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Hahahah ahahahaha 10 to 1. Basic math would suggest at this point in time we’d be at 1.30 and this stock is grossly undervalued.
The second quarter in Canada is the dead of winter. Makes sense there was a drop off in revenue. Late filing makes sense considering he should have his staff accountants working non stop on getting the audit. To be quite honest thinking about it logically, I think it would send up more red flags to release the quarterly numbers today and not the audit. That means the accountants would not have been working on the audit. All will be answered on Monday
The $88k from last quarter was put into retained earnings, lessoned the share holder's deficiency and then used as cash on hand. Most of the 88K went to cash on hand in the statement of cash flow report you can see it there. I think it was $84k of the $88K in profit.
You're welcome. We've waited this long. Roger isn't a normal pinky CEO and I trust he has the best interest of his shareholders at heart, as do most of the people on this board.
Can't wait to hear your analysis on the balance sheet, statement of cash flows, income statement, and the equity report lol
What's more likely is a retirement of shares and really at under 500M he won't need to do that for quite some time. Keep trying though, those posts bring a necessary comic relief to the board
Not true one bit. Most R/S are 6 to 1 or 7 to 1. What's he going to do reverse split and take the O/S to 80M at 6 to 1 or 70M at 7 to 1. Absolutely not. No credibility
The extension isn't for the audit. The extension is for the quarterly numbers. He MUST file them by Sunday
Gives CFO Squad and the accountants 3 more business days to get everything in order. Audit Friday after the bell, quarterly numbers Sunday before the bell and the gap up commences and this stock takes off. If all that happens we'll be at quarter by next Friday, maybe even higher. Take it to the bank. $4m+ in revs
I think that's an OTC thing and not an SEC standard. Not sure if it's the same for the bigger exchanges. Audit comes before Friday, Quarterly's are here Sunday night. AMFE gaps up bigtime on Monday, and we're off and running. Especially if those quarterly's come in over $4m
Hmmmm, that's just what the report says. I had an feeling there'd be an extension. Roger has 5 days to get the audit done and the quarterly's out. Money week next week. We've waited this long, we have a definitive end point now. Audit could drop anytime between now and then catching the shorts and MM off guard. I hope to hell that happens.
insert-text-here
5 days for quarterly, 15 days for annual
The Notice for Late Filing doesn't surprise me one bit. The audit is priority number one. They've got 5 days. And this isn't some made up thing, it's a tool used by a number of different companies. And in no way shape or form does this resemble a pump and dump. There have no official PRs since March or insights into anything other than the new S&L in Tempe.
Still the 15th right?? Just making sure I didn't fall asleep at my desk and wake up on the 16th
I always take advantage of a late check out
Any of my AMFE family want to bequeath some shares to me as an early wedding present? :)
That’s what you took from that?
This is what you said.. “If they were good he would brag!” No credibility.
Did he allude to them in any way shape or form?
Did he tweet about financials, what the numbers were or could be?
If you’d like the actual links I can send them. This is a stop talking moment guy
According to official SEC documents, "On June 29, 2005, the Commission voted to adopt modifications to the registration, communications, and offering processes under the Securities Act of 1933. Among many other provisions, t
No credibility.. see quiet period below
During the four weeks prior to the close of the business quarter, which is known as "the quiet period", company executives are forbidden to speak to the public about the business in order to avoid giving analysts, journalists, certain registered investment advisors, private investors, and portfolio managers an unfair advantag
Depends on how badly they were done the first time. IMO Roger never lied when he said the audit was done. It was more than likely communicated to him it was finished. When they attempted to submit it, the project manager wouldn’t accept it. That’s the most plausible conclusion. Roger and staff attempted to revise themselves and save face (with shareholders)for the weeks leading up to CFO Squad taking over. They couldn’t get it right because they don’t have the experience and RBSM can’t comment hence the reason for CFO coming a few weeks after the initial “the audit is complete” text. This whole thing reminds me of when George W spoke from that aircraft carrier with that banner that said mission accomplished in regards to the Iraq war. Both spoke with the information they had at the time.
And that $80 could be worth $160in no time. 2x that pay on top of their actual pay. Why mock someone?
If someone makes $10/hr and works 8 hours that’s $80. A days pay. Are you insinuating that person can’t invest? Wow.
If we get $3m-$3.3M we stay in the $.13s. Over $3.5M wouldn't be surprised if we cross $.14. $4m plus and we'll see some heavy volume tomorrow with AMFE potentially touching $.15. We'll find out tonight or tomorrow...hopefully.
Monetary dividends, not for a long time. Share dividends as soon as IK spins off into its own entity which should be after we uplist.
Salty?? It was green for 2 hours before the "paint job", broke through the $.13 resistance multiple times. If Q3 numbers come out tonight we could be in for a nice ride tomorrow. Over $4m and we go past $.14 and potentially touch $.15. Take it to the bank.
Go Jets Go, Go Jets Go
Bitter Sharks fan here. Rooting for a Jets/Capitals Cup Final
I think you covered it all. Aren't they also distributing now to places in Europe?
Yes we do, and time will vindicate all of us longs. Patience is our best friend, while the noise continues around us. That's all it is, noise and envy.
A landscaping company that does enough in bottom line revenue to fund other projects and allow AMFE to grow while not having to dilute shares.
AMFE shares dripping UP UP UP. Up almost 50% since it touched down in the $.09s. Wouldn't want to be caught on the sidelines. More and more of my shares purchased at different times in the last few months are GREEN
Conspiracy theorist much. People speak on the condition of anonymity all the time, most of the time they're government or law enforcement officials. That's just good reporting.
You sure about that? How do you know some of us haven't received PMs regarding investments from people in South Florida? Just because you aren't in the know doesn't mean it isn't happening around you. Most if not all of your claims are baseless
More often than not anonymous sources are correct. Which is why sources are protected. Must be a FOX news person lol
There's a whole lot of wealth in South Florida. Miami is one of the most expensive places to live in the US, and there plenty of whales with deep pockets there.
And you know that how?? All conjecture and speculation. No one has any idea why the audit isn't done yet. It's a lot more plausible that the audit was communicated to Roger as done and the partner of the firm didn't sign off on it than it is that numbers are "so twisted no one can figure them out" or that he fudged the numbers.
We need some humor on this board. Brilliant