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Very nice post C to the E. It has been hard for longs but I feel like you do. We are going to reap the benefits of patients soon. Gona be a huge party when we do. :)
1vman, Are you saying that if the 30th deadline is not met.. that the OTC will AUTOMATICALLY make it a Caveat Emptor?
Thats Great Bunkey. Feels good to watch the number of our shares rise. I agree getting rid of that stop sign is huge. I had fidelity at one point and transfered everything over to Schwab because I wanted more shares and Fidelity will not let you buy with a stop sign up. I believe it will come down soon and when it does and that audit happens we are all going to be in the money. Yay FUNN
Just picked up a little over 10k this am. Feel like I got a GREAT deal. Can hardly wait until the audit hits. Feel like its going to be soon.
I am just waiting for more funds to clear on Friday so I can add more
I'm just wain
Any idea of how Tucson is comming along? I cant remember the opening date but know its in Aug near when school starts
there is some volume so someone is buying/selling. Schwab just said that unless its a very huge order that is being placed he sees no reason for folks getting rejected unless its on their end. So IDK.
Does Siebert have the same rule about not being able to buy with the stop sign as Fidelity does?
Schwab showing bid at 0.075 ask at 0.078
Justthefacts.. if your with fidelity,they wont let you buy stocks that have a stop sign. I had to switch over to Schwab from Fdelity in order to buy more stock.
Plow, Jauncy, Any idea what is going on?
I dont remember when i have seen the volume so low. Whats going on?
i c. I did not realize what you were referring to.
Closing of Tempe? What are you talking about?
DO you REALLY think they would be opening a snakes in Tucson this summer if they were going bankrupt? Does that seriously make sense to you? Would they be sending out Kill The Unicorns to their backers?
Thats Awesome Juancy, We have so much to look forward to.
Any idea what the time frame is to print and ship the games for Walmart? Since they are all set up for it I would think it will go quickly
Just saw on Twitter:
Ben and another member of the Toronto S&L staff left for Arizona yesterday for three weeks. Checking out the new Tucson location and also to review and expand on the success that the Tempe location has been having! Success breeds success!
I just picked up another just over 15,000 shares --whooo hoo. on my way to work, but only until the uplist :)
So glad to see this Juancy,
Thank you for posting this
Even if they are moving why are they behind in their rent by 20,000? This is a little concerning. From that notice it looks like they are behind and locked out. Is this legit? First i have seen of it. Any thoughts?
on my way out the door to work but this is great news!!! Very Happy
I rarely post and wont be posting again for some time.
Very difficult for many of us to stay positive after it being almost 7 months after Rogers letter below from the Amfil site.
Being "finalized" according to Roger last Oct?
Some word from Rodger would do a lot to help investor confidence. Ive been watching my money go further and further in the hole (like so many.) We have been loyal and it truly is time for Roger to share some kind of information and or updates as promised. Very frusterating for folks to reach out to him and get nothing in response. Stop sign to be renoved? So disapointing that is it Still there. I closed my fidelity account and opened up a Schwab account so I could buy more because I trusted what Roger said to be true. I am sad to say that I am beginning to feel this was a mistake. I am still holding on for now though and hoping for a crumb to be tossed to us although at this point we certainly deserve more than just a crumb.
Just my opinion.
Letter to Shareholders
Amfil Technologies Inc.
October 18th 2018
We are aware of the miscommunication which caused the re-classification on OTC Markets to reflect a “stop sign”. This is due to the audited annual report which is being finalized. We have been in communication directly with OTC Markets and will be filing a disclosure document for the interim, which will remove the “stop sign” until we finalize and submit the audited FYE 2018 statements and uplist to OTCQB.
We are still working through the 2018 Fiscal Year End (10K) statements, and once the auditors give the stamp of approval, this entire process is behind us, and we can uplist to OTCQB. Then, for future filings, the auditors just reference their work from the previous years, preventing further delays. That said, our accountants have already been preparing Fiscal Q1 2019 and are about 90% completed, as to assure once uplisted we will not be missing dates again. Just as we have not missed filing dates in the past.
The company would like to reiterate that this “issue” is entirely related to disclosure, and the communications between the company and OTC Markets. This is temporary. The entire ordeal of commencing the voluntary audit and all of the associated obstacles was to strengthen the company on a corporate level and provide enhanced transparency to the investment community and increase value for shareholders. The company remains steadfast in its opinion that the long-term benefits of this process, far outweigh the short-term delays and frustrations.
As for the prohibited service provider marking: We used Matt Stout for the company's "Attorney Letter with Respect to Current Information" which is required by OTC Markets for each year end report. His firm's website is otclawyers.com and seemed suitable for that particular task. That was the entire extent of our relationship with him and have had no contact or affiliation with him or his firm since we last required his services for the “Attorney Letter” over a year ago. The company has no knowledge as to why he has now been included on the OTC Markets “Prohibited Service Providers” list. However, we will now be updating our profile to include our current legal counsel, Greenberg Traurig. Greenberg Traurig is an international law firm with 37 offices in the United States, and over 1800 attorneys worldwide. This move was made long before OTC Markets had added Mr. Stout to their Prohibited Service Provider list and was made pre-emptively inline to contribute to the ever-growing nature of our business and on a corporate level.
We look forward to attention being shifted back to the company’s business operations, which continue to flourish with the opening of our first US Snakes & Lattes Location in Tempe, Arizona last week, amongst many other things. Thank you for your understanding and patience throughout this entire process. This situation with the exchange is temporary while the fundamental business growth is long-term.
All the Best,
Roger Mortimer | CEO Amfil Technologies Inc.
Ive been with Amfe over a year and I would just be happy at this point with the promised updates. When you promise updates and you dont follow through it causes lack of trust/skepticism.
I picked up another almost 7,000 shares this am at 0.0833. At the prices we are going to see in the very near future.. I feel like I stole them. Whoo Hooo
I have put every spare dollar I can into this stock. I have a little more than 100,000 shares which i NEVER thought I would have. I am so excited about the uplist and cannot wait until I can tell my employer thanks for the fun, but im done. Very grateful for AMFE
So excited to see this. I got a few more shares this morning just in the nick of time. I am awfully close to my 100,000 mark. I cannot believe it. I never thought I would have this many shares. Had to get a Schwab account as Fidelity would not let me buy with the stop sign. We will NEVER see shares this cheap again.. So happy for all who had the smarts to buy while the price was low. So So excited!!!! We are all going to do extremely well here. GO GO GO AMFE!!!
I think so too. Maybe a nice Christmas gift for all Longs :)
So glad I got a schwab account so I could buy more yesterday.
I just signed up too such a good idea
I took advantage of these prices and was able to add a little more than 20,000 shares yesterday. I am long and continue to add as often as I can.
Iheart, i have fidelity too so understand your frustration. You might try opening up another account with schwab, etrade ect. No restrictions to buy AMFE thru schwab, not sure about etrade. I spoke with Fidelity before I opened another account and they absolutely wouldn't let me buy until the stop sign comes down.
I have Fidelity too. I am signing up with Schwab tonight so I can buy more even though the stop sign is up. Will take a few business days tho. Wish I had done this earlier in the week.
Yes NJ Toad. This WILL happen. We wouldn't have Summit Global investing more if this was a fly by night co. My family and I will be buying more once they remove the stop sign. ( Have Fidelity and cant right now but will soon... Stop sign is just temporary, Not concerned about it. We have physical buildings with customers who LOVE Snakes....Can't wait for the next one to open.. Wish I had time to go to Tempe and play.
Thank you Juancy for the links, Very helpful and reassuring post for those of us who are in-experienced and feeling some anxiety about all the negative comments.
I would love to add but that darn stop sign keeps me from it. Have Fidelity...Can't buy until it comes down
Love that KOGT,I have that written on An index card at work in my drawer so I can see it every time I open it. ??
Amfe uplist soon. Hoping the sign comes down today so I can buy more.
I wish it would come down because Fidelity won t let me buy more with it being up. Very frustrating. I see the cheap prices but they are out of my reach.
This is turning out to be a very fun day!!! :) Nice turn around