Wednesday, May 30, 2018 6:59:28 PM
Let's take a look at Roger's (Amfil's) Mission:
Amfil Technologies Inc. is a publicly traded entity, trading on the OTC Markets Exchange under the ticker symbol AMFE. Amfil took a new business approach beginning in 2013 when management changed. Amfil now focuses primarily on the acquisition of income generating private companies and optimizing their operations under the Amfil Technologies umbrella.
Amfil is focused on growing shareholder value by allowing investors access to self-sustaining small to medium sized businesses with proven profitable strategies, and identified as having substantial potential for future growth. Amfil seeks to achieve long-term financial returns consisting of regular dividend income, benefiting from preferential tax treatment, and expecting modest mid-to-long term capital growth. Amfil Technologies primarily invests in small to mid-sized companies with above average service capacity, growth potential or existing market share.
So Roger's job as CEO is primarily (and to date has proven incredibly skilled at) ACQUISITIONS THAT PROVIDE THE BEST VALUE TO THE COMPANY
So, Roger's true skill is finding, identifying and acquiring companies that have incredible potential for the synergy of AMFE but are also in a great position to be acquired. We can't go out and purchase Oracle, yet, so Roger finds distressed companies due to HIGH QUALITY problems (See my post for problem type discussion: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141119118 ) and injects them with enough of AMFE resources to make them great again.
Roger's will NOT run the day to day of any given Subsidiary. That is not the best use of his time, we don't want him doing that. We want him providing guidance and direction as part of any given executive management team; monthly scorecards, quality management and financial review, etc.
To date, Roger has an excellent track record for finding such companies and it will continue. As AMFE grows and so do their coffers, it will allow for bigger and bigger expansions and acquisitions.
Many more positions will open up over time, especially at a corp level. Like ANY growing company, people who are used to handling specific function find the functions to need their own dedicated resources. ( See https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140577608 for further chat)
This is Roger's role; I would not consider him a failure by any stretch of the imagination. He is succeeding beyond many CEO's with much more experience. He will have learning experiences. I can assure everyone, not every decision will be perfect and challenges will occur. But he has done so much right to get to a place to have such problems. I have plenty to challenge him on as I do every CEO I've every worked with, and I've worked directly with quite a few. But, I don't even come close to challenging him as a CEO.
$$$$ AMFE $$$$
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