$ AMFE $
Ingredients for Long-Term Gains
An article on Investopedia called "4 Signs a Penny Stock is Worth Millions" breaks down the crucial elements for finding that rare gem in the OTC. AMFE has all the key ingredients:
Fundamental Analysis: AMFE is increasing revenues by leaps and bounds with each quarter. Fiscal Year 2017 revenues were $6.6M, and the company almost reached that total in the first QUARTER of Fiscal Year 2018 ($5.9M). The most conservative projections put the entire Fiscal Year 2018 at $24M. Even with massive expansion currently happening with Snakes & Lattes, AMFE is a net profitable company.
Life-Cycle Analysis: An extremely exciting aspect of AMFE is the dual threat of having both Snakes & Lattes and Gro3 subsidiaries. Snakes and Lattes is embarking on the early stage growth phase with a highly successful business model, and a flagship franchise location being opened on Nov. 22nd, 2017. Expansion plans are well-thought out, and will happen in phases. Lending Loop will be providing funds through non-toxic loans at a great interest rate, while providing marketing for the Snakes brand as well as potentially 12,000+ new investors.
Gro3 has their first purchase order lined up and expected to be installed in a 14,000 sq ft facility in Ontario by mid-December. 100 roto-gro units have been ordered for this initial install worth $1.15M. More sales personnel have been added to the Gro3 team to continue making contacts in California and Canada as they near the start of recreational MJ.
Penny Stock Industries: With Gro3 under the AMFE umbrella, we have the sexiness of an industry about to explode, possibly more than anything since the tech boom. It is hard to argue that recreational and medical marijuana legalization is going to slow down or reverse course. Gro3 offers a patent-pending solution to the industry's number one problem - pesticides. Strict testing for pesticides are already causing many growers to have to destroy crops or recall products. Gro3 can help any serious marijuana cultivator to become the most competitive in a crowded field of growers.
Snakes and Lattes is incredibly popular in Toronto. This can be easily seen by the sheer volume of patrons on any given night, or looking at social media postings (especially from the millennial crowd). Many could argue that society is at a "tipping point" of being too plugged in. Board game cafes are on the rise across North America and Europe. Nobody offers the same experience as Snakes with the game gurus and huge selection of games. With a growing distribution network, exclusive rights on many popular games, and a publishing arm still in its infancy, Snakes is a force to be reckoned with.
Sound Management: Nitpickers and those with agendas aside, Roger Mortimer is a first-class CEO who is transparent and has a knack for making solid acquisitions. He and others who run the subsidiaries care about their employees (good wages and work atmosphere), the community (work with Toronto Public Schools), and shareholders (great communication through regular PR's and tweets).
AMFE does not have the issues that many penny stocks have such as high dilution or toxic debt. Mr. Mortimer in fact goes out of his way to make sure the shareholders know how serious he is about taking a better path for growing this company (ie Lending Loop, reduction of AS).
AMFE is a true diamond in the rough. Give this CEO time to continue making major moves, and this company has all the ingredients to be the next millionaire maker in the OTC. I'm long AMFE and could not be more excited about the future!
Compliments of Coydiggity