Affluence Corp (PK) (AFFU) 銘柄情報

If you believe what he said, Jim stated between OneMind and Mingofthings the combined revenue should be over $4 million in 2025. 
Break even seems like a pipe dream. 
Happy New Year Risk ! 

I just want to break even then  I am out. Very difficult to trust pinkies. Hopefully I recover what I lost here somewhere else :))

Golf, that should be good revenue to not alter the share structure and slowly buy back(again wishful thinking) to not screw old shareholders. 
Hate how these shitty CEO works?? 

Go for it. Bon Appetit  

It looks tasty down here! Love bottom chart and action latley

MTi must do about $2 million a year in revenue?
Happy New Year folks. Hopefully 2025 is better for AFFU share price. Wishful thinking I know. 

Minh moi mua vao! How r ya?

The issue with this stock is that we don’t know when the dilution will stop. Right now, they’re converting the old 2022 notes, then moving on to the 2023 and 2024 notes, and so on. It’s a messy situation that needs to be cleaned up, but that won’t happen anytime soon because the restricted shares remain in place for one year.

Share Structure
Market Cap Market Cap
642,022 - 12/27/2024
Authorized Shares
4,000,000,000 - 12/13/2024
Outstanding Shares 1,167,313,456 - 12/13/2024
Restricted 500,847,878 - 12/13/2024
Unrestricted 666,465,578 - 12/13/2024
Held at DTC 534,815,870 - 12/13/2024

Saving good news for the new year.?

You just described the OTC as a whole.

LOL....phrase is kind of painful, kind of funny, kind of true
I am very intrigued as to where this is going. So much to offer and so difficult to grasp how they will do it without F-ing everyone

Same to you... I am very intrigued as to where this is going. So much to offer and so difficult to grasp how they will do it without F-ing everyone 


Happy New Year to you as well 

w/ your years here, your latest move was both strategic & wise imho & here’s to a profitable 2025 for us both old friend

Good luck George. I personally simply refuse to put another dime into this. It's mind boggling $500 can buy 1 million shares of this and it's sad this has become almost worthless in a sense. Call me stubborn but I'll never hit the buy button again with AFFU. Have a wonderful weekend and I wish you a happy and healthy New Year George. 

My hunch is they keep James Honan JR. Here's Why

If there is one thing that rattles people about cybercrime it's there money falling into someone else's hands. The other demographic that gets the jitters is BANKERS. Difference being they are responsible for that money and they are paranoid about losing it because with that loss so goes there reputation. Arguably in some cases there career.

I was getting a major bum steer from our media parroting the death knell for NEOM. In truth I found myself questioning there logic. There was simply to much old money involved. Logical there's a few bankers over there in Arabia.

Who better to understand there concerns than a fellow banker. Who better to approach than MTi who already has an office in Dubai. Who🦉 better to convince the banking industry than a fellow banker. Word of mouth promotion from bankers to there clients is another very significant (perhaps viral) marketing tool.

Many an investor's pride has been savaged by the Durham Black merger failure. That includes Jim Honan Jr. Even if Jim stays with us as an advisor, his 25 years in the banking industry is definitely an asset. To that sector of AI banking he can talk sense with would be AI bankers in Saudi Arabia or Springfield Illinois. I recommend AFFU retain Jim Honan in some capacity that Jim is comfortable with.

Last bit of reasoning on my part for what it's worth. The float is about 4x what it was when I thought this stock was a bargain at .01. .01 divided by 4 is .0025. If that price was a bargain in my head then why wouldn't .0005 be a good buy at this level. Things can chance and obviously anything reforming the share structure would be taken into account but the Mingothings LOI is binding so things are happening and we haven't heard anything negative yet. 
Happy New Year All

I've averaged way down here today and yesterday. Seems like a good spot

grabbed .0005's today hopefully the pos is done selling or close too.

That one is unfortunate 

Good analysis. 

Happy New Year TJ!

George, the other new AFFU board member William Gonyer was an advisor at Hicks's Southridge Capital a few years ago. All these slimeballs know each other. 

Agree 100%... sometimes you have to tell a solider that we have to take your leg son... there is no way he will agree with it...but in time when he is not 19 but 35 he will say had they not done that I would have died... Its never easy to do the difficult things...but most often difficult results in a satisfying reward. I think we are all going thru that right now... I am on the outside, but when my little mail envelop shows I've Got Mail, I will always read and reply to it... I have said I will be back in this...just dont know if it will be day 31 or day 50 after the wash sale has dropped off..My hope is to say F the write off this is just to good to pass up now...

Have a great New Year George

Right. Michael is making the right decision even though it's hard to fathom this stock at .0005 right now imo. He doesn't want the baggage that comes with a scammer like Hicks as the company moves forward. 

instead just tell them to $AFFU

I know that, but he only converted it after Michael came on, because he had an agreement with Jim to hold on, but Michael told him it was time for him to convert... if you look at the filings from those dates when it was issued there were extensions that Jim got on the Trillium notes Michael said its time to move on from them... again, it all happened in a matter of two weeks... not a coincidence is all I am saying... Jim did get involved with Trillium to begin with and that was a very big mistake... but the debt from 2021 and 2020 after him purchasing OneMind left him no choice but to get in bed with a Toxic venture capitalist like Trillium

The actual low on this ticker or any ticker that trades in the OTC pinkies is 0.000001.
Now, will we get there is any ones guess, and no retail trader has any say about it, only the company's management or the Market Makers have any real control on the share price, so trade accordingly as best as you know how.
Invest on the Big boards, and Gamble on the pinkies!

And Balkin most definitely didn't put the clamps on communication. Jim has never been about clear communication or putting out press releases. We all had to beg for years

Not true. The original note to Trillium Partners and Steven Hicks was 9/8/22. Over 2 years ago 

The deal that was put together for Hicks to sell and the debt that has been converted all were arranged after Balkin was officially announced as replacing Jim on the Board and when Balkin took control of the Company. Michael Balkin was put on the BOD on Oct 14, the announcement of him was made public on Nov 4.

https://finance.yahoo.com/news/affluence-corporation-announces-board-members-123000024.html

The Announcement of the SC 13G by Steven Hicks was Filed and released on Oct 29, Two weeks after Balkin came on board. On page 6 of that filing you will see that they are using the Security Details dated Oct 16. On Oct 18 the disbursement of the shares owed were calculated and posted in the 13 G. Those numbers represent the bulk of all of this dilution and the increase in the number of shares. On Page six you can read that Hicks already had over 24 million shares of common stock and was intitled to convert over $689,000.00 worth of debt into Common Shares... thats where all of the increase in the Unrestricted comes from and why the Restricted shares has not changed. It money is what is funding him the ability to be issued Common Shares by the TA and then Sold on the Open Market... Each time he sell and drive the stock down the money owed him results in the TA having to issue more shares at the lower price to cover the amount still owed.
https://www.streetinsider.com/SEC+Filings/Form++SC+13G+++++AFFLUENCE+Corp+++++++++++++++++++++++++Filed+by%3A+Maple+Leaf+Capital+Management+LLC/23893157.html

There has been no convertible debt that was sold prior to all of this selling that started in Oct. ( It was you George I believe that first noticed OTCN on the Bid and Ask when the onslaught began). , the Annual filing will show all other notes are still intact. This whole mess is from shares held by one former board member being sold now and all of the shares and money owed Hicks accounts for all of it. All of this is my reading and interpretation of what has and is happening but the fact that it all started when the two new BOD showed up and then Hicks files his 13G it just can not be coincidence IMO

All of what has and is happening falls at the feet of Michael Balkin... it has been Balkin that has taken Control of the company... he did so based on the shares he has owned in Affluence for several years. He did so because Jim ran out of time in getting this potential Gold Mind, as you said, up and running. Multiple failed mergers, multiple failed acquisitions and multiple failed attempts to get this audited and fully reporting. Those failures fall at the feet of Jim Honan Jr, but the selling was instigated by Balkin after he came on board, and its my guess that he did this so he could put his plan of how this company will be run in motion. He wants it to be as debt free as possible... his first step was to get the acquisition of MTi in place, and then be ready to put the next phase together. No one knows what that may be, but it can only be better than what has gone on for the past 3 years... year One and Two are a pass for this not moving, that was 2020 and 2021, when the whole world stood still. 2022 2023 and 2024 should have produced extreamly positive results, instead this sits in trips and waits for what is next.

The dreaded restructuring is coming, we can only guess what that will look like too. You are right in a sense George, Jim is responsible because he failed to turn the Golden Goose, aka: OneMind Technology into several Golden Eggs worth dollars, not sub pennies. But it was Balkin who stepped in and made it all happen. But worst of all its Balkin who has put the clamps on communicating with shareholders...he is the run that has the Running Silent... Not Jim

I am thinking if it does 4s will be the low...I am thinking!...so beware!...LOL

5's are getting loaded. Not sayin it won't go lower but it's only a matter of time before one of these trip zero pump groups get on this and run it. 

In the meantime I guess one can average down by getting some of the 4s that OTCN is getting ready to work on...sitting at .0005 now.

The debt and the deal with Hicks was done by Jim. Michael wasn't in control of anything at that point so maybe we should give the guy a chance. He has a pretty stellar track record and I'm sure that the new directors want to get rid of Jimmy's skeletons before they put their stamp on it. Jim had a literal goldmine at his fingertips in OneMind for years and did absolutely NOTHING with it. I'm glad when he's gone. No way the new regime screws us any harder imho. 

Appropriate $AFFU nuff said

and want to take over and run the company yourself.?

doesn't this make you hostile.?

At this point Affluence Corp has lost control of the unrestricted shares as they out number the restricted shares.
Unrestricted shares are in the retail hands.
Retail should at this point have a controlling vote if anything were to be voted on.
Whoever the majority shareholders are retail, are most likely on ihub, stocktwits and X formerly Twitter.
Before they never had to vote on anything because they had owned majority of the shares.

Any thoughts on this?

Hold it down as low as possible for MTi holders and future shareholders to get on board before closing on the merger. That's what Balkin is doing. RETAIL value all depends on what date of the share price OMT agreed upon in the details of the value of acquisition for the original shareholders. (INTRINSIC value negotiated by OMT & MTi for those holding as of a certain official date which will be binding) N.B. NOT* the current value.


The two companies have executed a Binding Letter of Intent whereby MTI shareholders will exchange their ownership interest for equity of Affluence Corporation. The companies are working diligently towards closing, anticipated in the first quarter of 2025.


A crucial detail Jim Honan FOR CERTAIN has in his possession as we speak and shareholders do not. Jim Honan is still our representative according to any press releases and/or filings. Whether they tucked that away in Linked In is a valid question but so far details are exceptionally spurious until introduced in a filing, PR, or some hideehole on Linked In.

Which it shouldn't be only Linked In if they are genuinely trying to increase retail value. Exceedingly material events are now binding here. Therefore this should all be public information in it's most transparent form as the future of the company is irrevocably changing it's corporate structure. An incredibly significant intrinsic value which hasn't been disclosed yet to current retail AFFU shareholders.

This is why I said it will all happen in 2025. The operative word of the day is BINDING. Without AFFU's intrinsic value already AGREED upon with BINDING INTENT we ultimately know nothing.... >>>-- YET* - -

Security Details have been updated... about 100 million added to the OS... no change in the Restricted.... Unrestricted has increased by 246,697,950.... Held at DTC increased by 246,697,950 Still finding shares to sell... continues to be a major question as to what it is they are doing

AFFU Security Details
Share Structure
Market Cap Market Cap
586,340
12/24/2024
Authorized Shares
4,000,000,000
12/13/2024
Outstanding Shares
1,167,313,456
12/13/2024
Restricted
500,847,878
12/13/2024
Unrestricted
666,465,578
12/13/2024
Held at DTC
534,815,870
12/13/2024
Float
63,122,474
05/01/2024
Par Value
0.0001

11/15/24 Security Details

Share Structure
Market Cap Market Cap
1,012,677
11/26/2024
Authorized Shares
4,000,000,000
11/15/2024
Outstanding Shares
920,615,506
11/15/2024
Restricted
500,847,878
11/15/2024
Unrestricted
419,767,628
11/15/2024
Held at DTC
288,117,920
11/15/2024
Float
63,122,474
05/01/2024
Par Value

Pink Current Information
Company Verified Profile IconCompany Verified Profile 12/2024
Transfer Agent Verified IconTransfer Agent Verified

I know very well OS, TJ our AFFU guru is not going anywhere, he is also as pissed I am with the new management. 
It's a good strategy to sell and buy back after 31 days I thought too but I didn't make any money anywhere else so I am holding:)) 

Thanks Golf after you mentioned quantum stocks I am also actively looking for some good ones so that I can recover too :)) 
All the best Gold and as TJ said and I also think hopefully AFFU the stock of 2025 

Also, hope the new f$$ shows some consideration to the existing shareholders. 

Its just a slam on the guy... Michael Balkin I switch is last name to sound like Ball sack... the area on a mans anatomy Because since he came on board this stock and company is in worse shape then at any time in my three years of being involved with it. Say what you will about Jim but he still cared for shareholders a hell of a lot more then this A-hole....

Who's Michael Ball-Sackin?

It's frustrating that all the due diligence we did on the company seems pointless when they’re dumping at these rock-bottom prices. Unfortunately, there's no way to predict when the dilution will stop. I’m still holding onto all my shares for now, and if the dilution does end, I'll consider doubling down to lower my average. I'll keep monitoring things, but I’m not planning to post here much anymore.

Who's Michael Ball-Sackin?
Control of the company is in the hands of Michael Ball-Sackin

Appreciate you for making mention about quantum related stocks a few weeks back. Jumped into one and made back my losses from affu and then some.

You know me to well OS. Merry Christmas my friend. All here I consider my friend even though we have disagreements it does not change the brotherhood and sisterhood we have all developed. Families have them and there are several here that are like family so we bicker but who doesn't right 

There is absolutely no doubt, there is a great crew of people here. I'm older and learning a lot off this board. Thank you all and have a very Merry Christmas.

Risk i believe his exit strategy is for tax reasons because he may have made money in the stock market on other stocks to offset income.
Watch he loves us and will be back in 31 days no matter what the price of AFFU is.

He likes everyone’s company here, it keeps life interesting!