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User-65225

08/02/17 10:10 PM

#43173 RE: rushmann #43158

Instead of sitting on cash, the company is utilizing the increased revenues to fuel further growth and expansion at the highest rate we can comfortably support. This ensures continued revenue growth long term and maximum value to our shareholders.
http://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Revenues-Increased-to--1-809-064-for-Q3-2017-Posting-a-26-600--Growth-Rate-Over-Q3-2016?id=158203&b=y

Cash fluctuates constantly... AMFE is net profitable and $1m debt is nothing for the position they are in. Plus, they are working with a bank to get a LOC.

Try to find a penny stock that does not have debt. $1m is actually pretty low by comparison... They are reinvesting heavily and its coming back as record exponential growth. Every $1 they spend comes back as several more. This is not a time to sit on cash and back off the accelerator.