Replies to post #185246 on Amfil Technologies Inc (FUNN)

[mckinley1]

No AMFE Gro3 at the height of the MJ boom as Pumped by AMFE, Stop Sign on OTC, consistent PPS falling from .235 to .085, Q3 Net Losses, growing expenses, and Debt are a few reasons IMO. There are other reasons as well for the 15 month downtrend with very low volume.

[TheGreatGreenRush]

There are many reasons for the drop. First and foremost this stock ran from .0038 to $.235 in a year’s time. It was begging for a significant pull back. Stocks don’t run like that and not see healthy consolidation. A 50% retrace puts it at $.1175, not even remotely unheard of.

The audit took longer than expected for some, there are flippers and others trying to time certain events.

Then we have MM playing their games on the bid and ask, much easier to walk a price down for accumulation when there’s low volume. We know how fast this stock can move on news, we saw it with the audit.

2018 10k is late which is stoked fear in weak hands playing right into the MMs hands. The only question that needs to be answered.. Is AMFE stronger now and in better position to grow than it was just a year ago..? The answer is unequivocally yes. The rest is just noise.