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Affinor Growers Inc C.AFI

Alternate Symbol(s):  RSSFF

Affinor Growers Inc. is a Canada-based vertical farming technology and greenhouse operations company. The Company is a patented technology developer and supplier of turnkey vertical farming facilities, including proprietary greenhouse, growing towers, automation and cultivation processes. It is focused on developing vertical farming technologies and using those technologies to grow fruits and vegetables in a sustainable manner. The Company has vertically integrated growing systems that can offer automated mechanical pollination for fruiting crops and vertical solutions for the vertical farming industry. It has an expansion plan to grow strawberries, romaine lettuce, kale and spinach across Western Canada. It is growing strawberries at four levels in a 15,000 square foot leased greenhouse in Abbotsford, British Columbia. It has developed and patented its own growing towers in Canada, the United States, Colombia and Aruba.


CSE:AFI - Post by User

Post by PhDtraderon Feb 17, 2021 1:07pm
288 Views
Post# 32585754

Stay away from Affinor

Stay away from AffinorI finally got out after holding for years. Broke even (yah!).

Along the way, I observed that the CEO is deceptive and has intention only to pump and dump stock's that he takes part in (not just AFI, but also HARY and I cant remember what else). That is THE BUSINESS you are buying into. There is no substantive value in this company, it's gangly towers, or the greenhouse. In fact, we now understand that the greenhouse is not an asset owned by the company but is now a liability (as the company pays to lease the greenhouse, ironically owned by the CEO himself). On that news I finally got out.  

I do believe the CEO is an entrepeneur, and means well, but, unfortunately, appears to be stuggling with his own demons and will bounce for any short term gains. I hope this company (if you can call it that) finds a niche and that the CEO follows that niche through. But for now its all false hopes and deception. Documented in this video interview, in which you will get a much better sense of the histroy you are getting yourself into: https://stockhouse.com/opinion/interviews/2021/02/01/the-company-that-s-taking-vertical-growth-literally

If that's the business you want, stick around and you might make a few bucks on the pump. If you truly want to invest in vertical farming or susitnable agricultural systems because you know that is the future (!) look elsewhere. Otherwise, you'll end up soured by the experience and no richer.
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