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Skippy1978

01/07/20 10:02 AM

#276365 RE: ddjpn #276362

Thank you

Stewy70

01/07/20 10:10 AM

#276366 RE: ddjpn #276362

6 more months till 19 audit comes out?
WTH? "First we need to understand what happened and come up with a plan to avoid making same mistakes"
I thought they had this all figured out with the CFO squad and more accountants hired? We were told the 3 quarters of the 19 audit was done and it would be easy to wrap it in short order. That was months ago!

Now they have to "secure a new audit firm, verify special accounting practices and make sure we have funds available before triggering the audit."
For real? JFC!

1vman

01/07/20 10:32 AM

#276374 RE: ddjpn #276362

*****Just as I have been saying ! 6 to 9 months to complete 2019 audited fins

Then they have to start on 2020 ! No way this junk up lists this year

Pps will remain stagnant all year again


Not glad I OWN funn junk shares


More to follow

Aggie14

01/07/20 10:58 AM

#276384 RE: ddjpn #276362

Yea. That's what I was told and stated yesterday. Hopefully they figure it out soon? lol. Thought this debacle was to end already. Bummer. GLTA.

gastric

01/07/20 11:05 AM

#276390 RE: ddjpn #276362

Ouchie. That's some disappointing language.

shajandr

01/07/20 11:12 AM

#276396 RE: ddjpn #276362

LOLOL!!! ________Ben the cash flow bind CFO is lost in space.

Ahahahahaha!!!!

Beam_Me_Up

01/07/20 11:15 AM

#276399 RE: ddjpn #276362

How do we know this to be from Ben (the horses mouth)?

Philmasta

01/07/20 11:32 AM

#276413 RE: ddjpn #276362

You would think they would have figured all this out already during the last Audit. How do they still not understand what happened? How did they not make plans during the last audit to avoid delays in the next one? I dont like this at all

Fairview3777

01/07/20 11:33 AM

#276414 RE: ddjpn #276362

My inquiries as per FY '19 audited [and] FY '18/'19 revenue re insertion have been met with same general reply... 2-5 months to get these done. Before fiscal year end in June [nearly 6 months] is exactly what they should state, even tho' expected sooner. They simply can't continue to miss timelines. There IS a plan, and it will be announced when timing is right.

We should expect that the 2/15/20 filed Q-2 financial quarterly will be a revenue catalyst, but we need a catalyst THIS MONTH to get buying and share price up to .07-.10 where it belongs shorter term.

Impatience is understood with those 2-3 years in the wait, but so long as revenues continue to balloon, this is a fantastic 1-3 year play FORWARD LOOKING!

BubbaInSC

01/07/20 11:47 AM

#276426 RE: ddjpn #276362

Vicious Cycle With Audits Embarrassing response from FUNN Execs

They still don't understand what happened?

If they still don't understand the problem, they can't come up with a solution.

If FY19 Audit is completed by end of June 2020 (end of FY20) - then no uplist for another 1-2 years BECAUSE THEN AN AUDITED FY20 IS REQUIRED; which will be completed end of June 2021

ROFLMAO




I was curious about the audit as well, so I sent Ben an email suggesting he provide some honest and transparent info on the 2019 Audit to shareholders. This was his response:

"The 2018 audit was a massive trauma for AMFIL, and myself.

First we need to understand what happened and come up with a plan to avoid making same mistakes
Then we need to implement the solution, secure new audit firm, verify special accounting practices and make sure we have funds available before triggering the audit
It is our intention to have this audit completed by the year end, in June.

Once we figure out a clear plan, we will definitely present it to you guys

Ben"


So, for whatever it's worth, Ben says end of June for 2019 Audit.

shajandr

01/07/20 12:20 PM

#276450 RE: ddjpn #276362

Utterly hilarious buffoonery by _______Ben the cash flow bind CFO who is lost in space.

ddjpn Member Level Tuesday, 01/07/20 09:54:21 AM
Re: Skippy1978 post# 276325 0
Post # of 276449

I was curious about the audit as well, so I sent Ben an email suggesting he provide some honest and transparent info on the 2019 Audit to shareholders. This was his response:

"The 2018 audit was a massive trauma for AMFIL, and myself.

First we need to understand what happened and come up with a plan to avoid making same mistakes
Then we need to implement the solution, secure new audit firm, verify special accounting practices and make sure we have funds available before triggering the audit
It is our intention to have this audit completed by the year end, in June.

Once we figure out a clear plan, we will definitely present it to you guys

Ben"

So, for whatever it's worth, Ben says end of June for 2019 Audit.



AMFE/FUNN dysmnagement clown car