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AMFE appears to be positioned for a nice reversal into an uptrend based on chart observations and pending updates from the company.
Therefore...
If I were looking to add to my position, or had sold at higher prices and was looking to get back in on the cheap, I'd either paint a doom and gloom picture to buy back in at this point at the lowest price possible, or just keep quiet about any bullish reversal and positive sentiment so I could buy back in quietly, without assisting in the pro AMFE view, until I had bought back in.
This is NOT my situation, but I think it makes sense why the board may be quieter than usual...??
Go AMFE
Rec
Yes, I was just highlighting what I believe to be the strongest chart pattern that bodes well for a reversal to the upside.
A word about charts AND Level 2 quotation:
Both show a general direction like a map of a hiking trail that's been well travelled. Over the years, hikers made news trails as they became used to the normal trail on the map and started exploring.
It's easy to be pulled off the main trail. But experienced hikers still use the map as a basic guide. It is most useful as it shows the basic essentials, start and end points, areas of danger and welcome, and how to basically navigate the area.
I believe charts and Level 2 are essential maps one needs when hiking in the OTC.
I use both to gauge general direction.
Even though I'm not trading AMFE, I still enjoy watching, studying, and expanding my knowledge on everything AMFE. And I always have the L2 and chart map for the AMFE trail handy!
Go AMFE
Rec
Bottom bollinger band was hit and previously signaled trend reversal to the upside. The pattern has been established.
With all the upcoming catalysts that have been shared here, I believe AMFE is primed for another large move to the upside.
I'm glad you took a look at AMFE Panzer :)
Here's the annotated chart below.
Go AMFE
Rec
Thanks PistolPete for posting these AMFE charts. Different chart parameters, help everyone based on their individual preferences and observations.
Go AMFE
Rec
Strongest indicator of reversal I see in charts: bollinger bands.
Aside from news, the bollinger bands show strength moving forward.
The bottom bollinger band has acted as strength before previous breakouts.
Consolidation phase number 1 hit the bottom bollinger band at .013 and saw a move to .095.
Consolidation phase number 2 hit the bottom bollinger band at .058 and saw a move to .235.
The bottom bollinger band was hit today at .16, and based on the historical pattern, this looks like the bottom. What will we see on the next move?
.16 - ??
It won't necessarily move to new highs overnight, just as the last moves from .013 - .095 and .058 - .235 took several weeks. But the key is that, it appears we've hit a key trigger reversal point.
Go AMFE
Rec
AMFE chart and link to my explanation earlier on bollinger bands.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134144149
Go AMFE
Rec
This pattern is exactly what took place from .013 - .095, and then from .058 - .235. Now from .16 - ?
The bottom bolly has acted as stronger support than the 50 day moving average.
I'm not worried if this pattern doesn't play out as it has in the past, because the fundamentals, more so than charts, will always play in the favor of investors. And the fundamentals behind AMFE are extremely strong!
See chart below:
This very healthy chart history has held up for months on end and I expect it to stay the course, especially with all that investors know currently, and what's coming!
Go AMFE
Rec
Brought a friend in today for $30K+.
Another 200,000 shares taken from the float that will be held long.
I originally asked if they were willing to put $500K total worth of bids and buys.
They gave me the green light for $30K initially.
Good thing I originally asked for $500K, otherwise I may have only gotten a few thousand to use, lol.
This friend has followed since I was in their ear around .06. Finally decided to take a position today.
This is how a lot of investors with big money buy. They wait for confirmation and then buy.
Bigger buying behavior like this will likely happen when we uplist, but on a larger scale.
Go AMFE
Rec
It's nice that you have a solid investment portfolio in other stocks.
I've had T for a long time for their strong dividend.
Also have TWX, common, stock options, and RSU's that will automatically become free trading once the T / TWX deal goes through. Part of how T is working to keep TWX employees on board until their acquisition is finalized :)
Smaller positions in other blue chips, but nothing like T and TWX.
Have 401K invested in aggressive funds, don't really pay attention though...someone else manages that.
Then there's a bunch of other free riding OTC positions that just bounce around a little.
Tempted to sell small amounts of T and TWX that would allow me to play some serious games with the market makers in AMFE. But I just don't want to take that risk (even as low as it seems), when I already have a respectable position in AMFE.
Continued success to you Plow and all others in AMFE!
Respectfully,
Rec
Agreed! Real locations with daily incoming revenues.
I have a bunch of random products, gadgets, and services used once or twice from other OTC companies I've traded over the years.
But looking at the products and services that I own or have used, those have become one off microscopic revenues for the other companies that helped fuel a short term "pump and dump" rally/scheme.
Taking all those OTC products and services today, and seeing where the corresponding stock trades today vs. when I bought or used the product and service, well...they're probably all junk now.
This is what sets AMFE apart from all others. Just look at their actual REAL business! Brick and mortar, distribution channel, publishing, etc etc. It's set up for sustained recurring revenues for many years to come. This is why AMFE is such a great long term stock to own. Explosive long term growth, supported by the soundest of fundamentals when it comes to the business at hand.
Go AMFE
Rec
I love seeing information shared in new ways!
It's fascinating how the numbers correlate, but not surprising to see a mirrored effect. Other chart technicals show similar patterns developing. But, this is a new way to share information, which again I enjoy seeing.
Furthermore, you remind others about the importance of audits and how brokerage firms and other financial institutions will update their data, that reflects the actual figures of AMFE's share structure.
Your other observations are also well worth repeating.
I know it was quite the undertaking to put all of this together. It's deserving of a reply saying thank you and well done.
Go AMFE
Rec
Know what I own in AMFE and holding long!
Solid day today for SIPC!
Rec
Solid post Rocket, I like this one a lot!
Strength in numbers as you said.
Just as some diversify their portfolio holdings to spread risk, within an individual stock, this same dynamic works. The wider or more diversified a shareholder base, the stronger and more stable it becomes.
No one knows exactly how they will react to an ever changing landscape of a growing company and its corresponding share price, but with AMFE, I've held through all dips and have every intention of holding as long as the company continues advancing.
And at this stage, based on how everything is being set up, there's massive growth for the foreseeable future.
Go AMFE
Rec
Taking individual days out of context, one can always place a positive or negative spin.
Taking your words at face value, I guess it's good that there are far more days we don't have AMFE news.
And those non news days, must be very fruitful because the share price, even after today is much higher than before.
And respectfully, I will bow out of this conversation now. You have your way of viewing things, and I have mine.
Go AMFE
Rec
The true intention of a PR should be to inform shareholders of any new information or updates.
There are varying degrees of other factors outside any individuals control, that affect the share price performance.
This is exactly why I try to have a zoomed out view.
Also, there is a way to analyze a stock using a PIE analysis. I shared this a while back. Basically PIE = Performance, Image, and Exposure.
Performance counts for only 10% of how a company should be judged. If the image and exposure are strong, performance will follow.
In my view, AMFE has a healthy image and exposure score. I'm confident the share price performance will eventually fall in line and take care of itself because of this.
Here's the PIE analysis post I spoke of if you care to look back.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131931761
Go AMFE
Rec
Franchising is how a local success story goes big.
Snakes and Lattes has earned its place as the leader in gaming cafes.
Establishing a business in distribution and publishing, further solidifies the growth prospects as franchises start opening in other markets.
Today's news is solid as it demonstrates the foundation is being set for further growth, well into the future.
This is the kind of news that "investors" want to see. "Traders" look for short term catalysts.
Fortunately, AMFE has delivered on both short term and long term catalysts.
Go AMFE
Rec
A short term outlook on an emerging company like AMFE will ultimately leave one with the "coulda woulda shoulda" mentality.
In most cases, the OTC provides quick fast and furious moves intraday and allows some seasoned "traders" to make profitable trades.
At times, AMFE has fallen prey to the guilty by association factor of trading on the OTC. But it's the seasoned "investors" who see beyond the short term intraday price movement that have the most to gain.
Having a long term outlook on AMFE has given me far more to be joyful about than any frustration felt from short term price swings to the downside.
Zoom out and focus on the big picture. It's the view that AMFE has earned!
Go AMFE
Rec
AMFE picture and words. Chart and brief comments.
Increasing volume on higher accumulation is bullish.
Look at the A/D line and volume since mid July.
Sustained higher price levels are building a new base. All the activity between .165 - .235 have been shorts, flippers, and big money working to get their piece of the pie.
Longs are also in the mix, doing a fantastic job of holding their shares and going in for more pie.
The bollinger bands are forming the same pattern as they were during the last two consolidation phases before the price broke out two times, once in late March 2017, and again in mid July 2017.
If we have to bounce around in this .165 - .235 channel and consolidate at these higher levels, I'll wait patiently, just as many did the last channel. The price has doubled since then. And I see a minimum double again.
I'll keep my shares parked here because the fundamentals AND charts are screaming BUY, HOLD, BUY MORE, HOLD!!
Go AMFE
Rec
The Accumulation/Distribution (A/D) line does not correlate with the number you see off to the side.
Logically speaking, yes...as accumulation rises, the float becomes tighter because accumulation suggests more buying and accumulating or holding vs. selling and distributing or giving away.
When A/D line turns upward, and the price has been in a downtrend, it suggests buyers view price levels as bottoms and they're buying in.
When A/D line turns downward, and the price has been in an uptrend, it suggests sellers view price levels as peaking and they begin to sell.
In the case of AMFE, the A/D line has been on a slow and steady rise over the last 6-7 months. The stock price has also been in a slow and steady rise over the same period of 6-7 months.
This is as bullish as it gets! Investors are buying and holding, AND the price is in an uptrend.
This suggests investors still see higher price levels to be had.
The A/D line is one of my favorite technicals to track. It suggests general direction and the direction is up.
Go AMFE
Rec
All of this trade activity is as much about making money for a short position, or an investor/investors who didn't buy in at much lower levels.
This is how big money builds a big position before they let it go.
The best analogy I can use is AMZN.
AMZN had debt up the wazoo and kept adding more to build out their brand and company. Smart investors saw what AMZN was doing and bought the stock in droves, all the while shorting the stock, then letting it breath, shorting again, letting it breath, etc etc.
It was only a matter of time before AMZN would become profitable with the amount of revenues they were bringing in. They went to extremes with their debt in order to build such a massive business for themselves, that they eventually became a mega success.
There's no doubt in my mind after seeing the swings in the last month or so, that big/smart money is involved in AMFE, and doing everything in their power, even risking building a huge short position, to amass a fortune throughout the entire process of AMFE's rise to fame.
Remove yourself from the daily action if it's too difficult to handle the swings. Or sell and move on, just don't look back down the road.
Go AMFE
Rec
If you really want greatness, you have to do the ugly boring stuff first.
A superstar isn't born overnight. It takes dedication to ones art form. Practice, hours upon hours of doing the boring warm ups and exercises, programming those technical and mechanical movements so they're so engrained in ones core that they don't have to think about it when they're in front of millions of people performing their craft.
Pay attention. AMFE is the kid in the last practice room of a long hallway who's been putting in the hours on a daily basis for hours, months, even years, practicing, building the fundamentals, and putting in the work.
The time to shine and perform on a national level in front of millions is soon upon this talent.
AMFE has ruled in a small market, but outgrown its local roots. Watching for the national unveiling of this "talent" via franchising, will catch the world by storm and we'll see the efforts of all those practice sessions soon pay off as the career of a superstar is just beginning.
Go AMFE
Rec
All recent news is exciting when you focus on the big picture!
Too often investors are looking for that HUGE PR with multi million dollar contracts and PO's, etc.
These may appear to be boring updates to some, but AMFE is taking all the steps to build their company and set themselves up for LONG TERM SUSTAINED SUCCESS.
It is my strongest belief that the market will figure itself out and AMFE will end up at much higher price levels.
With respect to happiness and wealth, thhose who aren't seeing the big picture will take their profits and be happy near term. Those who hold long, will be in a position to accumulate great wealth and have happiness long term.
Go AMFE
Rec
Buying a stock before it has its IPO?
AMFE is executing and taking the same steps as other large cap stocks take pre-IPO.
The majority of times, the steps being taken by AMFE to build their company and brand, are done at the private level, and then the company IPO's, allowing the broader investment community to invest.
If you could have, would you have invested pre-IPO at a much lower cost in companies like Chipotle and Shake Shack? Or even In N Out Burger if they ever IPO?
The opportunity is at hand with AMFE. It's already trading publicly though so one can buy into a company making huge strides in becoming a major household brand name.
If AMFE were pre-IPO, I believe investors would be watering at the mouth to get in once it IPO'd.
In a sense, once AMFE uplists to OTCQX, I'm sure we will have new investors looking to buy in, who are presently watching AMFE as if it were in pre-IPO stages.
Go AMFE
Rec
Brick and Mortar
Distribution (Exclusive)
Publishing
And Franchising
AMFE's taking amazing steps to properly grow Snakes and Lattes into a successful franchise and international brand.
They have brick and mortar, exclusive distribution, franchising in the works, and publishing!!
BRICK AND MORTAR
The table has been set with the core Snakes and Lattes brick and mortar retail locations, with the flagship franchise model opening next month. Brick and mortar has proven to be the sturdy backbone of most successful businesses.
DISTRIBUTION
The gaming distribution side is growing into a HUGE PROFIT CENTER with exclusive distribution rights to wildly popular game titles like Cards Against Humanity and Exploding Kittens (and likely Bears vs. Babies).
Exclusive distribution rights on these popular titles include massive territories including all of Canada, and parts of Europe, and Southeast Asia.
If you have exclusive distribution rights on the products or services you offer in your brick and mortar locations, you're able to monetize outside of the physical reach that a typical brick and mortar setup provides.
FRANCHISING SNAKES AND LATTES
As future locations open via
franchising in the US, the popularity of Snakes and Lattes will allow them to LEVERAGE THEIR BRAND as they negotiate larger and larger deals that will be new PROFIT CENTERS we haven't even thought of yet, and help to bring on more exclusive gaming titles.
Franchising is needed to build widespread brand awareness. The start of franchising signals major proven success within a smaller entity that is ready to go big time.
SNAKES AND LATTES PUBLISHING
AMFE established a publishing division and recently did its first publishing deal. As the popularity of their brand grows, via franchising opportunities, more and more game creators will want to align themselves with a popular publisher.
Publishing combined with being the exclusive distributor, pays on all fronts.
As all the necessary parts of the puzzle are falling into place for the Snakes and Lattes division of AMFE, it won't be long before the foundation is so strong, that it just keeps fueling itself to bigger and bigger growth!!
And to think Snakes and Lattes is just ONE division of AMFE. Investors still have the massive potential for the Gro3 "marijuana" division and the yet to be determined spinoff / acquisition of Interloc-Kings.
Long AMFE!
Rec
The steps toward OTCQX uplisting are also coming together.
From what I recall, as of earlier today, there were only 4 items left on the list that AMFE had to accomplish in order to uplist.
1 A board of directors
2 Letter of recommendation from an approved sponsor
3 .25 bid price for minimum period of time
4 Audited financials for 3 years
1 I think tonight's news was the first mention of a board of directors. Cross that off the list. Congrats to Ben Castanie (founder of Snakes and Lattes) on his newly appointed position to the board of directors.
2 I've stated my opinion that AMFE may already have a sponsor (investment bank) in place, helping AMFE get to that minimum .25 requirement.
3 AMFE is inching closer and closer to that .25 price point
4 AMFE has an auditor in place and an estimated completion date for the audits within the next 2 months
Were it not for the exchange AMFE currently trades on (OTCPINK), the wider investment community would be head over heals for the kind of news we've been getting and the steps AMFE is taking to become a big time player within its sector.
The majority of times, these kind of moves are done when a company is still private, working to get an IPO on a major exchange.
Investors here have the amazing opportunity to buy in before it goes big. And when I say big, I'm talking OTCQX first, and then eventually NASDAQ.
Unless you were extremely well connected with a ton of money, you weren't able to invest in companies like FB, TSLA, or V before they IPO'd.
Guess what...? There's an opportunity to buy into a company making similar moves that most other companies went through before they IPO'd. Not saying it's as big as FB or the others, but you get the point...
It's called AMFE :)
Best to all here who have the vision and stamina to hold long!
Go AMFE
Rec
WOW! AMFE's taking amazing steps to properly grow Snakes and Lattes into a successful franchise and international brand.
They have brick and mortar, exclusive distribution, franchising in the works, and publishing!!
BRICK AND MORTAR
The table has been set with the core Snakes and Lattes brick and mortar retail locations, with the flagship franchise model opening next month. Brick and mortar has proven to be the sturdy backbone of most successful businesses.
DISTRIBUTION
The gaming distribution side is growing into a HUGE PROFIT CENTER with exclusive distribution rights to wildly popular game titles like Cards Against Humanity and Exploding Kittens (and likely Bears vs. Babies).
Exclusive distribution rights on these popular titles include massive territories including all of Canada, and parts of Europe, and Southeast Asia.
If you have exclusive distribution rights on the products or services you offer in your brick and mortar locations, you're able to monetize outside of the physical reach that a typical brick and mortar setup provides.
FRANCHISING SNAKES AND LATTES
As future locations open via
franchising in the US, the popularity of Snakes and Lattes will allow them to LEVERAGE THEIR BRAND as they negotiate larger and larger deals that will be new PROFIT CENTERS we haven't even thought of yet, and help to bring on more exclusive gaming titles.
Franchising is needed to build widespread brand awareness. The start of franchising signals major proven success within a smaller entity that is ready to go big time.
SNAKES AND LATTES PUBLISHING
AMFE established a publishing division and recently did its first publishing deal. As the popularity of their brand grows, via franchising opportunities, more and more game creators will want to align themselves with a popular publisher.
Publishing combined with being the exclusive distributor, pays on all fronts.
As all the necessary parts of the puzzle are falling into place for the Snakes and Lattes division of AMFE, it won't be long before the foundation is so strong, that it just keeps fueling itself to bigger and bigger growth!!
And to think Snakes and Lattes is just ONE division of AMFE. Investors still have the massive potential for the Gro3 "marijuana" division and the yet to be determined spinoff / acquisition of Interloc-Kings.
Long AMFE!
Rec
Aug 21, 2017 AMFE news.
Toronto, ONT, Canada -
Amfil Technologies Inc. (OTC Pink: AMFE) is pleased to provide our shareholders and the investment community with an update on the plans for franchising the Snakes & Lattes Inc. retail division throughout North America and beyond as well as on progression within the new publishing division.
Since inception, the Snakes & Lattes Inc. tabletop gaming bars/cafes have made a meteoric rise in popularity and profitability in the 2 locations in downtown Toronto, Ontario. The 3rd and largest cafe/bar location set to open in early September, will be used as the 'flagship' location, which all future locations will be modeled after as the division continues its aggressive expansion plans in the North American markets. With the increasing popularity of the retail locations, patronage has increased to a level where both current locations consistently have line ups and waiting lists of customers waiting for available tables. This increased demand has not only fueled the plans for expansion, but provided further proof of the concept and business model of the cafe/bars and the value of the uniquely specialized 'game gurus' on staff.
With interest in the Snakes & Lattes Inc. retail locations surging at such a tremendous rate, management has decided that the most effective way to supply enough venues to meet the demand from patrons is to begin leasing franchises. This will allow the brand to aggressively expand throughout the North American market at a rate exponentially faster compared to locations being opened entirely in-house. This will also, expedite the profitability of the locations and the revenues being added to the company's bottom line, in turn rapidly increasing shareholder value.
The plan for franchising and expansion is still in the process of development, we are currently in the process of building the required foundation to effectively execute the franchise seamlessly with a first leased franchise targeted to open in early calendar 2018.
The following initiatives are being pursued and will be executed prior to rollout of franchise expansion:
Adding an experienced franchising consultant to management team
The company has been interviewing highly experienced candidates, to join the management team to provide expertise relating to high volume franchising. We have considered a number of highly qualified candidates for the role, including a former VP of a large publically traded entity responsible for the rollout of over 4000 retail locations. We are currently in the process of short listing and determining potential compensation packages or project budgets for the right candidate.
Bringing on the right individual for this particular job will be a huge asset ensuring the smooth rollout of the new franchises, assisting with the franchise structure, recruitment of franchisees, coordination with legal counsel, capital management, marketing, and growth of the franchise/brand.
More details will be announced once decisions have been made and deals have been finalized.
Engaging a franchise specialized lawyer
To work alongside the chosen experienced franchising consultant the company is currently in the process of hiring a lawyer recognized both domestically and internationally who specializes in franchising to help with the setup as well as purchase and sale of franchise systems, the drafting and updating of franchise agreements and franchise disclosure law compliance among other things. The company expects to have the whole franchise team in place and ready to go in Fiscal Q2 2017.
Snakes & Lattes Head Office/Franchise Headquarters
With Snakes & Lattes Inc. ramping up the brand and exposure to its various divisions as well as the upcoming roll-out of the franchise model, it was deemed necessary to create a Snakes & Lattes Inc. management office / headquarters. Needing a proper space to work on the business and expansion side of the company, as well as to invite suppliers, potential customers and / or franchise owners, a space has been rented and construction will begin on the new Snakes & Lattes Inc. headquarters in September 2017 with an expected move-in ready location by October 2017.
Cloud Accounting Software Acquisition
In our news releases published on November 16th 2016 and March 8th 2017, we mentioned a potential upcoming acquisition of a company that would assist with synergizing the internal workings of each subsidiary to prepare for large scale expansion and franchising opportunities. This company is a Cloud Accounting Software provider that specializes in processes that automate the completion of financial reporting, tax compliance and streamlines the large scale purchasing, accounts receivable / payables and the many other systems needed for multiple locations and businesses.
This deal includes a software suite which provides wait-list management, tip pooling, employee scheduling, pay software, shipping, inventory and a customized POS system that was internally developed and perfected.
This acquisition was previously negotiated and has already been funded, but was put on hold while management executed on higher priority initiatives. We will be finalizing this acquisition in the coming weeks.
We will make the announcement and release the details once the acquisition has been made official.
Publishing Team
We are in the process of engaging a high-end graphic design artist with extensive experience working on major Hollywood projects. This highly talented individual has over 10 years experience in entertainment advertising including theatrical, television, home entertainment and gaming with expertise in art direction, typography, retouching, and conceptual design.
His impressive portfolio consists of design work for film and television titles including Game Of Thrones, Entourage, San Andreas, Limitless, The Martian, Mad Max, and The Accountant amongst many others.
The company is in the process of engaging this perfectly suited candidate for the purposes of producing the cover art work, advertising, packaging, game surfaces and potentially game cards, game currencies, etc. for new game titles being developed and marketed through the Snakes & Lattes Inc. publishing division. The company has received general quotes on different levels of design intricacies, are happy with them and will look to solidify a formal engagement before the end of this month with a continued long term relationship with this artist/designer moving forward. The company has two titles in mind that it would like to begin the publishing process on immediately after engagement.
Snakes & Lattes Inc. is also looking at expanding on its board game designer nights to offer quarterly or semi-annually first place prizes of having Snakes & Lattes Inc. publish the game for the designer and push it through the distribution network. The games would be voted on based off of overall design, game mechanics, recurring playability and overall level of fun and enjoyment among other things. This would also allow the publishing of the generally accepted best designed games within the community through feedback, to be cherry picked to be taken to market and distributed through the Snakes and Lattes Inc. distribution network and should have the best possibility of success in the industry.
The above mentioned steps towards preparing the brand for franchising and publishing will ensure that the process proceeds efficiently and within targeted time frames, allowing for the expansion of the brand across the North American market, penetrating all major hubs and attaining maximum overall market share of the retail entertainment market.
Franchising marks a monumental step for the company, wildly enhancing the company's overall strength, profitability, and brand exposure in North America and Internationally for all divisions of the Snakes & Lattes Inc. organization including the retail, distribution, and publishing divisions.
Furthermore, the company is pleased to announce that Ben Castanie, Founder and President of the Snakes & Lattes Inc. subsidiary has been added to the Amfil Technologies Inc. board of directors. The company is proud to have Mr. Castanie on the board to further ensure the Snakes & Lattes Inc. subsidiary continues to execute its growth and expansion strategy, increasing revenues, and thus delivering the maximum value back by Amfil to its loyal shareholder base.
Anyone interested in a franchising opportunity of a Snakes & Lattes Inc. venue, please contact investors@snakesandlattes.com
More details surrounding the publishing, distribution and franchising arms of Snakes & Lattes Inc. as well as other corporate developments can be expected shortly.
For more information regarding the company please visit www.amfiltech.com and follow us on twitter for further updates from the company @AmfilTech.
Go AMFE
Rec
AMFE: Now vs. Before
Now: gaming distribution is seeing an influx of large purchase orders from Canada AND regions of Europe and Southeast Asia.
Before: much smaller orders coming in, with fewer exclusive titles and only in Canada.
Now: A flagship new location is opening in early September. This will generate even more revenue, estimated equivalent to the other 2 locations combined. Franchising plans to be released this week.
Before: Only 2 locations that were not "franchise ready" models.
Now: GRO3 is generating revenues and received its first order valued just over $1M. The sales team continues working to solidify more deals and the company twitter handle says GRO3 is in advanced stages of finalizing more deals.
Before: patent pending Ecopro3 unit was being pitched, but not bringing any revenues.
Now: we're getting much closer to the .25 price point and audited financials dating 3 years back, required for uplisting to the OTCQX exchange, which is the highest most prestigious tier in the OTC. This is where companies are fully reporting with audited financials, and open to larger investment firms who want to have early growth stage companies with huge upside like AMFE in their portfolios, but were previously restricted from buying below the QX tier level.
Before: AMFE was much further away from that .25 price point and having 3 years of audited financials completed.
Now: we're heading into a period of time where the broader marijuana sector will move on one simple catalyst. The largest cannabis economy of CA going full legal recreational in January 2018. With strict regulations being passed down requiring licensed growers to eliminate pesticides in the grow process and prove via state testing, AMFE has THE solution with their GRO3 unit for growers.
Before: investors weren't heavily accumulating MJ stocks. The sector was trending down. AMFE was the exception, largely due to the Snakes and Lattes division.
Now: We know of a spin-off of Interloc-kings and a dividend that will be given to shareholders of record date. This will be timed with the up-listing so the spinoff will start off with audited financials (currently audits in progress include the Interloc-kings division).
Before: no dividend, no audited financials.
Now: upon uplisting, .25 will be STARTING positions for any investment firms looking to hold a position.
Before: many investment firms were not able to invest.
I'm sitting tight on my shares and holding for the foreseeable future.
Making it even easier to sit and just hold onto one's position is the fact that AMFE is expanding in size at a much faster pace now vs. before.
Can't wait until the current "now", becomes the futures "before".
Go AMFE
Rec
AMFE - sounds good. Feel free to ask me anything about the company as you continue your research.
You can always PM me too if you don't want to ask publicly.
Success to you, wherever you choose to invest. I'm looking at AMFE as a franchise super long play, with continued sustained steady growth.
Best,
Rec
AMFE patent pending Gro3 MJ grow solution using Ozone.
GROzone EcoPro3 Antimicrobial System provides an all-natural solution which may eliminate 99.9% of the bacteria, fungus, mould, pests, and other pathogens associated with the cultivation of medical cannabis.
Net profitable company with 2 other divisions.
Main profit center is from Snakes and Lattes brick and mortar restaurant board game cafe. Snakes has exclusive distribution rights on wildly popular gaming titles such as Cards Against Humanity and Exploding Kittens in Canada, and parts of Europe and Southeast Asia.
Way too much more information to learn about, go check the board.
.205 share price. Uplisting to OTCQX soon.
Go AMFE
Rec
Imagine being able to buy AMFE at .0001, the lowest price possible for OTC Pink Tier.
This may be the mentality of investors looking to buy in once AMFE uplsits to OTCQX, but at a minimum of .25.
Great to know we'll have updates before this Tuesday's market open.
It may be a quite enjoyable power hour for longs tomorrow.
Go AMFE
Rec
If all the accounts are linked to your taxpayer ID, you count as 1 individual beneficial shareholder.
If you have accounts set up for other family members, like a spouse, or children, and those accounts have a different taxpayer ID, each individual taxpayer ID counts as one beneficial shareholder.
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