Repost: New Investors and Longs
That simply isn't true. More so than anything a terrible market price sale by an inexperienced investor hurt this PPS than the audit. The audit is simply a scapegoat. If Roger had never mentioned the audit, if AMFE hadn't retained an auditor for a VOLUNTARY audit this stock is above $.20 and everyone knows it. Shaky hands and MM driving this price down to pick up cheap shares for the big run. It's plain as day to see. Those with L2 see it in plain sight. AMFE will recover, and will recover big time. You don't expand into a new country, sign a lease, have commitments for 6 more, go to Colombia, acquire another company, sign distribution rights if the company isn't on solid footing. Oh and S&L is busy, ALL THE TIME. On a Tuesday night it was packed. And each one of those patrons paid $5 just to get into the door, pure profit. How many people frequent a week? Lets do a conservative estimate. 100 M-T 300 on Fridays, Saturdays and Sundays. 1300 customers a week, $6500 in cover charge profit a week and that's conservative. They're making money every single day. And will continue to do so. Tempe will be huge and everyone knows it. Denver will be huge, what's next? Seattle, San Diego, LA, Bay Area, Las Vegas, Portland? And that's just one entity. We haven't even mentioned Gro3 which we know has at least 2 contracts. NSI grew by 66% in customer base. And interlocking Kings is just a little engine that could with enough revenue alone to continue expansion and other projects without dilution. A perfect storm. Will the CEO falter and misstep, of course. Should he be burned at the cross and crucified for relaying timelines he was given by a 3rd party, absolutely not. If you're(investors) afraid, welcome to the stock market and more specifically the pink sheets. Don't risk money you can't afford to lose. Stick to your guns and convictions and the research you've done. To me just S&L alone is a huge winner and will be a market leader in due time. There will be bumps and potholes along the way, twists and turns, ups and downs, but this isn't a place for finicky investors. Buy an ETF if you're(investors) that worried. AMFE will recover, it's not hard to see that. Time and patience are an investor's best friend, yet most lack this. Don't be one of them, trust your instincts and your DD. As Warren Buffet says, 'If you don't see yourself holding a stock for 10 years, don't own it for 10 minutes'
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!
