Finanacial trouble? LOL... Thats why they rarely need to sell shares? If the wanted, they could raise millions of dollars, but they dont need to at this stage, maybe at higher levels to fuel their growth even more
Only 165 million shares have been issued over the past THREE years and the stock was subpennies for much of the time. This is extremely frugal for a penny stock investing in this many initiatives...
20 million of Bens shares were converted to PFD, so they have issued a little stock over the past year, but certainly not much...
They borrow money using conventional bank financing (non dilutive), then pay it back when they get the larger deals (stronger quarters)... This is a fantastic situation for a small company. As sales increase even more (esp high margin initiatives), they will start to have excess $$$. Their growth will begin to finance additional growth, like the Morning acquisition which was an all cash deal.
I can tell this is a healthy company for the stage they in. Most stocks in this stage have to dilute heavily to continue fueling growth... which isn't the end of the world, as long as the dilution shows results...
...but AMFE is seeing strong YoY growth without needing to. This is significant and i dont need an auditor to tell me they are healthy or not. I can see it with my own eyes and feel it with my experience.
All non inventory related debt could be wiped off the books with not many restricted shares needing to be sold... So if their debt management gets in a tough situation, they have the ability to bail themselves out, BECAUSE they never overdiluted at the lows...
Many stocks stretch themselves thin to get where AMFE is, but they have not needed to and have a solid equity structure as an insurance policy.