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Today's Quiz
1. (20 points) Explain how Rogerinocchio's reduction of CONvertible debt is related to creditor priority in a Chapter 11 bankruptcy proceeding as it relates to voting on approval of a proffered reorganization plan from current management. How might this affect Rogerinocchio's ability to remain in CONtrol of the company as a preferred stock CONtrol block holder in a Chapter 11 bankruptcy?
2. (10 points) Discuss the origin of the funding for said CONvertible debt reduction including source and terms of repayment.
3. (10 points) Discuss the reasoning behind MeinJay LLC's accepting a cash settlement for only one of its four CONvertible debt notes.
4. (BONUS - 5 points) Explain under what circumstances and reasoning a creditor of AMFE/FUNN/FUNNQ would be willing to accept a cash settlement for less than they are owed. How does this relate to their appraisal of the company's future and its ability to CONtinue as a going CONcern and/or a bankruptcy filing?
5. (BONUS - 5 points) What happens to existing common stock shareholders in a bankruptcy (Chapter 11 and Chapter 7) as to their equity position in the corporation?
You may refer to the third paragraph in https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176158279 in your answers. This is an open book quiz.
Write your answers in the blue book in REDD ink.
New CUSIP equity to be issued to creditors in lieu of cash
Rogerinocchio's latest acquisition:
https://www.yelp.com/biz/yield-up-international-mountain-view
Now _____Ben and Rogerinocchio are on Easy Street! Lazyass ________ Ben din't even bother to post a faux "NT10-Q" on the OTCMarkets.com paid advertising website. Too much work. Like paying rent, vendors, and taxes. Really - this turdmonger couldn't be bothered to post an extension. He din't even need to gett~OUTT of bedd to do that. He could have done that on a smartphone or laptop (well, ______Ben doesn't really have a lap anymore - butt still) in under 5 minutes, rolled over and gone back to sleep. Nope - even that is just too much work for the Dynamic Duo.
NEVER invest in a company that has this as its CEO or CFO
Rogerinocchio looks on thru the haze of weedsmoke and would gesture approvingly if he wasn't too stoned to move
Oh well, back to the Guyana Gole Mines story
That bored is nott the only SnL operation that is [being/going to be] shutt down.
The Clownshow may even cancel this year's traditional Annual Shareholders Meeting. Yeah, hard to bleeve butt it's possibly true.
Is Anais still pulling a Czech from this scam? Why? She should be deported back to France - or at least to Quebec.
Time to go back to the ole Guyana gole mine claims. The binniss strategery of nott paying rent or vendors is short-sighted.
Chicago or Tucson next?
I think it will eventually accomplish getting "listed" on OTCMarkets.com Expert Market.
Rogerinocchio will never surrender CONtrol of the MORTIMER CRIME FAMBLY GRIFT VEHICLE (aka AMFE/FUNN/FUNNQ). Nott with 40 years under its belt since his pennyscamming daddy put this turd on the public trading market, originally as Technical Ventures. This turd is the MORTIMER's meal ticket - gravy train - so Rogerinocchio never has to gett a yobb. He can stay stoned all-day, every-day. And ______Ben has nothing else to do; nobody would hire him and even if he found a yobb, he could no longer sleep all day, getting up only to pee, eat, and see which of the SnL game cafes was being evicted for non-payment of rent this quarter. No, when the last SnL game cafe blinks~OUTT, ______Ben is going to be in a badd spott with no employment prospects and the loss of his gravyboat train he's been riding for the last 15 years. Both Rogerinocchio and _______Ben appear to be completely talent-free and substantially severely knowledge-deficient as to business.
Butt The Clownshow will be able to accomplish getting this pennyscam turd "uplisted" to the Expert Market. They can and will do that. That is perhaps Rogerinocchio's easiest route to avoid FoxxInnaHenhouse, the principal unsecured creditor (other than landlords, unpaid vendors, and tax authorities) who could potentially force Rogerinocchio to loose CONtrol of this MORTIMER CRIME FAMBLY GEM in a bankruptcy - opposing any reorg plan that would leave Rogerinocchio still in de facto CONtrol - and leaving the alternative being a Chapter 7 liquidation. In either case (reorg or liquidation), existing baggholders wood loose everything. Butt FoxxInnaHenhaus only CONtrols, at most, ONE creditor class, and if the other creditor classes in a BK oppose any reorg plan because they just want whatever munny they can gett now in a liquidation, then this turd likely goes to liquidation; so it wood be uber-risky for FoxxInnaHenhaus to try and force a BK. So it's really a Mexican Standoff. Which, ergo, will likely lead to the Expert Market in time.
Never underestimate the capacity of the idjits involved in this scam - all of them - from being able to accomplish serving as negative examples.
This will all end in tears for anybuddy who put munny into this pennyscam turd - either retail or wholesale (as CONvertible note baggholders or PPers or vendors who took shares in lieu of cash for payment - e.g., Propeller Coffee et al.). The only ~OUTTstanding question is how long Rogerinocchio, ________Ben, and LARRY "The 77,870,000 shares for Nuttin' Man" LEVERTON can stretch~OUTT this Mexican Standoff. Mebbe they can stretch it ~OUTT long enuff to accomplish the Expert Market "uplist".
The level of brainwashing in this pennyscam turd was/is despicable. The hypesters have cost a lott of foolish pennyvestors ("foolish pennyvestors" is redundant) and themselves a lott of munny.
First post is from Rocket
On 24 October 2017, AAPL was $39.10 and AMFE/FUNN was $0.19 - today AAPL is $205.04 and AMFE/FUNN is $0.020.
From that date AAPL is UP 424 percent while AMFE/FUNN is DOWN 99 percent.
$100 in AAPL on 24 October 2017 would be worth $424 today - $100 in AMFE/FUNN on 24 October 2017 is worth $1 today.
This is a typical example of pennystocks versus real stocks.
It's nott just Rogerinocchio, _______Ben, and Larry the 77,780,000 Share Freebie Man - it's pennystocks. Doesn't matter whether it's AMFE/FUNN, CRLR, UNGS, RENU, SSFT, BWVI, MRGE, PCTL, LPTV, TLSS, LVVV, SIRC, etc. et seq. et al. ad infinitum. They are all JUNK. That is WHY they are cheap - NOTT because the pros on Wall Street somehow overlooked their value and potential and you outwitted the pros by finding the wonder pennystock. No. YOU are the greater fool thinking pennystocks are an unappreciated bargain that somehow YOU as a novice investor have ~OUTTsmarted the pros. It is to laff!
What is truly despicable is telling someone who has an insurance check for a hurricane-damaged home that he would be better off putting the money in a pennyscam turd - particularly AMFE/FUNN/FUNNQ instead of using it to repair his damaged home. THAT is despicable pumpsterism.
I'm only here for the QB "uplisting" and FINRA name change. Well, and also for the:
GROWING! THRIVING! SCALING! CROCK OF SHIT!
Plus I want to see which game cafe closes next for non-payment of rent. My picks are (1) Chicago (which should have been closed long ago) and (2) Tucson.
I hope the workers there don't get stiffed with no severance like the VA Beetch folks did. The workers could undertake self-help and begin pilfering any items of value before they are unceremoniously fired (prolly, as usual, by NASTY SUSAN).
The Federal student loan repayment resumption (which was long overdue), the new all-time high CONsumer debt level, and a looming recession are all good tailwinds for the uber-expensive game cafes with $21 51 Spices Laotian Montagnard Popcorn and $6-8 per person gaming fee per 2 hours.
Expect great things from this turd. Last Q (financial ad due in 16 days) is the final one that includes the defunct, abandoned Wellington location revenue. Nott that ______Ben's overcooked books are accurate, butt at least worth a laff. Just don't waste time trying to make the numbers add up within or between OTC paid advertisements.
It is long overdue for Rogerinnochio to switch-up DaStory. With the gold price heading to Pluto, he ought to dust off those old Guyana gole mining claims. It is time for another losing junk acquisition like Mourning, NSI, Tokin, Starlit Citadel, etc.. Hangover Joe's beef jerky biz is available. Or Nate's spray can pancakes. Or just restart the bullshit PRs for Gro3 - that worked before - for awhile. Are VESSL and RotoGro still around for some fake PRs again? 10 Acre California Grow Site? Colombia weed hothouses?
Ask The Clownshow at this year's annual shareholder meeting.
It may be held at the ORLANDO location this year.
Chicago will be the next eviction "closure" for non-payment of rent
VWAP = $0.001596 Total$Vol = $472
About as much life as a patient with a gunshot wound to the brain and in a persistent coma on life support. Barely there. Arguably already dead just waiting for the funeral home van to come pick up DaBody. And if dat DaBody is _______Ben's, it better be a HEMTT w/M1076 trailer or a Terex Titan dump truck. Chevron might pay decent munny for that hydrocarbon deposit.
Absolute garbage. Rubbish. Detritus.
At least KTU is selling like poutine in a three Michelin star restaurant. These doofi must be on the 19th print run by now. I hear it's a hot seller in Italy. The pigicorns are always souled~OUTT.
Other than KTU, there is nothing of value here. Perennially munny-loosing turds have no value. Anybuddy can sell $5 for $3.77 - no demand for that business model.
Nimrod chanting the mantra "Growing! Thriving! Scaling!"
Indeed so.
AMFE/FUNN/FUNNQ is what happens when rapacious greed of family dynasty penny-crooksterism intersects total incompetence and unwillingness to work.
As we have been instructed by mental giants, this intersection produces Growing! Thriving! Long Lines! ...
... and, as correctly reported by math, endless, non-stop, perpetual LOSSES.
If this subpennyscam could just find a way to do away with math ...
Mebbe a few more party bowls of weed and numerous boxes of Tim Horton donuts and garbage bag-sized bags of Doritos will provide The Clownshow with ideas on how to cancel math.
As usual, if one is looking to find really atrociously badd management, pennystocks are the best place to look. Where else other than government-run enterprises (e.g., Amtrak, USPS) can you find business (dis)organizations that can be in "operation" for 40 years like this turd and never once have a profitable, sustainable business - nott even one?
Rogerinocchio stared down at the bottom of the empty barrel and said to _______Ben, "well, it looks like it's time to either fish or cut bait", and _______Ben replied "where's that knife?"
After an awkward silence, Rogerinocchio proclaimed "Ima go get some donuts at Tim Hortons, you want a cuppla dozen - the usual varieties? I'll just charge them to the SnL company credit card like always., that way we never have to pay."
_______Ben just chuckled and said "well then, get me three dozen and another dozen of the ones with sprinkles. And a small coffee, the Nespresso machine is still broken."
It'll be Chapter 7, nott 11. SnL's 15 years of unprofitability are incompatible with an approvable reorg plan. BK trustee will move it to liquidation.
Mister Burger @ SnL
SnL can use the used games and Nespresso machines at its latest new locations - Hamilton, Kitchener, Fort Collins, Denver, Charlotte, et seq. soonly
New Tijuana SnL location opening soonly using VA Beetch soiled games and Nespresso machine
The new expansion locations are progressing right on schedule, as usual.
And the grand opening of the St. Catharines Tokin weed dispensary should be soonly this summer
SnL señor management and siesta squad (minus LARRY, he was napping at the time)
Mourning game sales are going well - distributed by Starlit Citadel subsidiary
Rank: Overall 13,589
https://boardgamegeek.com/boardgame/248376/buurn
Rank: Overall 5,458
https://boardgamegeek.com/boardgame/204602/kill-the-unicorns
Another of ______Ben's new menu entrees - the cheese (and pickle) are +$3 each
Snakes and Lattes, Inc. is the parent company to two subsidiaries
(Formerly known as Amfil Technologies, Inc. - waiting on FINRA for official name change)
**** Snakes and Lattes Investor Presentation Deck ****
**** Last Reported Share Structure ****
As of 07/15/2024
Authorized: 800,000,000
Outstanding: 791,159,680
Float: 509,072,305
http://www.otcmarkets.com/stock/FUNN/profile
http://www.otcmarkets.com/stock/FUNN/quote
http://www.otcmarkets.com/stock/FUNN/news
| Company Highlights | ||
|---|---|---|
 | Wholly owned subsidiaries and joint ventures across many high potential and growing industries: | |
 | Game board cafés (Snakes & Lattes) | |
| Hardscaping and heavy equipment services (Interloc-Kings) | |
| Multimillion in quarterly revenues | |
| Authorized shares 800 million | |
| No toxic debt, reverse split or recapitalization in the 39-year history of the company | |
| Total of 8 board game cafe locations in the U.S. and Canada: | |
| Tempe, Arizona, US | |
| Tucson, Arizona, US | |
| Chicago, Illinois, US | |
| Virginia Beach, Virginia, US (Temporarily closed) | |
| College location in Toronto, Ontario, CA | |
| Annex location in Toronto, Ontario, CA | |
| Midtown Market location in Toronto, Ontario, CA | |
| Wellington Market location in Toronto, Ontario, CA | |
Subsidiaries
Board Game Café
Snakes & Lattes is Canada’s premiere board game café. Enjoy healthy and comfort food, drinks and spirits, coffee and tea while playing games from their vast selection. The games are organized so you can quickly find your favorite or discover something new. Don’t know what to play or want a suggestion? Snakes & Lattes has game gurus at every location willing to help! Waiting lines are typical at each location and each is highly positively reviewed on social review sites. Snakes locations also have periodic exciting events like Game Designer nights for upcoming game creators to test out their creations with real game enthusiasts..
 |  |  |
Corporate owned/Franchising/Joint ventures
There are currently 3 locations in Toronto, Canada and the FIRST location in the U.S.A. opened in Tempe, Arizona on October 12th, 2018, with their largest and most extravagant acquisition in Chicago as their SECOND U.S.A location. The company has created a Snakes & Lattes USA Expandion and Buildout (SLUEB) team for rapid expansion via corporate location funding and joint ventures across North America, with the ultimate goal of reaching Europe and Asia. The Expansion team is currently on tour with interested parties for corporate locations in major cities across the USA. They are in active negotiation with multiple interested parties and continue to receive high interest as awareness of the brand and expansion effort grows.
Game retailer
Snakes & Lattes sells games direct at each location and online. As a master distributor, Snakes & Lattes buys below wholesale; capturing a higher margin on sales.
Event planning
Snakes & Lattes flagship Midtown location is the alpha model which all franchises and joint ventures will be based. The 10,000 sq.ft. café offers event services for parties; both private and corporate. Snakes provides a unique and enjoyable experience: Supplying a variety of foods, beverage, and games. On site Game gurus will help ensure a maximum good time. More and more corporate and private events are discovering Snakes as a great place to hold their events! This is one of the many rapidly growing segments of the business. Snakes also has a ‘Snakes-On-The-Go’ experience, a mobile version where they will bring the Snakes experience to you.
Marketing
Snakes & Lattes has game launching services for up and coming game publishers. Snakes’ experienced Gurus provide critical feedback and test play. Snakes marketing services for potential new game publishers including decor, themed cocktails, pastries, drawings, sales displays, online videos in the same way Hollywood launches movies. This provides Snakes with a unique advantage in being able to secure exclusive distribution rights with game designers once the game is launch ready.
What sets Snakes and Lattes apart?
There are many game board cafes out there, and more popping up all the time. This is a good thing! Game Board Cafes (GBC) is a fledgling industry, and has many years of growth ahead of it. There will be many one-off cafes and just as there are coffee shops, there will be some great ones! However, there is only one Snakes & Lattes Game Board Café. There is only one GBC that is also a brand, where the café location is only one part in the entire supply chain.
Snakes and Lattes has everything: Design, Publishing, Distribution, Fulfillment, Online and Retail Sales, Casual Food and Entertainment and Event Services.
More information can be found at: www.snakesandlattes.com
History of Snakes & Lattes:
• Unique idea, strategy fuel game cafe's success
 |  |  | ||
| X (Twitter) | YouTube | TikTok |
Interloc kings was established by Roger Mortimer in April of 2009. Interloc Kings is the premier landscape construction and snow removal service provider serving the GTA and York Region of Canada since 2009.
The team of designers and installation technicians delivers cutting edge landscape designs.
 |  |
The company is rated A+ by the Better Business Bureau since becoming a member in 2011.
The company has a 9.7/10 rating on HomeStars.
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.
Mr. Mortimer brought this company into the Amfil Tec. umbrella in 2013 and as a result, he became CEO of Amfil Tech. at that time.
As the company continues to grow, the vision is to spin Interloc Kings off into a public company (shareholders will receive free shares of the new company) and grow Interloc Kings into a franchising network that will cross the United States border.
More information can be found at www.interloc-kings.com
Financials
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Presentations
| FUNN Timeline Presentation  |
| A visit to Snakes & Lattes Midtown - with Zee  | Sam's Day Trip To Snakes & Lattes Midtown in Toronto  |
AI
