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Happy 4th of July celebrations Amphilites!!
When you come visit, we should meet at Snakes and Lattes in Toronto to check out one of our investments!!
Good morning everyone. Happy Canada day weekend to all the Canadians on this board.
I hope no news will be released until after the Canadian holiday and July 4 holiday is over with. A full week of trading would be best to tackle the massive news updates in my options as well.
I would rather wait a bit for the news.
$$$ Amfe $$$ Long and super Strong!!!
Thanks and your right. Every bit of publicity helps!!
If that happens by next March... holy $$$$ I will give myself one good slap on the back for investing in Amfe!!!
I am leaning towards beleiving your prediction. Amfe is one hell of a company!!!
Long and super strong!!! $$$ AMFE $$$
I posted Amfe on my Facebook page. I explained a little bit about it. I speak about this stock to friends, family etc...What is too bad about penny stocks is most people will react negatively and say...ya, ya another great stock...Bla, Bla, Bla....I let them know read the DD then you will SEE this is just not "another empty promise stock or another scam". Amfe is a remarkable company that will seriously make it's investors very happy and some very wealthy!!!! Good work to everyone who are trying to promote this stock! Amfe's sunny days are coming and there will be no turning back!!!
I am in!!!
GREAT WORK!! WELL DONE and thank you!!
Last night I was at the grocery store waiting to pay for my items and I was watching a man buy some Loto tickets. I was thinking, your wasting your money, buy into Amfe instead lol. That is your winning ticket to financial freedom!! We all agree that Amfe is the golden ticket! Brilliant company with brilliant management! What more.can we say about Amfe!!! Long and forever strong!! $$$Amfe$$$
Love it!!!
I noticed that too!
Some new fresh eyes on this board and as always a few "crossed eyes" too but that's ok. Rockets is the main man of the board and he ensures our eyes keep on looking and focussing in the right direction!!! Great work once again!!! Amfe IS a GOLD mine and the drilling had started!!! Watch out for the gold rush it's going to be "MASSIVE"!!!! The brains behind this company is absolutely brilliant!!
I LOVE you Amfe!!! $$$Amfe$$$
The Big Tsunami is coming!!!!
ByChris SandburgPosted on June 21, 2017 COMMENTS
Last week, we covered Amfil Technologies Inc (OTCMKTS:AMFE) as part of this coverage. We haven’t had and major updates from the company since we took at look at it and normally this would mean we’d put it on the backburner until we were ready to update our thesis on some fresh input or inputs.
Normally, that is.
This week, however, we’ve come across something that we think shareholders (and anyone thinking of picking up a position near term) should know. It’s nothing concrete, but it’s worth highlighting nonetheless.
For those that missed our previous coverage, check it out here to get a bit of background on this company. It’s essentially a holding company with a few different operational subsidiaries, but for the purposes of this discussion, we’re looking at one primarily: a recreational café/bar type subsidiary called Snakes & Lagers and its sister brand, Snakes & Lattes.
The company is a recreational outlet, as mentioned, and it’s got a couple of locations open (each of which is generating $3 million plus revenues annually) and a third set to open up this year. It’s also, however, recently expanded into the tabletop gaming space. The USP of the locations that are already open, and the planned franchise rollout, is allowing clients to play a variety of board games as they eat or drink. During the current quarter, management has built on this USP to start distributing board games domestically in Canada (as well as a few international locations) and – as per the most recent announcement – is leveraging its locations’ game designer nights to start publishing games in house and distributing them internationally.
It’s the distribution of already available games we’re interested in specifically here.
Back in May, the company announced it had picked up the Canadian distribution rights to Cards Against Humanity. We probably don’t need to introduce this game to readers. For those new to it, it’s a card game that has essentially been the best selling tabletop game for the past half decade across most major outlets – online and brick and mortar.
Second only to Cards Against Humanity is a game called Exploding Kittens. This is, again, a card game, developed and distributed by Elan Lee, previously Chief Design Officer for the Xbox at Microsoft Corporation (NASDAQ:MSFT) and Matt Inman, a cartoonist and designer has nearly 4 million Facebook fans of his highly successful digital cartoon site TheOatmeal.com.
Exploding Kittens is the most successful ever Kickstarter campaign for a crowdfunded game and, as of late last year, estimates suggest the game had generated more than $50 million in revenues.
This week, the two announced they would start distributing their second game, a game called Bears vs Babies, via a second Kickstarter campaign here and the game’s Twitter Inc (NYSE:TWTR) account here.
Here’s the Tweet:
Latest Kickstarter Update: https://t.co/y1X7wIVOZU pic.twitter.com/Hx6zmC2eVz
— Bears vs Babies (@gameofbabies) June 20, 2017
Basically, the company is starting to ship today after raising more than $3 million on Kickstarter from more than 85K backers.
Now take a look at this quote from an early June Amfil update:
“Snakes & Lattes has been awarded exclusive Canadian distribution rights to yet another massive game title that is currently one of the most sought-after games in the industry, expected to come to market this month after a wildly successful Kickstarter campaign late last year. Full details of this game title will be announced upon their approval and the game’s official launch in Canada.”
There’s a very good chance that, while neither entity has confirmed it yet, Snakes & Lattes has the Canadian distribution rights to Bears vs Babies. Remember, this is the follow-up to a game that generated $50 million in revenues for its creators. Amfil as an entire company is valued at around $50 million right now, and we’re just talking about one deal from one of its subsidiaries.
Not convinced?
Take a look at this post from Snakes & Lattes’ Facebook Inc (NASDAQ:FB) page last year:
Here’s something to ponder. Their Kickstarter is already exploding…. Is world domination next?
The company was promoting it late last year – it’s far from unreasonable to assume talks were already underway at that point regarding distribution.
Anyway, the point here is that this thinly traded company is going to get a sharp uptick on the news if it reports it has the above-described distribution rights. As a near term play, then, this could be a quick turnaround profit ahead of the release.
We will be updating our subscribers as soon as we know more. For the latest updates on AMFE, sign up below!
Image courtesy of Rick Turockzy via Flickr.
Disclosure: We have no position in AMFE and have not been compensated for this article.
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Provide proof of your conclusions towards Amfe!!! I dare you!!!
To ask the new investors! Please read DD from Rocketsocks!!! He is brilliant and everything he posts is back up by FACTS!!!!! Amfe IS a one of a kind find in Pennyland!!! You won't see this stock at these levels again in my opinion!! I am Long and heavily invested!!!! $$$AMFE$$$
Sorry 43 Lisenced producer in Canada.
Health Canada says" Canada’s medical marijuana growers will have to start testing all their products for unauthorized pesticides, says Health Canada, stepping up the government’s response to concerns about tainted marijuana."
GROWZONE is the solution!!!!
Right now we have 42 Lisenced producers in Canada. I believe that Amfil will be zoning in on Canada with Growzone for sure. The government is nervous that there will not be enough pot once Canada goes recreational. The Lisenced producers have to go through some rigourous testing via Health Canada and a few companies marijuana samples have tested positive for pesticides! Bad news for those companies but good news for Amfe and Growzone. The Lisenced producers must look at alternative solutions to this problem as all of them have the same goal to provide excellent quality to the consumers. I think Grozone is a no brainer ( my opinion of course) solution for all of these companies and also for the newbies coming in. This is only the tip of the iceberg...Then there is 10 Acres Cali...Other companies around the world....Sleeping Giant for sure ready to wake up!!!
The federal government is getting ready to drastically speed up its licensing process to increase the numbers of companies that are authorized to produce marijuana for the recreational market that will open up in the first half of 2018, sources said.
A senior federal official said that in addition to tabling legislation to legalize marijuana on Thursday, the federal government will announce a push to authorize new producers of marijuana. At this point, there are 42 companies that have the necessary authorizations from Health Canada to produce marijuana for medical purposes across the country.
The official said the current holders of licences will have a head start once the market is opened up to recreational users, but added that the federal government will add staff and resources at Health Canada to speed up the approval process for new producers.
Related: How to dissect the earnings of marijuana producers (for subscribers)
Opinion: Why stop with pot? Let’s decriminalize all drugs
A key concern is ensuring that the supply of marijuana will meet the demand for the drug once it is legalized by the unofficial deadline of July 1, 2018. As Ottawa works toward squeezing out illegal producers of marijuana, federal officials are worried that a shortage of cannabis would hurt their plans in the initial stages of legalization.
Another priority for the government will be to ensure that there is a broad variety of producers of marijuana serving the recreational market, and not just the existing network that includes many large-scale facilities.
“It’s obvious that the producers who are already licensed have an advantage going in. But there is also a clear desire on the government’s part to have a mix of big and small producers,” said the federal official who spoke on the condition of anonymity ahead of the tabling of the legislation.
“There is a great deal of awareness to the needs of smaller producers in the government,” the official added.
It would be nice if the news was released on Sunday!!
Good morning all!!! Today is another day in Amphitlite world. Glad to ba a part of it!!
Whatever news comes out soon, I am sure it will be fantastic!!! Be patient everyone and we will be rewarded, no doubt about that! Wether it takes a few days or weeks or even a few months, it will certainly be worth the wait! I also totally agree with the Easter eggs explanation. They are in seperate Amfe baskets, all perfectly placed for the shareholders!! Easter hunt is just around the corner lol!! Long and Strong!! $$Amfe$$
I can't stop thinking about the word "MASSIVE"!!!! Feel like a kid again, anxiously waiting to open up Christmas presents!!!!!! $$$Amfe$$$ Loooooong and ????????????
I could not agree more!!! Well said!!
People need to be patient, Rome wasn't built in a day!! As Rockets said, let's keep this board positive and as Roger said we are going to be rewarded!! Man I love surprises and Amfe!!!!
Patience, patience, patience...It will climb up soon! Thanks again Rockets for all your DD!!
I will even buy the first round... and the second...and hey, what the heck....and the third....
I am speechless and THAT does not happen often!!!! Well, our Amphilite get together is gonna be a hell of a celebration!!!
Great suggestions! I agree with you Rocketsocks. Snakes should put up something to advertise this stock and the bathroom....haha I love it!! I found out about Amfe through another board. I started doing some DD on Amfe and I could not believe this company!!! I decided to sell some stocks that did make some good cash but the stock became stagnant and I ended up buying a whole lot of Amfe shares. Then I told my son and daughter about Amfe and they jumped in full force as well. I do believe it is very undervalued and it will go up very soon and the few nay sayers on this board will literally choke on their posts. Do not forget that some people will try to use scare tactics and trash the stock for their own selfish purposes in order to buy at cheaper prices! I love this board as it is, in my opinion is the cleanest one I have seen so far. People do have a right to their own opinions but sometimes it's a tactic to get people to sell so they can google up more shares. Do your DD, there are several people on this board who post every bit of news they can regarding Amfe, read what they write and you will understand that this stock is a rare gem!! Hold on to it.... Polish it.... Take care of it!!! You will clearly see that Amfe is solid, solid, solid like a brick wall. No wolf can blow this wall down! Amfe will make many investors a LOT of money!!!! $$$Amfe$$$
Thanks again Rocket!!! My oh my if this keeps up maybe we will all go to Bora Bora for our shareholders get together lol!!!
Congratulations on your shares purchase! You, I and everyone else on this board will not regret investing our $$ in Amfe. Everyday, I read the board religiously and I always remain exited that my decision was the right one to make. Total confidence in Amfe! Thanks again to everyone who tirelessly does DD and adds it on the board for everyone to read! $$Amfe$$ Long and Strong.
I have MANY shares and I am deffinately a long player!! When this blasts off, all of us longs should have a celebration get together at a Snakes and Lattes, play a few games, and talk about how this company has emerged as a winner!
Thank you Rec the great post! I can see your passion for this company and I share the same passion as well. This post will also benefit all the newbies coming into this stock as you have gone to great length to explain and dissect everything about Amfe so well. One can only conclude that this company will be a force to be reckoned with in the near future. Great work Rec!!! "Amfe" all the way! $$$
I am so fortunate to have found Amfe! My son, my daughter and I all invested! This company is one that will leave one huge dust trail once it uplists and gets the attention it truly deserves! $Amfe$ Long and strong!!
Exactly!!! Well said!!
I know your not supposed to put all your eggs in the same basket but Amfe is a basket that I am willing to do so with! I do have some tiny eggs placed elsewhere but my big ones are in Amfe's basket. This company is one of a kind find!!! Patience is the key here and hold on to your shares real tight!!! $$Amfe$$
And....Future "Grozone" news too....
Thank you Rocket!!
Liberals want to move up pot legalization to avoid Canada Day celebrations
Legalization target of July 1, 2018 will be changed to 'on or before July 1, 2018'
David Cochrane - CBC News
April 08, 2017
Pot Protest 20160420
Two people hold a modified design of the Canadian flag with a marijuana leaf in the middle during the "420 Toronto" rally in Toronto, Wednesday April 20, 2016. (Mark Blinch/Canadian Press)
With long-awaited marijuana legislation set to be announced next week, the federal government is having second thoughts about legalizing cannabis on Canada Day.
The Trudeau government still plans to go ahead with its plan to make weed legal for recreational use. But a senior government source says the initial target of July 1, 2018 as the implementation date will be changed to "on or before July 1, 2018."
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The change reflects some internal concerns over legalizing a recreational drug on the country's birthday. Bill Blair, the Liberal government's point man on pot, told the Canadian Press he wanted the focus of Canada Day to be Canada — not cannabis.
Employers want Ottawa's help to deal with marijuana-smoking workers
Marijuana legalization could leave provinces responsible for pot rules
Cannabis industry opposes call for plain packaging and bans on advertising
"I'm probably out on a limb on this one but ... I don't believe July 1 should be an implementation date for anything; it is a day of celebration for the anniversary and founding of our country," Blair told CP.
"I don't think that's an appropriate date. That's my opinion."
By next summer
But what isn't changing is the federal government's desire to fully deliver on its marijuana legalization promise by next summer — despite suggestions that the timeline may be too ambitious.
The federal government believes its timeline to have a nation-wide system for the distribution and sale of marijuana is achievable — even though much of the heavy lifting will have to be done by the provinces.
"We campaigned on this," said the senior government official. "We told them it was going to happen."
Blair Marijuana 20160224
Bill Blair, parliamentary secretary to the Minister of Justice, told the Canadian Press he doesn't think Canada Day 2018 is an appropriate date for legalising marijuana. (Sean Kilpatrick/Canadian Press)
It appears that Ottawa is counting on the potential profits from marijuana sales to speed things along at the provincial level. Colorado legalized marijuana in 2014 and, with a population smaller than Quebec and Ontario, that state is doing more than $1 billion US in legal sales a year.
The hope is that at least a few of the provinces will move quickly to finalize their system for retail sales and that will have a pace-car effect for the slower moving jurisdictions.
Bill details coming next week
The marijuana legislation is set to be unveiled next week. But CBC News reported many of the details last month. It will broadly follow the recommendation of a federally appointed task force that was chaired by former liberal Justice Minister Anne McLellan.
The federal government will be in charge of making sure the country's marijuana supply is safe and secure and Ottawa will license producers.
But the provinces will have the right to decide how the marijuana is distributed and sold. Provincial governments will also have the right to set the price.
Highlights from the federal marijuana task force report
Hold off on homegrown pot, police chiefs urge government
While Ottawa will set a minimum age of 18 to buy marijuana, the provinces will have the option of setting a higher age limit if they wish.
As for Canadians who want to grow their own marijuana, they will be limited to four plants per household.
Legalizing marijuana was one of the more controversial promises Prime Minister Justin Trudeau made as he campaigned to become prime minister.
Legal pot taxes could add $5B a year to government coffers, CIBC says
How high will the price of legal pot be?
In their platform the Liberals said it was necessary to "legalize, regulate and restrict access to marijuana" in order to keep drugs "out of the hands of children, and the profits out of the hands of criminals."
The Liberals had promised to introduce legislation by the Spring of 2017. Announcing the legislation next week will allow the party to hit that deadline.
With files from The Canadian Press
Investor from Canada here. Love, love Amfe. Other than Snakes and Lattes, the grozone interests me a great deal. As we are fast approaching legalization, and due to the strict government regulations that are being put into place, I am very excited about Grozone. We have Licensed producers who did not pass the " organic testing" which sent shock waives to many as Pesticides showed up in the medical marijuana being sold to patients. So... what is the answer... We all know!! Glad to be a part of such an amazing company!!!
I agree completely. Thanks for the info and positive posts!!!
Go $USMJ$
Thank you Rocketstocks for all of your DD. I read this board faithfully. I have invested heavily in Amfe and I am a firm believer in this company. Wow!! It will be amazing!! Let us ignore the bits of negativity that have been posted today and all of us that are serious longs with this company will celebrate at the finish line...But wait...The sky is the limit....lol