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Excellent points. FUNN appears to have provided misleading information concerning the 2019 Audit, uplisting, spin-offs of IK & Gro3, dividends, and even openings of new Snakes that never happened in several of their PR's. Something wrong here.
Is FUNN doing the 2019 Audit or have they decided not to Audit their financials anymore? FUNN's 2019 Financials closed over a year ago and it was stated that 3 of the 4 quarters were just about completed in a PR.
Why silence on FUNN's Financials? The information below speaks for itself.
" Thanks to the newly implemented processes with LiveCA, the first three 2019 quarterlies are for the most part completed. There is also some overlap with the FYE 2018 audit which will reduce the time required to complete the 2019 items. The Company aims to have the FYE 2019 audit submitted on time."
Special Thank You to all frontline workers helping others.
COVID-19 is surging unfortunately please stay healthy and stay safe everyone.
Happy July 4th Weekend.
Yes FUNN's 2019 audit was needed for uplisting that FUNN has stated multiple times in several PR's over the past 3 years but has not delivered.
Also FUNN claimed they would spin-off Gro3 & IK and give dividends to shareholders after uplisting. So no audit means no uplisting, no spin-offs, and no dividends if this is the case.
When will this information be communicated to shareholders if Amfil has chosen to go in a different direction?
Will FUNN be reimbursing shareholders that invested for this reason now?
This is what FUNN PR'ed on 11/18/19 concerning Audits;
"The company will file the audited FYE 2019 statements once completed and will continue moving forward with its growth-orientated business strategy while awaiting the ‘current information’ status on OTC Markets to be updated accordingly.
As previously stated, the company will remain current with its reporting obligations moving forward regardless of audit status (we do NOT expect delays moving forward now that we have implemented new practices, procedures, and other professional accounting support). Regardless, to uphold our commitment to maintain the Current Information status, we will be submitting ALL REQUIRED filings/submissions on time. If not audited immediately, they will be filed audited once they have been audited and signed off on."
Thank you for posting. Very sad as Goodbuddy4863 was a beloved and valued moderator for the FUNN Board and will be greatly missed. Thoughts and prayers to his family.
Stay Healthy and Stay Safe Everyone unfortunately COVID-19 is surging and will be with us for a very long time.
Special Thank You to all frontline workers helping others.
Since FUNN's Guelph Snakes never opened as falsely PR'ed by Amfil (link below) and CEO Roger has not addressed what happened why would anyone believe any Snakes would ever open? FUNN is not doing just fine, FUNN is failing in several areas, as Market realizes and PPS sinks to new 52-week lows. This isn't growth. Go to OTC Markets and take a look at the multiple
PR Announcements from Amfil published, never happened, and then silence from CEO Roger. FUNN way overvalued for what has been delivered and continues to lose value.
https://www.otcmarkets.com/stock/FUNN/news/Amfil-Technologies-Inc-Announces-Acquisition-of-Existing-Board-Game-Bar--Cafe-in-Guelph-Ontario?id=238402
Where is Amfil's 2019 Audit? Amfil put in a new financial reporting system, hired additional accountants, and the 2019 Audit is still a year overdue.
Something is very wrong here!
Very misleading information provided by Amfil below.
12-30-2019 OTC
Amfil Annual Operational Recap for 2019
"In addition to ongoing expansion and growth efforts, the company is determined to continue adjusting and improving its internal processes to ensure maximum efficacy of all reporting and organization procedures. In 2019, in response to the Company’s overwhelming growth in previous years, a number of changes were instigated to streamline reporting and organizational procedures. The Company is confident that these changes will ensure comprehensive, current, and accurate reporting procedures, prevent future interruption and ensure ongoing effectiveness of the Company’s corporate leadership division."
WOW! Amfil has not done a good job creating value since August 2017. Three years and here Amfil is fighting to hold on to a PPS of .01.
Thank You to all frontline workers helping others.
Unfortunately COVID-19 is surging out of control and will be with us a very long time. Stay Healthy and Safe Everyone.
Waiting for Amfil's 2019 Audit. Where is it?
12-30-2019 OTC
Amfil Annual Operational Recap for 2019
"In addition to ongoing expansion and growth efforts, the company is determined to continue adjusting and improving its internal processes to ensure maximum efficacy of all reporting and organization procedures. In 2019, in response to the Company’s overwhelming growth in previous years, a number of changes were instigated to streamline reporting and organizational procedures. The Company is confident that these changes will ensure comprehensive, current, and accurate reporting procedures, prevent future interruption and ensure ongoing effectiveness of the Company’s corporate leadership division."
Agree 100%. FUNN's PPS is way over-valued for what has been delivered.
Sub-penny is more like the value.
Thank you to all frontline workers helping others.
Stay Healthy and Stay Safe COVID-19 is surging unfortunately and will be with us a very long time.
Agree 100%. Tempe Snakes needs to close down until COVID-19 can be controlled. Businesses have a responsibility to provide a safe working environment for employees and ensure customer safety. I would think FUNN will do the right thing and close down shortly or be forced to close.
Stay Healthy and Stay Safe everyone COVID-19 is surging and unfortunately will be around a very long time.
Special Thank You to all frontline workers helping others.
Arizona's Gov. just announced it on the news 10 minutes ago. It's all over the news right now.
Would think Tempe Snakes will need to close as well.
Arizona just announced bars, gyms, movie theaters, pools, and water parks to be closed again for approximately 30 days due to the record surge of COVID-19 cases.
Is Tempe Snakes going to close down again? Unfortunately it does not look good there.
Special thank you to all frontline workers helping others.
What's in black and white is Amfil continues to submit late financials and inaccurate ones which consistently need to be refiled. Sad but true after spending a ton of money on a new financial reporting system and additional accountants Amfil still cannot deliver simple accurate Financials when due.
Stay Safe and Stay Healthy as COVID-19 is surging. Special thank you to all frontline workers helping others.
Maybe another update on late financials or news of a pending OTC FUNN Stop Sign? Maybe Tempe Snakes needs to close back down as a precaution to keep employees and customers safe during the surge of COVID-19 cases in Arizona.
Special Thank You for all frontline workers for helping others.
Great question to ask FUNN and CEO Roger. Following regulations and rules in their communications. What's so confusing about that?
Maybe contact the company directly to address questions and concerns.
Great day for FUNN. FUNN is great.
Special Thank You for all frontline workers helping others.
That's great but depends on the content of emails from FUNN and CEO Roger which will determine if regulations and laws have been followed.
Interesting that CEO Roger of FUNN supposedly is emailing some and not all shareholders or the public at the same time with the same message. Is CEO Roger giving some a heads-up of some fantastic news about to break so some can buy early or is he giving some a heads-up that FUNN is shutting down so they can sell before the PPS crashes? That's why there are regulations and laws governing these types of communications. Chances are CEO Roger would not send emails out to some and not all concerning FUNN.
No one can be sure FUNN will get through this in reality. Comparing FUNN's PR's & Tweets to what has actually been delivered is easy to defunct. Average opening of Snakes is about 1 every two years which clearly shows a lack of growth and far from being exciting.
FUNN DD supports a lower PPS overvalued now even at .01 too high when factoring in the increasing dilution, extremely low revenues coming in, and no real growth of a Snakes opening since Oct. 2018.
Yes freewill to invest in failures like FUNN based on misleading information from CEO Roger is a great thing. Many hurt financially by believing FUNN is Great and not looking at the reality of it. Interesting comparison of FUNN "CEO in jail or is nothing more then patent trolls."
FUNN cannot retain income from it's multimillions in revenues, continues to dilute shares, and unable to provide a return on for shareholders.
Something wrong with this picture doesn't sound legit.
WOW! So FUNN did all that and is less then .0161? Great Growth.
The question is why would anyone buy FUNN when information is not being provided by FUNN?
Why should any individual shareholder or anyone buy FUNN Shares?
So far AMFIL's Morning has not been able to answer one simple question honestly on when KTU would be in USA Walmart for sale. Instead Morning mislead investors multiple times about it.
General Managers of locations do not have the answers to general questions such as when will FUNN Uplist?
When will 2019 Audit be completed?
Who is FUNN's Auditors?
When will FUNN hire a new CEO?
Why has no Snakes opened since Oct. 2018?
Why are the Financials late when so many resources have been spent upgrading Amfil's Financial Reporting System?
Why has IK & Gro3 not been spun-off?
Where are shareholder dividends?
Apparently CEO Roger is not able to answer these questions either.
FUNN way overvalued at .0165 as Market is correcting value downward.
FUNN hasn't delivered what they stated they would.
FUNN is not doing well. Where's the financials? Where's the Leadership?
Special Thank You to all Frontline Workers helping to keep us safe and healthy. COVID-19 Pandemic unfortunately continues to spread and is far from being controlled.
FUNN's PPS set to sink under .01 again as Financial Responsibilities are once again in danger of not being met. Typical Penny Pinky.
Thank you to all Frontline Workers keeping everyone Safe & Healthy during COVID-19 as the pandemic surge continues unfortunately.
When will CEO Roger be unmasked and when will he deliver shareholder value?
When will FUNN thrive? When will FUNN grow? When will shareholders receive a ROI? When will FUNN complete 2019 Audit? When will FUNN up-list? When will FUNN deliver dividends? When will IK & Gro3 spin-off? When will KTU be sold in USA Walmarts? When will FUNN hire a CEO? When will FUNN's website be updated? When will FUNN create new Self-published games? When will FUNN open next Snakes? When will FUNN hire an IR Firm? When will FUNN restart the question & answer communications? When will FUNN stop the Bullshit?
Dang now that's a Big Dipper! More then 3 years of steady dipping. People buying the dips have a lot of money tied up in FUNN. Sure hope FUNN will deliver for them.
Chart is a reflection of FUNN's Management's performance as well. FUNN needs some help. Where is the New CEO PR'ed months and months ago that was going to be hired? Silence on that subject like so many other subjects.
Once announced then forgotten.
Not looking good for FUNN as the dilution of shares is kicking in faster as PPS continues its Long Extended Downtrend. Buyers are hard to find here
but there may be a few on Mars where they don't have access to FUNN's Financials or PR's.
Reality is AMFIL hasn't opened a new Snakes since Oct. 2018. Amfil is unable to average one new Snakes per year after stating multiple LOI's
but unable to deliver time after time. Yes that is 100% Bullshit from FUNN and CEO Roger. Proof documented on OTC in FUNN's own PR's over the past 4 years.
All backed up by FUNN's own PR's, Tweets, and Financials.
A decade of Bullshit from FUNN and CEO Roger squeezed into 6 years.
That's what is thriving here.
Great pictures of Tucson. Any Amfil Tweets concerning Guelph? We are coming up on a one year anniversary of this announcement from Amfil and no updates?
Amfil Technologies Inc. Announces Acquisition of Existing Board Game Bar & Cafe in Guelph, Ontario
Press Release | 08/27/2019
TORONTO, ON, Aug. 27, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Amfil Technologies Inc. (OTC: FUNN), and its primary subsidiary, Canada’s original board game bar and cafe, Snakes & Lattes, and Guelph’s downtown board game cafe, The Boardroom, jointly announced today that they have reached an arrangement to transition The Boardroom’s operations to Snakes & Lattes over the next few months. Concluding a successful three-year run, The Boardroom will complete its downtown Guelph journey on Thursday, August 29th, 2019 and close its doors until November 2019, allowing Snakes & Lattes time to revitalise and retool the cafe space for their grand opening celebration.
"
Not many would agree as CEO Hodson clearly has not delivered anything but continued losses for shareholders here. Hope those that are invested here will at least get part of their money back before LVVV is closed down.
Yes VPLM in an excellent position. VPLM way undervalued and a great opportunity at this level.
VPLM great opportunity and way undervalued at this level.
FUNN seems to mirror statements like this one below. FUNN is overvalued and PPS should be around .003 or lower. Not sure FUNN is worthless, at least at this point, but is heading in that direction. Let it play out! Go FUNN Go!
We all want FUNN to do better for shareholders and bagholders.
"Amazing, isn't it? I'm sure it's not due to "normal" market forces. Let it play out. The value, in my opinion, given worthless patents is around .003 per share if the company tries to support the stock. Overall, it's worthless, IMO."
Interesting LOL. Thanks for the information on VPLM. I've placed it in my file for future reference. Too Funny.
VPLM Thriving & Growing!