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Nice to see so much interest on a Friday night.
So so soooo much interest for this stock. Good sign that volume will continue to increase as Bidders keep moving their orders up.
The best stocks/stories are the ones that people can’t keep their eyes off
This stock is pushing on the top band with buyers snatching the few scraps that get dumped on the Bid... Almost nothing is being sold on the Bid now. There are some sellers on the Ask, but they are able to liquidate if they are patient. Buyers keep moving up.
We are bottoming/reversing imo, both technically and fundamentally. The MAJORITY of holders are starting to comprehend that this is the last of the pain. This high margin game launch is going to make it easy to sell for a profit at higher levels, so there is no reason to sell at these oversold levels anymore. Be savvy
... and good luck trying to get size when the masses come pounding in. This is likely the last mellow period to get cheapies and its still hard to get SIZE without pushing the Ask much
Pigi**** was designed and developed in mid 2017 - and is UGLY AF. It wasn't successful back in 2017, 2018 - and it ain't gonna be successful in 2019.
Maybe chaining oneself to the gate of Walmarts receiving department and trying to prevent these games from hitting the shelves will stop the stock from moving back up???
Heck, everything else has been tried, why not this?... anyone think we will be trading lower than .06 when this board is full of pictures and excitement?... along the company announcing/reporting record/rapid high margin growth
Can you sense the desperation for cheap shares? Not many orders are being filled on the Bid anymore.
OMG the .06 wall is falling! The evil board game company must be stopped!... sell sell sell
LMAO
Big boys should also be able to comprehend that this is just a growing pain, due to growing from low XXX,XXX revs to $XX,XXX,XXX in about 1 year... Along with we having to reformat hundreds of thousands of transactions, locate documents dating back to 1985 under multiple managements, buying a bankrupt company in a foreign country, having several major initiatives that needed to be verified/detailed, along with 2 subsidiaries, etc, etc... most companies are already uplisted by the time they reach this size. The Snakes acquisition change the dynamics so fast it caused issues. A savvy person should be able to comprehend this
This will all be overcome with time. They didn’t initiate this voluntary audit, hire new accounting staff, spend all this time and money, etc to not uplist.
I dont even care about it. It will open when it opens... we have a high margin game about to hit the shelves of the largest retailer. This could be equivalent to the revenue of a dozen+ Snakes locations, in just a years time.
Longs should just ignore this topic and focus on the more relevant near term DD. Lets not get hitched onto BS topics: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151755135
Are you insinuating that this new location will not eventually open? This whole debate seems petty.
Did Midtown open late 2017? Did Tempe open in 2018? I remember reading a lot of insignificant negative claims about them as well... now they’re both blazing hot with wall-to-wall customers paying a cover charge just to take a seat. How many restaurants can collect a cover charge?!
Seems like a lot of time is spent debating this petty subject, which will eventually become another huge source of income for the company...
In the coming months longs will be celebrating a new location(s) and anyone doubting this will once again be proven wrong. Just like they were wrong on the previous locations.
FUNN it’s about to go to from 4 to 6 locations, which is a 50% increase in less than a years time. There is no way this stock is staying this cheap. We will be making about as much with the physical locations as the current market cap, not including their strong distribution segment, the high margin self published products which are about to hit the shelves of the largest retailer, etc.
The stock is currently forming a bottom and soon we will be on our next leg higher. The longer it takes to figure out, the more expensive the tickets will get
Sadly some feel that way... but that is why we should see a nice gain when the audit is complete = relief/excitement rally
Some like to do their DD and buy before the masses figure it out, some like to wait until things are more obvious for them to understand.
I have a high tolerance for risk (or i would not trade pennies) and i think i do decent DD, so im willing to hold shares and sleep well at night... but i can understand why some are cautious
But i only see one of us providing SUBSTANCE to back their claims?
FAU sees rise in tabletop gaming despite video games’ popularity
During a time of video games and virtual reality, some students are stepping back to play Dungeons and Dragons.
October 31, 2017
https://www.upressonline.com/2017/10/the-golden-age-of-tabletop-gaming/
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Dice Age: The unstoppable momentum of the board games industry
It’s a booming sector that accounted for $9.45bn in global sales last year and saw a 24 per cent growth in the UK market. Robert Hutchins explores boardgaming’s monopoly on the toy industry.
ROBERT HUTCHINSSEP 26, 2017
https://www.toynews-online.biz/marketing/dice-age-the-unstoppable-momentum-of-the-board-games-industry
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(repost) Snakes DD: Board games are a multi billion dollar market and no other distributor has the best place (Game Cafes/Bars) to test/launch/market a new game... and no other game cafe (Snakes copycat) has distribution, so they cant easily compete with our expansion potential.
An impressive game collection like Snakes has is not cheap to purchase at retail, per location. Its a hefty investment (on top of other startup expenses) if a competitor wants to start/expand game cafes... while Snakes gets their games BELOW wholesale (distributor level pricing), making it easier to expand....
As they add Snakes locations, their ability to secure additional exclusive deals in multiple countries will grow... Each new location expands their UNIQUE marketing appeal to the game designers, whom already love Snakes! Just look at their comments/pictures online.
Also, each retailer they set up is a long term relationship for future games distribution... This is a very powerful aspect. As they start doing biz with more and more big retailers, it makes it easier for the designers to give them exclusivity.... and no doubt they will do biz with several major retailers eventually, because THEY CANT buy some of the most popular titles from anyone else in Canada ... and in other countries, soon.
All of these moving parts are working in synergy to promote and strengthen the brand across the board... Competing distributors better be nervous, cause I dont see any of them landing exclusivity, on ANY titles. That is the EARLY telltale sign of Snakes future dominance.
KNOW what you own. This is a life changer imo.
Video/article Title: Snakes & Lattes (OTC:FUNN) Saved The Unicorns, Before They Killed Them
BS point, there will be MORE future buyers than the amount of people currently invested... Several large brokers wont allow people to buy this stock right now, because of the stop sign, but based on past posts there have been people that wanted in but could not place the order. This all changes soon
Also, many just wont touch this because of the stop sign. It turns them away before they even do DD... There are people that still buy, but they need to be sold on the story for that to happen, which the company has not been doing a very good job of. I expect this aspect to improve as well.
Institutional investors also cant buy/hold this with the stop sign... We had 2 of them buying shares while we were current on Pink Sheets, but they had to sell because they are likely not allowed to hold stop sign stocks... but again, this changes with the uplisting.
These examples alone indicate that we can expect volume/interest to rise. the darkest period is passing and the people buying this pain will see the biggest gains going forward imo.
Snakes publishing DD (some)
(repost) There's an initial risk in printing these games and not selling them, but this risk is reduced significantly when you are a MASTER DISTRIBUTOR of many other hot titles.
Its harder for a small publisher to approach a company like Walmart, with no sales history or other products, which can be worked into the deal to get it done... this is why publishers seek out distributors/sales rep to move their games, which Snakes already is...
... and distributors carry MANY titles, often thousands of different games... just because you land a distributor, does not mean they will put PRIORITY in pushing your titles to the retailers. The reps will have many other titles/toys/SKUs that are making THEM money and they focus on those. You can only talk about so many games in a session.
This is where the synergy of being a publisher, master distributor AND Game Cafe (free/profitable marketing) all tie into each other... Snakes can put priority on their OWN games and push them into Walmart, Target, etc increasing volume fast.
Snakes already has sales history with Walmart.... and the largest Canadian book chain (Chapters)... and other big Canadian retailers that sell games. Snakes is on pace to OWN Canadas gaming market. Look at how many Kickstarter publishers choose Snakes now.
I love synergistic business concepts!
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(repost) Morning is a creative think tank/publisher. This is why its such an powerful acquisition for this particular company. Snakes fills in everything else they need to get these products into the hands of the masses.
Snakes even offers them a place they can play test their games with a very experienced/large gaming staff + real world customers. IMO there will be no weak games in the future. Their titles will grow in strength as Steve starts adding his EXTREMELY EXPERIENCED input on game mechanics, rule alterations, how to write precise/easy instructions, etc. Steve is a grand master at this stuff, watch his videos, listen to the podcasts, read his articles, etc. He trains all the other staff on HOW to teach games and even edits rules to make them easier for customers to learn. He is a major asset alone, esp when combined with a game publisher.
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(repost) How many publishers have distribution and game cafes?
There are a lot of GREAT games that never get noticed. EVERYTHING is about getting noticed nowadays... Weak games can sell $XX,XXX,XXX just because it was in the store, not because it was good. A customer only needs to buy ONCE
... and is there any better place to get noticed than Game Cafes, with Game Gurus that can direct customers to play the titles they want?
Many customers rely on the Gurus to recommend games and teach them... and if people EASILY learn a game and enjoy it, the odd increase that they will buy a copy before leaving Snakes, or the next time they see it at Walmart and think "Hey, that was a fun game! My nephew would love to play this with me".. Either way we make $$$
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(repost) All snakes has to do is advertise that all or part of the $8 cover can be applied to one of Mornings games , if they buy before leaving... and this is off the FULL retail price, which means they would still collect more than if they sold at wholesale
This would not only get people interested in TRYING the games while in Snakes, it would also drive per location sales. Snakes cuts out the middleman, so they would STILL make a strong profit per copy at a sexy discount price...
... and most of these customers that buy one of these copies will take it home and play with others, because most games cant be played alone. This markets the game to additional people, who then might buy a copy when they see it at the store, on Amazon, etc.
This is why the sector is booming right now. People want to do things that are more social, away from their digital devices. This viral sales process is powerful and can push a game from nothing to $10's of millions, in just months.
... and all we need is ONE of these titles to be big... or all of them to do moderately well...
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As ive been saying for months, the current revenues, net profits, etc are nothing compared to whats coming from their self publishing division, alone
No need to overthink it, just do the simple DD. They are going to push these titles hard and no other aspect of the biz will have higher margins.
AMFE could have ZERO revenue right now and a SINGLE game could make this a fairly valued $XXX,XXX,XXX company. The growth potential is not only massive, it can happen FAST.
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The Snakes & Lattes Inc. locations have been hosting game designer nights for quite some time now and with being so deeply entrenched in the table top gaming community, it has begged the question internally for many months now as to when the company will begin entering the game publishing arena and bring new titles to market in-house. Snakes & Lattes is currently positioned to manage all stages of new projects beginning from inception to product launch, and will use its current resources for research and development, product testing, marketing, and of course sales and worldwide distribution. This move would bring a far greater ROI when compared to the ROI on the current game titles that we stock and distribute, essentially 'cutting out the middleman' and allowing us to stock and distribute larger volumes and further expand into additional markets internationally.
The current costs associated with stocking game inventory is comparable to the costs to print and manufacture our own game titles, which would not only provide larger volumes for the same price, but also immediate worldwide exclusive distribution rights. We will use our retail locations as 'proving grounds' for new game titles prior to publishing in order to determine which titles will generate the highest demand. This will of course be in addition to maintaining and growing our current sheet of exclusive distributorships from other popular game producers.
The company is currently working on acquiring the rights to publish our first game to kick-off our publishing division. The first game under this initiative is currently in the works and will be developed in conjunction with an experienced game author based in Switzerland. The specifics of the game are still a closely guarded secret so no further details relating to the game will be released at this time to protect the intellectual property. We will provide further details relating to the project when appropriate to do so, likely coinciding with the upcoming Fan Expo in Toronto this August, where Snakes & Lattes will be hosting a board game café and retail store in partnership with CAH and other major publishers.
Capturing world-wide distribution as well as maximum margins from production to sale leaves the company better positioned to expand all aspects of the business, and significantly increase the rate at which retail store and gaming café locations are opened. With the new Midtown Toronto location being the third and largest location, set to open this summer and boasting an impressive 2 stories, 55 tables inside and 5 tables out on the patio all the while accommodating up to 340 customers, the company has its eyes set on the immediate expansion across Canada and the United States.
The newly formed publishing division in addition to the successful retail and distribution divisions, is expected to significantly increase profitability at a minimal start-up cost by utilizing the company's existing assets, resources, and market reach. In terms of the company's expansion, this is the most cost effective and logical step towards the company's intent on complete market domination by continuing to execute on its successful business model which has been proven year over year.
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Pic of the playtesting arena for Unicorns: This is where most of the positive online reviews were derived...
This was at a trade show. The game is tested and enjoyed... IMO this game should spike revs/profits fast...
Looks like 3 tables were for IKAN, which is another title that is close to print...
(edited) Petty claim... Its sure nice to see FUNN getting so much non stop INTEREST. People are watching close and without many Bid Whackers they might have to move their Bids up soon.
Sure feels like this is the bottom/reversal. Last to figure it out pays the most to get a piece of this future multi billion dollar brand/concept.
If other boring food/entertainment chains can run to billions, why not Snakes?... How many restaurants can charge an $8 cover to take a seat in a LARGE location, then fill every seat?
How many restaurants are also a retail store? Have distribution? Have multiple high margin retail products about to hit the shelves of the LARGEST retailer?
I bet we sell Thousands of KTU units to Walmarts 1.5 million employees, alone. lol... They will be walking by and holding it in their hand many times.
Snakes DD (some)
Snakes & Lattes segments: There are so many aspects to the Snakes sub, it blows my mind to think of all the different ways they could rapidly add to the bottom line... along with synergies between these segments...
Cafe/bar/restaurant: They can satisfy the morning to night crowds. Something for everyone... and they're able to charge a, $8 cover and still pack every table in these large locations.
Game retailer: Snakes sells games in each location + online. This revenue source has a higher margin than any other game retailer, because Snakes buys their inventory below wholesale (master distributor)
Event planning: For parties, corporate events, etc supplying food, games and Gaming Gurus... Location #3 (Midtown has a catering size kitchen which will allow them to expand this rapidly growing segment of the biz.
Marketing: Snakes can charge publishers to launch their game in style. Snakes can provide Gurus that push and teach these games. Along with marketing decor, themed cocktails/pastries/etc, drawings, sales displays, online videos, etc.
Publishing: Several games are about to launch under this new division and since they cut out the middleman, it will likely be the highest margin aspect of the biz + the fastest growing.
Fulfillment: Snakes is a fulfillment partner for smaller game designers. They ship individual Kickstarter orders out to Canadian Backers... FYI, gaming is the #1 most funded section on the Kickstarter site, ahead of Tech at #2. As Snakes locations expand into the USA, i expect their Fulfillment contracts to expand there as well
Master Distribution: Snakes is a master distributor for exclusive and non exclusive game titles. Along with several new products added through the Natural Stuff Inc acquisition. They sell to Walmart, Chapters, Amazon + anywhere that carries the hottest games.
Franchising: Big potential for this segment. Many people want their own location. Snakes would do well in any big city.
What am i missing?
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Snakes Workforce Photo: This is not a 2 person penny stock pretending to be bigger than they really are. Amfil has the workforce to handle whats coming...
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Publishing: A single self publishing deal could double annual revs by itself, with very strong margins... IMO Snakes has extremely high odds of hitting a winner on their first deal. They have game designers on their staff that study EVERY game on the market and make video/podcasts about them online... Plus, they know which types of games sell via the observations from thousands of customers that come to Snakes.
In their videos/podcasts they critique everything from the gameplay/dynamics to the artwork... They KNOW their stuff and are in the perfect situation to select great titles.
A single red hot game can match the revs of a dozen Snakes locations... and it will be the highest margin deal Snakes will make, since they cut out the middleman and have exclusivity from day 1, worldwide
This is one of the least discussed topics, but possibly the biggest thing they have going... They could drop several hot titles on the market and make 9 figures having exclusivity worldwide.
#lifechanger
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Snakes in the perfect position to push a game and get it KNOWN...
4 friends walk into Snakes. The Game Guru talks them into trying the new self published title. Guru quickly teaches game to table, which gets them playing faster, with little hassle... 1 of 4 players sees the title at a promotional price while leaving and since they just learned it and had a great time playing, she decides to take one home. Just so she can beat her boyfriend one more time!
3 weeks later a different group of friends are at her house and she pulls out the game... 4 new people quickly learn how to play from her mimicking the Game Guru... 1 of these players sees game at Walmart, remembers how much fun he had and decide to buy a copy...
... he takes game home, plays with kids... Kid pulls out game when friends are over...
THIS "viral" sales flow is why table gaming is growing so fast imo. The masses are HUNGRY for human interaction, away from digitial devices...
... and what better place to spread the virus, than a Game Cafe? The Game Gurus are practically injecting it into them!
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The odds of Snakes hitting a big game are strong... Any company can create a game, but most fail because they only have one option (their own game). Snakes is in position to CHOOSE games because people want to get in bed with a solid distributor and marketing vehicle like Snakes. A deal with Snakes helps ensure the game will get noticed and sold. Its big risk investing time and money into something that never gets discovered
The Gurus can PUSH games onto customers... "hey try this new game. Its easy to learn, ill teach it to you." Boom, groups of people being taught, every day...
... then these customers see the game in a nice marketing display + a discount, on the way out the door... and because they just learned it and had a great time playing, one or more of them pick up a copy and take it home, playing with family/friends (free marketing).
They are in the PERFECT situation to choose a solid title and sell it to the masses, in every aspect
This will lead to sector domination imo
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Warehouse Pics: This is what $5,000,000+ million in game inventory looks like...
Good idea, but they have to be careful with how that is done on KS, so it does not look like the company is hiding/promoting themselves... It would be best if it was a "Superbacker" with some site credibility that said it.
They could just be honest and say they are a shareholder, then explain the story. This might make sense to people, without giving the impression that its the company themselves... Post the AMFE/FUNN PR where they mention buying the BK company, etc
I did not buy the game on there, so i cant do it with a new account... but i think if Snakes made a movie, or somehow told the story in an article, etc someone would post it there. This might be the best way, because its less direct, but serves the same purpose
A connected PR person can get someone to do an article on them, even if its just a small website.
Yeah Roger tweets a lot of crap and it rarely turns out to be true.
Snakes should have and possibly still can make it KNOWN that they SAVED Morning, which ensured that the Kickstarter Backers got their product.
These THOUSANDS of TABLE GAMING GEEKS (target consumer) should see Snakes/FUNN as a savior, not the company that was failing (Morning).... Many of them are upset with Morning
Without Snakes they would have never seen this game, or the popular pigicorn. A good PR team would have jumped at this chance to relay this story/aspect. There are many non obnoxious/organic ways to do this.
I would make a video after the game hits retailers, about the entire process of SAVING Morning and bringing this title to the masses.
... and Snakes has a solid video team!
PS: They can talk-up the entire company as well. Like new locations, the online store, sector related info, etc
So you doubt these games will ever be sold?...lol...
Snakes has distributed $XX,XXX,XXX worth of games in just the few years since starting to distribute. They have connections to many of the largest retailers.
... and we know that they have produced THOUSANDS of units to fill the Kickstarter backers orders, right?... Per the KS contract they were promised games FIRST, which is why Walmart has not been filled yet.
What is the point of all that nonsense? How can one doubt that these games are not going to be on retail shelves? Im less concerned about the timing than others, these games sell ALL YEAR. The sector is red hot and growing faster than any time in history... and because Snakes cuts out the middleman, theres going to be MUCHO profit + BIG news coming
reposts...
Seeing is believing: https://www.walmart.com/ip/Kill-the-Unicorns-An-Enchanted-Card-Game-For-Evil-Geniuses-Exclusively-Sold-on-Walmart-com/548174258
Another FUNN game that’s about to hit the largest retailer: https://www.walmart.com/ip/Red-Panda-Card-Game-Exclusively-Sold-on-Walmart-com/979543007
Very soon the first deliveries will reach the stores and this stock is going to launch off these levels, from the biggest PR/event in company history...
Remember, all the previous distribution deals were limited to just Canada, a country 1/10 the size of the USA... and none of those deals had margins this high, because they were just distribution deals for other companies, not their own titles. This release is a #gamechanger
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Really, you dont think Snakes knows which games do well and which ones do not? Most publishers are nothing more than a game, Snakes is game cafe FIRST, which is the ultimate advantage. none of the these competitors have first hand experience with consumer demand/interest like this, which is why some of them turn to Snakes to get known. lol
Toronto is the 4th largest City in North America and guess who is the Big Dog with THOUSANDS of customers per WEEK, maybe per DAY? This game could go viral, using Toronto as a launching pad
Roger has made mistakes, i have no problem pointing that out, but lets not confuse the highly skilled people working at Snakes (250 employees) with his mistakes. You dont land Walmart before the game is even produced unless you can SELL... and SALES IS EVERYTHING!
1000's of customers per day can become thousands of strong reviews all over the internet, thanks to learning the game EASILY within these Snakes locations.... and so far most, if not all the KS reviews have been positive, even though these customers were upset over how long it took them to get it. If THESE customers are liking the game, when they have every reason to be pissed, it says A LOT!.
We will sell a ton just because of the theme imo. The hardest part is getting on the shelf of the largest retailers (check!). No doubt it will get picked up/spotted by MANY people now, due to millions of people walking by the packaging/theme
More DD: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151611247
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This cap is getting really cheap imo, the single-game can make this an $XXX,XXX,XXX stock.
They are in the perfect position to push this game into retailers, then get it known by thousands of people per week.
Any day now the biggest PR in company history will be released. If anybody has held this long it would be unsavvy to sell now, at these levels. Walmart is going to drive a significant wave of hype. When we can all walk in and see a self published title on the shelves, across the USA, it will change the way people view this company. Right now Snakes only distributes games in Canada and none of them are a high margin self published title
This will be the first game that we can sell worldwide... and two more titles are coming up right behind it
#gamechanger
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Morning does not need to update anyone on the shipments anymore, because the backers have already received their orders.
Morning is not in charge of corporate info, other than what directly relates to Kickstarter. KS backers have nothing to do with Walmart, etc... The next update will be from FUNN and will likely announce the rollout to Wally, Amazon, etc
I expect several big name retailers to be announced in the coming months, all over the world
This next shipment might be drop-shipped at Walmart.
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BTW, FUNN will see $$$ from these titles for years. Dont put too much focus on having to have the game out by a certain date, these games sell alllll year... and when you can market to THOUSANDS of people PER DAY via your locations, they are in a great position to succeed.
I FULLY expect this game to make FUNN extremely NET profitable, even with just moderate sales. They are close to breakeven now imo
I just hope Roger does more to paint this picture for the maket, so we can sustain over inflated levels (like other rapid growth stocks), instead of at the bottom of the valuation range.
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If people have held this long, they would be wise to at least wait until this board is full of KTU pictures, on the shelves of the LARGEST retailer, who controls 50%+ of the toy market = very busy toy/game isles!
Millions of people will be walking by our title... CRAP titles can sell well with this level of foot traffic and KTU has a popular theme + attractive/attention grabbing packaging, within the right impulse price range
Walmart will sell out of the first order FAST imo. I bet single longs clear out locations, forcing an instant reorder. lol
This stock will be flying on the reorder PR. Speculation could reach record levels... tick tock...
Maybe a corporate App?: (repost) A master plan to DOMINATE the sector... Read all of this and tell me im wrong...
Id like to see a Snakes App... A way to connect single gamers would be cool, with a rating system based on if people show up when they say (reliability).
If someone flakes too much, without letting the other players know in advance, they lose their ability to use the connection service. Serious gamers would love it
It could also be a dating service.... Not only can they hook singles up, they give them something to do on their first date that is fun/less awkward.
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The App can offer promotions to get people back in the locations, retail game sales, game tutorial videos (if Gurus are busy, see the App!), free game giveaways (new and used copies), contests... There is so much this specific business can do with an App.
Encourage each customer that comes to Snakes to downoad it then and there. Let them know they can use it to get an instant cover charge discount, etc
With thousands of people coming to Snakes each DAY, the amount of people you can send alerts increases FAST.
Then they can start charging publishers for marketing, promos, etc... Game creators will want to give Snakes distribution exclusivity just to get the marketing perks.
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I bet you if they handed out games daily, they will have more people using the app than the amount of people that actually go to Snakes.
I bet they would have thousands of people in each and every state that download the app, which builds the brand before a Snakes location even opens in their town... focusing their marketing efforts on free game giveaways will make them the talk of the entire table gaming sector. Gamers will know about snakes even if they never been to a location. They will see their friends mention it on social media, often.
If I were them i would start developing an app ASAP, before someone else does. At least get the basic structure created. It’s a no brainer.
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Snakes has thousands of SKUs on their retail website, which can generate a lot of $$$ via an app with promotional alerts. This aspect alone makes an app viable right now. The sales can pay for it.
If they were not a distributor/retailer, i would agree, but there is massive growth potential with board games being so hot.
Snakes can beat Amazon prices on many titles that they are the EXCLUSIVE distributor for. This is a significant aspect and should be leveraged into a loyal retail customer base of active gamers.... Snakes still makes money when Amazon sells these titles, but they wont have to pay Amazon per unit.
Also, they can get all the Kickstarter backers to download it, so they can track their order status, etc. I bet the App would be on hundreds of thousands of phones after one year... It wont even cost them much to market it. They can use their gurus, bartenders, servers, website, kickstarter backers, social media and even mention it on future prints of self published titles. None of these cost much money.
I bet millions can be made from an effective use an App. Who does not have a smart phone in their pocket nowadays? Offer all kinds of promotions and free game giveaways throughout the week, BUT ONLY IF THEY LEAVE THEIR PHONE ALERTS ON. You have to act fast to get it!... This could drive serious growth.
Just start the App simple. Use it as an interface for the already created ecommerce database, then start adding new tabs/features each month. They already have this stuff: https://www.snakesandlattes.com/
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Many companies this size spend $XXX,XXX per year to market
Instead of paying mass amounts of money for marketing that is only slightly effective, they can give away $100,000 per year in games that they get at master distributor prices, which is lower than the mass retailers can buy games for... The consumer sees it as getting a $30 game, but snakes is paying less than half that on some titles. They could give out over 5000 games in a year and it won’t even cost them much. That’s almost 15 games per day!... Everyone would have this freakin app on their phone, with alerts turned on! lol
Tell people if they mention the app on social media, they get entered into an even bigger and better drawing. This would influence thousands of people to start spamming the app to millions of others.
Can you see how massive this could get for a company in this strategic position?
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There are several penny stocks that have developed multiple apps, but the premise for their Apps suck, unlike Snakes.
All AMFE has to do is contact a few of these small companies and tell them to put a proposal together. They can even offer them commission on App retail sales to really push their enthusiasm and keep initial costs low. Do it as a "joint venture" so they can pump their stock a bit AND bring their investors eyes our way as well. Everybody wins!
I bet a micro cap developer would jump at the chance to be associated with Snakes... None of the tickers come to mind at the moment, but i have seen some in the past that created some very detailed and attractive apps.
PS: They might just take a million shares to do it. Worth it?
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The easiest Apps to monetize are the ones that already have a large customer base. All you are doing is giving people a new way to interact with your business.
Everyday your following will grow, just by placing a little advertisement on each table telling people to download the app to receive an instant use coupon
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Apps have become like websites. Many people have learned how to build them as a hobby. This is driving down development costs.... having an App is no different than a website, it’s just a different interface accessing the same information
On top of there being so many app developers hurting for work, willing to take less to get involved in a big long term project, you also have thousands of great App examples out there now to copy. The basic format for a solid e-commerce/informational app has already been created many times. All they need to do is copy the basic structure. This makes it easy, along with having all the e-commerce stuff already available.
The hardest part to building an app isn’t actually the app, it’s the content... and snakes has tons of content that’s not being utilized to its full potential... I was just on the Guitar Center App and picturing how their formats can be used for Snakes & Lattes. I but there are many companies that have app templates, you just need to add the content. It can likely be created in under 3 months
Also, there are many small dating apps. Hundreds of them... In the future they could possibly do a joint venture with the small dating app company to get the whole matchmaking aspect rolling. For both gamer matchmaking + dating... I would work on this aspect last though. Just getting the e-commerce going, all the instruction videos on the app and promotions would be a great start. That’s really all you need for a great app, everything else is bonus... The promotional aspect is key, because you can use it to keep people coming back to the app. This will help ensure that the project costs are being covered with growth.
Maybe they can do a joint marketing deal with another website for some gaming news, etc. They know many of them.
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Yep, the Dominos Pizza app was the biggest thing they did in decades.
If a company has a use for an app, they are crazy not to have one. It’s like not having a website.
Apps are easier to grab customers attention than websites, specially if you can create a promotional structure that influences them to leave their real time Alerts on. You can remind them about Snakes & Lattes throughout the week.
For example, right before people get off work you can remind them that happy hour will be starting and what type of promotional food items you will be serving. You can also mention that happy hour attendees will be Instantly entered into a drawing just by being there.
I also like the marketing aspect. Many of the small game developers create promo videos to pitch their new games. Snakes can charge the developer for the marketing, then place the video on their app and tell their customers that if they watch the video they will be entered into a drawing for a free copy... Then hand out MANY copies, so people tell all their friends that they won the game through the Snakes app. This will get even more people downloading the app.
I bet you anything if snakes gave away $100,000 worth of games (at wholesale prices) over the course of a year, their App would go viral and it will be a massive success for this company. Gamers will go freaking nutso over Games being given out daily. They will BRAG about winning on the message boards and social media
Like i said, they can give out about 15 games per day and it will cost about $100,000 per year... This is a powerful form of marketing for a company of this type. Better than any magazine, etc... this is how modern/hip companies keep their customers engaged
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I believe they can easily increase each locations revs in the future...
As they gain more locations, they are going to become the MOST powerful marketing force in the rapidly growing board game sector imo.
There are other game cafes but they are all mom and pop, they dont have the same marketing appeal... With Snakes a marketing plan can be created at the corporate level and each location can be directed to put up posters, add themed items to the food/drink menu, marketing displays near the entrance, Gurus told to push a specific title, etc.
Snakes locations can recommend, teach and market a title to thousands of customers EACH DAY in the future... and its the BEST kind of marketing. People that enjoy themselves playing a new game, which they were EASILY just taught, are more likely to buy it on the way out the door... esp if Snakes allows all or part of a customers cover charge to be applied to the retail cost.
With Tempe they might already be averaging 1000+ customers each day... and marketing to 1000 customers PER DAY in Snakes is likely more effective than selling a magazine to 1,000,000 subscribers, even if the advertisement is on the cover. A magazine cant sell a unit then and there.
But that half-assed DD ignores the fact that multiple products from Morning are about to hit the shelves of the largest retailers... and the potential is tens of millions in the first year.
If Morning wasn’t bankrupt, we would’ve never been able to buy them for $150,000... and we wouldn’t be sitting here on the verge of the biggest news/events in company history.
It blows my mind how it can be claimed that this is somehow a bad deal for this company. This game has the potential to push AMFE deep into NET profits, even if the game sucked, which it doesn’t. It’s a perfect eye-catching impulse product.
Other titles, like Exploding Kittens, are doing $50+ million in this market, in just the first year... and “Kill The Unicorns” appeals to the same demographic as “Exploding Kittens”:
Plush Toy DD: Did i say that out loud?!
Cant believe im actually excited over a plush. lol... But at $35 they will make MUCHO profit.
Check this out. If they can produce and sell this plush for this price, our margin is killer: https://www.amazon.com/Melissa-Doug-Burrow-Rabbit-Stuffed/dp/B004N7NFSK/ref=sr_1_9?keywords=plush+toys&qid=1562900230&s=gateway&sr=8-9
This one is like 2-3X bigger and is slightly less: https://www.amazon.com/Melissa-Doug-Burrow-Rabbit-Stuffed/dp/B07PHQDPQT/ref=sr_1_4?keywords=plush+toys+fuzzy+bunny&qid=1562900340&s=gateway&sr=8-4
They put a good price on this and i likey. They want to make money and know this plush is highly desirable/unique: https://killtheunicorns.backerkit.com/overlay_preorders
Could we sell 1,000,000 of these worldwide? IMO its going to sell, unique unicorn type stuff does well... What a fun ancillary product. It can be used for some powerful attention grabbing marketing...
Snakes DD (some)
Snakes & Lattes segments: There are so many aspects to the Snakes sub, it blows my mind to think of all the different ways they could rapidly add to the bottom line... along with synergies between these segments...
Cafe/bar/restaurant: They can satisfy the morning to night crowds. Something for everyone... and they're able to charge a, $8 cover and still pack every table in these large locations.
Game retailer: Snakes sells games in each location + online. This revenue source has a higher margin than any other game retailer, because Snakes buys their inventory below wholesale (master distributor)
Event planning: For parties, corporate events, etc supplying food, games and Gaming Gurus... Location #3 (Midtown has a catering size kitchen which will allow them to expand this rapidly growing segment of the biz.
Marketing: Snakes can charge publishers to launch their game in style. Snakes can provide Gurus that push and teach these games. Along with marketing decor, themed cocktails/pastries/etc, drawings, sales displays, online videos, etc.
Publishing: Several games are about to launch under this new division and since they cut out the middleman, it will likely be the highest margin aspect of the biz + the fastest growing.
Fulfillment: Snakes is a fulfillment partner for smaller game designers. They ship individual Kickstarter orders out to Canadian Backers... FYI, gaming is the #1 most funded section on the Kickstarter site, ahead of Tech at #2. As Snakes locations expand into the USA, i expect their Fulfillment contracts to expand there as well
Master Distribution: Snakes is a master distributor for exclusive and non exclusive game titles. Along with several new products added through the Natural Stuff Inc acquisition. They sell to Walmart, Chapters, Amazon + anywhere that carries the hottest games.
Franchising: Big potential for this segment. Many people want their own location. Snakes would do well in any big city.
What am i missing?
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Snakes Workforce Photo: This is not a 2 person penny stock pretending to be bigger than they really are. Amfil has the workforce to handle whats coming...
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Publishing: A single self publishing deal could double annual revs by itself, with very strong margins... IMO Snakes has extremely high odds of hitting a winner on their first deal. They have game designers on their staff that study EVERY game on the market and make video/podcasts about them online... Plus, they know which types of games sell via the observations from thousands of customers that come to Snakes.
In their videos/podcasts they critique everything from the gameplay/dynamics to the artwork... They KNOW their stuff and are in the perfect situation to select great titles.
A single red hot game can match the revs of a dozen Snakes locations... and it will be the highest margin deal Snakes will make, since they cut out the middleman and have exclusivity from day 1, worldwide
This is one of the least discussed topics, but possibly the biggest thing they have going... They could drop several hot titles on the market and make 9 figures having exclusivity worldwide.
#lifechanger
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Snakes in the perfect position to push a game and get it KNOWN...
4 friends walk into Snakes. The Game Guru talks them into trying the new self published title. Guru quickly teaches game to table, which gets them playing faster, with little hassle... 1 of 4 players sees the title at a promotional price while leaving and since they just learned it and had a great time playing, she decides to take one home. Just so she can beat her boyfriend one more time!
3 weeks later a different group of friends are at her house and she pulls out the game... 4 new people quickly learn how to play from her mimicking the Game Guru... 1 of these players sees game at Walmart, remembers how much fun he had and decide to buy a copy...
... he takes game home, plays with kids... Kid pulls out game when friends are over...
THIS "viral" sales flow is why table gaming is growing so fast imo. The masses are HUNGRY for human interaction, away from digitial devices...
... and what better place to spread the virus, than a Game Cafe? The Game Gurus are practically injecting it into them!
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The odds of Snakes hitting a big game are strong... Any company can create a game, but most fail because they only have one option (their own game). Snakes is in position to CHOOSE games because people want to get in bed with a solid distributor and marketing vehicle like Snakes. A deal with Snakes helps ensure the game will get noticed and sold. Its big risk investing time and money into something that never gets discovered
The Gurus can PUSH games onto customers... "hey try this new game. Its easy to learn, ill teach it to you." Boom, groups of people being taught, every day...
... then these customers see the game in a nice marketing display + a discount, on the way out the door... and because they just learned it and had a great time playing, one or more of them pick up a copy and take it home, playing with family/friends (free marketing).
They are in the PERFECT situation to choose a solid title and sell it to the masses, in every aspect
This will lead to sector domination imo
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Warehouse Pics: This is what $5,000,000+ million in game inventory looks like...
Snakes publishing DD (some)
(repost) There's an initial risk in printing these games and not selling them, but this risk is reduced significantly when you are a MASTER DISTRIBUTOR of many other hot titles.
Its harder for a small publisher to approach a company like Walmart, with no sales history or other products, which can be worked into the deal to get it done... this is why publishers seek out distributors/sales rep to move their games, which Snakes already is...
... and distributors carry MANY titles, often thousands of different games... just because you land a distributor, does not mean they will put PRIORITY in pushing your titles to the retailers. The reps will have many other titles/toys/SKUs that are making THEM money and they focus on those. You can only talk about so many games in a session.
This is where the synergy of being a publisher, master distributor AND Game Cafe (free/profitable marketing) all tie into each other... Snakes can put priority on their OWN games and push them into Walmart, Target, etc increasing volume fast.
Snakes already has sales history with Walmart.... and the largest Canadian book chain (Chapters)... and other big Canadian retailers that sell games. Snakes is on pace to OWN Canadas gaming market. Look at how many Kickstarter publishers choose Snakes now.
I love synergistic business concepts!
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(repost) Morning is a creative think tank/publisher. This is why its such an powerful acquisition for this particular company. Snakes fills in everything else they need to get these products into the hands of the masses.
Snakes even offers them a place they can play test their games with a very experienced/large gaming staff + real world customers. IMO there will be no weak games in the future. Their titles will grow in strength as Steve starts adding his EXTREMELY EXPERIENCED input on game mechanics, rule alterations, how to write precise/easy instructions, etc. Steve is a grand master at this stuff, watch his videos, listen to the podcasts, read his articles, etc. He trains all the other staff on HOW to teach games and even edits rules to make them easier for customers to learn. He is a major asset alone, esp when combined with a game publisher.
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(repost) How many publishers have distribution and game cafes?
There are a lot of GREAT games that never get noticed. EVERYTHING is about getting noticed nowadays... Weak games can sell $XX,XXX,XXX just because it was in the store, not because it was good. A customer only needs to buy ONCE
... and is there any better place to get noticed than Game Cafes, with Game Gurus that can direct customers to play the titles they want?
Many customers rely on the Gurus to recommend games and teach them... and if people EASILY learn a game and enjoy it, the odd increase that they will buy a copy before leaving Snakes, or the next time they see it at Walmart and think "Hey, that was a fun game! My nephew would love to play this with me".. Either way we make $$$
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(repost) All snakes has to do is advertise that all or part of the $8 cover can be applied to one of Mornings games , if they buy before leaving... and this is off the FULL retail price, which means they would still collect more than if they sold at wholesale
This would not only get people interested in TRYING the games while in Snakes, it would also drive per location sales. Snakes cuts out the middleman, so they would STILL make a strong profit per copy at a sexy discount price...
... and most of these customers that buy one of these copies will take it home and play with others, because most games cant be played alone. This markets the game to additional people, who then might buy a copy when they see it at the store, on Amazon, etc.
This is why the sector is booming right now. People want to do things that are more social, away from their digital devices. This viral sales process is powerful and can push a game from nothing to $10's of millions, in just months.
... and all we need is ONE of these titles to be big... or all of them to do moderately well...
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As ive been saying for months, the current revenues, net profits, etc are nothing compared to whats coming from their self publishing division, alone
No need to overthink it, just do the simple DD. They are going to push these titles hard and no other aspect of the biz will have higher margins.
AMFE could have ZERO revenue right now and a SINGLE game could make this a fairly valued $XXX,XXX,XXX company. The growth potential is not only massive, it can happen FAST.
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The Snakes & Lattes Inc. locations have been hosting game designer nights for quite some time now and with being so deeply entrenched in the table top gaming community, it has begged the question internally for many months now as to when the company will begin entering the game publishing arena and bring new titles to market in-house. Snakes & Lattes is currently positioned to manage all stages of new projects beginning from inception to product launch, and will use its current resources for research and development, product testing, marketing, and of course sales and worldwide distribution. This move would bring a far greater ROI when compared to the ROI on the current game titles that we stock and distribute, essentially 'cutting out the middleman' and allowing us to stock and distribute larger volumes and further expand into additional markets internationally.
The current costs associated with stocking game inventory is comparable to the costs to print and manufacture our own game titles, which would not only provide larger volumes for the same price, but also immediate worldwide exclusive distribution rights. We will use our retail locations as 'proving grounds' for new game titles prior to publishing in order to determine which titles will generate the highest demand. This will of course be in addition to maintaining and growing our current sheet of exclusive distributorships from other popular game producers.
The company is currently working on acquiring the rights to publish our first game to kick-off our publishing division. The first game under this initiative is currently in the works and will be developed in conjunction with an experienced game author based in Switzerland. The specifics of the game are still a closely guarded secret so no further details relating to the game will be released at this time to protect the intellectual property. We will provide further details relating to the project when appropriate to do so, likely coinciding with the upcoming Fan Expo in Toronto this August, where Snakes & Lattes will be hosting a board game café and retail store in partnership with CAH and other major publishers.
Capturing world-wide distribution as well as maximum margins from production to sale leaves the company better positioned to expand all aspects of the business, and significantly increase the rate at which retail store and gaming café locations are opened. With the new Midtown Toronto location being the third and largest location, set to open this summer and boasting an impressive 2 stories, 55 tables inside and 5 tables out on the patio all the while accommodating up to 340 customers, the company has its eyes set on the immediate expansion across Canada and the United States.
The newly formed publishing division in addition to the successful retail and distribution divisions, is expected to significantly increase profitability at a minimal start-up cost by utilizing the company's existing assets, resources, and market reach. In terms of the company's expansion, this is the most cost effective and logical step towards the company's intent on complete market domination by continuing to execute on its successful business model which has been proven year over year.
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Pic of the playtesting arena for Unicorns: This is where most of the positive online reviews were derived...
This was at a trade show. The game is tested and enjoyed... IMO this game should spike revs/profits fast...
Looks like 3 tables were for IKAN, which is another title that is close to print...
FUNN is #7 on my penny stock momo scan, sorted by $$$ volume...
This particular scan only looks for OTC/pink stocks .001-.50, +5% or more for the day, 50+ trades and $10,000+ traded
$$$ volume is the #1 indicator and this is correctly calculated, not the BS you get from other sites. Each trade is added individually, they dont just multiply the days volume by the CURRENT price: http://www.equityfeed.com?fp_ref=rs45
Some reposts/DD: If this was an AM PR i bet volume would be many millions more. Just like you, most dont know about this, yet..
This is my opinion on the news: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151728256
Some DD: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151730164
The biggest events in company history are coming, back to back to back...
You might not realize it but there was news last night. It didn’t get disseminate very well because it was released at night. For example my broker (etrade) doesn’t have a news symbol next to the ticker... and it’s not on iHub, etc... This is giving longs a nice change to add before the masses figure it out...
There was also a few Tweets: https://twitter.com/AmfilTech
Amfil Technologies Inc. Issues Audit Update and Plans on Going & Remaining Current Moving Forward
Toronto, ON, Oct. 15, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Amfil Technologies Inc. (OTC: FUNN) is pleased to announce the projected completion date for the Company’s 2019 audit. While the audit process has been an unpleasant and lengthy experience for management and the shareholders, we are happy to announce that it is finally assumed by all parties involved that the entire audit process will be completed before the end of this month.
It was suggested to the company mid-audit not to release unaudited numbers until the prior year’s audit was completed, as the opening and closing year end balances would not match until any and all adjustments were made to the prior year. Considering the length of time it took to complete the adjustments, in hindsight the Company recognizes that this may not have been the best strategy. Moving forward, the company remains committed to financial transparency, and it will publish/release timely financial statements by the due date, regardless of audit status. This will ensure the company remains current and prevent any future “Stop Sign” designations on OTC Markets.
FYE 2018 and FYE 2019 will be filed/published before the end of the month, and Q1 2020 will be issued before its November 14th due date. Completion of these filings will reinstate the company to ‘Current’ status and ensure it is maintained through to the Q2 2020 filing in February 2020. The company is committed to have all future financial statements filed on time to ensure it permanently retains a ‘Current’ status designation from OTC Markets.
The past few years working through the audit process have been a learning experience for the company. Understanding auditor expectations has driven management to make multiple adjustments that will improve timelines for all future audits. It has been an ever-evolving process, one that has included several adjustments, the implementation of new policies and procedures, and changes in staff. Adjustments the company has made include the hiring of the CFO Squad, moving the primary accounting firm, and a number of internal accounting/bookkeeping processes and protocols. These significant changes to the Company’s infrastructure have been implemented to ensure timely future audits and promote the Company’s continued growth sustainability, with the intent to both protect and increase shareholder value.
The last two years undergoing the audit has been a difficult, but necessary, process for the Company and shareholders alike. Since the acquisition of the Snakes & Lattes Inc. subsidiary, the Company has experienced tremendous growth and has continued this growth trajectory at an ambitious rate. It is, of course, imperative to ensure that the Company’s growth is also sustainable. The financial audit and subsequent uplist were/are key requirements to allow the Company to continue aggressive AND sustainable growth.
The company is excited to move forward from this process, committed to the timely completion of all future audits, and very excited for the multitude of growth-related initiatives moving forward. Once completed, the company intends to further accelerate its comprehensive growth strategy including the opening of new Snakes & Lattes venues, the holiday sales rush of the Kill the Unicorns game title, and a multitude of additional initiatives which have been developing behind the scenes. We look forward to delivering maximum value back to our current shareholders while concurrently attracting a new range of investors and/or institutions following the submission of our audited financials.
We remain steadfast in our commitment to our aggressive growth strategy, and upon audit completion, we believe that we are strongly positioned for the continued expansion of our core business, vertical and horizontal integration, and expanding the scope of additional initiatives to deliver enhanced shareholder value.
For further updates from Amfil Technologies Inc please follow us on Twitter @AmfilTech
For more information regarding the company, and its related subsidiaries please visit the following websites:
Amfil Technologies Inc. www.amfiltech.com/
Snakes & Lattes Inc. https://www.snakesandlattes.com
Morning (Snakes & Lattes Publishing SAS) https://www.morning.us/
GRO3 Joint Venture https://www.gro3ozone.com
Interloc-Kings Inc. http://www.interloc-kings.com/
About Us:
Amfil Technologies Inc. is the parent company to three wholly owned subsidiaries.
1). Snakes & Lagers Inc. holds the trade name and is the owner of Snakes & Lattes Inc. which currently operates 3 tabletop gaming bars and cafes located in Toronto, Ontario and 1 in Tempe, Arizona. The company is in the process of expanding throughout North America. Snakes & Lattes Inc. was the first board game bar and cafe in North America, is believed to be the largest in the world and has the largest circulating public library of board games in North America for customers to choose from. Snakes & Lattes Inc. currently has a 100+ member staff and recently acquired the exclusive distribution rights throughout Canada for some of the most popular board games in the world. The company also operates a lucrative fulfillment and distribution division and has recently entered into the board game publishing business through the acquisition of Morning which is expected to add significant revenues to the bottom line. For more information on Snakes & Lattes Inc. feel free to visit the website at www.snakesandlattes.com.
2). The EcoPr03 GRO3 Antimicrobial System was jointly developed between Amfil Tech and A.C.T.S. Inc. which recently rebranded its technology under Advanced Ozone Integration as an extension of the existing ozone technology being utilized in the food and beverage industry and integrated by A.C.T.S. into companies such as Pepsi, Nestle, Sysco, Sun Pacific and many others. The system is a triple-function sanitization unit capable of naturally eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators (like aphids, whiteflies and spider mites), as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals. The unit can also constantly regulate a given facility's water supply, oxygenating the water and maintaining a consistent PPM infusion of ozone that prevents the formation of algae, bacteria or mold (allowing for comprehensive water recycling), simultaneously removing the need to use pesticides and/or dangerous, often carcinogenic products to treat production problems, as is common throughout the industry today. This environmentally-friendly solution also eliminates odors, while slightly reducing the air temperature, lowering energy consumption by the HEPA filtration and HVAC systems and could potentially allow for a facilities process to be labeled certified organic in the U.S.A. when the crop is no longer considered illegal on the federal level, otherwise "Clean Green" or "Certified Kind" in the meantime. The EcoPr03 GRO3 Antimicrobial System recently passed product review by a registered USDA certifying agent for use in California as well as Pennsylvania and surrounding states. The subsidiary has developed a strategic partnership with Roto Gro, the creator of proprietary rotary hydroponic technology. More information on this product line can be found on the www.gro3ozone.com website or on twitter @GRO3Systems.
3). Interloc-Kings Inc. is a hardscape construction company servicing the Greater Toronto Area. This subsidiary is an authorized Unilock installer. Unilock is North America's premier manufacturer of concrete interlocking paving stones and segmental wall products. Interloc-Kings Inc. has an A+ Rating with the Better Business Bureau (BBB) and a 10/10 rating on homestars.com. Specializing in stone and wood installations between $5,000 and $150,000 per project, Interloc-Kings Inc. has quickly become a top, high quality installation company of outdoor living areas in the GTA. More information on this subsidiary can be found at the website www.interloc-kings.com.
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's OTC Market or Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should,", "will", "expect," "anticipate," "believe," "estimate," "confident," "intend," "plan" and other similar expressions. Our actual results, such as the Company's ability to finance, complete and consolidate acquisition of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact:
Roger Mortimer
Amfil Technologies Inc.
Telephone: (647) 880-5887
Email: rmortimer@amfiltech.com
Or
Ben Castanie
Snakes & Lattes Inc.
Telephone: (416) 500 2911
Email: ben@snakesandlattes.com
Source: Amfil Technologies Inc.
© 2019 GlobeNewswire, Inc.
Sector DD: Snakes is a proven/popular/rapidly growing concept in an economy that is STARVED for more entertaining things to do with family/friends, away from their digital devices. The expansion potential is enormous
Table Gaming is a booming sector and we're in the middle of this massive growth trend. In every subsegment: Game Cafes, education, exclusive distribution on the hottest titles, publishing, marketing + physical/online retail...
FAU sees rise in tabletop gaming despite video games’ popularity
During a time of video games and virtual reality, some students are stepping back to play Dungeons and Dragons.
October 31, 2017
https://www.upressonline.com/2017/10/the-golden-age-of-tabletop-gaming/
Dice Age: The unstoppable momentum of the board games industry
It’s a booming sector that accounted for $9.45bn in global sales last year and saw a 24 per cent growth in the UK market. Robert Hutchins explores boardgaming’s monopoly on the toy industry.
ROBERT HUTCHINSSEP 26, 2017
https://www.toynews-online.biz/marketing/dice-age-the-unstoppable-momentum-of-the-board-games-industry
(video) Board game craze is making a comeback
http://abcnews.go.com/GMA/video/board-game-craze-making-comeback-48979633
Bored with digital games? Join the board game renaissance....
https://www.usatoday.com/story/life/2017/07/31/bored-digital-games-join-board-game-renaissance/476986001/
Board games are quietly, nerdily, becoming big business
http://www.msn.com/en-za/news/other/board-games-are-quietly-nerdily-becoming-big-business/ar-AAqv0df
Tabletop games are back in business
http://www.brockpress.com/2017/01/tabletop-games-are-back-in-business/
Physical board games are experiencing a 'golden age'
http://www.timesfreepress.com/news/national/tennessee/story/2016/sep/03/physical-board-games-are-experiencing-golden/384883/
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Snakes & Lattes segments: There are so many aspects to the Snakes sub, it blows my mind to think of all the different ways they could rapidly add to the bottom line... along with synergies between these segments...
Cafe/bar/restaurant: They can satisfy the morning to night crowds. Something for everyone... and they're able to charge a $8 cover and still pack every table in these large locations.
Game retailer: Snakes sells games in each location + online. This revenue source has a higher margin than any other game retailer, because Snakes buys their inventory below wholesale (master distributor)
Event planning: For parties, corporate events, etc supplying food, games and Gaming Gurus... Location #3 (Midtown has a catering size kitchen which will allow them to expand this rapidly growing segment of the biz.
Marketing: Snakes can charge publishers to launch their game in style. Snakes can provide Gurus that push and teach these games. Along with marketing decor, themed cocktails/pastries/etc, drawings, sales displays, online videos, etc.
Publishing: Several games are about to launch under this new division and since they cut out the middleman, it will likely be the highest margin aspect of the biz + the fastest growing.
Fulfillment: Snakes is a fulfillment partner for smaller game designers. They ship individual Kickstarter orders out to Canadian Backers... FYI, gaming is the #1 most funded section on the Kickstarter site, ahead of Tech at #2. As Snakes locations expand into the USA, i expect their Fulfillment contracts to expand there as well
Master Distribution: Snakes is a master distributor for exclusive and non exclusive game titles. Along with several new products added through the Natural Stuff Inc acquisition. They sell to Walmart, Chapters, Amazon + anywhere that carries the hottest games.
Franchising: Once they uplist Snakes will begin Franchising, however they are still expanding corporate locations. Soon to be 6 total
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Snakes Workforce Photo: This is not a 2 person penny stock pretending to be bigger than they really are. Amfil has the workforce to handle whats coming... This is from last year, they have 200+ employees now...
Warehouse Pics: This is what $5,000,000+ game inventory looks like... they also have a 2nd warehouse in New York...
ZERO Bid whacking now, eh? There is ZERO reason to sell with all this goodness coming, back to back to back.
Look for buyers to keep chomping at the Ask all day and the days/weeks days going forward.
PS: I hope everyone is excited and focused on the game rollouts that are coming... this is bigger than anything else imo. Not only from a rapid high margin growth perspective, but also the levels of excitement it will generate as they're popping up in retailers around the world, not just in Canada.
We will be able to walk into stores or go onto Amazon and buy copies. This is the type of fuel that influences some of the biggest pennyland runs. You'll be able SEE the growth with your own eyes... and seeing is believing
the problem is people will think it came out yesterday and that the stock reacted negatively to it, because of the date
He should have waited until this AM to release it, but he probably needed to stop the nasty emails. lol
I dont see a news symbol next the ticker on Etrade and that is what draws eyes/clicks
This news does not have good dissemination. Its not on Equityfeed (#1 for penny news), IHUB, there is no news symbol next to the ticker on Etrade, etc, so a smaller group has time to buy before the masses figure it out.
They underwent an uplisting audit and underestimated how much work it would take to audit a company with eight figure revenues, they do business in multiple countries, they collect cash in one country then report in another(currency conversions), they purchased a BK company in France that had poor record keeping, they improperly formatted hundreds of thousands of transactions (while private) that needed to be redone, this ticker has been in existence since 1985 (under multiple managements)and all share transactions dating back to that time needed to be provided in detail which is hard when all the records can’t be found, etc, etc.
Most companies are already uplisted when they reach this size. They grew so much and so fast over a short time it overwhelmed them...
It’s been a tough period for Longs, but in the end it will be well worth it, because this company has multibillion potential. Just like any other popular food/entertainment chain. Do the DD, do the simple math
Why is 95% of the DD ignored?. You know, the most important aspects... There isnt so much CONSISTENT INTEREST here for no reason
This company is headed to $50,000,000+ revenue imo. This can be backed up with substance. Do the DD, do the simple math
Buyers are going to be scrambling to get back in now, because there’s no reason to sell anymore, esp at multi your lows... i see all time highs in the coming months, based on substantive DD/math which I am happy to provide
PS: Longs, please help me post some DD to prove this point. Let’s keep this board informative with the facts, not misinterpreted details
Can you sense the desperation for cheap shares intensifying? There’s gonna be a lot of buyers scrambling to get shares now... Remember, this isn’t just about the filings. That’s just a single event out of many MAJOR events that are rapidly approaching. FUNNs first high margin title is about to hit the shelves of the largest retailers, worldwide. The growth potential is more than the current market cap, in less than a year, not including the soon to be six locations, which will also do about the same amount as the current market cap... Then there’s the distribution segment which is strong, etc
How many people will be selling at these levels now, with this wave of excitement quickly approaching? No time in company history will be bigger than the back to back to back catalysts that are coming. Get ready for a $XXX,XXX,XXX stock. IMO FUNN is worth $200+ million as it sits, based on the speculative growth potential of this amazing and continually popular concept that brings friends/family together for social interaction, away from their digital devices: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151728256
The desperation for cheap shares will be intensifying, noooo doubt. Wait too long and you might be paying .10++ before the end of this month
Reposts...
First shipment is coming...
https://www.walmart.com/ip/Kill-the-Unicorns-An-Enchanted-Card-Game-For-Evil-Geniuses-Exclusively-Sold-on-Walmart-com/548174258
Another FUNN game that’s about to hit the largest retailer: https://www.walmart.com/ip/Red-Panda-Card-Game-Exclusively-Sold-on-Walmart-com/979543007
Very soon the first deliveries will reach the stores and this stock is going to launch off these levels, from the biggest PR/event in company history...
Remember, all the previous distribution deals were limited to just Canada, a country 1/10 the size of the USA... and none of those deals had margins this high, because they were just distribution deals for other companies, not their own titles. This release is a #gamechanger
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Really, you dont think Snakes knows which games do well and which ones do not? Most publishers are nothing more than a game, Snakes is game cafe FIRST, which is the ultimate advantage. none of the these competitors have first hand experience with consumer demand/interest like this, which is why some of them turn to Snakes to get known. lol
Toronto is the 4th largest City in North America and guess who is the Big Dog with THOUSANDS of customers per WEEK, maybe per DAY? This game could go viral, using Toronto as a launching pad
Roger has made mistakes, i have no problem pointing that out, but lets not confuse the highly skilled people working at Snakes (250 employees) with his mistakes. You dont land Walmart before the game is even produced unless you can SELL... and SALES IS EVERYTHING!
1000's of customers per day can become thousands of strong reviews all over the internet, thanks to learning the game EASILY within these Snakes locations.... and so far most, if not all the KS reviews have been positive, even though these customers were upset over how long it took them to get it. If THESE customers are liking the game, when they have every reason to be pissed, it says A LOT!.
We will sell a ton just because of the theme imo. The hardest part is getting on the shelf of the largest retailers (check!). No doubt it will get picked up/spotted by MANY people now, due to millions of people walking by the packaging/theme
More DD: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151611247
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This cap is getting really cheap imo, the single-game can make this an $XXX,XXX,XXX stock.
They are in the perfect position to push this game into retailers, then get it known by thousands of people per week.
Any day now the biggest PR in company history will be released. If anybody has held this long it would be unsavvy to sell now, at these levels. Walmart is going to drive a significant wave of hype. When we can all walk in and see a self published title on the shelves, across the USA, it will change the way people view this company. Right now Snakes only distributes games in Canada and none of them are a high margin self published title
This will be the first game that we can sell worldwide... and two more titles are coming up right behind it
#gamechanger
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Morning does not need to update anyone on the shipments anymore, because the backers have already received their orders.
Morning is not in charge of corporate info, other than what directly relates to Kickstarter. KS backers have nothing to do with Walmart, etc... The next update will be from FUNN and will likely announce the rollout to Wally, Amazon, etc
I expect several big name retailers to be announced in the coming months, all over the world
This next shipment might be drop-shipped at Walmart.
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BTW, FUNN will see $$$ from these titles for years. Dont put too much focus on having to have the game out by a certain date, these games sell alllll year... and when you can market to THOUSANDS of people PER DAY via your locations, they are in a great position to succeed.
I FULLY expect this game to make FUNN extremely NET profitable, even with just moderate sales. They are close to breakeven now imo
I just hope Roger does more to paint this picture for the maket, so we can sustain over inflated levels (like other rapid growth stocks), instead of at the bottom of the valuation range.
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If people have held this long, they would be wise to at least wait until this board is full of KTU pictures, on the shelves of the LARGEST retailer, who controls 50%+ of the toy market = very busy toy/game isles!
Millions of people will be walking by our title... CRAP titles can sell well with this level of foot traffic and KTU has a popular theme + attractive/attention grabbing packaging, within the right impulse price range
Walmart will sell out of the first order FAST imo. I bet single longs clear out locations, forcing an instant reorder. lol
This stock will be flying on the reorder PR. Speculation could reach record levels... tick tock...
Is it really worth debating something that will eventually be completed and making millions?!
I remember the bitching about Midtown in Tempe as well, but both are open and thriving
Insignificant nitpicking
...we are happy to announce that it is finally assumed by all parties involved that the entire audit process will be completed before the end of this month.
Are you saying Walmarts orders are here in the US ?