Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Tax loss selling in Canada is starting early this year.
Was Guelph "opening" for longer then it was open?
Don't you remember the story that it was taking so long because they were fixing the exhaust so the could smash through and make the place bigger?
(No one could believe that they had purchase a small non-profitable operation so far from their centre of operations).
Where are failures in operational readiness and logistics playing out today in the news? How is that working out?
ie.
- celebrating revenues (hiding costs) and keeping silent on profits
- celebrate the opening of new locations without protecting the ones that you have
- spreading your resource power too thin
- getting involved in senseless battles - zero profit business lines
- putting incompetent generals in place
- partnering with mercenaries
- abandoning your supporters
- poor communications and direction
Bullshit, this turd is drowning in debt, and the hole is way to deep to climb out of, if you listen you can hear the death rattle,
Staring to agree some of the post here.
$FUNN is a PINKSHEET!!! NOT BIG board...totally different...when revs come in, $$$ will be available for Admin expansion...pre-IPO companies take many years to go public...OTC is the same as pre-IPO companies...I don't expect $FUNN to have the same structure as a bigboard company...first thing first is building the damn company...then filling in key positions when there's financial justification...
*****Real companies have a fiduciary duty to their shareholders -( guess that leaves FUNN out )
CASE CLOSED
Eight going on ten.......and then there were six.
The issue is that this management can't do even a remedial job.
Volume is picking up was zero couple days probably Dover And Dodger. Will be buying shares !
Where is the new Twitter channel spoke of a month ago?
Complete Idiots with the worst follow through ever!
VWAP= $ 0.006029 Total$Volume= $ 11,344
Think I'm going to pick up some pot at a Funn dispensary that was grown using the Funn gro-3 system, then head to Walmart and buy some Funn games, then stop by Snakes for a beast burger, if it's still open for business. ROFLMFAO The failures keep piling up, year after year. Share price now at .0066, time to load up on those cheapies. Funn times? NOPE
Bunkey, I don't think the issue is the cafes themselves. Most have survived and that's great. The issue is that management neglects shareholders and managing the public aspect of the company. And not just a little neglectful, but almost completely ignores us and the stock... share price says it all.
They act like they can only do one or the other, but that's just crazy. If they just allotted a few hours per week to the stock, it would do wonders. But alas they do nothing... they run it as if they have no shareholders to answer to. In the end, they have no business running a public company imo, and I think we're up the creek until we get management that understands it...
"Sometimes things don't work out." That has been the story for Funn for the last 5 years.
Sometimes things don't work out.
$FUNN
Yeah right....yet another succinct and direct statement about the fact that they had decided to close Guelph.
Total crap from the Amfil crap show.
Just like all the turkeys, Amfil is still gobbling and gobbling as the cheapies just get cheaper.
Mebbe if The Clownshow just remodeled Guelph again it wood work.
Next to close is Chicago, butt as grtnative suggested it could be Midtown first if that lease is expiring very soonly. The Clownshow can use the materials from gutting Chicago and Midtown to remodel Guelph again.
Tofu ricotta - ROTFLMAO!!! What hipster idiocy!!
this was said when peeps were selling at 10c, 9, 8,7,6,5,4,3,2,1 and now at .05c.
Ha! I didn't even realize I pasted the wrong quote from the P.R. on my response to the original poster about Guelph. This is the one I intended to post last Friday. Thx.
$FUNN
Roger better never show his face
Because it's Mr Mud
Actually there was, it did talk about if any location simply doesnt have a path for whatever reason, they may divest it:
From the Q&A
Are any of the venues in danger of being shut down due to losses that we can't stop?
There is always risk for any retail environment. As we have seen, Covid forever changed the landscape and has had a major impact on operations. It is not impossible we select certain locations for divestiture over time if we do not see a path to profitability for that location.
I’m really getting furious with management. We are five year lows. We need actions, NOW!
*****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
I'll be waiting as many others to gobble up cheapies...Canadian closures don't mean a thing compared to American openings..that's what $FUNN needs...more USA cafes...Annual Report coming showing growth...
Post here or PM to me the CONtact information you have for Jacques.
Hey `shajandr` , how would I get in touch with Jacque Mortimer; he is
Rogers` half brother (they have the same mother); I met him before and
seemed like a stand-up guy . I would ask him what is Roger doing exactly.
He doesn`t answer me. I think Jacque has a large position.
I am a shareholder also; long time, over 30 years; got in when it was known
as `Technical Ventures` .
Do worry BenDover is working on next weeks menu!
Current management is horrible at getting and finding investors.
Good communication is not only for people who are purchasing stock but also good for drawing interest for funding new locations.
Why do they suck this bad?
Ben and Roger are idiots. Still waiting for any communication to shareholders about the closing of Guelph.
Also, where is this new Twitter channel at that was announced at the end of the Q&A? It only should take 5 minutes or less and would have been the free source to communicate Guelph closing to shareholders instead of completely ignoring a material event.
IT HAS BEEN 28 DAYS SINCE ANNOUNCED. Another empty promise???
“New twitter channel coming soon!”
https://www.otcmarkets.com/stock/FUNN/news/Snakes--Lattes-Inc-provides-responses-for-QA?id=369541
Agreed. It seems they're overcomplicating things. Keep the food and drinks simple but good.... maximum profit.
It's time to kick brunch up a notch with our Peach and Ricotta Toast! Crispy sourdough bread, confit garlic spread, tofu ricotta, Ontario peaches, basil, balsamic reduction and thyme. Bonus- its vegan! ??
??Available at College Saturday & Sunday 11am-3pm.
Time to focus on something other than menus Ben. Pizza, burgers, and some boneless chicken wings. How big is our pantry with all these ingredients?
Keep checking PACER.
UPDATE: funn volume the same today as yesterday!
"We are not seeking to expand in Canada as the environment is very difficult. If we expand in Canada it will have to be an extremely favorable deal for Snakes & Lattes with a direct path to profits for that location."
So by the same logiK that this statement hinted that Guelph would close, it also foreshadows the closing of Midtown and then Annex and College.
The next closure will be selected from the group CONsisting of: Chicago, Midtown, Provo, and Tucson.
A warm welcome to the new SnL CONtraction Team!
WHAT???? funn is DONE, although from a "profit perspective", funn has been DONE since the start!
funn is going to do this/that/audit/uplist....landscaping/snowplow...da WEED....games selling at walmart, amzn and throughout the galaxy...someone else making the burgers(cuz that is so tough)....opening in chicago(cuz it's so SAFE AND FAMILY FRIENDLY)....
funn HAS BEEN A JOKE FOREVER AND THE funn BEARS HAVE BEEN CORRECT!
Market_Was_Clamoring_For_Execution_Filing_Audits_and_Franchises_Sales_NOT_EXCUSES_for_Failures
Market has also been asking for:
1. a breakdown of financials by site; to id money losing sites and closing down
2. FUNN securing a low interest business loan to pay for 5 years worth of:
a. CEO Salary, CEO with restaurant and franchising
b. Yearly Accounting Services
c. Yearly Auditts
3. Hiring of Commissioned Salespeople
4. Selling Franchises in USA
The most recent Q&A was a big list of excuses, blaming others for problems, and total lack of accountability.
Noone wants that......
Absolute bullshit. Saying they aren't expanding doesn't even come close to saying they are closing Guelph.
This management doesn't just get a pass for it's incompetence, it gets excuses provided for it.
.
Can't help you there. I only know as much as what was provided in the Q&A.
$FUNN
What I meant to say is that the following statement appears to hint at why Guelph didn't work out, although we really don't have the actual details of why it ultimately closed. My apologies since I didn't mean to imply that the Guelph closure was directly mentioned in the Q&A:
"We are not seeking to expand in Canada as the environment is very difficult. If we expand in Canada it will have to be an extremely favorable deal for Snakes & Lattes with a direct path to profits for that location."
$FUNN
I just reread the Q&A. There is nothing in it that hints at Guelph closing. When it was learned that Guelph was closing everyone seemed surprised so I am not the only one who didn't see any hint of that in the Q&A. Guelph is not even mentioned.
There is no expansion team, it's all bullshit. They are just trying to stay in business with what they have. What will be the next location to close??
I never got a complete answer on the US expansion team. Please explain what it does and does not consist of. Seems like what we are lead to believe is nothing near the truth.
Followers
|
534
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
346800
|
Created
|
04/21/08
|
Type
|
Free
|
Moderators Sheepdog 1vman BubbaInSC Noghawbuck |
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 |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |