Replies to post #333434 on Amfil Technologies Inc (FUNN)

[shajandr]

And now, for the REALITY story: Taking an unprofitable company and adding failed, unprofitable cafes like Chicago and Guelph and the non-cafe Badd Noos Non-Cafe may increase revenue, butt it does nott solve the core prollem of UNPROFITABLITY and endless, never-ending OPERATING LOSSES.

SnL was basically selling $5 bills for $4, and that caused ______Ben to have a 'cash flow bind' (cough - he ran ~OUTT of money to cover the losses) and he had to sell SnL to Rogernocchio and AMFE. SnL built two new cafes and it was/is still bleeding LOSSES, which so far Rogerinocchio has covered up by printing endless new shares, raising the AS twice in one year, and selling scads of CONvertible debt notes.

So, not content to settle for selling $5 bills for $4, SnL then acquires three failing moneypits (Chicago, Guelph, Provo) which are selling $5 bills for $3.

Revenue growth is counterproductive when operating losses and sunk costs grow even faster as a result.

By selling $5 bills for less than $5, one can generate as much revenue as one wishes - butt it is not a viable, profitable business to do so - and this is why SnL is screwing shareholder-victims by adding LOSSES that need to be covered by increased share issuances, AS increases, and CONvertible note sales. The same pattern continues run by the same exact Clownshow that has brought shareholder-victims 95+ percent LOSSES in PPS over the past 4+ years. AARON and ROGEN bailed on this shitshow after only 9 and 6 months, respectively.

As JOHN QUINN stated, 'Glueing two rocks together just makes them sink faster'. Buying failed junk because it is cheap means one just winds up with junk. Cafes, non-cafe, starlit distributors, NSI, Tokin, Mourning, Gro3, etc.

Now, about the owning the supply chain story ...

Speaking of Tokin ...


Ya gotta believe! AARON and ROGEN lost their faith - and it took less than a year for them to see the real shitshow situation and bail.

[BubbaInSC]

CALLING_IT_FIRST_Games2Go_Cali_and_subscription_services_WILL_ALL_BE_FAILURES!!



Just like how I called it for MJ Dispensary...bwahahahah

The Q&A is WORTHLESS as they don't generate revenues AND it's made up of recycled fluffanada crappolla.

Old Regime's priorities are clearly mixed up.


Games2Go rentals will cannibalize the piddly board games sales that may be leftover from the Morning acquisition FAILURE.

The Cali "partnership" with a video game company will be an utter failure too. FUNN has already demonstrated that they don't know how to operate any part of board game supply chain - whether it was on the development side, the production side, distribution, fulfillment, or retail. Literally FAILED at EVERY step.

Why would the Market believe for 1 nanosecond that FUNN will do any better with video retail????? Absurd.

Subscription services will be a failure too; simply due to the fact that subscription service are only successful when they can sell to a LARGE number of customers to a LARGE number of sites that are spread across all of the states in the USA. It's called "slippage". Profits are made when people pay for services AND NEVER USE THE SAID SERVICES.

In FUNN's case. A subscription service for the miniscule 8 sites and a small customer base will CANNIBALIZE EXISTING FULL RETAIL PRICES FOR SAID SERVICES/PRODUCTS.

Fire the Director of Marketing, The Dodger, and BC.

FILE THE AUDITS, HIRE REAL SALESPEOPLE, AND SELL FRANCHISES.

Franchisees would be responsible for ALL BUILDOUT AND OPERATIONAL COSTS.

FUNN would reap franchise fees, a % of franchisee gross profits AND MINORITY SH WOULD NOT BE FURTHER DILUTED AND DEBT WOULD STOP GROWING.

[pinch one]

I agree. Well said Plow !

[grtnative]

I like the good focus on the Snakes brand and building locations and optimizing what is best there.

FUNN certainly are excellent at this.

The pattern is that they get involved in a venture, or build or buy locations. Then through mismanagement or the fact that the concept is non-profitable or ill-conceived they optimize.

They optimize to reduce costs and overhead until they have an efficient machine that costs nothing to run.

Take Chicago for example, it is so far optimized so that it is open only three days a week.

Profits are never an issue for FUNN, it's all about the revenues, growth, and potential. I hear that Amazon and Tesla never think about profits. Shoot for the moon - stay positive - don't look at the bank account.

By focusing just on the Snakes brand, imagine grow to sites across all the provinces and states that we have never been closed in before!