Replies to post #148288 on Amfil Technologies Inc (FUNN)

[mckinley1]

Excellent post about CEO Roger and AMFE's problem. Unfortunately CEO Roger hasn't learned too much. Here is CEO Roger's most recent Fluffy Pumpy Tweet. "Busy as usia"l....lol "updates coming our way"....lol

Amfil Technologies
@AmfilTech
"Quick update: We've been busy as usual working to get the audit finalized along with US expansion etc. Things are coming together nicely. We appreciate shareholder emails & apologize for any delays in responding. Some exciting updates will be coming your way shortly! Stay tuned!"

[FamaOfSouls]

Can’t please them all. The ones with the ‘long’ vision will be the real winners in here. The audit fiasco just shine a light on who the real longs are. There are ones that sold are hoping to get back in cheaper, I can tell you that.

[User-65225]

Again, i dont disagree. He made a mistake. He underestimated the time. Mistakes happen. 3 years audits are not something a CEO goes through more than once... but I see FAR worse mistakes in pennyland every day...

... and i dont think its the end of the world...

... and i also dont think its worth discussing all day, every day.

What is there to gain by talking about this over and over and over?... and over and over and over?

Any answer/responses have already been provided at this point, right? What more are we expecting to learn by bringing it up every 8 minutes?

[User-65225]

(repost) Do you think Roger went out of his way to lie? This is the question that people have to ask themselves... If the audit had no chance of being completed, why would someone set themselves up to be a liar in such a short time?

Was it a screwup? Yes... but I don’t think anybody intentionally lied... and Im sure he’s embarrassed about it, as any of us would.

Small companies have growing pains...if someone wants to invest in small companies/pennies they have to always be ready for these types of things. EXPECT them to happen on occasion.

It doesn’t mean Roger is a scammer, as some are trying to insinuate. Those claims are entirely unfair. Even Tesla has problems producing the car that they’ve hyped for years and they have the money/talent needed to get it done... no one can predict the unpredictable.

Some see this delay as the demise of the company, others see it as an opportunity to buy an even stronger company at a suppressed valuation.

[User-65225]

(repost) Roger started IK out of College. His first biz... and he did pretty darn well...

... and now hes the CEO of a $XX,XXX,XXX per year biz.

I dont see the failures. Everyone starts somewere, but they usually fail more often than not when they are young/unexperienced.

There are far worse examples to nitpick in pennyland. Roger has never reverse split anyone, he hasn't mass diluted anyone and hes made MOST of the long shareholders money.

Anyone with pennyland experience knows this is pretty darn rare for a stock that started at low SUBpenny levels. He could have easily Reverse Split when he took over and started fresh. Instead he saved all of the long holders

... and there are SIGNIFICANT ODDS that we will see higher levels than .23 in the future, so anyone that feels they bought too high, will eventually be rewarded for their patience.

Sales are growing fast, with PLENTY off room for more and theres little to no dilution. This is the perfect recipe for investment gains.

[User-65225]

Its been answered so many times: (repost)...

Rogers issue is that he underestimated the time it would take to complete the 3 your audit for a company with three subsidiaries + strong numbers/growth... The fact is, pinky stocks commonly take this long to uplist. This is not a special case that only AMFE is going through. Companies that have nothing, zero revenues/assets, still take this long.

Most pinkies are already uplisted before they get to this level of growth. The bigger you are the more work that needs to be done, esp when you collect money in Canadian dollars, then report in US dollars

The reason why It takes so long is because you only get one meeting per week with the auditors. This is by teleconference because the auditors are located in a different country... auditors are not allowed to tell you what to put in the filings, they can only tell you if they are not adequate. For someone that’s never had to deal with the complexity of writing a 10Ks footnotes, this can be overwhelming... esp since small changes take a week to get approved

The process is slow and tedious. Auditor work with many companies at the same time and are not allowed to give favoritism. You cannot pay them more to work faster. The amount they are paid is already agreed upon before the auditing starts, no matter how long it takes, which is why meetings are limited. They are not going to spend day/night on one company paying $50k. They would go broke. So they just give you one meeting per week, so you dont waste their time. This forces clients to make their meetings count

Again, the issue here is that he underestimated the time it would take, he’s never been through one of these before. It’s easy to underestimate... But they’re still on a normal/common schedule for the time it takes to uplist. As Bunny just provided with this DD:: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141552525

[N_D_K_Hey]

Tough luck for non-buyers, this stock will rock, mark it.

Nobody knows exactly when but if you don't have a ticket you don't ride.

$AMFE PAYDAY 2018!!