Affluence Corp (PK) (AFFU) Quote

Internet of things report
https://tracxn.com/d/reports-feed/internet-of-things-infrastructure-feed-report/__s-Md_2eyfCG4SXBXh8v78vKsUSdVlMY6fEIlPTNDg8k

Stephane Eyme
https://www.securityinformed.com/people/stephane-eyme.html

According to Fortune, Wall Street can't get enough of Al. Top venture capitalists are likening it to the 1800s gold rush.
https://fortune.com/2023/10/28/artificial-intelligence-bubble-or-real-wall-street-research-reports/

Do you recall your update chat with James?

Recall how it was somehow investors fault the share price was so low? That's what put my nose out of joint. James had no business sluffing off his responsibilities on too you or any other retail shareholders out of the loop in terms of company news. That was a massive red flag for me, astoundingly counter intuitive.

Direct dereliction of duty as a CEO. That's his job! How can shareholders promote something they're not even informed on. Man that arrogance didnt sit well with me one iota. I still can't believe he said that too you. He had no business beaking off like that too you, exceptionally poor form. But here's the strangest part. We still have no verification whatsoever, why he came off like a second class chump.

Apologies for not getting back during market hours. Raced out the door without my phone. Man the entire life of the world revolves around a cell phone. We're all wired 24/7/365 and that means gigantic business responsibilities for those willing to make it there livelihood. So you think Patrick strong armed Affluence for a lower payout. Hard to understand when James literally held the life blood of Digibriks in his hands.

I'm like you, time is dragging on and still no news. Meaning no progress, and Spain should have approved the merger by now. So something regulatory is gumming up the works and we have zippity for verification what the SNAFU might be. I keep thinking there were objections raised to the three other smaller companies and that's where this stalemate sits stewing.

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Agreed

It’s frustrating but hope something changes soon. I will wait not going to buy anymore or avg down… or sell unless they really screw this up.

You could not be more right, this is just a stock people glance at and move on from... it can have all the things in the works it wants...but until they get something done and announced or at least give a progress report...its going to be a flippers stock...

I am sorry to say but that's all I have been doing with it for over a week... get some 006's and sell them at 009's... make $300 to $500 with out even thinking about it. I resisted doing that for the longest time, but if they don't care about us then I will take what they are giving us.

Affluence Corporation d/b/a/ Durham Black Inc is a diversified public holding company focused on creating value through strategic investments and acquisitions in asset-light, innovative, and AI-enabled software and technology solutions for the global communications market. The public holding company serves as an acquisition and growth vehicle, aiming to acquire, build, and grow innovative companies that are sub scale, which in turn enables the $1.7 trillion global communications market to embrace digital transformation.


These company officers should get the peddle to the mettle to get the medals!

Tech stocks in the markets are supposed to be running. If they want to play with the big boys and get to $35 a share they better be ready to have weekly news releases with great news.

Let’s get these mergers completed!!!!!!!!

Get Contrivian merger completed so we can get an American Company under the AFFU belt, That Americans can have an interest to buy into if they are looking for USA companies

OneMind Technologies SL is a great company in a great location but Spain investors are not buying stock in AFFU to be a part of the growth. I could be wrong but I don’t see Spain investors posting here on ihub on the AFFU board. At least they don’t say they are in Spain.

AFFU needs to be double listed as foreign shares in Spain to attract Spain investors

. T'would not surprise in the least if Patrick is dealing with a poison pill as James holds out for a higher price.

I think at this point in time Patrick is the Poison Pill I think that Patrick having to deal with the OTC traders and how we are more vocal about information and accountability then the hot shots from the big boards has him looking down on us even more. He lives with a mind set of "I know what I am doing and if you dont like how I do it then fuck off" I think we can all agree on this, shareholder concerns are at the end of the line when it comes to where they think their responsibilities are.

You just can not or do not go for as long as this outfit has with out some type of communication... there next big test is going to be when the 2nd quarter financials are due... which is early August and with an extension which they will surly file it will be mid August. If they file later then Mid August then it will be time for another Yield sign to show up. Anyone who has been here for 2 or more years can honestly say that there is absolutely no difference in how Patrick is running this compared to Jim. Neither one of them gives a damn about shareholders at this level. They talk the talk, but do not walk the walk thats for sure.

Patrick is living off of past accolades but needs to come down from that high horse and realize that he has a responsibility to his investors at this level and he is not dealing with the same type of investors he did 10 years ago, nothing is the same as it was 10 years ago at any level of investing. Times have changed

Time to look at the Share Structure from the previous months figures to the current one. The one change that matters is the unrestricted from May was 187,000,000 and the June one is 188,000,000 ( these are both just rounded figures) its the 187 and 188 that matter)

Here are the June ones Posted on July 17

AFFU SECURITY DETAILS
Share Structure
Market Cap Market Cap
4,010,359
07/22/2024
Authorized Shares
4,000,000,000
07/16/2024
Outstanding Shares
646,832,121
07/16/2024
Restricted
458,647,878
07/16/2024
Unrestricted
188,184,243
07/16/2024
Held at DTC
156,382,035
07/16/2024
Float
63,122,474
05/01/2024
Par Value
0.0001

Here they are for May posted in June
AFFU SECURITY DETAILS
Share Structure
Market Cap Market Cap
8,344,134
07/08/2024
Authorized Shares
4,000,000,000
06/28/2024
Outstanding Shares
646,832,121
06/28/2024
Restricted
459,047,878
06/28/2024
Unrestricted
187,784,243
06/28/2024
Held at DTC
130,382,035
06/28/2024
Float
63,122,474

Honan was unhappy with the price negotiated.

That read like a book in the initial conversation with TJ. My God what a drip the guy was startlingly negative. T'would not surprise in the least if Patrick is dealing with a poison pill as James holds out for a higher price. I have no proof obviously, but the law of averages denotes him as a person of interest shall we say.

Well I'll tell you this much, after JAGX debacle

What a daunting disappointment for humanity that was, a formidable vexation to the spirit. I could really get behind a medical AI research program. Just as one example the big buzz right now is finding a way to block the protein dubbed Interleukin 11. The benefits are dazzling ly profound. The plausible anticipation is that this blockage could extend the human lifespan 25% as that's what they found already in clinical mice tests. Not only that, but the quality of life so-called healthspan would very likely be increased much more than the 25% they achieved in mice through symbiotic therapies.

In preliminary DD there was excited research involving the possibility of Durham Black being involved in some health applications. Can't recall details right now. Artificial intelligence can speed up these research projects so much that it's astounding what medicine can bring to society in a far more accelerated form. If Digibricks could get behind this Interleukin 11 research in some capacity. Goodness Me that would attract a lot of attention from the pinksheet investor crowd. I mean...beaucoup de l'argent. Hugely positive kafuffle would ensue 🤫✔️

Companies like IBM, Pfizer, Oracle, Celgene, Caterpillar, AIAC, Freeport Moran, Microsoft, Cargill, Abbott Laboratories, Agilent Technologies, and Costco have chosen Spain as their base for operations in Southern Europe and Northern Africa.

Barcelona, Spain, is home to several international headquarters. Companies like Nestlé, Novartis, Roche, Teladoc Health International, Amgen, Messer Ibérica de Gases, and Schneider Electric have their headquarters based in Barcelona.

Spain “Big 4” companies: Deloitte, PwC, EY, and KPMG.

In-demand jobs in Spain include healthcare professionals, information technology (IT) specialists, engineers, education and language instructors, tourism and hospitality professionals, finance and banking professionals, renewable energy specialists, and sales and marketing professionals.

With its rich cultural heritage, bustling cities, and a growing economy, Spain has become an attractive destination for American companies and expats. Spain offers a range of job opportunities and a vibrant lifestyle.

How long does it take to register a company in Spain?
A new company incorporation usually takes
4-6 weeks, once the shareholders obtains a tax identification number - known as the Spanish NIE number. Jun 3, 2024
• https://advocateabroad.com › spain
Starting Business in Spain - The Process & Costs - Advocate Abroad
^
The above process can take between 15 and 45 days. Buying an off the shelf company is not any faster.
https://www.mylawyerinspain.com›.

Affluence Corp put the news out on April 9th about the new company Digibriks.

Affluence Corp put out news about the Durham Black Inc merger was completed on May 20

I would think that Durham Black Inc would have had been required to file documents with Spain starting on May 20th for the existing company OneMind Technologies SL and the new company Digibriks

Depending when Durham Black started to file the documentation had they started May 20th the 15-45 days would have been up by now.
It seems like Spain is not if they will grant you approvals but a when they grant you approvals.
That when they grant approvals is when Spain has received all required documentation from all parties.

Things must becoming closer to being completed very soon!?

You bring a good point TJ

Dell and Orange was at a huge connectivity event.
Barcelona, Spain, 2024

https://www.mwcbarcelona.com/

101,000 people attended
2,700 Exhibitors, sponsors and partners
From 205 Countries and territories

I would think every job/contract would be different.
Digibriks will be multiple existing businesses wrapped together. I would think multiple projects and services may be offered.

Digibriks will be your global partner for digital transformation and technological integrations.
They will support you at every stage of your company's development.
Their unique approach will combine cutting-edge technology, business development and expert partnerships, making Digibriks the driving force behind your success.
- Specialized in : Smart Cities, Smart Education, Security, Smart Machines, Climate Resilience, Mobility & Transportation, Information Management, Events & Global Connections,
Smart tourism and Health.
They will be Implemented Internationally: Barcelona (headquarters), Dubai, Kuala Lumpur, Nairobi and Mexico City.
* Clear Objectives:
• Building Value ecosystems.
• Engineering Development & Integration.
Trusted Partner Product Distribution.
Trust Digibriks with your digital vision, and together we'll achieve your global tech success!
CONTACT US : ****@digibriks*com

Note: This comment is based on one of the companies that i think could be coming into Digibriks since they own the dotcom name:
Digibriks.com that is not up and running publicly yet.
What is your thoughts Peter?

From what I have gathered the contracts are similar to a construction contract. When the job is done the contract is done. Do a good job and go to the front of the line for the next one

There will be a lot of subcontractor work as well. Dell and Orange will bring them along for specialty projects as well. They will be in very high demand IMO

You could and most likely are right if so raising $12 should not be that difficult IMO

Let's say XYZ networks hire Digibriks for the safe, fast, reliable service they'll be legendary for.

What will XYZ sign on for. 1 year, 3 years, 5 years 10 years. How does that work, what are the standard boundaries of a typical contract. Anyone in the know on this? I mean the purchase price will be highly subjective obviously, but the duration of the contract should be common knowledge.


Peter, what are your thoughts here. Any other expected info from a new customer 🤔

I belive the $12MM is based on a capital raise. Not values of acquisitions.

No I am saying as the PR did that there needs to be a base value of $12 and if they get Contrivia and the other three along with the value of Durham Black they will have the $12.

That is a calculated figure...they all know, we dont, but they do what the value of Contrivian, Durham OneMIndNG and the 3 LOI are worth, so that figure was meant more as a read between the lines to the market then anything else... so I am 100% sure we will be up and ready to go by the first week or so of August, My opinion is based on the date they gave and the dollar amount they quoted.

To clear things up yes Americans can own companies in Spain.

Spain has simple requirements, but yes Americans and American companies can own companies in Spain.

Setting up a company in Spain:

https://www.giambronelaw.com/site/advice/setting-up-a-business-abroad/business-in-spain/setting-up-business-in-spain/


https://www.expatica.com/es/working/self-employment/starting-a-business-in-spain-101459/


https://balcellsgroup.com/steps-to-set-up-a-company/


https://www.lawants.com/en/starting-business-spain/


Anyone worried that there is a snag should read up on starting a company in Spain.

Spain welcomes businesses to provide opportunities for jobs.

Business as Usual.

Ah, thank you. I'm a tad smarter than I was earlier. I appreciate the clarification.

Are you thinking or saying Patrick owes $12 million to Affluence by Mid August for the reverse merger for Durham Black to monetarily close the deal..to takeover?

If that was the case i would think Patrick easily had that money still from selling his last company as
As CEO of UnitasGlobal, he grew annual revenue from $2m to $81m with a focus on an innovative connectivity platform.

Surely he was paid a premium on his ownership.

I think he still has the funds waiting for the right time to use that money for new business investments.

He most likely has invested in
Cambridge Management Consulting
And
Stormbreaker Ventures As partner

Patrick Shutt and his team could have just bought out AFFU with the money they got from selling Unitas Global and taken Contrivian public

Well Mary should get her act together because this is dropping fast and before we know it we all are going to be able to get basement bargain prices back down to the low .0035

This is not meant to bash.

It is meant to mean the company better get some news out to update us shareholders and us whales so to speak…..

Shareholders are getting nervous!

Note: i am not selling
On the same note i am done buying for now.

Six months ago Mary the President/COO posted this on LinkedIn


Mary StanhopeView Mary Stanhope’s profile
• 2nd
President & COO
Reposted from Durham Black Inc • 6mo •

It is thrilling to bring these teams together at a time when change and innovation are impacting companies at an unprecedented rate! I look forward to bringing my expertise to the executive team to grow our impact for stockholders, customers and the industry. Affluence Corporation Durham Black Contrivian OneMindNG

She mentions the three companys that will be Affluence, two of the three are Contrivian and OneMindNG... they are listed because OneMind is currently a Wholly Owned Subsidiary of Affluence /d.b.a Durham Black and Contrivian when the deal is done will also be a Wholly Owned Subsidiary of Affluence/ d.b.a Durham Black ...add them to Affluence and you have the core business of Affluence...they will move OneMind into Digibriks (along with the 3 new LOI's) and then OneMind will lead that subsidiary going forwqard but will still be owned by Afflucnece.

Oh yes from Jim... I asked him when the merger is done will he be gone... he said I will still be around but in the capacity of a member of the board, not in the day to day operations.

Spain does not I repeat does not approve or disapprove any merger... what they have are regulations on how it has to be filed in their country... that is all... they are not a dictator ship they are a democracy and this is all just red tape stuff since it involves so many different entities. We also dont know if Durham is holding back on this for some reason.

Lets not forget the Form D they filed to raise capital in the sum of for $22 million as of now there has not been any filing to indicate they have sold any of those shares... they may be telling Spain to hold back until we get the money we need to move these mergers along once completed.

But this is what we know... Durham owns Affluence

James is a Boar of Directors member, only

Patrick, Marry and Yossi is the CFO

Durham per the merger PR owes $12 million to Affluence by Mid August to monetarily close the deal... if not paid then EITHER PARTY CAN AT THEIR DISCRESSION CANCEL THE DEAL... see in there it says they have the Option to cancel it....not that it will be canceled... There is no way either Jim as the previous CEO how agreed to have that clause inserted or Patrick who agreed to it is going to cancel this deal...

OneMind will be a part of this and no one is canceling them out of the deal...because they are already owned by the enmity called Affluence a public company that is run by Patrick Shutt... and OneMind is NOT merging into anything... they will just be a subsidiary in a new subsidiary that Affluence will own called Digibrik. Spain an not take OneMind away because in 2020 Affluence BOUGHT OnwMInd and they own them and can do what they want with them... but OneMind is a registered company in Spain and must follow their regulations... Just like a company registered in England but trading on the NYSE has to follow our regulation ...

People are making more out of this then need be .....

My point was did you mean the email from James and not an email from Patrick.

Patrick is in total control his fellow ship mates on on the bridge helping him steer the ship. His COO and his CFO.

The meaning of ground to a halt is the NDA. But for the 1000th time a NDA is strictly about business operations. It has nothing to do with communicating about non business activities. A update on where the whole situation sits is not a business update just a reference to the fact they are still working on completing it.

Patrick Shutt is CEO of Affluence/Durham Black

TJ your message is confusing.

I hope you mean James E Honan, Jr.
No longer involved with the daily operations of Affluence…

Email from James?

Someone has got to be steering the ship.

Your opinion which I respect but the merger and the issue with OneMind are two completely different things

I have over my time doing this been involved with many mergers that had new companies coming in. Where the additions were canceled but the mergers stood I will when I get the time show you the email from Patrick stating he was no longer involved with the daily operations of Affluence… it’s all Patrick

Folks, please dumb this down for me. What happens if Spain doesn't approve the merger? Affluent owns 1M.

Yes and everything* came to a grinding halt

because of Barcelona Securities lawyers. Which in turn necessitated Patrick's lawyers to issue a Durham Black gagg order. Nothing new here it's all legalese protocol until the Barcelona Booboo gets resolved. That's why our management is radio silent. They're waiting for a resolution...

Welcome to mergerland
Where anything almost makes sense 🤫🙃

He has been gagged for 8 months... As a follower of this company for 4 years I can tell you that OneMindNG posted three or four times a week on LinkedIn... they have not put a post up for 8 months now... Since December when James announced they had signed a consulting deal with Durham Black... then they announced they would merge with Durham Black then they announce they would bring Contrivian into the company then they announced they had executed 3 LOI with unnamed companies and then they announced the merger was completed with Durham Black and then they announced a new COO and right after that a CFO and then its been total silence... but the cut OneMind off of communication in mid December.

Wow i take a nap and wake up seeing my AFFU shares up $16,000

I better go take another nap

Clearly incorrect on multiple counts IMO

James is gagged sure, but there's a potential for the merger thus far to fall apart. So (again technically) James could and should be the first guy to be called AFFU CEO if the said merger does dissolve. Additionally Contrivian and other three are very much effected by this regulatory SNAFU.

TECHNICALLY* your suggestion to call this (AFFU /DB) is legally incorrect until Barcelona hitch is resolved because Barcelona securities lawyers are gumming up the whole kit and kaboodle. 🥴

James is out of the picture, he is a board member only so as a board member he is bound by those regulations and board members are not permitted to speak about company business... so yes once he gave up the CEO position and moved to the board he gaged himself.

The merger is 100% completed, the only hold up with Spain is for OneMind... the other 4 companys are not in anyway bound to what happens in Spain and Spain has nothing to do with the merger between two U.S companys, Affluence and Durham Black... the hold up on news is self imposed by Patrick, he simply does not want to divuldge bits and pieces of what the new company will be doing going forward. He wants OneMind to be in the mix before he announces anything... in his mind he thinks an update would seem like to much like a forward looking statement.

The only event Google returns is Dell PR in 2023

Unless you've seen differently it appears Stephane Eyme has been gagged as well.

https://finance.yahoo.com/news/affluence-corporation-onemind-technology-subsidiary-130000625.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANWaha9AL837VYpAyyxNfbcWcWjoKkh4PIKHXgFMgAG6DK8CAenWM4_7uw5RqxSE0DKTRF6lWC1ZkEMDdr8dl77MG3vFRNyeEdvpBtx8GVCqeJfH9cgjdyDmwF7clcBASko4HaRYZgBL2V_7SnBd4zIvQoc6NSuPS-Tr0agYtLiL

OS an incredible AFFU transformation has occurred since last year. A definitive yet highly convoluted material event has transpired. Have you seen OneMind NG's Stephane Eyme (spelling) make any statements publicly since the merger announcement from Durham Black?

James is gagged, if anyone's gagging James
My money's on Patrick because they're both at an extremely sensitive juncture merger wise. In fact it could not be more pivotal until Affluence and Durham Black complete there due diligence. Namely the Spanish stock exchange in Barcelona who hasn't approved the merger yet.

On an unanticipated technicality the merger was announced to soon. Clearly Honan and Shutt must tread very carefully here. Seems very obvious to me why they can't talk, they've both been gagged from commenting by there respective lawyers and rightly so. Without a doubt they'd both be wise to maintain silence until the securities technicality has been resolved in my opinion. The securities lawyers at work here, I'm certain Honan and Shutt are extremely conflicted until Barcelona Exchange extend their agreement to the Durham Black ~ Affluence merger.

Patience it will all work out eventually but right now both companies are on tender hooks with their securities lawyers until the Barcelona Exchange securities snag has been resolved. That's my best interpretation, an unresolved conflict of interest.

I agree, I am at a total loss as to why they can not find anything to share that would not be a violation of the NDA's they have signed with Contrivian and the 3 LOI company's. A complete black out for the past 7 months is just ridiculous. We do have new people on board, COO and CFO but thats not really any thing that will move the needle when it comes to investors parting with their money and buying shares.

Affluence looking back seemed to get news out around the 20th of the month every month.

They should get some news together to let us know of anything new or old is going on.

Last year this time was:

Affluence Corporation (OTC PINK:AFFU) a leader in Smart City Software and Internet of Things (IoT) technology announced today that its wholly owned subsidiary OneMind Technologies has increased its sales presence in South America through its partnership with Globe, S.A., one of the premier value added services, distribution and integrators in South America.

"The partnership with Globe has already started paying dividends," said Stephane Eyme, Global CEO of OneMind Technologies. "Globe has included OneMind's Hypervisor NG into a very large, high profile smart city project in Chile and we were able to recognize revenue from that project in Q2. Of particular note is that this project incorporated the SaaS capabilities of Hypervisor NG. Our long-term strategy is to have a mix of enterprise software and subscription revenue to build a more predictable revenue stream.



OneMind Technologies has been working all over the world. I cannot see them sitting idle and having nothing good and exciting for us.

Humbug, here you go

https://www.td.com/ca/documentation/index_inc.html#:~:text=If%20a%20SIN%20number%20is,signed%20new%20account%20application%20documents.

Thanks OS. I have some restrictions on the brokerage account I can create. Still corporate, only certain brokerages are allowed.

The thinkorswim platform has level2 for free when you trade on that platform

Thanks TJ. Been in the market for so long, never subscribed for level II, May time to invest in this.
Good Luck to you and all.