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NEWS!!!!
🌈🐰Rainbow Bunny Bop is a quick, silly fast-paced game perfect for playing as an appetizer to the evening! Play colourful bunnies from your hand in ROYGBIV order to make delightful rainbows. pic.twitter.com/EAq1ifCevN
— Snakes & Lattes (@Snakesandlattes) December 7, 2022
Be great if there could be any trust backing that up. Seems this could have came from the lip service/“bs” department like many other claims.
The have 2 funded cafe's and another 2 in the works
Even their cooked books unaudited financials show this turd to be deeply insolvent.
This pennyscam could nott pay for an audit even if they wanted one, which they very clearly do nott.
Nobody would partner up unless their financials are audited.
*****Triple ZERO's coming here soon for FUNN -- what a bunch of incompetent people running this company
FUNN ??? NOPE !!!
ENOUGH SAID
6 months to a year before these slugs open another cafe imo.
Most likely we will get a PR soon detailing an idea that will never happen. It is par for the course under this leadership. Lip service experts.
Maybe it is all bullshit like the last 5 years, and there is nothing going on. New locations?? LMFAO. How are they going to pay for them?? With pickles and cheese?? Nope Ben ate it all. A new partner? They can't find anyone stupid enough to invest in this turd never mind a new partner, no one is that stupid.
And The Clownshow CONveniently forgot to mention this still UNPAID judgement:
AND the tax liens on TEMPE for unpaid state and Federal taxes.
And don't forget the subsequent silence on this:
How did DaMarket and shareholder-victims first learn that Glendale was a fail? We spotted the closure on the GassedHaus website!!
Yeah, it's called bankruptcy and The Clownshow, like always (NSI, KuKum, WalMart KTU PO that was cancelled, etc.) will nott infoirm DaMarket or shareholder-victims. It won't be known until me (or someone) sees the filing on PACER and posts the info here.
Just like with the TAX LIENS and unpaid FLAT RIVER GROUP court judgement.
The Clownshow does nott fess up. You have to find the info in the public records, court docs, and credit bureaus.
Not a single burger has been served/produced
Then, more than 2 YEARS later, The Clownshow claims NSI didn't happen.
We found ~OUTT about Ku-Kum because a person went there and took this pic and posted it:
I Wonder How Those Active Liens Are Doing?
Maybe theres more going on behind than they can mention !
Maybe Dodger needs more time off to rest up Ben-can run the show !
Shareholders of Amfil have lost $19M of their cash under the Dodger.
"Being worked on"
LOLOL!!! Yeah, like the audits, QB tier, St. Catharines dispensary, ILK spinoff shares, and ORLANDO, Charlotte, Denver, Las Vegas, Houston, Fort Collins, DC, Atlantic City, Waterloo, Kitchener, Hamilton, - ALL BULLSHIT that was "being worked on".
And the 10 Acre California grow site, greenhouses in Colombia, imaginary Gro3 showroom in London, ON, Blobb Loblaws, Mrs. Beasley's Burgers, VIP program, partnerships with RotoGro/Kalvara/VESSL/Blobb Loblaws - all BULLSHIT "being worked on: except ... it wasn't
Just more shinola from The Clownshow. Only a totally non-viable, brokeeass failed game-cafe - like GLENDALE, GUELPH, CHICAGO, PROVO would ever CONsider doing a transaction with these liars, failures, and hucksters. Nobody with any chance of success, no matter how remote, would ever touch Snakes & Lattes. It is a financial timebomb and business suicide.
These idiots cannot even make money plowing snow in Toronto!
Wait. lemme guess - they are gonna reopen GUELPH and try again for GLENDALE. LOLOL!!!
The Clownshow are pathologically liars and losers. How can they make $50? Give them $100!!
97.8 percent LOSS in just over 5 years - 0.235 to 0.005
.
i.e., just more bullshit from The Clownshow
Like this lie:
The Clownshow claimed they ACCOMPLISHED this - only it never happened. There never was any such showroom. EVER. It is a bald-faced LIE. One of sooooo many lies.
The only thing happening here is BANKRUPTCY. This turd is insolvent.
These were the assets back in 2017 - twice what current assets are:
Flat game cafe revenue
BLEEDING negative cash flow
OPERATING LOSSES
HUGE accumulated deficit
And DILUTION
Being worked on
Just a reminder that this turd is bleeding LOSSES every Q for at least 7 years running. Cafe revenue is flat and assets are shrinking while liabilities are increasing Liabilities are more than twice Assets (2.5x) and Accounts UnPayable are twice the quarterly gross game-cafe revenues. Huge OPERATING LOSSES and huge negative cash flow.
And nobuddy can assplain what this imaginary number means, what it represents, or how it is calculated - it is financing from nowhere - mebbe from _____Ben's butt:
AMFE/FUNN/FUNNQ is clearly insolvent and headed for bankruptcy very soon.
But wait, there is more - DILUTION in both common shares and the brutal supervoting CONvertible preferred shares which CONvert at 77.78 common shares per 1 preferred share.
Butt wait, there;s more - a shitload of CONvertible debt notes and also bank debt and tax liens and an unpaid court judgement.
Just a reminder for those that didn't see this last month
SNAKES & LATTES INC. Is Pleased to Report a 65% Increase in YOY Q1FY23 Revenue at $1,984,097, Up From $1,203,460 for Q1FY22, With Gross Profits Up 114% From $670,985 to $1,438,243
Press Release | 11/11/2022
TORONTO, ON, Nov. 11, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – SNAKES & LATTES INC. (OTC: FUNN) is pleased to report a 65% increase in year over year Q1FY23 revenue at $1,984,097, up from $1,203,460 for Q1FY22, with gross profits up 114% from $670,985 to $1,438,243.
We are pleased to report financials are trending in the right direction. Patronage has increased with the return of students, and have seen increases in per customer receipts.
Cash on hand at the end of the quarter was $33,440 with total assets of $3,844,156 over total liabilities of $8,990,180. The total outstanding common share count of the company is 758,849,876 as of September 30th, 2022.
Cost of goods sold remains in line with expectations, hovering around 25%.
As previously reported, we have been processing government subsidy loans incurred during the pandemic. We expect another $375,000 to be forgiven during Q2FY23.
Notable Highlights For Snakes & Lattes Locations (Q1 FY23):
‘College’ revenue up 115.52% this quarter from last year
‘Midtown’ revenue up 217.34% from last Q1 last year
‘Annex’ revenue up 147.91% from Q1 last year
‘Tempe’ is EBITDA positive for the 4th quarter in a row with $700k revenue in Q1
‘Tempe’ is on target for $3 million this FY with a net operating income over 5% even with the slower Summer period
‘Chicago’ Q1 saw a 36.84% increase over the previous quarter, this is a strong revenue improvement, trending to be EBITDA positive by Q3
‘Tucson’ saw revenues increase by 11.98% for the quarter and a particularly strong September with the return of students
Overall metrics have been improving as operational excellence initiatives and efficiencies are being actualized through a continuous flow of small improvements over time. While any singular change may not instantaneously move the needle, over time and in aggregate they collectively make a very significant impact. As we see more locations become EBITDA positive, we see the collective impact of our efforts.
Types of improvements we have implemented covering various aspects and areas of running the Snakes & Lattes locations:
Sourcing additional vendors for product stability and availability
Leveraging buying power by negotiating national contracts, discounts or fee reductions
Using technology for alerts when product purchases go above a price threshold. We use specialized software to help keep an eye on tedious pricing changes and profitability.
Utilizing online menus for easy pricing adaptability for menu adjustments
Allowing guests to place their own food and drink orders, freeing staff to focus on the customer experience and less on transactions with less labor
Pre-selling tickets for special events, allowing for better cash flow and labor forecasting
“The first quarter of the new fiscal year was a great start overall. The changes we have made over the past couple of years is paying off in markedly increased revenues per customer. As patronage continues to rise back towards pre-covid customer levels, it puts us on track for our financial goals,” said Snakes & Lattes Inc. Founder, Ben Castanie.
Ben continued, “For the first time since the pandemic, all the Canadian locations were EBITDA positive. The rise and trend in our metrics are very motivating. We do note the PPP loans and other subsidies are impacting the P&L read, but this should stop after Q2.”
Looking forward:
As we move to the busy holiday season, we are quite optimistic for a great quarter with all locations open full-time. Fiscal Year 2023 is looking to be a great growth year.
Locations have been booking holiday corporate and private events
We are receiving excellent industry recognition at the annual TAGIE awards in November
The company continues to work on other promising initiatives, which in turn are expected to continue to impact positively on the yearly aggregate growth. Details will be released on new initiatives and/or locations as milestone information becomes available.
As always, a big thank you to all our supporters and loyal customers, we continue to serve in honor to create the best possible experience for our patrons. The future of Snakes and Lattes is very bright as we continue to add on new locations, take on lucrative strategic partnerships and build our brand. Creating memorable, quality human interactive experiences keeps us going, and at all times we keep the mission of ‘Snakes and Lattes locations coast to coast’ at the forefront of our strategy.
See you at Snakes & Lattes!
My reply was to this part of your post:
"For Ben to actually execute something. He hasn’t done hardly anything for this company this entire year"
It has nothing to do with ROGEN.
_____Ben did do some things this year:
Glendale and Guelph (closed)
Mrs. Beasley's Burgers (zero burgers produced)
Anais (rescued from unemployment in France) - for what reason? Well, you decide.
Sleeping
Eating
Menu revising and re-revising until all the food is gone.
And, most importantly, running up another 12 munffs of endless, never-ending, continual OPERATING LOSSES.
Give ______Ben some credit (nott crudites) because he Shirley has ruined SnL's credit.
Tax liens, unpaid court judgenment, HUGE Accounts UNPayable, Liabilities 2.5x Assets. Insolvency.
Another of his famous cash flow bind prollems.
Ben just wanting support for his next BS idea never executed..
From February 2022…”I want your support.
I'm giving myself a couple months to convince you that we can create value with the stock”
Ben is destroying any trust as well as interest with his weak style of operation. Need someone to execute instead of BS and sucker people in.
X2 Shaun! Well said!
What??? It’s all true…..none of this crap was Rogens fault. Reread post. Guelph,Glendale, Beast burger, and Anias had little to anything to do with Rogen. He was cleaning up sloppy leadership mess as fast as he could in 6 months.
So then _____Ben should be revising the menus again.
THAT is something he is willing to do.
Nott true! What about Glendale and Guelph?
And the fabulous Mrs Beasley's Burgers?
Plus the Blobb Loblaw's site was looking pretty cool - that was a genius-level strong partnership.
Plus he brought Anais to Canada plucking her from a dead-end unemployment in France. She might serve as ____Ben's psychological replacement for the founder of SnL, AURELIA PEYNOT who dumped _____Ben (and his cash-flow bind mismanaged SnL) and fled back to France.
For the “popularity” of the cafe the leadership has wasted years of free exposure via free social media. All it takes is a slight variance from menus and people pics to bring it in. Not sure if you can put more peeps into an already full cafe so…..time for focus shift to open more locations…..right?
Sooooooo
FIND INVESTORS and quit being an idiot management!!!
Stock holders are potential location investors too. We know they have reached out before so why waste the opportunity? Communicate!!
For Ben to actually execute something. He hasn’t done hardly anything for this company this entire year except PR initiatives he never followed through with other than excuses and wasted time and resources. “Another” year of weak leadership.
We would be in such a better position with Rogen in charge I am positive on that.
Time to hire a CEO before the investors are completely destroyed.
This stock is a rare gem where losing 95% means this has been a great investment.
And by rare, I mean just about every pinky out there.
Waiting for the bankruptcy petition to hit PACER.
Load up what you guy’s waiting on Christmas?
I’m pretty sure they will get them to Walmart if not this Christmas maybe next year Roger and Ben don’t give up easy !they maybe called Dodger& Dover but that’s just for Funn , load up price is going up !
buy buy buy
such a deal !!
Yes they are and good things coming !
FUNN is in a much stronger position now than previously.
Up 106 percent on weak volume and drew 0 attention…..No surprise…..
Load up this is a gold mine stock!
Does anyone think if we could door dash some Beast Burgers to Ben probably from their next door store front it would motivate him to accomplish something this year?
No more takers??? Plenty of these worthless shares at .006 available if anyone has the confidence in these idiots that are going to collapse this holding.
So much for the cheapee talk and the I’ll buy em all.
I like how peeps call anyone who sells a dumb mofo lol. More like clueless management is the mofo or maybe the ones who keep holding and buying under current leadership is the mofo.
Always a boogeyman or a mofo seller. Never weak support and efforts from horrible fake interim CEO’s who cannot find a new REAL CEO because they DONT LOOK FOR ONE. Time for more efforts Benny!
AND…….
Time for Amfil management replacement.
Well, when you have low volume and someone decides to unoad that many shares at end of the day, this is what we get. Nevertheless, I only bought what I could risk knowing full well that this has always been a lotto play.
Waiting patiently to see what eventually transpires in the long run...
$FUNN
Yeah it’s like no one here has seen/experienced a tree shake, if that’s what is was.
My biggest gains in the OTC have followed bizarre, unnerving drops.
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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
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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