Amfil Technologies Inc (FUNN)

[recinvestor]

AMFE is very smart to show as little net profits as possible to lower their tax bracket. Rather, they are re-investing their profits into assets that will further fuel company growth and future profits that will likely be used to fuel more growth.

As a growing business, you'd rather use profits to build your business than pay taxes. Or use those profits toward benefits/rewards for employees to increase employee loyalty and satisfaction. Employee engagement and overall happiness is also key to the success of a company!

This is why it's important to see where the company is investing/using their profits, rather than just how much net profit shows in a financial statement.

For an OTC company to be re-investing profits for future growth is actually quite astonishing in the short amount of time they've been profitable with the Snakes and Lattes division.

Don't lose sight of the long term growth curve. This is not directed at you RocketStocks, more of a general commentary for all to ponder.

Go AMFE
Rec