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I agree we need more exposure but the report was posted on OTC market FUNN.
So funny....so people who don't believe the market cap will go to $54M need to go?
A shining example of a typical pinky.
Refrickendiculous and in vain. If there is no company support, there is NO support or reason to put forth the effort. How long has this been done and returned nill and void. We need to get fricken rid of Ben and Roger and hire a real leader for this company. That IS the option or we spin wheels here forever. They are the weakest link and blind to how to take this company to another level. Failed audits, failed exposure equals penny stock weak interest forever. Oh and check the rest of the failures…..they are great at that. Where was our representation today???? Just like every other time, nonexistent.
That "choice" has been here since $0.20 and many still believe in this pretend management. Others are sickened by it.
Yes....hilarious it is indeed. The idea that a small cafe with little hard assets and posting continuous losses is worth $8M has me roflmao.
They do need an investor relations person.
Yes it is! #FUNN
I agree with you on this. I would have screamed the TAGIE win from the roof tops. The institutional investor had a very small amount of shares. If I remember right, it was around the 60,000 range. #FUNN
Try posting it on other non-stock specific boards! I did! If the company won’t help, be proactive! #FUNN
Time for deadbeat management to create an investor pulse…..buying and interest could be so much higher. No Pom Pom shaking. Seems they do leak insider info though….
Only thing that's gonna move this stock is a partnership announcement. IMO
upwards of ¢.04. Still a steal at that price
Boom….now 25 posts for the day. Let’s smash the boards. Your welcome ;)
I would thing after the TAGIE award Ben would step the game up trying to draw more attention instead of just going through a motion. We USED to have institutional investors, seems that attention is no longer wanted. Seems the same for retail attention. How long will weak leadership fail this companies potential? Another 6 years? Ask Ben if you have the insider privilege.
I like how here and stock twits the PR is posted for us who have already seen see it again…..the COMPANY needs to move the news. Come on TAGIE award winner step it up!
I sent a message to their Twitter…..crickets. These fools are just that.
Agree, Shawn, while I did think the PR was positive and that the company is certainly on the right track and way undervalued, I am gobsmacked why there is ZERO effort out towards growing investor confidence. Imagine the valuation and if Ben solicited new investors and got this upwards of ¢.04. Still a steal at that price but the company would have some serious momentum behind it for future expansion.
Hell no without the exposure. Without new blood this will continue downward or stagnate at these levels. Time to direct some attention toward investors instead of away from them. Sky is the limit but it seems they cannot see over the eclipse of the belly of Lazy weak leadership. How far did todays PR reach? Could be further with consistent updates and the utilization of FREE SOCIAL MEDIA to increase company exposure. Nice job Ben still waiting on the NEW Twitter channel that at least tweets company PR’s that y’all pay for.
They excluded the pivot to never expose the company toward investors. They erased basic communication, threw away the Twitter channel directed toward investors, made multiple claims communication would improve, even claimed a new Twitter channel was coming, failed to even Tweet or release todays PR on any social media platform, so nothing really matters as a retail investor. Big claps for WASTING another opportunity. If one has Bens ear, slap some sense into it. Glad the entire year was not spent on menu’s but also on PR’s that reach nobody but the old crowd. It isn’t rocket science but these idiots will never get the importance of simple measures. Unaudited BS and claims mean little especially when the efforts that are soooo simple are never utilized.
Need a new CEO. Ben and Roger are idiots.
Yes sir Russ! Doesn't rising revenues raise all boats? #FUNN
Very pleased with the 2022 recap. Solidifies the company is moving in the right direction with increased revenues AND planned expansion.
FUNN is way undervalued and should be in the multiples from where it is now.
After two quarters in FY 2023, Snakes & Lattes can give guidance to shareholders that the company does anticipate another significant increase in revenues for FY 2023 ending June 30th, 2023.
I think around $10M for the year
More bullshit. EBITDA was NEGATIVE $406,855 last quarter.
..the locations are EBITDA positive
....the company can turn profitable this year.
I think this is by far the best and most important line in the PR:
After two quarters in FY 2023, Snakes & Lattes can give guidance to shareholders that the company does anticipate another significant increase in revenues for FY 2023 ending June 30th, 2023.
This is great, the locations are EBITDA positive and the company can turn profitable this year.
Looking forward to the next update!
$FUNN
Snakes & Lattes Inc. Provides Shareholders With a 2022 Year End Summary as Well as a Glimpse Ahead & Some Guidance for 2023
Press Release | 01/17/2023
TORONTO, ON, Jan. 17, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Snakes & Lattes Inc. (OTC: FUNN) takes a look back at 2022 and will briefly touch on a few items that are in store for 2023.
2022 was a pivotal year for Snakes & Lattes Inc. Most significant is the continued upward trend in revenue generation. The entire calendar year consistently beat 2021 in quarter to quarter comparison with overall revenues up over 200% for the 2021-2022 Fiscal Year (FY) which runs July to June.
Coming off an extremely challenging past few years for the restaurant and entertainment industry; the company posted approximately $2M for FY 2021 and approximately $6M FY 2022. (Despite All Toronto locations being closed all of Jan and most of Feb 2022)
After two quarters in FY 2023, Snakes & Lattes can give guidance to shareholders that the company does anticipate another significant increase in revenues for FY 2023 ending June 30th, 2023.
A couple of highlights:
2022 was a banner year for our Tempe location. Tempe broke all historical records for the company; bringing in over $3M for calendar 2022.
Special events and programming throughout all venues took a massive upswing this year and almost every event hosted was sold out across all venues.
The company issued $150,000 USD in convertible notes throughout the entirety of 2021 at a fixed price of .015 and raised $0 in convertible notes throughout all of 2022. The public float of the company (cumulative from inception in 1985 with no recapitalizations in its history) is currently 509,071,305 as of January 2023 and was 490,400,624 as of December 2021.
As the company has seen a nice return in patronage and increasing revenues, the value of the implemented cost improvement measures allows higher margins to be secured. While the pandemic had a major impact on the company and industry in general, it also created focus. From this focus, a better experience for the customer has been created. In turn, a higher dollar average amount for customer invoices. This focus also created a pathway to profitability for which many of our locations are now achieving. Where we cannot see the path, we make the decision to divest ourselves of unprofitable ventures. We saw this with the Guelph location and made the decision to close in September of 2022. The company expects to replace the Guelph location with at least one newer and better location this year. The other three locations inside Toronto are trending well, EBITDA positive, and expected to continue on an upward trajectory.
One of the major highlights for Snakes & Lattes in 2022 was winning the annual TAGIE awards held in Chicago. Winning the ‘Most Innovative Retailer’ category up against other industry giants such as Disney (Star Wars), Barnes and Noble, F.A.O. Schwarz, and Hasbro Pulse. The TAGIE awards, (Toy And Game International Excellence Awards) founded in 2008, and presented by People of Play (POP) is a prestigious international event that, being in its 15th year and part of POP Week, brought in over 30,000 people from 115 countries. This event honors the best and brightest innovators, designers, retailers, suppliers and marketers in the toy and game industry.
The conference and award ceremony once again brought Snakes & Lattes Inc. into the light with many industry key people, and the networking and contacts that came from it will be invaluable going forward. In 2021, LEGO took the category, but this year, Snakes & Lattes proudly cemented itself as the winner of the Most Innovative Retailer of 2022.
“2022 was a pivotal year for Snakes & Lattes. We have gotten past the pandemic era and are beginning to thrive again. Fiscal year 2023 will be three straight years of solid revenue growth. We are doing so in a more efficient and focused manner. The TAGIE award was a huge honor for us, and will lead to great opportunities in the future. We still have a number of locations we are looking at, as well as the funding to open them, all the while keeping minimal dilution to the company and shareholders in mind. We are being careful in finding the right location to maximize the chances of success. We need to easily see the profitability potential for the location prior to investing time, effort and money into it. However we have some targets that are currently being negotiated and worked on,” said Snakes & Lattes Inc. Founder Ben Castanie.
We are still working towards securing the 2 new locations which are already fully funded on friendly terms to the company amongst many other exciting things. News will be made available once either an LOI or Definitive Agreement has been signed.
There have been a number of ongoing projects that the company intends to provide status updates on throughout 2023 as milestones and completions are accomplished.
As always, a big thank you to all our supporters, loyal customers and dedicated staff. We continue to serve in honor to create the best possible experience for our patrons. The future of Snakes and Lattes looks bright as we continue to improve, add on new locations, take on lucrative strategic partnerships and build our brand. Creating memorable and 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!
About Snakes & Lattes Inc.
Snakes & Lattes Inc. currently operates 7 tabletop gaming bars and cafes: 3 located in Toronto, Ontario, Canada, 1 in Tempe, Arizona, 1 in Tucson, Arizona, 1 in Provo, Utah, and 1 in Chicago, Illinois. The company is in the process of expanding throughout North America. Snakes & Lattes Inc. was the first board game bar and cafe in North America, and is believed to be the largest in the world. Our board game cafes have the largest circulating public library of board games in North America for customers to choose from.
For more information on Snakes & Lattes Inc., please visit the website at: www.snakesandlattes.com.
For further updates from Snakes & Lattes Inc., please follow us on Twitter @SnakesandLattes.
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's OTC Market or Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should,", "will", "expect," "anticipate," "believe," "estimate," "confident," "intend," "plan" and other similar expressions. Our actual results, such as the Company's ability to finance, complete and consolidate acquisition of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact:
Ben Castanie
Snakes & Lattes Inc.
Telephone: (416) 500-2911
Email: ben@snakesandlattes.com
Yep....more revenues than when shut down......and far more losses than when shut down. Sure miss those guvmint handouts, but they are over.
2022 was a pivotal year for Snakes & Lattes Inc. Most significant is the continued upward trend in revenue generation. The entire calendar year consistently beat 2021 in quarter to quarter comparison with overall revenues up over 200% for the 2021-2022 Fiscal Year (FY) which runs July to June.
That PR was just another Mr Beast nothingburger..
I like this post…..
“where are new
investors coming from??? even if
there are PRs how will somebody
unaware of SFUNN become
aware??? just because of a pr??? I
don't understand…peeps that
have been bot in then sold won't
buy back until a major investor
comes in…how do major investors
look for companies to invest...
usually do a scan on implicit
valuation, otcmarkets has there
own types of scans….”
Seems this poster and management have something in common……over looking the simplicity of social media and maximizing PR releases. Heck peeps may retweet and repost the messages (IF THEY EXISTED) seems many companies DO this, but not FUNN.
Wake up idiotic management who waste endless opportunities to spread the message of the pubco side of the company! Heck it is FREEEE!!!
Point to the facts being referred to. Until locations actually open it is all just hopes and dreams. Fact check the past PR’s and see why people are skeptical on the things they say. Numbers could also be way off just like before.
And what have i been saying some said BS
Be nice if the company would post the news on social media so it can be linked. Looks better, like they are trying to reach shareholders.
Would be helpful if all of us spread the news here letting people know we have a penny stock with millions in revenues...
S&L needs more Tempe's and a "lucrative partnership". Tempe alone makes up half of the revenues.
https://www.globenewswire.com/news-release/2023/01/17/2589909/0/en/Snakes-Lattes-Inc-Provides-Shareholders-With-a-2022-Year-End-Summary-as-Well-as-a-Glimpse-Ahead-Some-Guidance-for-2023.html
Snakes & Lattes Inc. Provides Shareholders With a 2022 Year End Summary as Well as a Glimpse Ahead & Some Guidance for 2023
January 17, 2023 08:00 ET| Source: Snakes & Lattes, Inc.
TORONTO, ON, Jan. 17, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Snakes & Lattes Inc. (OTC: FUNN) takes a look back at 2022 and will briefly touch on a few items that are in store for 2023.
2022 was a pivotal year for Snakes & Lattes Inc. Most significant is the continued upward trend in revenue generation. The entire calendar year consistently beat 2021 in quarter to quarter comparison with overall revenues up over 200% for the 2021-2022 Fiscal Year (FY) which runs July to June.
Coming off an extremely challenging past few years for the restaurant and entertainment industry; the company posted approximately $2M for FY 2021 and approximately $6M FY 2022. (Despite All Toronto locations being closed all of Jan and most of Feb 2022)
After two quarters in FY 2023, Snakes & Lattes can give guidance to shareholders that the company does anticipate another significant increase in revenues for FY 2023 ending June 30th, 2023.
A couple of highlights:
* 2022 was a banner year for our Tempe location. Tempe broke all historical records for the company; bringing in over $3M for calendar 2022.
* Special events and programming throughout all venues took a massive upswing this year and almost every event hosted was sold out across all venues.
The company issued $150,000 USD in convertible notes throughout the entirety of 2021 at a fixed price of .015 and raised $0 in convertible notes throughout all of 2022. The public float of the company (cumulative from inception in 1985 with no recapitalizations in its history) is currently 509,071,305 as of January 2023 and was 490,400,624 as of December 2021.
As the company has seen a nice return in patronage and increasing revenues, the value of the implemented cost improvement measures allows higher margins to be secured. While the pandemic had a major impact on the company and industry in general, it also created focus. From this focus, a better experience for the customer has been created. In turn, a higher dollar average amount for customer invoices. This focus also created a pathway to profitability for which many of our locations are now achieving. Where we cannot see the path, we make the decision to divest ourselves of unprofitable ventures. We saw this with the Guelph location and made the decision to close in September of 2022. The company expects to replace the Guelph location with at least one newer and better location this year. The other three locations inside Toronto are trending well, EBITDA positive, and expected to continue on an upward trajectory.
One of the major highlights for Snakes & Lattes in 2022 was winning the annual TAGIE awards held in Chicago. Winning the ‘Most Innovative Retailer’ category up against other industry giants such as Disney (Star Wars), Barnes and Noble, F.A.O. Schwarz, and Hasbro Pulse. The TAGIE awards, (Toy And Game International Excellence Awards) founded in 2008, and presented by People of Play (POP) is a prestigious international event that, being in its 15th year and part of POP Week, brought in over 30,000 people from 115 countries. This event honors the best and brightest innovators, designers, retailers, suppliers and marketers in the toy and game industry.
The conference and award ceremony once again brought Snakes & Lattes Inc. into the light with many industry key people, and the networking and contacts that came from it will be invaluable going forward. In 2021, LEGO took the category, but this year, Snakes & Lattes proudly cemented itself as the winner of the Most Innovative Retailer of 2022.
“2022 was a pivotal year for Snakes & Lattes. We have gotten past the pandemic era and are beginning to thrive again. Fiscal year 2023 will be three straight years of solid revenue growth. We are doing so in a more efficient and focused manner. The TAGIE award was a huge honor for us, and will lead to great opportunities in the future. We still have a number of locations we are looking at, as well as the funding to open them, all the while keeping minimal dilution to the company and shareholders in mind. We are being careful in finding the right location to maximize the chances of success. We need to easily see the profitability potential for the location prior to investing time, effort and money into it. However we have some targets that are currently being negotiated and worked on,” said Snakes & Lattes Inc. Founder Ben Castanie.
We are still working towards securing the 2 new locations which are already fully funded on friendly terms to the company amongst many other exciting things. News will be made available once either an LOI or Definitive Agreement has been signed.
There have been a number of ongoing projects that the company intends to provide status updates on throughout 2023 as milestones and completions are accomplished.
As always, a big thank you to all our supporters, loyal customers and dedicated staff. We continue to serve in honor to create the best possible experience for our patrons. The future of Snakes and Lattes looks bright as we continue to improve, add on new locations, take on lucrative strategic partnerships and build our brand. Creating memorable and 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!
About Snakes & Lattes Inc.
Snakes & Lattes Inc. currently operates 7 tabletop gaming bars and cafes: 3 located in Toronto, Ontario, Canada, 1 in Tempe, Arizona, 1 in Tucson, Arizona, 1 in Provo, Utah, and 1 in Chicago, Illinois. The company is in the process of expanding throughout North America. Snakes & Lattes Inc. was the first board game bar and cafe in North America, and is believed to be the largest in the world. Our board game cafes have the largest circulating public library of board games in North America for customers to choose from.
For more information on Snakes & Lattes Inc., please visit the website at: www.snakesandlattes.com.
For further updates from Snakes & Lattes Inc., please follow us on Twitter @SnakesandLattes.
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's OTC Market or Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should,", "will", "expect," "anticipate," "believe," "estimate," "confident," "intend," "plan" and other similar expressions. Our actual results, such as the Company's ability to finance, complete and consolidate acquisition of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact:
Ben Castanie
Snakes & Lattes Inc.
Telephone: (416) 500-2911
Email: ben@snakesandlattes.com
$FUNN
31-14 GONE Bucs
AMFE/FUNN/FUNNQ to also be GONE. Nuffin leff butt wait for the bankruptcy petition to show up on PACER for this deeeply insolvent turd buried in debt, unpaid bills, tax liens, and unpaid court judgement.
That’s some funny stuff!
Can Ben release news on a Tuesday? Seems to be against the Wednesday’s night Thursday morning only routine and not sure it’s ever happened on a short week. Let’s see if it’s more smoke like usual as it seems hard to believe. If so let’s hope it is more exciting than an extremely overdue name change some seem to be hyper excited about. That is not big news but should be year plus old news. Let’s see if Ben can deliver “big” news. Deep DD reveals it is usually lacking substance so no need to get over excited just yet. Let’s hope the secrets management has been passing to certain individuals is truly “DEEP!” Time will tell.
....and the hole just keeps getting deeper, right?
This company needs REAL management, not an endless stream of platitudes.
It would be a miracle if something they say had any truth. Hopefully some day.
Stay off the soft spinach. Most nothing he has said bore any truth. So deep!
Mr. Beast has said that he may IPO Feastables and Beast Burgers so "you guys can share in the growth."
Shwing and miss opportunity for FUNN to tango with MR Beast!
Are you kidding us ?
Well...that explains the buying earlier this week. So it seems Ben thinks that is enough time to allow for a trading advantage to his family and friends, so he will let the rest of us know now?
.
Your getting me all giddy for Taco-Tuesday. Hope Ben comes through! We need shot in the investor arm.
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..
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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
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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.
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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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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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