Amfil Technologies Inc (FUNN)

[recinvestor]

I was not implying that there is an entity with the intent of buying a majority interest in the company.

A publicly traded company usually sets up their share structure in such a way to avoid any hostile takeover, be it by way of preferred shares that have heavier voting rights in case an outside entity does make an offer to buy the company that would require shareholder approval, or strategically issuing enough percentage of stock to insiders while managing the A/S.

Insiders who collectively own majority interest in a company, but individually don't hold majority, may also have an agreement in place with each other whereby they delegate their vote via proxy, to an entrusted leader who has the best interests at hand for the company and its shareholders.

In other words, no worries about a hostile takeover. I'm sure Roger is managing the company just fine.

Go AMFE
Rec