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'closing the gap to profitability'
More bullshit! That is just The Clownshow's word game-ism. Translation to Engrish: they are desperate to reduce the endless, ongoing BLEEDING from unCONtrollable OPERATING LOSSES of this munny-loosing scam.
It is Clownshowspeak for BOHICA, the endless BLEEDING will nott STOP.
They will try anything ... Mrs. Beasley's Burgers, closing Guelph (and soon others) to try to stanch the BLEEDING~OUTT. The Clownshow cant see profitability even with the new Webb telescope - it is that far across the universe from them. In fact it is nott even in the universe in which AMFE/FUNN/FUNNQ resides.
AMFE/FUNN/FUNNQ is so deep in DaHole that TheClownshw cannot even see daylight high noon using a massive telescope pointed directly at the sun.
Butt ... that is some funny shit tho.
ROFLMAO "Profitability" Based on What?? Faux Witness Accounts Again?
Recovering restaurants can certainly expect decent holiday revenues; but not convinced it holds true for board game cafes who do poor job marketing in specific localities. Provo, a dry town, will continue to lose money. ChiTown will continue to lose money because its so darn expensive to operate. And having 3 cafes in Toronto is poor logistics. They really should get rid of 1-2 of the money losing Toronto cafes - to give ONE Toronto cafe a real shot a t positive net profitability.
Companies holding large party dinners for the Holidays will likely choose a different kind of venue.
Busy holiday season now, closing the gap to profitability. FY23 looking good. Looking forward to the next update.
$FUNN
*****Just a matter of time FUNN stops reporting fins and this garbage is sent to the Expert Market where it will trade between .000001 and .0001 of a cent
retail will be hammered with massive loses here - with current anemic volume retail cant even dump/sell this POS right now
ENOUGH SAID
It would take me 750 days to liquidate at todays volume. Weak azz management needs to step aside and hire someone who knows what they are doing. The “ I tried before but couldn’t find anyone” excuse is a failure of their own. It would benefit Roger, Ben, and all shareholders to hire someone who knows their head from their arse.
On a serious, non-sarcastic note, I think The Clownshow's best possible move here for AMFE/FUNN/FUNNQ shareholder-victims would be to sell the entire SnL shitshow to ROGEN CHHABRA for one (1) US Dollar ($1) if he will assume all the debt and liabilities (which a smart person who can read and understand the balance sheet and P/L statements of this turd would never do). This way they cut the ongoing, compounding losses from SnL and the growing debt.
Then go back to the bullshit Guyana gole mining claims story. They could have better luck selling shares based on that pennyvestor-bait fable than they are having with this worn~OUTT, unbelievable 7+ years of ongoing, endless OPERATING LOSSES SnL game-cafe story.
Gro3, weed dispensary, game publishing and fulfillment, game-cafes - those stories are all played~OUTT. People now know those are shit. Butt very few remember the prior bullshit pennyvestor-bait story about some horseshit, unreal Guyana gold mine claims. That dog might be able to hunt as it hasn't been thoroughly discredited yett among the post-2014 pennyvestors that piled into this stinking, sinking turd.
They might be willing to average down (again ... yett again) for a retreaded gole mining fable. Just gett that fricken cement albatross of the ongoing, endless OPERATING LOSSES of the game-cafes off the neck of this turdstock. Hell, if ROGEN won't take it for a Buck (total payment), then reincorporate SnL as a non-profit (which it clearly is) and hold telethons and GoFu__Me fundraisers to cover the ongoing, endless OPERATING LOSSES of the game-cafe biz.
Then, divested of that game-cafe ablatross. AMFE/FUNN/FUNNQ can lett Rogerincchio free to pump the shit ~OUTT of the refurbished Guyana gole mines fantasy story.
Don't scoff. It could work (for awhile anyway) giving existing shareholder-victims a chance to sell ~OUTT into volume and reduce their losses. Nobody can bullshit like Rogerinocchio ... except maybe ______Ben.
Some stock photos The Clownshow can use for the new Tweeter when they re-roll~OUTT the Guyana gole mines story.
I know this is sarcastic. What a fricken joke. 1 trade for under $9. Averaging down has ceased. Nobody has trust in these clowns other than a select 3 or 4, and I do not think that is trust but instead a gambling hope. Sad ass leadership here. Glad I did not listen to the buy buy buy calls and ignored those arrogant messages of idiocy.
Ben give us very little insight and follows through on basically nothing. This leads to major speculation when all we see is menu revamping, excuses, and horrid follow through on their own simple initiatives. If we cannot complete simple things like a new Twitter channel in a month and a half, how is this fill in CEO’s going to execute anything of significance for this company?
Once again, I didn’t say it, our fake management did. This is the weakest leadership imaginable for a company that could be thriving. Closing locations? What’s next? Probably Provo. Opening a board game cafe that does not meet the criteria of their ((flagship’s) once midtown now Tempe) that does not serve alcohol is like trying to sell one shoe instead of a pair. Stupid as heck as they care more about cafe numbers than being successful. Dumb azz idea flung at the wall. That is because they have NO business plan.
It matters 0 when they close them down. Idiots in charge and snakes and lattes deserves better leadership under which it COULD thrive.
Looks like more that one way to skin a rat ! Ben Dover
_____Ben's latest menu
Confit a la _____Ben
______Ben's Rodentia-Frita (wild caught only - for the hipsters)
The new Leverton Platter ($36, +5 for silverware rental, +8 to omit the carrots and peas)
Seven Secret Spices Filet of Norwegian Muridae
Avion de Pumpster (... butt they own the supply chain ... thriving and scaling ... waiting for the next update ... FINRA name change any day now)
They sure have improved communication and follow through. How many times have they claimed this throughout the years. Still waiting for that new Twitter channel mentioned in the PR over a month and a half ago. Lazy management full of deceit.
They should close Chicago, Provo, and at least 1 Toronto Cafe
There's a reason why CAH was willing to sell that Dream Flagship Cafe. They were losing money and knew nothing about restaurant biz. They sold it to FUNN; who also don't know much about restaurant biz.
FUNN's current business model for expansion; aka, buying/acquiring money losing entities is a very, very BAD model of expansion - primarily because FUNN Execs don't know how to valuate a company - and turn it around to being positive net profitable.
FUNN has NEVER turned ANY money losing entity and turned it to being positive net profitable.
FUNN has NEVER created a business and been positive net profitable for ANYTHING. EVER.
Given a great opportunity w/ S&L cafe - their golden ticket - and, imo - have royally F***ed up.
IMO, the only hope FUNN has is if they can be approved for a 5 year loan that covers:
a CEO that has restaurant and franchising experience
accounting services
5 years of auditing
Hire commissioned salespeople
sell franchises in the USA
They don't really care....they will just make sure that nobody else gets control of it....even if it takes stealing another $4.5M one, or several, times
-$324,948 Loss on Investment
which investment?
$550k loss from PPC loans. which turns into Other Income (not revenue) when forgiven. I'd like to know where that money went.
I defy anybody to explain this from the bottom half of the annual P/L. How anybody can say this company posts financials that are meaningful is beyond me. Without audits, "You know nothing Jon Snow".
This management is just pathetic....or worse.
?Operating Profit ($2,023,449)
Other Income / Expenses
Reconciliation Discrepancies ($908)
Bank Revaluations ($11,580)
Foreign Currency Translation Loss $149,204
Gain/Loss on Investment ($324,948)
Income from Loan Forgiveness ($550,891)
Earnings Before Interest & Tax ($1,284,326)
Interest Expenses ($1,284,326)
Earnings Before Tax $476,527
Tax Expenses ($1,760,852)
Earnings After Tax $329,120
Exchange Gain or Loss ($2,089,972)
Net Income ($2,089,972)
Do Ben and Roger think they are doing a good job running this company?
Maybe they can play freeze out that’s a fun game!
I bleeve Chicago will close next, unless all of the locations close simultaneously as part of a Chapter 7 liquidation if no acceptable reorg plan under Chapter 11 can be approved by the creditor and/or no DIP financier will throw munny at such a reorg plan (if approved by the bankruptcy court).
Chicago dies soon after the heating bills for that barn start to tumble in next month - assuming this shitshow even makes it to next month before the BK. 14,000 square feet + kitchen exhaust resulting in large air exchange and heat loss + this winter's natural gas rates = brutal bills.
Last year Chicago was only open 2.5 days a week until late Spring. whereupon Aaron had bailed~OUTT and _____Ben flew in to ... wait for it ... change the menu and hire an entirely new staff as most of the old staff left when Aaron dd. Now with more days open, the heating bills will be even more brutal than just the upward price of natgas.
Butt yeah, a BK could be filed any day and could shutdown all of the remaining locations at once.
Lovely 5 reviews for Tuscon. The key takeaway is not the horrible service, its “we were the only ones there”. As I said before, Tuscon is dead and is next to close.
What can Tucson do to follow the amazing Roxi Starr drag queen show as a gimmick to try and put hipster-butts in game-cafe seats?
Why nott lett this chucklehead be the live music for the ORLANDO SnL game cafe. This is some real talent on display here:
Anyone who can read and understand a balance sheet and P/L statement would never, ever ... I mean NEVER ... go anywhere near this pennyscam turdstock and The Clownshow. And they certainly would nott invest here unless their goal was to generate 95+ percent capital losses.
One need nott be Fellini to figger~OUTT this financial shitshow and trainwreck-in-progress.
Over five years of pure fail and dead center on the same course piloted by the same Clownshow
Yes My Prediction Was Pretty Damn Close
:)
Wow!!! Okay deputy dumbass. Cant ignore the suck can ya? Check da volume. Peeps done averaging down cause there will be more averaging down from there! Volume spike over unless sucky management pulls a rabbit out of their hat. Nobody’s parking money here anymore.
Like there were none in Q4.....in spite of the BS otherwise.
Audit failures were a futuristic prediction of Covid too I am sure. Not sucky management.
So the Covid excuses should stop for FUNN then too right? “Roger Soon”The real suck is going to stand out. Great concept managed by morons who fricken suck the biggest balls at executing the things they say/claim!
Finally no more Covid restrictions in place either so all locations are free to work. Apples to Apples, and Oranges to Oranges time. $FUNN
P.S.- No more Blue Jays to watch! Go to a Snakes & Lattes! Go M's!
See you at Snakes and Lattes
Really? 1 location added in Q4 and the Q4 loss increased by $400K to make it the worst Quarter of FY 2022
Just how many new location losses can we afford? No more covid grants to keep this afloat anymore.
Yes! How about Indigenous Peoples Day! $FUNN
Can anybody explain the explosion in volume today?
Who here would recommend this stock to their friends????
Been down that road before.
0 trust in anything these guys say.
Roger ghosts clients at interlock kings too. It’s in the reviews and apparently flowing through his veins. Where is Roger/Waldo???
In 5 years management has become worse instead of better. Facts. So many opportunities wasted!
Lol!!!!! The claims some make. BEN is in charge and cannot even complete his own task of creating a new Twitter channel in a month and a half. He talks out his arse. They say so much BS with very little follow through. Major failure of Ben and Roger making this what it could be. We would have been way better off with Rogen still in charge!!!!!!!!!!!!
If it wasn't for the impending bankruptcy, The Clownshow could reverse split this turd 1-for-100 and maybe put it at 0.05 for a couple/few weeks. Or maybe just a day or a few hours ... because the fundamental value of this turd is ZERO no matter how much they reverse split it. A share of ZERO is ZERO no matter how many shares are issued.
2 more U.S. locations and we're gold !!
Unfortunately they were at .05 4 years ago :(
This turd already saw 0.05. And 0.04, 0.03, 0.02, 0.01, and now subpenny heading for triple zips.
On a fundamental basis, this turd is worth the same as Starlit Citadel, Mourning, NSI, Gro3, KuKum, Coq O'DaWok, and Tokin dispensaries ... and SnL Guelph. Zippo. Zero. Nothing. None of those businesses could be sold for even one Dollar (USD or CAD).
All absolutely WORTHLESS. Shutdown with nobody willing to pay even a cent for any of them. Even though SnL owned the supply chain, it was so non-valuable that nobody would even pay one penny to own that supply chain.
There is nott much market for unviable businesses. There will be even less of a market for them when the recession comes.
we'll see .05 before zero.Pennies are FUNN
look out for FUNN times ahead!!
All the buy buy buy calls have dried up like a California raisin!
And so, this is also wronGGG, as Provo is already in the 4Q2022 numbers and those numbers are included in the annual report.
This turd is still BLEEDING~OUTT OPERATING LOSSES every Q - and assets continue to DROPP whilst Liabilities continue to CLIMB.
This is what is known as an unsustainable, non-viable munny-loosing binnss model. Sometimes referenced as selling $5 bills for $3. This turd biz can only CONtinue for so long as Other Peoples' Munny can be found to fill in the $2/transaction losses and overhead.
WronGGG!
Are hiding. Nott just were.
Like the unpaid ~OUTstandiing balance and legal fees and accrued innerest due to FLAT RIVER for their uncollected judgement and the unpaid tax liens.
The bankruptcy disclosures/schedules will reveal some hidden stuph - implicitly only perhaps. Other dirt will remain hidden. The list of creditors and amounts owed will be most inneresting!!
The Clownshow is loosing over $500,000 USD per Q. According to the annual report, the cash on hand is el busto.The Accounts UnPayable were up again significantly. It will be inneresting to see how they covered the endless, ongoing loss in the next Q paid financial ad on OTCMarkets due in a munff.
These fiscal shenanigans, like socialism, can only defy the laws of financial gravity until they runn ~OUTT of other peoples' munny. It appears AMFE/FUNN/FUNNQ is very close to or already past that tipping point of running ~OUTT of other peoples' munny to subsidize a loosing binniss.
Keep Czeching PACER. The next meaningful update will appear there first.
I wonder what Ben and Roger were hiding that caused them to abandon the audits. We made it through two. To give up after that was a ploy cover for a reason. Alls Ben and Roger do is waste time and resources. Their efforts are weak as fk.
Yes, corrected my initial post. It opened Q4, 2022. Oversight on my part. Thx.
$FUNN
Ummm ..4Q2022 is from 01 April 2022 to 30 June 2022. So Provo is included in the 4Q2022 - which is itself reported in the recent annual report for fiscal 2022. Sheepdog is exactly correct.
Whoops-oops!!! This is VERY basic stuph.
Sheepdog is correct. Your statement below is false.
Keep checking PACER for the update. It is coming. The update will be posted on PACER first.
Oh, and sorry.
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Moderators Sheepdog 1vman BubbaInSC Noghawbuck |
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
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
Presentations
FUNN Timeline Presentation |
A visit to Snakes & Lattes Midtown - with Zee | Sam's Day Trip To Snakes & Lattes Midtown in Toronto |
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