RichieBoy
1 day ago
I see this strongly pointing to Gen AI OS.
Is it possible OneMind NG is on sabattical learning new functionality instead of learning new contracts. I hunch they are. Patrick, James nor even Stephane have ever whispered one word about new One Mind NG contracts in 7 months. 🤔
"The proposed acquisition will strengthen OneMind Technologies' Hypervisor NG product and enable the product to manage devices and networks, connect to Industrial systems and standards, and streamline the operations and maintenance cycles of industrial projects. The merged solutions will also expand the company's integration capabilities beyond The Smart City space to develop new Telecom and Manufacturing opportunities.
Upon completion of the definitive acquisition documents, Affluence will identify the three merged companies in a formal press release. The first of the merged companies specializes in crafting valuable ecosystems through a combination of robust IoT software and networking solutions. The companies are experts in interconnected systems, solution development, and network optimization through a blend of cutting-edge software, integration capabilities, and consulting services. One company provides definitive expertise in project completion, specializing in adaptation design and installation of technology initiatives focusing on smart systems, specifically in the Mobility, Telecom, and Manufacturing sectors. Their unique approach combines deep technical expertise with a client-centric focus to transform complex technology into user-friendly solutions. The third company develops a suite of software products for intelligent IoT platforms. Their software suite includes intelligent device monitoring, intelligent operations centers, and, most importantly, cyber security operations centers. The integration of these technologies with OneMind will be unmatched in the marketplace. All three companies are generating revenue and are cash flow positive.
"Affluence is looking forward to working with all of the principals of the merged companies as we continue to build a world-class software and services organization," continued Honan. "We are excited for the opportunity to take OneMind into more lucrative markets while establishing a complementary partner ecosystem with an installed base to upgrade to Hypervisor NG. In addition, because of our new ability to offer engineering and integration services, we can take a larger piece of the opportunities we win, ensuring a streamlined customer experience."
oldstocks
2 days ago
Just 12 months ago 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.
βThe partnership with Globe has already started paying dividends,β said Stephane Eyme, Global CEO of OneMind Technologies. βGlobe has included OneMindβs Hypervisor NG into a very large, high profile smart city project in Chile and we were able to recognize revenue from that project
https://affucorp.com/2023/07/affluence-corporations-onemind-technologies-expands-into-south-america-through-partnership-with-globe-s-a/
I would think revenues are still coming in on this project and maybe more??
Dj56
2 days ago
Have been getting the next 12 months of positive behaviors and medical appointments partially lined out, OS.
I post the following with the utmost respect t for all concerned.
having read multiple posts by you and TJ, and others I am solidly in the camp that
1. Believes any CEO, COO, CFO, etc. has the abiding operational pov that the last few words in their goal statement covers completely any communication to shareholders outside of required forms. A major clamoring from us on this ihub board plus others might get a yawn out of Patrick.
2. Believes with the exponential advancements in a.i. that an element gumming up the finalization in the proposed conglomeration of companies, is HOW WILL AI STRATEGICALLY BE PRIORITIZED WITHIN THE VISION GUIDING THE TOP BRASS GOING FORWARD.
imagine an encyclopedia set filling a modest 3 level book shelf in your living room.
Now imagine the Great Lakes emptied of water and filled completely with all the new additional volumes of knowledge available to humankind.
Human beings have never had this dilemma before.
Especially, how do you prioritize it for light asset companies within a holding company, AND DO IT COMPETITIVELY?!
Not just in connectivity, but quality of content, as well as simplicity and thrift?
I believe the merger will be completed soon, but AI is the modern equivalent of the 1800s gold rush on mega steroids.
Top flight human beings interfacing with quadrillion of computational statistics going on every second, 24/7/365.
This is what DB must oversee constantly through delegating to the best people they can recruit.
The proof of this future 'pudding' will be in its taste for sure with no allowances for clever hype, manipulations, etc. Because possible COMBINATIONS of non human and human stuff are so vast now, their undoubted exponential increase will stagger most minds.
Elon Musk predicts, sooner than later, robots will do all the work and humans will work only due to the value they place on the satisfaction from work they experience.
Competitive business models in all sectors, imo, are intermediate term at best.
My strategy now is to sell all AFFU at its short to intermediate highest no later than 1/1/26, and proly sooner, then secure the funds in Tbills, as stock buying and selling will wain significantly and the most safe approach is to take what profit you can to form a personal "go fly a kite" money account, imo.
I will not stay invested in anything I cannot understand, and all I understand about AFFU is it is increasingly more difficult to understand, not increasingly less difficult.
GLTA, who do understand! I wish you the moon!!
TJG
2 days ago
I do as well... but perhaps we need to all go back to the beginning, when Durham Black was first introduced to Affluence shareholders... there was this Pr put out...
https://finance.yahoo.com/news/affluence-corporation-partners-durham-black-134500443.html
More importantly there was this last paragraph that was lost in all of this... all of the announcement of 3 LOI companys, the Contrivian PR and its joining the company... this little forgotten paragraph.
"I'm extremely impressed with the Durham Black work product and the team advising us," continued Honan. "With decades of driving value in deals, the Durham Black team is already playing a vital role in mapping out an acquisition plan for Affluence to add three to four high quality companies over the next twelve months that they believe are positioned to grow meaningfully and deliver lasting value. We look forward to this partnership and the many benefits it will yield for our subsidiaries, global partners, and shareholders."
And this very important sentence, that is more true today then we ever imagined when we first read it:
Durham Black team is already playing a vital role in mapping out an acquisition plan for Affluence to add three to four high quality companies over the next twelve months that they believe are positioned to grow meaningfully and deliver lasting value. OVER THE NEXT TWELVE MONTHS
They told us it was going to take this long, we just did not pay attention... time to just roll our sleaves and wait for those 12 months to get here.
My apologies to the Durham Black and Affluence teams for having jumped the gun on expectations of this being completed in 7 to 8 months.
RichieBoy
3 days ago
I agree DB lost it's way somehow.
There's an apparent blockage in progress. Sure to be some goofy glitch, sure but there must be a crumb somewhere. I do like the double listing in Barcelona idea, it seems fully warranted quite frankly. But then again how much does it cost to list there. How much can it cost to update shareholders though, a hundred bucks? Give this merger the market attention it deserves. Yes it is a big deal, we'd be very happy with a summer rally. 6 companies, law of averages clearly implicate there's something to crow about, too quiet here.
TJG
3 days ago
Not sure what you mean by this
He wants to pay as little as possible.
What is he paying and who is he paying... He has already paid for Affluence... When you buy something and it comes with a Money Back Guarantee in 90 days... you still have to pay for the product, be it a TV, washing machine what ever... same with Affluence when the merger was announced as completed then that means it was paid for, with either shares from Durham to affluence or with cash and there is nothing more due as far as ownership goes... the 12 million is just part of the money back guarantee, the price of the stock has nothing to do with Patrick having to pay anything more out of pocket. When SouthPaw replied to me with this post I told him he was most likely right and I am now sure he is 100% correct... Patrick was telling James I need to raise $12 to be able to do what I want with this company. If I can not then I may not want to proceed with it... James sad Ok. If that is true then it serves Patricks better interest to have the price per share much higher... who wants to invest a million dollars in a 0052 per share stock
SouthPaw post:
SOUTHPAW25
Re: TJG post# 4817
Monday, July 22, 2024 4:52:56 PM
Post#
4818
of 4844
I belive the $12MM is based on a capital raise. Not values of acquisitions.