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Im not Rocket, but I will give you my opinion nonetheless.
We have no way of knowing if a specific company is using Grozone unless they mention it themselves or if Amfil mentions them in a PR.
Since we have no way of knowing this specific information, any assumptions made will be off the mark. It might be a “good read” but it would not be worth discussing. Why? Because it would be based on a rumor, and discssions based off rumors lead nowhere.
That is without taking into consideration the possible negative effects such a discussion might have on the board. In this case the rumor to be discussed is quite positive, but what happens if someone presents a rumor that is quite negative? Would you also like to discuss that as well?
In my view, we should always stick to the facts.
I think the acquisition is a good idea. It was bought very cheap, (750,000 x .18= $135,000) with the promise to reach $18 mill in revenue, and the potential to grow even further if grown in tandem to S&L. (As the franchises grow, distribute the product to more locations etc.)
That said, this is not another S&L. With this i mean that this is not another “game changer”. It is a small company that can be grown to add more revenue to the bottom line. That is, this is Amfil doing what Amfil does:
“Amfil Technologies Inc. is a publicly traded entity, trading on the OTC Markets Exchange under the ticker symbol AMFE. Amfil took a new business approach beginning in 2013 when management changed. Amfil now focuses primarily on the acquisition of income generating private companies and optimizing their operations under the Amfil Technologies umbrella.
Amfil is focused on growing shareholder value by allowing investors access to self-sustaining small to medium sized businesses with proven profitable strategies, and identified as having substantial potential for future growth. Amfil seeks to achieve long-term financial returns consisting of regular dividend income, benefiting from preferential tax treatment, and expecting modest mid-to-long term capital growth. Amfil Technologies primarily invests in small to mid-sized companies with above average service capacity, growth potential or existing market share”
i think its also something they can grow in tandem with S&L
I’d like to request the Mod to erase the last 15 or so posts. This has become a personal attack forum instead of a business oriented one.
That argument is like comparing the fall of a tree vs the birth of a forest. The fall of the tree is more immediate but the birth of the forest is more important.
Also, the 3rd location is NOT their only source of revenue. They can easily maintain this “loss” and still make a profit.
So, no the delay is not an economic issue. There is, however, a psychological issue caused by the delays, as it makes the investors more impatient than necessary, but things should fall into place very quickly now, so there is really no problem.
Just brace yourselves, this is going to run soon. We all know it.
I haven’t been able to see all the messages. Can anyone recap why the relationship with Lending Loop is so good?
Not saying that it isnt. Just curious.
Give that sickness hell, man. Give ‘em hell.
lol relax.
If a long has a lot of money to invest, it is better that he gets the most shares possible for his money.
Sure, it might not help the price right now, but in the long run (see what I did there?) it is better for us to have longs with the most shares possible, so it all evens out.
You guys know I call them as I see them, and when I have found something to be picky about I have not hesitated to say it. Well, all I can say now is that the cage is barely holding all the bulls in. The run is ready to start. Literally... any day now.. any minute now?
wow. definitely a nice way to start the week
Can I ask you guys a favor? Can someone do a break down on the Q1 report? Like bullet points or something? Im not used to reading these reports. Thanks.
That’s interesting. Mind explaining how exactly they diluted the stock?
I would too, except he said numbers would be released after market closed today.
quick hide! before they run you over!
lol that is true, but only to bounce REALLY hard just minutes after.
Truth is, right now buyers are better off hitting the ask because that might be the best price they see.
the run is imminent. Take any dips as a treasure, they wont last, and you dont wsnt to run the risk of having to buy at a higher price than you currently could.
Question regarding uplist:
One of the main reasons why everyone keeps looking forward to the uplist is because it would bring a new group of investors over. So my question is: how exactly does that work?
Is it that a new group of people will be able to see AMFE for the first time, or is it that people want to invest on AMFE, but wont while it is still in the pinks?
Today was a great day, and the run has not properly started yet woot
Thats a nice conservative view. I think a month or two is too long, and to me it will happen much closer, but there is nothing wrong with being conservative.
I am responding to a private message:
Reasons as to why I think the stock is ready to run:
1) The company (key word here being company) is growing and the growth is palpable. Past numbers are huge and they promised record numbers for this quarter as well. It should be noted that evertime they have promised record numbers, they have delivered. Also, if we draw conclusions from past history, we see that everytime the company shows strong numbers, the stock runs shortly after.
** It must be said that I am focused on the growth of the company itself. The stock will follow strong business.
2) The charts seem to be pointing north. Now, I dont claim to be an expert, because I am not, I could not provide the detailed analysis that others here do and or could, however, my interpretation shows that the consolidation is nearly over, or have finally stabilized. Again, if we draw conclusions from past history we see that after a consolidation period, the next stage is the run. I believe we are very nearly at that stage.
3) Confidence in the stock is returning. Even if the board tries to hide it, confidence tends to wane as the run reaches its end, and during the start of the consolidation period; but when it seems that the consolidation period is ending, confidence seems to come back, again usually in time for powerful news.
** This is something extremely abstract and difficult to measure. In fact it is impossible to measure, this is just my *gut feeling*
Reasons why I think that news does not affect the stock as we would want it to.
First, what do I mean? I have the impression that when we see news, we believe that the stock should go up just because of the fact that news was reported. That is not the case. Not all news are meant to push the stock. Some are just meant to keep us in the loop.
Having said that, I would like to use the following metaphor: Amfe is like a rocketship. All rockets need fuel right? The fuel in this case is the news and the charts. After the rocket blasts off (AKA “runs”) it needs to be refueled (consolidation period). This is not done in one or two days, it takes some time, because the run usually (never) does not end in one or two days either. The news refuel the stock like drops in a gallon, just as it takes time for the charts to cool down. Once they reach a certain point, then the rocket blasts off again. And the process repeats itself over and over. I have personally seen this twice, first i was late to the party when the stock was reaching the .08s and then I was all in while the stock got to .23.
Again, we have to be cautious. Past experience is no proof for future actions. That is why I am so much more focused on the company growth. If the company grows, the possibility of the stock growing is MUCH higher, and right now the company is growing quickly with the potential of growing exponentially in the very near future.
I think the stock is primed for its next run. Nearly anything could tip it over. Wouldn’t be surprised if the run started before the Q1 numbers this Friday.
Sup guys? I just had a thought this morning, but Im not sure if it has been discussed yet, and I am not going to read the 500+ posts pending to see if it was lol
So here it goes:
We know that AMFE is going to uplist soon, but what we dont know is if it’s going to be QB or QX, but maybe there is an advantage to uplisting first to QB. Why? Because either uplist is going to act as a catalyst, if they uplist first with QB, we could probably head to .30+ very comfortably, (with that news ALONE) and when it seems that the run is slowing down, we can then announce that requirements have been met for the uplist to QX, and that the move will be implemented soon. Therefore extending the run even further.
Not sure if it can work like that though, just a thought. What do you guys think?
I was actually referring to us as posters, not to Roger as CEO. He is pretty clear on what he is doing lol. We are the ones who might set up false expectations.
how do you figure?
He did say that those regulations were stricter for the companies that were delisting, and as you said, we are uplisting, which is why he thought that an exception might be possible. Again, they didn’t get an outright “No” but neither did they get a “Yes”.
Lets not hype ourselves into thinking that we will go straight to QX. I think he wants to skip QB, which is why he is waiting until the last minute to uplist (waiting for the audits).
That said, once the audits are done and filled, we will have a much clearer picture of where things are going. That is definitely our next major catalyst though.
To be fair, this is an idea he is pitching to the guys at the OTC. In his words:
“We didnt get a no (laughs), but we didnt get a yes either”
Unpopular opinion time. Spoiler: this is nothing against AMFE
Wes, I gotta say that this show was a little unorganized. 1 hour is not a lot of time when you have people calling in and asking questions. Roger did not have a lot of time to talk about the company and or new developments.
I got the impression that Roger might have had more to say, but he had to spend his time answering questions. Maybe for a future show make sure that the person coming in has time to discuss whatever it is they want to talk about, and only after that has been taken care off, then open the lines for the public.
I personally value skepticism as a virtue. Especially around these parts. That said, if we raise a doubt and it gets a response, and we do not debate it but merely ignore it, we are not being honest. That would amount to making raising doubt for the mere heck of it.
In other words, raising a question to gain knowledge is extremely valuable, but raising a question just to raise a question is asking for trouble :(
I’d rather we dont hype ourselves unnecessarily. The uplist will happen when it happens. The audits will be done when they are done. No need for us to come up with dates which could or could not be true. Lets just chill and enjoy the ride.
One thing we can definitely say now that we could not say 1 month ago: consolidation is nearly done, winds are changing, we can all smell the next run. Well, that was actually 3 things, but who is counting?
I think that the only way the price would fall next *due to no completed audits* is if they state a specific date for submitting the audits, and then fail to meet that date.
I believe that they have been pretty caustion in that front. They have stated that the audits are nearly done but have not declared a specific date. They have said that the uplist would happen immediately (please correct menif I am wrong here) after the audits, but again have not mentioned a specific date.
This is the correct move in my opinion. The audits will be submitted with little prior "warning", and the uplist will also be made as a surprise move. We will wake up one day and say "OMG AMFE IS NO LONGER A PINKY!!" Buzz will follow.
I also believe that we should give AMFE some leeway in this. They should submit things when they are ready. After all, AMFE has fulfilled all of it's promises.
But yea, in my mind, the only mistake they could do at this point (regarding audits) is promise a specific date, and then fail to deliver. As long as they dont do that, they are good.
I find our current action to be healthier than that of an explosive action, at least in our current situation.
Pinkies tend to behave like roller coasters. With crazy ups and downs. People expect a huge upside....only to sell when they believe they have reached the top. AKA "Pump and Dumps".
AMFE is behaving like a ladder, building steps along the way, but these "steps" are not small at all. In fact they are quite explosive in themselves: from .002 to .02, from .02 to .08, and most recently from .08 to .16.
These are pretty explosive movements, but most impresive is the fact that most gains have been mantained, and if past history repeats itself, it should mean that the next run should stop at around .47, and this next run is about to start any day now.
Winds are a changing.
Excellent link. Links such as these make Amfil's claims even more sound.
Thank you for your post. Very enlightening.
The overall mood is changing again. We are all smelling the run. The bulls are coming.
Another update from Puerto Rico. Communications are horrible. I behave like an addict looking for WiFi lol.
Well, not really. Im almost resigned to not having internet, but we really have no idea of whats going on around us (in PR especially).
Still trying to follow AMFE as best I can. Looks like we are establishing a new floor in the .17s, and that the bull run has not yet properly started.
Thats ok though. Reminds me of how when we were trading in the .06 range, and then we hit the .09s. After that the bull run started shortly. I like the idea of consolidating in this area for a little bit of time.
Franchise plans seem to be moving well. I think that what will start the run proper will be the announcement of the audits, with the dividends providing more momentum for the wave.
Good luck to all.
Im just guessing but this new run (*crosses fingers*) was not started by any news, but because the charts lined up right?
For the technical guys: What do you see?
Also guessing, but even if this run was not started thanks to the news, I cant help thinking that powerful news is soon to follow.
yea, we were hit really REALLY hard. hardest hurricane to hit us in 100 years.
good news is that AMFE is up again
wow 800 messages? what did i miss??
If anyone was wondering, Puerto Rico was hit really hard, but Im ok. I just got internet connection again.
i meant hurricane Maria
Guys, please pray for Puerto Rico. Hurricane Irma is a category 5 hurricane and it will cross the Island in half. The last time we received a storm this strong was back in 1923.
i get what you are saying, it would be a waste of time to argue against someone who thinks AMFE is going down because of the evil league of clowns. Im just saying that if we have a ready answer to a question, why not give it? And if we dont have a ready answer, why not discuss it? In both scenarios the board wins.
The biggest advantage we have is the constancy of the PRs. I dont think I remember the last week we didnt have a PR. I think its awesome. But we shouldn't expect PRs to move the stock. We should see them as a tool to help us know how the company is doing. Its been said here before by many of us: The stock price is NEVER as important as the company. If the company is doing well, the stock will catch up. ALWAYS.