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Agreed. They do nothing to support the stock.
What does this have to do with BHPA if I may ask?
No evidence of that. But we do have new CEO, 7 locations soon, entering dispensary business. Future looks bright for those willing to look!
I'd say this is the most optimistic I've been on the company in a long time. I believe we have a smart, organized leader at the top, who understands that to make FUNN a smash hit, we need institutional investors. This could and should skyrocket the stock, which is why we are all here. To do this we need audits and efficient organization of the company. Though we have challenges, I believe Rogen can do it. He seems clear headed and focused.. I urge everyone to keep this board positive, and back the company whenever possible. As new eyes see this board, we want them to have no choice but to invest in FUNN. The future looks bright ??.
Thx. Hope your right... that is if anyone can even find BHPA :)
Good morning... why do you say this? Anything you'd like to share?
Agreed. I bet in the next few weeks, he writes a nice letter to shareholders outlining his goals etc.
Happy Thanksgiving all!
Thanks JRF. This all makes complete sense. Hope you post here more often... your insights are truly valued.
I think this is a great day for FUNN. A new CEO who knows how to navigate the equity markets is what we need. As I've said before, I think Roger deserves credit for getting the company this far, but at some point you hit a ceiling of what you know. Onwards and upwards... hoping 2021 is a breakout year for the company.
If investors actually knew about this stock, we'd be much higher right now imo. That falls directly on the company. Need IR division immediately.
I dont think calling it a scam is accurate. That said, they are terrible handling the public aspect of tbe company. In fact, doesnt even seem like its a consideration... which is extremely risky given the fact its a PUBLIC company.
Management clearly doesn't understand the markets. That's been painfully obvious for a few years.
Agreed Shawn. It just seems so disorganized... a little info here, a little info there...then silence for months. Need an IR department ASAP.
IMO he just doesn't understand the equity markets. Little experience, little effort. He places almost no focus towards nurturing the public aspect of the company. Thus, pps in the toilet. Absolutely need someone who understands this crucial aspect of a PUBLIC company.
Did you call the company?
I think its time we demand new leadership, at least as it pertains to handling the public aspect of the company. They just seem to be clueless in this regard. As Ive said many times, management deserves credit for getting the company to this point. 8.5 million in revs is impressive. That said, this is a public company and needs to be run as such. They've completely bungled this part of it. They simply don't have the experience in this area. Therefore, imo we must demand new leadership in this area before they're naivety sinks us all.
I think we all applaud some of the things he's done building and running AMFIL. He runs a company which brings in millions in revenue; not many people can say that.
Where the complaints lie, and they're valid, is his handling of the public aspect of the company. Communication, IR, deadlines, etc... This part is severely lacking. He runs the company more as if it was privately held, not public. That's a real problem... stock should be so much higher right now... if it was the company could be so much further down the line than it is right now.
Hopefully a lot higher than .05. If we get 7-10 cafes fully open plus all the other initiatives moving forward, pps could skyrocket...
Unfortunately this stock is a complete gamble. We dont know exactly what they do and they dont update shareholders. Basically Vegas!
The problem is this is running a public company 101. They have to promote the stock, period. Higher stock price = more leverage to acquire assets, etc.
As many have said, start off paying an intern 15/hr to do IR... to ignore stock price is completely unacceptable for so many reasons...
Totally agree. Pay a college kid $20 hour to promote promote promote. Company does not seem to understand this very basic concept, which is concerning...
Not a pipedream... just doesn't seem to be the focus right now. You have reason to be frustrated, as are many here, including myself. IMO we need to get leadership thats more market savvy and aggressive. They move way too slow, and seemed to not have capitalized on selling board games to people under stay at home orders during Covid. Low hanging fruit.
With all that said, Roger and Ben do deserve credit for getting us where we are. They just dont have the experience imo. I think most of us are here bc we believe the Snakes concept is a good one, and they will have 7 open in the not too distant future. At some point, this could be a buy out target. Other things such as possible dispensaries, grozone, and other boardgame related successes make it a potentially very exciting stock.
Unfortunately, I think Covid has put a damper on them, along with some past promises which never panned out. Their big money maker is still snakes, but investors prob gun shy on cafes/bars during pandemic. That is, the few investors who know this company even exists. They need to do a much better job with IR.
When cafes and dispenseries actually start opening, or better yet when large revenues streams start coming in, this could and should run big time. Until then, we wait imo.
Ethics my friend... ethics.
Yea probably. Lol... but you're still here though!
I read it on the quarterly I believe.
I guess that's the hope. Too bad there is so little transparency... its as if they dont realize its a public company. And 34 shareholders, with an IR company... not good.
Hi Wallstreet... any opinion on whats going on here? Cant make heads or tails of the quarterlies, and only 34 shareholders?
This company is miserable at running the public aspect of the company. To think they are in an extremely hot sector and only have 30 something shareholders. Most ppl could get more shareholders in 2 days...
We hope. But when Roger provides timeframes, and those timeframes are not met, PPS falls. Pretty much that simple. He needs to be much cleaner and crisper with time predictions...
And you're here for every PR. That says it all. Everyone loves FUNN.
If this is true, and I have no reason to doubt it, would Rogen's 10 locations be in addition to the 10 with the shareholder announced yesterday? Thoughts?
Contact the company. Not gonna get good answers on a message board.
Didn't these guys hire an IR firm? Have they done anything to promote the stock?
What does that say about us... we're still here :)
Not sure, but we know you will be here to see it :) FUNN has some ppl hooked!
Is that why your here? lol. i always post on boards that I think are going out of business.
Very happy the news spicket has been turned back on. Also, these PRs appear to be well written and substantive, which makes me even happier :) The news drought lasted long enough. Consistent updates garner attention and excitement, which increases stock price, which allows the company to raise money at fairer values. It seems Rocketstock's advice is being heeded. Let's hope it lasts!
I agree with much of what you say, but my gut tells me Rogen hasn't done much. I hope I'm wrong... but he didn't email me back early on in the process when I told him I was willing to assist in one of the biggest markets the company has discussed to date. Also his business partner didnt respond to a message I sent. Needless to say this doesnt build confidence. Again, hope I'm wrong... just my two cents.
Unfortunately it seems this company is absolutely clueless re the running of a public company. No protection of shareholders whatsoever...