Replies to post #54333 on Amfil Technologies Inc (FUNN)

[User-65225]

They did reduce the OS, by hundreds of millions... and there wont be much, if any dilution over the next year, per the CEO. He put a cap at 500 million for the next year

[User-65225]

They made $2m in July alone, which is stronger than entire quarters last year. Revs/profits are exploding right now... Their financial situation is dramatically improving, fast

Have you not done the DD yet?!

[User-65225]

Distribution Arm, Fulfillment and Online Sales (Q1 to Date & Guidance)

In Fiscal 2017, the Distribution Sales Team identified a starting 2000 potential accounts as new immediate targets for distribution sales. The sales team has now reached a total of 500 accounts of the targeted 2000 with multiple new orders to be shipped in August and most of these new accounts being opened in the month of July being fiscal Q1 2018.

The Sales Team has accelerated their efforts to close the remaining 1500 of these initially targeted accounts, which has become a smoother process as the brand increases in visibility and more exclusive distributorships are obtained.

Exclusive distributorships are expected to substantially increase the fulfilment business even further into Fiscal 2018. Management is currently working through the required logistics and planning to expand distribution further internationally.

We have received orders of approx. $1,500,000 in distribution and fulfillment sales in July already, being our fiscal Q1. Given the increase in the distribution and fulfillment division in the first weeks of Q1, management expects an extremely high growth revenue based Q1 financial statement with exponential year over year growth, delivering exceptional value to our shareholders.

This division just received an order for two shipping containers of product, approx. 32,000 units of games the company holds the exclusive distribution rights to in Canada. This single order was received from Amazon and is valued at over $650,000 CAD. This order is over and above recently announced orders. This shipment will be fulfilled in August to both their Ontario and B.C. warehouses.

This division will play a large part in our efforts and expectations of the company at least doubling revenues over the next twelve months.

http://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-2017-Fiscal-Year-End-Revenues-of--6-630-973-USD--Up-Almost-2400--Over-FYE-2016?id=165817&b=y

[User-65225]

Thus far into Q1 of Fiscal 2018, we are already hitting revenue figures that exceed the revenues of entire quarters of Fiscal 2017. Our management team is very pleased to say the least with the results thus far and the trajectory that the company remains on into Fiscal 2018. As we look into Fiscal 2018 with eager anticipation and excitement, we would like to once again thank our loyal shareholders for their support throughout this overwhelmingly successful year. We will continue to work diligently to increase shareholder value throughout Fiscal 2018.

Single months are surpassing entire 7 figure quarters now. Thats monster growth!

[User-65225]

This subsidiary has had a tremendous impact on the financial statements since Fiscal Q2 2017. While the net income of $248,679 may not appear significant, the sales of $6,630,973 allowed the company to execute its expansion plan for each subsidiary and continue to run at a profit. Snakes & Lattes Inc. has been operating with an increased staffing cost since Q4 due to the training of staff members for the new location. All of the new managers and some new staff members have been hired and have been training in the existing locations for the past few weeks, working towards the approximately 70 additional employees which will be required to staff the 3rd and largest location opening first week of September, dubbed 'Midtown'. Staff totals for the Snakes & Lagers Inc. / Snakes & Lattes Inc. subsidiary are now at 126 members. These costs, as well as costs for professional fees and construction, have been injected into the location to ensure that the opening of 'Midtown' proceeds as planned and immediately begins generating revenue. In addition, the subsidiary has been adding strength to the distribution and fulfillment division in preparation for further expansion into Fiscal 2018, with large revenue increases projected as a result.

http://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-2017-Fiscal-Year-End-Revenues-of--6-630-973-USD--Up-Almost-2400--Over-FYE-2016?id=165817&b=y

[User-65225]

Storefront Locations, Midtown Opening (Q1 to Date & Guidance)

Grand opening of 'Midtown' will be announced shortly and is scheduled for the first week of September due to minor design alterations and additions.

Commenced the intake of additional staff in Q4 2017 and Q1 2018 to prepare for the opening of 'Midtown'. These new employees have been training at the existing Snakes & Lattes retail locations with experienced team members to ensure we are fully prepared for 'Midtown' opening day. Our staffing costs will reduce once 'Midtown' is opened and further revenue generation can begin from the third location.

'Midtown' will be the flagship location where the expectations and standards are set for future locations and/or potential future franchise holders building requirements.

Management projects $3-$4M in additional revenue by year end once 'Midtown' is operational.

Currently exploring real estate in Vancouver for the opening of retail location #4.

Management working through the strategy for mass expansion into the USA, and the requirements to commence leasing franchises, which are both targeted for Fiscal 2018.

[User-65225]

Supported speculation: With July revenues ALONE approaching $2 million, you'll want to buy this dip imo

...because we will likely hit new all time highs heading into the next report, based on speculation. We could see $5+ million in Q1! We did $3+ million last Q and we are on a blistering growth pace during the first month of the fiscal year/Q1.

Its setup to be a perfect swing trade from now until the next Q, at a minimum.

The potential is .50+ in just months, with relatively low risk for a penny stock... cause when you start doing the math on GRO3, speculation can run wild. ONLY 10-15 large growers can equate to 8 figures and we have the best salesman = government(s)

Add a hot self published title into the mix + location #4 + BvB launch + Nintendo, etc and we are looking at a .01+ EPS potential by next year

If they can do $300K NET profits on $1.5 million revs when they are not investing heavy in expansion (like we witnessed in Q2), what does it equate to when they are making $25+ million? Am i crazy, or does the math work out?!

... and at THAT growth rate, a 100+ p/e would be in the cards imo. $1.00+ PPS

Do the simple math...

Taken from the Q2 report. Click to enlarge...

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