Still vacationing, chiming in on Tweets from yesterday.
How I interpret the tweets:
The next filing (fiscal year end) will be the best ever. Assuming they're audited, we'll be well on our way to uplisting as soon as regulatory filings are approved.
Authorized/outstanding reduction could just mean that OTC markets will finally be updated to reflect the actual current O/S and float from the last quarterly filing. OTC markets currently is not reflecting the proper share structure, which is way more attractive than what's shown.
The share structure should be updated in conjunction with the spinoff of Interloc-Kings (IK) because there were 350 million common shares converted to 4 million? preferred shares from when Roger brought IK into the AMFE family. Somehow the share structure of AMFE will need to reflect/be rebalanced accordingly.
I hope to hear details about this in the shareholder update that was mentioned in one of the tweets yesterday.
The #Buyback? may suggest or hint that the company is considering this...but nothing has been officially announced yet. I would be most excited to see this officially announced, as common sense tells one that any reduction in supply of shares, put back into the companies hands, decreases the supply available to the public. And as we've seen, there seems to be healthy demand for shares here. Supply / demand is the basic fundamental that helps fuel a higher move.
This tweet:
"Large poultry plant sale in the works. Workin with Health Canada, got specific approval allowing higher than normal doses of ozone approved!"
The way I interpret this is nothing to do with chicken biz, lol. What I speculate is that some sort of large MJ grower is buying this poultry plant, and is in discussions with AMFE to outfit the grow facility with multiple GROZone Ecopro3 units. And the follow up on Health Canada just means that the Ecopro3 unit may already have the nod of approval from Health Canada by way of meeting strict regulatory measures they'll place on approved growers in Canada. Based on how the Ecopro3 units apply ozone in the organic grow process, the placement of multiple units in one location via a contract, would explain the "higher than normal doses of ozone approved" comment. Or simply that Health Canada has approved the Ecopro3 units...
This is how I read into and interpret the tweets from yesterday.
Enjoy the 4th of July festivities everyone!
Go AMFE
Rec
