Replies to post #167753 on Amfil Technologies Inc (FUNN)

[slambino]

Because they are rapidly growing, and expanding. You do realise that some of the largest blue chip companies on the NYSE borrow from lenders don't you? It is standard operation for a growing company

[DeerBalls]

amfe "COVERING" THEMSELVES:

On August 5th 2017 the company issued 1,650,000 shares for debt reduction.
On August 15th 2017 the company issued 6,737,821 shares for $606,403.94 cash provided in Q4 for expansion and
working capital.
On August 15th 2017 the company issued 2,000,000 restricted shares for cash.
On August 22nd 2017 the company issued 802,133 shares for debt reduction.
On August 22nd 2017 the company issued 260,133 shares for debt reduction.
On September 25th 2017 the company issued 2,000,000 shares for debt reduction.
On October 5th 2017 the company issued 100,000 restricted shares for services.
On October 23rd 2017 the company issued 2,941,177 for debt reduction.
On October 23rd 2017 the company issued 294,118 for debt reduction.
On October 26th 2017 the company issued 300,000 restricted shares for $30,000 cash.
On October 26th 2017 the company issued 300,000 restricted shares for $30,000 cash.
On November 9th 2017 the company issued 500,000 restricted shares for cash.
On January 8th 2018 the company issued 200,000 shares for services valued at $30,000.
On January 8th 2018 the company issued 1,764,706 shares for debt reduction.
On January 8th 2018 the company issued 1,764,706 shares for debt reduction.
On January 8th 2018 the company issued 1,000,000 shares from debt reduction.

[Felo31]

Talking about millions is hard. That’s a lot of zeroes. Let’s use a simpler example shall we?

I run a business. It’s a booming business! I make $10 every day!

But I also have to pay my employee $1 every day

And my water bills! That’s another $1 a day

And my electric bills! That’s $3 (electricity isn’t cheap)

So, out of my original $10, I now have only $5 left :(

But If I had another $5 I could open a second business down the street! (Yay)

Where will I be able to find that money?

Oh look! Timmy the bank owner says that he will lend me $10 which I can pay back slowly in a few days!

Isn’t that neat! Now I have $15! I can open a new shop (which costs $10) and I still have $5 to cover the expenses while I start making money off the 2 businesses ! (Yay)

[Plowmaster]

Maybe we should ask APPLE, they make billions and still have a ton of long term debt from financing.

Is 'Something Wrong' with them?



Real News:

https://www.otcmarkets.com/stock/AMFE/news

Real Results:

https://www.otcmarkets.com/stock/AMFE/disclosure

$$$$ AMFE $$$$