Say there isn’t any profits and they lost a modest amount, is it the end of the world?
From this point forward income is going to be calculated correctly, because financial controls will be in place... However, the potential to grow astronomically from a single hot game title still exists. We could see future net profits push quickly into the millions. This is my focus... I’ve said many times that I wouldn’t mind a small loss at this stage. I expect companies to have a loss when they’re young and investing heavily in expansion... these are penny stocks!
Most of the stocks within this valuation range or not this healthy, they’re still diluting heavily, while AMFE has not been... The lack of dilution is a strong indication that the company is relatively healthy.
... and let’s not forget that the last tranche of stock they sold was at .09+, which was the 52 week high at that time. If Roger needed to raise a million bucks, he could do so easily, without much impact. Even without looking at the financials, you can tell they are in a relatively healthy position for a penny stock... The potential to see massive growth from a single hot game title should be at the top of everyone’s mind... and multiple titles are about to get launched!
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