Amfil Technologies Inc (FUNN)

[go bucs]

Retired accountant here.
There are so many reasons that account for the delay.
It spans from the contract signed with CFO squad and RBSM. It usually is a pre agreed price but when you add locations ,new divisions (Morning) or huge deals it may delay getting the necessary filings and responses to confirm the deals.
It also changes the amount you agreed to pay CFO squad and RBSM. This could lead to a delay.
Then you have limited staff responding to questions and answers. If any of these staff take a vacation,quit or be a new hire it takes time away from the final audit.
It's hard to stretch management and outside auditors when buisness is expanding with limited resources.
The great thing is we are not diluting shares or issuing debentures.
Therefore it's all time related because of expanding and /or acquiring new
buisness
We could go into other areas but let's see how this plays out because management will need to respond and report in the next few weeks.
I'm done for the night
Hang on its going to be FUNN