The steps toward OTCQX uplisting are also coming together.
From what I recall, as of earlier today, there were only 4 items left on the list that AMFE had to accomplish in order to uplist.
1 A board of directors
2 Letter of recommendation from an approved sponsor
3 .25 bid price for minimum period of time
4 Audited financials for 3 years
1 I think tonight's news was the first mention of a board of directors. Cross that off the list. Congrats to Ben Castanie (founder of Snakes and Lattes) on his newly appointed position to the board of directors.
2 I've stated my opinion that AMFE may already have a sponsor (investment bank) in place, helping AMFE get to that minimum .25 requirement.
3 AMFE is inching closer and closer to that .25 price point
4 AMFE has an auditor in place and an estimated completion date for the audits within the next 2 months
Were it not for the exchange AMFE currently trades on (OTCPINK), the wider investment community would be head over heals for the kind of news we've been getting and the steps AMFE is taking to become a big time player within its sector.
The majority of times, these kind of moves are done when a company is still private, working to get an IPO on a major exchange.
Investors here have the amazing opportunity to buy in before it goes big. And when I say big, I'm talking OTCQX first, and then eventually NASDAQ.
Unless you were extremely well connected with a ton of money, you weren't able to invest in companies like FB, TSLA, or V before they IPO'd.
Guess what...? There's an opportunity to buy into a company making similar moves that most other companies went through before they IPO'd. Not saying it's as big as FB or the others, but you get the point...
It's called AMFE :)
Best to all here who have the vision and stamina to hold long!
Go AMFE
Rec
