American Fusion Inc (AMFN)

[BigBadWolf]

No updates as of time of this post.
Authorized: 3,000,000,000 03/23/2026
Outstanding: 2,997,301,029 03/23/2026
$AMFN has < 2.7 million shares left in their authorized
Restricted 1,921,297,336 03/23/2026
The company is pushing those Legal Update PRs rather aggressively as they literally cannot move forward with their $50M raise until those shares are freed up or deleted.
February 26, 2026: Update on Washington State Legal Matters
March 2, 2026: Announces Completion of Kepler Fusion Transaction and Advancement of Regulatory/Legal Milestones
March 16, 2026: Provides Regulatory and Legal Update
Company Narrative vs Judicial Reality (as expected varies)
Now as it relates to the AS basically being maxed out they quashed a rumor w/ the PR of March 11, 2026: Issues Statement Regarding False Online Report of Public Offering as that would have required an increase in the Authorized.
Until the case is settled there have been what I will call PRs to Distract or to Entice if you would prefer (albeit good news yet not what is needed to fulfil the company narrative)
March 18, 2026: Announces Corporate Name and Ticker Symbol Change (AMFN)
March 23, 2026: Appoints Michael Carlson as Chief Financial Officer
March 24, 2026: Engages in Industry Technical and Energy Infrastructure Events
The company has mentioned multiple times a single substantive audit item, (currently missing from the Form 10) in the March 2 and March 23 PRs). Since they cannot issue a $50M raise without available shares, (as a retired CPA) it is highly likely the auditor is refusing to sign off on the Going Concern or Asset Valuation until the 1.68 billion shares are either officially deleted or the company finds a way to increase its capital aka shares.

Will keep checking court records