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I'll take a growth company with little to no income - meaning the company is reinvesting their earnings back into the business to fuel expansion and growth.
I think we're going to hear about quite a few locations now that they've had 2-3 weeks since the audit completion and can now continue signing up franchisees. S&L also gets a large deposits per each franchise location, adding more cash flows to operations.
Uplist coming this week possibly... 6/30/2018 audit completion any day now.
This could be a huge week for AMFE. Anyone selling here is CRAZY! lol
The costs from the audit would go towards 2018 expenses... Remember what we went over for accounting lessons?
Expenses are recognized as incurred. So any extra time spent by the auditors on the audit was in 2018.
Adjustments are very common, especially for companies that are going through their first time audit. Even large companies that have been through 10 years of audits still have adjustments after the auditors go through their complex transactions such as acquisitions/mergers, etc.
Can't wait to hear about all the new S&L locations in the works! I bet you're excited too?!
Maybe there's even one coming near you ;) and you can see first hand what the hype is all about.
Looking forward to a big week!! Uplist could come this week and we know there is an update coming on many new locations! Couldn't be more excited to see what this week brings for AMFE
Most likely an after hours uplist is what Roger has mentioned.
lol I'm down $250 today, but up $10k since the audit completion... time to sell? What if we go down another .41% tomrrow... i can't lose another $250!
Lmao... uplist is so close I can feel it. If not this week then next week. Three weeks is plenty of time... patience pays here like always. Once we uplist, we'll never look back at .10 again imo
Oh man... down .41%, less than 1%?!! I just cant handle it! Such a big dent to my account.
*NEW* UPCOMING CATALYSTS AND DD - near term - Here is a list of all the upcoming catalysts:
9/13/2018 Tweet: "Its all happening! Audit is out of the way, and we are on to bigger and better things! So much happening with ALL subsidiaries. We hope you are as excited as we are. First off, look for a Snakes update Monday. More to come shortly after! #WorldDomination"
https://twitter.com/AmfilTech
1. AUDIT COMPLETE Uplist to OTC QB coming in 1-2 weeks (Very Soon)
2. SHARE DIVIDENDdetails for the spin-off of Interloc Kings - FREE SHARES!! Roger tweeted that he thinks investor sentiment will be very positive once these details are released. AND per the PR, they plan to do an attractive acquisition of a company into our new public company that has the same potential that S&L has shown!
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Shareholder-Dividend-From-Subsidiary-Spin-Off?id=162673&b=y
Per recent tweet, details will be announced shortly after the audit completion and uplist
3. Uplisting the OTCQX when we reach .25 PPS
4. SNAKES & LATTES in TEMPE, ARIZONA: Opening of the brand new corporate owned location end of September 2018. New Locations announced with firm commitments in:
-Charlotte, North Carolina (Potentially 2 locations)
-Houston, Texas
-Denver, Colorado (Corporate Owned)
-Fort Collins, Colorado (Corporate Owned)
-Las Vegas, Nevada (Corporate Owned)
-Canada, Hamilton, ON (Franchise)
-Canada, Kitchener/Waterloo, ON (Franchise)
-MANY MORE TO BE ANNOUNCED SOON!
9/4/2018 PR for above locations: https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Provides-Update-On-The-USA-Expansion-of-The-Snakes--Lattes-Subsidiary-Including-Charlotte-Houston?id=202628
The S&L U.S. Headquarters to be opened in Chicago with a distribution center and corporate S&L café.
A US investor has committed to opening SEVEN locations in Southwest USA over the next several years (3 announced above)
Recent PR: https://ih.advfn.com/p.php?pid=nmona&article=76346418
Franchising coming soon in 2018; The 6/21 PR mentions there are deep discussions with franchisees for a total of 23 locations in the USA!
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-AMFE-Provides-Update-on-Snakes--Lattes-Inc-Expanding-Retail-Distribution-and-Publishing-Operation?id=196115
More details: https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Discusses-the-Plan--amp--Status-for-the-Franchising-of-the-Snakes--amp--Lattes-Inc--Subsidiary-and-the-Expansion-of-the-Game-Publishing-Division?id=167835&b=y
Franchise Mapping Structure announced in PR which includes 50 new locations to roll out into Canada and the US:
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Provides-North-American-Franchising-Guidance-for-Snakes---Lattes-Inc-?id=170873&b=y
5. Record Q4 6/30/2018 financials to be released most likely in September 2018 with the 6/30/2018 AUDITED Financials.
7. Additional GRO3 updates coming soon.
Per tweet - "Big GRO3 meeting later this week. Ambrose and team have been working away behind the scenes and while we know it's been a bit quiet on that subs front for some time, we will be providing some updates within the next few weeks that we feel shareholders will enjoy. Stay tuned!"
Per 8/24/17 tweet and 8/29 PR - another larger deal with the 4000 sq ft Ontario facility coming! First purchase order was for $1.25M. This cultivator is currently building out the facility and going through the licensing process which takes up to 10-14 months.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Purchase-Order-Commitment-for-EcoPr03-GRO3-Systems--amp--Roto-Gro-Units?id=165047&b=y
The 2nd larger purchase order was announced 9/4/17 for another order that is 2.5x the first order of $1.25M so roughly $2.8M. Roger mentioned on the Oct. 8th radio show that this same company could bring in 10x more in revenues if they decide to outfit their entire operations.
See also https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134261600
From the 1/3/18 PR: "The company will set up a showroom in California, showcasing the product lines for the Californian market as we anticipate it becoming a large focus of the company’s sales and marketing efforts. Key personnel residing in California have been hired and will be handed the existing leads and ongoing discussions the company is undertaking with Californian cultivators in order to close the leads and realize sales.
9. Board game publishing and manufacturing - per the PR, they plan to announce details on two games currently under development, one being their own. They live and breathe board games, I'm sure this will be a popular game - and think of how many people/board game creators have been approaching them to publish and manufacture their games?! They have the retail locations to test out the game idea, then publish/manufacturer it, then distribute the game through their logistics they already have set up AND sell in the S&L retail locations and online. The perfect set up. They received $200k already in July 2017 for the 2nd board game to be published.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Update-on-New--amp--Ongoing-Business?id=167015&b=y
Most recent PR: https://ih.advfn.com/p.php?pid=nmona&article=76346418
Per the 9/11/17 tweet: "Our Hollywood established graphic designer is about to start a publishing project for us. Breaking into the publishing is going to be big!"
Per the 6/21/2018 tweet: "Who is excited for the very first in-house published game titles? Over-subscribed kickstarter campaign through Morning... We are excited to go to manufacturing/production within days! The publishing division has officially gone online!"
The recent MORNING, INC. ACQUISITION will significantly add to revenue growth as they already have several heavily funded games they ran Kickstarter campaigns for... we acquired them for $150k with NO DEBT - because AMFE makes very attractive deals for their acquisitions.
"Kill The Unicorns" and "Red Panda" among other popular funded games from Kickstarter were acquired with the Morning acquisition and will be rolled out in time for the busy holiday season.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Announces-A-Firm-PO-Received-From-Walmart-For-Multiple-Of-The-New-In-House-Published-Game-Titles-?id=197397
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-AMFE-Provides-Update-on-Snakes--Lattes-Inc-Expanding-Retail-Distribution-and-Publishing-Operation?id=196115
10. Cineplex Game Nights are hosted at Cineplex locations where the S&L game gurus go and drop their board gaming knowledge on the Cineplex crowds. Possibly more to come from this partnership with a multi-billion dollar company (Cineplex).
11. Health Canada approval of GRO3 microbial system - The GRO3 team assists MJ cultivators with their applications and plans to submit to Health Canada which includes the utilization of the GRO3 systems. These will all turn into purchase orders once approved by Health Canada and MJ growing licenses are in hand. The licensing process involves 7 stages and is known to be lengthy process over the course of 6-12 months.
12. The Natural Stuff company, recently acquired by AMFE, has been approved for an MJ industry drink with details to be released in the near future – Canada legalized recreational MJ July 1, 2018. Also pics and tweets on Twitter showing lots of shipments of Natural Stuff’s signature energy drink going out the door!
"Framework development for the distribution of infused products"
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Provides-General-Overview-on-New-Year-2018-s-Immediate-and-On-Going-Focus-for-the-Company?id=179442&b=y
13. Cloud Accounting Software acquisition. See 8/29 PR and 8/22 PR. This will be perfect to roll out into the 14 planned corporate locations and the 36 planned franchise locations. (Currently 23 very interested franchisees)
14. Securing international distribution rights for certain regions for board games such as Cards Against Humanity. They already hold exclusive distribution rights in Canada for Exploding Kittens, Cards Against Humanity, and Bears vs Babies, to name just a few popular board games
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Update-on-New--amp--Ongoing-Business?id=167015&b=y
15. On the October 8th radio show, Roger mentioned there are 10-15 companies they are currently in discussions with for the GRO3 microbial systems. These are cultivators that are deep into the planning and MJ licensing processes for their MJ facilities; meaning once approved these should result in purchase orders since they used GRO3 systems in their plans presented to Health Canada. We should be hearing about these soon now that the audit is posted!
16. The Lending Loop Partnership, a peer-to-peer lending platform:
“This partnership solidifies management’s’ commitment to maintain and further increase shareholder value by avoiding traditional toxic financing deals that are becoming prevalent within the industry. In contrast, Amfil is collaborating with financial innovator, Lending Loop, to fuel the subsidiary’s growth at a fair market rate with flexible cash repayment terms,”
http://www.theotcreporter.com/2017/10/19/amfil-technologies-inc-otcmktsamfe-partners-lending-loop/
THERE ARE MANY MORE, I could go on! California legalized recreational MJ January 1, 2018 and Canada legalized rec MJ July 1, 2018. Cultivators need to get their GRO3 systems set up soon in preparation for the high demand. There are countless articles released over the past several months of all the MJ getting recalled in Cali and other states as well as Canada - what's the best solution? GRO3!!
AMFE Twitter: https://twitter.com/AmfilTech
Here's a cool article about S&L http://www.meeplemountain.com/articles/visiting-the-mothership-our-trip-to-snakes-lattes-in-toronto/
OH!! AND BEST ONE YET! ROGER SAID DRINKS AND APPETIZERS ARE ON THE HOUSE COMING SOON NOW THAT THE AUDIT IS HERE! THERE WILL BE VIP SHAREHOLDERS SECTION!
What’s the correct disclosure? Can you provide the audit standard and requirement from the FASB Codification please.
Check my post right before this....
First link on Google for you and Aggie:
"However, if you then go to the instructions to Item 201 you'll see that instruction 3 states that "The computation of the approximate number of holders of registrant's common equity may be based upon the number of record holders or also may include individual participants in security position listings. See Rule 17Ad-8 under the Exchange Act. The method of computation that is chosen shall be indicated."
Since most individual holders hold through street name and not in registered name, this is not a good proxy for actual number of holders. For instance, this is what Facebook says in their most recent 10-K filing in response to this item.
"As of December 31, 2013, there were 4,819 stockholders of record of our Class A common stock, and the closing price of our Class A common stock was $54.65 per share as reported on the NASDAQ Global Select Market. Because many of our shares of Class A common stock are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record holders. As of December 31, 2013, there were 102 stockholders of record of our Class B common stock"
https://www.quora.com/Is-there-a-way-to-know-how-many-individual-shareholders-a-publicly-traded-company-has-in-total
The source isn't great, but i'm sure you'll find the same answer on many other sources. Google is powerful tool - every question anyone ever has is on Google.
I would think he’s starting as soon as possible but there’s planning and meetings with contractors to be had before demolition starts.
There’s a difference. It has to do something with registered firms and brokers and different types of institutions. Just google it and you’ll be amazed how quickly you find your answer.
You are correct. That’s how i understand it. Firms, brokers, institutions. There could be 50k shareholders in fidelity and it counts as 1
I think he will have a better idea once they get all the plans in place. They only just signed the lease this week. A lot of planning to do for design and build out.
Nice close! It’s amazing what the daily trading does when ASCM backs off of his naked shorting and stops boxing in the pps on the ask.
Think of the margins on the self published board games. And selling those at retail price in all the cafes that get getting opened. Gonna be sweet
You have posted the VWAP over and over with General statements of negativity. Please explain in detail how the VWAP metrics correlated to the health of the company, and how one would actually utilize this metric as a technical indicator, and why you believe it to be important. Please add due diligence to support
Yep! In progress for the uplist. Nice eye. Forgot to check that tonight when i went on the site.
I think two weeks max since yesterday which is when roger said everything is submitted to OTC markets. I’m sure he pushed urgency on them after the long wait for the audit. We will see i guess. It will come soon.
I think that flick of the wrist is coming soon after the uplist. Roger said everything is submitted on their end... just waiting for OTC Markets to get through their side of the paperwork.
Any day now imo but could easily be end of next week too... not sure exactly how long it takes, but I would think it takes less than 2 weeks.
Welcome back man! I've also taken a break waiting for that audit. Glad it's here and the uplist should happen any day now.
The 6/30/18 audit is due by 10/15/18 so lots coming over the next month.
Share dividends from the spin-off after the uplist to the QB will be pretty cool - been very patient waiting to find out what the acquisition they have in mind is.
Patience will pay here. The rare pennies that you hold sometimes require patience... i learned my lesson on the last one. Held for 12 months and 4x my money and sold... then it ran to $2.80 from .40 where I sold. Wasn't patient enough as everything started to come together and growth/expansion was setting in.
AMFE's in the same boat. Big things happening right now with S&L expansion and the publishing division.
Can you imagine when S&L starts getting US distributions rights?! When there's 20+ board game cafes in the US over the next 1-2 years... who wouldn't want to give exclusive rights to S&L - the board game experts of the world.
Tomorrow is just one day. Looking out several months from now AMFE will Be uplisted to the OTC QB. The largest quarter 9/30 is about to finish up here in a couple weeks.
Lots of big things coming
Welcome back McKinley! We are up 25% since you left when the audit completion came out.
*NEW* UPCOMING CATALYSTS AND DD - near term - Here is a list of all the upcoming catalysts:
9/13/2018 Tweet: "Its all happening! Audit is out of the way, and we are on to bigger and better things! So much happening with ALL subsidiaries. We hope you are as excited as we are. First off, look for a Snakes update Monday. More to come shortly after! #WorldDomination"
https://twitter.com/AmfilTech
1. AUDIT COMPLETE Uplist to OTC QB coming in 1-2 weeks (Very Soon)
2. SHARE DIVIDENDdetails for the spin-off of Interloc Kings - FREE SHARES!! Roger tweeted that he thinks investor sentiment will be very positive once these details are released. AND per the PR, they plan to do an attractive acquisition of a company into our new public company that has the same potential that S&L has shown!
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Shareholder-Dividend-From-Subsidiary-Spin-Off?id=162673&b=y
Per recent tweet, details will be announced shortly after the audit completion and uplist
3. Uplisting the OTCQX when we reach .25 PPS
4. SNAKES & LATTES in TEMPE, ARIZONA: Opening of the brand new corporate owned location end of September 2018. New Locations announced with firm commitments in:
-Charlotte, North Carolina (Potentially 2 locations)
-Houston, Texas
-Denver, Colorado (Corporate Owned)
-Fort Collins, Colorado (Corporate Owned)
-Las Vegas, Nevada (Corporate Owned)
-Canada, Hamilton, ON (Franchise)
-Canada, Kitchener/Waterloo, ON (Franchise)
-MANY MORE TO BE ANNOUNCED SOON!
9/4/2018 PR for above locations: https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Provides-Update-On-The-USA-Expansion-of-The-Snakes--Lattes-Subsidiary-Including-Charlotte-Houston?id=202628
The S&L U.S. Headquarters to be opened in Chicago with a distribution center and corporate S&L café.
A US investor has committed to opening SEVEN locations in Southwest USA over the next several years (3 announced above)
Recent PR: https://ih.advfn.com/p.php?pid=nmona&article=76346418
Franchising coming soon in 2018; The 6/21 PR mentions there are deep discussions with franchisees for a total of 23 locations in the USA!
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-AMFE-Provides-Update-on-Snakes--Lattes-Inc-Expanding-Retail-Distribution-and-Publishing-Operation?id=196115
More details: https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Discusses-the-Plan--amp--Status-for-the-Franchising-of-the-Snakes--amp--Lattes-Inc--Subsidiary-and-the-Expansion-of-the-Game-Publishing-Division?id=167835&b=y
Franchise Mapping Structure announced in PR which includes 50 new locations to roll out into Canada and the US:
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Provides-North-American-Franchising-Guidance-for-Snakes---Lattes-Inc-?id=170873&b=y
5. Record Q4 6/30/2018 financials to be released most likely in September 2018 with the 6/30/2018 AUDITED Financials.
7. Additional GRO3 updates coming soon.
Per tweet - "Big GRO3 meeting later this week. Ambrose and team have been working away behind the scenes and while we know it's been a bit quiet on that subs front for some time, we will be providing some updates within the next few weeks that we feel shareholders will enjoy. Stay tuned!"
Per 8/24/17 tweet and 8/29 PR - another larger deal with the 4000 sq ft Ontario facility coming! First purchase order was for $1.25M. This cultivator is currently building out the facility and going through the licensing process which takes up to 10-14 months.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Purchase-Order-Commitment-for-EcoPr03-GRO3-Systems--amp--Roto-Gro-Units?id=165047&b=y
The 2nd larger purchase order was announced 9/4/17 for another order that is 2.5x the first order of $1.25M so roughly $2.8M. Roger mentioned on the Oct. 8th radio show that this same company could bring in 10x more in revenues if they decide to outfit their entire operations.
See also https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134261600
From the 1/3/18 PR: "The company will set up a showroom in California, showcasing the product lines for the Californian market as we anticipate it becoming a large focus of the company’s sales and marketing efforts. Key personnel residing in California have been hired and will be handed the existing leads and ongoing discussions the company is undertaking with Californian cultivators in order to close the leads and realize sales.
9. Board game publishing and manufacturing - per the PR, they plan to announce details on two games currently under development, one being their own. They live and breathe board games, I'm sure this will be a popular game - and think of how many people/board game creators have been approaching them to publish and manufacture their games?! They have the retail locations to test out the game idea, then publish/manufacturer it, then distribute the game through their logistics they already have set up AND sell in the S&L retail locations and online. The perfect set up. They received $200k already in July 2017 for the 2nd board game to be published.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Update-on-New--amp--Ongoing-Business?id=167015&b=y
Most recent PR: https://ih.advfn.com/p.php?pid=nmona&article=76346418
Per the 9/11/17 tweet: "Our Hollywood established graphic designer is about to start a publishing project for us. Breaking into the publishing is going to be big!"
Per the 6/21/2018 tweet: "Who is excited for the very first in-house published game titles? Over-subscribed kickstarter campaign through Morning... We are excited to go to manufacturing/production within days! The publishing division has officially gone online!"
The recent MORNING, INC. ACQUISITION will significantly add to revenue growth as they already have several heavily funded games they ran Kickstarter campaigns for... we acquired them for $150k with NO DEBT - because AMFE makes very attractive deals for their acquisitions.
"Kill The Unicorns" and "Red Panda" among other popular funded games from Kickstarter were acquired with the Morning acquisition and will be rolled out in time for the busy holiday season.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Announces-A-Firm-PO-Received-From-Walmart-For-Multiple-Of-The-New-In-House-Published-Game-Titles-?id=197397
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-AMFE-Provides-Update-on-Snakes--Lattes-Inc-Expanding-Retail-Distribution-and-Publishing-Operation?id=196115
10. Cineplex Game Nights are hosted at Cineplex locations where the S&L game gurus go and drop their board gaming knowledge on the Cineplex crowds. Possibly more to come from this partnership with a multi-billion dollar company (Cineplex).
11. Health Canada approval of GRO3 microbial system - The GRO3 team assists MJ cultivators with their applications and plans to submit to Health Canada which includes the utilization of the GRO3 systems. These will all turn into purchase orders once approved by Health Canada and MJ growing licenses are in hand. The licensing process involves 7 stages and is known to be lengthy process over the course of 6-12 months.
12. The Natural Stuff company, recently acquired by AMFE, has been approved for an MJ industry drink with details to be released in the near future – Canada legalized recreational MJ July 1, 2018. Also pics and tweets on Twitter showing lots of shipments of Natural Stuff’s signature energy drink going out the door!
"Framework development for the distribution of infused products"
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Provides-General-Overview-on-New-Year-2018-s-Immediate-and-On-Going-Focus-for-the-Company?id=179442&b=y
13. Cloud Accounting Software acquisition. See 8/29 PR and 8/22 PR. This will be perfect to roll out into the 14 planned corporate locations and the 36 planned franchise locations. (Currently 23 very interested franchisees)
14. Securing international distribution rights for certain regions for board games such as Cards Against Humanity. They already hold exclusive distribution rights in Canada for Exploding Kittens, Cards Against Humanity, and Bears vs Babies, to name just a few popular board games
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Update-on-New--amp--Ongoing-Business?id=167015&b=y
15. On the October 8th radio show, Roger mentioned there are 10-15 companies they are currently in discussions with for the GRO3 microbial systems. These are cultivators that are deep into the planning and MJ licensing processes for their MJ facilities; meaning once approved these should result in purchase orders since they used GRO3 systems in their plans presented to Health Canada. We should be hearing about these soon now that the audit is posted!
16. The Lending Loop Partnership, a peer-to-peer lending platform:
“This partnership solidifies management’s’ commitment to maintain and further increase shareholder value by avoiding traditional toxic financing deals that are becoming prevalent within the industry. In contrast, Amfil is collaborating with financial innovator, Lending Loop, to fuel the subsidiary’s growth at a fair market rate with flexible cash repayment terms,”
http://www.theotcreporter.com/2017/10/19/amfil-technologies-inc-otcmktsamfe-partners-lending-loop/
THERE ARE MANY MORE, I could go on! California legalized recreational MJ January 1, 2018 and Canada legalized rec MJ July 1, 2018. Cultivators need to get their GRO3 systems set up soon in preparation for the high demand. There are countless articles released over the past several months of all the MJ getting recalled in Cali and other states as well as Canada - what's the best solution? GRO3!!
AMFE Twitter: https://twitter.com/AmfilTech
Here's a cool article about S&L http://www.meeplemountain.com/articles/visiting-the-mothership-our-trip-to-snakes-lattes-in-toronto/
OH!! AND BEST ONE YET! ROGER SAID DRINKS AND APPETIZERS ARE ON THE HOUSE COMING SOON NOW THAT THE AUDIT IS HERE! THERE WILL BE VIP SHAREHOLDERS SECTION!
Congrats man! can't wait to make a trip out there when the new S&L location opens!
Do you not watch the daily trading activity? Did you not notice when the MM showed up, ASCM, the bid whacking started and the pps got boxed in by hidden orders on the ask?
Pay attention to L2 and the buy/sell activity and you'll learn how these MMs make money down on the pink sheets.
Rule #1 - don't sell shares into ASCMs bid... or he'll use them against the stock you're trading to drive the pps down and profit on his short position. Naked shorting is illegal but he does it anyways.
Yeah I was surprised he threw in that much but he's a big time stock guy so he must have been impressed with the DD!
Exactly! The diversity in AMFE's subs is something you don't see in stocks at this level on the OTC markets/pink sheets. One more large investor comes through and boom, we get another 10 locations which would move us to over 20 already. $2B market cap puts us up over $4 per share in the coming years.
Going to be exciting times - and then to think the publishing/manufacturing division takes off like it should?! Man... it's going to be huge.
And GRO3 is a cherry on top which could send this thing flying.
The word is getting out I think.
A friend of mine picked up another 500k shares around .11 last Friday to add to his 750k shares.
We bounced off support at near the end up day so I think we can head back up tomorrow once ASCM and whoever else is done playing games.
*NEW* UPCOMING CATALYSTS AND DD - near term - Here is a list of all the upcoming catalysts:
9/13/2018 Tweet: "Its all happening! Audit is out of the way, and we are on to bigger and better things! So much happening with ALL subsidiaries. We hope you are as excited as we are. First off, look for a Snakes update Monday. More to come shortly after! #WorldDomination"
https://twitter.com/AmfilTech
1. AUDIT COMPLETE Uplist to OTC QB coming in 1-2 weeks (Very Soon)
2. SHARE DIVIDENDdetails for the spin-off of Interloc Kings - FREE SHARES!! Roger tweeted that he thinks investor sentiment will be very positive once these details are released. AND per the PR, they plan to do an attractive acquisition of a company into our new public company that has the same potential that S&L has shown!
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Shareholder-Dividend-From-Subsidiary-Spin-Off?id=162673&b=y
Per recent tweet, details will be announced shortly after the audit completion and uplist
3. Uplisting the OTCQX when we reach .25 PPS
4. SNAKES & LATTES in TEMPE, ARIZONA: Opening of the brand new corporate owned location end of September 2018. New Locations announced with firm commitments in:
-Charlotte, North Carolina (Potentially 2 locations)
-Houston, Texas
-Denver, Colorado (Corporate Owned)
-Fort Collins, Colorado (Corporate Owned)
-Las Vegas, Nevada (Corporate Owned)
-Canada, Hamilton, ON (Franchise)
-Canada, Kitchener/Waterloo, ON (Franchise)
-MANY MORE TO BE ANNOUNCED SOON!
9/4/2018 PR for above locations: https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Provides-Update-On-The-USA-Expansion-of-The-Snakes--Lattes-Subsidiary-Including-Charlotte-Houston?id=202628
The S&L U.S. Headquarters to be opened in Chicago with a distribution center and corporate S&L café.
A US investor has committed to opening SEVEN locations in Southwest USA over the next several years (3 announced above)
Recent PR: https://ih.advfn.com/p.php?pid=nmona&article=76346418
Franchising coming soon in 2018; The 6/21 PR mentions there are deep discussions with franchisees for a total of 23 locations in the USA!
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-AMFE-Provides-Update-on-Snakes--Lattes-Inc-Expanding-Retail-Distribution-and-Publishing-Operation?id=196115
More details: https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Discusses-the-Plan--amp--Status-for-the-Franchising-of-the-Snakes--amp--Lattes-Inc--Subsidiary-and-the-Expansion-of-the-Game-Publishing-Division?id=167835&b=y
Franchise Mapping Structure announced in PR which includes 50 new locations to roll out into Canada and the US:
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Provides-North-American-Franchising-Guidance-for-Snakes---Lattes-Inc-?id=170873&b=y
5. Record Q4 6/30/2018 financials to be released most likely in September 2018 with the 6/30/2018 AUDITED Financials.
7. Additional GRO3 updates coming soon.
Per tweet - "Big GRO3 meeting later this week. Ambrose and team have been working away behind the scenes and while we know it's been a bit quiet on that subs front for some time, we will be providing some updates within the next few weeks that we feel shareholders will enjoy. Stay tuned!"
Per 8/24/17 tweet and 8/29 PR - another larger deal with the 4000 sq ft Ontario facility coming! First purchase order was for $1.25M. This cultivator is currently building out the facility and going through the licensing process which takes up to 10-14 months.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Purchase-Order-Commitment-for-EcoPr03-GRO3-Systems--amp--Roto-Gro-Units?id=165047&b=y
The 2nd larger purchase order was announced 9/4/17 for another order that is 2.5x the first order of $1.25M so roughly $2.8M. Roger mentioned on the Oct. 8th radio show that this same company could bring in 10x more in revenues if they decide to outfit their entire operations.
See also https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134261600
From the 1/3/18 PR: "The company will set up a showroom in California, showcasing the product lines for the Californian market as we anticipate it becoming a large focus of the company’s sales and marketing efforts. Key personnel residing in California have been hired and will be handed the existing leads and ongoing discussions the company is undertaking with Californian cultivators in order to close the leads and realize sales.
9. Board game publishing and manufacturing - per the PR, they plan to announce details on two games currently under development, one being their own. They live and breathe board games, I'm sure this will be a popular game - and think of how many people/board game creators have been approaching them to publish and manufacture their games?! They have the retail locations to test out the game idea, then publish/manufacturer it, then distribute the game through their logistics they already have set up AND sell in the S&L retail locations and online. The perfect set up. They received $200k already in July 2017 for the 2nd board game to be published.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Update-on-New--amp--Ongoing-Business?id=167015&b=y
Most recent PR: https://ih.advfn.com/p.php?pid=nmona&article=76346418
Per the 9/11/17 tweet: "Our Hollywood established graphic designer is about to start a publishing project for us. Breaking into the publishing is going to be big!"
Per the 6/21/2018 tweet: "Who is excited for the very first in-house published game titles? Over-subscribed kickstarter campaign through Morning... We are excited to go to manufacturing/production within days! The publishing division has officially gone online!"
The recent MORNING, INC. ACQUISITION will significantly add to revenue growth as they already have several heavily funded games they ran Kickstarter campaigns for... we acquired them for $150k with NO DEBT - because AMFE makes very attractive deals for their acquisitions.
"Kill The Unicorns" and "Red Panda" among other popular funded games from Kickstarter were acquired with the Morning acquisition and will be rolled out in time for the busy holiday season.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Announces-A-Firm-PO-Received-From-Walmart-For-Multiple-Of-The-New-In-House-Published-Game-Titles-?id=197397
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-AMFE-Provides-Update-on-Snakes--Lattes-Inc-Expanding-Retail-Distribution-and-Publishing-Operation?id=196115
10. Cineplex Game Nights are hosted at Cineplex locations where the S&L game gurus go and drop their board gaming knowledge on the Cineplex crowds. Possibly more to come from this partnership with a multi-billion dollar company (Cineplex).
11. Health Canada approval of GRO3 microbial system - The GRO3 team assists MJ cultivators with their applications and plans to submit to Health Canada which includes the utilization of the GRO3 systems. These will all turn into purchase orders once approved by Health Canada and MJ growing licenses are in hand. The licensing process involves 7 stages and is known to be lengthy process over the course of 6-12 months.
12. The Natural Stuff company, recently acquired by AMFE, has been approved for an MJ industry drink with details to be released in the near future – Canada legalized recreational MJ July 1, 2018. Also pics and tweets on Twitter showing lots of shipments of Natural Stuff’s signature energy drink going out the door!
"Framework development for the distribution of infused products"
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Provides-General-Overview-on-New-Year-2018-s-Immediate-and-On-Going-Focus-for-the-Company?id=179442&b=y
13. Cloud Accounting Software acquisition. See 8/29 PR and 8/22 PR. This will be perfect to roll out into the 14 planned corporate locations and the 36 planned franchise locations. (Currently 23 very interested franchisees)
14. Securing international distribution rights for certain regions for board games such as Cards Against Humanity. They already hold exclusive distribution rights in Canada for Exploding Kittens, Cards Against Humanity, and Bears vs Babies, to name just a few popular board games
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Update-on-New--amp--Ongoing-Business?id=167015&b=y
15. On the October 8th radio show, Roger mentioned there are 10-15 companies they are currently in discussions with for the GRO3 microbial systems. These are cultivators that are deep into the planning and MJ licensing processes for their MJ facilities; meaning once approved these should result in purchase orders since they used GRO3 systems in their plans presented to Health Canada. We should be hearing about these soon now that the audit is posted!
16. The Lending Loop Partnership, a peer-to-peer lending platform:
“This partnership solidifies management’s’ commitment to maintain and further increase shareholder value by avoiding traditional toxic financing deals that are becoming prevalent within the industry. In contrast, Amfil is collaborating with financial innovator, Lending Loop, to fuel the subsidiary’s growth at a fair market rate with flexible cash repayment terms,”
http://www.theotcreporter.com/2017/10/19/amfil-technologies-inc-otcmktsamfe-partners-lending-loop/
THERE ARE MANY MORE, I could go on! California legalized recreational MJ January 1, 2018 and Canada legalized rec MJ July 1, 2018. Cultivators need to get their GRO3 systems set up soon in preparation for the high demand. There are countless articles released over the past several months of all the MJ getting recalled in Cali and other states as well as Canada - what's the best solution? GRO3!!
AMFE Twitter: https://twitter.com/AmfilTech
Here's a cool article about S&L http://www.meeplemountain.com/articles/visiting-the-mothership-our-trip-to-snakes-lattes-in-toronto/
OH!! AND BEST ONE YET! ROGER SAID DRINKS AND APPETIZERS ARE ON THE HOUSE COMING SOON NOW THAT THE AUDIT IS HERE! THERE WILL BE VIP SHAREHOLDERS SECTION!
Yep, the worst thing anyone could do is sell into his bid and give him more shorts to drive the pps down when he has his short position open.
Some of the bid-whacking could also be ASCM and whichever MMs he brings with him so don't fall for anyone fake sell-offs. Just shady MM tricks and hopefully we see less of those when we uplist to the OTC QB and then on the OTC QX as well.
No sellers today. Loose shares getting eaten up and will continue to do so imo. Too much coming
*NEW* UPCOMING CATALYSTS AND DD - near term - Here is a list of all the upcoming catalysts:
9/13/2018 Tweet: "Its all happening! Audit is out of the way, and we are on to bigger and better things! So much happening with ALL subsidiaries. We hope you are as excited as we are. First off, look for a Snakes update Monday. More to come shortly after! #WorldDomination"
https://twitter.com/AmfilTech
1. AUDIT COMPLETE Uplist to OTC QB coming in 1-2 weeks (Very Soon)
2. SHARE DIVIDENDdetails for the spin-off of Interloc Kings - FREE SHARES!! Roger tweeted that he thinks investor sentiment will be very positive once these details are released. AND per the PR, they plan to do an attractive acquisition of a company into our new public company that has the same potential that S&L has shown!
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Shareholder-Dividend-From-Subsidiary-Spin-Off?id=162673&b=y
Per recent tweet, details will be announced shortly after the audit completion and uplist
3. Uplisting the OTCQX when we reach .25 PPS
4. SNAKES & LATTES in TEMPE, ARIZONA: Opening of the brand new corporate owned location end of September 2018. New Locations announced with firm commitments in:
-Charlotte, North Carolina (Potentially 2 locations)
-Houston, Texas
-Denver, Colorado (Corporate Owned)
-Fort Collins, Colorado (Corporate Owned)
-Las Vegas, Nevada (Corporate Owned)
-Canada, Hamilton, ON (Franchise)
-Canada, Kitchener/Waterloo, ON (Franchise)
-MANY MORE TO BE ANNOUNCED SOON!
9/4/2018 PR for above locations: https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Provides-Update-On-The-USA-Expansion-of-The-Snakes--Lattes-Subsidiary-Including-Charlotte-Houston?id=202628
The S&L U.S. Headquarters to be opened in Chicago with a distribution center and corporate S&L café.
A US investor has committed to opening SEVEN locations in Southwest USA over the next several years (3 announced above)
Recent PR: https://ih.advfn.com/p.php?pid=nmona&article=76346418
Franchising coming soon in 2018; The 6/21 PR mentions there are deep discussions with franchisees for a total of 23 locations in the USA!
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-AMFE-Provides-Update-on-Snakes--Lattes-Inc-Expanding-Retail-Distribution-and-Publishing-Operation?id=196115
More details: https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Discusses-the-Plan--amp--Status-for-the-Franchising-of-the-Snakes--amp--Lattes-Inc--Subsidiary-and-the-Expansion-of-the-Game-Publishing-Division?id=167835&b=y
Franchise Mapping Structure announced in PR which includes 50 new locations to roll out into Canada and the US:
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Provides-North-American-Franchising-Guidance-for-Snakes---Lattes-Inc-?id=170873&b=y
5. Record Q4 6/30/2018 financials to be released most likely in September 2018 with the 6/30/2018 AUDITED Financials.
7. Additional GRO3 updates coming soon.
Per tweet - "Big GRO3 meeting later this week. Ambrose and team have been working away behind the scenes and while we know it's been a bit quiet on that subs front for some time, we will be providing some updates within the next few weeks that we feel shareholders will enjoy. Stay tuned!"
Per 8/24/17 tweet and 8/29 PR - another larger deal with the 4000 sq ft Ontario facility coming! First purchase order was for $1.25M. This cultivator is currently building out the facility and going through the licensing process which takes up to 10-14 months.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Purchase-Order-Commitment-for-EcoPr03-GRO3-Systems--amp--Roto-Gro-Units?id=165047&b=y
The 2nd larger purchase order was announced 9/4/17 for another order that is 2.5x the first order of $1.25M so roughly $2.8M. Roger mentioned on the Oct. 8th radio show that this same company could bring in 10x more in revenues if they decide to outfit their entire operations.
See also https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134261600
From the 1/3/18 PR: "The company will set up a showroom in California, showcasing the product lines for the Californian market as we anticipate it becoming a large focus of the company’s sales and marketing efforts. Key personnel residing in California have been hired and will be handed the existing leads and ongoing discussions the company is undertaking with Californian cultivators in order to close the leads and realize sales.
9. Board game publishing and manufacturing - per the PR, they plan to announce details on two games currently under development, one being their own. They live and breathe board games, I'm sure this will be a popular game - and think of how many people/board game creators have been approaching them to publish and manufacture their games?! They have the retail locations to test out the game idea, then publish/manufacturer it, then distribute the game through their logistics they already have set up AND sell in the S&L retail locations and online. The perfect set up. They received $200k already in July 2017 for the 2nd board game to be published.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Update-on-New--amp--Ongoing-Business?id=167015&b=y
Most recent PR: https://ih.advfn.com/p.php?pid=nmona&article=76346418
Per the 9/11/17 tweet: "Our Hollywood established graphic designer is about to start a publishing project for us. Breaking into the publishing is going to be big!"
Per the 6/21/2018 tweet: "Who is excited for the very first in-house published game titles? Over-subscribed kickstarter campaign through Morning... We are excited to go to manufacturing/production within days! The publishing division has officially gone online!"
The recent MORNING, INC. ACQUISITION will significantly add to revenue growth as they already have several heavily funded games they ran Kickstarter campaigns for... we acquired them for $150k with NO DEBT - because AMFE makes very attractive deals for their acquisitions.
"Kill The Unicorns" and "Red Panda" among other popular funded games from Kickstarter were acquired with the Morning acquisition and will be rolled out in time for the busy holiday season.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Announces-A-Firm-PO-Received-From-Walmart-For-Multiple-Of-The-New-In-House-Published-Game-Titles-?id=197397
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-AMFE-Provides-Update-on-Snakes--Lattes-Inc-Expanding-Retail-Distribution-and-Publishing-Operation?id=196115
10. Cineplex Game Nights are hosted at Cineplex locations where the S&L game gurus go and drop their board gaming knowledge on the Cineplex crowds. Possibly more to come from this partnership with a multi-billion dollar company (Cineplex).
11. Health Canada approval of GRO3 microbial system - The GRO3 team assists MJ cultivators with their applications and plans to submit to Health Canada which includes the utilization of the GRO3 systems. These will all turn into purchase orders once approved by Health Canada and MJ growing licenses are in hand. The licensing process involves 7 stages and is known to be lengthy process over the course of 6-12 months.
12. The Natural Stuff company, recently acquired by AMFE, has been approved for an MJ industry drink with details to be released in the near future – Canada legalized recreational MJ July 1, 2018. Also pics and tweets on Twitter showing lots of shipments of Natural Stuff’s signature energy drink going out the door!
"Framework development for the distribution of infused products"
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Provides-General-Overview-on-New-Year-2018-s-Immediate-and-On-Going-Focus-for-the-Company?id=179442&b=y
13. Cloud Accounting Software acquisition. See 8/29 PR and 8/22 PR. This will be perfect to roll out into the 14 planned corporate locations and the 36 planned franchise locations. (Currently 23 very interested franchisees)
14. Securing international distribution rights for certain regions for board games such as Cards Against Humanity. They already hold exclusive distribution rights in Canada for Exploding Kittens, Cards Against Humanity, and Bears vs Babies, to name just a few popular board games
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Update-on-New--amp--Ongoing-Business?id=167015&b=y
15. On the October 8th radio show, Roger mentioned there are 10-15 companies they are currently in discussions with for the GRO3 microbial systems. These are cultivators that are deep into the planning and MJ licensing processes for their MJ facilities; meaning once approved these should result in purchase orders since they used GRO3 systems in their plans presented to Health Canada. We should be hearing about these soon now that the audit is posted!
16. The Lending Loop Partnership, a peer-to-peer lending platform:
“This partnership solidifies management’s’ commitment to maintain and further increase shareholder value by avoiding traditional toxic financing deals that are becoming prevalent within the industry. In contrast, Amfil is collaborating with financial innovator, Lending Loop, to fuel the subsidiary’s growth at a fair market rate with flexible cash repayment terms,”
http://www.theotcreporter.com/2017/10/19/amfil-technologies-inc-otcmktsamfe-partners-lending-loop/
THERE ARE MANY MORE, I could go on! California legalized recreational MJ January 1, 2018 and Canada legalized rec MJ July 1, 2018. Cultivators need to get their GRO3 systems set up soon in preparation for the high demand. There are countless articles released over the past several months of all the MJ getting recalled in Cali and other states as well as Canada - what's the best solution? GRO3!!
AMFE Twitter: https://twitter.com/AmfilTech
Here's a cool article about S&L http://www.meeplemountain.com/articles/visiting-the-mothership-our-trip-to-snakes-lattes-in-toronto/
OH!! AND BEST ONE YET! ROGER SAID DRINKS AND APPETIZERS ARE ON THE HOUSE COMING SOON NOW THAT THE AUDIT IS HERE! THERE WILL BE VIP SHAREHOLDERS SECTION!
Don’t waste your time here like the last ones did.
The DD is too obvious here. Rapid expansion and growth is under way and there’s no turning back now.
Well said. There’s no looking back now.
Let’s just all team together like we have with AMFE and keep finding more diamonds in the rough. Needles in the hay stack. Gold nuggets in coal mine.
If there’s no buyback then this stock has minimal value. I’d recommend a strong sell. Don’t gamble with your money. Protect your capital
I think you’ll be alright
WARNING: 1.493B shares outstanding. Beware of dilution.
Anyone recommending this stock should go back to and re-evaluate their investment strategy. And/or their investment “expertise”.
Just because it’s trip zeros does not mean there’s money to be made here. Clearly the ceo does not care about shareholder value.
I’d stay away here. Just my opinion. 41 years of experience in penny stocks and i have degrees in accounting AND finance. Wait until after a buyback otherwise the risk here is not worth it