AveragePenny
4 días hace
$AHIX Aluf Holdings Inc. Acquires HPN Worldwide Inc., Expanding Leadership in Population Health Management
https://www.accesswire.com/947921/aluf-holdings-inc-acquires-hpn-worldwide-inc-expanding-leadership-in-population-health-management
DAVIE, FL / ACCESSWIRE / November 27, 2024 / Aluf Holdings Inc. (OTC PINK:AHIX), a technology holding company committed to advancing innovation in healthcare, is pleased to announce its acquisition of HPN Worldwide Inc., a recognized leader in population health management. This strategic acquisition underscores Aluf's commitment to advancing transformative technology-driven solutions. It is a key component of Aluf's growth strategy as the company continues to seek out strategic opportunities that align with its mission of delivering cutting-edge technology solutions across various industries and positions the company for sustained growth in the healthcare sector.
"Consummating this acquisition represents a significant milestone for Aluf Holdings as we expand our footprint in the healthcare technology sector," said Joseph Paresi, Acting CEO of Aluf Holdings. "HPN's expertise in population health management aligns perfectly with our vision of leveraging technology to deliver impactful solutions. We are excited to welcome HPN to our portfolio and look forward to driving innovation together."
This acquisition is expected to drive synergies between the two organizations, fostering collaboration and innovation to enhance the delivery of healthcare services to meet the growing demand for effective population health management in an increasingly complex healthcare landscape.
"Joining Aluf Holdings is a tremendous opportunity for HPN Worldwide," said Dr. Bob Gorsky, President and Founder of HPN Worldwide. "Together, we can accelerate our mission to improve population health through innovative technology and collaborative care models. This partnership will enable us to expand our reach and impact, ultimately benefiting the communities we serve."
HPN Worldwide will continue operating under its established brand, ensuring continuity for existing customers and partners while integrating Aluf's strategic support and will continue refining its core competencies while leveraging Aluf's managerial expertise and resources. Together the companies are poised to expand their impact by delivering cutting-edge population health solutions to a growing client base. This collaboration fosters the development of new tools and strategies, enabling healthcare providers to meet the increasing demand for proactive care and data-driven decision-making in a complex healthcare environment.
Slojab
2 semanas hace
I'm curious as to what Dr. Aditya Ganguli has done in the past year to deserve being given 350,000,000 shares of stock, which was worth nearly $3,500,000 at the time of issuance and still worth nearly $3M today. Does he have to successfully complete an acquisition to be able to sell the stock? The normal restriction period is up otherwise.
Slojab
3 semanas hace
NOTIFICATION OF LATE FILING
Reason for Delay in Posting Financial Report: State below in reasonable detail why the Annual/Quarterly
Report could not be filed within the prescribed time period.
Delay in obtaining access to certain financial documents of wholly owned subsidiary
Teresa's Mom and Pop tax preparation business is the only active business AHIX has. How can there be a problem getting access to documents?
List any subsidiaries, parent company, or affiliated companies.
Tax Partners USA, LLC (acquired December 31, 2022)
Aluf Biometrics, Inc. (not currently operating; formed in 2015)
Aluf CBD Partners, LLC. (not currently operating; formed in 2019)
Aluf Tech LLC. (not currently operating; formed June 26, 2023)
Slojab
4 meses hace
Outstanding Shares Updated:
🔴 1,645,804,476 (2024-07-31)
🟢 1,825,354,476 (2024-08-01)
Difference: +10.9% (+179M)
Restricted Shares Updated:
🔴 1,576,354,094 (2024-07-31)
🟢 1,755,904,094 (2024-08-01)
Difference: +11.4% (+179M)
Craig305
4 meses hace
Restricted shares have increased.
✨ Outstanding Shares Updated:
- 🔴 From: 1,645,804,476 (1.65B - 6/3/2024)
- 🟢 To: 1,825,354,476 (1.83B - 8/1/2024)
(Diff: 179.55M, % Change: 10.910%)
✨ Restricted Shares Updated:
- 🔴 From: 1,576,354,094 (1.58B - 7/10/2024)
- 🟢 To: 1,755,904,094 (1.76B - 8/1/2024)
(Diff: 179.55M, % Change: 11.390%)
Craig305
4 meses hace
🚨 $AHIX ? Pink Current ? 💰 $0.0105
🔑 AS:2.30B ? OS:1.65B ? R:1.58B ? UR:69.45M ? DTC:18.73M
✨ Public Float Updated:
- 🔴 From: 15,834,381 (15.83M - 2/1/2024)
- 🟢 To: 18,371,451 (18.37M - 7/22/2024)
(Diff: 2.54M, % Change: 16.023%)
🌟 Director(s)
🔴 Removed
- Donald C. Bennett, Chairman, Independent Director, Compensation Committee Member, Nominating Committee Member
🟢 Added
- Teresa McWilliams, Chairman
👥 Board of Director(s)
🟢 Added
- Joseph S. Paresi, Director, Independent Director
AJH92
5 meses hace
Share Structure - Updated June 28, 2024:
Transfer Agent Verified
No change - no dilution
Authorized Shares: 2,299,821,989
Outstanding Shares: 1,449,442,476
- Restricted: 1,379,992,081
- Unrestricted::69,450,395
Note 1: It is only the Unrestricted Outstanding Shares count that is relevant to current trading.
Note 2: Low Unrestricted Outstanding Shares count - only 69.4M - for a stock in the .0150 > $1+ range.
Slojab
5 meses hace
A company that's been in existence 13 years and has accomplished absolutely nothing in all that time has the temerity to write such a positive press release with comments like this.
His decision to retire is unrelated to any disagreement with the Company but reflects his desire to conclude his business career with a well-earned retirement.
Again, nothing was accomplished under his chairmanship so what was earned?
During her tenure as CFO, Ms. McWilliams has managed the existing Aluf offerings and has successfully negotiated acquisition agreements with several operating companies with a long history of successful financial performance.
LOL This is genius, I have to admit. Yes, she negotiated agreements. Unfortunately, not a single one was ever consummated, with the exception of Colorocs, which was unwound after a few months. But let's not taint the spin with facts.
Slojab
5 meses hace
First order of business for Paresi should be to fire McWilliams. What has she accomplished since 2011?
Teresa McWilliams, Founder and Chief Financial Officer
For more than 30 years, Teresa McWilliams has applied strong analytical skills, strategic planning, and guidance for public, nonprofit, and privately held companies. Since 2011, Ms. McWilliams has been co-leading Aluf Holdings, as Interim Chief Executive Officer, Chief Financial Officer, and Secretary. Currently, as Aluf’s Chief Executive Officer, Ms. McWilliams is responsible for developing and managing acquisitions, growth, financial strategies and regulations, capital generation, and relationships with key financial institutions and private equity firms.
And her only claim to fame is having the company buy her tax prep business. This performance is only possible if you're a public company with a d0-nothing COB and no independent directors. In fact, get rid of the lot of them. Bennett, Striggles and Marks-Canty.
Slojab
5 meses hace
Has AHIX found their savior?
Joseph S. Paresi, Chief Executive Officer (Acting)
Mr. Paresi possesses over 45 years of advancement in High Technology-based companies. Mr. Paresi currently advises Aluf’s CEO, Board of Directors and provides leadership in raising capital to improve overall operations and consummate planned Mergers and Acquisitions. Upon the successful completion of funding for one of the company’s acquisitions, Mr. Paresi will join the company’s C-suite as its President and Chief Executive Officer, responsible for overseeing all operations, including cost controls throughout.
Prior to Aluf, Mr. Paresi held roles as the Corporate Director of Technology at Loral and Lockheed Martin, was part of the founding team and Corporate Vice President at L-3 Communications (Now L-3/Harris), Founder of L-3 Security & Detection Systems (Acquired for $1B), and Co founder of L-1 Identity Solutions (acquired for $1.9B).
Mr. Paresi has a Bachelor and Master Degree in Electrical Engineering, MBA/Finance, DoD Program Management Degree and Secret Clearance and Top Secret/Special Compartmental Information Eligible.
Craig305
6 meses hace
Adding more to the stash!
🚨 $AHIX
💰0.0145
Pink Current, AS: 2.3B, OS: 1.6B, US: 69M
Update Delay: 72 hours
Outstanding Shares Updated:
🔴 1,479,442,476 (2024-05-29)
🟢 1,645,804,476 (2024-06-03)
Difference: +11.2% (+166M)
Restricted Shares Updated:
🔴 1,409,992,093 (2024-05-29)
🟢 1,576,354,093 (2024-06-03)
Difference: +11.8% (+166M)
Slojab
6 meses hace
I know the SEC turns a blind eye to OTC companies but they really should make an exception in the case of AHIX. All they'd have to do is consider the disparity between their many years of failures to establish or acquire a viable company as well as even retain a CEO for any period of time, and the press releases they put out. Their business description, as well. Both are jokes. Speaking of jokes, there's the salary Teresa McWilliams receives (I won't say earns) for all the past failures.
Consider that the only active business being conducted is the tax prep operation that McWilliams had the company buy from her. A business that loses money. And the market cap for this ticker is over $20,000,000?! Like I said, to protect the public from these people, the SEC should shut them down.
Slojab
6 meses hace
I wonder who just received 30M shares of restricted stock?
At $.0145, that's a whopping $435,000.
Outstanding Shares Updated:
🔴 1,449,442,476 (2024-05-02)
🟢 1,479,442,476 (2024-05-29)
Difference: +2.1% (+30M)
Restricted Shares Updated:
🔴 1,379,992,093 (2024-05-02)
🟢 1,409,992,093 (2024-05-29)
Difference: +2.2% (+30M)
https://t.me/otcupdates/72378
Slojab
6 meses hace
Q1 report is out.
https://www.otcmarkets.com/otcapi/company/financial-report/403113/content
Gross Sales $41,760. And this is the busiest time of the year for tax preparation.
Does anyone think the market cap for this company should be anywhere close to $21,016,916?
I wonder if I ever did the calculation on what AHIX paid McWilliams for her company? I know the Landis's were given 1M restricted shares for their ownership interest but I don't know what %age they owned. At the time of issuance, the shares were at $.0075 making the value of those shares worth just $7500. Seeing how the business loses money every year, I'm surprised they could stay in business as long as they did.
Craig305
7 meses hace
What exactly does Held at DTC mean?
The Restricted converted to equivalent Unrestricted...I get that.
How does the Held at DTC then increase by double?
Held at DTC Shares Updated:
🔴 15,834,427 (2024-04-10)
🟢 17,731,451 (2024-05-02)
Difference: +12.0% (+1.9M)
Restricted Shares Updated:
🔴 1,380,992,081 (2024-04-10)
🟢 1,379,992,093 (2024-05-02)
Difference: -0.1% (-999K)
Unrestricted Shares Updated:
🔴 68,450,395 (2024-04-10)
🟢 69,450,383 (2024-05-02)
Difference: +1.5% (+999K)
Slojab
8 meses hace
1.9M shares just became unrestricted. I wonder who's shares they were and if they'll be able to sell them.
Restricted Shares Updated:
🔴 1,382,875,105 (2024-02-06)
🟢 1,380,992,081 (2024-04-10)
Difference: -0.1% (-1.9M)
Unrestricted Shares Updated:
🔴 66,567,371 (2024-02-06)
🟢 68,450,395 (2024-04-10)
Difference: +2.8% (+1.9M)
Slojab
8 meses hace
Atta girl!
1,449,442,476 as of 12/31/2023
633,049,030 as of 12/31/2022
On October 4, 2023, the company entered into a non-binding Letter of Intent to acquire a company with
thirteen years of developing life science research tools enabling autonomous, non-invasive, real-time
monitoring of compound bioavailability, biological events, or viability/metabolic dynamics from any cell using
a proprietary technology. We have not yet reached adequate terms with the seller and a purchase agreement
has not been signed. No further information regarding the terms of the acquisition available at this time.
On October 18, 2023, the company entered into a non-binding Letter of Intent to acquire a company with over
twenty years pioneering Biometric authentication and Digital Identity Management, specializing in
manufacturing biometric services for identity validation in physical and digital channels, for use in sectors
such as Financial, Government, University, Defense, and Industrial. Due Diligence is well underway; however,
a purchase agreement has been reached and no further information regarding the terms of the acquisition is
available at this time
Tax Partners USA, LLC (acquired December 31, 2022)
Aluf Biometrics, Inc. (not currently operating)
Aluf CBD Partners, LLC. (not currently operating)
Aluf Tech LLC. (not currently operating; formed June 26, 2023)
Cash ..... $500
Gross sales for the entire year .... $65,671
Net loss ...... $171,089