Affluence Corp (PK) (AFFU) News

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. 

Yes, sir, I’m truly grateful to know you, and I deeply respect your service to our country. I’ll always tip my hat to you. I was born and raised in Vietnam, and for years, I tried my hand at investing and trading stocks, but without much success. A big part of that was my lack of knowledge, and English being such a difficult language to master. It’s embarrassing to admit that after 25 years, I still haven’t found success.

I’ve had a few wins, but at the end of the day, I’m not making any real money. Let me tell you, those so-called “heavy hitters” are often the ones who end up broke. Yes, I was one of them. I was in on almost every run-up stock, my friend thinking I was filthy rich, but the truth is, I was broke. At one point, yup, after 25 years, I realized my mistake: Can you believe that? It took 25 years to realize I spent 100% of my time chasing the hype, the "mojo," and little of my time on due diligence. The reality is that just one good stock can change your life, so why not focus all your time on proper research?

How many of us have found a great stock only to miss out on the big gains because we got shaken out? That’s because we didn’t have a clear plan or direction. Without due diligence, we won’t make it. Only through thorough research will you stay in the game and find true success.
The truth is that success follows when you have a clear plan and a defined direction.
I believe the true joy comes from sharing knowledge with others...it’s more rewarding than anything else.
Thanks for everything you have done for us here.

Oldstocks. I remember how we shared our red numbers how ever many months ago. I averaging down a little since then and hope you were able to as well. 
I want to ask you point blank, As a fellow investor do you not care at all about the revenue decrease or lack thereof ?? If you read this message and respond and tell me you Don't Care and have Zero interest in what happened during the quarter for the rev to be so low and that I shouldn't be bringing the rev subject(public knowledge, not opinion) then I will rid you of myself once and for all from the board as the last 2 years on here would be a total waste being amongst so called fellow investors that don't care about these details. 
Plus my wife thinks I'm having an affair and texting other women since she sees me on the phone the past couple weeks much more than usual. 
Thank you 

Tj am i reading this wrong or right?

Cash flows from Operating Activities:


Accounts Receivable $676,232

I don't have a problem other than it would be nice to know the reason behind the decrease. I don't think I'm asking too much. 
I'm baffled that people simply don't care about it. You don't care why the revenue went from 320k down to 16k ? The company might've just had a bad quarter lol. Ok 
That should be of Zero concern?
Good night and God Bless 

I believe I'm asking more than valid questions. The data is in the report. Delete my posts if I'm violating anything. 
I find it hilarious that PB called me out on revenue. Gee, I don't know why an investor would want to check the revenue from quarter to quarter ? God forbid an investor would ask a question about the not so subtle decrease from the previous quarter. 
I mean who would want to know ?? Apparently, I'm the only one that wants to know. You guys great are investors not caring, only hoping and dreaming. Good stuff. 

That's why it's great to have you here. No song and dance no hidden agenda. Just facts There are pieces to the puzzle that some of us had or already know. You have  helped 
put them all together. As I said I am not worried but there are some Good people here with out the experience you or I or OS and Wolf have. I actually do all this for them. I started trading in 2005 on a site called Stockwire. It was a rival to IHub but in 2007 changed from a message board to a trading platform. Myself and several others came here. There were a few people here who were very nice and they took my green ass under their wings and taught me how to trade and how to do DD. Most importantly the reason to do DD. I have been trying to payback their work by helping anyone who needs it or asks for it. It's why those names I mentioned get my utmost respect. Others, those looking to prove someone wrong or have the ability to do it but are lazy. I can do without them and I try to not let them get under my skin. But I fail at that the older I get. You don't remember but a few years back you found out I  was in Vietnam and when you found that out you were very greatfull and we had some nice discussions. I have been a fan of your work here ever since. So thanks for the DD 

Haha :)) I don't know he meant you ;)) I saw you fought for him.

I think I am going exercise patience and I know there are some pressing questions but I will let the company focus on these mergers and expanding business.

For some reason, I have feeling we will soon leave these sub pennies and move to a decent evaluation. Optimissim includes 

We are still good on the outstanding
Connection's with biggies
Triangular Merger as PB says
Connection with dell and other techs etc...
Folks like PB and other constantly sharing the DD and shows postive sentiments 
Imp for me TJ ... (because of him i blindly went it all not even looking anything or even doing any DD) yet positive on this and I listen and respect him with many here you, OS, PB, George, RB(our Richie), recently I like bad wolf and many others. I see lot of good folks around that want this to be successful .

Let's go let see the Rocket ship. Take us to the kingdom of heaven .. that is within you ( Jesus) so we need to look within?? :)) 

Thank you appreciate the update. Here is more info about Digibriks.
Digibriks is a new form company therefore, we won't see anything out there yet. However, it is clear to say Mingothings International is the registered (IONOS SE) owner of Digibriks.com. Mingothings.com.
https://www.whois.com/whois/mingothings.com
https://www.whois.com/whois/digibriks.com

The website for MTi, stands for Mingothings International. Look like Mingothings International (MTi) is integrated into OneMind Technologies and the new name becomes Digibriks, it’s poised to become a major market leader. This would be a great outcome for us shareholders. Mingothings.com offers a wealth of technology and services, which only adds to the HUGE potential.

Ignasi Vilajosana is CEO of Worldsensing and co-founder of Sensefields now is the CEO of OneMind. All the connections are there to see. If Worldsensing, Digibriks, and Affluence become one family then we hit the JACKPOT here.

Thanks, I wasn't here at the time, so I can't speak to that. But my point isn’t about Stephane Eyme, the CEO. He needs to go, along with Jim.

OneMind AI's technologies are proven and have been successfully used by Dell, so there’s no question about their value. However, since AFFU took control of OneMind, the business seems to be stuck. Part of the problem is a lack of working capital, and the attempt to form a partnership or merger has fallen through.

We already anticipate low revenue, so that's not a key issue to discuss. The Monkey bringing up negative revenue is just trying to plant doubts and distract everyone. It feels like these distractions are steering us off course. To be clear: I’m here for the merger—if it doesn't happen, I'm out.

I'm guessing he dorsnt want to be my friend anymore and I stuck up for him last night !
I'm back to clown status. 
I'll change my name to Felix Adler like the king of clowns 

My day job(although I've been wasting too much time here) as an engineer is to analyze data and trends and spot discrepancies. The data and pattern ain't looking good, excuse my English. 
Way way too many more questions than answers. That crap quarterly didn't say anything new. Only filed to remain stinky Pink Current 
BOD introduction, nothing new. Absolutely nothing new whatsoever. 
I demand answers lol 

Haha imo droopyee. We are all clowns :)) 

Thanks PB and TJ for your powerful DD.!!! Too many clowns on this board btw!!

imo

OneMInd AI technologies platform software is not a handout merchandise for everyone to use. They won a contract worth over a million. Part of the business interruption is possible because of the previous merger. May 22, 2023 they announced a record quarterly revenue of $887,278 and a record net income of $277,685. Revenue grew by 104% over Q4 2022 and by 73% over the same time period of 2022.

They need to reorganize the merger and get the business back on track. My focus is on their AI platform technologies—if the tech is outdated, Dell won’t feature it on their website.

And what about Ignasi Vilajosana, the Interim CEO? Why would he take on the role, and what’s his motivation behind it?

First question.... Stephane was the CEO of OneMind and was put there by the company that owned OneMind and sold it to Affluence in 2020, Jim just kept him in that position... as for Ignasi I have no information on him When Stephane resigned they mad Rohan Chanmugam the interim CEO... no one knew about that until the previous quarter filing showed him as the new interim CEO... and just like he did with the Rohan announcement Ignasi was shown to be the current Interim CEO in the Quarterly report just filed ... so no idea who he is or what his connection is.

Look I get all of my information the same way you do... I dig for it... what I get from Jim is answer to simple questions that have no impact on the business... I ask and if the question is deemed not to be privileged information he answers it... My biggest mistake was posting what he tells me... that wont be happening any more you can bet on that.

PB, I appreciate that you recognize the import and that the filing finally made that change official. However, the board, and especially TJ and OS, discussed this when they found Stephane working with the yachts and researched that he was gone, in the summer sometime, ?July. Then, a month or so later, the discussion centered on Ignasi and his qualifications and connections. I don't have search capabilities here, but you can search for those posts.


Can anyone here explain why Stephane Eyme the CEO of OneMind resigned? This is a big development, folks, and yet no one seems to be talking about it.

TJ, you and Jim see close,

We are not close... he actually thinks I am a pain in the ass cuz I am constantly emailing him... but he answers my questions when he can because I speak to him like an adult and like I would speak to any business man in his position.. with respect... I do not spend time calling people names and waiting for others to do the work so I can question now they got it done... You show your child like manner with the Hmm next to it...you have something to say say it... I am not getting any information from Jim that he would not give anyone if they were to ask him in a professional way.... try it some time.

If and only if, if OneMind isn't doing much then that's why Stephane wasn't needed ? 

What your asking is and should be obvious if you simply looked at the facts of what has happened here over the past 10 months and then combine that with what happened for the two years prior.. Nov 2022 to March 2024 .

Stephane resigned..it was posted and talked about when it happened... there was a cut and paste of his resignation and new job announcement from LinkedIn when he did it.

And again I can not lay it out any more then I did... Revenue was going strong before the Durham debacle... it shut down during those 10 months ...OneMind also lost their European Sales manager during that time too... he resigned and went to work for another company... CEO resigns Sales Manager resigns... again how much more info do you need before you can put it all together... Merger...NDA.... months go by no communication from anyone associated with that merger... Unwind period... Control Issue with the OTC... then revenue collapsed ... what more do you need... Did anyone from OneMind or Affluence call me up and tell me that revenue fell because of the merger.. NO... there does that satisfy your need.

A triangular reverse merger would be powerful...as always you can see these possibilities in the making.
The story is just beginning—things are about to get super exciting! Would it be nice to see a reverse triangular merger Affluence, DigiBriks, and Worldsensing? If the three companies successfully merge, their combined value would be worth at least 30 cents..