Tuesday, May 22, 2018 2:18:35 PM
These were my feelings 6 months ago when I bought in:
1.) The audit was very close (within days/2 weeks) to being released
2.) Gro3 was a product that would change this company & take it to heights that were in retrospect too optimistic
3.) S&L was a great sub with great potential to supplement revenues of Gro3
4.) Roger was an honest, perhaps a bit optimistic, guy who is all-in on his company & cares about shareholders
This is where I am now:
1.) The audit is nowhere near completion & the financials may be so twisted that no auditor will ever sign off on them in their current state
2.) Gro3 is an optional piece of equipment that, while it appears to be a great system that would solve a lot of potential issues, no one really seems to want
3.) S&L is the ONLY part of this company that has any potential, but realistically, what is the potential value of a restaurant chain? Also, I'm not sure S&L will be able to sustain any sort of longevity once the "new thing in town" feeling has worn off.
4.) Roger manipulates information to try to sway the price of the stock up while knowing that there is no real chance of fulfilling what he says.
Here's the question that everyone has that seems to be asking that is at least pointed in my direction: Why am I here?
AMFE is my first pink investment. When I invested, I invested nothing more than what I was willing to lose 100%. Of course that's never the goal, but I stayed realistic. Six months later after my initial buy in, I have not & will not be putting anything more into this. I also will not be selling this until it either reaches my goal (not high at this point) or it reaches $0. Also, while I'm still here, I will not sit back & watch misinformation be spread trying to sucker in people like me who bought the hype only to lose close to 40% value in 6 months. Believe whatever you'd like from this but I've stated this many times. I speak for myself & only myself.
Regardless of what anyone thinks I should do with my money or investments, I will not sell 6 months later at a 40% loss. I will, though, continue to share my displeasure and concerns over this company if I feel they are fair. I believe it is fair to question the audit. I believe it is fair to question the direction of Gro3. I believe it is fair to question misleading information that is shared here.
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