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True statements, according to public disclosures.
Closing those two cafes in early/mid September probably helped stop some bleeding or at the very least it cut off dead weight.
I’m looking forward to the next financials that reflect closing down the two cafés. .
Yaaaay DILUTION Likely Coming For CY2023 HAPPY HOLIDAYS!!!!!
DILUTION_and_PPS_EROSION_will_Occur_If_FUNN_Actually_Has_Acquisition_of_Bankrupt_Cafe_In_The_Works_Since_FUNN_Will_Have_To_Authorize_Shares_and_DILUTE_Minority_SH_Value
Sad.....
More Likely 0 Cafes Coming For CY2023 Here's Why
FUNN has no cash or common shares to give to any potential suitor.
FUNN is unable to secure any low interest small business loans due to active liens
Noone who is in their right mind would strike a deal with existing FUNN execs when they realize
that they have demonstrated that they don;t know how to run a restaurant, and don't know how to run
and operate a publishing company, distribution company, MJ company, Gro3 equipment company.
But hey, dey got shoveling and pavers down pat.....lol
Look at their tweet on the alleged 2 funded cafes that are allegedly pending closing SINCE 2021 - ROFLMAO
GROWTH VIA TAKING OVER BANKRUPT CAFES IS A BAD BUSINESS MODEL BECAUSE FUNN HAS NEVER BROUGHT A COMPANY OUT OF BANKRUPTCY TO POSITIVE NET PROFITABILITY - EVER.
Guelph is an example. Now shut down.
LA never happened.
Provo will likely be next. Alcohol is the biggest contributor for revenue and moving towards positive net profitability. IMO, StupidAF to operate a restaurant in A DRY TOWN.
If FUNN is truly interested in moving cafes to positive net profitability, they will likely need to CLOSE Provo, ChiTown, and two Toronto cafes.
oh, and get rid of their active liens by paying the $$ that they owe. When do the monthly payments end??2032??? ???? RFLMAO How much do they owe? What were the IRS penalty amount? No positive net profits for Tempe and Tucson any time soon.
Actually_Wrong_Again_Cafe_Revs_Neutral_Negative_Net_Losses_ARE_GROWING
About $200,000 "gain" in other income from PPP Loans - WHICH CANADIAN AND USA TAXPAYERS HAD TO PAY TO DIG OUT FUNN.
Still operating at a loss. Cumulative losses ARE GROWING
THE NEGATIVE NET LOSSES SURE ARE GROWING
THE ACTIVE LIENS ARE REAL ENOUGH
FUNN needs to close Provo, ChiTown, and two toronto cafes; if they are serious about moving cafes to being positive net profitability.
I think so too Russ !
Correct, Plowmaster. Increased revenues doing quite nicely indeed. The addition of new 2023 locations will enhance revenue streams significantly.
Ummm ... this turd is insolvent and has never been bleeding OPERATING LOSSES and NEGATIVE CASH FLOW as badly as it is now.
From the last Q:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170629334
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170544031
Any competent auditor would see immediately that this turd is wildly insolvent and would have to render that opinion. Plus they would also have to advise regulatory authorities if that has not been disclosed by management, which it has not been.
Therefore The Clownshow will never agree to an audit even if a shareholder-victim offered to pay for it.
This turd is BANKRUPT. Grossly insolvent. Buried in unserviceable debt/unpaid bills and crushing liabilities that are 2.5x assets.
AMFE/FUNN/FUNN.Q is a dead turd swirling in the bowl.
This turd is bankrupt all butt the filing.
Happy Holidays to you and your family. Pinch.
Yeah, I'm comfortable in the direction of the company. Been a long haul for sure.
Revenues are booked at a solid pace and my projection of $10 million revenue I think will meet or exceed that.
Honestly, FUNN is in the best position in a long time. IMO
LOL! I am shure that will reassure many AMFE/FUNN/FUNNQ shareholder-victims who are DOWN 98.0 percent in five years.
Were you also confident in 2018, 2019, 2020, 2021, and 2022?
I hope so Russ. Happy Hoidays !
I'm very confident 2023 will be a very successful year. Significant increased revenues (projected $10 million +), at least 2 additional locations and significant higher shareprice.
2023 will be the "Year of FUNN".
Go FUNN!!!!
BULLISH
I concur, revenues trending nicely, location becoming positive cash flow and more opportunities abound.
$FUNN
Yet losses increasing......Mortimer math at work I guess.
FUNN times ahead
revenues increasing
liabilities decreasing
record revenues forthcoming, new locations I'd be a buyer if I was a newbie here.
No auditor would sign an opinion for AMFE/FUNN/FUNNQ as it is ridiculously deeply insolvent.
Any potential auditor could not certify this turd as a going CONcern, nott even with the standard going CONcern warning in an annual report. It is currently insolvent and nuffin butt a pre-filing bankrupt entity. A going CONcern warning in an annual report is for an entity that is at risk of becoming insolvent. AMFE/FUNN/FUNNQ is already past that point - it is currently insolvent.
Or Audited financial statement would prove to every one that we are bleeding out
Roger could pay for audit but he doesn't want to spend his money. He has already spent our money
Solid year of very little developments and communication. Not sure where Ben plans to gain investors. Next to nobody knows about this company being public and the ones who do have been averaging down down down for years waiting for them to get their acts together and at least deliver on the things they say. Talk about stagnate money descending further with all the missed execution and opportunities.
Year end review, 2023 forecast would be great to see.
I cannot stress enough, FUNN is on the right track, management is just derailed. Top Toys for Adults see image below.
Hopefully we see a return of Rogers year end in review and outlook for 2023. Wishful thinking?
https://ibb.co/hC9P3hM
This insolvent turd can't even afford a lump of coal and a piece of wood.
No face Dodger is probably going to finally give us that shareholder party for Christmas this year still waiting on it and Dovers probably packing stockings with left over ktu boxes and coal! Merry Christmas to all!
*****Triple ZERO's coming here soon for FUNN -- what a bunch of incompetent people running this company
FUNN ??? NOPE !!!
ENOUGH SAID
Same to you and your family. Hope you enjoy time with loved ones...
$FUNN
audited fins are held up by the unaudited bullshit fins this turd is putting out. No accounting firm wants to touch this train wreck. You need to look at all the pr's and tweets this pos has put out over the last 5 years and the current valuation and share price will make alot more sense.
Hi DFLY nice to see you here :))
I think it is only a matter of time before something significant happens with this company. 800M AS and seven apparently successful boardgame cafes (they appear to be from reviews :)) and probably around 170 employees but a market cap of $2.7M?!
After watching this the last couple of years I just realized I failed to notice 210 employees listed as of last May on OTCMarkets.com. Given that number is probably lower now that they are down to 7 cafes, presumably after cutting some dead weight (*according to latest financials - as of late September it looks like both of the recently closed cafes were officially offline by the 22nd), I am left wondering how much of a disconnect exists between the market cap of $2.7 and a unique and apparently successful business model.
It isn't surprising to me that them winning the TAGIE award wouldn't propel this anywhere since I also think the float is oddly locked up at a much higher SP. This is due to many on this board over time revealing or hinting at large "all in" positions and thinking, but from a time long ago when the SP was much higher.
I suppose disconnects like this only happen in the pinks and when company's do not or are not willing to put out audited financials. So my question for the board is: what is holding up the audited financials at this point?
Some bankruptcy lawyer will have a busy, if nott happy, New Year due to AMFE/FUNN/FUNNQ.
I can't imagine having to deal with _____Ben and his financial chaos and shitty records non-keeping will be anything butt misery. Ole Manny T. at RBSM had to spend 10 daze sweating ____Ben to cough-up info for the only audit this turd ever did. And that audit showed that ____Ben had cooked - indeed burnt - DaBooks and they had to be totally redone.
Butt at least the bankruptcy lawyer will get to bill all that wasted time.
No doubt that _____Ben will blame QuickBooks, just as he blamed al the other accountants (this turd goes thru a new accounting firm and law firm every year - because it is a scam).
This turd is insolvent as all gett~OUTT..
Merry Christmas, hope you all have a FUNN season and new year !
Merry. Christmas!
Probably the best strategy. Phone calls only to the faithful sells the most shares. Because nobody else believes him anyway.
Axe Rogerinocchio how ORLANDO is doing these daze. And Waterloo, Charlotte, Fort Collins, DC, Denver, Hamilton, Kitchener, Houston, Atlantic City, Las Vegas, etc.
... and the 10 Acre California Grow Site, Colombian weed greenhouses, NSI, Tokin DIspensaries, St. Catharines, RotoGro, Kalvara, VESSL, etc.
Dude is completely, totally, thoroughly full of shit at all times.
LOL!! OK, so pure bullshit then. Got it.
Pump? They don't even provide updates when we beg, let alone pump.
Doesn't wanna pump??? Are you kidding me??? That's all this POS does is pump and pump and never produce. LMFAO at that total bullshit. Time to face the facts, this is toast
Interesting….sounds like he already did.
Doesn't wanna pump before it happens for sure is my guess
It’s great he could send a solo pump your way and never address all investors. Which rock did he crawl out from under? Love the inside info!!!
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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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