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Nothing more FUNN than seeing red on my portfolio and knowing it is Amfil causing this.
Tell me again about how this will change soon...
11 months since audit of 2017 released, still nearly a year overdue to release FY 2018 numbers and only 15 more days to go until late in filing 2019. These guys are killing it...
Literally, they are killing the share price and any chance that audit completion will be restore to previous highs.
The fad will wane and the wave will crash before they get operations to the level necessary for a proper executing company.
As their history predicts their future, it looks to be a multi-year uphill battle.
Another day of nothing. Boy, this is getting exciting.
So, anyone getting closer to agreeing with me on the idea that delay of last year's audit will be a great excuse to stay delinquent on updated financial filings? As it gets closer and closer to the deadline for FY 2019 filing, I am looking more and more correct.
Any news release with a forward looking statement means nothing, it is boots on the ground action with verified reported results that gives an honest picture.
Lookin' good today
You know what would be FUNN? An audit would be FUNN
Sure looking good ATM
New name, no audit...
sure, pick any line... 2 years ago = roughly today's price.
Audit, maybe.
2019 EOY numbers . . . per pattern, I'll be looking for them about this time next year.
When it changes, I'll adjust my outlook.
As a child of the Reagan era, I prefer to trust but verify.
The share price has averaged a drop every time since Roger announced the plans to audit and uplist shot the price up initially.
Find the graph of the last two years, note that the current price is very close to the price 2 years ago. Also note the spike a couple months later. Draw a line from that height to current price and report back to me your findings of the overall direction of the curve.
Thanks.
So release the numbers on time without audit to stay current. Sure I can let go of the stock and lose the nearly 50% it has dropped since entering. I could average down and put three times my initial investment to make a break even a little more attainable, OR I could just expect a company to both perform and adequately report its performance.
The company does have a responsibility to investors and shareholders to show fiscal responsibility.
That's cute. Do you think they can finish last year's audit before this years numbers are due?
Each passing day lowers my confidence that they will.
All the restaurant and retail sales won't mean anything if the company can't keep shareholders and other investors informed of the fiscal health of the company.
At this point advice from CEO Squad or whatever their dumb name is isn't helpful. He should be releasing unaudited numbers so that there is at least an idea of the fiscal health of company. If there are subtle discrepancies on release of audit so be it.
It continues to show a pattern of a company trying to hard but executing too little.
Yes, DD looks good, yes reviews of locations look good, yes getting games on shelves looks good...but for all this, what is the cost and what is the return? For all we know it could all be happening at such a loss that profits are nowhere on the horizon. That is a true fear of mine.
Stay tuned...
I don't know, AMFE has a hard time keeping daily gains.
Audit yet?
The only question for AMFE to answer is where is the damn audit?
AMFE...losing gains like a boss.
That it takes a year to complete the next release is ridiculous. Lack of quarterly unaudited numbers is a poor choice also, despite what has been told by consultants. The price has dropped as much, if not more, than if unaudited numbers had been released.
When they do come, there better be a mountain and tsunami of good news, breaking developments, and mind blowing numbers. Otherwise it will be a continued curve pattern of previous 2 years.
believed when seen
Audit release is on the horizon.
Hopefully it isn't a mirage.
But was it you, or another poster, that was sure it was Mid/end of April, then May, Now late June/Early July?
I am getting concerned that there is no movement nor update of progress. Regardless of what occurred last go-round. It isn't like giving an update can hurt the share price much more when it doesn't come to fruition.
Will June end without an audit release?
My money says yes!
It will be news when any of the developments can be verified.
Expectations are not the same as execution. Not until numbers are caught up and no longer lagging per any excuse will I believe the company line.
I may be wrong, but I thought that IP along with EasyGrinder rights left with the previous scumbag management.
I believe the current scumbag management only has the shell corporation and CBD production without any of the IP previously held with VPOR.
I can think of one reason: regardless of what has been stated in previous press releases, the time it has taken to get 2018 numbers/audit completed will almost certainly be a great excuse to backlog the 2019 numbers. They cannot uplist until current. Pattern seen thus far per withholding quarterly reporting in lieu of finishing audit gives a fair amount of weight to the idea that there will be delays in future reporting post-audit.
Hopefully the delay will be substantially shorter than previous delays, but it would shock me to no end if they get current within one month of releasing audit of 2018.
I heard this company will be releasing an audit soon.
A lot of other claims that have yet to materialize or have verifiable information also stated on many occasions.
sure, but patterns repeat. Just sayin
One morning, there it was, got the share price out of the gutter for about 1 week, then decline began again.
If the audit and earnings for quarters to present at time of release do not follow, the same thing will happen again.
This will be good for a flip, but without follow through, we'll likely be having this conversation around the same time next year.
What would be surprising is a link to a web presence of any of the partnerships or ventures he has reported previously. A new development with no substance will still have no substance.
What would be most surprising to me is a financial report with actual revenues, not logged and uncollected AR numbers that reflects share reduction, redomicile news, and an update on plans to have third party verification of these numbers.
That would be the only surprising event that may get this stock above .002
He deliberately posts things incorrectly as a matter of "strategy"
See: Pharrell, Sifthouse, PL#2 ... and the list goes on.
Plan to look a long time...there's about a 20% chance that the "update" will come in the time specified, if at all.
Wouldn't it have been nice to wake up and see the audit completed and released?
There honestly seems no hope it will ever come.
Well, either the quintessential maybe tomorrow, or like I have been saying, just wait another 30 days so that release of 2018 audit can be blamed for delay of 2019 numbers.
This fiscal year is about to close and there has been ZERO financial reporting for the first three quarters of this fiscal year. That is no BS narrative, it is fact. Reason/excuses for non-release are worthless.
It hasn't dropped yet...unless you have a link to actually back up your "DD"
Hahahaha, it sure is!
damn the die-hards keep pushing the bunk product.
Hey Mary, where is a link to that ad which is now two weeks past tweet announcement?
None of this has happened, or likely will.
Have you filed complaints?
That's interesting, you've spoken to that MM (e trade financial) and he told you of his instruction?
Unless you've given the order, you don't know.
If you did give the order, how do you find the time to be on this board?
net income, LOL. 1.6M, tell that to the toxic financing and dilution.
does it hurt to be so constantly wrong?