Amfil Technologies Inc (FUNN)

[mrw21j]

Well written, I would add one thing though: check the scoreboard.

That chart line is showing a real impressive investment strategy - buy in at 0.20 and sell over a year later at 0.07; perhaps keep holding for the hope of getting back to baseline, perhaps a few cents cheaper, or for a fifth of initial investment. Honestly the performance of the SP is a good thing in that it forces most investors to continue holding rather than eat the loss for some liquidity.

That is unfortunately an actual part of the valid and true narrative of this company. It isn't about day trading and quick flipping, but about a potential long term play that is letting the level of interest get so low that when the events that brought investors to the company do begin to occur, there will not likely be enough momentum to return share price to the levels prior to this recent downtrend.

Bottom line is that it is one third the price from Aug/Sep 2017. That's kind of a big deal and quite a mountain to climb.
QB uplist needs SP $0.25. Sure, Roger said there are ways around that, but AMFE hasn't been performing like the companies worthy of the uplist price point exception. So that creates a bigger question: Will the completed audit (of which we're all fatigued now) actually be stimulus to drive SP to trade at 20 to 25 cents? If so, maybe an uplist in a year or two. If it truly does allow price to grow, then sure uplist and profit generation. This would require a three hundred percent increase from current levels, simply due to release of financials - financials whose delayed completion and reporting are likely to create a continued backlog of future reporting. I find that level of rapid SP increase on only that stimulus unlikely.

Regardless of any spin, all above are assessments of current situation. These are issues with the performance and current state of this company. And yes, the present (poor SP) performance does reflect the future investment.