Is it too early to say: "looks like no news for today"?

Between waiting for news on AMFE, and checking for Hurricane Irma updates, my tension levels are through the roof lol

yea, best be prepared for that. Irma should hit us by Wednesday.

The reason why I didnt count that was because we do not know what that PR will be about, therefore it can not be called a true catalyst. Sure, it's possible that its such awesome news that it becomes a catalyst, but we do not know.

But the store opening is a huge event we know in advance will happen, or should happen, early this month.

The biggest *known* catalyst in the near future is obviously the opening of the 3rd location. Hopefully with the opening, several articles will be written which could potentially bring new eyes to the business. Without taking inti consideration that the business itself will be in the busiest, or one of the busiest locations of the city.

I think many here agree with you. This is not the best stock for short term satisfaction, but if you look at the larger picture, this is a great price to get a decent position for a stock that will eventually give far more than just 20-30% in gains.

Patience is necessary, for this is not a short term play, but a long term investment. Of course, if flippers want to make a profit, they will be able to, but this is much more beneficial to longs.

what makes you think consolidation is over?

Was I discussing something negative about the company? I dont remember. check my past posts to see if you can jog my memory. I will really appreciate it. Thanks.

"Then again I'm long so even if I didn't believe that I OBVIOUSLY wouldn't share otherwise on a chat board."

Id rather people started sharing more diverse opinions. Right now thw board seems that its full of "yes men"

im not shorting this one. im holding all my shares. its just that i expect for us to stay here for a while before our next run.

Aristotle once famously wrote that all extremes are bad, and that we should always look for the fair middle ground.

Claiming that no new money will come in EVER; that the stock will remain in the .14-.17 from now on, are examples of such extremes.

On the other hand, claiming that this will reach $10 next week is also an example of such an extreme. (nobody has claimed this yet, this is just an example)

I suspect however that we may remain in the .14-.17 range for a while. However long it is necessary for the charts to reset. Then again, there seem to be many things happening on the horizon which may shorten the time we remain in this range.

dont over hype yourselves. The probability of him "sitting" on powerful news is extremely high, but the probability of him sharing news that we dont consider that attractive is considerable as well.

Right now our expectations should be for good news next week. It's possible that we get incredible news, and its also possible that we get incredible news that we dont understand yet. The same thing happened with the dividend news. For the most part the board did not think that this was amazing news at all, and Roger had to go to Tweeter to say that he did not understand the original reaction, but he expected for us to be more excited as more details came out.

As for me, I am invested in the business. As long as I see concrete news that the business is going forward, I will take that as positive news.

AMFE just announced that they will reduce their Authorized Shares by 300,000,000 by september 30, 2017.

https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Update-on-New--amp--Ongoing-Business?id=167015&b=y

Never mind. I just figured it out. if anyone has the same question as myself, you can see it clearer if you check out AMFE share structure under the OTC.

Right now, it shows as

Authorized shares: 900,000,000
Outstanding shares: 473,895,499

A reduction of 300,000,000 is certainly going to be massive

Can you explain the difference? Sorry for the noob question.

Ok, I have a question and a few comments regarding the news:

First of all, I think its great that they mentioned specific dates for both the reduction in shares and what we can expect next week. Awesome.

However

Right now, TDAmeritrade shows outstanding stock of 663 million, not 900 million. Does that mean that by September 30th we can expect that number to decrease to 600 million?

While a share reduction of 60 million is nothing to scoff at, it is certainly not the same as 300 million.

Or are they saying that as part of their results they HAVE (past sense) reduced the outstanding shares by 300 million in the past years and will FURTHER reduce the number of shares outstanding by an ADDITIONAL 60 million shares by the end of September?

Or am i simply looking at an incorrect number?

I agree with the sentiment expressed by previous posters: we do ourselves no favors by predicting any prices or trends.

If we are to write our opinions, we should also back them up. When Seaton, for example, gives his prediction, he also takes his time to express WHY he believes it. He gives an argument which backs his position.

That is very valuable because it provides other posters with the ground to either agree or disagree.

If we want to stay positive, then discussing the value of the stock is not our best option. We got in because of the business. At least I did. Is the business better off now than before? Why? Does the business still have potential to grow? Or has it fulfilled its promise?

These are the fundamental questions that will move the price of the stock, regardless of what the wiggly lines say one day or the other. As a reader I feel much more engaged with this board when those questions are discussed, and I do not even bother to read posts such as "Tomorrow to the moon!". These posts provide no substance.

We cant underestimate Technical buyers. Some lines were crossed, now we have to wait for some lines to reset. Its all good. Take this time to buy more shares, and wait for the next jump.

Very interesting read. I feel I must point out however that in the previous consolidation period, the .09s were touched at the end. That is, we were building up to the .09s, whereas in this period we touched the .20s at the start.

These next few days will be crucial in determining what is the current range. Great job again!

Although Franchising was mentioned minthsnago, it was only mentioned as "considered". Only recently (days ago) has an official PR been released with a general outline of how it will work, and an official email to send the request to.

Having been here since he .06s and going through that tough 2 month consolidated period, I am happy to say I'm not discouraged one bit. After all, experience taught me that after that period came the run! From 0.08 to .22! The best part is its only the begging. If the next run behaves in the same way, the next stop would be .41.

Now, its time to buy more shares

When would you say the consolidation started? In August 1st we saw our first drop since the run started, but that led to another small run which took us to .23. Then on August 14 we saw the second drop, and here we are. What is the correct date to have in mind?

I am cautious over the *pending* Nintendo PR. Are we certain that they would release an official PR regarding a collaboration with us?

A few things to point out:

1) If any PR did come through, it would be by Nintendo Canada. Not that it makes a huge difference, since the company is huge, regardless what Country it is releasing the PR from.

2) S&L is still a small company. Sure it can and will grow into something huge soon, but at the moment we are still small. For all we know Nintendo makes agreements with all sorts of companies, and they do not release official PR's for all of them. Why would we be different?

** I am NOT saying the agreement does not exist. I am only stating that the agreement may not get an official PR from Nintendo themselves**

COMPLETE SPECULATION WILL FOLLOW:

I think our new floor is .17 and our current ceiling is .23. As others have said, we have started a period of consolidation, and will trade in this range until 1 of 2 things happen:

1) charts "cool" down, the RSI goes down to 35-40. This I think could take a month or so, the date I am looking at is September 14. That is, I would like to see how the charts look like by that date, if nothing major happens from here till that point.

Which brings me to

2) The company releases MAJOR news which make anything else irrelevant. Major catalysts are on the way, so this is not improbable at all.

*I KNOW ABSOLUTELY NOTHING OF CHARTS, AND AM BASING THIS OPINION ON HOW THE CONSOLIDATION STARTED ON AUGUST 18, AND HOW THE RSI HAS DROPPED SINCE THEN UNTIL NOW*

In my experience, the market rarely reacts immediately to important news. I believe that, at least on this stage, it depends much more on charts than any PR.

That said, as the news pile up, the charts align themselves, and then you get a massive run, instead of many small ones.

The news keep piling up, the company continues to make money... the charts will eventually point north. That's when the party begins, the question is, will you be in, or will you be out?

An interesting point to consider regarding the latest PR is how forward looking it is.

Their plan is NOT for S&L to become a "mom and pop" store, but rather they are planning on it becoming a household name.

By persuing these initiatives they are laying down the foundation for NOT JUST 3-10 stores, but quite possibly HUNDREDS of stores.

Also, this PR in itself is the foundation for many future PRs to follow. When they finally find the correct candidates for their position, when they open their headquarters, etc etc. This was beautifully written because it is not a closed loop, but rather it is the next chapter of a story they can and will continue at any time.

1. Store Opening
2. Audited Financials
3. Uplist
4. Acquisition of new company
5. Release of first published game

I don know about that. The (last) run started at .08 and we more than doubled that. I think it was a pretty decent run lol.

Obviously I cant wait until this hits .25 etc etc, but its just a matter of time now, and probably much sooner than later imo.

Not all of our investors are longs, many are day traders, they depend on strange lines wiggling here and there to make their decisions, those strange lines wiggled too much for their liking, and some left. Nevertheless we kept most of our gains, and strong news is coming soon.

Now its a race between what happens first, the uplist, or the store opening? Im personally betting the store opening will happen first.

no need to rush. this has happened before. the market has not always reacted immediately to great news.

this gives the charts time to cool down and align themselves, and also allows for longs to continue to accumulate.

the important thing is that we know what's going on and where this is going. $1 a share no longer seems like that distant goal, but more like an eventual foothold for future growth.

looks like a good start is coming

yes, on the radio, both Ben and Roger said that eventually they would want 10-15 company owned locations, but they hinted that these company owned locations would come hand in hand with franchises. They did not mention any ratio but, as per previous PR, my belief is that they expect to open at least 4 and or 5 first, then start franchising, then continue to build 5 (6) -10(15).

Remember when Roger hinted that he had spoken with someone from Nasdaq regarding franchising? He hinted that it was possible to open hundreds of stores at once. I think that, should that come to fruition, after the uplist that would be the single most powerful news for the stock.

i very much doubt that they would release any information on the radio like that. Roger has already stated, on that very same program, that they had a lot of stuff in the works but were unable to talk about it because the official PR had not been released yet.

Amfil Technologies Inc. Announces Shareholder Dividend From Subsidiary Spin-Off

TORONTO, ON--(Marketwired - Jun 21, 2017) - Amfil Technologies Inc. (OTC PINK: AMFE) is pleased to announce that it has decided to spin-off the Interloc-Kings Inc. subsidiary into a new public entity, leaving Snakes & Lattes Inc. and GROzone as subsidiaries of Amfil Technologies Inc. (AMFE). In conjunction with the spin-off, shareholders will be awarded with a one-time share dividend in the newly formed entity based upon their holdings of Amfil Technologies Inc.

Overview:

Interloc-Kings Inc. will spin-off into a new public entity
Snakes & Lattes Inc. and GROzone will remain as subsidiaries of Amfil Technologies Inc. (AMFE)
Shareholders of Amfil Technologies Inc. will retain all holdings in Amfil and in addition will be awarded shares in the newly formed entity.
Management is in the process of reviewing an acquisition for the new entity which would significantly increase shareholder value.
Further details relating to plans for the new entity will be released as they develop.

GROZONE just went from 0 revenues to $1 million recently


Amfil Technologies Inc. (OTC Pink: AMFE) is pleased to announce that its sales team has received a purchase order commitment to outfit a portion of an up and coming Canadian cannabis cultivator with 5 EcoPrO3 GRO3 Antimicrobial Systems as well as 100 Roto-Gro Hydroponic Systems.

The EcoPrO3 GRO3 and Roto-Gro systems will be integrated into a designated area of this new facility, intended for producing organic cannabis products. The new facility is in development and is located in Ontario, Canada. The proposed setup for the Roto-Gro + EcoPrO3 GRO3 technology will have each EcoPrO3 GRO3 system servicing 20 Roto-Gro hydroponic systems. There will be a total of 5 sets of 20 Roto-Gro hydroponic units with a dedicated EcoPrO3 GRO3 system servicing each group. We have received indication that this will likely just be the initial order, with opportunity to expand further into the facility once it is fully operational. Further details on this product roll-out will be announced once the final installation specifications including layouts, electrical, and plumbing requirements are confirmed and final deal is signed. Further information will include cultivator details, estimated facility open date, product delivery/installation dates etc. The total value of this initial purchase order is $1.15 Million.

The GROzone subsidiary is in the process of rebranding itself under the name GRO3, and will be referred to for marketing and discussion purposes as GRO3 effective immediately. A new website is currently under construction and will be launched in the coming weeks, along with an intensive global marketing campaign for the brand and its products.

Further to the $1.15 Million purchase order commitment obtained by the GRO3 Sales Team, the subsidiary continues to make strides towards the finalization of purchase orders and system installations for a number of other cultivators we are currently in discussions with. This purchase order will mark the official penetration into the cannabis cultivation market for GRO3, and further solidifies our relationship with Roto-Gro Worldwide Inc. We anticipate this to be just the beginning of many large purchase orders for both technologies as more cultivators seek out organic alternatives and recognize the undeniable efficacy of the EcoPrO3 GRO3 technology.

In addition to this cultivation facility deal, further developments from the GRO3 subsidiary can be expected as we continue to penetrate the North American cannabis cultivation markets.

Amfil Technologies Inc (OTC Pink: AMFE) is pleased to provide an update on many exciting new and ongoing developments within the company.

Snakes & Lattes Shipping & Distribution: The distribution division has been busy fulfilling orders for the 500+ accounts which were newly acquired in July/August. Many new skus have been added to our product selection since the beginning of Fiscal Q1 to assist with the further growth and expansion of the distribution division. We have already completed shipping on the majority of received orders resulting from the recently announced largest sales campaign initiative in company history which kicked off last month. This consisted of over 9,000 orders which have already been fulfilled less than halfway into Fiscal Q1 2018.

International Distribution: Snakes & Lattes Inc. continues to develop and expand on the South-East Asia and European markets, which it holds specific exclusive distribution rights to for specific regions and game titles. We have received order commitments and the product is prepared for shipping to retailers in these selected markets prior to the Christmas/Holiday season. Further details relating to the international distribution will be released shortly.

Snakes & Lattes Midtown: The management team met with the general contractors and design firm engaged for the Snakes & Lattes Midtown location on August 10th 2017. They have confirmed that the construction is on track for the Snakes & Lattes Midtown opening day in early September, as planned. This location is our largest location to date, and will be the flagship location which all future in-house owned, and franchise leased locations will be modeled after.

Snakes & Lattes Publishing Division: The newly formed publishing division has already received its first publishing and exclusive distribution contract. Snakes & Lattes Inc. has received a signing bonus of $200,000.00 and the first game prototype has already been received and is undergoing the review/testing stages. Further details regarding this deal will be announced shortly. The division continues to explore further development and publication opportunities within the tabletop gaming industry.

Company Audit / Up-list Progress: Finally, we are pleased to announce that we have received an estimated date of completion from the auditors today. They have advised the audit is, to be completed on, or prior to, the Companys extended deadline for filing its 10-K for the fiscal year ended June 30th 2017. There is still a lot of work to be done to have this completion date met, but we feel this will be a tremendous achievement in a short period of time to have a multi-year audit completed prior to the actual due date of our Fiscal Year End 2017, which we already filed early. We were excited to receive this update and will continue to work diligently with the auditors over the coming weeks to ensure that this estimated timeline becomes a reality for the company and its shareholders.

Further details and developments relating to the plan for franchising of Snakes & Lattes Inc. can be expected next week along with additional company related updates.

" All theories of course but I mean they ARE following on Twitter so basically a done deal right?!"

Wait what? No. Not at all! I mean, if I follow Bill Gates that does not mean i work for him or anything right? There could be a million reasons for them to follow AMFE on twitter, being owned by AMFE is only one.

it could be that or something new entirely. i frankly hope its the latter

is that not the main emotion behind capitalism though? Greed is the great mover behind capitalism lol

I dont mind the Tweets at all, I just dont want us to create false expectations. We should be very careful when we say "The news that comes on X day is going to be awesome!". What hapens if said date comes and no news come with it?

A tweet is better than nothing, and thankfully AMFE has a great track record of delivering and overdelivering.

If I were to guess, the next news will come on Sunday, but its just a guess, it could come today or tomorrow. I will say this though: remember that one time when they promised us news, but gave us tweets instead... and then the following week we got POWERFUL news? That was the beginning of this last run if I am not mistaken. I am pretty sure that they have already a PR firm advising them on how and when to throw the news. If they dont, Roger must have a great sense of timing. Anyways, they know what they are doing lol