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Plow, I have been loading up all week long on this uncut diamond as well and will continue to do so. I have more shares then I need however, I cannot help but to buy more at these bargain basement prices. So yes, I support your statements...all anyone has to do is step back and look at the big picture. A huge buying opportunity!!! They keep selling at these prices, I will keep buying at these prices!
You have to be kidding me??? Class action lawsuit??? Give me a break!!!
Excellent post...thanks for sharing!
That is how I see it "X" ...a huge buying opportunity! People keep selling down here...I will keep buying down here! Kind of like a gift horse.... isn't it!?!!
Always step back and look at the big picture. The company is still small but has laid a very strong foundation to build on. Only two emotions that drive the market, fear & greed. Right now I am buying into fear and will continue to do so...bargain price on a stock that has an intrinsic value superior to its market value. Even though the board game cafe openings have slowed, we have a publishing company that has gone global. The cafe openings will come back into play and contribute to the sequential growth again as well as the publishing side will contribute to top and bottom line growth as well. This is an investment... long term. The upside potential is huge!!!
What is not to like about this company? Gross revenue in 2016 was $230,000.00 and it exploded to $8,000,000.00 in 2017 and repeated itself in 2018 with another $8,000,000.00....2019 over $11,000,000.00. What do you think will happen to revenue with the global distribution of the games FUNN owns in 2020, not to mention the new cafes to open on the agenda? Extreme expansion in top line growth here which in turn will grow into very strong sequential growth earnings with a low P/E multiple in time. Excellent buying opportunity here! People keep selling at these prices...I will keep buying at these prices!
I am a significant shareholder and have paid as much as 18 cents a share. My dollar cost average is around 9 cents a share. I will continue to buy down here. I agree, there has been some stutter stepping however, most everything is coming to fruition. Had a gym open across from my condo....they kept putting off the grand opening ...this went on for months. You guessed it...the city and permits held up the opening. 7 months later the gym finally opened. Just the way it is...always red tape, nothing just opens the next day especially when you are opening from scratch. Buying up these mom and pop board game cafes is smart. Quicker turn time and less red tape with the city. As far as the audit goes, why would anyone put their company and its shareholders through all the trials and tribulations of the 2017 & 2018 audit if the intention was not to complete the 2019 audit and uplist to the OTCQB? It is coming! Not only do we have board game cafe's opening (somebody on this board mentioned it took Dave & Busters 15 yrs to open 10 cafes, we are way ahead of that program) we are publishing are own games, we have distribution and fulfillment. Our board games are reaching out globally with more games to follow. You have to look at this stock as an investment. Being impatient and crying on this board every day is not going to make things happen any faster. This is huge buying opportunity at these prices...don't miss out. Snatch 'em up or you will be going I woulda, shoulda, coulda!!! Buy now or cry later!
Yeah really...who cares!!! KTU is being sold globally.
I think news of the audit being finalized followed immediately by the up-list will be the game changer and catalyst that will drive this stock. Everything else is very important...publishing, distribution, and more game board cafes as well. The biggest item on the list however, is having a third party auditing firm confirming the integrity of the numbers on the financials (the up list). This will get the attention of many, they will know this company means business. Then the story can be told with validation. The institutional investors will jump on board...there is growth here. Just the game board publishing by itself is enormous. Publishing, distribution, and board game cafes. This has unlimited upside potential. Being impatient is not going to make it happen any faster. When there is fear, there are golden opportunities. I have more shares then I really need however, people keep selling at these ridiculously low prices...I will keep buying.
Furthermore...the strong sequential growth revenue speaks for itself.
2016 at $230,000.00 (audited) 2017 $8,000,000.00 (audited) 2018 $8,000,000.00 (audited) 2019 over $11,000,000.00 (un-audited). What do
you think will happen when FUNN starts reporting their new income streams from the publishing and distribution side stacked with more Snakes & Lattes opening in 2020 with more to follow. The foundation has been laid. I am still buying at every opportunity.
N D K...I believe you have what is called the Big Picture...I like your perspective! I am a substantial shareholder and I continue to load up on the pullbacks. Anyone would be a fool to sell at this point...this is where folks should be loading up!
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Hoping they have not abandoned the up list to the OTCQB...this is one of the reasons I have loaded up with so many shares. With 2017 & 2018 audit complete...2019 should be completed in no time, I would imagine.
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"Management looks forward to shifting focus and announcements from the administrative side relating to filings/reporting, to the great strides being taken by the Company to rapidly expand operations, revenues, and ultimately shareholder value."
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I know the yield sign is back up...does anyone have anything on the up list to the OTCQB? RBSM efforts on continued audit.
This pull back is just a shake out...it is healthy, gets rid of the weak or skeptical investors...anyone would foolish to sell here with shipments from Morning hitting the shelves all over the world...
You tell 'em Maddy...an uncut diamond it is!!!
Attorney's Letter sent on the 19th. Today is the 21st. There are thousands upon thousands of pinks out there never mind your other tiers on the OTC. I am sure it will be processed in sequence of the order it was received along with other requests from other companies on the OTC. Probably come down tomorrow or the early part of next week. Stop Sign removal is coming.
It is called a shake out (weak investors sitting on the fence and finally bailing). Yes, Amen to that!
Very well said and I a proponent of that statement!!! $$$FUNN$$$
shorts and longs...i love you all. I lost $250,000.00 when I was sick a few years back. I stumbled across this stock thanks to Good Buddy. This is a diamond in the rough. No matter how you play this one...in time, we have a winner. Peace
Excellent post Felo!!!
I will share with the board any response that I get. No worries...
Does anyone have a direct e-mail for Roger? This holdup with RBSM and its completion of the RBSM Audit needs to be addressed. I have touted this stock to many people. Several have bought in. Dead silence doesn't get it. We are getting down to the wire. We need something delineating exactly what the holdup is. Not in layman terms, in detailed legal/accounting terms. I am growing a little anxious. Please send me his most direct e-mail address that will get an immediate response. Thank you in advance.
Roger, the natives are getting restless...better throw us a bone!!!
I have said this before as many board members have as well, why would any CEO take a company through the expense and time involved for the 2016 and 2017 audit only not to complete the 2018 and 2019 audit? It is a very painful undertaking. Whether or not RBSM meets our deadline...I will remain a substantial shareholder and continue to buy more. I also have funds in reserve just in case we don't make the deadline and those with a crisis mentality decide to sell, I will be there to pick up more on the pull back.
A lot slowly falling into place and a lot of moving parts. The upside potential is huge...company is showing exponential sequential growth revenue. This is where you should be buying with extra funds in reserve in case they don't make the deadline ...there will be a dip in price as there will be those that have the "Sky is Falling Mentality" and that is where you buy more. This is an investment. In a situation like this (up list from the pinks) you really need strong intestinal fortitude and a great deal of patience. Keep your eye on the prize and never lose sight of the big picture! I firmly believe we have a winner here!
This is a huge undertaking. Up-list from the OTCQX to the NASDAQ much simpler task as you already have audited financials in place. A lot of growth here in a very short time. The integrity of the final numbers on the financials rests on the shoulders of the auditors. Roger is a young CEO that is full of piss and vinegar and is pro-growth. I can't imagine anyone that is chomping at the bit more then Roger himself. How many millions of shares does he own? As far as marketing the company and getting its story out there...this would be something I would do after the up-list. There is a lot of moving parts here. The old adage "Rome wasn't built in a day" really applies here however, this company is well on its way! This is where investors should be buying. Dirt cheap! Intrinsic value is far superior to the market value. The finished audit and up-list is coming...being impatient is not going to make it happen any faster! Buy! Buy! Buy!
Thank you for sharing NJ Toad! Very encouraging!
Juancy, I am impressed! Excellent post and thank you for providing that link that EVERYONE should click on and read!
Excellent post!!!
Buy! Buy! Buy!!!
Excellent post Juancy!!!
All ships rise when the tide comes in...September always the worst month...October things start to move...you know, "Sell in May and go away" always applies every year...same thing once we get through September and half way through October. Now is the time to be buying even down here in pinky land. Dirt cheap and you know there is a lot of things happening, good place to fatten your position.
I am down $18,000.00 on this position and I am still loading up!
Excellent buying opportunity right here!!!
Excellent and valid points...only a fool would NOT be as bullish as you are on this stock. Only a matter of time! Excellent buying opportunity right now! I am a significant shareholder and continue to load up...even if there are more delays on the audit. Why would anyone go through the misery and expense of an audit for 2016 & 2017 if they were not going to go through with the final audit for the up-list? I am sure it is a very difficult and daunting task...an audit consists of a third party investigation of the financials provided, making adjustments, etc. After all ...a company is leaving pinky land...the land of fraud and deception for the next level up...I am not at all surprised with the amount of time involved. I am sure the auditing firm is held accountable for the integrity of all the final numbers provided in the final audit. What a missed opportunity for the fool not being able to see the big picture!
I would assume it takes a solid year or there about. That is about what it took with 2016 & 2017 ...why would anyone expect any different. So yes, I am sure you are talking from experience and the audit will be completed any day now. I am sure they are wrapping it all up. In response to the naysayers...why would anyone go through all the headaches and expense of going through the 2016 & 2017 audits and not follow through for the complete audit for the up-list? It only makes sense that they would. Nice post.
Excellent post!!!
2016 & 2017 audit took a considerable amount of time as well. We will eventually get the audit complete and the up-list will occur. Got to crawl before you walk...this company is still in its infancy however, the upside potential is enormous. Patience...Roger is doing all the right things, just a matter of time!!!
Another excellent analogy!!! Not to mention different currencies!