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Lol I very much doubt it. Snakes&Lattes Twitter feed is playful. They don’t talk business
Lol I still don’t understand.... hehe
What’s with that ridiculous spread?
Yea, what about the firm that you know? Now that the audits are done, do you think they already got in? Or are they waiting for the uplist?
These prices are EXTREMELY cheap, and I will tell you why:
1. Audits are done. No one can now deny the fundamentals of the company.
2. We are about to up list to the QB. This is no longer an opinion, this is a FACT.
3. The 4th location (and FIRST in the USA) is set to open in a few weeks or so
4. A 5th location is now being planned for Charlotte, NC
5. We recently got EXCLUSIVE distribution rights to an ENTIRE product line in Canada
6. Once we Up list, the company will spin off one of its subsidiaries and we will receive a one time dividend depending on our holdings in AMFE.
7. 23 locations were in negotiations and were pending on the completion of the audits.
Why are you worried? BUY THE DIPS!!
Looks like the Twitter for S&L Tempe has a new original design
ANNOUNCEMENT: Snakes & Lattes is coming to Charlotte, NC! Recently announced LOI for S&L Charlotte is now an official JV. Location scouted & received signed LOI from landlord today. Planning & Design process has begun. Further details coming soon! #NorthCarolina #Charlotte
That’s 5 locations folks!
I think that now that we are audited, the odds that we do get listed there are pretty high.
You should write Roger and give him that suggestion.
Locations now coming on at a quicker pace...this is VERY good
I can’t wait until the first Master Franchisee makes his move.
I think Clay likes AMFE. It certainly seems he hopes that the staircase continues to build itself lol
Yea but Opening locations hasn’t been the entirety of the job done lol.
What about everything else? Distribution, the acquisition of Morning etc etc
Opening new locations cost a lot of money, and we have been expanding the way we gather revenue.
I bet we will soon start seeing 2 locations announced at a time.
And once franchising really starts kicking in, we could see way more than that being worked on at a time.
I haven’t got the foggiest clue, but I’m sure it will happen.
Today’s price action is irrelevant. With the AUDITED financials out, the price is going to climb a LOT higher. YOU know it, I know it, WE ALL know it.
The AUDITED financials are the final proof of fundamentals.
“But .. but ... but.. we are in the PINKS!!”
And thanks to the AUDITED financials, we WONT be in the Pinks for much longer. This is no longer an opinion. It’s a FACT. We WILL up list to the QB, the spin off WILL happen, and we WILL get our dividend. This is no longer a matter of IF. It’s a matter of WHEN.
If you think we are anywhere NEAR our new highs, you are frankly delirious.
Revenues are going to explode. We just got exclusivity to an ENTIRE product line in Canada, and once we start breaking into the US, we will also start getting exclusivity deals over there as well.
Tempe is set to open really soon, 4 more LOI have been obtained for more locations, by this time next year we will have 10 or more new Snakes&Lattes in the US, and now that the AUDITED financials are done, franchising can finally be aggressively followed up on.
The future looks EXTREMELY bright for us longs. This battle has already been won.
Lol I agree with both sides here.
It is always better to temper expectations...
On the flip side
The hard part is already done.
Even if submitting the paperwork somehow took months, we already know it’s something that is certainly coming.
The difficult part was always completing the audits. We already passed that trial, the rest will be easy by comparison.
Last year Snakes&Lattes created a publishing division. Recently they bought a game making company (Morning Plays) in an all cash deal.
So basically yes, they are also in the publishing business. In fact, a PR was released today in which they explained how their first games are set to be released for this holiday season.
They have a large number of pre orders thanks to Kickstarter, and a firm PO from Walmart.
With the audits finally done, there is definitely nothing to worry about. What possible negative does this company have?
The only negative was that it was too good to be true....now with the financials audited we know that it both good AND true!
Those of us who have done our DD know that Snakes&Lattes is EXTREMELY UNDERVALUED right now.
AMFE’s shares are now gifts!!
Do we see .15s today?
When you invest in Snakes&Lattes you invest in:
Retail
Distribution/Fulfillment/Logistics
Publishing
Snakes&Lattes has I gained and continues to obtain exclusive distribution rights for several games.
We now just got EXCLUSIVE distribution rights for an ENTIRE LINE of products!
And this will continue to happen, especially once we start growing our brand in the USA
#BOOM
#WORLDDOMINATION
Soooo Manu moving parts in this company! Here are my highlights of today’s PR:
“Snakes & Lattes Inc. has received Exclusive Distribution Rights in Canada for the ‘Bananagrams’ product line...”
“Bananagrams has sold millions of copies in the last few years, is highly popular with over 100,000 followers on Facebook and has an impeccable rating of 4.8 out of 5 on Amazon.com.”
“The Company’s goal for the Banagrams partnership is to further develop the brand in Canada while putting emphasis on the newer games in the product line.”
“Snakes & Lattes has received the exclusive distribution rights to the following Banagrams game titles;
Bananagrams
Bananagrams (French Edition)
Bananagrams Big Letter
Fluff
My First BNG
Qwordie
Scrawl
And many more”
“Once production of the highly anticipated game titles is completed, the Kickstarter backers will receive the first copies. The Company will then move forward with fulfilling the high volumes of pre-orders and purchase orders received, including the recently announced purchase order from Wal-Mart...”
(Notice how it says HIGH NUMBER OF PRE ORDERS INCLUDING WALMART)
“The Distribution/Fulfillment/Logistics Division of Snakes & Lattes continues to thrive, recently completing over 40 campaigns for various customers.”
“The distribution division recently shipped over 10,000+ games, generating revenues in excess of $200,000 USD from those orders.”
And last but not least!
“Further updates from the company, and its related subsidiaries can be expected in the coming days.”
Back to back news coming soon!!
Lol that explains it. Sorry about that.
Most of us have learned to ignore GG, and I’m willing to bet that if you stick around a bit longer, you will learn to ignore him too.
I don’t think that profit taking is bad. It will definitely happen, but those of us who have done our DD won’t be satisfied when this hits .16, or .32, or .64...
Snakes&Lattes has the potential to become a billion dollar business, and it is not far fetched at all for this to be trading in the dollars in the not too distant future.
Awesome post. Excellent read.
In all honesty I am not sold on GRO3. I probably don’t understand the business well, and I hope that further news from the company can clear my mind. But as of this moment, I very much prefer to pay attention to what Snakes is doing.
I don’t think I have seen anyone claim to predict this to be over $5 by year end. Some have said that they believe this could hit .50 by year end.
I think with the right conditions and momentum we could see anything from .50-$1 by year end. But $5? I honestly don’t see that happening. At least not for this year.
Things that could make the PPS soar?
1. Publishing- if the games made by Morning become a hit, we could see tons of revenue (and hype for the stock)
2. Franchising- now that the audits are done, interested parties may be more willing to invest in a franchise. There are already 23 in preliminary negotiations. And we know that we should expect at least 8 locations by next year. If that number multiplies itself, it could mean a huge boost for the stock.
3. Up list- once we get off the cesspool that is the Pinks and enter a more respectable trading zone, we will be taken more seriously by more investors with deeper pockets. These last 12 months may have well been a blessing in disguise as so many people have been able to accumulate so much stock. There are less shares available to grab than there were before, so that will naturally drive the price higher once people start to slap the ask.
4. Dividend- The company will eventually announce (before the up list I assume) a date for the spin off and dividend. The dividends you receive will depend on the amount of shares you already own on AMFE. That will prove a huge incentive for buyers to buy more stock.
So I shared the microcap daily article on a Reddit forum.. it says that up until now it has gotten 1.3k views...
Hopefully that will translate itself to some buyers on Monday!
I also want to see how the locations keep adding to the bottom line.
Revenue is king
Hey Ar3, guess what??
The audits are finally done!!
Filed and posted!!
We have gone through so much, but we still have so much to do. And I mean us. You and me.
Going back to Rec’s point: what happens if Monday’s news is something that we mostly already know?
We get just as hyped about it anyways, that’s what. We have to remember that many new eyes are going to be eyeing this stock in the next few days, and much of what they read or see may come from our board.
Do we want them to see disappointment, especially after such a momentous achievement which was the audit release? Or do we want them to see excitement for all the things that we already know that are happening?
The spin off and dividend was announced almost a year ago, and yet the time to be excited for it is NOW.
Franchising and the Master Franchise plan were announced many months ago, but again, the time to be excited for it is NOW.
Why? Because those things depended on the release of the audits, and we didn’t have the audits then....we have them NOW.
We have so much to look forward to, expected things to look forward to! Our time has come! So, let’s dig into previous PRs, let’s find all which was announced but due to the lack of audits could not be done, and let’s bring that back to discussion.
Of course, this is a moving company, and we are right to expect new developments as time goes on, in which case, WE GET EVEN MORE HYPED!
Just remember, that even if we did not have any new information, we already know of several catalysts which are coming!
The best is yet to come!
Wow!!
She’s gonna blow!!
New investors will come with the QB uplist
What do you mean?
SO CLOSE!!
Audits complete!
Next up: Uplist to QB!
Spin off and dividend to shareholders of date!
Expansion to the US!
GET EM WHILE THEY ARE CHEAP!!
The tension is back! I just love this feeling! Like a run is about to begin! I am NOT missing this one!!
Looks like a 3 soldier pattern on the 5minute chart
SLAP THE ASK!!
Looks like she wants to go the extra mile today!