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I agree with you but it is a double edge sword. Think about where we are in Pinkyland. The type of investors we get here have very short attention spans and panic easily due to the dishonesty we have seen on this unregulated exchange. Roger is doing a good job giving everyone a glimpse of what is coming via twitter and then seeding the official announcements with future info. IMO the road to the next exchange would be a lot rockier if he didn't give the shareholders something at least once a week.
BTW love your crystal ball. I work in analytics software space and love digging deep into the data.
Yes. It would be nice if this next GZ update had a company's name attached to it.
And of course the uplist would be huge. Even if they go to the QB first which we can do when the audit is done. More regulated, less MM games and opens is up to the non retail investors
No. This will not actually change the share price. Think of it like a credit card Authorized shares is the credit limit and the outstanding shares are the balance. Companies issue more shares to raise money. What AMFE is saying is they don't need to issue more shares to raise money they are profiting enough on their own. Or they don't need a high credit card limit because they can pay cash. So by doing this it takes the risk of heavily diluting the share price off the table (issuing more outstanding shares). Which reduces risk for shareholders
It would certainly be a big topic of conversation heading into a conference and something to point new clients towards....
Not to sell. They are spinning it off after the audit is completed ( so it will be fully compliant and not be stuck in Pinkyland). Then a new acquisition will be made under the new ticker (fastest way to take a private company public) and we will all get free dividend shares.
Tough call. Most people take this Friday off... so he would have to release it tonight if that was the case. IMO
Sounds like next week there will be a big GZ PR
"A full update regarding the operations of the GRO3 subsidiary can be expected by next week which will include updates on our 4000 sq ft portion of this facility, as well as the new larger deal in the works, and a number of other updates on projects related to this subsidiary."
This news shows managements commitment to their long term shareholders ( I know the pr says this but it is worth repeating) they have followed through on every promise. No matter what happens through any dips or consolidation period, IMO no one should ever doubt where this company is going in the foreseeable future.
Yep! May have to have a night cap to celebrate.
No kidding! Where is everyone?
Just because they aren't a sponsor or don't have a booth, doesn't mean they won't send a couple sales reps
Heading into that conference would be a great time to make a GZ announcement.... we would get a lot of exposure
As far as I know there isn't one. It was mentioned over the weekend because POTN sponsored a couple fighters in the ppv over the weekend. IMO I hope there isn't one. Roger and their Mgmt are complete opposites.
ETRF had that 134k bid waiting at .16 for two days.
I wouldn't call 250k in volume everyone selling. The volume is low because the float is locked up and we are all holding. We know what we own check all the DD on this board it is solid.
Thanks rocket!
Very wise.. I have similar restrictions on myself when it comes to free cash. As for investing in AMFE, I broke all the rules. Sold all my stocks that had done pretty well WB, APPL, DXC etc and took the principal and profit and loaded up on AMFE starting in the 6's. and now have about 900k shares, the most I have ever put into one stock. I know people say don't fall in love with the company but it's hard not to when you read all the DD and do the math. I will admit there are times I have to go back during these consolidation periods with all the bashers and remind myself what we own here. Without the iHub board having so many experienced investors that are truthful it would be hard to stay patient. GLTY
Experienced my first brutal lose in that sector last year. Normally I would ride the wave and get out quick but this one company GALE was doing well with a new cancer drug and ran from .6 to 2.4. Over night they announced in the last phase of FDA approval the results came back futile and they were scrapping the project. SEC suspended trading and crash... tough sector to invest in and not flip
Just out of curiosity. Does anyone else think the spinoff dividend date will be after we uplist? My thought was they may want to give regulated investors an opportunity to get that dividend or maybe they are only going to reward those of us who have weathered the pinkyland madness.
That's what I thought
The next quarter filing will be around the end of October with their Q1 ending in September. However, in previous PR's they mentioned the audit would be completed by the end of September. If my memory serves me correctly.
I could see us staying in this consolidation period until the audit is completed. Which at the max could be 36 days. I know there are many big news items Roger has in store but I think there are many people on the side lines waiting for the audit to get in.
I would never do that was just kidding.
His email is on his site we could just ask him haha
Honestly I don't think we will be able to find a perfect match using IMDb. I tried to pick a title from the list with the smallest crew and could find any that had any matches
Looking at his IMDb page he has everything except the accountant and entourage but that could be because he was uncredited...
It's amazing to me how many fake twitter profiles attack every tweet Roger puts out. Usually 4-5 newly created accounts per post and each puts out 15 or so comments. If you click on the profile they have no followers, tweets and are only following a few people. Now when you click on them they say they are restricted.
By the time you could get the money and transfer (maybe a month) it this stock will already be over .25
The chart looks nearly identical after the last run into consolidation. Look at May- June 1st
Anyone else see that the mid day tweet about fixing PR's was removed from the AMFE twitter page?
Not sure if anyone else posted this today. Sorry if it's a repeat. Glad to see we are making waves!
https://www.foodserviceandhospitality.com/amfil-to-franchise-snakes-lattes-cafes/
It also posted to E*TRADE
Doesn't hurt to be over informed. Thank you for posting :)
"Have been advised that the mechanism that relays newswires is having issues today. PR to be distributed properly once resolved. Stay tuned." -AMFE
Hitting franchisees twice. One to lease then with the software to get them rolling. So many ways for AMFE to get revenue across all divisions.
Mid day tweet addressing PR issues.