Replies to post #336943 on Amfil Technologies Inc (FUNN)

[shajandr]

SnL is just a fad CONcept that looses munny and is unsustainable, like WeWork.

The business model wasn’t sustainable. WeWorks were losing money hand over foot. To maintain growth, Neumann & Co. needed additional capital to invest in growth, the result of the new growth would lead to more losses, and the cycled continued. The model was flawed, WeWork would need capital injections in perpetuity to subsidize its operations. The company had been a house of cards from the get go. Dodgy, conflict of interest ridden deals Hello, LARRY LEVERTON and JACQUES MORTIMER!!!, didn’t help brighten things either.

The business model is old and proven to be highly volatile. WeWork has a huge fixed expense block while the income is volatile. Comparatively speaking, Germany‘s biggest competitor Regus, has become bankrupt 4 times over the past 15 years.

A friend who wound up with some stock resulting from an acquisition WeWork made said the following

I knew it was going to be a shitshow two years ago when that company sold to WeWork and told me I was getting WeWork stock. I wrote it off then.
Anon investor in WeWork

Which was in many investment circles in NYC at least the de-facto sentiment on WeWork as a company, it was for all intents and purposes, a shitshow.

Or, for example, GassedHaus.or

[Noghawbuck]

Why won’t anybody buy this stock?

[BubbaInSC]

It's A Fact The Cafes Have NEVER Been Positive Net Profitable
Ever.

Overall ops have ginormous losses a.d large debt

Well its also a fact its not a just concept like its in R&D, they actually have a business with many locations, thousands of customers coming in weekly and millions in annual revenues.

Looking forward to the next update.

[BubbaInSC]

How_Can_Funn_Raise_Cash?__Authorizing_More_Common_Shares_Resulting_In_Dilution

FUNN being denied low interest loans due to Active Liens and Bad Credit?

Glendale Fail due to above?

FUNN-Y how FUNN execs have FAILED to communicate to Minority SH about the Liens
or
come up with an achievable action plan


FUNN being denied low interest loans due to Active Liens and Bad Credit?

Glendale Fail due to above?

FUNN-Y how FUNN execs have FAILED to communicate to Minority SH about the Liens
or
come up with an achievable action plan for trying to bring money losing cafes to positive net profitability.

Why?

[Shawn22]

Well it is obvious management sucks extremely bad at everything. No stickers for Ben or Roger.

[Noghawbuck]

Looks pretty hopeless to me!

[Shawn22]

Can we get a synopsis on management? Seems to always be left out. Often, they are the life or death of a company. Seems current management offers little to no strength or support as a public traded company. Can we factor this in to this half sided reality?