Replies to post #55005 on Amfil Technologies Inc (FUNN)

[nancynande]

Thx Recinvestor for taking the time to explain this. Appreciate your time and energy.

[Pottsie]

Good morning $AMFEFANS$ and thanks Rec for another fabulous post!! I copy and past them to a heavily invested friend to keep up with the stock. My favorite Tweet was gearing to get out of Pinkyland.. but they were all exciting and just a matter of time now.

[Macod]

Just wanted to add that per the last 10Q, in the subsequent events section, 7,737,821 shares were to be issued in fiscal Q1 2018.

On June 20th 2017 the company agreed to issue, 6,737,821 shares for $606,403.94 cash provided in Q4
for expansion and working capital by two current shareholders at a fixed price of .09 being the markets
closing price on the day. The shares will be issued subsequent to this statement. The Company issued
1,000,000 common shares in consideration of a related party loan.

So I use 481,633,320 as total outstanding share count.

[mrw21j]

Thank you for the breakdown.
I believe this may be a moot point with this particular stock, but wouldn't it be wise to assume in the arena of pink stocks that the authorized shares are the outstanding shares for the sake of investment strategy? I say this because I often hear cries of dilution. Maybe I incorrectly assume dilution to mean authorized shifting to outstanding shares. If that is so, I consider all authorized shares in play to determine value, as that potential truly does exist at some point. Yes the float is the tangible for daily trading, but in long term - and assuming a company doesn't increase authorized share count - it is best to assume all authorized will one day be at market. Judging value from that perspective allows a tolerance to what seems to be dilution or manipulation.

[Doordietrying2016]

INCREDIBLE! Well done.