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I was pessimistic before. Not anymore. :)
Totally agree, and we should press them in however way we can to do so, but I think that they are moving in the right direction again
Be honest with yourselves. Is a company that (currently) owns 4 cafes (with a 5th location being worked on), a distribution network, and a publishing division worth only .04 cents a share? I don’t.
BUT BUT Revenues!
This is a company that has invested many of its resources in creating the current infrastructure. This infrastructure is built to make more revenues in the future. They have done so by avoiding toxic financing and minimizing dilution. Heck, even the CEO has opted to use his own shares to avoid dilution!
FUNN is quite literally a seed. And even now, some fruits are easily seen. A deal has been inked to open 10 more locations in the USA. Do you have any idea how much press these stores, once open, will generate? How many eyes will see this for what it is, and what it can be?
A smart investor knows when to grasp opportunity when he sees it. These prices are gifts. They were gifts before, even with the pessimistic scenario. They are even greater gifts now, after such a glorious announcement!
I don’t know what you are talking about. This is exactly the news I needed to hear to consider buying more!
This has definitely become a BUY for me again!!
I’m really stoked for these 10 locations.
Each of them will generate a lot of PRs and attention in their own right.
DEAL FOR 10 locations in the USA INKED!
Market sure spoke yesterday! Over 40% increase!
“No compensation will be given until the first 4 locations have been opened.”
If you want to be compensated quickly, (which who in the right mind wouldn’t want to be), then you better make sure these locations are opened as quickly as possible.
In fact, even if the other 6 might take a longer time, the first 4 will be made quickly
“This agreement is independent and will not affect the Tempe, AZ location which is already open as well as the Tucson, AZ location which is in the build out process.”
This is actually amazing! So, we have currently 4 locations...+ Tucson, that makes 5.
Plus the take over of Guelph and the other café in Ontario (https://www.otcmarkets.com/stock/FUNN/news/Amfil-Technologies-Inc-Provides-Shareholder-Update-Confirming-Timely-Kill-the-Unicorns-Shipments-Details-Of-New-Snakes--?id=248598)
That makes 7...
PLUS this deal which will be in the USA for 10 new locations...
17 locations! That’s the start of something!
“The initial agreement is for the opening of ten (10) additional corporate owned locations in the USA, effectively tripling the total number of worldwide corporate owned locations.”
CORPORATE OWNED
“The expansion team is confident in the success of the proposed openings and have agreed to forfeit any compensation until the first milestone of four (4) new locations in the USA have opened.”
NO COMPENSATION WILL BE GIVEN UNTIL THE FIRST 4 LOCATIONS HAVE BEEN OPENED
No, that’s not the only thing that we have:
We have 4 currently open cafes, with a 5th one (Tucson) in process
Nearly 250 employees
A growing distribution network
2 in house published games with more coming shortly
A amped up team of auditors
A growing brand
$FUNN up 27% on news. 10 retail locations opening in the US
$FUNN up 23% on news. 10 retail locations will open in the US
We were extremely undervalued before.
We are even more so now
Multiple in house games are already in the market, and being sold globally
Distribution is set to grow significantly as well, now that we acquired the 2nd largest distributor in Canada
Currently 4 locations + 1 being built in Tucson
2 take overs in Canada bring the locations to 7
Inked deal to open 10 more locations in the US will bring locations to 17.
And this is only the beginning.
Wow, if you are happy, these are great news indeed lmao
You are misrepresenting the information placed in the PR.
This act delegitimizes your questions.
You are being misleading. They did not say that they “have”. But that they “will have”
There is quite a difference between present and future tenses in the use of language
That, in itself is also welcome news. The addition of this new member I mean.
Also, notice how compensation is being withheld until the first 4 locations are built. I expect these to be worked on fairly quickly
Yeeeaaa? Signed documents are bad now?
Why would it be a lie?
If I told you: “I owe you $10.”
And later that week I gave you a letter saying “I owe you $10.”
Did I lie the first time? No, I just gave you more certainty of my word the second time.
No amount of spin can change the fact that this is good news. Please don’t bother to try.
“INKED DEAL” to open 10 locations in the US.
Some will be worked on simultaneously.
This is the first goal for the company.
Please be aware of what this means. We are not even in the “floor level” yet. All this time we have been building the foundation for the massive building that will be “Snakes & Lattes”
Once this goal is met, they will be able to expand with even greater force, probably announcing the opening of 25+ locations....
Again, this is great news.
This is undeniably good news.
Notice the difference in the language though. There is now an “inked deal”. This did not appear on the previous PR regarding the 6 subsequent locations.
The northern part of the island is mostly fine. The people in the southern part of the island are in a panic.
I am good. Thanks for asking.
Right. That is an empirically true statement. It is also an empirically true statement that fewer people defend this stock every day.
Dude. Be serious. The stock says a VERY different story. We have been defending a management that has not cared AT ALL about what happens to the stock, and WE are the ones suffering the consequences.
This is horrible. NO ONE, and I repeat, NO ONE, should be defending this POS. We should ALL be flooding the investor relations office with emails asking why the hell they are doing such a bloody bad job, and when the hell they expect to be doing better.
This is horrible to watch.
In a market filled with nothingness, with “two man companies” or businesses run in the back yard, FUNN stands out as a REAL business, with over 200 employees, that makes REAL money and is REALLY expanding.
But, being the REAL business that it is, it also stands out as having the REAL problems that REAL business have. This is equal parts comforting as it is frustrating.
It is comforting to know you are invested or investing in a REAL company, there are no risks of this being a front to take our money.
There are of course the risks associated with investing in a company that is in such an early stage of growth.
But, then again, that is why the stocks are worth cents and not dollars
The new CEO can’t come soon enough. We need someone who is interested in promoting the stock. FUNN has done a lot of things well but it won’t matter if nobody knows what’s going on
The point of my post was that a good game will generate sales for many years to come, which makes worrying about 1 specific year secondary
Yes. Games are more dependent than other products on holiday sales. This is true. But people confuse board games with video games.
Video games sales are extremely dependent on the timing of their release, and they drop in price very quickly (Nintendo is an exception to this)
Board games however, are far more resilient, and a successful game can become timeless. Chess, for example can be traced for 1500 years. That is why it is far more important to focus on making a good game, than releasing a bad game in a specific time.
This does not prove anything. A successful business plans for the future, not for the now. We all want to see things now, but as an investor I want to invest in a business which is expected to grow.
Everything released points to a business which is growing and expected to continue to grow.
Why are these specific Christmas sales so important? Is there not a product to sell? Do you not see the many retailers around the world ready to sell our product? Is it hard to comprehend that this product will sell this year, and the next and the next and the next?
Excitement is coming back. I like it
Hmm, I don’t know. I think that the fact that both of these sites state a similar range (X million) says something about the nature of the business