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AfterMaster Inc (CE)

AfterMaster Inc (CE) (AFTM)

0.0001
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(0.00%)
Closed November 23 4:00PM

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Lime Time Lime Time 2 years ago
AFTM seems like huge potential here. I'm surprised nobody does anything with this stock.
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Longer Than Most Longer Than Most 3 years ago
Kk thank you
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JP313 JP313 3 years ago
Only what's listed on otc but who's to say that accurate
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Longer Than Most Longer Than Most 3 years ago
Is there a contact for the company listed?
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Longer Than Most Longer Than Most 3 years ago
I understand your logic. They did have an OTCM update to their corporate profile not too long ago so maybe we see filings, then they get shell badge added so they have an extension past the deadline. That would be best case scenario
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JP313 JP313 3 years ago
Regardless I doubt they're coming current b4 9/28 so this a extremely risky play. If it's low trips maybe I'll buy a few with an understanding it may well become a tax write off, but at these prices not worth it.
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Longer Than Most Longer Than Most 3 years ago
Because the new court date is after the deadline?
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JP313 JP313 3 years ago
Looking like trips & greys coming.
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JP313 JP313 3 years ago
Amended Motion for Final Decree (i) Closing Chapter 11 Case, (ii) Authoriziing Destruction of Documents, and (iii) Discharging Rust Consulting/Omni Bankruptcy as Claims Agent (related document(s)686) Filed by Larry Waslow. Hearing scheduled for 1/7/2021 at 01:45 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom Wilmington, Delaware. Objections due by 12/30/2020. (Attachments: # 1 Certificate of Service) (Doughty, Kristi)
Stricken - Adjourned Reset for 10/28/2021 at 2:00 pm
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PharmDBull PharmDBull 3 years ago
Was the hearing for today cancelled? For anyone wanting to follow, docket is 20-12017-JTD
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PennystockID2017 PennystockID2017 3 years ago
AFTM this week filing should began !!!!
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PennystockID2017 PennystockID2017 3 years ago
AFTM major news very soon dont miss these cheap shares
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PennystockID2017 PennystockID2017 3 years ago
Yeah who is he or maybe she? very good point!!! maybe a shareholder, maybe someone in the know, maybe a music enthusiast, so many thing Pennystock is but sure found a lot of relevant things about AFTM and the fact the company has some serious revenues and is final on the restructure which could make us all a lot of money buying here instead of at 2 or 3 pennies soon.
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JP313 JP313 3 years ago
Who TF is this pennystock poster a pumper?
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PennystockID2017 PennystockID2017 3 years ago
AFTM scheduled to exit Chapter 11 Restructure on 08/24/2021.

1000% MOVE COMING UP!!!
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PennystockID2017 PennystockID2017 3 years ago
AFTM Restructure Finalized


Date Filed # Docket Text Last updated 2 minutes ago
08/02/2021 137 Application for Compensation First and Final Fee Application of Gellert Scali Busenkell & Brown, LLC as Counsel to the Debtor and Debtor-in-Possession for Allowance of Compensation for Services Rendered and for Reimbursement of All Actual and Necessary Expenses Incurred for the period August 28, 2020

07/06/2021 133 Notice of Effective Date Notice of (I) Entry of Order Confirming Small Business Debtors Third Amended Plan of Reorganization of Aftermaster Inc. (II) occurrence of Plan Effective Date
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PennystockID2017 PennystockID2017 3 years ago
NO more dilutions AFTM
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PennystockID2017 PennystockID2017 3 years ago
In a Chapter 11 bankruptcy, the debtor corporation is typically recapitalized so that it emerges from bankruptcy with more equity and less debt
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PennystockID2017 PennystockID2017 3 years ago
06/01/2021 123 Declaration in Support Declaration of Mark Depew in Support of Confirmation of the Debtor's Third Amended Subchapter V Plan of Reorganization (related document(s) 115) Filed by Aftermaster, Inc.. (Attachments: # 1 Certificate of Service) (Brown, Charles) (Entered: 06/01/2021)
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PennystockID2017 PennystockID2017 3 years ago
AFTM (DIP Financing)debtor in possession financing issued by Wells Fargo Bank, REsturture nearly complete no more dilution, Pennies Coming Fast here!!!
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PennystockID2017 PennystockID2017 3 years ago
NEWS: AFTM MONTHLY OPERATING REVENUE

ADDENDUM TO DEBTOR’S MONTHLY OPERATING REPORT
FILED MAY 19, 2021
Aftermaster, Inc., the debtor and debtor in possession (the “Debtor”) in the abovecaptioned Chapter 11 case (the “Case”), hereby files this addendum to its monthly operating
report filed on May 19, 2021 (the “April MOR”) [D.I. 120], and respectfully states as follows:
The total cash receipts listed on Exhibit C to the April MOR is $91,678.43.

The combined bank deposits as indicated on the bank statements attached the April MOMNTHLY OPERATING REPORTS are $92,163.44
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PennystockID2017 PennystockID2017 3 years ago
REORGANIZATION PLAN PENDING APPROVAL AFTM

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PennystockID2017 PennystockID2017 3 years ago
updated INFORMATION,

John Lombardo Contact Information

Last Update
6/11/2021 5:12 AM

HQ Phone
(310) 657-4886

Company
Aftermaster

Location
6671 Sunset Blvd, Ste 1520, Los Angeles, California, 90028, United States
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PennystockID2017 PennystockID2017 3 years ago
AFTM 27 thru 31 wow so cheap !!!
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Longer Than Most Longer Than Most 3 years ago
Load up
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PennystockID2017 PennystockID2017 3 years ago
AFTM what a sweet dip !!!
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PennystockID2017 PennystockID2017 3 years ago
AFTM what a sweet dip !!!
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PennystockID2017 PennystockID2017 3 years ago
Researched but do your own DD...not pumping !!! AFTM
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Gendrin Gendrin 3 years ago
Do you have an insight on this company or just pumping?
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PennystockID2017 PennystockID2017 3 years ago
AFTM is go time for pennies!!!
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Gendrin Gendrin 3 years ago
What production?
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PennystockID2017 PennystockID2017 3 years ago
Loading these 30s wow some sellers selling when this will be pennies very soon, production has resumed
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PennystockID2017 PennystockID2017 3 years ago
AFTM 50s and 60 today
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PennystockID2017 PennystockID2017 3 years ago
BIG green week ahead AFTM
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Gendrin Gendrin 3 years ago
Where we headed this week, up or down?
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PennystockID2017 PennystockID2017 3 years ago
Solid DD regarding the restart of production and Financing apllicable to this qtr
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PennystockID2017 PennystockID2017 3 years ago
AFTM going to load a couple million more here
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PennystockID2017 PennystockID2017 3 years ago
AFTM solid here!!!
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PennystockID2017 PennystockID2017 3 years ago
40 going get cleared here
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Longer Than Most Longer Than Most 3 years ago
YW ;)
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PennystockID2017 PennystockID2017 3 years ago
COMPANY UPDATE ANYTIME NOW!!!
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PennystockID2017 PennystockID2017 3 years ago
AFTM here comes 60s !!!!
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Gendrin Gendrin 3 years ago
Any action here? Seeing no volume today.
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TechnicalAnalyst1984 TechnicalAnalyst1984 3 years ago
Damn, saw AFTM 2 days ago and thought they could go up but the stop sign and no news or filings so I passed
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PennystockID2017 PennystockID2017 3 years ago
Looks like this might be a reverse merger with a company called
https://songdivision.com/about-us/
New Directors of AFTM are directors of this company.
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PennystockID2017 PennystockID2017 3 years ago
Production to Resume AFTM penny's coming !!!
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PennystockID2017 PennystockID2017 3 years ago
Corporate Background
We are a Delaware corporation, incorporated on May 12, 1988, and traded on an over the counter market (ticker symbol: AFTM). As
of March 31, 2020, there were 306,736,038 shares of Common Stock issued and outstanding. The Company’s office and principal
place of business, research, recording and mastering studios are located at 6671 Sunset Blvd., Suite 1520, Hollywood, CA 90028 USA,
and its telephone number is (310) 657-4886. The Company also has an office at 7825 E. Gelding Drive, Suite 101, Scottsdale, Arizona
85260 USA, and its telephone number is (480) 556-9303.
Aftermaster, Inc. (“the Company” or “Aftermaster”) is an audio technology and products company located in Hollywood, California
and Scottsdale, Arizona. The Company’s subsidiaries include Aftermaster HD Audio Labs, Inc. and MyStudio, Inc.
The Company and its subsidiaries are engaged in the development and commercialization of proprietary (patents issued and pending),
leading-edge audio and video technologies and products for professional and consumer use, including Aftermaster® Audio,
ProMaster™, Aftermaster Pro™, HearClearTV, the Superbar™, Aftermaster Studio Pro and MyStudio®. The Company also operates
recording and mastering studios at its Hollywood facilities.
The name Aftermaster was derived from our technology being primarily utilized to remaster and improve audio that has already been
mastered. The Aftermaster audio process remasters an audio event to our standards, that has previously been finished or mastered,
hence “Aftermaster”. Aftermaster is unique among audio processes as it greatly enhances the entire frequency range without distortion
or changing the underlying intent of the audio. The Aftermaster process is also popular for mastering previously un-mastered audio
such as new recordings or live events.
Aftermaster, Inc. is an award-winning audio laboratory whose unique expertise and approach to its audio technologies and products, is
rooted in its world class expertise in music related audio engineering, processing and mastering. The music industry has been
responsible for the biggest breakthroughs in audio techniques, inventions and technologies for over a century. Aftermaster’s team of
audio engineers and music industry veterans have produced, engineered and mastered more hit records than any other audio company
in the world, providing it with its leading edge expertise. For more information visit. www.Aftermaster.com/team
Mission Statement
Aftermaster’s goal is to become one of the most innovative and important audio companies in the world through the development and
licensing of proprietary audio technologies, the development and sales of leading-edge consumer and professional audio electronics
products and through its contributions in the production, mixing and mastering of music, television and film audio.
The quarter ending March 31, 2020 brought unexpected challenges due to the outbreak of the Worldwide Covid-19 Coronavirus
Pandemic. The “stay-at-home” laws that were passed and the overall uncertainty created by the Pandemic, brought the company’s
ability to raise capital to a virtual standstill and further delayed the roll-out of our products. The one bright spot operationally was the
recording and mastering studios operated by the Company in Hollywood which continued to perform well during the quarter while
complying with California Executive Order N-33-20. Also, the Company’s R & D and product engineering team continued to work
non-stop to refine its existing products, as well as develop new products, which are soon to be introduced.
The current uncertainty in the financial markets for micro-cap companies has made the Company’s level of debt (a significant portion
of it being toxic, ratcheting convertible notes), a concern with prospective investors, which combined with the Company’s share price,
have made it virtually impossible for the Company to continue to raise capital on acceptable terms. In order to attract investment
capital, the Company must rapidly lower its overall debt. Accordingly, the Company recently offered all of its creditors and noteholders the opportunity to convert their debt into common shares. Subsequent to the end of the quarter, conversions pursuant to the
debt-for-shares offer have reduced the Company’s debt by $3,635,513.05 (approximately 33% of total debt, excluding non-cash
derivative liabilities), in exchange for 265,964,064 restricted common shares with an average conversion price of $0.014 per share (a
substantial premium to the market). The Company is continuing to work aggressively with its lenders and creditors to further reduce its
debt in order to raise the capital required to carry the Company through until the manufacturing of its products recommences.
After several quarters of exceptional sales growth, the Company was forced to suspend manufacturing and dismiss its manufacturer
because of high return rates and quality and reliability issues with the Company’s Aftermaster Pro product. The suspension of
manufacturing and sales substantially impaired the Company’s growth and operations over many quarters, as it eliminated any
meaningful revenues from product sales. In an effort to recapture the damages sustained from its manufacturer before the Pandemic,
the Company commenced an action against the manufacturer, Infinity Power and Controls, LLC of Rock Springs, Wyoming for $30 million to recover direct and punitive damages in the United States District Court for the Central District of California.
The Company’s product sales continued to be on hold during the quarter ended March 31, 2020, due to the ongoing delay in the
manufacturing of our products. The latest delay is due primarily to the impact of the worldwide Coronavirus Pandemic, which forced
the Company to further hold up the rollout of its product line.
Prior to the Pandemic, the Company secured a new manufacturer (see below) and had expected that manufacturing would resume
during the latter part of the quarter. However, the outbreak of the Worldwide Coronavirus Pandemic and “stay-at-home” laws, brought
manufacturing to an abrupt standstill. It remains uncertain when manufacturing will start-up again, however based on current
information it is expected that our manufacturer will reopen in India soon and begin manufacturing our products sometime in the next
two calendar quarters.
As stated above, the Company entered into a multi-year, Financing, Licensing, Manufacturing and Distribution agreement with Ritika
Research Labs Pvt. Ltd. of Mumbai India. Ritika is a private company which has interests in manufacturing, electronics and product
distribution and marketing. The agreement calls for Ritika to finance engineering, product development, manufacturing, inventory and
the marketing and distribution of all Aftermaster’s products worldwide (excluding the US and Canada). The agreement is significant as
it brings much needed capital for manufacturing, inventory and sales of Aftermaster products to the Company. The agreement is
expected to save the Company significant resources both financially and operationally while raising the quality and reliability of all its
products in markets worldwide.

The Company will receive tiered royalty payments on worldwide sales excluding the US and Canadian markets, which are retained by the Company.

The progress with Ritika in the manufacturing and sales of Aftermaster products was impacted by the worldwide Coronavirus Pandemic and lockdown in India. It remains uncertain when our products will be available for
sale but based on the current state of the Coronavirus epidemic in India, the Company expects manufacturing and sales to begin
sometime in the next two calendar quarters.
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PennystockID2017 PennystockID2017 3 years ago
Some Big names Associated with this company

https://aftermaster.com/team/
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PennystockID2017 PennystockID2017 3 years ago
Would not be surprised to see a penny plus. This is a Delaware Corporation is Good standing and SEC reporting thru last year.
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PennystockID2017 PennystockID2017 3 years ago
Based on the long Chart 0.0060 to 0.0080 is where this should be so easy 100 to 200% rebound plus more details
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