Amfil Technologies Inc (FUNN)

[Chester the Investor]

The commercial real estate sector is in a lot of trouble right now. Like the residential mortgage lenders ...a lot of commercial lenders are working commercial loan deferments. The last thing the banks want is to own a bunch of vacant commercial buildings...not to mention having to shoulder the expense of upkeep and maintenance on them...not to mention hidden operating costs. So you will more then likely see a lot of commercial loans go into deferment in lieu of foreclosure or some other type of loan modification. With the pandemic (and riots) these landlords are going to be willing to work out some type of abatement just to keep tenants. Why do anything else. You have somebody in place, why go through all the expenses looking for a new tenant who would probably ask for some type of deferred rent program (an abatement) anyway (if you can find a tenant, that is). There is the chance of the property staying vacant and losing 100% of rental income instead of making adjustments with the current tenant. They have somebody in place...they are going to make all adjustments to keep them. Nobody will be rushing in anywhere at this point to sign a new lease in a commercial building. Trust me...you will see some type of abatement where needed just to keep the tenants in place. That is how it will play out with this pandemic thing. A vaccine is on the way...already preventative meds out there (hydroxychloroquine for one, even FDA approved). Then there is the political aspect of things. I Won't even go there. I do feel in time that things will be fine.

People keep selling down here...I will keep buying down here.

FUNN...the best is yet to come!!!

FUNN...