I was just asked "Why do you like $AFYG? Seriously."
Here's why-
I've spent time on the phone with the CEO, and my bullshit meter has never twitched once while talking to him. That in and of itself is enough for me to like it..... But in addition to that;
Unlike most pinky CEO's he's never encouraged me to buy shares, or suggested I should load- only says things like- "I don't expect anyone to believe me, just give me the chance to prove it." I believe he said that in the first CC back in December actually.
No question this got a pump by a couple iHub guys back in November, but they simply just took advantage of the low float and ran it.
Find me another OTC that has No convertible debt, A share structure like this:
SHARE STRUCTURE:
AUTHORIZED SHARES: 250,000,000 shares of common stock with a par value of $0.001
ISSUED & OUTSTANDING: 137,310,336
FLOAT: 26,427,000
RESTRICTED:100,298,336
a low float like this, no dilution verifiable with the T/A, and is on the verge of becoming current OTCQB, and posting 4 years worth of AUDITED filings.
If it takes a little longer than originally anticipated to get it done, so be it- just more time for me to add down here.
Just my opinion, but out of all the CEO's I've ever spoken too- Corey is the only one who's never said to me things like, if I were you I'd add before such&such date, or this is a great level to add- etc....
It's not a share selling scam- he's not selling shares period. Private placements to Qualified investors, are the only means I've seen as far as raising capital- That, and now is in production @ Cambalache. I'll take that versus convertible notes any day of the week-
And now that we're selling silver concentrate.... Money will be less likely needed from even Private Placements.
It's a long hold,... I plan on holding and adding.
Not suggesting you buy it- I don't care one way or the other, I don't really want any competition on the bid to be honest-
As much as Flappo wants to remain 5 for 5 he's wrong, this has none of the typical red flags of a penny scam, other than the fillings got delayed. They need to be actually selling and diluting for it to be a scam. I can prove any day of the week that it isn't, with a simple email.
That's why I like it, in a rather large nutshell.
