INSIDERS HAVE A $4 MILLION JUDGEMENT FOR FRAUD AGAINST THEM
OTCMARKETS say SHELL RISK
ZERO ASSETS
NOT A SINGLE WRENCH OR SCREWDRIVER
The OTCMARKETS platform WARN “investors” (BAGHOLDERS) that this is a SHELL RISK SCAM
Shell Risk The Shell Risk designation indicates that a company displays characteristics common to Shell Companies. This designation is made at OTC Markets’ sole and absolute discretion based on an analysis of the company’s annual financial data and may differ from issuers’ self-reported shell classifications in their own public filings. Our analysis evaluates asset composition, operational expenditures, and income related metrics. No action is required by a company to perform the evaluation other than publishing current annual financial information. In limited circumstances, OTC Markets will consider removal of a company’s shell risk designation upon written request by a company. Please be advised that such requests will only be considered when there has been a material change in financial condition since the most recent fiscal year-end that is reflected in publicly available interim financial statements. Examples include a material increase in asset composition or operating revenues with related financial disclosure as a result of an acquisition or change in control transaction.
A market maker is unlikely to even try to file a 211 with FINRA... The rules have changed making them much more liable than before.
A market maker will not file a Form 211 when the issuer’s disclosures are incomplete, unverifiable, or risky enough that filing exposes the MM to FINRA enforcement, 8210 requests, or 15c2-11 liability. AMFN has many high-risk issues that could cause a MM to not even try... There are huge red flags such has all the promotion and conflicting disclosure.
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Watch your wallet
Buyer Beware Social Media Promoted Frontload Pump and Dump Share Selling Scam