Replies to post #341299 on Amfil Technologies Inc (FUNN)

[cdaniel394]

Chester the Investor! Thank you for clearing up misleading post from others! $FUNN

[Sheepdog]

Baloney....The loan forgiveness was brought up to counter the many incorrect statements that this company is now making money from it's earnings and those "earnings" included Loan forgiveness..

Question: Why does the balance sheet for the latest quarter show:

EQUITY 
 Retained Earnings         $ (18,216,702) 
 Current Earnings          $    (611,742) 
 Accumulated Earnings      $ (18,828,444)

Answer: Because these statements are crap like always.
.

[BubbaInSC]

No, the line items as to whether or not ppp loans were to be declared as debt or as other income when forgiven was never in question.

Again, it was merely pointed out that there would be no positive net pofits if it were not for ppp loan forgiveness declared as other income. In other words, FUNN is surviving on backs of taxpayers. And that other income is indeed going to disappear and FUNN will actually have to generate higher revenues and reduce payroll expenses if they are to actually reach operational efficiency. Simple math