Amfil Technologies Inc (FUNN)

[BubbaInSC]

PPS Broke Below 50 Day MA of 0.0374

Markent knows that's generally not a good technical sign. Hopefully will bounce back by mid week next week. 50 day MA now becomes ceiling of resistance.

Likely due to Ford shutting down Toronto on 4/7/21; Which means the 3 Toronto Cafes can't have indoor dining until 5/10/21?

Obviously, not anyone's fault. Bad timing. End result is still a bad start for FY21Q4; which started 4/1/21.

It would be helpful if Tucson opened by FRI 4/16/21.

However, FUNN STILL NEEDS TO SIGN NEW CAFE LEASES AND INCLUDE FU21 AUDIT IN WIPFLI'S SCOPE OF WORK......TO GIVE THE COMPANY A FIGHTING CHANCE TO ACTUALLY UPLIST AND SELL FRANCHISES IN FY22.

Selling franchises is FUNN's only way to realize exponential growth in cafe openings.

FUNN's current model of expansion is obviously not cutting it - at a rate of 1 cafe opening EVERY 2 FRICKEN Years.

Abysmmal.

GLTA