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11/04/17 1:55 AM

#69341 RE: BidnessMan #69339

Its up to AMFE to decide how to report/compare numbers, not you BM. Sell your shares if you dont like it. Bidness is bidness and you dont dictate how a company/CEO, thats been completely transparent, decides how to run it. Buy a bidness for dummies book and read it.

ROCK ON AMFE !!!

Acheron

11/04/17 4:48 AM

#69358 RE: BidnessMan #69339

As far as I see it you don't have to defend yourself because your opinion doesn't match up with others. We are all here because we believe this stock is a life changer one way or another. This is one of those companies that will make it from the Pinks to real and prestigious exchanges and I think most of us know that. Do QoQ earning show a good story, imo yes they do. It tends to show a ladder of growth. But quarterly earning sometimes don't always go up. Do YoY earnings show a good story, yes I believe they show a strong and lasting trend. But do YoY earning always go up, well not always but I think it's in amfe cards to YOY for a very long time to yes always go up and to be able to show a YOY upward trend to me is a very strong indicator of a stock I want to own in the long run no matter how good the short game is. I admit my knowledge of stocks is limited and this is just how I see things.

FastMny

11/04/17 9:03 AM

#69383 RE: BidnessMan #69339

Totally get your point Bidness. In high growth penny stocks the YOY numbers can be astronomical. On established big board stocks it's customary to communicate growth YOY to make an apples to apples comparison and to account for seasonality. I think we all agree this company is growing at an unbelievable pace and the future is bright.

SeatonBM

11/04/17 10:58 AM

#69390 RE: BidnessMan #69339

The reason you YoY here instead of QoQ is simply because you are comparing how the company did compared to this time last year. Q1 is different than Q2, as is Q3, and Q4. Q2 is generally our best quarter because of the holidays, so it'd be unfair to compare Q1, Q3, or Q4 to Q2. Q3 or Q4 I believe is our slowest quarter, so right after Q2 (our best quarter) we start moving into our slow season... If you compared QoQ, that makes us look like we're not doing good when you compare Q2 to Q3, when in reality that is predictably our slow business season.

We had a really good Q3 and Q4 recently and that was easily identified as such by comparing Q3 and Q4 to previous Q3 and Q4. You compare how you're doing by like comparison. So if this Q1 we did 20,000% better than last Q1, that is a meaningful stat, because this Q1 is the same time of the year as last, same season, same outside factors (time of year, holidays, etc.)... It is a like comparison and tells a real story.

That is why you use YoY. It's not so you can use larger inflated numbers. Eventually such large numbers will probably begin to shrink into more normal numbers. It has to be understood that we are a company growing from nothing to something, so at this stage, even a tiny bit of growth is a huge percentage more than you had before... If you made $1 at first, then you make $2, you made 100% more or did 200% the last, though reality is you only made $2... but once you're making millions of dollars, you're probably not often going to double your performance, do eventually the percentage of growth slows down as you reach such levels.

I like that AMFE uses YoY instead of QoQ, it makes more sense and a better comparison... It has nothing to do with the numbers being larger and more "inflated", because they're not... Those are very real numbers...

It's like, you compare how an ice cream store does one summer to the next summer (YoY), because it would come to no surprise they'll have slower business in the winter (QoQ)...