Amfil Technologies Inc (FUNN)

[recinvestor]

Some new information / speculation for AMFE.

From July 11 - July 28, investors have seen a move in stock price from a low of .0843 to a high of .18.

Taking into consideration this all happened with heavy dollar volume, and the fact that AMFE is not exactly trading in sub penny levels, this is a most impressive move.

This leads me to believe that AMFE may be drawing investment money from a sponsor, like an investment bank that has financial resources to support a strong move like we've seen in AMFE.

Part of the requirements for up-listing to OTCQX is to have an approved investment bank, attorney, or DR bank, (DR = Depository Receipt, aka commercial/retail banks) offer a letter of introduction.

Read here about sponsors:
https://www.otcmarkets.com/services/companies/otcqx-us/sponsors

Part of a sponsor's responsibilities may be to assist AMFE in adhering to disclosure protocols. In other words, helping AMFE achieve that minimum .25 bid price. (the last remaining obstacle keeping AMFE from up-listing to OTCQX)

Read here about other eligibility requirements for OTCQX:
https://www.otcmarkets.com/services/companies/otcqx-us/qualifications

If an approved financial institution is indeed acting as a sponsor for AMFE by way of investment, this institution will likely be a long holder and assist in supporting their own investment with further investment.

So I'm speculating that AMFE has a sponsor in place.

The smaller retail investment community (all of us here) has discovered the tremendous growth prospects that AMFE offers.

But to have a larger investment firm of some sort, give their blessing on AMFE, offers peace of mind above and beyond what the average retail investor offers by way of their opinions on forums and message boards.

And it goes without saying, an approved sponsor wouldn't select AMFE without properly vetting the entire company and concluding that there is long term growth prospects.

Up-listing to OTCQX is a stepping stone from which to launch, because this is where the doors open to a much broader investment base.

We as early investors have done some serious heavy lifting in the early stages, thanks in large part to Roger (AMFE CEO), Ben (founder of Snakes and Lagers), and Ambrose (inventor of the GROzone technology). A separate special shout out to Rocketstocks as well for all of his commentary and shared insight through due diligence!

Once we up-list to OTCQX, any of the early investors who remain in, will likely be taken on an amazing ride as institutional investment steps in (step aside little guys, we'll take it from here), and takes AMFE to a much higher valuation as the company continues its growth and expansion in all areas.

All of this will take time...but for those that stick around, I sincerely believe an investment in AMFE held long, could be a truly astonishing life changer.

So for anyone thinking about selling once we get to that .25 level/QX tier, or start seeing a stall out with another period of consolidation at or near those levels, I believe that is where one will eventually be left far behind as institutional investment and other broader investment communities step in. Think about it..., their STARTER positions will be .25 and up.

Go AMFE
Rec