Replies to post #190984 on Amfil Technologies Inc (FUNN)

[User-65225]

I dont think ive EVER been invested in a small company long term and there were not some issues... Expecting perfection from a small company is not logical

But are the SHORT TERM issues with AMFE worse than other small companies? Which have mass dilution, insider greed, lack of growth, etc?

Revenue growth + Dilution facts...

The revenues needs to be updated on this chart, its actually higher, per the audited 10K...



Only 170 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...

Rogers pledge for FY2018...

The company intends to keep the share count below 500M throughout Fiscal 2018. http://www.marketwired.com/press-release/amfil-technologies-inc-announces-2017-fiscal-year-end-revenues-6630973-usd-up-almost-otc-pink-amfe-2228185.htm

492,407,557 OS as of 10/18/2018, per OTCmarkets.com:
https://www.otcmarkets.com/stock/AMFE/security

Common shares outstanding: 479,253,160 as of: April 1st, 2018
https://backend.otcmarkets.com/otcapi/company/financial-report/193823/content

Common shares outstanding: 479,253,160 as of: January 19th, 2018
https://backend.otcmarkets.com/otcapi/company/financial-report/187519/content

Common shares outstanding: 488,797,586 as of: September 30th 2017
https://backend.otcmarkets.com/otcapi/company/financial-report/181019/content

Common shares outstanding: 473,895,499 as of: July 1st 2017
https://backend.otcmarkets.com/otcapi/company/financial-report/181019/content
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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.

You can easily 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.

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.

[Goodbuddy4863]

Quote:

"Myself and other post DD on this every day... They CANNOT franchise until they are considered a fully reporting company.

We are currently in negotiations with 23 separate locations for potential Snakes & Lattes franchises/joint ventures by interested parties. Negotiations at this point are preliminary as we wait for the audited financial statements to be completed allowing us to discuss definitive franchise agreements. Once the audit is completed, we will move to the next step of negotiations and the U.S. expansion team will visit each proposed location to further qualify candidates, locations, and business plans."
____________________________________________________________

Note:
I was not aware of this Condition of being a fully reporting company in order to franchise.

This stop sign popped up AFTER the Tempe Opening when We were fully reporting.

This clears up a lot of conjecture Rocketstocks.

Excellent D/Diligence