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Dead horse with cash flow. Not quite dead
Ben might have learned to stop spewing nonsense. Haven't heard anything from him in months. I want those 2 new investors to announce their new locations. Then I may start adding but not now no way .
Unfortunately whispers of a partnership have been heard since Ben claimed the CEO role. It has been a year and a half. Our weak management/leadership simply miss most opportunities to execute and rarely follow through. I am sure that deal is toast but will still hear the string along song for many months to come.
Looks like they quit selling shares already ?
*****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
Team Black&Blue
AMFE/FUNN/FUNNQ
DOWN 96.9 PERCENT in five years.
BRUISING!! BLEEDING LOSSES
I didn't notice until after I posted but it was over a year ago.
GreenTeamPlow
·
Feb 14, 2021
$FUNN Chicago doing great all weekend! Love the reopening, yes it’s phases but it’s getting there. Next up Tucson, a new sweet location as Snakes and Lattes continues to expand! $PLAY nation!
Is Tucson adding another location or expanding. Going by the tweet ?
Yes, there is no denying the popularity of Snakes and Lattes locations. Unfortunately, the share price does not reflect the true potential of the company.
Next 2 more locations tba !!!
FUNN times ahead !!
Locations packed nightly with new extended hours. Go FUNN
Roger has sugar-plums dancing in his head....he believes they are his and nobody else can have them.....
....even though they are rotting while in his head.
.
Back then there was hopes and dreams and promises yet to be broken and proven false.
Now there are years of evidence of terrible management, repeated failures, and lack of promised audits and franchising which would’ve turned this into a legitimate company instead of the bumbling disappointment it has been proven to be.
Ben and Roger aren’t smart enough to get out of their own way and let someone with proven experience in this arena turn their millions of shares into millions of dollars. It’d be in their best interest and ours.
Plus Canada and Chicago its winter and cold out. Not many doing outdoor activities. Good for Snakes !
Very pleased the company is heading in the right direction. As the holiday season approaches, the locations will be very busy indeed.
$204_Worth_of_Shares_Trading_Hands_Today_Show_Almost_ZERO_Interest
hopefully, investors don't use forum post counts as a valid measurement of "interest".
How stupidAF would that be?
ROFLMAO
The share price can’t get much worse than it is now. I only see this moving up. It wont move up until Ben steps it up. Positive revenues and new openings are not having the desired effect on the SP. there is absolutely nothing wrong with this company, just a lack of spark to ignite it.
He says he does the financial statements.....So he knows this is a public company that has taken, and lost, $19M from investors....and that is why they are a public company.
Does Ben even know why companies go public?
There are two potential explanations for the poor performance of Snakes.
(1) . The concept is flawed
(2) . The management is flawed
I like the concept.
That’s a good answer! Our problem is still…………MANAGEMENT!
Let’s hope the strategic partnership that’s being touted comes with a new management team to oversee S&L
Here is your answer.
Does the company even know the stock price has dropped 95% in 5 years? What are you doing to get the stock to move up?
We don't control the OTC stock price day to day, and to influence it one either has to have true growth, which we are actively working on, or take on massive toxic financing and have the funders promote the stock. Taking such financing would ultimately spell demise for the company, as it has many time over for other companies in the OTC market. We will not take toxic financing. We will focus on company growth and achieving sustainable profitability, that in turn will bring value, more opportunities and vastly increase true stock price value over time. Clearly the pandemic has had a major set back in our plans. We are still recovering from it, but are thankful we are still here with all the energy and opportunity in front of us. Many small retails have simply vanished. We forge on, continuing on our mission of Snakes and Lattes coast to coast in North America.
Unfortunately like some others here, Ben feels the only way to get attention is toxic financing followed by promotion, or nothing at all. Social media is free to keep investors in the loop and draw attention…..it does NOT have to be a promotion. Instead of these long winded Q&A responses that were way way way over due for being addressed, keep us in the loop. Honesty goes a long way and calms the uncertainty. I can tolerate initiatives failing or being postponed, but our communication is terrible and after many years has not improved.
I think because management back then was putting out a ton of information and engaging investors. They got people excited and made it seem like a great place to invest... they were also riding some of the Marijuana legalization momentum.
These penny stocks generally run on momentum and this management team hasn't done anything to create excitement. Which imo is who stock price has plummeted and management gets criticized non stop...
You’re in the pinkie land no rhyme or reason
I’m struggling with the logic these days surrounding FUNN. Back when we had one fledgling restaurant, an ozone machine and a board game pseudo in production with hardly any revenue and we were sitting at ~.20cents. Today we we have 7 very successful restaurants in two countries that are booming with attendance and being in serious coin. Yet our share price remains stagnant near 1/2 a penny.
What am I missing? This is a damn no brainer for investors.
Have a great week FUNNer’s! Off to the gulf shores of Texas! #FUNN
Good News Bad News
The good news is that Tempe generated $700k for FY23Q1; and is projected to pull in ~$2.8 for FY23.
The bad news is that Tempe generated 40% of the revenues for all the cafes in operation.
Which means that the other 6 cafes are generating ~$166,666 per quarter - and all have negative net profits/losing $$$
That's very, very concerning.....especially since restaurants already bounced back about a year ago?
Guess those faux witness accounts are boolshyte??
IMO, FUNN needs to dump Provo, 2 Toronto cafes, and ChiTown.....if they are to be taken seriously in regards to making cafes positive net profitable.....and move towards selling franchises in the USA.
I think everyone would have been more impressed had FUNN execs published what the actual gross revenue was for each site, and not just for Tempe.
PLUS THEY FORGOT ALL ABOUT PROVO.
Glad To See Some #s Broken Down By Site
As suspected all 3 toronto cafes losing money.
Tucson is losing money.
ChiTown is losing money. slated to be EBITDA by FY23Q3? hmmmm..
Tempe is best producer.
Like I've said before, FUNN should close Provo and 1-2 Toronto cafes and ChiTown.
FUNNEE that they omitted provo.
Focus on turning Tempe, Tucson, and 1 Toronto cafe to being positive net profitable.
file audits. sell franchises in USA. Don't have to worry about finding seed money to open up more cafes.
where is Provo #s?
?? The weekend is here, and it's time to get our game on!
?? We have extended our hours to 2 am on Friday & Saturday nights! Come on by and join us for some fun
?? We're now open on Mondays! Explore our large selection of board games and have a great start to the week!
?Are you ready for it? It’s finally time for @taylorswift13 Trivia & Karaoke night! Bring your mastermind, and get ready for an enchanted night of trivia, karaoke, cocktails, and more! Hosted by your favourite Toronto TikToker @sarahjenkinsxo
Tickets: ow.ly/zX8X50LB3YA
Wow! We sold out in less than 24h!
Chicago! We have updated our hours! Check them out below ??
??Wednesday & Thursday: 5pm -10pm
??Friday: 5pm - 12am
??Saturday: 11am - 12am
??Sunday: 11am - 7pm
Heard Chicago had its best week ever and was sold out Fri and Sat with many holiday events booked. GO FUNN
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 !
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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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