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And your mentality and understanding of AMFE is why you are a revered LONG among the board...a point not to be argued. Yes, I do believe the audit will be done, but it won't come easy. I would not be shocked one bit if we are still hashing out this audit thing in 2-3 months with a pps <0.05. But with enough swings, we'll get a hit at some point...or at least a walk.
If their medical system is anything to go by, then yes. MRI anyone? That'll be 9 months to get done. Only takes 6 months for Justin though, so there is that.
Quite possible, but given that we have been fooled regarding timeline expectations, I think it wise not to get too far ahead of when we think anything will be accomplished. I'm in another ticker that filed for the QB back in October...still waiting.
Well, you didn't think this endeavour would be easy, did you? Hell, we haven't seen any fins for 7 months. There is time and then there is AMFE time where everything slows down to a crawl. Must be that laid back Canadian way, eh??
Add this to the darkened skies surrounding AMFE right now. Even if/when the audit comes out, it'll be weeks if not months before we actually uplist. Yes, Roger has all the paperwork filled out and has indicated we would uplist very quickly. History has shown over and over and over that his timelines aren't based in reality so keep that in mind if the audit ever does come through.
Congrats to all UBQU holders. We finally made it to the trips. Only 9 more ticks and we will be worthless!!!
UBQU for the win
Perhaps, but one can make the arguement this has been overpriced all year with these metrics. Until fundamentals improve, this will remain a trading opportunity only stock. Take the gains while you can.
Well the CEO did say in his SH letter that HMPQ couldn't get where they are today without SH.
Bingo! This is a pre-revenue company with a few BILLION OS trading at nearly 0.02...risky doesn't even begin to describe this stock. Yes, Hemp is fantastic and if the bill goes through that certainly will be good in general but this company needs to start making some sort of revenue before being bid up to these levels.
True that brother. Better to screw it up while in the pinks. At least general expectations are low to begin with. Here's hoping for a strong finish to 2018, but realistically it may have to wait till 2019. Just hope the upcoming recession doesn't take the wind out of AMFE's sails just as things start going our way.
AMFE
Agree with you here too as well in regards to Morning and NSI. The issue is always the same...expectations. Roger once again indicated in Sept after the first audit was done, getting uplisted to the QB was going to happen in quick succession and possibly might uplist to the QX by EOY. Once again, he is on the verge of being wrong on the timeline by a far margin. I'm not sure what information he has at any given time in regards to all the moving parts, but there is a clear disconnect between his version of reality and reality itself. He needs to clean this up or will continue to be battered by investors, and rightly so. Heavy lies the crown kind of thing, but he is the CEO.
AMFE
True, but it would be nice for just one of these significant timelines to be accomplished sorta around when it is expected instead of always taking much longer. It took 13 months to get the 2015-2017 audit accomplished, but understandable given RBSM didn't have prior numbers to go by. The fact that the 2018 audit alone is just about at 3 months with using numbers they have for previous years is a bit baffling. Really doesn't make sense and doesn't instill confidence.
A sobering reality...if the audit doesn't come through this week, we can essentially write off getting uplisted this year as we will simply run out of time. Considering Roger was "hopeful" to not only uplist to the QB but also perhaps to the QX, not doing either in 2018 will cap a very disappointing year in regards to expected timelines laid out by Roger.
AMFE
527 games...impressive. I see the audit coming out prior to EOY, as early as around the 15th.
AMFE
Saw this happening in early Nov. We now have confirmation at least that Christmas delivery ain't gonna happen. Not surprised but nonetheless disappointed. A blown opportunity indeed. KS really needed to capitalize this year. Next Christmas we're probably going to be in a bad recession and the Unicorn craze may go the way of the Do-Do by then. Well, at least we have the 10k done...oh, wait.
AMFE
I've been known to be critical of AMFE at times, but I've been buying right along at these prices. Until there is a fundamental problem with AMFE, not this short term crap, I won't be selling. Rocket and others here are right about savvy investors know a good thing when they see it.
Again, technically true and I'm pleased on that progress front, but you're thinking like a well informed LONG, which makes up a small portion of this board and a minuscule portion of the general investment public. Gotta at least see the perspective from the ill informed masses that see things very simplistically. If everyone thought like you, AMFE would have been on the NASDAQ already. Unfortunately, the reality is just the opposite. Come shadow me in the ER for one shift and you'll see what I'm talking about. And I mean that sincerely as an open invite.
AMFE
Because investors tend to think that way. 2017 saw 1 opening and 2018 saw 1 opening. I'm happy for both but we tend to live our investment lives by the calendar year. 2018 may finish strong, or not as much as generally hoped. Either way, 2019 stands a better chance, unless my next prediction comes true and the coming recession has a negative impact on AMFE's operations.
AMFE
Wrong? Simply stated we had 1 S&L opening in 2018...Tempe. Midtown opened late last year. Not sure how that is wrong. And yes, I predicted the pps would stagnate until the company was fully audited, meaning that it uplists from the pinks which needed to fully audited before doing so. How is that wrong? We are not fully audited and the pps remains stagnant. Two very simple facts...if one believes in those pesky little things. Cognitive dissonance.
AMFE
Never said the 10k wouldn't be out by EOY, but that I suspect it may be another month minimum before we see it and could still rally before EOY. The reason people keep referring to JRF is valid. How many S&L's came to past in 2018? The answer is 1, unless you know something we don't. And that is due to JRF. This time last year I told Rocket the stock wouldn't go anywhere without being fully audited. Fast forward to Nov 2018 and I'm still right. Cognitive dissonance is a term that should be understood here.
AMFE
All good points and I agree or I would have sold a long time ago. That said, as a micro cap company trying to break out into a larger universe, we need to capitalize on every revenue-producing initiative that we can to it's fullest potential. Avoiding missed opportunities has to be of very high priority here. And remember, if it weren't for JRF, we would still only have 3 locations going into 2019. And where are the 2 other Canadian locations? Still MIA with no futher updates from Roger. I'm guessing we won't see the 10k for another month minimum so it's possible we could see a very late year rally, but it's not looking overally positive at the moment.
And now they are on the verge of missing yet another holiday season.
AMFE
Investors love LOI's, especially in pink stocks that have a great track record of coming through on a consistent basis. Nothing says it better in pinkland than intending to do something. I just signed a LOI with a sherpa to climb Mt Everest in 2019. Definitely gonna happen. You can bank on it. Please invest in my gofundme account. Wake me when we have some actual signed, sealed and delivered news.
AMFE
Yeah, maybe 2019 will be the year, or maybe it'll be 2020 or 2050. But it's definitely gonna happen. Perhaps our great great grandkids will let us all know how things worked out via Quija board.
AMFE
Well, we know as of right now that none of our games are on Walmart's shelves. Roger certainly isn't eager to inform us when either.
Why do you think Morning was bought for so little? They were in financial dire straits. Roger is to accept blame here as he needs to take the bull by the horn and get these Morning guys pushed along which he apparently has not done. If they miss this holiday season because they cannot design a box or a game piece in time, it will be considered a major blunder and Roger will have to accept the responsibility as CEO. The pps has been punished ad nauseum because there continues to be reasons to punish it. It's sadly comical Roger even mentioned we might apply for the QX prior to the EOY. Not bashing him, just calling it as reality dictates. Clock is ticking on this holiday season and ticking fast.
Always
Making
F'ing
Excuses
Christmas season is in full swing. Any word that the published titles we have been waiting on going to hit the shelves in time for the holiday? Or will yet another delay foil that plan. AMFE and timelines are not a match made in Heaven.
AMFE
I agree this PR won't move the stock as it's a LOI only. A signed deal would have been great news. That said, at least we know Grozone is alive. The only real mover for this stock will be the 10k. It's been so since our descent from the ATH August 2017. The question is will the 10k take much longer than expected to come out. 2018 is looking to be a wash for the stock with hopes now pinned to 2019...hopefully.
AMFE
Fantastic article!! Very detailed regarding our MGC. There is a ton of potential here and Mgt is executing very well on initiatives that were put in place the last few years. Pps is at a great entry point and also perfect for accumulation for Longs. The time to much greater awareness is coming fast!!
MGC
Agree and having this Stop sign is yet another noose around this stock...like we needed another one. Last week I stated we are very unlikely to uplist to the QX by EOY as Roger had alluded to. Now, I'm sensing we won't even uplist to the QB by EOY. The one glaring issue with AMFE is repeated missed timelines. Not sure if it's Roger just being inexperienced or something else, but either way, we are in for a long wait to see this thing finally take off. With a potential bear market on the horizon, it may just end up being much longer than anyone here is anticipating.
AMFE
I'm playing chess here and anticipating that next move.
AMFE
Always possible, but not very likely. Again, no big deal if it doesn't but we should all at least prepare for it and lower the expectation. AMFE will get it done, but timelines haven't been their strong suit.
AMFE
The QX uplist will not happen in 2018 imo. Not that it matters to Longs here, but those hoping it will happen this year will be disappointed. I think Roger unrealistically optimistic given we are probably still weeks from the QB uplist.
AMFE
What's the website?
MGCLF
Trading halt may be due to the 1 mil Cannaglobal payment, but I have a feeling it may be more than that. Maybe news getting over to the US, or maybe another aspect of the Cannaglobal deal, or perhaps uplisting off the pinks. IDK, something is a brewing my MGCLF brothers and sisters!! We should know tomorrow night.
MGC
Don't hold your breath. 2018 will go down as a disastrous year in a booming market. With so many other CBD companies coming on board, why would anyone choose UBQU over other high quality companies that actually ship their product in a reasonable time. Unless a miracle happens, UBQU is not likely to recover from this slide. I'm 80% down already. All we can do is accept the fate here and embrace the pain coming.
Damn, I called it on 9-26-18 that rev's would be <900k. I'm either psychic or this company is just that easy to read.
UBQU-where decreasing revenue's and relevance is our specialty
Typical pink sheet move. US investors know very little about this ticker at the moment. That will change very soon IMO which should help support the MGCLF ticker.
MGC
GonzoinHD...congrats!!! PM your cell#, if you want, and I'll text you my #. Welcome aboard!
MGCLF
There are 2...AMF$ and MGCL#. One Canadian, the other Australian. REPCF is positioned very well. YOFOTO is a great partner to have, plus the studies to date are very encouraging. VERY LONG!!!
REPCF