I'm still staying on the sidelines on posts for the most part, but I shall re-post someone else's post since it is still important and pertinent today.
This came from someone else's post. I don't remember who right now, but a few weeks ago.
<< "AMFE is not the company they were in 2017. "
No, they are not. In 2018, they opened MidTown, their biggest and best S&L location. In 2018 they started work on Tempe, and are working on their FIRST USA LOCATION. What a wonderful expansion. In 2018 they bought Morning, (and even that, when the PR comes out, you say it is suspicious on timing? It came out By Morning, when the CLOSED it.) and now have a publisher that they OWN. And one with existing contacts and contracts in EUROPE. In 2018 Ambrose started flying down to Colombia to talk about potential deals for gro3 down there. In 2018 they expanded the outlets for NSI form 500 to 1,700, and are planning on a great retracing back to their old positive ways. In 2018 they came out with Q2 revenues of $3,307,549, versus in 2017 only $1,542,389. In 2018, they came out with Q3 revenues of $2,445,949, compared to only $1,809,064 in 2017.
No, they are NOT the same company that they were in 2017.
In 2017, they were in one country. Canada. Now, they are in Canada, building in the USA, negotiating in Colombia, own a company in France, and who knows where else! A MAJOR difference between 2017 and 2018. MAJOR growth. In May 2017, they were mostly through their fiscal year, and anticipating about $6 million in revenues for the year. In May 2018 we are mostly through the fiscal year and anticipating a $12 million year. HUGE difference in the company. In 2019, it should be MUCH higher than even 2018, as the USA franchises start adding to the revenue, Morning starts adding to the revenue, NSI kicks in and starts adding to the revenue, and our existing revenue stream stays strong as the locations are still just as packed as ever.
In 2017, we were talking about ending the fiscal year and doing an audit. In 2018, we are waiting on that audit, and it sucks that it is not out. But the audit is not the growth of the company. It is just the paperwork showing that past tense growth. the reporting of it. So although it is terrible that it is not out yet, the company is still growing without it "being out". Still adding more locations. Still buying more opportunities. Still negotiating more deals. And you say that the company is not the same? You are correct. the COMPANY is MUCH better today than in 2017. Once the audit is behind us, and it can't be used as the fear tactic it is being used as for now, I see GREAT things in 2018 for the stock as well as the company. And 2019 is even better!
>>
That's a great post. We are at 8 cents a share now, and we were at 8 cents a share then. But we are MUCH stronger, much bigger, and much better today than that. Only the SENTIMENT has changed, and that will change again after the audit if finally out.
Okay, back to the sidelines on posting. I just wanted to share this one poster's post again, since people are losing sight of reality on this COMPANY. "I" have said in the past. "the stock will eventually catch up tot he company, and the company is growing. At some point, after the audit, so will the stock".
Out for now.
