Amfil Technologies Inc (FUNN)

[jrf30]

My HIGHLIGHTS of the report. SO long, so the best parts ...

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Amfil Technologies Inc. posted revenues of $6,630,973 for our FYE 2017 up 2376% from Fiscal Year 2016 which posted $279,045 in total revenue.

The company saw a gross profit of $3,678,780 and a net income of $248,679.

The company as at year end of June 30th 2017 had $267,257 in cash, $4,691,097 in inventory and $6,599,844 in total assets.

Fiscal 2017 was one of the busiest years on record for the downtown locations, with waiting lists and line ups of customers interested in enjoying the venues and total customer numbers up approximately 20% across the board in comparison to their year prior.

Distribution Arm, Fulfillment and Online Sales (Fiscal Year 2017)

Warehouse space increased from 3500 to 8000 sq. ft. to accommodate the rapidly increasing distribution volumes.

Grand opening of Midtown (3rd Location) will be announced shortly and is scheduled for the first week of September. Management projects $3-$4M in additional revenue by year end once Midtown is operational. Currently exploring real estate in Vancouver for the opening of retail location #4.

In Fiscal 2017, the Distribution Sales Team identified a starting 2000 potential accounts as new immediate targets for distribution sales. The sales team has now reached a total of 500 accounts of the targeted 2000 with multiple new orders to be shipped in August and most of these new accounts being opened in the month of July being fiscal Q1 2018.

We have received orders of approx. $1,500,000 in distribution and fulfillment sales in July already, being our fiscal Q1. Given the increase in the distribution and fulfillment division in the first weeks of Q1, management expects an extremely high growth revenue based Q1 financial statement with exponential year over year growth, (this will be the next earnings report, out in November. Awesome numbers coming then TOO)

This division just received an order for two shipping containers of product, approx. 32,000 units of games the company holds the exclusive distribution rights to in Canada. This single order was received from Amazon and is valued at over $650,000 CAD. This order is over and above recently announced orders. This shipment will be fulfilled in August (so also 1st quarter revenues, for November earnings report.)

Interloc-Kings Inc. Subsidiary

Spinoff & Dividend details coming to sync with audit completion and up-listing.

Reduced total outstanding common share count from 664,493,098 to 473,895,499 in fiscal 2017.

The company intends to keep the share count below 500M throughout Fiscal 2018 . The company will reduce the authorized share count down from 900M in order to better reflect the cap we would like to have on the outstanding going forward

Thus far into Q1 of Fiscal 2018 (1 month into the new year and new quarter) we are already hitting revenue figures that exceed the revenues of entire quarters of Fiscal 2017. Our management team is very pleased to say the least with the results thus far and the trajectory that the company remains on into Fiscal 2018. As we look into Fiscal 2018 with eager anticipation and excitement

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Can you get any better than that???? Awesome revenues, positive earnings, amazing growth already, and yet one month into this new year they have more in revenue than in complete quarters last year (Which was the amazing year we are saying was great). A dividend coming (Not many pennies do that) and firing on all cylinders. As I mentioned before - my #1 stock. And tomorrow I hope it makes me VERY happy. I know ... sometimes people "sell on news". If it doesn't explode tomorrow, it WILL come, as this is FUNDAMENTALS, not hype or hope. Already there, and growing NOW.

THE stock to be in. More than just my biased opinion, but backed by things like this report.