Wednesday, August 02, 2017 10:10:24 PM
http://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Revenues-Increased-to--1-809-064-for-Q3-2017-Posting-a-26-600--Growth-Rate-Over-Q3-2016?id=158203&b=y
Cash fluctuates constantly... AMFE is net profitable and $1m debt is nothing for the position they are in. Plus, they are working with a bank to get a LOC.
Try to find a penny stock that does not have debt. $1m is actually pretty low by comparison... They are reinvesting heavily and its coming back as record exponential growth. Every $1 they spend comes back as several more. This is not a time to sit on cash and back off the accelerator.
My postings contain many opinions. So please do your own research
and validation.
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