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I'm sure we'll be getting the audit someday. Im concerned about the communication issues. The audit is one thing because of the third party controlling the process. Execution of management communications is important to me. Not expecting perfection, but Roger needs to either spruce up his forward looking statements and projections, or just keep his trap shut. I know that some here will find this offensive, whatever. Roger is obviously learning on the fly and should be open to criticism. Under promise, over deliver. Easy as that. I would somewhat understand this strategy if Roger was in the share selling business like 99% of pink stock companies. But he actually has a great concept that is actually performing. He doesn't need to blow smoke. Some say that this whole process we have been grinding through won't matter to the big money investors once we up list, but what will matter is if Roger continues this same old communication strategy that I know is irritating Everyone, even if they call it a blessing lol. Clean up the communication, show solid execution of business initiatives, and get the f rid of RBSM. My 2 cents, still bullish, just irritated. Time to turn the page, and grow up into a big boy company.
I will try not to focus on Roger's communication anymore. I know the audit will be out someday. Not worried, just irritated that Roger hasn't learned a god damn thing. Roger, under promise, over deliver, business 101. To do the opposite just gives people the narrative of every negative they desire to spew. Roger is giving fuel to the people I can not stand lol.
I think it's called obligation, not a right.
One thing is for sure. Roger hasn't learned his lesson regarding the importance of communication. Sent him an email basically saying that the company said worst case Thursday, and that now would be a good time to update. Not sure what good another tweet update would do at this point, but at least the company would realize that self imposed dates need to be addressed when not met, their fault or not.
Good to see you Cheif. Hope life is good. Super excited about this investment. Been a journey for sure, and it's just begun. Like a road trip through WY. We have clouds occasionally, they blow away and reveal that sky you speak of. FUNN is about to make that sky even bluer (don't think that's a word.?.) for me :)))))
$FUNN very Bullish
Take a look at Under Armour if you want to see sloppy audits. FUNN doesn't want "any" mistakes in audit. The institutions that will be buying FUNN dont want any mistakes. I dont want any mistakes. The audit is our ticket to a higher tier investor base. Thorough is an annoying thing, but a good thing.
Audit is inevitable. I'm invested for the "tons" of updates following the audit release. Some cant see past this audit release. I think that is a bad mistake. When stop sign drops and updates hit, parabolic imo.
Lol, I love YouTube links. If a picture is worth a 1000 words, what is a video worth. Monday, Monday, so good to me ;)
Facts don't fit some people's narrative. Oh well, good thing is I don't think anyone gives an once of credit to these bs comments. 2016 audited revs= $230,000
2017 audited revs= $8,329,000
2018 audited revs= $??,???,??? We find out tomorrow;)
Those are facts
On a larger scale, Starbucks doesn't have any trade secrets. But when you think coffee franchise, Starbucks is the name. In my opinion Snakes has that potential in the BGC industry. For Starbucks, and any industry leader, supply chain is of paramount importance. Snakes, through the last few years has exponentially increased its size and scope in that area. Through an increase in distribution capability and continuous growth in distribution deals, Snakes is positioning themselves to succeed far beyond just cafe revenues (not to take anything away from those revs). You are in a great position in an industry if you sell your competition's product to them. The publishing wing of Snakes is also a differentiator. These steady revenue streams, while not as "sexy" as a new cafe, are going to be the backbone of Snakes going forward. Snakes stands to make money whether or not people decide to go to a Snakes and Lattes Cafe for an evening of FUNN, or go online and order any number of games distributed or even produced by Snakes and play them at home. Snakes has the utmost of respect from the insiders of the industry, and are considered the gold standard in both game fulfillment and Cafe experience. It is my opinion that Snakes has a very successful and lucrative business model that will be very, very difficult for anyone else to compete with going forward. Very much looking forward to the continued growth.
Well guys... This is happening. An actual Penny CEO is executing. Roger seems much more direct and focused in this PR. This is 100% investment grade imo. Audited financials to prove it. Shares will probably gap on record revs release. We might even see a good bump tomorrow. Let the chasing begin. Table scraps for the dogs. Those who have accumulated through this process are in for a wild ride. Peanuts will be made flipping. Fortunes will be made accumulating.
Last I checked October has 31 days. Correct me if I'm wrong. I'm expecting fins tomorrow, audited or not, AM or PM. If nothing, people have the right to complain and call Roger out imo. Roger has done many positives, and he has created the opening for negatives through his communications. Hopefully tomorrow turns a page, maybe even tonight ;) gl all
If you happen to run into an equity that is all rainbows, please announce. Thanks
Point taken. Very true
@$.45 this company was worth 900 million. It is now worth 27 million. Any other CEO would have been ousted. Gotta ask yourself if the CEO is working for you or himself? Bonuses for board members when stock price tanks for as long as this is just wrong imo. But to each their own. I choose not to.
Market cap= 27.6 and declining OS 2,000,000,000 and rising. Not good, not good at all.
Understand, but disagree. If there was ever a time to speculate it is now. The biggest catalysts this company has ever achieved is coming up. If you don't speculate, you will be late. I mean late in terms of buying at much higher prices. Maybe I'm the only one, but when Roger said and of month, I didn't take it with a grain of salt. I have full faith Roger will produce. If I'm wrong you will hear me sing. If I'm right you will see me dance. Polishing up my dancing shoes and we speak lol. Glty
My guess is Monday morning... I have no idea though. It was communicated that the company meets with auditors on Fridays so... Who knows. I am pretty sure the gap up post audit will make everyone who has accumulated down here look like geniuses. It's pretty obvious that nobody is selling much quantity now, imagine after stop sign comes down. That by itself broadens our investor base, not to mention those waiting for audited fins (institutions). Blue sky, big blue sky
Let's go, I'm in balls deep and long as a train when your late for work ;)
I'm pretty stoked. Market reaction will be what it will be. But the milestone this group of longs is about to achieve is rare, and well deserved. Many here have devoted countless hours reaffirming their beliefs and sharing their knowledge with others that FUNN was a solid investment. The network that has been created here to stay on top of company operations is second to none on the ihub boards. Not much happens that we don't catch here imo. That's a credit to the solid DD post here daily. Here's to a great future, both short and long term.
I think it is good to keep in mind regarding the dilution is first how relatively low it is for this tier of market (pink) 25,000,000 shares into a 500,000,000 OS=5% dilution over the course of 2+ years. Secondly, one must look at what the company has accomplished with that dilution. Two corporate locations opened, acquisition of an existing cafe, one game publisher purchased and kickstarter fulfillments executed, payroll increase due to growth, etc. I'm going to be honest when I tell you I hate dilution as bad as anyone. But this to me is so low and a the return on investment for the company is so high, I'm completely on board with Roger's use of capital. If he can accomplish what he has at a 5% dilution rate over the last two years, he has one hell of a business model imo.
They don't jump ship cause it's already aground and landing on rocks sucks.
Did you guys hear that? Pretty sure that was the sound of a dead feline careening off the asphalt...
The market speaks everyday, every hour, every minute, every second. The term the market has spoken is completely retarded. Markets fluctuate constantly. They go down they go up. They typically go up when initiatives like what FUNN is executing occur. We will see
Thanks Coy, much %FUNN being had.
That location reminds me a lot of the Tempe spot. Roger, Ben and Jeff know great locations. May slow franchising on occasion, but landing great locations is worth a little wait.
I cant remember what street it is, but my buds and I partied pregame Broncos Patriots a couple years ago on a road lined with bars and restaurants with a trolley and no car traffic. Perfect location for a Snakes. Super busy. Not sure if you know where I'm talking...
Way green$ Way soon$ Finally$ FUNN$
Well God damn you salty Dog!!! Well done. I had know idea, you not on here everyday telling us how well you done here ;) lol. Good to see you, snowed here already in WY. Hope your some place warm, cooling off quick here. Glty
1/2 boat?
I would love to be a fly on the wall today when Roger meets with auditors. Signatures Soon
? I don't see what your looking at. Obvious traders will take a quick 25-30% Then it looked like sellers dried up around .058 - .06. Great bottom formed here b4 luft off imo
Remodels are rarely ahead of schedule or on for that matter. Been subcontracting for the last 20 years. While not having to deal with permits (typically the general contractor or owners responsibility) I can say that when you open up a building for a remodel, you are likely to find way more then you bargained as far as work needed. You are also in our case taking a building that was initially designed for x and morphing it into y. While this is completely doable, it is never as efficient as starting with a blank slate. Going forward it would be good to understand for everyone that the locations Roger and Ben are targeting are in the middle of very busy and already developed locations. Perfect for Snakes, not perfect for expedited construction. One thing that would be helpful (maybe it's already in place) is to find a suitable and reputable construction manager that is in tune with what Ben and Roger are going for, and stick with them. Some of the best run projects I have been on have been headed up by a GC that has multiple franchise buildouts under their belt. For instance I just got done with a project for a beauty supply chain. The GC had 14 under his belt. There was not a single issue I brought to him he hadn't ran into prior. In bidding the project, the GC was able to make sure I was aware of known issues I was likely to run into, and make sure I accounted for them in my bid. This alone was great for me as a sub to know what to plan for, but also for the owner because they didn't get a $change order$ for extra work. In my opinion these buildouts will only get more efficient as we go forward. Just as with the audits, Roger will learn and improve. That's the name of the game in business and life. Learn and improve. $FINALLY$FUNN$
No idea... $FINALLY$FUNN$
27% up, and you say people weren't impressed? Hogwash. Cant wait to see what "impressed" shares do! $Audited record revs popping soon$Divvies$Holiday KTU$Tuscan S&L$Guelph$Franchising$
THAT SHOULD IMPRESS;))
Clear skies ahead, smooth sailing compadres. $FUNN$
Glad to see you back. Share count is all relative. I would never have accumulated my count had the audit been released a year ago. I just counted on my DD and hard headedness to keep the grind going here. Roger has admitted that he regrets the audit roll out, and that to me is my only beef here. We will soon see if my grind was a good move. #WYOBLUE
Thanks for the heads up lol