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Answer is: No, this is not a penny scam. Too much substance here to call it that. Lots of potential and talent to move this company forward.
We are definitely ready for our next bump up. For those of you who are betting on this going back down, I'm sorry to say you're probably going to be disappointed. The next bump is to $0.06, and then a steady climb from there. But that's just my opinion.
FUNN is primed and ready for its next bump up. I feel it in my bones.
I think this was a great interview with Rogen. Even though it's just confirmation for what most of us here already know. This company is definitely moving in a positive direction, and I really do believe that the sky's the limit. Once this company gains momentum, gravity will do the rest. Successful companies take time to build, but the important thing is they keep moving in a positive direction. FUNN is definitely doing that.
https://www.amfiltech.com/rogen-interview
Overall pretty good day. It looks like we should hold solid at this level until we're ready for the next bounce. FUNN is still undervalued in my opinion. I'm betting on the value to ramp up tenfold over the next year. It's long overdue. We've had some setbacks but we're still moving in the right direction. Phenomenal concept, great company, and a great future from what I can see.
It's simple. People sold off at the beginning of the pandemic because they weren't sure Snakes & Lattes would survive the storm. This drove the price from five or six cents down to one or two cents. Now that covid-19 is rapidly going away, restaurants are going to be opening back up to full capacity. Snakes has proven itself to be a strong company and has even more value now than it did before. The same people that sold are buying back in and trying to get ahead of the Curve.
Great start to a Monday morning! Good sign for the rest of the week!
Very true. But I can tell you that number of people who died with CV19 as the only cause of death on their death certificate is very small.
What about the 5 million people who died from heart attacks and strokes because they got delayed care? What about the 12,000 people worldwide that are dying everyday from suicide? Do you realize that more than 60 million people died this year worldwide. What about the skyrocketing divorce rate and lives destroyed? What about the millions of kids had a pivotal point or laugh he will fail to Launch. They are our future. People who die from CV 19 pre-existing health conditions. The average age of death from CV 19 is about 76 and some change. The average age of death in general is 77. That's literally about six months difference. If you're over 70 you have a 1 in 200 chance of dying from this virus . Setting the world on fire to to extend people's lives by 6 months is lunacy. Allowing so many millions of people to die because of delayed care is criminal.
10.6 million is confirmed cases. Not all cases.. Estimated mortality is is .03%. That puts the actual number of infected at 81 million. 81 mil is 25% of the population. Please do the math. That is more than a third of the way to herd immunity. No Fox News necessary, just numbers and statistics, and critical thinking. I'm not an investor, bur I am a physisist. Bye the way
I tested positive for CV19. I've suffered way worse. I know others who got sick and didn't get tested. This is reality.
My goodness. Only a small percentage of the people who catch it get tested. The number is a lot higher than 10 million. Not only do asymptomatic people not get tested. But a very large number of people who show symptoms do not get tested either.
By the time summer comes , this thing will have just about resolved itself without any need for a vaccine. The vaccine will be nice for people in high-risk groups.
Knowledge is power.
Nope. 60%.
We're over a third of the way to herd immunity by my estimation. That alone slows the spread by 1/3. And the death rate has dropped to less than 25% of the deaths they were attributing to covid-19 in the beginning.
The previous audit was very close. And the trajectory of quarter-over-quarter gains, along with a lot of evidence of company growth and expansion support a number like 15M. It makes no sense at all for it to be 7.7M. That money is there, and I'm confident that it will be cleared up soon. The company keeps growing and expanding , that's what matters to me.
I have to say, I am completely amazed at how well FUNN is progressing, despite all of the tremendous hurdles that the world has brought on this year. So many businesses have gone under, and they just keep chugging along. They seem to keep growing and never take their eye off the ball. This company has a very bright future in my opinion.
Let's not start the day off with exaggerations. The unaudited numbers and audited numbers have always been very close. In some cases to audited numbers were actually a lot better. If I remember correctly, the last audit was off because they had to leave out a quarter due to incomplete information from a vendor. When they get that straightened out, I'm very confident that the numbers will be right and true.
I enjoyed reading his posts . He will be missed. Thank you for letting us know.
I get my number straight from the CDC and the World Health organization's website so so much for your theory about propaganda bulshit. Tell you what, just do some research on the accuracy of the RT PCR test. And then go plug the numbers into Bay's theorem. Pretty simple stuff. It doesn't take a lot of effort to ask a few people who work in the medical industry what they think either. All in all, everything that I said was true. And I don't watch or listen to mainstream Media or social media, so zero chance of propaganda influence in my thoughts
Well, Fauci is a fraud in my opinion. The most of the RT PCR test kits from the past where emergency use authorized by the FDA. Most of them were highly inaccurate. Even the most high quality test kits produce 50 to 70% accuracy. Probably 5 to 10% false positives. Strange how 8% of the people who get tested test positive don't you think? Strange how most of the people dying are in hospice or already have chronic diseases don't you think? Strange have flu cases dropped by 80% one week after the stay-at-home order back in March don't you think? Strange how 97% of the cases even investigation privacy DC come back as negative. Strange how they seem to have stopped investigating the cases back in February, even though a third of the cases are diagnosed without testing. I've talked to a lot of people who work in the medical industry, and there is a lot of fraud going on. Fear is the oldest tool in the book to control people. Fear can make people sell stocks when they shouldn't.
Agreed
So Snakes & Lattes and all of the 200-plus employees at employees is a scam? The board game publishing and Manufacturing that creates so many jobs is a scam? The cafes and all of their thousands of good reviews is a scam? I wonder if the hundreds of people who are employees and feeding their families know that? If this is a scam, then I really like scams. Really need more scams like these in the world!
Relief is near. Several different viral Therapeutics have been given the green light. They should substantially reduce the mortality rate and the load on the hospital systems. Manufacturer of ventilators and CT scanners and the like is happening at record pace. The closer's of the restaurants, the stay-at-home order, and such, is just to slow the spread of the virus and buy us time to stock our hospitals with necessary equipment. All of this along with the rapid manufacture of test kits that show results in 45 minutes, and test kits that you can do at home, it's all very promising. China and the USA are in a race against each other to create a vaccine. Nothing like competition amongst the rivals to speed up the process. Australia has streamline the process to create a vaccine and will probably beat both the USA and China by six months they say. This will all be behind us soon. Once these viral Therapeutics show their efficacy oh, and the hospital's get ahead of the curve, these restrictions should be lifted. Not to mention that warm weather is coming, which will significantly degrade the virus and its ability to infect people.
FUNN should come out of this just fine. The stock market will rebound quickly. Everybody do your part to stop the spread of the virus and I believe we will emerge from this a better world. We should all celebrate a Snakes & Lattes location when it opens up!
Totally agree, any idiot should have seen this epidemic coming months ago. I mean come on, what kind of company closes the doors just because the government tells them to? This stock is a turd!
Investors seem to forget that every restaurant worldwide is in the same position. It's not like snakes is being beat up by the competition. I don't know about Canada, but in the US the government said that there will be no evictions during this time of crisis. Rents will be suspended and there will be a bailout for the restaurants. Banks and lenders will most likely suspend mortgage payments, and reaffirm new agreements after the crisis is over. They're not going to let the whole restaurant industry worldwide collapse.
Construction and essential services are still allowed to continue operations at this time, so new cafes can continue to be built. Snakes & Lattes is an impressive company, and I believe they have what it takes to make it through this and to come out swinging.
STANDING STRONG HERE. THIS TOO SHALL PASS. FUTURE IS STOLL BRIGHT!!!
My wife works in hospice. She hasn't lost anyone to COVID19, but patients are dying left and right from stress, anxiety, depression, and just the overall affect of this monumental overreaction.
When this thing blows over, people will be celebrating. Restaurants and bars will be packed. Snakes will thrive. It will be like a new awakening.
It absolutely will not take 12 months to blow over. It might come back and 12 months, but in all likelihood this will blow over in 30 days. Maybe less
You can say it a thousand times, but you're wrong!
The coronavirus has all but stopped spreading in China. More people are recovering then are getting sick. The flu kills far more people every year. In one month the cases will be so few and far between that won't even be newsworthy. Nice try though.
Funny, I still frequent a lot of restaurants and haven't seen any slowdown in any of their businesses. Just because the media is making a big deal out of this and the stock market is overreacting doesn't mean the rest of the country is that stupid.
I'm right there with you Plow. How the F#*!can someone call $10,000,000 in sustained business, with all the markers for increased growth in place, a "FAILURE."
How detached from reality does one have to be to think that. Do they not know where this company from to where it is, in such a short period of time? Oh, must be a scam!
Those who can't do, criticize.
Quote: "Seems Like A Story Would indeed have to be fabricated. 1.3% growth is indeed factual, as are all of the many, many failures to date. The Market clearly sees those facts. "
Try 4000% growth over 3 yrs.
Quote: "PigiCorn? PigiCorn is a dud."
PigiCorn is part of Kill The Unicorns, so why would you list it separately in your so called list of failures? To make your list look bigger? Why would you do that? Hmmm...
Quot: "NSI? Gro3? ILK? All are failures. "
Roger already owned ILK when he bought Amfil. No one ever expected him to grow it into a wild success story. Please provide proof that it is a failure.
Please provide proof that NSI was a failure. Roger purchased NSI for 750,000 restricted shares. HUGE loss huh... we don't know if there was any loss/ or gain from that deal. 28 Black is still being sold, so for all we know, there was a profit that came from that.
Grow3 may still surprise us. They sold several units to Roto Grow, and Kalvara as far as I know.
Quote: "KTU and Red Panda? Both are duds. Can't even reach fad status; since they're not even popular. "
Way to early to be making those kind of statements. KTU had a lot of support during its Kickstarter campaign, and they just started distribution less than 3 months ago.
Show me some stats that prove Red Panda is a dud.
"S&L Publishing SAS? Wally's 20+ month order remains unfilled. Is that a feel good story? "
This has been gone over at nauseam. They decided to first go with many smaller vendors who have a more intimate relationship with the board gaming crowd. Wallmart will get there's soon enough from what I understand.
Quote: "S&L Inc. last opened a new cafe October 2018. A rate of
So, yeah.....lots of fabricating would have to happen. "
This was held up because of the uplisting process was holding up their ability to franchise. They switched gears and decided to go the JV route. Anyone keeping up with the PR's knows that they're in the fast track to open up 10 cafes in the near future.
Quote "Please be specific about the story telling tall tale angle again. What factual evidence did you have in mind? "
Please provide more facts and evidence to support things you say in your posts, without putting spin on it.
More like: We build homes. The first two didn't turn as much profit as we would've liked, but we've built a great network of tradesmen since then. We can build great homes alot faster, and at a much lower cost, and were the only ones who build this style of home!
I totally agree with you DFLY. You'd have to be a Bubba not to understand. ! Don't be a Bubba. Invest in FUNN!
I knew it was going to be in the .05's today. Tomorrow. 06's I bet. Goes to show that the true value of this stock. It's way higher than it's trading for currently. This is probably the last chance to buy at this level. Financials coming soon.
Worldwide!
That's awesome! It already feels like a Nationwide brand. Snakes is going to be huge!
Goodbye 4's. I haven't seen this kind a volume since 2017.
This is very good news.They must have 4 of the 10 locations already nailed down.