공시 • Oct 21
Affluence Corporation (OTCPK:AFFU) executed a letter of intent to acquire Universal Call Limited. Affluence Corporation (OTCPK:AFFU) executed a letter of intent to acquire Universal Call Limited on October 20, 2025.
The transaction is subject to approval by regulatory board / committee, definitive agreement and subject to shareholder approval. 공시 • Nov 20
Affluence Corporation Announces Board Changes Affluence Corporation provided an update on Affluence Corporation and the composition of its Board of Directors. On October 14, 2024, James E. Honan, Jr., Chief Executive Officer and member of the board of directors of the Company, and Dale Haase, a member of the board of directors of the Company, resigned as members of the board of directors of the Company. Neither Mr. Honan nor Mr. Haase noted any disagreements with the Company or its Board. Mr. Honan will remain as Chief Executive Officer of the Company. In addition, on October 14, 2024, Michael Balkin and William Gonyer were appointed as members of the Board of Directors of the Company. William Gonyer is an independent contractor performing accounting, investment evaluation, and due diligence services. He was certified as a public accountant (CPA). He has worked in the field of accounting for over thirty (30) years. He has held positions at Will Stephenson Advisory (seven years, 2017 to present), Gold Coast Associates (six years, 2010 to 2016), Broad Street Banking Associates (two years, 2008 to 2010), Natixis Capital Markets (ten years, 1998 to 2008), Swiss Bank Corporation (six years, 1991 to 1997), and Price Waterhouse Coopers (five years, 1986 to 1991). Mr. Balkin has over 35 years of capital market experience working with both public and private companies and is currently CEO of MPB Enterprises. MPB Enterprises is a senior strategic advisor to multiple public and private companies as well as the Wasson Enterprise family office. He is currently the Chairman of the Board of Performance Health Systems, LLC and was a member of the board of managers of Innventure, "INV", an Intellectual Property-based development company co-founded by Greg Wasson. He is also on the Board of Directors of Horizon Technology Finance Corporation "HRZN" and recently served as the Chief Executive Officer and a Director of a public company called Foresight Acquisition Corporation, where he led the merger with a $2.2 billion-dollar private health care company. Prior to Foresight, Mr. Balkin was a partner and formerly the co-Manager of the William Blair Small Institutional portfolio and the William Blair Small Cap Growth Fund, which he and his partners started in 1999. The current composition of the board of directors of the Company is Rohan Chanmugam, Michael Balkin and William Gonyer. No equity or ownership of the company was sold, issued or assigned as a result of the Board appointments. 공시 • Jun 28
Affluence Corp. Appoints Yossi Hazan as Chief Financial Officer Affluence Corp. d/b/a Durham Black Inc. announced the appointment of Yossi Hazan as its Chief Financial Officer (CFO). Mr. Hazan is responsible for Durham Black's financial stewardship and company financial reporting. Mr. Hazan brings over 25 years of diverse experience in finance and accounting to his role. Before joining Durham Black, he served as the CFO at Connectbase, Invoke, ModoLabs, PeerApp (acquired by ESW Capital), and Enigma (acquired by PTC). Mr. Hazan has hands-on experience with software and services companies, serving as a senior financial executive with expertise in corporate finance and controllership, financial reporting, planning & analysis, operations, business development, and merger & acquisition. Mr. Hazan led $80 million in global mergers & acquisitions for several software companies and raised over $125 million in institutional and private equity over several financing rounds. 공시 • Jun 05
Affluence Corporation announced that it expects to receive $22 million in funding Affluence Corporation announced that it will receive $22,000,000 in funding on June 3, 2024. The company will issue common shares in the transaction. The minimum investment accepted from any outside investor is $10,000. The company will issue securities pursuant to exemption provided under Regulation D. The company will pay $1,320,000 as sales commissions in the transaction. 공시 • May 31
Durham Black Inc. Announces Management Changes Durham Black Inc. announced the appointment of Mary Stanhope, as the company's President and Chief Operating Officer (COO), effective immediately. Mary will have responsibility for operational oversight and strategy of the holding company and its subsidiaries. She will also serve as a member of the company's Board of Directors. Durham Black also announces the expansion of its Board of Directors from three to six members, underscoring the company's commitment to enhancing expertise and governance as well as driving sustainable growth. Robert Pollan will join the Board as an independent director, stepping into the role of Chairman; and recently announced CEO and Board Director, Patrick Shutt, will take on the role of Vice Chairman. The newly expanded Board of Directors brings together a diverse group of accomplished professionals with extensive experience across the connectivity market in operations, investment, and revenue. The new board members will play a pivotal role in providing strategic guidance, overseeing corporate governance, and executing Durham Black's overall vision to drive digital transformation across the global communications market by providing highly innovative asset light software and solutions. This forms part of the company's ongoing strategy to add operating and industry experience in order to drive growth and expansion throughout the business, and in turn create shareholder value. Robert Pollan, an experienced executive with more than 35 years of global investing, operating, and board experience, sharesMary Stanhope, an executive passionate about technology innovation with over 30 years of global mergers and acquisition experience. The robust team brings unique perspectives and strategic insights that align with Durham Black's objectives to unlock new markets by expanding the company's addressable market into the $1.7 trillion global communications market, to invest in asset-light innovation, and create sustainable value for all stakeholders. 공시 • May 21
Affluence Corporation (OTCPK:AFFU) completed the acquisition of Durham Black, LLC. Affluence Corporation (OTCPK:AFFU) entered into strategic intent to acquire Durham Black, LLC on January 30, 2024. Patrick Shutt will be named Chief Executive Officer and Chairman of the Board and Mary Stanhope will become Chief Operating Officer. transaction is subject to definitive agreement and consummation of due diligence.Affluence Corporation (OTCPK:AFFU) completed the acquisition of Durham Black, LLC on May 20, 2024. The merged company will operate as Durham Black Inc. and continue to trade over the counter on the Pink Market with the ticker symbol AFFU. James E Honan, Jr, who has served as the CEO of Affluence Corp since 2019, will be transitioning from his position to continue to serve as a member of the Board of Directors. 