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Could be anytime before June 6th. First hurdle was cleared when it passed the committee vote.
Flippers... People though the audit would come out over the weekend, spike the share price and they could exit with a tidy profit. Didn't happen so they're moving their money elsewhere. This stock has huge support at $.13 and has bounced twice in the past 7 months off of it.
Their S&L business model??? Not sure how that's a failure when they just expanded into the US, it's fully funded by the investor meaning they didn't dilute shares in order to pay for it, it's in a prime location and will easily do $10-$20M in revs each year. Plus Midtown will only increase their revs as it is now selling alcohol
Already back to $.14 :) Clueless man. Just look at the charts and support. Make up whatever you want, say it'll go to this price or that price, $.12 by lunch, $.10 tomorrow. Not going to happen!! Buy now or leave, simple as that.
This stock won't go below $.13, the charts have already proven that for multiple months. It keeps winding itself tighter and tighter and tighter. That A/D chart is a great visual. Don't be left on the sidelines.
It's disappointing, yes but it just means we're in the perfect accumulation channel. Even if it's a $100 invest what you can and what you can AFFORD to potentially lose. The upside here is enormous. This stock is so undervalued with their current revenue streams. Don't forget Midtown will have a huge lift with alcohol sales. The ASU location is a testament to the research and execution of their plan to enter the US.
Greivous, POT* looking real strong lmao
Pennystockin check out below:
From JRF30
Keeping it real on two topics. .
1) We keep dripping down. We continually are going down and have been for months and months so far.
Not true. As an example with REAL trades:
I bought shares at .1287 on 11/22/17
I bought shares at .1318 in 11/24/17
I bought shares at .136 on 12/4/17
I bought shares at .137 on 12/27/17
I bought shares at .1329 on 1/5/18
I bought shares at .1363 on 3/2/18
I bought shares at .1378 on 3/7/18
I bought shares at .1381 on 3/20/18 (And am currently on that bid!)
That tells me we are in a CHANNEL, not drip dropping downwards. We go up to about $.16 - $.18, and then (For now) back down to $.13.
But every time we go up, certain people are quiet, and then when we go back down the channel, they post and post and say we are going down to 11 or 12. Nope, we are stuck in a channel. We broke $.13 on the downside briefly on 11/22/17, and that was FIVE MONTHS ago. We are at $.1385 today, so to say we have dripped down for the past five months is impossible to be true.
A channel. period.
Second incorrect statement.
2) "Looks like we are going down to 11 and 12 this week or next week.
that's where people should buy." Or "Sell now before it goes to 11 or 12." Been said for months now. Every week, when we have a red day, it means "we are going to 12 and 11". Once or twice I've even seen .10 mentioned. No - the channel says we have support in the .13s. When good news finally comes out, we'll see if we break the upside of the channel, but we are in a range of the 13s to the 16s for the most part. With minor moves down to the 12s and up to the 18s, but neither side holding.
So don't let them tell you we are dropping down consistently, as we are instead stuck where we are until good news comes out. And that is not the same as going down. And don't let them tell you that it looks like we are heading to 12 or 11 next week. Yes, it "could" happen, but it can't "look like it is going to happen" because if you look at reality, right NOW the support is in the 13s. Just like it "could" jump up to .20, but there is no way I can say it "looks like" it is going to .20 when we go up to .16 again. Until it breaks the channel, it LOOKS like it is trading from .13 to .16.
Am I tired of seeing it in the 13s? Yes. But I am buying there, because it is the bottom of the channel, and inevitably it goes back up to .16, which is a nice move from the purchase price of .13 or .1381. And I don't see it going to 11, so I'm not going to put my bids there.
In spite of rumors it is going there "next week".
back to the sidelines, where I really need to stay right now. But had to respond on these topics. Eating me up too much. lol
Just based on the revenues, new S&L locations, I don't see us ever dipping below $.13, we'll be stuck in neutral until that audit/uplist comes out, maybe squeak out a penny here or there. Max $.15 without audit/uplist. Min $.13. The fact that the Midtown location now has a liquor license is big. Studies show that on average a patron stays longer and spends more money if alcohol is available which means that location will only increase its revenue
We're stuck in neutral... what does that mean?!?! Accumulate Accumulate Accumulate. AMFE has revenue, no toxic debt, no dilution, what more could you ask for of an OTC pink. And a CEO who is contact with people on this board, investors who are risking their own money on franchises. All you have to do is look at their financials and know we're in a great place. Easy as that. Anyone is says different doesn't know what their talking about.
Thanks man
I'm lucky to be in the company of some very savvy investors here. I don't own that many shares, 50,000, I've got some other plays in Canadian Weed stocks too.
Truthfully I see this stock running over $1.00 on audit/uplist/AZ corporate location locked down, and then running harder after that as more revenue pours in. Just an opinion but I've got a gut feeling.
Thanks for the follow, the handle comes from the weed stocks that'll make us all rich if we invest correctly. I'm doing my best to make sure that happens for me and my family.
Lots of patience. Luckily for me, I've got dual monitors at work. Throw up my Etrade dreamcast as soon as I get in at 7:30 Pacific time and watch it all day. I've done enough DD and read plenty of the posts on here to know that we're in a stock that will reap rewards plenty of times over. Patience is the game in the stock market, can't get jittery and miss out.
It could've easily bled below .13 by now. The market thinks otherwise. With the audit, waiting on GRO3 and S&L news, this stock could've tanked a long time ago. It isn't. It won't go below .13.
Same. I've purchased 4 different times between .135 and .142. Decent chunk of shares, waiting like a little kid at Christmas for this thing to pop. It wants to so badly.
That's actually not true at all. Someone here posted a thread of all the times he was able to purchase a stock within the last year. I'll see if I can find it, we're in a CHANNEL. Between $.13-.$15 easy as day to see it on the charts.
There were also multiple senators who did not attend the vote. They were doing something for the Department of Agriculture in Sask. Would've passed by a larger majority had they been there. Regardless it passed, one step closer to $CBWTF taking off again. Accumulate Accumulate Accumulate
Mine too lol
That's what we like to see. Great supporting bid at $.14
Listening to the Senate hearing... Doesn't sound good right now for this bill to pass. Plus there are lots of people who aren't even there to vote, which makes absolutely no sense to me.
I hope so! I'm very confident in this company and the business model and what is on the horizon for $AMFE. Only good things coming! GLTA
Thanks, you too. Gearing up for whatever comes our way. Gave you a follow too
Picked up another 15,000 shares. Thank you to whoever is selling
Bid set for 15,578 :)
Nice find! Jeeez Nathan's at 101x PE
Audio Canada Legalization:
insert-text-here
https://www.otcmarkets.com/stock/AMFE/news/Snakes--Lattes-Inc-Announces-The-Awarding-of-Additional-Exclusive-Distribution-Rights-to-Hit-Game-Titles--An-Upcoming-Ac?id=186814
Before Friday's open is my gut feeling
Audit started in Aug 2017, then they brought in a second auditor who was sued. GL though
Thanks DF!
We're right on the edge here. There are so many people on the sidelines waiting for this audit to come out. We could see a massive run before it settles in the $.30-$.40 range after the dust settles. I honestly believe we touch somewhere between $.60-$.75 during the initial run if the financials are as solid as I believe them to be. I can't wait to analyze them further. Giving you a follow back too!
Seaton, I think the point was about giving legitimacy to those who have none. You do a great job surmising and then summarizing all that is great with AMFE. I look forward to your posts every day with the updated timeline and knowing we're all in this giant boat together towards a boat load of money, pun intended. Keep it up. We know who the bashers are, don't give them the time of day.
Thanks Tuna! We'll all be on pins and needles tonight and into tomorrow. I gave you a follow too. Your posts are insightful and exactly what those who may be on the fence are looking for as far as understanding the big picture with this stock.
It's behind though on iHub by 25 minutes so I could be wrong. That was just the last buy order on the list of trades so far today.
I checked the trades, showed a 30,000 buy
30,000 someone just added
Look at the selloff happening! LOL And we're green!!
Thanks! No concerts for us! We'll be inside gambling and betting on college basketball all weekend!
Not a predication just a gut feeling here: I think the revised audit comes out tonight or tomorrow morning before the market opens. Thursday usually seems to be the day news like that comes out. I also believe Roger is waiting for finalization of the Arizona corporate location before he releases any type of news. Third, extremely low volume so far today. The shorts are terrified, and there are no sellers as the anticipation is palpable. This thing wants to explode, all we need is for the match to be struck i.e the audit. I'll be in Vegas this weekend for St Patrick's Day and March Madness, plus it's my bachelor party. An audit release just before that would be the icing on top of a potential phenomenal weekend.
Look at the share price over the last 3 months. Low of .12, high of .20, and it has found it's stable footing between .13-.15. Obviously this stock isn't for a day trader looking to make a quick buck. Long term growth and quality here and everyone sees it.
It's down 2/3rds of a percentage point. Hardly a downtrend over the last 6 weeks. Price has been extremely stable. This stock just keeps winding itself up as more and more accumulation is done. It's about to burst. We'll all send you a Christmas card from our tropical destination of choice when this thing runs.
Jrf, just sent you an email. Sorry I don't have PMs