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Re: nighthawk285 post# 118205

Thursday, 03/29/2018 12:29:13 PM

Thursday, March 29, 2018 12:29:13 PM

Post# of 346685
Nighthawk, we appreciate all questions here and you'll get a response from most of us. I think the biggest thing to look at is what was the stock doing before the uplist and completion of the audit. I've been investing for 12 years and have been a part of a few uplists. Some have gone on an amazing run, up 10-12x PPS, others haven't faired nearly as well. With AMFE you're seeing an accumulation like I've never seen before. It's trading so thinly with shares being scooped up into longs hands that when the audit posts you'll have people chasing this stock. I wouldn't be surprised at all if we saw an 8-10X PPS jump strictly because of all the accumulation and who is holding those shares. Of course it'll settle back down to a proper valuation, which I believe right now strictly on revenue and potential alone should be in low to mid 30's. That's before we get new Midtown revenue numbers with alcohol purchases, their gaming rights and distribution they now have with their acquisition, the new S&L location in Arizona which will easily do 7 figures a year in top line revenue once it opens, and of course anything with GRO3 as the cannabis becomes more and more popular and growers look for an alternative to spraying and using pesticides. Hope this answers your question.

Anything written is opinion based only and never an admission to buy or sell a stock. Do your own research and invest with confidence. Happy Trading!