-Porter Realty and George Mellon. These repeat parties represent 14,000,500 restricted shares. They are issued for DEBT RESTRUCTURING.

In summation these cumulative notes of debt all add up to 100,000,500 restricted shares AFFU owes.

This debt anomaly cunningly coincides with MTi's elephant in the room DIGIBRIKS being reopened.

This group hasn't been right what will come next twice in a row now so I won't say this comes next. But I will say the following could explain why AFFU's recent evolvements has been so difficult to predict.

It is with reasonable probability however that soon I speculate DIGIBRIKS will have (at least) one company within it's grasp. Fish ON🪝

✋ You may not agree that's fine. But the next speculation may sound more ridiculous still, may not. That's fine too but tonight at this juncture I also speculate AFFU could be restructuring itself as it's very own Holding Company orchestrating (get it?) work between AFFU & MTi in collaboration with companies hand chosen to work alongside AFFU & MTi inside DIGIBRIKS.

Wait for it ✋ Aww to Hell with my critically acclaimed reputation. Let's go for for the triple play. How does Patrick Shutt as CEO grab you. Well wait there's more. How does Grant Kirkwood as a director sound. No? Ok President, Vice President whatever Patrick wants to call Grant.

Oh yes why the 100,500,000 restricted shares. Why not an even 100,000,000 shares? Great question, damned if I know man. I'm merely speculating while we wait for AFFU to get it's act together before I pull my hair out, remember? I've been waiting this long! 🤷

Buy up these cheap shares super quick. They won't last much longer. The rocket launch to the moon is happening any day now. 

The Expo must have gone so well that Jim is taking extra time to send the update because there's so many wonderful things to include in it. Endless hours going through the recap notes. Huge update coming 

Use the handy ignore button......I am. What a waste of time.

Easy, you said you would ignore rather than lowering yourself to name calling. Good call.

Oh my god you do have a comprehension issue. Maybe drunk.  What has been said is they unwound it due to money. And because Patrick could not get the money he never got control of the company as the OTC would not sign off DUE TO A CONTROL ISSUE.  You should read slower and sober up. You have a real problem. A real problem 

It wasn't just a bad quarter it was a total loss when the Durham merger fell through. There must have been expenses in the DB merger as well not just lost business. It's not outside the realm of reality that because AFFU was so absorbed in DB Merger they lost contracts and/or customers.

You said Durham deal fell through 20 times that Patrick could not obtain the funding. 
And now you it failed from a control issue ?
Is oldstocks seeing this ?

Well You and Richie are to be honest idiots who have comprehension issues. I have Always said Jim is a nice guy. But I do point out and get frustrated with how often he fucks up. I tell him that I tell the board that. But I always say he is a nice guy. I tell him how and what I think he should do. As a matter of fact I will ask him if a can post an Email he sent me yesterday day. He said "Tom why don't I just resign and you take over"

So you and Rich can KMA. I owe neither of you an explanation as to what I do or say any longer 

TJ your eyes must be brown, you're so full of crap. 
Peace out 

Yes, the bottom line they are operating and making money.

The flip flopping on every possible angle on this is hilarious 

TJ you change your mind on Jim everyday. One day you like him next day you don't.  Even Richie said that 

Control issue my a**. You said he couldn't get the funding. You kept showing 0 on the amount Patrick raised and said that's the unwind reason 

Asset yes, Your missing my point

There is $509,267 more owed to OneMind this quarter over last quarter

Clearly they were working, just not paid yet.

This means they are operating and making money

Read this and remember the merger was announced completed in May but was never completed due to the Control Issue with the OTC and then the wait for the unwind to be finished which was August. Now read this and if you still dont think its what happened your just not wanting the truth 

Search Labs | AI OverviewYes, it is very likely that a company involved in a merger would be under an NDA (Non-Disclosure Agreement) that would hold back on sharing detailed billing information until the merger is finalized, as this information is considered sensitive and confidential during the negotiation process. Key points about this practice: Protecting sensitive data:During a merger, companies share crucial financial information like billing details, which could be used to their disadvantage if disclosed prematurely. NDA terms:The NDA will clearly outline which information is considered confidential and specify the duration of the confidentiality obligation, usually until the merger is completed or a certain timeframe after. Legal implications:Violating an NDA can lead to legal consequences for the company that breaches the agreement

Risk I never said Covid had anything to do with the recent revenue being low in the last quarterly report. It was all from the Merger and the NDA

I am not blocking you your problem is simple 
1 you have no idea how a public company operates during a merger and a stringent NDA 

2 you get the answer but it's not the answer you want so you go on and on. You reach for the easiest answer. It must be they did something wrong. I refuse to accept that answer. 

It's actually fun watching you say the same things over and over hoping I will say You Got Me I was just bull shitting you. Well that won't happen so keep trying but the facts bare me out. 

No, Accounts Receivable (AR) should not be counted as income. Accounts Receivable is recognized when payment is expected but not yet received. 3 Months Ending 9/30/24 Accounts Receivable $676,232 Here is why. Accounts Receivable represents money owed to the company by its customers for goods or services already delivered, but not yet paid for. It is considered an asset on the balance sheet, not income.

Income (or revenue) is recognized when goods or services are provided, typically under accrual accounting. This is when revenue is recorded, not when the payment is received.

$676,232 Receivable represents money owed to the company that soon will be recorded as revenue. Therefore, I don't see anything to worry about or be concerned about here.

OS, I see your point of view. Some people struggle to understand financial statements and fail to grasp the concept of Accounts Receivable. They see a low revenue number and panic unnecessarily, without fully understanding the situation.

Penny stock companies love people who don't read the financials 

Probably wasn't Patrick to blame on the Durham merger unwind. Patrick was probably good at getting funding but the who in their right mind wants to invest 22 million in a non revenue making company hence he backed out of the deal. I said the 16,000 revenue in the quarter was probably Jim selling company car and reported as income as he doesn't have to state where the income came from if I'm not mistaken. No sarcasm intended 
No why TJ been blaming it on Patrick
Am I the only one that's thinking clearly here ??

Tj last quarter and this quarter

This quarter Accounts Receivable $676,232
Last quarter Accounts Receivable $166,965
Difference of $509,267
Should that $509,267 difference be the missing revenue??

Covid wasn't 3 months ago. Blame it on the recent floods in Spain if you want to blame something Wake up, OneMind hasn't been doing jack sh-it. Hence as TJ stated, low quarterly revenue lol 
Where is the update on how well the Expo went ?

OneMind AL Technologies provides software for smart cities. These technologies are built to remain relevant over time and are not designed for quick, overnight profits. If they secure a contract, it could take months or even years to integrate their system into the city's existing infrastructure. The revenue model is based on a one-time build-out, followed by ongoing use of the software, with regular upgrades and maintenance. Anyone with a clear understanding of the business should recognize this. Debating the revenue at this stage is unnecessary, only wasting time and creating unnecessary fear among newcomers who are still learning about the company's operations.

Yes Golf certainly a concern but I have never looked at financials posted. I am giving the benefit of the doubt to the company that their must some real explanation to this. Also as TJ said Covid and unwind might have created some financial loss?? Or they are included some way in the financial?? All I am speculating and yes I see these are valid questions my friend that need to be addressed by the company 
Having said that I am now only looking  for the eventual plan and release which hopefully explains how these  revenues (if any)  include in US financials.
I am very poor in understanding so I seek to TJ, OS, PB for explanation.

Lockdown is BS. Companies run normal operating operations when the owners are discussing mergers behind closed company. I can see lockdown of PR's not company ceasing operations lol. That is crazy. Stephane probably lost his job since he "wasn't needed anymore".  OneMind hasn't been doing squat. 
Thank you for blocking me TJ 

You are reading it correctly. It is there cuz there was so little revenue because we were in a lockdown situation. Here us the definition of Accounts Receiveable 

Accounts receivable (AR) on a quarterly report is the amount of money customers owe a company for goods or services that have been sold on credit: DefinitionAR is the total value of outstanding invoices for products or services that have been sold but not yet paid for. Balance sheetAR is listed as a current asset on the balance sheet because it's an outstanding balance that the company expects to receive. ReportsAn accounts receivable report includes information on: Amounts owed Payments received Key metrics such as days sales outstanding (DSO) BenefitsAR reports help businesses: Manage cash flow Assess financial performance Identify potential credit risks and cash flow issues Create collection letters to send to customers A shorter period of time with AR balances is better because it means the company can use that money for other business purposes. A higher accounts receivable turnover ratio is generally better because it means customers are paying on time.