Replies to post #297408 on Amfil Technologies Inc (FUNN)

[CoachMarc]

So true.

Some folks just don't understand that the share price, with it's diminished value, poses a major problem for the company. If they have to dilute to cover the notes maturing in the next 12 months, which will most likely happen if they stay alive long enough, they will have to sell 100 Million shares at the current pps JUST TO COVER THEM NOTES, and that's assuming that the pps stays at 0.01 during that ride. Add (your guess) to cover the major shortfalls in operating revenues and the converting preferred and what do you have?

A clusterFUNN of a problem!

[TheGreatGreenRush]

If Ben converts all of his preferreds O/S doesn’t need to be raised lmfao!

Those are convertible notes, they don’t pay for more shares to cover those loans.

Investing 101 lmfao!

[MightyX]

S&L reopened...not all businesses coul/can...wasn’t S&L supposed to go bankrupt according to false claims?