Amfil Technologies Inc (FUNN)

[TheGreatGreenRush]

LMAO before summer?? Lets be serious shall we. A 2yr audit with limited accounting controls took almost a year. A one year audit with limited accounting controls is most likely going to take half that time, 6 months.

The 2018 10k started in mid Sept. 6 months from then is Mid-March. Not saying it's a guarantee but IMO it's extremely likely we get it this month. Market seems to have the same suspicion.

Secondly, there was an acquisition which in my estimation threw a giant sized monkey wrench into the equation. Plus a new location with new inventory, new employees, food, drink, land, lease, depreciation, so on and so forth.

AMFE's accounting team was no where near large enough for this undertaking. Take the company I work for as an example. We do 50M in revs with 4 business segments. We have an accounting department of close to 20 between AP, AR, and Construction. I don't believe AMFE who does more in transactions and has more inventory, coupled with an acquisition, in 3 different countries has an accounting team anywhere close to what we have and we're considered small.

Really puts it into perspective how fast they grew without all the necessary personnel. What's great is, there is no doubting it will get done. The market will forget in a matter of minutes and all will be right in AMFE land.