Replies to post #287803 on Amfil Technologies Inc (FUNN)

[BubbaInSC]

Market Values FUNN At ~0.0298

or -85% "growth" since peak in 2018.

FUNN should be more active marketing the company, but imo, don't give a shyte about minority SH. Why would they? They're getting paid anyway.

FUNN needs to close NEW sales orders on an ongoing basis from all 3 subsidiaries, and need to actually open cafes at a faster rate than the anemic <1 café opening/year.

Last Gro3 sale was November 2018
Last large S&L Publishing Wholesale order was June 2018.
Last café opening was October 2018
and ILK is a perennial money loser.

The 1.3% growth quarter over quarter indicates no increases in same café revenues.

The game revenue that should have been recognized in FY20Q2 has been pushed back to FY20Q3. That being said, that game revenue actually should have been recognized in FY19Q1; had S&L Publishing SAS filled game orders at the end of Summer 2018; as promised.

FUNN Execs should publish the hard deadline for the first 4 cafes from 1/21/20 deal.

They should also actually sell new product orders too, but their sales teams SUCK.....big time

Unfortunately the company doesnt seem to want to fight for its share price. Theyre taking the laissez faire approach, hooing the stock price catches up with the underlying value. However, as rocket and others have noted, this is an extremely risky approach.

[phattrader]

this is an extremely risky approach.

for you it is risky. not them. it is clear they are going to sell the a/s ...after raising it soon...and not support the share price and after it's all financed and paid for they will just r/s...no risk whatsoever to the COMPANY. shareholders on the other hand are toast unless they can get the share price up to do all this...

read the latest q/a...they have zero interest in supporting shareholders


smh