I hear you, gosox. This company's management really seems overmatched and super inexperienced in the public market realm. As a 3 year long myself I continue to be amazed (letdown/disappointed) at every turn. Keep thinking it will get better, but it just doesn't.
Why do they release important info in the middle of the night? Huge press releases such as the Tucson cafe just disappear without another word all the way thru what was supposed to be opening day and beyond. I'd rather them tell us what happened, i.e. private investor pulled out and they didn't have enough cash to complete it themselves, or whatever, than to just go silent on everything. Dozens of announcements, plans, promises have just gone away like a fart in the wind over the years.
And when you be real with yourself, next to nothing of note has really happened in the last two years. Sure, they bought a guy in a warehouse in western Canada that ships board games. They released KTU and Red Panda, but again have gone silent on sales or more print runs. And they said it themselves in a recent PR that a 'one hit wonder' in board games is as rare as seeing a dodo bird on the plains of North Dakota. That's why there's hundreds of podunk online retailers with 6, 8, or 10 of these games around the planet instead of putting all of their eggs in one basket at a Wal-Mart. Actually smart on their part to do so and try and get rid of them for something because they know these games obviously by now aren't the next Scrabble, and IMO aren't really going to generate much revenue. One poster used to give us the board game rankings and how we were flying up the chart into the top 6000, whoo hoo! Generating revenue of note from a new board game is lottery-type stuff.
As for the stock price, many posters on this board blame MMs and shorts (LOL) for the brutal slide we've experienced over the years. Very, very little does it have to do with that. Flippers, sure, but I think every day more and more people are giving up on these guys, despite how great the story might be. It's two-fold; they don't seem to have the knowledge on how to get their story out to the investment community, or they're not interested in doing so, and the ones that know the story have lost faith and trust that management will ever get anything done and are gradually running for the exits.
It's all about the cafes at this point, IMO. And I'm afraid they might be diluting this thing into oblivion in trying to open more. I'd love to see the contract/terms of this Rogen group partnership because his resume and the fact that he is a high profile lawyer screams to me that he is way more savvy and intelligent than Amfil management.
Words are hollow without action to make them whole and FUNN has been a big pinata sans the toys and candy for years now. As you say... comments welcome.