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Ameritrade shows the same
Audits are done. That is a fact.
We will up list to the OTCQB. That is a fact.
We will participate in the biggest board gaming event in the world. That is a fact.
It’s all about perspective. If I was invested here because of GRO3, I’d be very frustrated. But since I am invested here because of Snakes, I am very happy.
Snakes has done a LOT in this year. That is a fact.
They are about to release 3 new revenue streams. (The games made by Morning Plays) That is a fact.
Tempe will open next week. A corporate location FULLY FUNDED by a private investor. That is a fact.
We have 4 new LOIs to open new location in the US. That brings the number of locations to 8, and it is very possible that we reach double digits in locations by 2019. That is a fact
Yes, you share facts. The same way a person shows only one side of a coin.
You can not claim to be unbiased if you only share the negatives.
We don’t have any GRO3 news. That is true. And we are missing out on that market. That is also true.
But we have Snakes&Lattes. Business here is huge, and business here is booming.
Yes, 1 location a year won’t cut it. That is true. But now we are headed towards opening AT LEAST 4 locations by next year.
If you “share facts”, why don’t you share the positives? And the “facts” that you DO share are very questionable in themselves. It sometimes appears that you do not fully understand the great business that is Snakes&Lattes.
We should be ecstatic still....not because of the day to day action which might or might not go as we want, but because of the MANY positive things that we NOW KNOW FOR CERTAIN are coming:
1. AUDITS ARE DONE! The process was long but it is over and the NUMBERS only confirmed what we knew all along: the COMPANY is growing. These are VERIFIABLE numbers.
2. AMFE WILL up list to the OTCQB. This is no longer questionable. We already meet ALL requirements. The up list IS coming, this is a FACT.
3. With the up list, a spin off and a one time dividend based on the stocks owned to date...basically FREE MONEY.
4. More locations. We already know that there are 4 LOIs to open new locations in the US. That was BEFORE the audits, BEFORE Tempe. I think it’s very safe to say that new locations are going to start being announced in short order. Tempe opens next week, and we still have 2 1/2 months before the year is over. Many people will see a new business, we will see lots of new publicity, and many new entrepreneurs will see a new opportunity. 2019 is going to be HUGE
5. Morning Plays are about to release their (our) first games in the coming weeks! These represent a new revenue stream, and should not be taken lightly. These games will be to us what software was for Microsoft. Recurring revenue streams from which the profit margin improves over time. Speaking of Morning Plays:
“The recently created Snakes & Lattes team in France has finalized 3 board games which are now preparing for print/production. These game titles include; Kill The Unicorn, Red Panda, and Ikan. The team is now working to finalize the next new line of game titles including BUURN, and another Kickstarter campaign that is planned for early next year. The company expects to begin the manufacturing process for these titles before the end of the month.”
That’s 3 new revenue streams, with a new wave coming soon. Guys, the COMPANY is doing great! Eventually the market is going to take notice. Do you think it already has? LMAO!
NOBODY knows about AMFE. If you are here now, you are here at the best time possible. The audits are already done! The next part is just a piece of cake.
Nice post. I agree
So what’s everyone’s guess regarding the up list
You ARE aware that S&L is much more than JUST its physical locations right?
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
Press Release | 09/04/2018
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
Just saying...
It doesn’t. What it does is promote brand awareness, which, I would argue, is much more important.
It wouldn’t matter how many permits you have if nobody wanted to build the property
An appearance on this conference is a BIG deal, primarily for the publishing division, but also for the franchising division.
They will recreate their business to showcase for thousands of customers.
This creates a huge brand awareness.
It wouldn’t surprise me if someone decided to open a S&L in Europe thanks to swing this conference.
In this market, sure. But we won’t be in this market much longer.
The news today:
1. Tempe will open on 10 days. It is in a prime location, near to airports, universities etc. This is groundbreaking for the company as it is the first location in the US.
2 S&L publishing SAS will participate in the LARGEST game board convention IN THE WORLD. Here they will showcase not only their ORIGINAL games, but also their cafe concept.
He means that if the spin off occurred you would be given a fraction of the shares you own right now. Not the entirety.
And another one:
After the uplist, a spin-off and a one time dividend based on the AMFE shares owned to date
So, news tomorrow then?
This post should be stickied
Lol, never mind
That’s a rather specific number. Why that one?
DROP
THE
FRIGGIN
MIC!
Excellent post Plow! Everyone should read this!
Dear Shareholders, a company update can be expected early next week. Stay tuned!
https://twitter.com/AmfilTech
So good to be at this point with AMFE.
The 'Audit is done!' words were so sweet on so many levels:
Quote:
Toronto, ON, Sept. 13, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Amfil Technologies Inc. (OTC: AMFE) is pleased to announce that our company auditors, RBSM LLP, have completed and signed off on the multi-year audit of the company’s financial statements. The company has submitted the required information with the OTC Markets Exchange to up-list from OTC Pink to the OTCQB Venture Market. The company is hopeful that through continued advancement and expansion, a second up-list will occur to the OTCQX Exchange later this year.
Many things to look forward to:
Increases in:
- Locations
- Accounts
- Exclusive SKUs
- # Self Published Titles
- Geographical Territories
- GRO3 Contracts
- New NSI exclusive distributor agreements
All these things will be massive DRIVERs of investor interest:
- Uplist: First QB then QX in short order
- Institutional Investor Interest
- Greatly increased cash flow in revenues
- Spinoff Dividend DATE OF RECORD: This is going to be a cool driver as the window closes!
- New Strategic Acquisitions?
- Many more NEWSWIRES picking up AMFE, and AMFE getting more valuations.
- The SNOWBALL effect of the Snakes BRAND, NO OTHER BGC has one, its like if only Starbucks existed in the coffee world!
There is SO much to look forward to.
JUST REMEMBER:
REAL BUSINESSES BUILDING REAL COMPANIES OF REAL VALUE TAKE REAL TIME AND REAL RESOURCES
Roger HAS PROVEN to deliver in the end, time after time, the growing millions in revenues is the proof. However, quite OFTEN the target schedule and actual are a bit off! THIS HAPPENS GET USED TO IT! There is NO successful business where this doesn't happen.
ALWAYS LOOK AT THE FOREST OF AMFE, DON'T BLOW SINGLE TREES OUT OF PROPORTION
Current fundamentals, including share structure and debt structure are very strong and very normal level, even surprisingly strong for a company at this stage.
Unlike most OTC pink stocks. Their strategy to increase revenues is working.
They don't just talk about being audited someday
They get AUDITED
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Completes-Multi-Year-Audit-and-Submits-for-Uplist-to-OTCQB-Confirms-2017-Year-End-Revenues-of-816?id=203675
They ACTUALIZE revenues.
https://www.otcmarkets.com/stock/AMFE/disclosure
They don't simply forecast revenues, or talk about a conference they are going to with a big name like Walmart.
They GET Walmart as a customer:
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Announces-A-Firm-PO-Received-From-Walmart-For-Multiple-Of-The-New-In-House-Published-Game-Titles-?id=197397
They don't talk about growing.
They GROW:
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Is-Pleased-To-Announce-The-Opening-Date-For-Midtown-The-Third--Largest-Snakes--Lattes-Corporate-O?id=174595
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Announces-The-First-US-Based-Snakes--Lattes-Inc-Location-In-Tempe-Arizona?id=187149
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=202584
And Growing Q over Q for a Y to Y comparison which is what is done for a seasonal business.
They don't just talk about expanding they ability to generate more revenues
They EXPAND
https://www.otcmarkets.com/stock/AMFE/news/Snakes--Lattes-Inc-Announces-The-Awarding-of-Additional-Exclusive-Distribution-Rights-to-Hit-Game-Titles--The-Upcoming-A?id=186872
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Announces-New-Snakes--Lattes-Exclusive-Distribution-Rights-Updates-on-Game-Publishing-Timelines-a?id=203960
They don't talk about a future of a better share structure
They just DO IT:
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Discusses-Upcoming-300M-Authorized-Share-Count-Reduction-Common-Share-Reduction--Other-General-Up?id=168395
The big picture is this is a quickly growing and successful company. As a holding company, it will acquire many business over its duration. Ideally every single one will be a hit, some will do just fine to good, and some might get divested as they don't align with the current business overarching strategy.
The scoreboard for any growing company is the revenues. Revenues open doors, simple as that.
No revenue, no company unless massive toxic dilution.
AMFE has an excellent scoreboard. Simple as that.
So, seeing as everything else has come to fruition quite nicely.
AMFE won't just talk about getting on the QB.
They will get there, and then a fast jump to the QX:
In the meantime.
There are literally millions being made, day in and day out.
This is not 2 guys 1 computer where they say they made money and you don't know if they do.
This is an easily verifiable company, the sheer amount of customers and reviews.
The third party articles, the big box retailer orders.
Do your due diligence.
Look at the forest.
$$$$ AMFE $$$$
Replies:
I know Plow, but it is never good
dealerschool2006 on 9/29/2018 12:38:05 PM
A BUNCH OF OLD amfe "NEWS", COUPLED WITH
DeerBalls on 9/29/2018 1:01:18 PM
Looking 4 the UPLIST NOTIFICATION Woot!
N_D_K_Hey on 9/29/2018 6:10:03 PM
Report TOS
These could be the master franchises.
There is no need for specific locations to have their own Twitter accounts. If you think about it, Toronto has 3 locations, but there is only 1 twitter handle.
My guess is that these new tweeter accounts are the Master Franchises.
Tell me the truth. After all that has been reported (and not reported) do you really think ANYONE invested here because of GRO3?
I very much doubt it. AMFE is Snakes&Lattes at this point. If, at this point in time, anyone believes AMFE will trade in the dollars (as so many of us do) it’s only because of Snakes&Lattes.
Of course, if management brings news of more revenue streams, they will definitely be welcome, but for now, we mostly care about S&L. Anything and everything else is just the cherry on top.
Hey Aggie, now that the audits are done, what’s your opinion on the firms you know? Do you think they are waiting for the uplist before investing?
For his sake, I hope he bought way back down in the .08s
Amfil Technologies Inc. Announces New Tier Of Franchise Licensing Called The Master Franchising Program For Strategic Expansion into Key North American Territories
Press Release | 12/07/2017
Toronto, ON, Dec. 07, 2017 (GLOBE NEWSWIRE) -- Amfil Technologies Inc. (OTC Pink: AMFE) is pleased to announce the details of the newly added tier of franchising licenses for Snakes & Lattes Inc., titled the ‘Master Franchising Program’. The Master Franchising Program was developed to expedite the company’s expansion throughout the North American markets and is being offered only to qualified candidates representing select strategic territories.
Details of the Master Franchising Program:
The Master Franchising Program has been developed with the purpose of opening Snakes & Lattes Inc. hubs to assist with the training and monitoring of the other franchised locations in a defined territory. The Master Franchising Program allows for the expedited expansion of franchising into the U.S. Market by establishing Master Franchises in select territories. Each Master Franchise will subsequently open additional franchises in their territory, all of whom will be required to pay royalties to Snakes & Lattes Inc. Corporate head office. Simultaneously, Snakes & Lattes will continue to open new corporately owned locations in other regions of North America.
The Master Franchise License will provide the license holder the rights to sell franchises in the geographical area defined in the licensing agreement. The License allows the holder to collect royalties as well as training and advertising fees from the franchises in their defined territory, a percentage of which are paid to Snakes & Lattes Corporate Head Office.
In addition to operating as a Board Game Bar/Café, the initial location opened by the Master Franchise Licensee will act as a local distribution hub and training center for all further franchises in their territory. The Master License holder will have direct communication with, and have access to, the support and resources of Snakes & Lattes Corporate Head Office. This includes an initial training course at the head office in Toronto with our management team and specialized ‘Game-Gurus’.
The objective of the Master Franchising Licenses is to establish local ‘Flagship’ locations that operate in a true working partnership with corporate head office. This will ensure that each franchise operates in alignment with the standards set by the company and is successful in both profits and customer satisfaction. This information can then be directly relayed to the franchisees in the defined territory and further monitored by the Master Franchisee of that territory.
The company continues its strategy of aggressive expansion throughout North America, and it is actively entertaining proposals and applications for Franchising and Master Franchising Licensing for a number of North American regions. For more information regarding a Snakes & Lattes Inc. franchise opportunity please contact the company at investors@snakesandlattes.com
As mentioned in our last press release, Snakes & Lattes Inc. plans to open its first U.S. based corporate-owned location in Chicago in early 2018. The franchising team intends to co-ordinate the corporate penetration into the U.S. market with Master Franchise locations, as well as individual franchise locations to rapidly create a strong presence in the U.S. upon official launch. Further updates relating to the expansion of Snakes & Lattes Inc. will be released as they continue to develop.
“The Master Franchising Program will allow the company to expand into the U.S. market at a far greater rate compared to the individual franchising licenses,” Stated Roger Mortimer, CEO of Amfil Technologies Inc. “We intend to have a significant presence coast-to-coast and stand firm in our resolve to make Snakes & Lattes Inc. a recognized household name globally in the very near future. Stay tuned, because we are just getting warmed up.”
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Announces-New-Tier-Of-Franchise-Licensing-Called-The-Master-Franchising-Program-For-Strategic-Exp?id=177484
Remember the Master Franchise system. Those ought to be the ones being set up now. They also charge fees for training employees from surrounding franchises .
When are the next financials due?
I say let bygones be bygones. Everyone should be welcomed in the AMFE train!
“Many of the previously announced and visited locations are in various stages of progress with either investors, landlords or realtors. Shareholders can expect updates regarding the new Snakes & Lattes locations as the deals progress over the coming weeks.”
Many of the previously announced and visited locations are in various stages of progress with either investors, landlords or realtors. Shareholders can expect updates regarding the new Snakes & Lattes locations as the deals progress over the coming weeks.
— Snakes & Lattes Inc. (@SnakesLattesInc) September 24, 2018
We are already so close to the uplist, why not wait a little more? The audits are already done, and that in itself should have distinguished us from the vast majority of the stock here, yet we are not 1000s of % up.
It just goes to show how bad this place is. Let’s just wait until we are in the QB. It won’t be much further anyways.
I get where you are coming from, but I think there are many things we must consider as well.
For example, investors speculate. That is part of their nature. What do they want to invest in? Do they want something really steady? Are they willing to take risks? There are different things that help the investor speculate on how the stock is going to behave in either of those scenarios.
Now, when we consider investing in AMFE we do so because we believe that there is a huge possibility for growth. Why? Because we foresee many catalysts taking place which may have a huge impact on the PPS.
These catalysts are:
1. The audits
2. Uplist / dividend
3. Release of financial statements
4. Opening more locations
5. Distribution deals
6. Publishing
Those are mostly based on Snakes&Lattes but we can also consider the possibility of:
7. GROZONE news
8. NSI news
9. Possible new acquisition
Now, if we study these catalysts we see that, while there are definitely some things which will happen short term (up list, dividend, release of financial statements), most of the catalysts are actually long term.
For example, yes the opening of Tempe will be huge, but we might not see the full impact that it has on the bottom line until at least 12 months have passed, when we can see how it has done in a full year (btw I hope we get some analysis from the company as to the impact of Midtown)
Franchising will be huge for us, but by necessity that will take some time. I know we might be a bit impatient, but we should not forget where we came from and how much we have actually advanced in what, less than 2 years under Roger? Guys, let’s not forget that by this time next year Snakes&Lattes is projected to have 9-10 locations...and that is not even franchises, those are JV. I know that we all want to have 100 locations, but a journey of a 1,000 miles begins with a single step.
Distribution is another thing that is a key aspect of our business, but much of the work that happens in that branch happens behind the scenes, and again, we ARE seeing progress. Don’t forget that recently a PR was issued where we got EXCLUSIVE RIGHTS on an entire product line. Guys, thats huge. And the same thing will happen on the US. That is the business that we own. Yes guys, we actually own an ACTUAL business.
Publishing. Another huge one. I know we have beaten this horse to death, but this will continue to be important until proven otherwise. Things to look for here:
1. Release of the product
2. Sales/distribution of the product
We are expecting the games to finish production in time for this holiday season. How will they sell? Will they be a hit? Even if they are not, will the profit margins be large enough to make it worthwhile? There is a lot to look for here, but again, the odds of the game doing well are pretty darn good, just because Snakes is what it is, and they are pretty good at what they do.
To wrap things up, this is me just basically saying we should always try to look at the bigger picture...because there IS a bigger picture to look at here. The big picture is so large that the price action of the stock from its conception up until this moment pales in comparison to what the price action can be in the future.
In my opinion the most important question we should ask ourselves, as investors is : how much money can this business actually make? Consider that up until this moment Snakes is set to generate nearly 15 million dollars. They have already (without Q4 ) made 11 mill. This is without Tempe; without the exclusivity of the entire product line; without the other JVs that will open in the US; without publishing; without distribution in the US (which will be our next big step)...
Guys, what if 1 of the games released by Morning is a hit?
What if several of the games sell moderately well?
What if distribution takes off?
What if franchising takes off?
How much money are we set to make...in what ALREADY is a BILLION dollar industry?
Damn that’s a huge spread
“The US Expansion Team is setting up next round of trips over the next few weeks. The team is planning first visits to Florida (Orlando, Miami, Tampa, Jacksonville), Virginia (Richmond, DC, & more), Boise, ID & Tennessee. Email investors@snakesandlattes.com for appointments”
“Many of the previously announced and visited locations are in various stages of progress with either investors, landlords or realtors. Shareholders can expect updates regarding the new Snakes & Lattes locations as the deals progress over the coming weeks.”
“Updates on upcoming conference attendances, sales, new and upcoming titles and debuts, new distribution and overall Snakes & Lattes Inc. expansion to be released over the course of the next few weeks. #WorldDomination”
Trolls, just to let you know, the only thing that could cause the longs any real fear was the lack of audits.
Audits are done.
I suggest you buy some AMFE ASAP
Well boys and girls the show is about to begin. The train is about to leave. It could happen at ANY time.
It can be something as subtle as waking up finding that the symbol on the OTC changed from PINK to QB from one day to the next.
It can be one single whale who gets too impatient waiting for this to go to the QB and decides that the audits are enough confirmation for him/her.
It can be a group of people who start connecting the dots....or see the charts...
Tick
Tock
Do you have enough AMFE stock?
AMFE only ever had 1 real negative, from a fundamental point of view, which was , of course, the lack of audits.
The numbers posted where ALWAYS great, but there was always the lingering fear: could they be lying?
A very honest fear, truth be told. That fear no longer exists. Official numbers are out, and there is now an EXTREMELY compelling story to be told:
1. Management promised that they would audit the company. They did. Management also promised that they would up list, and with the audits, they will. This can no longer be questioned. Period.
2. Management has been not only transparent, they have also been conservative.
3. Revenues have consistently grown.
4. Management is REINVESTING heavily on the company.
Why should AMFE trade at a higher multiple than it is? Because of the money that it has produced? Yes...and no.
The revenue produced by Snakes&Lattes are concrete results that what they are doing is working. When you invest in AMFE you do not invest in a pipe dream. You invest in something real.
That, however, is not the reason why AMFE should trade at a premium. The potential for growth - for massive growth- is not only real, it is palpable. Distribution; Franchising; Publishing. The potential for massive growth, and massive income, is there. Anyone who takes 10 minutes of his time to study the company will see why.
I think that the best possible scenario would be that the initial volume was just longs getting back in.
That would mean that AMFE still has that much more space to run.
But word of mouth IS a marketing strategy.
It is also the cheapest form of marketing.
Of course, it should not be the ONLY form of marketing.
So, Seaton, where do your charts see this headed?
Drop the friggin mic!