Replies to post #69625 on Amfil Technologies Inc (FUNN)

[magikalalpha]

I can understand starting to sweat. IMO it should be up. I believe it will be up, but I don't think anybody is going to be chasing it in the short-term. I am o.k. with that. Let's give it a few more weeks.

[General Grievous]

Yeah pretty weird.. they put out a blockbuster pr like that and the stock just started sinking.. consolidating sounds like an excuse but that excuse doesn’t make sense.. what is really going on.. these audited fins are way overdue btw... anyway let’s see what it does this week, my gut tells me it stays bearish.. I’ll be happy to be proven wrong. As u all know this is one of my favorite stocks, id hate for it to become another cliche otc clever accounting scheme :-(

[Macod]

Hey Smitty. I've been adding as recently as Friday. Opportunity here is better than ever after the acquisition announced last week.

Just need the audit/uplist then share price will correct IMO.

From recent PR:
"The audit process has been smoother than expected as Amfil's accountants have been exceptionally diligent in maintaining thorough and accurate financial records of all transactions. Amfil Technologies Inc. is the first publicly traded company to exclusively use Xero Accounting for its bookkeeping. Xero Accounting Software has provided a low-cost, high efficiency platform to effectively manage all accounting practices."

[hotlinktuna]

Hey Smittytnt....I can understand your concern and I think others feel similarly. In fact, I think the disappointment of some of those others translated into them selling the stock! This is my guess only obviously, but it does seem to make sense that if some shareholders out there now think even with great news AMFE will never close over .20 again, they continue to sell on any upside movement.

First, I believe in the LONG TERM share price appreciation with continuing strong growth in the company! So I haven't sold any shares and have even been a buyer (latest buy at .1919 on the last move up).

Second, I do not have any fears that there could be something that none of us are aware of that a few know and are selling as a result.

So my conclusion remains the same as when I started buying into this "growth" story. Even with some delays beyond what may have been initially suggested, I refuse to now belief that the company can no longer achieve great success. Yes, I'd have been happier if every suggested date had been met....and I certainly would have been happier to have broken to new 52wk highs by now....BUT....in spite of my conservative nature, I feel very confident in breaking new highs in the first half of next year and possibly sooner wouldn't surprise me.

Roger is doing a tremendous job along with his BOD and excellent and dedicated employees of which I could not be more proud. I'm also proud of many of our long term shareholders who have the vision to see our awesome potential many months and even years in advance! And I'm sure there are a large number of true longs who either never write on IHub stock boards or may have never visited IHub in their lives. I feel sometimes like our focus has become far too narrow and shortsighted for wanting EVERYTHING NOW!!!

I will be very patient and allow Roger and company to continue to guide this dynamic company years into the future to the point that for me it will be AMFE FOR LIFE!!!

Always wish you the best in AMFE...and everyone else long our stock also!! tuna