Atlantic Energy Solutions Inc (PK) (AESO) Quote

That makes perfect sense. Now that Nixx is stable and looks to be on solid footing for NSDAQ especially with this new very competent and connected CEO . Miles should be free to take AESO in any direction he wants.

I think the delay was to keep the Nasdaq requirements intact until after 12/31. Just an opinion, but they haven't really added any value to meet the minimums IMO. Especially since the Gift boutique deal with JustGot2HaveIt is incomplete. At least now their annual 10k will be in compliance. 
All just a guess, but it makes sense and seems reasonable IMO. 

GLTA, Happy New Year $AESO

Just do something with it!!!!!!!!!!!!!!!

Im probably wrong but my guess is with the new CEO, the spin out will not be high profile. She will want to get it off her plate ASAP.

Not to mention she is married to this dude. Good access to capital. 

https://www.linkedin.com/in/sevenvolpone?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app

This should be good for NIXX. This lady is familiar with the Asia/ Korean market they seem to be targeting. Hopefully, them getting settled more helps complete the spinout. 

https://www.linkedin.com/in/debra-chen-7080131a?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app


https://www.accesswire.com/962849/nixxy-appoints-capital-markets-veteran-debra-chen-volpone-to-ceo-and-board-member

I wish I could see the Delaware SOS filings for Recruiter.com Recruiting Solutions, LLC 

A new company added to the JobMobz / Recruiter.com ventures / Employer.com stable over the weekend. 10% equity stake keeps rising while we wait and see. Looks like Jesse saved this company. Bench and Employer.com have similar biz models. May be a nice add. 

https://www.geekwire.com/2024/bench-accounting-to-be-acquired-by-employer-com-following-abrupt-shutdown/

In case no one saw this NIXX news. 
https://www.accesswire.com/958830/restructuring-complete-bringing-shareholder-value-with-new-usa-based-ceo-imminent

Right back atcha Gnarly!!!!

Merry Christmas $AESO! Enjoy your holidays. 

No it was not too much and thanks for the reply. This issue is so convoluted it is difficult to keep up. Jmho

It's possible, I was just wondering. Thanks for your thoughts on this change Tre.

I see this as a positive. Maybe he was a hinderance in getting the spin out completed. I'm sure Miles carries a lot of weight with NIXX. He seemed anxious to get Congnogroup started .

Granger Whitelaw is leaving NIXX per todays 8K. Wonder if this will create more delays with the spinout. 

What new relationship? The $GOLQ folks were always the group that was supposed to take over the RCRT now NIXX shell. I just never liked them or their business plan. Its more just my opinion of them. If Miles and Evan think differently, well nothing can be done about that. Granger Whitelaw became CEO of GOLQ before he took over NIXX. 

I still haven't figured out how the original deal between RCRT and GOLQ went from requiring them to hit Revenue targets in exchange for additional control. To now they got what appears to be total control simply by signing an exclusive licensing agreement. I was expecting $AESO to still have a 16% holding of NIXX when the dust settled. I haven't seen that in any filings once they changed to the licensing agreement. Now everything moving to $AESO looks to eventually be completely separated from NIXX out side of the shares Miles and Evan received in their payout ( about 300k shares split between them). 

However, the original deal also never mentioned payoffs of all the other debt holders like Parrut. It originally was only going to be paying off Montage. So I can only asssume they traded the entire Nasdaq shell for a relatively debt free spinout. This was not going to be the case originally based on filings info. 

I was just being honest about how I don't really care for the GOLQ team. Most of the stocks that they are linked too aren't doing too hot. Examples are $GOLQ, $CAUD, $LGIQ, $KBNT, $FERN I could go on and on. Basically my DD put a dirty cloud of the likes of Brent Suen and Peter Bordes. Still not sure about Granger. I had a sour taste in my mouth after digging into GammaRey and seeing some formerly SEC related issues with their owners. That was probably more than you asked for. Sorry about that. 

One last time, IMHO

Will this new development severe the relationship between AESO and NIXX? I ask because the shell risk still remains so it appears the shell is still empty. JMHO

This is probably the case

My hunch is this is just tax loss selling.

$NIXX is doing well , up almost a dollar today.  

I have my doubts about these GOLQ folks. 

IDK, but it's not a new thing in OTC

Why would someone want to do that?

🤦🏽‍♂️stupid paste fails

Just an opinion, but what if someone wants to keep this below .01 now so they can't get the OTCQB rating. The withdrawal from NIXX of the record date for shareholders did mention pending regulatory reviews. 

Reason for Withdrawal The decision to withdraw the record date is based on:  ·Ongoing strategic evaluation of the corporate structure    ·Pending additional regulatory reviews    ·Optimization of shareholder value    ·Alignment with broader strategic objectives

https://www.otcmarkets.com/filing/html?id=18028827&guid=t8Y-k62ZL2LnJth

So if the 10% equity transferred to after the 45 days, it should be visible on the next filing that ends 12/31/24. So there should be something to see by at least 3/31/25. 

This is obviously an IF dependent on the spinout progress. 

Sometimes I hate the cut and paste in the app

According to this 8K the stock should have been received 45 days after the closing on 9/24/2024

Item 2.01 Completion of Acquisition or Disposition of Assets. On September 24, 2024, Recruiter.com Group, Inc., a Nevada corporation (the "Company" or "Seller"), successfully closed the previously announced transaction with Job Mobz, Inc., a California corporation (“Job Mobz” or "Buyer"). The closing of this transaction follows the terms set forth in the Asset Purchase Agreement dated August 16, 2023. Final Transaction Details:  1.Cash Consideration: The Company received a final cash payment of $1,393,430, representing the complete settlement of all cash obligations related to the transaction as outlined in the Purchase Agreement and the Master Referral Agreement.    2.Allocation of Funds:   o$1,379,496 was allocated to the closeout of the Master Referral Agreement, fulfilling all obligations under said agreement.    o$13,934 was allocated towards the acquisition of intellectual property including the website www.recruiter.com and associated assets.   3.Intellectual Property Transfer: The Company has transferred all rights, titles, and interests in the intellectual property and associated assets to the Buyer, ensuring that all such properties are free of liens, encumbrances, or claims.    4.Additional Provisions:   oAccess rights to the Recruiter.com trademark will be transferred to the Buyer within forty-five days following the Effective Date.    oThe Recruiter.com domain access will be transferred within three days of the Effective Date.   5.Joint Venture Agreement Termination Option: The transaction grants Buyer an option to terminate the existing Joint Venture Agreement, with specific terms regarding the termination fees based on the timing of the exercise of this option.    6.Equity Compensation: The terms for the delayed physical delivery of the "Stock Payment" have been amended to allow a forty-five day extension from the Closing Date, under Section 2.05 of the Purchase Agreement.  This transaction signifies the completion of a portion of the planned strategic repositioning for Recruiter.com Group, Inc., allowing the Company to focus on its core competencies and future growth opportunities while ensuring that all related obligations are met and assets are appropriately transferred. https://www.otcmarkets.com/filing/html?id=17853001&guid=pbY-kHoLhgikdth

Purchase agreement Section 2.05
Section 2.05 Purchase Price. The aggregate purchase price for the Purchased Assets, subject to adjustment as provided herein (the “Purchase Price”), plus the assumption of the Assumed Liabilities is: (a) One Million and Eight Hundred Thousand dollars ($1,800,000) in cash paid as follows: (i) One Million Five Hundred Thousand dollars ($1,500,000) paid on Closing directlv to Seller (the “Initial Cash Payment”) in immediately available funds to the account designated by Seller prior to Closing; (ii) Three Hundred Thousand dollars ($300,000) paid as follows: (A) One Hundred Fifty Thousand dollars ($150,000), subject to any Adjustments provided for herein, to be released to Seller 2 months after Closing; and (B) One Hundred Fifty Thousand dollars ($150,000), subject to any Adjustments provided for herein, to be released to Seller 4 months after Closing. (iii) Should Buyer fail to make the the payment due pursuant to Section 2.05(a)(ii)(A) within 5 business days of when such payment was due, whether or not Seller has provided notice of such default, then Seller shall be entitled to liquidated damages of $150,000 that shall be immediately due and owing. (iv) Should Buyer fail to make the the payment due pursuant to Section 2.05(a)(ii)(B) within 5 business days of when such payment was due, whether or not Seller has provided notice of such default, then Seller shall be entitled to liquidated damages of $150,000 that shall be immediately due and owing. This shall be in addition to the liquidated damages should Buyer fail to make the payment due pursuant to Section 2.05(a)(ii)(A). (b) The Seller shall receive an allocation of shares in the Series A Preferred Stock of the Buyer, such that it constitutes ten percent (10%) of the fully-diluted ownership stake in Job Mobz, Inc., inclusive of all local, related, and incorporated entities that constitute the totality of the Job Mobz business. The shares are subject to the conditions outlined in the Shareholders Agreement (referenced herein as Exhibit F), which will be in effect as of the closing date. The shares will be issued directly to the Seller and referred to as the “Stock Payment”. Any profits generated from these shares will be distributed on a quarterly basis, contingent upon the decision of the Buyer’s Board of Directors.
https://www.otcmarkets.com/filing/html?id=16881731&guid=pbY-kHoLhgikdth

From this article. Pretty sure it's identical in the filings. 

The acquisition agreement features:$1.5M in cash at closing;An additional $250K payable within 90 days from closing;Shares comprising ten percent (10%) of Job Mobz, a private California corporation that forecasts 2024 revenue in excess of $50 million with net profit margins of approximately 15-20%;Quarterly profit sharing expected to begin in Q1 2024; andA 3-year services agreement.
https://finance.yahoo.com/news/job-mobz-acquire-iconic-recruiter-120000029.html

I guess the question would be how is that 10% accretive to AESO? Meaning what amount of revenue flows to AESO? I cant remember the deal, do they get a certain percentage of their profits or revenue?

I could see CognoGroup acquiring some of these small startup AI companies.  Miles has interviewed a few.  

Theoretically Yes. 

Comes to around $1/share? JMHO

So the Cogno group equity stake remains but now with no dilution? Take half and say of 500 mil, so 10% with a 50 mil OS of AESO. Also that income is all profit very little expenses. Just do the math. Jmho

Wouldn't that give CognoGroup some serious cash flow?

What does CognoGroup's 10% equity stake equate to for a company with a $1Billion Valuation? I'm genuinely being serious with this question. 

https://x.com/jessetinsley/status/1866683648327721385?s=46&t=_YLIoordtKZeFPbQ_4Ezxw

I grabbed some.

Join us.......

I just bought about 20,000 - that's all that was there.

Nice grab. cant allocate anymore to this one. wish I could average down some. If it gets really low Ill nibble for sure. I think its just a function of the delays.

Thanks whoever sold me that 50K. I'll get more if it keeps going lower. Waiting for now. 

I just painted it back up. Although I am thinking we should allow the ask to drop below 1! 

Good averaging down opportunity.

I think someone is just fishing for shares. IMO

All I posted was Miles interest in Utilizing GPUs like those used for crypto mining seems to be the future of AI. I suggest checking out some of the things he shares or likes on LinkedIn. One of the Board members Deborah Leff at RCRT / NIXX is using it for AI /Analytics. I am only speculating it could be something similar. 
There was a discussion about why the load screen at PrimeGPU had a Vitesse chip. The company that bought Vitesse appears to be doing some GPU work to stay relevant. 
That's really all, simply guessing though. 

Other than what Gman has posted, I have no other information. Intriguing but unclear the impact.

What do you think this PrimeGPU thing is?  To me that's the most interesting aspect of what's been announced 

My guess is someone doesnt want to wait for the build out spin out. I can hold

Yeah looks like there is someone trimming shares. As of now its small amount and the ask is still at .02. so retail seller looks like.

Looks like I need to slap again?  Someone selling into the bid the morning 

thanks for taking one for the team stonks!