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I understand the reasoning behind withholding news until we have finished the whole auditing/ uplisting process.
I just hope that once we have up listed, the flood gates open.
Oh no.
A stop sign! I guess Snakes&Lattes will stop making money now huh?
Epic facepalm.
What does that post even mean?
Snakes&Lattes is 99.5% of AMFE right now.
If 99.5% of the numbers are legit, are you really worried about the 0.5% extra?
Do you honestly think that the result of 2018 was only 1 location?
Some of the biggest moves for the future have been laid out in 2018. These include:
The completion of the audits which will be key for the future of franchising.
The purchase of Morning Plays, thus solidifying our publishing branch. This alone way prove to be the most economically sound investment made. Published games will be to us what software was for Microsoft.
Doing all this WITHOUT the need of toxic financing. This IN ITSELF proves Roger knows what he is doing.
Calm down.
Oh, I’m not mentioning a LOT of things!
Our first published games,
Our ever growing distribution list
Etc etc
Things that WILL happen:
10k will be released
AMFE will uplist
IK will spin off
We WILL get a dividend of shares
More S&L WILL open
The company WILL make more money
AMFE WILL make us rich
Remember when the audits were the white elephant in the room?
That’s the one thing that would bring us more problems, just because of the scope it had to cover. And bring problems it did.
Guess what? The audits are done. They are filed. Compared to that, everything else is a piece of cake.
Do you really think that the 10k won’t be filed? Don’t be a fool.
Eh, better that this happens here where there are no consequences yet, than it happens in a more reputable exchange.
Or they could alienate their customers.
Fact is, their current model works. If they want to change their model, they have to be incredibly careful in how they do so, because it could ruin their business.
Are there ways they can make extra money without alienating their customers? That is very likely. The challenge would be how to do so without damaging their existing business.
I agree that management should look into ways to make more money. But I would expect them to be very careful in how they approach it.
The day creeps ever closer when we will see 2 (or more) S&L locations open at the same date.
Wait, what investors meeting??
We would be soooo undervalued even then
We should be on the lookout for blog posts, articles and new mentions of the place.
4 LOCATIONS PEOPLE!!
WHAT OTHER PINKY CAN CLAIM TO HAVE AN ACTUAL BUSINESS?
WE WONT BE IN THE PINKS FOR LONG!
GET YOUR CHEAP SHARES WHILE YOU STILL CAN!
Well that was an amazing launch!
It’s amazing to think that we own this business and we are literally seeing it grow right before our eyes.
A few years down the road, there will be documentaries made about the growth of this business, and I can already hear one of the lines:
“Snakes&Lattes had very humble beginnings, with its stock going for as low as under .02. But early investors took advantage of these prices and accumulated large amounts of stock. Many are now millionaires.”
Awesome!
T minus 1 hour 52 minutes!
Amfil Technologies Inc. Announces The Opening of The Snakes & Lattes First USA Location in Tempe, AZ and Attendance At The Largest Board Game Convention in Essen, Germany Debuting Newly Published Games
Press Release | 10/02/2018
TORONTO, ON, Oct. 02, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -
Amfil Technologies Inc (OTC: AMFE), is pleased to announce that Friday October 12th will be the official opening date of Snakes & Lattes’ first US based retail location in Tempe, Arizona. Additionally, Snakes & Lattes SAS and Morning will have a presence at the Essen Spiel Messe board game convention in Germany where it will debut its newly published game titles.
Snakes & Lattes Tempe
The Snakes & Lattes Tempe location is scheduled for official opening on Friday October 12, 2018. We encourage anyone in the area to come and join in on opening day and enjoy what the Tempe location has to offer!
The opening of Snakes & Lattes Tempe is pivotal for the company as it marks the brand’s official penetration into the US market with a brick and mortar location on US soil. The company was fortunate to have secured prime real estate for the venue in the Mill Avenue District which is considered to be the hottest entertainment center in the entire state of Arizona. Tempe’s Mill Avenue is pedestrian friendly and has ample parking. The location is minutes away from Sky Harbor International Airport as well as Arizona State University, which has over 72,000 annual enrollees. In our estimation, there are well over 250,000 college students annually at campuses anywhere from walking distance to a 20-minute drive from the Snakes & Lattes Tempe location.
Upgrades and renovation are nearing completion as the crews are putting on the ‘finishing touches’ which includes signage and other aesthetics. The new venue is fully staffed and is preparing the team for a smooth launch ensuring that everyone is prepared to deliver the quality of service, entertainment, and knowledge which Snakes & Lattes is known for.
For further Tempe updates, follow the Snakes & Lattes Tempe twitter account @SnakesandLattesAZ
The company is very excited for the launch of its first US based retail location and looks forward to the additional locations which have been committed to and are moving forward as planned. The team continues ongoing discussions with interested parties, investors, real estate agents, and landlords for further locations, which are at various stages of negotiation. Updates regarding the additional locations can be expected appropriately as they develop.
Snakes & Lattes has also elected to extend their partnership with Propeller Coffee into the US locations. Propeller Coffee is a fan-favorite and has supplied our happy customers throughout the Toronto locations with high quality drip coffee, cold brew, and espresso-based drinks. We are confident that our US customers will be just as enthusiastic about their coffee products as we are! For more info about Propeller Coffee visit www.propellercoffee.com/public/
Snakes & Lattes Publishing SAS, and Morning
Additionally, the company is pleased to announce that its wholly owned subsidiaries Snakes & Lattes Publishing SAS, and Morning, will have a presence at Essen Spiel Messe, the largest Board Game Convention, taking place in Essen, Germany October 24-28. https://www.spiel-messe.com/en
The company will have a large 1600+ sq. ft. booth which will be used by Morning to present their line of products. Snakes & Lattes will reproduce and operate a board game cafe inside the booth and will be selling beer and espresso-based drinks.
Snakes & Lattes Publishing SAS and Morning will be presenting ‘IKAN’, the board game which will be making its official debut at Essen. https://boardgamegeek.com/boardgame/215806/ikan
Further, Snakes & Lattes Publishing and Morning will be presenting the first prototypes of the new ‘in-house’ published game title called “BUURN”, as well as, presenting advanced copies of the highly anticipated “Kill The Unicorns” and “Red Panda” and taking pre-orders for those games.
We encourage anyone in the area to come join the fun at the booth and be one of the first to play these new game titles!
Snakes & Lattes Inc Overview
The Snakes & Lattes Inc subsidiary continues to deliver value through all of its business divisions. The number of retail locations has now doubled since the acquisition. Now that Snakes & Lattes has overcome the obstacles required to break ground in the US, it paves the way for the multiple further locations which are currently in planning stages. The growth rate of the retail locations in the US is expected to increase significantly as the brand feeds off the momentum gained through the recent push by the US Expansion Team. The company projects that it will have many additional locations fully operational by the end of 2019 and expects this number to grow exponentially moving forward.
The Fulfilment and Distribution division has been a huge contributor to the company’s revenues and continues to expand the scope and scale of its operations. As previously announced, it has obtained new exclusive distribution rights to a wide array of game titles since the acquisition, and continues to forge new partnerships, and grow its client base which includes numerous major name-brand retailers.
The Publishing Division, which is the newest initiative undertaken by the company, has made incredible progress in a very short time span. Following the strategic all-cash acquisition of Morning, a game publisher and distributor based out of France, the company formed Snakes & Lattes Publishing SAS. This division is in the process of finalizing the production of multiple new, and highly anticipated game-titles such as Kill The Unicorns, BUURN, Red Panda, and has many more in the works at various stages of progression. Snakes & Lattes Publishing SAS and Morning are expected to be a major contributor to revenue, profitability, and expansion capability moving forward as well as deliver maximum value back to our shareholders.
Further updates regarding the growth of the Snakes & Lattes subsidiary, and the company as a whole can be expected over the coming weeks.
Amfil Technologies Inc. Announces The Opening of The Snakes & Lattes First USA Location in Tempe, AZ and Attendance At The Largest Board Game Convention in Essen, Germany Debuting Newly Published Games
Press Release | 10/02/2018
TORONTO, ON, Oct. 02, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Amfil Technologies Inc (OTC: AMFE), is pleased to announce that Friday October 12th will be the official opening date of Snakes & Lattes’ first US based retail location in Tempe, Arizona. Additionally, Snakes & Lattes SAS and Morning will have a presence at the Essen Spiel Messe board game convention in Germany where it will debut its newly published game titles.
Snakes & Lattes Tempe
The Snakes & Lattes Tempe location is scheduled for official opening on Friday October 12, 2018. We encourage anyone in the area to come and join in on opening day and enjoy what the Tempe location has to offer!
The opening of Snakes & Lattes Tempe is pivotal for the company as it marks the brand’s official penetration into the US market with a brick and mortar location on US soil. The company was fortunate to have secured prime real estate for the venue in the Mill Avenue District which is considered to be the hottest entertainment center in the entire state of Arizona. Tempe’s Mill Avenue is pedestrian friendly and has ample parking. The location is minutes away from Sky Harbor International Airport as well as Arizona State University, which has over 72,000 annual enrollees. In our estimation, there are well over 250,000 college students annually at campuses anywhere from walking distance to a 20-minute drive from the Snakes & Lattes Tempe location.
Upgrades and renovation are nearing completion as the crews are putting on the ‘finishing touches’ which includes signage and other aesthetics. The new venue is fully staffed and is preparing the team for a smooth launch ensuring that everyone is prepared to deliver the quality of service, entertainment, and knowledge which Snakes & Lattes is known for.
For further Tempe updates, follow the Snakes & Lattes Tempe twitter account @SnakesandLattesAZ
The company is very excited for the launch of its first US based retail location and looks forward to the additional locations which have been committed to and are moving forward as planned. The team continues ongoing discussions with interested parties, investors, real estate agents, and landlords for further locations, which are at various stages of negotiation. Updates regarding the additional locations can be expected appropriately as they develop.
Snakes & Lattes has also elected to extend their partnership with Propeller Coffee into the US locations. Propeller Coffee is a fan-favorite and has supplied our happy customers throughout the Toronto locations with high quality drip coffee, cold brew, and espresso-based drinks. We are confident that our US customers will be just as enthusiastic about their coffee products as we are! For more info about Propeller Coffee visit www.propellercoffee.com/public/
Snakes & Lattes Publishing SAS, and Morning
Additionally, the company is pleased to announce that its wholly owned subsidiaries Snakes & Lattes Publishing SAS, and Morning, will have a presence at Essen Spiel Messe, the largest Board Game Convention, taking place in Essen, Germany October 24-28. https://www.spiel-messe.com/en
The company will have a large 1600+ sq. ft. booth which will be used by Morning to present their line of products. Snakes & Lattes will reproduce and operate a board game cafe inside the booth and will be selling beer and espresso-based drinks.
Snakes & Lattes Publishing SAS and Morning will be presenting ‘IKAN’, the board game which will be making its official debut at Essen. https://boardgamegeek.com/boardgame/215806/ikan
Further, Snakes & Lattes Publishing and Morning will be presenting the first prototypes of the new ‘in-house’ published game title called “BUURN”, as well as, presenting advanced copies of the highly anticipated “Kill The Unicorns” and “Red Panda” and taking pre-orders for those games.
We encourage anyone in the area to come join the fun at the booth and be one of the first to play these new game titles!
Snakes & Lattes Inc Overview
The Snakes & Lattes Inc subsidiary continues to deliver value through all of its business divisions. The number of retail locations has now doubled since the acquisition. Now that Snakes & Lattes has overcome the obstacles required to break ground in the US, it paves the way for the multiple further locations which are currently in planning stages. The growth rate of the retail locations in the US is expected to increase significantly as the brand feeds off the momentum gained through the recent push by the US Expansion Team. The company projects that it will have many additional locations fully operational by the end of 2019 and expects this number to grow exponentially moving forward.
The Fulfilment and Distribution division has been a huge contributor to the company’s revenues and continues to expand the scope and scale of its operations. As previously announced, it has obtained new exclusive distribution rights to a wide array of game titles since the acquisition, and continues to forge new partnerships, and grow its client base which includes numerous major name-brand retailers.
The Publishing Division, which is the newest initiative undertaken by the company, has made incredible progress in a very short time span. Following the strategic all-cash acquisition of Morning, a game publisher and distributor based out of France, the company formed Snakes & Lattes Publishing SAS. This division is in the process of finalizing the production of multiple new, and highly anticipated game-titles such as Kill The Unicorns, BUURN, Red Panda, and has many more in the works at various stages of progression. Snakes & Lattes Publishing SAS and Morning are expected to be a major contributor to revenue, profitability, and expansion capability moving forward as well as deliver maximum value back to our shareholders.
Further updates regarding the growth of the Snakes & Lattes subsidiary, and the company as a whole can be expected over the coming weeks.
I kinda expected a PR today
Recession is a bad word for any economy, But that doesn’t mean that business don’t do well in a recession.
Many don’t obviously, but some do. In fact, some businesses thrive in such an economy. There is an article which states 50 ideas that work in a depression. I’m going to quote the ones that could work for us:
1 Food and beverages
Food business is a very lucrative because no matter the economic situation; people must eat. But I am not talking about pooling your hard earned money and starting a restaurant business; although if that seems like a feasible thing to do, it just might work.
However, going into the restaurant business still has its risk and a very high one at that. Instead, you might consider going into a food and beverage business by focusing on offering healthier stuffs. These days, going into a recession is even a better excuse to eat healthy because it encourages people to cut down on their consumption and to avoid unnecessary purchases.”
“14 Beer, wine and liquor
Americans tend to cut back on the pricier drinking options during a recession but that doesn’t mean that people quit drinking. Restaurant sales of wine by the bottle fell sharply in 2009 and so did bar revenues but wholesalers of beer, wine and liquor did just fine during the last recession. Restaurant sales of wine by the glass went up”
“35 Coffee Shop Business
To start a successful coffee shop business, it is advisable that you develop a business plan that can help you run the business effectively. If you also have the intention to seek external funding or grow bigger, then you definitely need a business plan.
Include also your market strategy and key factors that you believe will make your coffee shop unique and differentiate from every other coffee shop in the area. Though it sounds easier than it is but like in any other business, if you fail to plan, you plan to fail. This is where a coffee shop marketing plan comes into play.”
https://www.profitableventure.com/recession-proof-business-ideas/
Snakes&Lattes is an excellent model. It serves food, liquor, entertainment and retail, all at the same place. If anything, if a depression does happen and I pray to God it does not, but if it does happen, entrepreneurs are likely to flock to our doors and open their own business.
Can someone put me up to speed about he latest discussion so that I won’t have to read 240+ messages ?
What’s surprising to me is that the board is not celebrating the opening of a huge event which is tomorrow.
Guys. Papers are important. Especially for investors. But don’t lose perspective here. We are funding a NEW business. Delays in paperwork should be expected. But what are we SEEING? We are SEEING a new location that is about to break into the BIGGEST market in the world.’ TOMORROW. A NEW business.
Uhh is your investment the stock of the company?
While the stock has gone down, the company has grown tremendously.
I think he is waiting for the up list to release info.
And honestly I think that might not be a bad idea. How many times have we received great news only for the PPS to go down?
The important thing is for us to get of the Pinks now as quick as possible.
This is only marginally related to AMFE, but it is a very interesting thread that discusses publishing profits and a whole bunch of stuff:
https://boardgamegeek.com/thread/602583/how-do-board-game-companies-make-their-money
Awesome find!
I liked the video is Ikan. It looks interesting.
I’ve been reading about profit margins and publishers, and I like what I’m seeing. 70% - 90% of the profits go to the publishers.
I can’t wait until these games go out!
It’s cases such as these that prove that the market is not always right.
CNBC recently reported a cannabis stock that skyrocketed over 500% and the headquarters was a shed.
Here we have a company that is, not only making millions, but is also positioning itself to make even more millions, and we are so undervalued?
I will say that I never expected to see these numbers again. It is somewhat frustrating to be in this position again.
There is:
1 in Charlotte, North Carolina
1 in Houston Texas
2 in Colorado: Denver and Fort Collins
You know what is ironic here? The way you are complaining about goalposts, and how you seem to change the goalposts yourself.
Snakes&Lattes is not just doing fine, it’s doing certifiably (thanks to the release of the audits) awesome.
Tempe is going to open this week.
4 more locations are going to open by next year.
We are going to up list to OTCQB
There will be a spin off and we will get a dividend of shares.
Morning Plays will release their (our) new games before the year ends.
We will have representation in the biggest board game convention in the world.
We are going to be rich thanks to AMFE
Amfil Technologies Inc. Provides Update On The USA Expansion of The Snakes & Lattes Subsidiary Including Charlotte, Houston, and New Commitments For Denver & Fort Collins, Colorado
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Provides-Update-On-The-USA-Expansion-of-The-Snakes--Lattes-Subsidiary-Including-Charlotte-Houston?id=202628
As previously stated in press and on twitter, the Company has received a high volume of correspondence from parties interested in opening Snakes and Lattes locations and has only met with and vetted a small portion to date.
The next stop for the US Expansion Team will be Las Vegas on September 7th and 8th to meet with an investor who is prepared to fund a location in the desert oasis.
The Vegas location will likely be a large-scale endeavor and the availability of an appropriate venue will determine the build out date. We will provide updates on this initiative as it develops.
The Company has received firm commitments to open retail locations in Charlotte, North Carolina and Houston, Texas. A Letter of Intent (LOI) has been received by the landlord, and discussions are proceeding to determine which unit within the property will be selected.
The Company is pleased to announce that Denver and Fort Collins, Colorado have now been approved by a previous investor for funding as corporate locations.
This was my original post on the topic, 9/13
Guys, i just saw something very interesting right now.
You may or may not know that I am a fan of Nintendo. Well, Nintendo released a direct today, where they talked about different titles coming to the Switch and what not.
Well, one of the things they announced was that Asmodee would be releasing board games on the Switch. Including Catan.
While they never mentioned Snakes&Lattes at all, a partnership may not be off the works. Especially if the games released by Morning prove to be popular.
Honestly, I am a video game player. This is the first time that I’ve seen something like this happen....it just goes to prove that board games are becoming more and more popular.
Replies:
Board game videos? That has very interesting implications
Russ777 on 9/13/2018 11:26:04 PM
GREAT FIND Felo!!! And your possible conclusion
hotlinktuna on 9/13/2018 11:28:04 PM
Report TOS
Nintendo has what they call “Nintendo Directs” in which they present the public with the future games for their systems and what not.
In the one of the last Nintendo Directs, they (Nintendo) announced that one company was going to bring board games to the Switch. I believe they mentioned Catan amongst others.
I commented on this as well, you can look up what I said. So I wouldn’t be too quick to judge that video games and board games can not work hand in hand with one another...
In fact, with that announcement, Snakes&Lattes is now in a MUCH better position to work with Nintendo than before.
Imagine this:
They bring Catan to the Switch, a Catan event can be held at participating Snakes&Lattes in which players can bring their Switch AND play the board game with other players.
And now that they opened the door to bring boardgames into video games, it is more possible for S&L to license one of their own games ...if it becomes successful enough.
From marketing? How so?
Well, I guess that depends on wether the location is a joint venture, a franchise, or a master franchise.
I think it’s extremely safe to assume that corporate locations keep all the profits.
Joint ventures, well I guess that depends on the contract between the investor and the company...
And both franchise and Master franchises have to pay certain fees....?
So, a good estimate on what a S&L (4,500- 8,000 square feet) does per year is between 3-4 mill.
So, if the next locations are between these sizes, and we have 4 LOIs we should see an increase in revenue (in locations alone) at a minimum of 12 mill to 16 mill for 2019.
Assuming we end 2018 with 15 mill, by 2019 we should be expecting around 30 mill.
Although that’s assuming that the 4 locations are corporate, which they won’t be. Pretty nice info to know tho
A $650 million order??
One day!! LMAO
Can anyone confirm how much Midtown added to the bottom line? Do we know how much revenue each location adds on its own?
Do we have reason to get excited?
Heck yea!
1. Up list: coming soon!
2. Dividend! (A.K.A. FREE MONEY)
3. Tempe opens next week!
4. Audited fins by next week!!