Amfil Technologies Inc (FUNN)

[recinvestor]

Important AMFE current share structure:

No toxic debt or share issuance here!

New / all investors need to know the real current share structure per the most recent filing from the May 7, 2017 quarterly report.

https://www.otcmarkets.com/stock/AMFE/filings

Preferred shares:
A/S 10 million
O/S 4.5 million

Common shares:
A/S 900 million
O/S 444,807,264
Float 223,853,676

The real current market cap is just under $49 million. This is not truly reflected everywhere because some sites have an incorrect overinflated O/S. These other sites are not accounting for 350 million shares that were retired March 1, 2017 and converted to 4.5 million preferred shares.

Why were 350 million shares retired and who owned them?

350 million shares were the exact amount of shares AMFE issued in a reverse acquisition (August 1, 2013) of Interloc-Kings (IK), making IK shareholders majority owners of AMFE. AMFE's current CEO Roger Mortimer was the sole owner/shareholder of all IK stock. Roger became CEO of AMFE.

(Screenshots of all this info from the May 7, 2017 quarterly report are at the bottom of this post)

Since the time of Roger becoming CEO, He's been busy building a great company, acquiring a 50% stake in GROzone, and fully acquiring the Snakes and Lagers brand and its fully owned subsidiary Snakes and Lattes board game cafes.

Interlock-Kings will be spun off into its own company and AMFE shareholders will receive a dividend in whatever this new company will be. See below recent press release.

https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Shareholder-Dividend-From-Subsidiary-Spin-Off?id=162636&b=y

There is so much information that's been shared here on everything else GROzone and Snakes and Lattes. Too much to cover in a single post. Read the last years worth of press releases here to get a fuller picture of the GROzone and Snakes and Lattes divisions of AMFE.

https://www.otcmarkets.com/stock/AMFE/news

OR read a lot of Rocketstocks due diligence posts. This poster ties a lot together with other insightful thoughts on charts and speculated upcoming events.

Go AMFE
Rec

Page 3 of filing


Page 4 of filing


Page 14 of filing