All of my posts are only my personal opinions and should never be taken as fact or advice by anyone.
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Yeah, eventually there will be too many to keep track of. That’s how ‘legit’ stocks are traded in higher exchanges for example; as a function of revenue, growth, and industry, not specific events which are all encapsulated in those metrics. I think amfe reaches that stage someday.
Completely forgot about the dividend/spin-off. That tell you how much there is lol. Nice foresight for you!
CEO likes making acquisitions to strengthen the business so it’s in his interest to grow the share price. Higher share price = stronger acquisitions for fewer shares. IMO there is a lot happening we don’t know about. How is that “mass PR campaign” with lending loops coming along? Or the partnership with Nintendo. So much here is under direct control of CEO and the delivery counts, he will do an amazing job for sure.
Agreed bro, he is explicitly stating up list is almost completed. And he has delivered on literally everything and then some. IMO, we will see news regarding expected continuation of franchising, natural stuff distribution (wild card here esp with new products like infused drinks), and GRO3 reception. The last 2 have potential to be huge short term catalysts because we know next to nothing until now about them, while franchising is continuing to grow the solid foundation of revenues for the company.
“Numerous” subsidiary specific “announcements”. Numerous > 1 so implies news regarding more than one sub, “announcements” > updates implying this is new consequential info not a check-in. I am so excited and I think while people have been focused on the audit Amfil has been growing and developing the business in ways we are not even thinking of right now. IMO people who were saying news being held back until after uplist were spot on.
The tweets basically say: 1. We are uplisting to QB in next few days, 2. News regarding all subsidiaries is coming in next days and weeks. Literally exactly what the most optimistic posters here were hoping for lol. Here’s to a great next few months! QB poses way fewer impediments to how far a run can take us in the short term.
Last thing: we are valued about 75 million right now. If revenues and business keep growing at the current pace and we see something like a 10 million quarter this reaches critical mass and explodes imo.
Just awful, won’t access my funds until 25 at the earliest. This is just my luck..
Bro my funds haven’t arrived yet I said lol. But I seriously doubt this stock will not experience any kind of dip ever for me to buy.
TBH it will probably chill in the 0025-0035 region some more until there is some kind of catalyst. I’m not too worried about getting in.
Bro obviously I’m aware otherwise I wasn’t going to buy in haha. I wanted a few million, currently only have 500k, but my funds haven’t arrived yet.
Omg why is this running was going to buy 3-4x more tomorrow lol
Good morning!
Good night all, looking forward to the week for AMFE!
What makes you say that, man? When has the CEO under delivered? I know a lot of people are jaded or disconnected from reality because they trade pinks for a long time where everything is bs, but building an actual business is extremely hard work. Any business that, but getting one to even have the potential to franchise (inter)nationally is yet another level. This is real life; you can’t expect a real business to go from 0 to 100 in a year. The CEO is proceeding very fast as it is, but it’s great that it is methodical. Building up distribution capability, correlated products like drinks and games, and exclusivity with serious people, don’t just increase revenues, they build the BRAND. Down the road, why will people franchise with S&L over any number of competitors? Because of that brand and all it offers, and it is a hard thing to build. I think you’re not giving enough credit to someone who has actually been building something intelligently and successfully. 6 million in revenue first quarter is not a small feat at all, and things are falling into place to build up from there.
Kinda tough to swing trade this when it has been moving so much on low volume; hard to get in or out. (Unless we are talking about a couple hundred dollars)
Boston, New York, LA, and S.F. are ideal places for Snakes and Ladders franchises. Tons of big universities in each, and having spoken to some friends currently in those types of colleges they love the concept, imo each of those cities could easily support at least 5 locations. This is a great hangout place for college students to chill, study, have club meetings, etc.
Nothing new in what I've said, but just saying there are 4000 colleges in US alone (and our target market is not even restricted to college kids or to US).
I'm almost surprised there's not some 1-5% owner who bought 10 million shares in subpenny and held according to the filings, that would have been pretty epic.
From what I gather you have had many days. What a way to start the weekend! Pinks are history.
You caught if fast DF :)
Looks like OTCQB time is here!
https://www.otcmarkets.com/financialReportViewer?symbol=AMFE&id=185842
Do you know how the company got started with research? Some of the technology described is very impressive.
This is holding nicely.
Nothing much to do but wait to see how the company progresses, I hope their product lines are successful, I'll check back in a few weeks/months.
Lol m8 I know you're joking chill :)
However if the CEO is successful this is going to OTCQX :) (Stated intention)
9 million in assets last report, and advanced textile technology, but market cap is just over 1 million. I don’t think 003 or 004 makes a difference if the business plan comes to fruition here.
Hey Tyaz if you could do trips would be nice that way I could buy as much as I like ;)
I’m really optimistic! Didn’t get a chance to read your post before I wrote mine sharky, but that is a much more thorough and complete explication of what I was trying to say.
One last thing: I am a physicist and the ability for textile to conduct electricity and transfer data is really something and, if true here, the possibilities are genuinely huge.
Some thoughts, I’d be happy to hear what you guys think:
Clothing is the simplest and most affordable application for Hygeia in terms of manufacturing and selling, so the company is starting with that to attempt to grow revenues. From that base they hope to later branch off into more complex and lucrative industries including medical and military, and ultimately replicate this whole process with their other technologies and R&D.
Maybe I’ll buy a pack and get back to you lol
If R&D phase is over all that remains to be seen is whether they are able to successfully bring their product to market. We’ll see, I hope they are able to do that.
Also some of the descriptions of this Hygieia textile are genuinely cool. If true and not hyperbolic this goes way beyond socks and underwear, particularly the point regarding reading data off the textile. Not even mentioning all their other stated ambitions.
While I understand dilution sucks, the classical purpose of the stock exchange is to enable companies to raise capital more efficiently. If, like they say, they used that money for R&D and to enable them to bring their product to market I am really ok with that for the long term.
M8 I am holding this one until 2020.
I mean shares outstanding is still quite low isn’t it? Valued under 2 million right now.
And the company is bringing a textile 5 years in development to market and is totally transparent?
Is it just me or filings show 9 million in assets while we are valued under 2 million?
While reading the filings found this:
We have been strategizing and outlining a plan to meet the requirements for making our company more attractive to the capital markets and to maintain our eligibility requirements on the OTCQB. As part of that process, we have approved a 10 for 1 reverse split of our common stock and an increase in our authorized common stock from 500,000,000 to 1,000,000,000 shares.
This split has already happened, right? Just wanted to make sure.
And also it was acquired for 750,000 shares which is not that much honestly. This ability to make great acquisitions will continue to grow as the company grows imo.
Personally I am excited about Natural Stuff. We haven’t heard much news about it yet, but we do know that 28black had 16 million/year in revs, Amfil has a good existing distribution capacity to supplement that, and also importantly that Amfil is planning on using that acquisition to develop and distribute an infused drink. I think there’s some huge potential in all of those things taken together, especially alongside a growing S&L.
We’ve seen single elements of the above formula produce enormous reactions already, but in my opinion Amfil’s infrastructure which allows it to have all those things working in concert is going to enable success which is both bigger and for the actual long term.
Ha yeah, I don’t really mind to be honest it’s just how it is, still find it funny. Hopefully we get the developments we are waiting for soon!