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Where is the Propeller coffee from?
Best coffee comes from the Caribbean, Latin / South America, hands down.
Oooohhh it’s heating up!!
Get your shares!! Free dividend coming once we uplist!!
“The recently formed Snakes & Lattes USA Expansion team has already made significant strides in terms of growing the brand in the United States. We are currently in negotiations with 23 separate locations for potential Snakes & Lattes franchises/joint ventures by interested parties. Negotiations at this point are preliminary as we wait for the audited financial statements to be completed allowing us to discuss definitive franchise agreements.”
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-AMFE-Provides-Update-on-Snakes--Lattes-Inc-Expanding-Retail-Distribution-and-Publishing-Operation?id=196115
23 posible franchises from the get go!!
Amfil Technologies Inc. Completes Multi-Year Audit and Submits for Uplist to OTCQB, Confirms 2017 Year End Revenues of $8,168,251 and Year Over Year Increase of +3500%
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.
That’s the thing, we ARE getting hyped...because REAL news is happening!
The 4th REAL location is set to open soon.
May I remind everyone that this is going to be a CORPORATE location? And yet it was funded by a PRIVATE investor? This is MASSIVE!
Midtown is the largest location to date, and it was funded by the company. This has a very obvious impact on the financials. But Tempe?Tempe is going to add to the bottom line from day 1!!
It will be very interesting to see how Tempe impacts the revenues.
Not only that, we already know of 4 more joint ventures (pre audit)...
Post audits? The whole world opens up! Starting by the 23 people which were in preliminary negotiations pending the audits!!
Is there a reason NOT to be hyped???
I’ll let you in on a little secret....
Shhh, don’t tell anyone but...
SNAKES IS GOING TO EXPLODE!!!
AMFE JUST GOT AUDITED! UPLIST TO QB NEXT! DIVIDEND INCOMING! TONS OF DD!!
AMFE JUST GOT AUDITED!! UPLIST TO QB NEXT! DIVIDEND INCOMING! TONS OF DD!!
“Following the audit and uplist, the company will execute a spin-off of the Interloc-Kings Inc. subsidiary into a separate publicly traded entity, which all shareholders at the date of record will receive shares in.”
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Provides-Update-on-Audit-Completion-Uplisting--Dividend-Franchising-and-General-Company-Operation?id=172516
Amfil Technologies Inc. Announces Shareholder Dividend From Subsidiary Spin-Off
“TORONTO, ON--(Marketwired - Jun 21, 2017) - Amfil Technologies Inc. (OTC PINK: AMFE) is pleased to announce that it has decided to spin-off the Interloc-Kings Inc. subsidiary into a new public entity, leaving Snakes & Lattes Inc. and GROzone as subsidiaries of Amfil Technologies Inc. (AMFE). In conjunction with the spin-off, shareholders will be awarded with a one-time share dividend in the newly formed entity based upon their holdings of Amfil Technologies Inc.
Overview:
Interloc-Kings Inc. will spin-off into a new public entity
Snakes & Lattes Inc. and GROzone will remain as subsidiaries of Amfil Technologies Inc. (AMFE)
Shareholders of Amfil Technologies Inc. will retain all holdings in Amfil and in addition will be awarded shares in the newly formed entity.
Management is in the process of reviewing an acquisition for the new entity which would significantly increase shareholder value.
Further details relating to plans for the new entity will be released as they develop.
The spin-off will occur upon completion of the previously announced company audit, form-10 re-registration to become fully SEC reporting, and up-list submission...”
“Management will determine a record date, all shareholders of Amfil Technologies Inc. (AMFE) on the record date will then be awarded a pro-rata share dividend of the new entity which will house Interloc-Kings Inc., the amount of which will be based upon their holdings in AMFE. Amfil's management feels that the spin-off of Interloc-Kings Inc. is the perfect opportunity to provide a well deserved bonus to our loyal shareholders, with potential for significant growth moving forward for their holdings in both entities.”
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Announces-Shareholder-Dividend-From-Subsidiary-Spin-Off?id=162673
Sounds a lot more exciting now doesn’t it?
I think that the Longs here deserve several rounds of applause.
These past few months have been EXTREMELY difficult to deal with.
But, we held our faith, and we were rewarded.
Were we rewarded by today’s action?
Yes and no.
Yes, it is awesome to finally see a day like today after all we’ve been through...but this is NOTHING. Not for us who know where this is going.
We were rewarded in that the ONLY negative thing about AMFE has now been settled.
We’ve been rewarded in knowing that our faith in the CEO was well placed. He promised an audit, and he delivered an audit. Furthermore, we now can be convinced of 2 things:
1. The numbers given by the company up until this point were correct.
2. The numbers provided by the company up until this point were conservative.
This is further proof that Roger knows how to grow the company...RESPONSIBLY.
As a shareholder this is extremely valuable information because it helps give me peace of mind.
And as we know, this is only the beginning!!
Next up?
1. Uplist
2. Dividend
3. Tempe grand opening
4. Negotiations can continue for 23 franchises.
5. Institutional investors
Now that we FINALLY have the audits, a horrible chapter closes, and MANY BEAUTIFUL chapters can begin!!
CHEERS!!
So, Snakes&Lattes is asking on Twitter where should they go to next. They are treating it as if it were a game of risk. This is what @indiegamealliance responded with:
Our Orlando gaming community is huge and growing, with several major conventions and e-sports events held here annually. Big tourist spot with Disney, Universal, Sea World, etc. You'd have loads of support.
Reasons to buy AMFE
1. They are audited
2. They will soon uplist to the QB
3. They will also issue a free dividend of shares to existing shareholders.
4. They have a working business
5. The business is expanding.
6. They just broke into the US market.
7. By this time next year we may have over 9 locations throughout the US
8. Now that we are audited, we will be able to franchise.
9. 23 people are already interested in opening a Snakes&Lattes
10. It is still very early in the party
11. The games made by Morning are set to be released by this holiday season.
This is a huge boost to Roger’s credibility.
The audited numbers didn’t change that much from the unaudited ones. In fact, they changed to the upside!
Roger was not only telling the truth the whole time, he was also being conservative while doing so.
Before, people could claim that they couldn’t trust Amfils numbers, that any company could put on any bogus numbers that they wanted to...
Well, here we have a respected auditing firm saying that these are the numbers that should be trusted...and lo and behold: the numbers are better than what Roger claimed.
What an awesome CEO
We always knew what the numbers were. That was never the issue. We TRUSTED the company.
Other people? Not so much. They didn’t trust the company’s numbers.
That’s what the audits are for!
This is a 3rd party saying that the company has been transparent all along!
We are currently in negotiations with 23 separate locations for potential Snakes & Lattes franchises/joint ventures by interested parties. Negotiations at this point are preliminary as we wait for the audited financial statements to be completed allowing us to discuss definitive franchise agreements. Once the audit is completed, we will move to the next step of negotiations and the U.S. expansion team will visit each proposed location to further qualify candidates, locations, and business plans.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-AMFE-Provides-Update-on-Snakes--Lattes-Inc-Expanding-Retail-Distribution-and-Publishing-Operation?id=196115
Guess what??
AUDITS DONE!!
Holy mother of God!!!!
YESSSS!!!
LET ‘ER RIP!!!
Sweeeeet!!!
Dude!! Check Twitter!!
REMEMBER THESE NEWS???
We are currently in negotiations with 23 separate locations for potential Snakes & Lattes franchises/joint ventures by interested parties. Negotiations at this point are preliminary as we wait for the audited financial statements to be completed allowing us to discuss definitive franchise agreements. Once the audit is completed, we will move to the next step of negotiations and the U.S. expansion team will visit each proposed location to further qualify candidates, locations, and business plans.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-AMFE-Provides-Update-on-Snakes--Lattes-Inc-Expanding-Retail-Distribution-and-Publishing-Operation?id=196115
Guess what??
Audits done!!
23 FRANCHISES?!?!
WORLD DOMINATION
Wait!!! Guys!!!
Does this mean we will also uplist tomorrow to QB????
OMG!!!!
I’m so incredibly happy!!! I swear I feel like crying!!!
CHEERS TO ALL THE LONGS!!
Aggie, you asked for a birthday gift!! Here it is!!!
Happy b day dude.
Dang!
Now that’s what I’m talking about!
Guys, the profit margins on this game, (AND THE REST OF THE GAMES MADE BY MORNING) will be huge!!
We have to have some vision here folks! That’s one game, there are more in the works.
Snakes&Lattes will ensure that the games made by Morning will have all the advantages of the designer nights!
The game gurus will know to push these games as well!!
Other board game cafes will buy these games from us!!
Big box retailers (like WALMART) will buy these games as well!!
This is only the beginning!!
And this is why?
At one point we have to take ourselves seriously.
“....down to no bid”
Come on. Let’s remember our financials please:
Q1 2018 - $5,9 million
Q2 2018- $3.3 million
Q3 2018 - $2.4 million
ALL OF 2017- $6.6 million
Let’s do some SIMPLE MATH:
Q1+ Q2 + Q3= $11.6 million.
As it stands RIGHT NOW we are almost 50% over what we did last year.
And we continue to grow! We will soon have 4 locations, next year we will likely have 8. Revenues will grow! And you claim this will go to no bid?
Come on.
Guys, we have to look forward here. That is our responsibility as investors. The CEO has presented us with his vision for the future. Our responsibility is to try to connect the dots, to try to see if such a vision has a future. I ask you, what do you think will happen to Snakes&Lattes? Do you think it will make more money than it is making now? Do you think that growth is possible? How much do you think Snakes&Lattes can grow? How much money do you think Snakes&Lattes stands to make? Do you think that this can become a billion dollar company? If so, why?
In the meantime, I’m not worried about holding this stock long. The audits will get done, but we are seeing how he company is growing. We should never lose sight of that.
If they just wanted to expand their physical locations only, we would have many more locations by now. Or maybe we wouldn’t.
We have to understand that Snakes&Lattes is so much more than just the physical locations. It’s their distribution, it’s their publishing. And they are expanding on ALL of it. They are building a HUGE barrier of entry for other companies that want to compete against them in the future. Yes, there are many game board cafes, but you can only invest in 1. The fact that these spaces keep popping up is a great verification that there is a lot of strength to this trend. A trend which is making a lot of money, and if you want in, you have to invest in AMFE.
The criticism of lack of GRO3 news is true. While we do know that something is in the works, news has been promised for a long time, and no news has appeared yet.
That said, the news of how expansion is doing in the US is by no means “small news”. We have currently 3 (soon to be 4) locations, and 4 more LOIs for new locations. That brings us to 8. Plus, there is the possibility of a new location popping up in Las Vegas.
While I think we all know Snakes&Lattes is going to NASDAQ, it I sent there just yet, but it will get there thanks to news such as these. These were incredible news, and we shouldn’t normalize them. Just think about it! How many other companies in the Pinks have 2 locations? Physical locations? We are set to get 8! By this time next year we could very well have more than 10! There are 23 people interested in getting a franchise!!
We should never underestimate those news, nor should we forget them. Remember, NOBODY knows what Snakes&Lattes is yet! The concept is new! The brand is barely just getting recognized now! AND YET, 23 PEOPLE WANT IN!
What do you think will happen once the customers start liking the concept? (And they will) You guessed it, more people will want to invest in a Snakes&Lattes. That number is huge, we have to take into account that to the vast majority of entrepreneurs, Snakes&Lattes is still a work in progress. That will change once they see that there is money to be made. And we already know there is money to be made!
Those 4 LOI were HUGE! Nobody should think otherwise.
Guys, we have to look forward here. That is our responsibility as investors. The CEO has presented us with his vision for the future. Our responsibility is to try to connect the dots, to try to see if such a vision has a future. I ask you, what do you think will happen to Snakes&Lattes? Do you think it will make more money than it is making now? Do you think that growth is possible? How much do you think Snakes&Lattes can grow? How much money do you think Snakes&Lattes stands to make? Do you think that this can become a billion dollar company? If so, why?
Those are the questions we should ask ourselves.
Lol I get you. Life would be so much easier if the stock was already at $4.00.
I’m just saying, things will get done when they are done. Management has shown us their strategy, and the strategy is showing results.
This stock reminds me of the add: “set it and forget it!”
Only in this case is “Buy it, hold it, and forget it!”
I hope so as well, but where does the evidence point to?
Revenue is king.
More locations will open soon.
More locations will help expand the brand.
As the brand grows, it will become easier for the distribution team to get more deals.
Morning Plays will continue to make more games. Those games will be to us what software was to Microsoft.
As the company grows, we will acquire more game making companies.
We will get more locations (there are 23 people interested in creating a franchise)
We will get more revenue. Revenue will push us to a higher PPS. It’s not a manner of if, it’s a matter of when.
Wanna invest in AMFE? Look up Snakes&Lattes. That is the main driving force of the stock. It’s an ACTUAL business that makes ACTUAL money (imagine that) and is ACTUALLY expanding.
They are about to BREAK into the US market. A new location in Tempe AZ, was COMPLETELY FUNDED by a PRIVATE INVESTOR, but will become a CORPORATE location. New LOI have been submitted for 4 more locations, and by this time next year we could see 10 locations (or more!) for Snakes&Lattes.
The business consists of a mix between retail/locations; distribution and [now] publishing.
The business model has been in play and perfected the past 8 years.
They are working diligently on obtaining new distribution deals. Currently have many EXCLUSIVE distribution rights to many games in Canada, and many Kickstarter campaigns prefer to distribute their games through Snakes&Lattes.
They recently acquired Morning Plays (a game making company) in an ALL CASH DEAL for $150k, and recently announced that WALMART issued a PO worth “...over 6 digits” [XXX,XXX]. This is very telling because this deal could cover what the Amfil Technologies paid for Morning Plays. The curious part? The games have not even come out yet. They are expected to come out for this holiday season. Furthermore the games made by Morning Plays will help improve the gross margin of the company, because once the game is made, they can continue to sell it and gain money from it as long as they want to. This is akin to how software helped Microsoft gain higher gross margins for their earnings.
The company is growing at an incredible rate, and you should be a part of it!
What lack of performance are you talking about? Snakes&Lattes (the main subsidiary of Amfil Technologies) has shown consistent growth, consistent expansion; consistent exclusive distribution deals; is now about to enter the US market; and is about to kick off its publishing division with a bang.
What lack of performance are you talking about?
Aristotle once famously wrote that every extreme is bad, and usually the truth lies in the middle. Here, as in other places, there are two sides of the story. There are people who are believers of the company (not the stock) and there are people who are completely against the stock (and perhaps the company).
That said, the information readily available to us supports the idea that the company is growing and doing well. It also supports the idea that Roger has given incorrect timelines before. That is true. But incorrect timelines do not cancel out the company’s growth. As an investor a question I ask myself is “what am I investing on?” “Am I investing in the company, or in Roger’s ability to communicate a timeline?”
My answer is that I am invested in the company. As long as I see the company grow, I can hold myself at peace. Why? Because as the company grows, so will the revenues, and higher revenues mean higher PPS. And yes, I can see the growth. I can see that a new location is about to open in the US, and I trust the team behind the expansion when they state that new locations will come.
The other side of the story, the trolls, claim that everything is bad. Is their story believable? It is completely lacking of evidence! The only thing they have going for them is the number of times that the CEO has “thrown an egg on his face”. The trolls seem to be heavily invested in the CEO’s ability to communicate a timeline.
As an investor, for me, the most important thing is the revenues. Is the company generating revenues? Is there a possibility that they will generate more revenue in the future? What is the gross margin of revenue that the company keeps for itself? Is the management working towards improving that margin? Do they have a strategy in place or is this all Willy nilly?
The answer to all those questions is positive. Snakes is bound to grow by leaps and bounds...and it is happening right before our eyes. To compare that growth to what the trolls are saying is laughable.
And yet we can SEE 3 (soon to be 4 locations) of Snakes&Lattes...
We can SEE the amount of employees hired by Snakes&Lattes...
We can SEE the huge warehouse space needed to house all the inventory....
4 new Letters of Intent have been submitted for new locations...
1 new investor wants to see if it’s possible to build a location in Las Vegas...
Can you not SEE the growth?
Exactly this. For some unknown reason, people are not paying attention to the rate that Snakes is growing; the way Snakes is growing.
These actions are not random, they are calculated and planned. Snakes is growing just as they said it would, we are only now seeing the results.
Snakes also shares many characteristics with other companies that trade at 10x or more of their earnings.
And what is this famous “penny stock mentality” you accuse the CEO of having?
Care to explain? I fail to see how more locations, more exclusivity deals, more distribution deals, fall only on the shoulders of an accountant.
2 things:
1. Maybe any one could give a business owner some money, but there was only 1 who did: Roger.
2. Chocking the business? That business is flourishing. It is growing, and it is expanding at an incredibly fast rate. Almost any monkey would call that the opposite of “chocking”