Fast facts: +3 subsidiaries (2 generate $, the 3rd is close) +Reported $1,542,389 last Q/4500% increase (not a one time increase, upcoming Q's will be strong as well) +$298,285 net gain last Q +Recently reduced OS by 47% to 444,807,264 (as of 3/1/17) +Float: 192,861,131 (as of 3/1/17) +Has never Reverse Split +Has never used toxic debt and wont +90+ Employees
Amfil Technologies Inc. has begun initial discussions regarding a potential acquisition of an industry related infused vodka, gin and wine brand. We will be formalizing the discussion by sending an LOI this week for review. If after the due diligence process is complete, the company seems to be a good fit, we will make a formal announcement on the acquisition at that time. http://ih.advfn.com/p.php?pid=nmona&article=73881568
Sub #5?:
Lastly, in our news published on November 16th 2016, Amfil Technologies Inc. mentioned a potential upcoming acquisition of a company that would assist with synergizing the internal workings of each subsidiary to prepare for large scale expansion and franchising opportunities. This company specializes in processes that automate the completion of financial reporting, tax compliance and streamlines the large scale purchasing, accounts receivable / payables and the many other systems needed for multiple locations and businesses. This deal is still in the works and is moving towards the later stages of the process. Related to this, a software suite which includes wait-list management, tip pooling, employee scheduling, pay software, shipping, inventory and most importantly the POS system has been internally developed and perfected. The company will keep the market updated in terms of the progression on this acquisition and an announcement will be made once a deal is finalized. http://ih.advfn.com/p.php?pid=nmona&article=74042955