Amfil Technologies Inc (FUNN)

[recinvestor]

No, shareholders of record are different than beneficial shareholders.

Example, brokerage firms are shareholders of record and represent thousands of individual clients. ETrade is just ONE shareholder of record for AMFE, but there may be several thousand AMFE shareholders within ETrade. Those individual shareholders are called beneficial shareholders.

So basically, what you see on the OTC markets website under AMFE is true for shareholders of record, but that doesn't reflect the real number of individual shareholders across the investment community. It is probably thousands upon thousands.

Hope this helps.
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Rec