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Good morning GTINSPECTOR and fellow AMFE investors.
Great broadcast last night, just finished listening. Congrats on a successful first run!
Thank you for helping to bring exposure to AMFE.
Rec
Good morning Flex and FLEX NATION.
AMFE has been my main focus. Fresh off some exposure from a free radio broadcast that went out to the Silicon Valley area yesterday.
Happy trading everyone,
Rec
Good luck with the broadcast tonight!
Can't call in, Rose Bowl U2 concert tonight, but my question if anyone wants to call in and ask:
3 part leading question for both Roger and Ambrose that give them an opportunity to really sell the GROzone EcoPrO3 technology:
1 - In order for a grower to make an investment in a new disruptive technology and move away from their standard habitual behavior, there must be a catch or hook with perceived value that has a longer term benefit...so can you explain how your technology and product set themselves apart from any other disruptive solutions that the cannabis industry currently offers?
2 - And how do you plan to market and or grab the attention of the growers?
3 - Lastly, how do you plan to change the habitual behavior (I've been growing for years and I know what I'm doing...I don't need something new) that growers have become accustomed to in their grow operations?
This is my question...
Thanks,
Rec
Indeed the float is getting tighter. A/D line on the chart is one of the other technical indicators I'm loving!
When the Accumulation/Distribution line remains on a steady upward trend, especially during times of a decreasing share price as we saw this past week, it's extremely bullish and shows that when the stock is on sale, investors pile in and buy more while continuing to hold previously bought long positions, vs selling into the dip.
The float is getting bought up, more importantly though, investors are holding. Normally, I'd root for a float lock that would help fuel a massive move based on supply and demand, however those kind of moves almost always inevitably break down.
I'm here rooting for the company to succeed on its fundamentals, fueling steady and sustained growth, for that is where a solid long term investment in this company has the best growth prospects, vs. a squeeze play from a locked float that ends badly for those who bought at the top.
Perhaps we'll get a combination of both though, and anyone who buys at the top of a shorter time frame squeeze, will still be fine long term, because after all, AMFE has the underlying fundamentals to support a combination of both situations.
Go AMFE
Rec
Normally, being away from one's "trading station" is a no no in pennyland.
I watch AMFE very closely when I can, in part due to watching other positions I hold within the OTC, but what I love about AMFE is that it has a maturing tremendous growth story backed by fundamentals.
I don't feel the constant need to babysit my position here. The times I have been watching closely, have afforded me the opportunity to pick up more shares on dips.
But the key is that when I am watching AMFE closely, it's NOT from a position of fear, but rather from a position of trying to capture opportunity "on sale". There's a huge difference between those outlooks.
In essence, I'm trying to say that once an investor has the position in AMFE that they want, they don't have to watch it throughout the day. Hold long and reap the benefits of the steady move higher that we will likely see over the coming months/year.
Good luck and go AMFE
Rec
Last time AMFE's RSI was in mid 50's, the stock moved from .02's to .0939, more than quadrupling its price.
We're now trading at .074 with an RSI at 54, which gives us a lot of room to breath at much higher altitudes.
Today AMFE is a much stronger buy than when it was in the .02's with an RSI in the 50's. We've learned of record purchase orders from Indigo Chapters (Barnes and Nobles of Canada), inked a deal with RotoGro, saw 26,000% revenue growth Q3 2017 over Q3 2016 in their most recent quarterly filing, and have much more coming with the opening of their next Snakes and Lattes brick and mortar location in July, GROzone updates, exclusive distribution rights of wildly popular games into other territories, audited financials which is the gateway to an uplisting to a higher tiered trading exchange, and any other number of updates resulting from the massive catalysts we've already had.
Presently and with the forthcoming catalysts, I like where we sit in the chart, not only with RSI but several other chart indicators.
AMFE is primed for another strong move, even if it's slow and steady like the last one. But we may see a faster pace with the next move as more people are discovering the gem that is AMFE, plus we'll be getting widespread media exposure with back to back Sunday broadcasts of My Two Cents that will highlight everything AMFE.
A lot going on, it's hard not to be excited for ones investment.
Go AMFE
Rec
AMFE - it's so easy to buy the dips here. Glad you picked up some more shares Flex!
And it's also so easy to piece things together and see that AMFE's divisions offer incredible growth potential.
Snakes and Lattes is firing on all cylinders with their retail board game cafes, and their exclusive distribution rights for some hugely successful pop culture board games. We've already seen the revenue growth from this division reported in the last two quarterly filings.
The MJ side has yet to show revenue, however with MJ regulations being defined to protect end users from the presence of pesticides, etc., AMFE offers THE solution (GROzone US patent pending EcoPrO3 unit) to a huge number of growers. This division should very likely see tremendous opportunity and growth in the coming months.
It's difficult to even put a number on future revenues that could be reported from these two divisions alone, but the numbers will undoubtedly be impressive. What should follow in the coming months, is a much higher valuation of the company that reflects present day and future earnings, putting the current extremely undervalued market cap much higher!
Go AMFE
Rec
It's so easy to piece things together and see that AMFE's divisions offer incredible growth potential.
Snakes and Lattes is firing on all cylinders with their retail board game cafes, and their exclusive distribution rights for some hugely successful pop culture board games. We've already seen the revenue growth from this division reported in the last two quarterly filings.
The MJ side has yet to show revenue, however with MJ regulations being defined to protect end users from the presence of pesticides, etc., AMFE offers THE solution (GROzone US patent pending EcoPrO3 unit) to a huge number of growers. This division should very likely see tremendous opportunity and growth in the coming months.
It's difficult to even put a number on future revenues that could be reported from these two divisions alone, but the numbers will undoubtedly be impressive. What should follow in the coming months, is a much higher valuation of the company that reflects present day and future earnings, putting the current extremely undervalued market cap much higher!
Go AMFE
Rec
Snakes and Lattes board game cafes. The key to their success and why their business model works, with expansion on the horizon.
AMFE moving average video analysis from earlier today.
I know you use all the tools at your disposal :)
I was posturing a bit to put an end to the debate of using charts vs not using them.
Respectfully, those saying charts are unreliable at any level, are really not using all the tools that can benefit them greatly and shows a lack of willingness to learn about all tools that can assist in maximizing their gains.
In reference to Warren Buffet and his claim that charts are unnecessary, well when you have that kind of money, it's a completely different kind of philosophy. That kind of money is the money that moves and controls the markets, thus no need to consider anything....charts, fundamentals, etc. He single handedly moves the markets regardless of the stock he's invested in. If he touts an investment, it becomes golden.
Not to take anything away from Warren Buffet as he is brilliant and has earned his place as an investment guru. His wealth was originally made in a different era of stock investment, and once enough money was made, that wealth is strong enough to move the markets in any direction, making it easier to discredit charts and be a prophet of a different mentality.
In today's environment, it's a bit harder to exclusively use the Warren Buffet strategy due to algorithms, electronic trading, popular retail trading platforms, and multiple types of trading that weren't as accessible back in the day like options, short positions, trailing stop loss orders, etc.
As has been said, to each his own, whatever floats the boat, agree to disagree, etc.
With regards to AMFE, it's my belief that one can use all tools while trading or just holding, and see great success along the way to building wealth here.
Go AMFE
Respectfully,
Rec
AMFE +21% today, growing on organic moves.
Holding is the right move, at least a core position, despite the stereotypical OTC mentality to trade vs hold long.
Have a great weekend as well Flex.
Rec
I use a multiple of tools, and at different points in time, one tool works better than the other and can be used as an indicator accordingly.
I believe a well rounded smart investor is open to using multiple combinations of tools at their disposal.
Good luck to all!
Go AMFE
Rec
But falling in love with underlying fundamentals is ok...
Which is exactly what AMFE has.
And the basic underlying fundamentals will only improve based on what we already know.
Go AMFE
Rec
AMFE fully owns Snakes and Lattes / Snakes and Lagers. This has been discussed already.
Look at the filings, email Snakes and Lattes, do the research instead of falsely implying otherwise.
The number one reason for lack of understand often times has to do with being misinformed.
Knowledge is power, but only when it's verified.
Go AMFE
Rec
The next best thing to creating a highly successful game, is to have exclusive distribution rights, then be a retailer selling it.
AMFE has number 2 and 3 locked up! And not only on one game title, but many.
Snakes and Lattes is a fantastic business that I'd love to see franchised. And this is a big part of what keeps me invested. However, I believe the bigger and simpler way to realize profits is through their exclusive distribution channel of wildly popular game titles.
Did you hear that? Snakes and Lattes is not the most exciting part of being invested in AMFE, even though it's hugely successfully and in the process of rolling out more locations!
And what didn't you hear about? GROzone...
That's a whole other lucrative division that will undoubtedly find huge success within the MJ grow sector and show tremendous realized profits in the near future.
There is just such amazing growth prospects here that when using simple common sense, one should be able to see an amazing investment opportunity here, at a ridiculously low price level.
Go AMFE
Rec
Additionally, securing new territories with exclusive distribution rights for game titles like Cards Against Humanity can and will have a huge impact on incoming revenues!
Truly the numbers are staggering on this one game title alone, let alone others they already have exclusive distribution rights for...
Go AMFE
Rec
AMFE Glad to hear it Flex.
I've gotten to know the company on a much more intimate level than most others I trade, which is why I like it so much, short, mid, and long term.
I'm sure you've read up on AMFE too :)
Best to you with your trading/investing, and to the rest of Flex Nation!
Rec
This weeks dip in AMFE was taken advantage of by smart investors.
Hope you were able to grab some on discount, even though you were away.
Rec
Exposure is one of the few things AMFE lacks. And exposure helps bring volume.
However that can possibly change very quickly with a live radio broadcast going out this Sunday AND next Sunday highlighting GROzone and Snakes and Lattes. Additionally, the broadcast is going out in a market with the right targeted audience.
It appears today that some investors are positioning themselves before a larger audience takes notice.
Go AMFE
Rec
AMFE is on the move again this morning.
Solid company with fundamentals.
One of the best growth stories in the making on the OTC.
Welcome Flex Nation if any take a position!
Rec
AMFE on the move today.
EDIT: while writing that last post, looks like some ask slappage came in, and now we have a shift in L2 leaning toward a much more bullish sentiment.
Go AMFE
Rec
Bid sit or buy the ask now?
I believe there are times to bid sit and times to buy the ask.
When there are longer time lapses between trades, I believe it is more beneficial to buy the ask, especially when the spread isn't far apart. From what I've witnessed over the years, it is this behavior that often times gets things moving. If there is too long of a time lapse without movement to the ask or higher side, psychologically an OTC investor/trader will feel that interest has subsided and consider dumping to the bid, which has the affect of triggering other similar behavior and possibly starts downward pressure.
It appears we have reached a point of exhaustion and now would be a good time to buy the ask, especially with the timing of upcoming AMFE events that should be well known by now.
Just my two cents worth.
Go AMFE
Rec
No, shareholders of record are different than beneficial shareholders.
Example, brokerage firms are shareholders of record and represent thousands of individual clients. ETrade is just ONE shareholder of record for AMFE, but there may be several thousand AMFE shareholders within ETrade. Those individual shareholders are called beneficial shareholders.
So basically, what you see on the OTC markets website under AMFE is true for shareholders of record, but that doesn't reflect the real number of individual shareholders across the investment community. It is probably thousands upon thousands.
Hope this helps.
Go AMFE
Rec
AMFE, made my last buy for now.
Another 100K in strong hands.
Go AMFE
Rec
Today's trading. Earlier I saw .069 and .07 get hit Immediately followed by an undercutting ask at .065.
A couple possible scenarios.
An inexperience trader who has no idea how to trade decided to put shares for sale half a penny lower than what was just sold. Makes no sense, unless you're inexperienced. Sorry, but I don't follow the lead of inexperienced traders.
Another scenario is manipulation. As soon as this showed some green, market makers stepped in to keep it at bay so they could accumulate, or keep the current channel as this low volume creates opportunity for a short position based on the large spread. They may have dropped the ask by half a penny when .07 hit to scare others into selling, or create the perception that the "sky is falling". Here, I don't buy into or follow the manipulators either.
Stepping out to enjoy the day, no concerns where this ends up end of day, end of week, or end of month. I have nothing but time with this one as I believe it's one of the best growth stories I've seen on the OTC.
Go AMFE
Rec
Quite the mouthful, but lots of great observations shared.
You've earned your first follower for that post.
Well done.
Go AMFE
Rec
Accumulation is hovering around 150 million shares, all time highs on the A/D line. Despite the last few days of this dip, accumulation is on the rise which means very few are actually selling.
Go AMFE
Rec
AMFE perspective through an analogy.
Doubts? Please read.
Let me preface this with the fact that I mean no disrespect to anyone obese or dealing with weight / self image issues.
There is a popular reality show called The Biggest Loser where contestants compete to lose weight and work with professional personal trainers.
You have obese individuals who have an opportunity to better their lives with the chance to work with fitness/diet/lifestyle experts who push the boundaries, inspire, and educate.
Pushing the boundaries - the start
What we have are individuals who have stumbled upon an amazing opportunity, but may lack the confidence or support to make the changes they want on their own. In the beginning, the experienced professionals do everything to push the contestants through a series of epic challenges.
The first few weigh ins at the end of the week show massive weight loss due to the body being shocked. You see the most dramatic results in the beginning stages.
The next few weigh ins, the body has adjusted to the shock and finds a happy medium...weight loss results are less, despite equally hard work to achieve weight loss.
At this point, many contestants start questioning the professionals, wondering why they're not seeing results. Often times they hit a breaking point and have a complete melt down...this is where fingers are pointed, a binge eating session happens, and possible weight gain for the week take place.
Inspire
At the end of stage one, the experienced professionals go to work and get to the bottom of the issues at hand that lead the contestants to their weight gain, be it an emotional experience, bad habits, lack of support or love, and any other deeply rooted issues. Then the experienced professionals share stories of their own struggles, fight back, and ultimate success. It is a delicate dance for all involved due to the volatile state of emotions at bay. However, most of the time the professional is able to inspire and encourage the contestant to continue forth on the amazing journey and opportunity at hand.
Educate
Once the contestant has the courage and confidence to get back on the horse and ride again, the professional uses the newfound determined state of mind the contestant has, to try and deeply root new habits through education while continuing to help them achieve epic challenges, all while continuing to inspire through reminders of where they've been, and how far they've come.
Despite being a reality TV show, this is one of the most amazing transformations to witness, and one of my favorite shows as it always inspires me.
At the end, there may be only one "crowned winner", but every contestant usually takes away a life experience that has lasting positive change and they go on to achieve great things, including paying it forward.
The key to everyone who has long term success from this show, whether they're the winner or not, is that they stayed the course with the collective effort of everyone picking each other up along the way.
This is the story of how many have achieved great wealth from amazing opportunities in the stock market. And this IS the story of AMFE!!
Now go back and re-read this post and find which character you are and how the AMFE story applies. We have both characters here, and the company is basically the show that creates the structure by which the characters participate.
The beauty is, in the long run, many of us will have lasting positive change as a result of going through the general ups and downs of this stock and hopefully we'll all have helped each other achieve great wealth together.
Stay the course!!
Go AMFE
Rec
Added more today, more bids hidden. Working to bring in more investors.
Go AMFE
Rec
Endexx Reports Record Sales for the Second Quarter Ended March 31, 2017
May. 16, 2017 8:00 AM
Marketwire
CAVE CREEK, AZ -- (Marketwired) -- 05/16/17 -- Endexx Corporation (OTC PINK: EDXC), a provider of innovative phyto-nutrient based food and nutritional products, is pleased to report record sales growth for the second quarter of fiscal 2017. For the three months ended March 31, 2017, the Company generated $126K in sales, representing a 47% sequential quarterly increase and a year-over-year revenue growth of 176%.
Second Quarter 2017 Milestones and Updates:
Began mass production of Third Eye Chai, its CBD-Infused Gourmet Tea Beverages with The Mad Hatter Coffee & Tea Co.
Launched its new website Phytobites.com to provide a quick and easy access to drive additional sales channel for Phyto-Bites®, its CBD-infused soft chews for dogs.
Closed on its acquisition of Phyto-Labs LLC to vertically integrate its operations and further develop proprietary formulas for flavored CBD beverages.
CEO Todd Davis was featured on Fox News Phoenix live to speak on Phyto-Bites®.
"We have received a lot of positive reception for Phyto-Bites® and have built an infrastructure to support the growth which we expect to increase substantially in the coming quarters. We are a leader in consumable product lines derived from industrial hemp, which is organic and naturally rich in phytocannabinoids, and are also excited by our CBD-infused gourmet tea 'Third Eye CBD Chai', released with our partner The Mad Hatter Coffee and Tea Company. The first production run has completed and has officially launched into sales and delivery. Lastly, we expect a lot of exciting product launches from our Phyto-Labs acquisition. We have recognized that with each new launch, we have seen dramatic sales increases, as our customers are confident in our products," stated CEO Todd Davis.
Endexx (EDXC) was recently featured in an NBC News sweeps week special report. The report highlighted Endexx's approach to the science and education aspect of bringing Cannabidiol and other Phyto-nutrients to the market. The story has generated significant interest in the company. To access the full video please visit:
I can fully account for at least 175K shares today, picked up on the bid.
I brought a new investor in today.
I've verified they got those shares.
They're not on Ihub.
Go AMFE
Rec
MJTK news today is both good and bad.
I can only imagine the pressure former CEO Michael Tew was placed under when the stock became highly known with the exposure that came in the last several months. With that kind of "unexpected" exposure comes expectations from shareholders that no doubt reached out like back seat drivers do, advising and suggesting what should be done, how to execute it using existing relationships that were discovered, and on what timeframe.
The fact of the matter is, whether it was Michael Tew or not, the company was not prepared and ready to meet the demands and expectations of investors. Thus the failure of the stock to continue performing to the expectations of those who wanted to see a higher valuation. I'm guilty of being a back seat driver for publicly speculating on what I thought could play out for long investors.
The poor thing about today's news is that Michael Tew will unlikely have the chance to directly turn things around as the front man in the spotlight. And that's too bad for him, as he should be the one credited for cleaning up the books.
The positive aspect that I take from today's news is we now have a chance to move forward with a new frontman. In essence, wipe the slate clean and start over. It may be a long uphill climb, but at least the company can start fresh with Patrick Burke at the helm. Until he proves unworthy of turning things around, he is ok in my book, and the hope is that he has a better understanding for how the OTC works, how important it is to communicate with investors when your stock trades on the exchange that it does, and how to execute and implement the Citizen's Toke app into the marketplace in a fast and efficient manner that will appease investors.
Today's news will be digested, and investors will have to wait for clarity on how the company will move forward before the stock price can find its footing again.
Until then, investors are generally set on taking their money off the table due to uncertainty. This is why there's pressure on the sell side today.
Moving forward, I will keep an eye on volume and trading range before making a swing trade entrance again.
Farewell Michael Tew, hello Patrick Burke. The pressure is all yours now to turn things around and leverage whatever relationships MJTK has associations with to get the Citizens Toke platform into the market as quickly and efficiently as possible.
Go MJTK
Rec
MJTK news today is both good and bad.
I can only imagine the pressure former CEO Michael Tew was placed under when the stock became highly known with the exposure that came in the last several months. With that kind of "unexpected" exposure comes expectations from shareholders that no doubt reached out like back seat drivers do, advising and suggesting what should be done, how to execute it using existing relationships that were discovered, and on what timeframe.
The fact of the matter is, whether it was Michael Tew or not, the company was not prepared and ready to meet the demands and expectations of investors. Thus the failure of the stock to continue performing to the expectations of those who wanted to see a higher valuation. I'm guilty of being a back seat driver for publicly speculating on what I thought could play out for long investors.
The poor thing about today's news is that Michael Tew will unlikely have the chance to directly turn things around as the front man in the spotlight. And that's too bad for him, as he should be the one credited for cleaning up the books.
The positive aspect that I take from today's news is we now have a chance to move forward with a new frontman. In essence, wipe the slate clean and start over. It may be a long uphill climb, but at least the company can start fresh with Patrick Burke at the helm. Until he proves unworthy of turning things around, he is ok in my book, and the hope is that he has a better understanding for how the OTC works, how important it is to communicate with investors when your stock trades on the exchange that it does, and how to execute and implement the Citizen's Toke app into the marketplace in a fast and efficient manner that will appease investors.
Today's news will be digested, and investors will have to wait for clarity on how the company will move forward before the stock price can find its footing again.
Until then, investors are generally set on taking their money off the table due to uncertainty. This is why there's pressure on the sell side today.
Moving forward, I will keep an eye on volume and trading range before making a swing trade entrance again.
Farewell Michael Tew, hello Patrick Burke. The pressure is all yours now to turn things around and leverage whatever relationships MJTK has associations with to get the Citizens Toke platform into the market as quickly and efficiently as possible.
Go MJTK
Rec
Snakes and Lattes having an investor tab on their website is great.
What you don't want is for their Twitter handle and website to become focused on investment opportunity.
With too much "promotion" on investment, quickly, the kind of person that finds board game cafes new and cool, will suddenly be turned off.
I think that's the kind of promotion people are referring to or getting at. AMFE DOES NOT need a paid promotion.
The Snakes and Lattes website and Twitter handle should be used to make announcements game/event related. Not investment related. That's where AMFE comes in, the parent company.
Any Snakes and Lattes investment opportunities displayed on any of their publicly branded sites, should be kept subtle, like adding an investors tab to the website.
My opinion...
Go AMFE
Rec