Amfil Technologies Inc (FUNN)

[BubbaInSC]

Technically In Good shape. 0.01 in Sight?

running into a bit of resistance at 0.008, but has stayed above 50 day MA since 1/5/23.
The 200 day MA of 0.009 will be something to watch in coming weeks/1 month.

Golden Cross in the works?
Hopefully, FUNN execs PR an actual realistically achievable action plan; which includes the shutting down of money losing cafes in Provo, ChiTown and at least 1 money losing cafe in Toronto.

They need to generate more revenues per cafe, and reduce payroll costs. Nothing they can do about inflation on produce and meats.

Also need to be concerned about the 2 hour table turnover rate.

Do they also need to bring in other forms of sports/game entertainment. Showing college/pro sports games, include billiards, darts, axe throwing and some classic video games at bar?




2/24/23
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171287600

bottomed out in dec 2022 0.01 is certainly reachable and is next ceiling of resistance

that being said, funn execs need to get their shyte together

They still need close big money losing cafes - provo, chitown, and 1-2 Toronto cafes.

The alleged acquisitions of 2 bankrupt board game cafes from 2021 is very, very unlikely to ever occur. FY23 is half over and were almost at end of FY23Q3.

So, 3 quarters into FY23 and FUNN execs have yet to reveal a realistic action plan to keep minority SH in the loop.

That's a willful act.....they're shytting on minority SH every day