$AMFE Amfil Technologies Inc. Signs LOI To Open A New

New Post Public Reply Private Reply Replies (2) Message Board
hotforpenny
376
$AMFE Amfil Technologies Inc. Signs LOI To Open A New Snakes & Lattes Venue in Charlotte, North Carolina And Announces That A Location Will Also Be Coming To Denver, ColoradoPress Release | 08/01/2018

Toronto, ON, Aug. 01, 2018 (GLOBE NEWSWIRE) -- Amfil Technologies Inc. (OTC Pink: AMFE) is pleased to announce that Snakes & Lattes has signed a Letter of Intent (LOI) to open a Snakes & Lattes location by way of a Joint Venture partnership in Charlotte, North Carolina. The partnership arose from the company’s recent visit to the area.

Charlotte is the most populous city in North Carolina, with an estimated 850,000 people. The Charlotte Metropolitan Area, which is a sixteen-county market region, is home to an estimated 2.7 million people. It is the third largest city in the southeastern United States and is estimated to be the third fastest growing major city in the United States. Charlotte is home to numerous colleges and universities with UNC Charlotte being the largest in the city. Based on US Census data from 2005-2015, it tops the 50 largest US cities as the ‘millennial hub’, making Charlotte an ideal location for a Snakes & Lattes location with respect to target demographics.

Several properties have been shortlisted as potential locations, and a lease request will be submitted to a landlord upon final location selection. While this Snakes & Lattes location is projected to open in 2019, further locations planned in other regions may open earlier. The US Expansion Team will continue visiting different US regions/cities to meet with potential partners to identify and secure prospective venues for further openings throughout 2018 and into 2019.

The next expansion trip will be to the state of Texas. Meetings with potential partners have been set for Dallas, Fort Worth, Austin, San Antonio, in addition to a number in the Houston area. The team will be attending multiple meetings and covering a large geographical area over the week.

The team will then proceed on to Denver and Fort Collins, meeting with interested parties and viewing potential sites for further Snakes & Lattes locations. The Denver location planned for the area will be corporate-owned, and is projected to commence construction in 2018, provided the right location is secured. A private investor has already committed to fully funding this location.

Parties interested in meeting with the US Expansion Team in any of the above-mentioned regions, or, to enquire when the team will be available in other areas of the United States are encouraged to email investors@snakesandlattes.com to make arrangements.

Construction of the first corporate-owned USA location in Tempe, Arizona is moving along, and is slated to open in time for the back to school season. Further updates regarding the US Expansion of the Snakes & Lattes brand can be expected as they continue to develop. The company looks forward to accelerating the brand even further throughout the US as we continue solidifying Snakes & Lattes brick and mortar locations and strategic partnerships to expand operations and deliver maximum value back to our shareholders.

Additional updates can be expected in the near future.

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 through Snakes & Lattes Publishing SAS which recently acquired Morning games in France, which is expected to add significant revenues to the bottom line in the future. 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

Amfil Technologies Inc. (FUNN) Stock Research Links

FUNN Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Bob Evans' Protein Mac & Cheese: Practical Power Play

Updated Category News Views 16

Has anyone else noticed just how fast the world spins when it comes to consumer trends these days? Bob Evans is hopping right on the protein bandwagon with its latest launch, a microwave-ready Protein Macaroni & Cheese that packs 18 grams of protein per serving. You gotta hand it to them for seizing opportunity when they see it. This one's not just about tossing a new...

Continue Reading
Cure Blindness Project's 770K Screenings for World Sight Day

Updated Category News Views 7

Visionary Steps Toward a Brighter Future No two words could describe the task that Cure Blindness Project is tackling this year: vision and action. Marking World Sight Day on October 8, they plan to usher in 770,000 eye screenings across Asia, Africa, and the Caribbean. These initiatives aren't just numbers—they're a colossal step toward lifting the veil of avoidable...

Continue Reading
Navigating Holiday Sweets: Healthy Balancing Acts

Updated Category News Views 8

In the middle of the sweet madness that is the holiday season, Crispy Green and Dr. Nicole Avena are playing guide to families drowning in sugar. This isn't just a once-a-year Halloween headache; we're starting that sugar spiral early and letting it ride until the New Year approaches. It's an all-hands-on-deck situation if families want to dodge that sugar overload. Why...

Continue Reading
Skandia's Soundproofing Kit Expands to Brazil's Skies

Updated Category News Views 5

Soundproofing Takes Off in Brazil Skandia has just pulled off a neat trick, earning the nod from Brazil's National Civil Aviation Agency (ANAC) for their King Air soundproofing kit. That means quieter skies ahead for operators of the King Air 200 and 300 series in Brazil. This is no small feat, folks; it's like finally getting that coveted backstage pass after years of...

Continue Reading
Purina Institute Highlights Nutritional Science at WSAVA 2026

Updated Category News Views 12

A Global Stage for Pet Nutrition Science The folks over at the Purina Institute are back in the spotlight as they gear up to throw their weight behind the 51st World Small Animal Veterinary Association (WSAVA) Congress in Warsaw, Poland. Set for October 13-15, 2026, this isn’t just another event—they're bringing some serious clout with their 'Food for Thought'...

Continue Reading
TA Services Strengthens U.S.-Mexico Freight Operations

Updated Category News Views 7

TA Services Moves Boldly Across Borders If ever there was a time to play the logistics chessboard like a champ, it's now, and TA Services just slammed the board with a solid move. They've grabbed Carmen Pacheco Transportation and Interload Forwarding, two family-run operations with some real muscle in North American logistics. This isn't a small-time maneuver; they've...

Continue Reading
Cala Launches Game-Changer Wearable for Tremor Relief

Updated Category News Views 10

Breaking New Ground in Neuromodulation Medical tech's on a roll, and Cala Health just hopped on the fast track with their latest launch—the Cala kIQ Plus System. This bad boy is aiming to offer relief for those grappling with hand tremors, thanks to its FDA clearance and a host of new features. It's the first of its kind, combining multiple therapy modes with an...

Continue Reading
Dentistry.One Achieves HITRUST i1, Boosts Cybertrust

Updated Category News Views 6

HITRUST i1 Certification: The Gold Standard in Security For a world increasingly reliant on digital infrastructure, cybersecurity certification is no longer just a badge of honor; it's a cornerstone of trust. Dentistry.One nailed this down by bagging that coveted HITRUST i1 certification. When folks talk about securing data, HITRUST might as well be speaking gospel. We're...

Continue Reading
Charter Next Generation Unveils Gen 2 MDO-PE Films

Updated Category News Views 9

Peering Into CNG's Latest Innovation Charter Next Generation (CNG) just threw down a hefty gauntlet with its launch of next-gen machine-direction-oriented polyethylene (MDO-PE) solutions. They're pushing the envelope on what recycle-ready packaging can do, folks. Let's not mince words—other players in the field better have their game faces on. This ain't just another...

Continue Reading
JiMMYBAR! Expands Creatine Market with Target Launch

Updated Category News Views 12

JiMMYBAR! Breaks New Ground in Supplements You ever notice how some companies just know how to shake things up? Take JiMMYBAR!, for instance. The moment I read they’re making moves to get their Creatine + Protein bars into Target stores nationwide, starting October 4, I thought, “That’s one way to drag creatine out from the dusty tub and onto the shelves of...

Continue Reading

Top 5 Most Recently Viewed Articles

SEALSQ's $10 Million Leap into WISeSat for Quantum Satellites

Updated Category News Views 158

SEALSQ Corp Takes a Major Step in Quantum Technology Investment SEALSQ Corp (NASDAQ: LAES) is making waves in the semiconductor and post-quantum technology sectors by announcing a strategic investment of $10 million into WISeSat.Space AG. This move aims to expedite the development of a satellite constellation that is both secure and quantum-ready. As we delve into the...

Continue Reading
Great Plains Food Bank's $20M Boost Sparks Expansion

Updated Category News Views 16

Big Moves in Food Security in Fargo Imagine waking up knowing you’re the lifeline for an entire state struggling with food insecurity—now that's the daily grind for the folks at Great Plains Food Bank. This crucial institution in North Dakota is getting a hefty $20 million boost thanks to Rural Development Partners LLC. That's not pocket change, folks. We're talking...

Continue Reading
Sustainable Growth in Luxury Resale Platforms Amid Digital Shift

Updated Category News Views 268

Understanding the Expansion of Luxury Resale Platforms The luxury resale platform market has gained significant traction in recent years, with a valuation of USD 1026 Million expected to grow to USD 1908 Million by 2031. This growth, at a remarkable CAGR of 9.4%, highlights a key shift in luxury consumption that is heavily influenced by sustainability and digital...

Continue Reading
Transforming Travel with SmartRate Integration by Mize and Juniper

Updated Category News Views 153

SmartRate Integration Revolutionizes Travel Booking Mize, a frontrunner in travel fintech solutions, is collaborating with Juniper Travel Technology, a distinguished name in travel technology. This partnership marks a significant evolution in their long-term relationship as they incorporate Mize's innovative SmartRate product into Juniper's global platform. The...

Continue Reading
Digital Twin and Thread Market Set for Exponential Growth

Updated Category News Views 323

Overview of Digital Twin and Thread Market Growth The digital twin and thread market is undergoing a significant transformation. Following its expansion from an estimated USD 4.24 billion in 2023, it is set to escalate dramatically, reaching around USD 9.78 billion by 2030, with a remarkable compound annual growth rate (CAGR) of 12.7%. This upward trajectory is largely...

Continue Reading