Amfil Technologies Inc. Provides Shareholder Update Confirming Timely Kill the Unicorns Shipments, Details of Updates
06 Dezember 2019 - 2:10PM
InvestorsHub NewsWire
Amfil Technologies Inc. Provides Shareholder Update Confirming
Timely Kill the Unicorns Shipments, Details of Updates
TORONTO, ON, Canada -- December 6,
2019 -- InvestorsHub NewsWire -- Amfil Technologies Inc. (OTC:
FUNN), is pleased to provide a shareholder update relating to a
number of growth-related initiatives progressing with its largest
subsidiary, Snakes & Lattes Inc.
All of the required filings to bring the Company
‘current’ with its OTC Markets reporting obligations have been
submitted. Concurrently, the Snakes & Lattes subsidiary
continues to expand rapidly in line with the Company’s growth
strategy. Management looks forward to shifting focus and
announcements from the administrative side relating to
filings/reporting, to the great strides being taken by the Company
to rapidly expand operations, revenues, and ultimately shareholder
value.
Snakes & Lattes
New Corporate
Locations
Guelph, Ontario,
Canada
- Permits have
been applied for
- Engineered
drawings have been completed
- Layout and
design completed
- Construction
will commence in the new year with an expected launch in mid
2020
Soon to be
Revealed
- Another
existing board game café in Ontario is in late stage discussions of
being acquired. The details of this acquisition will be released
upon completion which is expected shortly.
In-House Published Game Titles – Kill the
Unicorns
- Shipping
container containing KTU set to arrive in Toronto next
week
- Product will
hit retail locations in USA & Canada before the Christmas
Holiday
- All
pre-orders to date will be shipped and received before the
Christmas Holiday
- Pre-orders
and sales going very well in Europe and in Canada and many
distributors have placed firm purchase orders. More to come on
this.
- USA orders
to follow as early as next week
Snakes & Lattes SAS Publishing (AKA
Morning)
- Primary
focus has been on Christmas sales & pre-orders of in-house
developed product
- Two
additional in-house developed games are nearing completion &
ready for kickstarter campaigns / publishing.
- Now that the
in-house developed game title, Kill the Unicorns has been fulfilled
and has honored its obligations to backers from the last campaign,
Snakes & Lattes Publishing SAS will shift focus to the next
campaigns for our newest games.
Snakes & Lattes Corporate
Locations
- Corporate /
Team Building Events at the Toronto locations are at an all time
high with approximately 30 large parties scheduled for the month of
December alone
- The month of
November was one of the best on record for the
company:
- Tempe
largely increased sales YOY in November due to a lot of sports
events and the AZ college football rivalry games in the area. The
City of Tempe has a lot of events planned, including a number
of street events, which should drive increased traffic and new
patrons to the location
- Toronto has
been experiencing seasonally colder than normal temperatures which
also helped drive location traffic. Patronage has increased as
people are looking for a warm place to gather with friends
sheltered from the cold.
- The Eglinton
LRT construction has moved further on from the Midtown location,
allowing for easier access to the venue, and as anticipated, we
have seen an increase in patronage at Midtown. Management expects
patronage and ultimately sales from Midtown to increase
continuously moving forward and will be promoting the venue locally
to drive the business.
Snakes and Lattes Fulfillment / Distribution /
Logistics
Services
- The
fulfillment division has seen a dramatic expansion over the past
twelve months in terms of number of different SKU’s and kickstarter
campaigns fulfilled
- Some large
campaigns have been recently launched. These include campaigns for
partners which have had some of the most successful game launches
ever and set records in the board game industry. Snakes &
Lattes will continue to handle the fulfillment and distribution
throughout Canada for the new game titles. These new game titles
are expected to be a big hit over the holidays and the Company will
continue these campaigns into 2020.
- Additionally, an acquisition to expand this arm of the Company
is expected to close within the coming days and will be announced
next week upon completion.
We look forward to continued
communication next week and ongoing for the future. The company
would like to thank all of our shareholders for all of their
support and for being a part of the company as we do our best to
drive growth and expansion in every way
possible.
Stay tuned for a twitter update that is going to
give instructions to shareholders regarding a free merch contest /
giveaway before Christmas.
About Snakes &
Lattes
For further updates from the Snakes & Lattes
and its parent company, Amfil Technologies Inc. please follow us on
Twitter @AmfilTech
For more information regarding the company, and its
related subsidiaries please visit the following
websites:
Amfil Technologies
Inc. www.amfiltech.com/
Snakes & Lattes
Inc. www.snakesandlattes.com/
Morning (Snakes
& Lattes Publishing SAS) https://www.morning.us/
GRO3 Joint
Venture http://gro3systems.com/
Interloc-Kings
Inc. http://www.interloc-kings.com/
About
Us:
Amfil Technologies
Inc. is the parent company to three wholly owned
subsidiaries:
1). Snakes &
Lagers Inc. holds the trade name and is the owner of Snakes &
Lattes Inc. which currently operates 3 tabletop gaming bars and
cafes located in Toronto, Ontario and 1 in Tempe, Arizona. The
company is in the process of expanding throughout North America.
Snakes & Lattes Inc. was the first board game bar and cafe in
North America, is believed to be the largest in the world and has
the largest circulating public library of board games in North
America for customers to choose from. Snakes & Lattes Inc.
currently has a 100+ member staff and recently acquired the
exclusive distribution rights throughout Canada for some of the
most popular board games in the world. The company also operates a
lucrative fulfillment and distribution division and has recently
entered into the board game publishing business through the
acquisition of Morning which is expected to add significant
revenues to the bottom line. For more information on Snakes &
Lattes Inc. feel free to visit the website
at www.snakesandlattes.com
2). The EcoPr03
GRO3 Antimicrobial System was jointly developed between Amfil Tech
and A.C.T.S. Inc. which recently rebranded its technology under
Advanced Ozone Integration as an extension of the existing ozone
technology being utilized in the food and beverage industry and
integrated by A.C.T.S. into companies such as Pepsi, Nestle, Sysco,
Sun Pacific and many others. The system is a triple-function
sanitization unit capable of naturally eliminating 99.9% of water
and airborne pathogens and the typically problematic pests that
wreak havoc for cultivators (like aphids, whiteflies and spider
mites), as well as bacteria, fungus, microbes and mold on surfaces,
all without chemicals. The unit can also constantly regulate a
given facility's water supply, oxygenating the water and
maintaining a consistent PPM infusion of ozone that prevents the
formation of algae, bacteria or mold (allowing for comprehensive
water recycling), simultaneously removing the need to use
pesticides and/or dangerous, often carcinogenic products to treat
production problems, as is common throughout the industry today.
This environmentally-friendly solution also eliminates odors, while
slightly reducing the air temperature, lowering energy consumption
by the HEPA filtration and HVAC systems and could potentially allow
for a facilities process to be labeled certified organic in the
U.S.A. when the crop is no longer considered illegal on the federal
level, otherwise "Clean Green" or "Certified Kind" in the meantime.
The EcoPr03 GRO3 Antimicrobial System recently passed product
review by a registered USDA certifying agent for use in California
as well as Pennsylvania and surrounding states. The subsidiary has
developed a strategic partnership with Roto Gro, the creator of
proprietary rotary hydroponic technology. More information on this
product line can be found on
the www.gro3systems.comwebsite
or on twitter
@GRO3Systems.
3). Interloc-Kings
Inc. is a hardscape construction company servicing the Greater
Toronto Area. This subsidiary is an authorized Unilock installer.
Unilock is North America's premier manufacturer of concrete
interlocking paving stones and segmental wall products.
Interloc-Kings Inc. has an A+ Rating with the Better Business
Bureau (BBB) and a 10/10 rating on homestars.com. Specializing in
stone and wood installations between $5,000 and $150,000 per
project, Interloc-Kings Inc. has quickly become a top, high quality
installation company of outdoor living areas in the GTA. More
information on this subsidiary can be found at the
website www.interloc-kings.com
Safe Harbor
Statement
This news release
contains statements that involve expectations, plans or intentions
(such as those relating to future business or financial results,
new features or services, or management strategies) and other
factors discussed from time to time in the Company's OTC Market or
Securities and Exchange Commission filings. These statements are
forward-looking and are subject to risks and uncertainties, so
actual results may vary materially. You can identify these
forward-looking statements by words such as "may," "should,",
"will", "expect," "anticipate," "believe," "estimate," "confident,"
"intend," "plan" and other similar expressions. Our actual results,
such as the Company's ability to finance, complete and consolidate
acquisition of IP, assets and operating companies, could differ
materially from those anticipated in these forward-looking
statements as a result of certain factors not within the control of
the company such as a result of various factors, including future
economic, competitive, regulatory, and market conditions. The
company cautions readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made.
The company disclaims any obligation subsequently to revise any
forward-looking statements to reflect events or circumstances after
the date of such statements or to reflect the occurrence of
anticipated or unanticipated
events.
Contact:
Ben Castanie
Snakes & Lattes Inc.
Telephone: (416) 500 2911
Email:
ben@snakesandlattes.com
Or
Roger Mortimer
Amfil Technologies Inc.
Telephone: (647) 880-5887
Email:
rmortimer@amfiltech.com
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