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News from Italy & France is some Millennial's now are in serious condition due to the virus so it may be advancing into this population as well. Not sure April is a good timeline to loosen restrictions as most are saying the virus surge has not even come yet and may extend well into July and August. Information is changing as this is a novel virus. It may last as long as 18 months. Certainly hope this will not be the case.
FUNN should stop all gatherings and if needed close all Snakes locations except for take out orders to help in keeping everyone safer. I would expect Tempe Snakes is considering this tough decision as well.
Stay in and Stay Safe.
SSFT moving toward a much lower PPS as Markets are taking a bigger hit. SSFT may be a buying opportunity as PPS moves toward new 52-week lows or possibly lower.
SSFT heading toward new 52-week lows rapidly. Not sure SSFT's PPS is strong enough to hold as Market falls further.
FUNN overall weakness can easily drop PPS into the triple zeros. CEO needs to communicate a clear plan before it is too late.
Stay in and Stay Safe.
S & L is not just getting started. Amfil has been unable to open any since October 2018 which had nothing to do with the virus. The virus has made it even more difficult to maintain the 4 Snakes FUNN does have and has slowed or stopped any future openings for an undetermined length of time.
Stay in and Stay Safe.
FUNN is not outperforming in any business area they are in.
I hope FUNN is a strong enough company to survive. Going sub-penny at this time could halt many things the company was working on. Unfortunately FUNN may not be able to survive financially any prolonged shutdowns.
Be great to hear something from CEO Roger about what the plan is moving forward and what FUNN is doing to help support the communities they are in.
Stay in and Stay Safe.
Glad to hear Snakes Tempe is open on one hand and sad to hear on the other
hand that Snakes Tempe isn't following the suggested Federal Guidelines of closing. Having said this maybe CORVID-19 isn't as widespread in Tempe either. I'm sure Snakes Tempe will do the right thing at the right time.
Stay in and Stay safe everyone.
New 52-week low reached today for FUNN of .0085 on higher volume. Looks like a bottom has not been reached here as of yet.
Stay in and stay safe everyone.
SSFT down another -5% today but had an OK comeback by close. Maybe tomorrow the Market Rally will continue and SSFT will be part of it this time.
SSFT not rallying with the rest of the market? Thought for sure it would.
Something needs to happen to bring the PPS up. Estimates of .06 to .08 are beginning to look on target here.
No just called Tempe Snakes to see what they are doing? Hopefully Snakes & Lattes will survive and the employees will be paid. The Federal Government is working on some kind of economic support for both small businesses and employees including healthcare. Good news is the virus is slowing in China.
This is a great sign for everyone.
Stay in and Stay safe.
There is no Snakes opened in Tuscon but the Snakes in Tempe, their website says open now but no one answers the phone messages so far. I'm still trying to find out if Tempe Snakes is actually open or have they taken the Federal Health Guidelines and closing except for take out orders during this time to slow the spread of COVID-19.
Estimated peak of virus is 45 days now. I would not expect any Snakes to reopen for at least 2 months. The weather does not appear to be a factor in slowing the virus. This epidemic is gaining strength and we may have a ways to go before it slows.
Stay in stay safe Goodbuddy4863 and everyone.
Unfortunately Tempe Snakes appears to be closed as well. Website says closed and no one answering the main phone number. Left message but no call back as of yet.
Completely healthy. Passed away because of the virus. Wife and daughters are negative as of today but will be retested Wednesday. They need 2 negative tests to be deemed safe.
My 44 yo healthy male neighbor just died today from the virus. He took his wife & 3 young daughters to New York returned last Thursday ill. Was tested on Friday confirmed on Saturday and retested Sunday and re-confirmed he had CORVID-19. He was placed in a medically induced Coma and died today.
Heartbreaking. Unfortunately this virus is not fake. Stay safe everyone.
I'm sure Snakes will follow the Health & Safety guidelines to keep customers and employees safe along with all establishments.
The recommendation just made in the USA is for no gatherings of more then 10 people. In addition avoid eating in all restaurants & bars but rather do take out. It will be interesting to see what Tempe Snakes decides to do with the Safety Guidelines announced today to stop the spread of the virus.
Most bars and restaurants are closing throughout the USA now.
SSFT really held up well today considering the overall Market conditions.
Great Monday for SSFT really.
I think Snakes will honor their employees getting paid even if Snakes is required to limit hours or close all together. Looks like Canada just closed their borders. Restrictions are moving quicker now and more closings being announced. Stay safe everyone.
Hopefully FUNN's Snakes & Lattes will pay their employees full salaries when Snakes closes down due to the virus. It is the right thing to do.
Looks like we are in for a long and tough time ahead.
Stay safe everyone.
Thanks for posting the accurate information and article concerning COVID-19 and the impact this will have on FUNN's Snakes and other Cafe's. Many are talking about Lock-Downs today. Stay safe everyone.
In reality Snakes & Lattes may be forced to close if they don't voluntarily close for public safety reasons by no fault of theirs at all. People should brace themselves for what is happening and not be fooled that Snakes is any exception from COVID-19. Snakes is not the only closure expected as things are rapidly changing. This has nothing to do with buying shares of FUNN or not it is the reality of the virus. Snakes and Lattes revenues will be affected in a negative way.
Hope everyone stays safe.
Thanks for posting Amfil Charts. FUNN looks to be in trouble financially and now with the possibility of Snakes, main revenue resource, may be required to close until this virus threat eases. We will know shortly, discussion being held now to close all restaurants & bars for at least 2 weeks. We may be in for something that has never happened before that will negatively impact FUNN. It would be great to get some communications from CEO Roger on what their plans are during this time.
Stay safe everyone. GLTA.
Thanks I had Ben's email was looking for the acknowledgement from Snakes & Lattes confirming they use Ozone to sanitize the Snakes Cafe's nightly.
Once again is this information available? It shouldn't be some big secret if they are actually doing it.
Let me know when Ben replies to the email concerning Snakes and Lattes using Ozone to sanitize their Cafe's every night. So far their isn't anything confirming that they do.
Please provide a Link saying that Snakes is using Ozone to sanitize Snakes nightly in their Cafe's.
https://investorshub.advfn.com/boards/manage_msg.asp?message_id=154314677
https://investorshub.advfn.com/boards/manage_msg.asp?message_id=154324290
Maybe in a year or so but until that time I hope FUNN will be able to survive. The losses may take years to make up for many restaurants & bars
as more and more are being ordered to close down now. FUNN didn't seem to have much cash in reserve to weather this storm. Guess we will see over the next few months. Wishing everyone the best in good health and good investments.
Wonder why CEO Roger would say he is "considering it" (hiring auditors & having 2019 audit completed) this late in the game. FUNN is so close to meeting the requirements for up-listing. The communications from Amfil is so poor they really do need an IR Firm to help them.
Snakes and Lattes are not using Ozone for anything.
Great post. Amfil has had serious problems with financials and reporting them in a timely manner for a few years now. Doing basic financials for most companies is a simple task but for Amfil it appears to be a major accomplishment all the time.
Wonder if Amfil will ever get the never-ending 2019 audit completed.
On the Evening news tonight the 42 year old very healthy governor of Miami has tested positive for the virus. Unfortunately 30 & 40 year olds are beginning to contract and spread the virus.
Good news is it sounds like Snakes is making positive changes to assist in trying to keep people as safe as possible.
The government may step in further with additional restrictions as needed.
This is great that Snakes & Lattes is following the recommendations from the federal and local public health authorities and has this posted in each
Canadian Snakes.
What are they doing about keeping 1 meter personal distance from each other? Has Snakes reduced the occupancy levels by 40% as recommended?
Very happy Snakes is doing their part to keep everyone safe.
Was hoping that SSFT would close green today but we ended with our regular -5% down again. Maybe a PPS turnaround next week or one day soon.
Amfil's PPS will never go to a buck. Amfil has never said the PPS will go to a buck. FUNN trying to keep PPS from going below a penny and it will go below a penny way before it ever gets to a buck in our lifetime.
Amfil is not using ozone to clean Snakes every day as stated. If I am incorrect please provide a link to this information directly from Amfil or CEO Roger. False statements like this only hurt the company and are not supported by FUNN or CEO Roger.
Hope you are correct but SSFT usually goes down about -5% around 3 times a week prior to the corona virus market mess. The bottom for SSFT hasn't hit as of yet and it is difficult to predict just how low the PPS will go. I'm thinking .08 is a safe estimate. Should SSFT's PPS go below .08 and settle there for a while planning an exit may be wise. Others may call it an opportunity.
SSFT down another -12.5% today along with massive big board losses. Unfortunately looking like even larger losses headed our way. GLTA!
Excellent EOD comeback from FUNN's new 52-week low of .011 closing at .016 with large sell volume. Things are gonna get real ugly get ready.
Thank you for all you have tried to do to help FUNN become a better company. FUNN's leadership needs to take some of these suggestions and run with them because what they are doing isn't working obviously. Being honest about shortcomings of FUNN is OK and is needed for improvement.
How about CEO Roger and his pals who attack all that try to make the company better with their suggestions? The Amfil Q & A exposed just exactly what a smart ass CEO Roger is and exactly why an IR Firm is desperately needed to professionally get any messaging out. Amfil has created their own mess.
Hopefully Amfil can turn this company around and get back to what it use to be. Talk of a new CEO and new auditors is needed now not in 6-months.