Penny Traders Club

[Gold prospector]

AMFE: Here is a list of upcoming future events that have been mentioned in previous PRs. Some are due any day now, including the share reduction, which the paperwork has already been submitted on...

1) 40% share reduction...

On January 13th 2017 the amendment to our articles was filed with the Secretary of State to create a preferred class of securities. Once this process is completed, there will be a reduction of over 40% of the outstanding share count. We expect the process to be completed shortly and will provide an update once finalized. The public float of the company with the DTC remains unchanged to date at 192,860,481.

2) Grozone Joint Venture news...

Further to the launch of the GROzone sales initiative, Amfil Technologies is in discussions with a company that produces a revolutionary 'rotary' hydroponic growing system, which is poised to be the future of the production and manufacturing side of the industry. The 'rotary' system requires only a third of the floor space required by traditional hydroponic systems. This system is also stackable, which makes it possible for facilities to exponentially increase the volume of their production yields. Amfil is in discussions to create a customized GROzone system that would be sold as an add-on to the existing systems this company creates and sells. We hope to announce the closing of this deal in January 2017.


3) Acquisition...

In order to properly meet the across the board demands that we know is needed to facilitate a large expansion Amfil Technologies Inc. is looking at potentially acquiring a company that it has been having discussions with regarding this process. This company appears to have the knowledge and technical skill to assist the company to franchise out our existing subsidiaries. It is potentially a great acquisition for under the Amfil umbrella to synergize the internal workings of each subsidiary to prepare for large scale expansion. Specializing in organizing processes that automate the completion of financial reporting, tax compliance and streamline the large scale purchasing, accounts receivable / payables and the many other systems needed for multiple locations and businesses. This potential addition could prove to be a major cog in the Amfil wheel of planned expansion and franchising of its existing subsidiaries.


4) Three new company owned Snakes & Lattes/Lagers locations + Franchise agreements... which will be several major events...

The first goal of Amfil Technologies Inc. with regards to the recent acquisition is to assist and help support the team in place open an additional three Snakes & Lattes locations to add under the umbrella. We are currently and will be in the near future working on finalizing the franchising agreements so future would-be owners can gain access to the brand and help an exponential expansion. The company has been contacted by various potential candidates from all across North America looking to get into the business and wanting to purchase a franchise.

5)The commercial + Retail push for their GrowZone products is beginning...

December 28, 2016 /Amfil Technologies Inc. (OTC-PINK:AMFE) is pleased to announce the appointment of Mr. Brian Allossery to spearhead the sales and marketing effort of the company's GROzone technology for the medical marijuana industry. Mr. Allossery has been active and successful in the marketing and development of early stage companies and products since 1996 and Amfil expects he will be an integral asset to the company as we begin the marketing of the GROzone product lines on both the commercial and retail level.

6) The stock is holding over .01, which means they can uplist to the OTCBB soon... Many people cant buy this right now, until they are on the OTC. This could boost interest big time.

Eligibility Requirements

Meet minimum bid price test of $0.01
Not be in bankruptcy
Be listed on a Qualified Foreign Exchange or be a U.S. Reporting Company (SEC, Regulation A or U.S. Bank)
Submit a Letter of Introduction from a firm qualified to sponsor companies on OTCQX (International Reporting only)
https://www.otcmarkets.com/services/companies/otcqb/requirements

7) They're also planning to Franchise for the Interloc-Kings sub, but its hard to cut and paste info correctly from the Annual.

8) Continued revenue growth for multiple subs, etc

The list is long... im sure im missing some things. If anyone has one to add, let me know.