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Nice finds Shawn! Thank you.
RFLMAO FUNN Execs Clearly misleading folks about growth in gross revenues when cafe revenues were actually flat.. and the increase was due to the forgiveness of PPP loans
Bwahaha
And worsening of negative net profits by -$633,000 vs prior quarter.
How is that turni g corner???
RFLMAO
Well, I guess almost every business receiving PPP loans during the pandemic were on the backs of taxpayers.
Of more importance is FUNN turning the corner to profitability and finally getting their house in order.
Yes, there is more to be done but I like the direction we're going.
Great find thanks for posting !
Not aware that JRF has made some comments lately ; but
interesting nevertheless; favorable lets hope !
Cafe_Revs_Were_Actually_Even_FUNN_Misleading_About_Growth_Q_over_Q
which is bad, because that line item SHOULD have grown if cafes were filling more seats via expanding hours; which is clearly NOT the case.
The "growth" in revenues was totally on backs of USA and Canadian taxpayers - as it looks like FUNN had $192,582 forgiven in PPP loans.
Average_of_$219k_gross_revenues_per_cafe_PATHETIC_Clearly_NOT_Filling_Seats!
those faux witness accounts of being very busy sure was BOOLSHYTE
And, unfortunately, FUNN did not break down by site - to better hide the losses in Provo, Chicago, and likely 1-2 Toronto cafes.
They need to shut down Provo, Chicago, and 1-2 Toronto cafes - to give selves a shot at making profits at Tucson, Tempe, and give all the Toronto biz to ONE site.
ROFLMAO_They_Don't_Mention_Low_Interest_Loan_Because_They_Are_DEEP_IN_DEBT_AND_HAVE_ACTIVE LIENS!!!
That "info" was in their lame Q&A.......lol
BWHAHAHGAHAGH
What_Do_Suggestions_Have_to_Do_With_FUNN_Exec_Failure_To_PR_Achievable_Action_Plan?
Literally, nothing. Funn Execs are failing on their own and need to own up to own ineptitude
That’s your idea no theirs. It’s why they didn’t mention it.
Great update in my opinion and really headed in the right direction now. I agree with the corner turned here and am hopeful Ben and team keep this thing going now. This is the time to snag more or start a position imo. $FUNN
More Like Flatlining No Achievable Action Plans Laid Out
No announcement about securing a low interest loan to pay for 5 years worth of
CEO salary with restaurant and franchising experience
the cost of accounting services
5 years of auditing and filing every year for next 5 years
Funn execs pretty much "stole" preferred and common shares to the tune of $3.5 mil?
Ben needs to let this be a corner turned with serious change going forward. Most here hold large positions and only add a handful here or there. We need new blood in here starting new positions. The ball has never been more in their court than now. Time to attract new investors and start/continue engagement. It should take little effort. Give Anias a 5k raise and start speaking toward investors. At least they tweeted the filing PR. That is a step in the right direction though it has next to no impact. Funny how that works. Takes simple continual efforts…..this should be a fun stock with excitement instead of what it currently is…..time to take 2023 serious Ben/Roger.
It does look like FUNN has turned the corner. Things will only get better especially with more locations. People should be buying at these levels. I'm maxed out but I'd be buying more if I wasn't !
Just think if snakes won in the tagie awards ! would be epic !
I like the direction FUNN is going. Long overdue but we're getting there. FUNN for the win!!!!
"Info"_Re:_Alleged_Strategic_Partner_Is_Underwhelming_Because_The_Claim Is_Untrue?
Just like 1/2 dozen to a dozen claims by FUNN were utterly untrue; and bordering on outright lies? Certainly incompetence and inability to execute is true; unless there were no intentions to execute.
Its been getting worked on for a long time. Hoping we're getting close to an announcement soon
Thanks for the post DFLY! Yes things are looking much nicer the financials are very clean and the business is ramping up and the revenues and everything is trending in the right direction. We’ll get there yet!
Focus forward!
$FUNN
we'll have to see what happens.
Its big as I can tell. Ive posted before on it
I’m sure this “strategic” partner may have a CEO they can lend us. Hope they get that finalized soon. There just seems to be an overwhelming lack of information/promotion by management for a reason. That reason is what I can’t work out unless it has to do with the strategic partner and our future.
How is ever increasing losses "moving in the right direction"? How is revenue being half of what it was pre-covid "moving in the right direction"?
I not sure what this company has to report and due to make the stock move. Their are very few pinkies with income like we have. Not profitable at the time but moving in the right direction.
I'm sure Roger appreciates all the help he can get. I would post the amazing restatement if I thought it was worth the time. The facts never seem to change anything at Amfil.
Just one example: Income from loan forgiveness changed upward by $938,981. These guys make it up as they go along.
.
.
we need news on the 2 new locations and strategic partner. I have my guesses on all of it ! We had a good ceo in Rogen and we can get one again
The Q4 restatement was not due to any numbers changeing. I just saw minor fixes like the company address, so meh...
$FUNN
Snakes is full of crap. The only way they can put lipstick on this pig is to compare revenue with a period when they were shut down.
Pathetic comes to mind until Snakes gets some REAL management.
.
they mentioned their mission is to have snakes "coast to coast".....come on East Coast USA
FUNN times ahead !!!
I think so too !
It says "net Income" dropped from $(39,589) to $(633,222) ....a 1,600% increase in losses for the quarter.
Yeah....great statement.....
.
next qtr should kick aask!!
longer hours for most locations = $$$$
FUNN times ahead !!
Pretty pathetic Financial report. Biggest Q loss in years.
The real interesting part is how they sneakily restated Q4/ 2022. We can't believe anything from their financial reporting.....And Management wants to get institutional investment? How laughable.
.
Next Q should be even better with the holiday parties and events !
Solid financial report. Simply outstanding and the path continues in the right direction.
This should quiet much of the silly nonsense.
See you at Snakes and Lattes.
Go FUNN!
YOOOO! GM FUNN FAMMERS!) Nice to see nums trending up nicely!
Havent posted in a while here on hub obv lol but wanted to say what upp to those who aren't on tweeter and ST.
Things are beginning to look up here...1st the business getting back on track out of the cv debacle now ONWARDS AND UPWARDS! Looking forward to this making that come back and COME UP that we been waiting on! Happy the company keeping at it and now seems like this is going to get interesting again soon. I will say it again...best subber opp out here in OTCland. Heck the MC is only 5 mil too lol. Looking forward to what haps next here and what the company does next. LETS GO!
Love it ! gotta keep it coming
Looks like management been getting things done! All those improvements making a nice difference in the revs.
Looking forward to the next update!
$FUNN
Nice Q! Revenues solid and locations getting it done! Closing the gap to profitability, and a couple more locations coming.
Great start for the fiscal year!
$FUNN
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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
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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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