Those claims are pure shit, and unsupported as AMFE IS A GROWTH COMPANY
What does that mean for investors? It means you don't valuate is quite the same as a big board fundamental company. Though much is the same, the importance is ROI they are getting for aggressive growth as measured by revenues, and what type and how much financing they are using to growth.
People need to pay attention to:
REVENUES GROWTH UPWARD TRENDS ORDERS / ACCOUNTS / LOT SIZES MARKET POTENTIAL AS / OS DEBT QUALITY (TOXIC / TRADITIONAL / MARKET RATE) DEBT RATIOS INVENTORY TURNOVER INDUSTRY TRENDS SUPPLY CHAIN
THESE are the things that matter. AMFEs FUNDAMENTAL RATIOS are GREAT for a company at this stage!
This is how MORE MONEY comes in to AMFE's world. From retail to institutional, it is an upward snowball and it is just GETTING STARTED.
Y BRAND in the booming Board Game Cafe industry.
Will Roger need help as AMFE grows? Absolutely, AMFE doesn’t have a new CFO yet, and the CFO Squad (Which I am to see: ‘The CFO Squad will continue to be retained throughout future audits to ensure a seamless and speedy execution and completion moving forward preventing any delays.’) is a solid interim solution. Eventually the company will need a CFO, this is the type of position that will get opened up, possibly even as a requirement part of an infusion of institutional dollars.
Like ANY growing company, people who are used to handling specific function find the functions to need their own dedicated resources. As time goes on, AMFE will hire positions like:
- VP Human Resources - Director of Supply Chain / Logistics - CFO / more finance positions - Global Facilities Management - Quality Assurance / Customer Service - Marketing / IR - Mergers and Acquisitions - General Counsel
It is always a balancing act to ensure each position is set for a solid ROI and controlled. The hiring of the CFO squad was but one step in many as the company finds itself at a new scale. As the company scales and positions open, the CEO becomes more of a direction setter and less direct impact, as the tactical execution of the strategic direction rests of the shoulders of the TEAM.
After QB, a whole new world opens up, we talking days to weeks not months.
Many are beginning to see what AMFE is all about. ROI has been one of the worse even with the two years of audited financials. What company has an OTC Stop Sign up for this long? What real company doesn't put out financials for a year? What company continues to put out fluffy PR's about Gro3 and has yet to produce revenue after years of pumping all the $millions in PO's that has never been posted in an AMFE financial statement?