oldstocks
7 hours ago
The acquisition of Mingothings by Affluence Corporation is likely to have several significant impacts on the Smart Cities and loT market:
1. Enhanced Integration: Mingothings' expertise in lot solutions and data analytics will strengthen Affluence's
One Mind Technologies platform, enabling better integration of loT devices and sensors for Smart City applications
2. Market Expansion: This acquisition positions Affluence to pursue larger deals and expand its reach in the global Smart Cities and Connected Industries market, which is projected to grow significantly in the coming years
3. Innovation Boost: By combining
Mingothings' capabilities with Affluence's existing technologies, the partnership is expected to drive innovation in areas like predictive analytics and Al-driven decision-making
4. Revenue Growth: The combined companies are projected to generate over $4 million in revenue in 2025, with strong EBITDA margins and positive cash flow
5. Competitive Edge: This move solidifies Affluence's position as a leader in the Smart Cities sector, enhancing its ability to compete with other global players
The acquisition of Mingothings by Affluence Corporation is expected to impact several Smart City projects, particularly those involving loT integration and real-time data analytics. Here are some potential areas of influence:
1. Urban Mobility Solutions: Projects focused on optimizing traffic flow, public transportation, and green mobility could benefit from Mingothings' loT expertise.
2. Environmental Monitoring:
Initiatives aimed at tracking air quality, water usage, and waste management may see enhanced capabilities through the integration of Mingothings' technologies.
3. Public Safety and Security: Smart surveillance and emergency response
systems could be improved with advanced data analytics and loT
sensor integration.
4. Energy Management: Smart grids and energy-efficient building projects might leverage Mingothings' solutions for better resource allocation and sustainability.
5. Citizen Engagement Platforms:
Projects that involve real-time communication and feedback from citizens could utilize Mingothings' data-driven approach to enhance user experiences.
Mingothings stands out in the loT and Smart Cities space due to its unique approach and capabilities:
1. Tailored Solutions: Mingothings specializes in creating customized loT solutions that integrate seamlessly with existing infrastructure, ensuring a smooth transition for clients.
2. Focus on Ecosystems: The company emphasizes building value ecosystems by connecting people, applications, and devices, which enhances collaboration and efficiency.
3. Expertise in Integration: With a strong engineering team, Mingothings excels in integrating cutting-edge hardware and software solutions for Smart City projects.
4. Sustainability Commitment:
Mingothings prioritizes sustainable practices, offering solutions that reduce environmental impact while improving urban living.
5. Strategic Partnerships: The company
collaborates with trusted industry partners to deliver innovative and reliable technologies, strengthening its market position.
These differentiators make Mingothings a strong player in the loT and Smart Cities sector.
Strategic partnerships are vital for Mingothings for several reasons:
1. Expanded Capabilities: Collaborating with other industry leaders allows Mingothings to integrate advanced technologies, improving its product offerings and staying competitive in the rapidly evolving loT and Smart Cities sectors.
2. Market Reach: Partnerships help
Mingothings access new markets and clients, both domestically and internationally, enhancing its business growth and visibility.
3. Resource Sharing: By pooling resources such as expertise, infrastructure, and funding, strategic alliances enable Mingothings to innovate more effectively and efficiently.
4. Enhanced Credibility: Collaborations with trusted partners bolster
Mingothings' reputation, making it a more attractive choice for cities and organizations implementing Smart City projects.
5. Scalability: Partnerships provide the support and frameworks needed to scale its solutions, addressing the needs of larger, more complex urban environments.
These collaborations empower Mingothings to not only expand its impact but also play a pivotal role in shaping the future of smart urban living.
oldstocks
8 hours ago
Is OneMind Technologies in Spain an acquisition target.
I ask ai…..
The answer seems that we are positioned well if we are holding shares in AFFU.
OneMind Technologies, based in Barcelona, Spain, is indeed positioned as a potential acquisition target. It is a subsidiary of Affluence Corporation and specializes in Smart City and lot technology solutions.
Recent developments suggest that
Affluence Corporation is actively expanding its market reach through strategic acquisitions, which could enhance OneMind Technologies' capabilities and market presence.
Would you like to explore more about their technologies or recent activities?
What are the recent acquisition trends in Smart Cities tech?
Recent trends in Smart Cities technology acquisitions highlight a focus on sustainability, connectivity, and advanced urban solutions:
1. Sustainability: Companies are acquiring startups specializing in green technologies, such as renewable energy integration, waste management, and smart mobility solutions.
2. Al and lot Integration: Acquisitions are targeting firms that excel in artificial intelligence (Al) and the Internet of Things (loT) to enhance urban planning, traffic management, and public safety.
3. Digital Twins: The use of digital twins
-virtual replicas of physical assets-is gaining traction, with companies acquiring expertise to simulate and optimize city infrastructure.
4. Global Collaboration: Partnerships and acquisitions are increasingly international, as companies seek to combine expertise from different regions to address global urban challenges.
5. Citizen-Centric Solutions: There's a growing emphasis on technologies that improve quality of life, such as e-governance platforms, smart healthcare, and education systems.
DTGoody
13 hours ago
This indeed is very impressive! Why in the world isn't management screaming from the rooftops on what they got here??? Just unbelievable!! If something like this were to hit the wires, we would already be at silver even with the current OS.
I got an idea why don't you apply for a PR position oldstocks! Put out some knockout PR's and get us to .10 cents! LOL
OneMind would be a perfect buyout for Dell Technologies:
Copied from Pinks/PB post# 4982655
AFFU... OneMind would be a perfect buyout for Dell Technologies:
$AFFU +33.33% This is nothing yet. My first target is .03 and beyond .05. 10 here is why. I'm willing to give you a hint here:
Those who don't do their due diligence will never understand why l've invested so much time and effort studying this company. This one is virtually a guaranteed huge winner. The founder resigned. A buyout might even be in play. If Balkin structures a new merger, it could be massive. Let's not forget he recently led a merger with a $2.2 billion private healthcare company.
On top of that. Don't overlook the strategic partnership with Dell Technologies. For those who haven't looked closely, let me make it clear; we're not partnering to use Dell's tech. It's the other way around. Dell has the rights to market and sell OneMind Technologies' products globally under their November 30, 2022, partnership agreement. This means Dell is actively promoting and distributing OneMind's solutions worldwide.
Let that sink in: Dell is the one marketing and selling OneMind Technologies' products globally, THAT IS MASSIVE. Now, ask yourself, can you find another stock with Al technologies tied to Dell and involved in NEOM's $500 billion smart city project? So, consider this: could OneMind be a buyout candidate for Dell?
oldstocks
15 hours ago
OneMind would be a perfect buyout for Dell Technologies:
Copied from Pinks/PB post# 4982655
AFFU... OneMind would be a perfect buyout for Dell Technologies:
$AFFU +33.33% This is nothing yet. My first target is .03 and beyond .05. 10 here is why. I'm willing to give you a hint here:
Those who don't do their due diligence will never understand why l've invested so much time and effort studying this company. This one is virtually a guaranteed huge winner. The founder resigned. A buyout might even be in play. If Balkin structures a new merger, it could be massive. Let's not forget he recently led a merger with a $2.2 billion private healthcare company.
On top of that. Don't overlook the strategic partnership with Dell Technologies. For those who haven't looked closely, let me make it clear; we're not partnering to use Dell's tech. It's the other way around. Dell has the rights to market and sell OneMind Technologies' products globally under their November 30, 2022, partnership agreement. This means Dell is actively promoting and distributing OneMind's solutions worldwide.
Let that sink in: Dell is the one marketing and selling OneMind Technologies' products globally, THAT IS MASSIVE. Now, ask yourself, can you find another stock with Al technologies tied to Dell and involved in NEOM's $500 billion smart city project? So, consider this: could OneMind be a buyout candidate for Dell?
oldstocks
1 day ago
Richie here is the connection
It appears that Francesc Domingo, along with Xavier-Martí Carné, represented ZonaTrust S.L. in acquiring 50% ownership of DiproTech. The remaining 50% was acquired by Shikumi Wakata S.L., a web development consultancy
Before its recent partnerships, DiproTech had already established itself as a reputable company in the field of electronic engineering and technological innovation.
With over 15 years of experience, the company focused on designing and developing hardware, firmware, and software solutions. It also specialized in creating scalable loT systems and providing consulting services to enhance its clients' technological capabilities
DiproTech's legacy includes a strong commitment to innovation and a track record of successful projects, which laid the foundation for its growth and eventual collaboration with ZonaTrust S.L. and Shikumi Wakata S.L. in 2016
TJG
2 days ago
That makes no sense... it goes by Affluence Corporation... it has a tax ID the tax ID is attached to the company name... it is a registered company with the Colorado Sec. of State.... it has a CIK number 0001079744* ... Rich do you ever read the financial statements... and of coarse it washes with the SEC, its their regulations they are following...
This is what a CIK number is and what its used for. I must apologies to you for some of the things I have said... I thought you were honestly an experienced investor who knew a lot of this stuff... you really dont, and I am not slamming you, but this is pretty much common knowledge I am sorry if I have miss understood where you are in your understanding and have attacked you for it
* A Central Index Key (CIK) number is a unique 10-digit identifier assigned by the US Securities and Exchange Commission (SEC) to identify individuals, companies, filing agents, or foreign governments in the SEC's computer systems, particularly for EDGAR filings.
TJG
2 days ago
New Numbers are up again for AFFU ... the numbers from 2/28 do not differ from these new ones from 3/07.. so no dilution for the past week...which is good I would think For the three years I have been here the TA has only put the share numbers out once, with a few exceptions twice, a month. We are now geeting them weekly. Feb 21, Feb 28 and not March 7 They are telling the market that dilution is most definitely over
March 7 Numbers
AFFU Security Details
Share Structure
Market Cap Market Cap
602,613
03/13/2025
Authorized Shares
4,000,000,000
03/07/2025
Outstanding Shares
2,008,710,982
03/07/2025
Restricted
500,847,878
03/07/2025
Unrestricted
1,507,863,104
03/07/2025
Held at DTC
1,386,213,396
03/07/2025
Float
63,122,474
05/01/2024
Feb 28 Numbers
AFFU Security Details
Share Structure
Market Cap Market Cap
602,613
03/11/2025
Authorized Shares
4,000,000,000
02/28/2025
Outstanding Shares
2,008,710,982
02/28/2025
Restricted
500,847,878
02/28/2025
Unrestricted
1,507,863,104
02/28/2025
Held at DTC
1,386,213,396
02/28/2025
Float
63,122,474
TJG
2 days ago
Thats a question that many people ask when they are involved with a stock... who is the owner... what people do is they put a face and a name to the owner. People think Jeff Bazos owns Amazon, he founded .Amazon and owned it, until he took it public. ..or Elon Musk owns Tesla..but they dont. They did at one time, but once they went public they gave up ownership for Control. They have control because they have or own the majority of the shares in the company... but in order for a company to go public, they need to have a Board of Director who are actually in control of the entire operations along with control of the decision making.
They appoint a CEO to carry out the plan they approve and be the face of the company. in almost every case the person who is in Control, the person with the most shares is also the chairman of the board... on the board of directors. But as OS said the owners with the most clout are the shareholders themselves. They wield this clout with their ability to vote BOD members out, or in... once a year each public company holds its Annual Shareholder Meeting..it's there that the members of the board are approved or removed or new members are added thru their votes..either in person or by proxy. Balkin and the other two BOD of this company are in CONTROL... because they have the majority of the shares.
This leads to two questions people have when they look at Affluence. We dont number 1 have a Chairman and number two we dont hold annual shareholder meetings. The answer is simple... we are not an SEC Fully Reporting stock... and are not subject to those to items. We do need a BOD... and if you follow Pinkseet stock very closely you many times can look up a company on the OTC web site that is Pinksheet current and is not fully reporting and will only have one person as a member of the BOD, that person will also be the CEO and that person is also in Control of the stock because he or she has most of the shares.
Affluence has no direct owner, it has a BOD that calls the shots and we have no chairman and apparently as of now we only have a CEO in name and he is out looking for a new job.
RichieBoy
2 days ago
A question keeps arising that no one officially answers.
Who* actually OWNS Affluence Corporation?
First Durham Black was purportedly going to own it through a Reverse Merger, then Patrick Shutt's unwinding heralded new INDEPENDENT DIRECTORS for AFFU's management as Honan and Haase shrivelled away. Then there was the "strategic partnership". But if you look closely at the last sentence of this PR. It clearly states No equity or ownership of the company was sold*, issued* or assigned* as a result of the Board appointments. .
But stop and think back Worldsensing's and Orange's departure meant they didn't own it, they sold out. Patrick Shutt disappeared short of the Reverse Merger so he can't own AFFU. You know don't underestimate Francesc Domingo he might well own AFFU at some point. But here it is the mystery still left unanswered. Who OFFICIALLY* owns AFFU if Balkin Gonyer and Chanmugam never received anything? Something's not on the up & up here. They better start talking before the acquisition happens or SEC will demand more info just like we do. 🤔
OAK BROOK, IL / ACCESSWIRE / November 19, 2024 / Affluence Corporation (OTC PINK:AFFU) a leader in Smart City Software and Internet of Things (IoT) is providing an update on Affluence Corporation and the composition of its Board of Directors.
On October 14, 2024, James E. Honan, Jr., Chief Executive Officer and member of the board of directors of the Company, and Dale Haase, a member of the board of directors of the Company, resigned as members of the board of directors of the Company. Neither Mr. Honan nor Mr. Haase noted any disagreements with the Company or its Board. Mr. Honan will remain as Chief Executive Officer of the Company.
In addition, on October 14, 2024, Michael Balkin and William Gonyer were appointed as members of the Board of Directors of the Company. "We are delighted and very fortunate to have Mr. Balkin and Mr. Gonyers as independent Board members. Their knowledge and experience are tremendous assets in growing the company. " said James E. Honan, Jr., Chief Executive Officer.
William Gonyer is an independent contractor performing accounting, investment evaluation, and due diligence services. He was certified as a public accountant (CPA). He has worked in the field of accounting for over thirty (30) years. He has held positions at Will Stephenson Advisory (seven years, 2017 to present), Gold Coast Associates (six years, 2010 to 2016), Broad Street Banking Associates (two years, 2008 to 2010), Natixis Capital Markets (ten years, 1998 to 2008), Swiss Bank Corporation (six years, 1991 to 1997), and Price Waterhouse Coopers (five years, 1986 to 1991).
Mr. Balkin has over 35 years of capital market experience working with both public and private companies and is currently CEO of MPB Enterprises. MPB Enterprises is a senior strategic advisor to multiple public and private companies as well as the Wasson Enterprise family office. He is currently the Chairman of the Board of Performance Health Systems, LLC and was a member of the board of managers of Innventure, "INV", an Intellectual Property-based development company co-founded by Greg Wasson. He is also on the Board of Directors of Horizon Technology Finance Corporation "HRZN" and recently served as the Chief Executive Officer and a Director of a public company called Foresight Acquisition Corporation, where he led the merger with a $2.2 billion-dollar private health care company.
Prior to Foresight, Mr. Balkin was a partner and formerly the co-Manager of the William Blair Small Institutional portfolio and the William Blair Small Cap Growth Fund, which he and his partners started in 1999.
The current composition of the board of directors of the Company is Rohan Chanmugam, Michael Balkin and William Gonyer. No equity or ownership of the company was sold, issued or assigned as a result of the Board appointments.
About Affluence Corporation
Affluence Corporation (AFFU.PK) is a diversified technology company focused on smart city software and innovative solutions that capitalize on IoT, AI and 5G 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
About OneMind Technologies SL
OneMind Technologies SL is a wholly owned subsidiary of Affluence Corporation. The OneMind Intelligent IoT solution builder is used to create applications for smart construction and smart city operations. Functioning as systems of systems, OneMind connects data sources to one single point of insight to provide real-time information on operational processes. It is a key component in the enterprise solutions currently being offered by several Fortune 50 companies that resell, distribute, and integrate smart city enterprise solutions. The OneMind Smart City solution is deployed in Barcelona, San Francisco, Guadalajara, Oslo and many other cities throughout the world. For more information go to https://www.onemindtechnologies.com
For further information contact Affluence Corporation Investor Relations at 720-295-6409.
RichieBoy
2 days ago
You're certain about that eventuality ok nice if you're correct
My thought is MTi wants that connection with Dell that OneMindNG has.
I wish I were that confident frankly. I have not been able to acquire any current proof of that being the case. It's certainly nice to have Hypervisor associated with Dell. But let's be honest, the acute lack of transparency is the precise reason this dropped so low. I even went so far as to ask Dell if OneMind still worked for them. Stone cold silence of course. That's the reason for the need to distinguish between the valid facts and the rumor of the day. If this acquisition is based on hear-say, you know where the share price is going.
Both OneMind Technologies and MTi Mingothings have partners like that. Lets hope they are both talking about each other.
... and not forward looking hopium. That would most definitely be completely catastrophic. Again some degree of transparency is vital. I realize it won't be 100% transparency and understand why. Just saying Hypervisor is compatible with MTi doesn't cut the mustard as far as I'm concerned. They need to strengthen each other inseparably, 100% symbiotic. That won't be sensitive intellectual property either. Otherwise the second asset candidate becomes one huge question mark. Why? Again an acute lack of transparency leading us down the garden path of someday, somehow , somewhere over the rainbow. Not good enough!
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