TJG
10 시간 전
Lets get some things out in the open shall we... first of all anyone who comes here and has looked at the chart, or has done some DD on these background of AFFU by reading posts here will see these facts. Since October I and a few others have put up the Share Structure from the previous time the Transfer Agent put it up as a new entry.
We have documented the increase in the shares for these months, Oct, Nov, Dec and Jan. Its real easy to see that since that started there have been over 800,000,000 shares add to the unrestricted and the Held at DTC. Which tells anyone with have an ounce of OTC trading skills that there has been dilution. I dont think anyone is trying to hide that fact.
We also have put up pages and pages of DD on what this company does, what it owns, what it is acquiring and who they are partnered with. The facts are varified that they are partners with Dell Technology, a multi billion dollar market cap company, they are partners with Orange Business a multi million dollar European company, they are a partner in the 500 Billion dollar Saudi Arabia Smart City, which is currently being built and has a completion date of 2030. This is not a fly by night OTC trips stock.
We have answered on multiple occassions as to where all of this dilution came from... it spawned from the fact that Affluence Corp purchased OneMind Technology just before the Pandemic started in April of 2020. The Pandemic through a very large monkey wrench into the plans of OneMind Technology becoming a major player in the IoT as well as the new and up coming Smart Technology. OneMind was put on hold until mid 2022. Affluence had to keep their investment afloat and they had no money coming in. The WORD was on Lock Down if you will recall. So toxic financing was the only place to turn to.
Fast forward to Aug of 2024 OneMindNG was ready to bust out and along with it Affluence was ready to expand... they made a deal to acquire MTi, another million dollar company in Europ. Along with this deal it was decided that all of the toxic debt would be sold off and when done they would be debt free and ready to move forward. The move also included, per the company, additional acquisition...which leads us to where we are. No one knows how much of the debt that was accumulated in 2020.2021 and part of 2022 translated into what amount of shares to get it all converted. We longs and all of the new investors, new being lass then one year, certainly hope its done soon.
Now lets look at where we are today, when a new investor comes along and sees that this board has a Red Flame on it, that is an IHUB signal that this is a hot topic board... they see this is in trips and they see that the share structure is over a billion in the OS... its only natural for anyone who plays the OTC to wonder if there is talk of a RS... but once asked and answered that should be the end of that singular person asking the question... if he or she asks it again then they are here for a negative reason... looking for cheaper shares is the most common reason.
Now here is my suggestion to anyone who is wondering about that topic... if you do not know about the Daily List the link to it is at the bottom of this post. That link takes you to FINRA... there on the Daily List you will see what stocks are in the process of doing a RS. FINRA posts them through out the day, The date of the post the RS will go into effect the next day... unless its a Friday then it will go into effect on the following Monday. Now the fact of the matter is, FINRA has no say so in if a company can or can not do a RS. That is the sole discretion of the company itself. In 95% of the cases the BOD of a company does a RS if its a Pinksheet Current company...if its a fully reporting OTCQB company then the shareholders must approve the RS.
If you want to know if a RS is coming and you want to know when, then look at the Daily List several times a day... they updated it from 7 am to 5 pm. I look 4 times a day... unfortunately most people seem to think the best way to do Due Diligence is to go to a message board and ask someone what is going on with a stock. They do zero DD. But thats a story for another time. Currently there has been no discussion from the company about a RS and frankly with everything they have in the pipe line, based on my 20 years of OTC trading I do not think they will consider a RS until they have this where they want it, and an RS will be one of the tools they use to move to a higher exchange... IMO they are at minimum one to one and a half years away. Once they are debt free this will begin to move upward just on expansion, revenue and internal growth and profit.
One last thing, if you you open the Daily List and you see the stock symbols that are listed... the symbol on the Left is the current symbol...when you see that symbol listed on the right side of the column and it has a D at the end of it...then the company attached to that symbol is going to be doing a RS effective the next day. Move all the way to the right in the column labeled Details and click on the Folder and you will see what the ration of the RS is going to be.
Good Luck
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
DTGoody
1 일 전
AFFU is in much better shape than those other ones. Our market cap is an absolute joke with lots of room to run:
AFFU Security Details
Share Structure
Market Cap Market Cap
752,544
01/31/2025
Authorized Shares
4,000,000,000
01/17/2025
Outstanding Shares
1,505,087,348
01/17/2025
Restricted
500,847,878
01/17/2025
Unrestricted
1,004,239,470
01/17/2025
Held at DTC
882,589,762
01/17/2025
DTGoody
1 일 전
Here's the other one! So as long as the AFFU dilution comes to an end soon we will be fine:
RITE Security Details
Share Structure
Market Cap Market Cap
9,999,887
01/31/2025
Authorized Shares
5,000,000,000
01/27/2025
Outstanding Shares
4,347,776,842
01/27/2025
Restricted
10,538,471
01/27/2025
Unrestricted
4,337,238,371
01/27/2025
Held at DTC
3,806,110,717
01/27/2025
Float
4,346,783,061
04/08/2024
Par Value
No Par Value
Market Value calculated only for respective security
DTGoody
1 일 전
Look at this just goes to show you any of these can run hard with the right news. AFFU is sitting much better than IGPK:
IGPK Security Details
Share Structure
Market Cap Market Cap
35,633,607
01/31/2025
Authorized Shares
10,000,000,000
01/31/2025
Outstanding Shares
8,691,123,649
01/31/2025
Restricted
5,941,304,418
01/31/2025
Unrestricted
2,749,819,231
01/31/2025
Held at DTC
2,495,541,350
01/31/2025
Float
2,803,317,059
05/10/2024