Toronto, ON., May 29, 2018 (GLOBE NEWSWIRE) -- Amfil Technologies Inc. (OTC PINK: AMFE) is pleased to announce the completion of the ‘Morning” acquisition that was mentioned in a press release from the company dated March 22nd 2018. The acquisition was an all cash deal of approx. $150,000 EUR which was paid in full and going forward, beginning in the Amfil Technologies Inc. 2018 annual report covering the period to June 30th 2018, ‘Morning’ will be consolidated into the company’s financial statements.
2011 marked the official birth of ‘Morning’ in Toulouse, in the south of France. Since inception, the Morning Team, a group of young enthusiasts have been working hard to offer innovative games and quality products to retailers in France and beyond with one goal: get up every morning and source, develop, translate, promote and distribute ‘Morning’ board games.
Morning has numerous published board game titles on and coming to market shortly. Some of the newest titles that will be hitting the market in the future will be IKAN, Red Panda and Kill the Unicorns.
‘Kill the Unicorns’ is a title the company is especially excited for as the Unicorn theme and trend has been very popular in the past two years. Capitalizing on the strong theme, the game also brings a fun and accessible gameplay to families and casual gamers.
"Kill the Unicorns" was financed on the Kickstarter platform, thanks to almost 8,000 backers and numerous partners (retailers, board game cafés) around the world. The game is highly anticipated: https://www.kickstarter.com/projects/morningp...e-unicorns
‘Morning’ will continue to be run by a group of six experienced professionals within the industry from France as Snakes & Lattes Publishing SAS. Amfil Technologies Inc. will assist where possible to continue growing the line of published games, expanding the brand and distribution to additional countries and helping out with promoting and distributing the new games.
The company is very pleased to have acquired ‘Morning’ and be working with such great talent in the industry to bring to market and expand the vision of the original creators of various board game titles. Snakes & Lattes Inc. continues its growth and expansion through this vertically integrated acquisition and we anticipate a bright future coming from and working with the team at ‘Morning’.
Snakes & Lattes Inc. continues its expansion and franchising plans throughout Canada and the USA. Updates on this initiative and internal progress made on this front is forthcoming. Interested parties and franchise related inquiries are encouraged to reach out to investors@snakesandlattes.com and a representative will be in touch with you within 48 hours.
For more information regarding the company, please visit: www.amfiltech.com and follow us on Twitter for further updates @AmfilTech.
For more information on Snakes & Lattes Inc. please visit: www.snakesandlattes.com
For more information on GRO3, please visit: http://gro3systems.com/
For more information on Natural Stuff Inc., please visit: https://www.naturalstuffinc.com/
For more information on Interloc-Kings Inc., please visit: http://www.interloc-kings.com/
About Us:
Amfil Technologies Inc. is the parent company to four 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 that brought in over $7M CAD in revenue last year. The company is in the process of franchising 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 have 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 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.com website 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 being, 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 .
4) Natural Stuff Inc. For over 20 years, Natural Stuff Inc. has been distributing high-quality, value products. Since 1994, the business and delivery system have been satisfying grocery, chain, discount department, and convenience store customers. Wholesalers, vending and catering services are some of our best clients. Natural Stuff Inc. is always searching for new and exciting snack food & drink products to boost in-store sales and drive business.
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," "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 Amfil Technologies Inc. (416) 500 2911 ir@amfiltech.com
