Replies to post #98978 on Amfil Technologies Inc (FUNN)

[FastMny]

Also true that many longs are up hundreds of thousands from the first leg up. The second leg is close. Lol

[MountainMan51912]

No that is not true. The auditors engagement letter wasn’t even signed until mid August... see below. It was announced earlier that the company intended on doing the audit. But from below you can see it most likely didn’t start till end of August early September.

https://www.otcmarkets.com/financialReportViewer?symbol=AMFE&id=179045

[User-65225]

No, that was the end of the Fiscal Year.

Audits take time. Companies are normally given 90 days to complete the audit after the Fiscal Year end... but this is a THREE year audit, which required all the boiler-plate disclosures to be written for the first time....

Future audits will be easier because most of these disclosures can be cut/pasted with only minor changes.

FYI, this is not a shell, its a very detailed business, with multiple subs/segments seeing rapid growth. They will easily make $25+ million this year = a lot of stuff to audit!

[Goodbuddy4863]

We been waiting since January the 19th:

OTC Markets
AMFE — OTCQB Certification

Initial Certification Documents Requested for Uplist to OTCQB Exchange Published: Jan 19, 2018

https://www.otcmarkets.com/financialReportViewer?symbol=AMFE&id=185842

THe June 30th, 2017 date is not correct.

It was not done at that time.