Amfil Technologies Inc. Provides Shareholder Update Confirming Timely Kill the Unicorns Shipments, Details of New Snakes & Lattes Locations & Publishing Updates
Press Release | 12/06/2019
TORONTO, ON, Dec. 06, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – 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.
Press Release | 12/06/2019
TORONTO, ON, Dec. 06, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – 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.
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Amfil Technologies Inc. (FUNN) Stock Research Links
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