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I just heard back from Roger about a week ago.
Chart Technicals
I know I have mentioned this a couple times in the past week. But that accumulation/distribution line looks PRETTY on the chart. Was reading a little more about the ADL and with the price on a slight downtrend and the ADL on a big uptrend, it's definitely a bullish signal.
Bullish ADL Divergence is when the ADL is trending upwards while price is trending down. ADL trending up shows an increase in buying pressure (Accumulation). Assuming volume does precede price, a reversal in price definitely seems possible.
When spotting these divergences, either bullish or bearish, it is best to allow a week or two for the signals to develop.
In the past 2 weeks, the ADL has kept going up with no sign of stopping. You can use the Money Flow Index(MFI) with the ADL to confirm it and in the same 2 week period it has actually gone up slightly. MFI is signaling OVERSOLD.
If you look at chart technicals, it is signaling that a reversal looks imminent and a bullish trend is setting up. We will see how it plays out.
This is all IMO.
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Who is mm OTCX exactly? Don't normally see them do we?
Whats the L2 look like currently? Got a picture of it?
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I am pretty familiar with discord, use it on the regular.
Ready to see what kind of action we have with AMFE tomorrow, a lot of buying at the end of the day today and the accumulation is the highest its ever been. Found it pretty interesting that one of our board members had been selling slowly the past few weeks also, it was for a good cause though and I completely understand why they did what they did! Could be part of our slow minor fall over the past few weeks.
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Noticed the accumulation on the chart is the highest its ever been and is still climbing as we speak, even though the price is falling slightly. Anybody know what that means exactly? Thanks in advance!
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Thank you Shawn! Gave you a member mark back as well! #19
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Thank you Bushman! Gave you a member mark back. #43!
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Jauncy, just responding back to your PM.
Sorry to hear that, definitely not right at all. That really irritates me and nothing even personally happened to me.
Ready for that audit to come out this week though! Arnt you? ;)
If your expectations are not getting met, then why are you here?
$$$ AMFE $$$
TO THE MOON!
No trading volume yet. No buys. No sells. Nothing. Hmm...interesting.
$$$ AMFE $$$
TO THE MOON!
Quit speculating. All I have to say. I want it to happen just as bad as you but I'm not whining on the board all day speculating that its not gonna happen(its getting old), neither is any other true long. I believe in Roger. He wants this just as bad as you.
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That's awesome Garsena! My first buy was a day before yours. June 19th. I also bought more on June 20th too. lol Guess we will be celebrating at the same time! haha!
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My 1 year anniversary will be coming in June! Only about 2 more months and I'll have hit it! Been adding ever since that first day too!
$$$AMFE$$$
Entering the US market. That's HUGE!! Once 1 location is built in the U.S, its just gonna take off like wildfire!
Investing in AMFE is the way to go, they are making so many big moves. This will be a big board stock one day, I have no doubt.
Awesome! Congratulations JRF! Im jealous! lol ;) Good luck to you and the many locations you will have in the future! Cant wait to come visit them!
AMFE FOR LIFE!!
Just curious if anyone thinks the gap will fill from this morning or if it will possibly go any lower than that? Really like what I'm seeing here, gonna take a position soon! Just trying to get in at the best price possible.
Actually the audit is complete.
"Finally, the audit itself is complete! From the engagement to today the entire exercise was examining our transactions over the past three years, deposits, expenses, payables, receivables, contracts, inventory, you name it."
DUH.
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So did we fill the gap at .149? Or do you think it needs to go a little lower?
JACKPOT, I added at about the same price also! I feel like I'm almost stealing them for that price.. :D
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Hey everybody, been a while since I've posted but I've been watching the board every day. Just been sitting back on my shares waiting for that audit/up list news to hit, and looks like its finally here! Going to be some exciting times here starting next week, looking forward to it!
In the mean while, I'm going to go ahead and snatch me up some more AMFE shares today! :D
Side note: Funny that every time that 40,000 share ASK shows up at .158 someone immediately throws a 5,000 share ASK at a lower price. No doubt someone is trying to keep the share price down today. LOAD UP your shares today LONGS, you know whats coming next! ;)
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This is the most ignorant post I have read in the past 9 months since I started following this board. The past few weeks you have been one of the most positive and enthusiastic posters and now your attitude has completely flipped, like AMFIL just fell off the end of the world or something?
First of all, you think the audit will take two years? Come on really.... The audit will be done in the near future. And it will be worth the wait, trust me.
Secondly, when we dropped from .235 it wasn't because of a missed deadline. We had just hit a high of that bull run and it was time for us to cool off.
Third, you specifically, should know how many firms and big players are salivating at the chance to jump in ONCE the audit is done. "pinkies can up-list and not really show any upside for a while IF at all." Again, come on really.... Not AMFE's case.
Go and try to find another POT* or OWC% and see if they have the stability that AMFE does. I absolutely do not worry about AMFE and that is RARE in a penny stock. AMFIL IS a SPECIAL Stock, it IS a SUPER stock.(company also) And if any shareholder thinks this investment is not SPECIAL or SUPER, then they need to re-evaluate their investment.. The company is in the best position they have ever been in and it is only going to get better from what I can see.
I 100% believe in Amfil Technologies and their management and a VOLUNTARY audit taking a little more time than anticipated is not going to affect my view of the massive potential here and success Amfil has had and is going to continue having in the future.
2018 is going to be massive for AMFIL and there are going to be countless PR's this year with spectacular news and you can bet your arse I will be here for all of it and I cannot wait!
Awesome post GoodBuddy! That got me pumped up just reading it! This should be stickied! Just reminds me how good this company is. Glad to have built a large position here since May and cant wait to see where we go in the next few weeks/months/years!
GO AMFE!
The shareholders of record are 453. You can see it here.
https://www.otcmarkets.com/stock/AMFE/profile
Yes, yes I will be buying them ALL up tomorrow! MWAHAHAHAHA!
GO AMFE!!
Curious as the what the BIG NEWS was for the show tonight. Might be getting a PR tonight then also? Either way, we know there are big things happening this week!
GO AMFE!!
Yeah I just read the post from GT now. GTINSPECTOR...hope all is well for your family. Will keep you in my thoughts and prayers.
Exciting times in the AMFE world! Jumped out of my shoes when I seen the news Friday night. Proud to be a LONGTERM shareholder! The next few weeks /months is what I and many others on this board have been patiently waiting for! Can't wait to listen to My Two Cents show tonight!
Got some free powder for tomorrow morning too;)
Go AMFE!
Thanks for the responses Hitman. Interesting that they forecast 2018's revenues. May be a good sign, or maybe not.
Also, does the company have audited financials? I noticed OTCMarkets has an audited status. Just curious if that is correct.
Yes I have already viewed the sticky.
Thinking about taking a position here. Not real sure yet though. Any verifiable or factual DD anyone wants to provide me would be much appreciated. Will continue to do my own DD also. TIA!
~Yamahamer15~
Yep, seems like i'm not as interested now-a-days in sleeping like I used too. Think its partly because of AMFE too. lol We will be rocketing off pretty soon I have no doubt about that. Gonna get some more of these shares before the audit/up-list is released. I've recently looked into many companies that have recently had an uplist and almost every one of those companies takeoff right afterwards, and none of them have even close to what AMFE has going for it IMO.
Many people/outfits waiting to invest in AMFE no doubt. Just need the reassurance of the audit and up-list off the pinks.
Have some fresh powder dropping tomorrow or Monday, gonna lock up some more of those shares into strong hands! ;)
Feels good to be part of the AMFE train!
AMFE to the MOON!
Happy new year everyone!
Here's to AMFE in 2018!
Just swinging by the board to tell everyone Merry Christmas! Been a good Christmas with the wife and 2 pups, woke up to 9 inches of snow this morning so a little bit of a Christmas miracle if I must say so myself. Hope everyone else is having a good Christmas with family and friends! Can't wait to get back to trading tomorrow. Got a good feeling that AMFE is making our move back up now, good things to come!
AMFE to the MOON!
Negatory there ghost rider! AMFE will go much higher than .75! I believe at some point in the next decade it will be $50+!
AMFE to the MOON!
Someone needs to inform them about the gro3 website immediately.
The PR released tonight reminded me why I am invested for the LONG TERM in this company. Amfil is headed in the right direction, cant wait to see where we will be at the end of 2018! How anyone is selling right now with the possibility of taking off any day, blows my mind! Over half of the shares I have currently, have been added in the last month or 2.
One thing I love about tonight's PR is that in between all of the accomplishments that were listed from 2017, they threw some new things in there as well, IMO. Here are some of the great accomplishments that stood out to me:
GRO3 entered into discussions with a California corporation to integrate the EcoPrO3 technology into a 10-acre medical marijuana property which is in development. Don't remember hearing about this before, but could have been announced earlier this year before I started investing.
Employees now exceed 100+ Correct me if I'm wrong but I believe that number is now closer to 150 if not more?
Mill Street Brewery developed Secret Alliance beer in conjunction with Snakes & Lattes to be sold exclusively at Snakes & Lattes locations. Did not know about this. That's awesome! Going to have to try some ASAP!
Snakes & Lattes receives exclusive international distribution rights to some popular game titles to South-East Asia and European markets. OVERSEAS BABY!
Snakes & Lattes partners with the Toronto District School Board, French School Board, Sick Kids Hospital & Day Camps furthering community initiatives. Love the involvement in the community!
Announced 2017 Fiscal Year End Revenues of $6,630,973 USD; Up Almost 2400% Over FYE 2016 Just to remind everyone because...AMAZING. Supposedly its actually even HIGHER per the PR audit process update.
Amfil reduces the authorized share count by 300M, from 900M down to 600M. BOOM :) They also had a 47% reduction in the OUTSTANDING share count this year also.
Snakes and Lattes provides franchising ideal rollout map and guidance on the franchise plans for the company divided into waves 1-4. Cant wait to see how many we have in the U.S. at the end of 2018!
Snakes & Lattes establishes partnership with Lending Loop, Canada's first fully regulated peer-to-peer lending platform focused on small businesses. and Snakes & Lattes has signed an exclusive partnership agreement with CBRE Limited, the Canadian subsidiary of CBRE Group Inc. BOOM :)
Amfil acquires Natural Stuff Inc., Distributors of 28 Black Amongst Other Products. I think this acquisition is going to be much bigger than some people realize!
3rd and largest location to date, Midtown officially opens its doors for business. FLAGSHIP LOCATION!
Audit process is nearing completion which kicks off the uplist, spin-off / share dividend plans previously announced. Management comprehends the expressed interest from shareholders regarding the completion of this process and assures the investment community that this process is progressing smoothly and should be completed very soon. Again, just proves to me that Amfil and its management team care about its shareholders. The audit is so close to being done I can taste it!
Big things have happened, are happening, and will continue to happen in 2018 and beyond. Cant wait to see how much Amfil will grow this year! In the meantime I'll just keep loading up shares at these CHEAP prices!
Also, just want to wish all LONGS and everyone on the board a Merry Christmas and happy New Year! Be ready for an amazing 2018!
AMFE to the MOON!!
MY MESSAGES ARE ALL IMO. PLEASE DO YOUR OWN DD AND VALIDATION.
No worries! I'll take a look at it myself on stockcharts.
AMFE to the MOON!