Amfil Technologies Inc (FUNN)

[CoachMarc]

Come on now, it doesn't take a genius to predict an unprecedented number of bankrupcies coming up, and AMFIL will be one of them, imo. AMFIL leveraged themselves at the worst possible time, and will unfortunately not survive this ordeal. The lawyers group will find a way to back off, if they haven't already done so.

Restaurant margins are razor thin and only the most established casual dining properties with excellent balance sheets will survive. Snake's cannot and will not survive unless they fill the space as they have in the past. This will not happen anytime soon. Depending on what will happen in the next few weeks, I am predicting that Snakes may not even re-open.

Oh, and forget about the audited 2019's...