Amfil Technologies Inc (FUNN)

[Juancy]

The reality is that they stated that they are working on getting the name change done via FINRA despite any claims to the contrary. Just because it's taking longer than expected it will of course be viewed as negative and that "something is very wrong with the company's history" that it hasn't happen yet, but unless we know the details, everything is speculation until the company can update us.

Regardless, the process seems to be taking longer than usual in general.

For example:

https://securities-law-blog.com/2023/05/09/changes-to-finras-corporate-action-notification-process/?hilite=complaining

"As an aside, and back to complaining, the FINRA corporate action review process is more arduous today than it has ever been – ever! A straightforward corporate action has been taking 3-4 months to process with complicated cases (i.e., companies with any negative history or that touch crypto or blockchain in any way, often taking over a year). Moreover, the depth of review and questioning has increased dramatically. Companies should expect FINRA to review all current and historical corporate records and actions, outstanding debt/liabilities, shareholder records, and business descriptions and plans. As such, companies that are trading on OTC Markets and planning a corporate action should build in this significant timing factor and make sure all records are properly organized well in advance."

$FUNN