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I love this video cause it shows that Snakes and Lattes is more than just a family friendly board game cafe! At night it turns into a lively bar where people come and interact with each other and spend LOTS OF MONEY! They pack this place nearly every night according to reviews at all 3 Toronto locations, and this is after having a successful cafe business during the morning/afternoon. This business model is a money maker!
Swung through Snakes & Lattes College last night for a drink. Place was packed as usual with lineup out the door! pic.twitter.com/2wWzVf6mAs
— Snakes & Lattes Inc. (@SnakesLattesInc) September 24, 2017
Why FUNN is going to reach dollars in 2020...........they’re already pulling in 10’s of millions in revenue yearly with 4 locations. The size just tripled with today’s news, and franchising has just began! I’ve met with the US franchising director in Tempe and this is the real deal. I’m looking at opening one in Portland cause the numbers are good and it’s an amazing business model!Snakes is going to be the next household name cause it’s different than any other cafe/bar and it’s hugely successful in college towns which in is where they target for new locations. This is the best long term growth play I’m on the otc for more reasons than just snakes,
They also own a board game publishing company, and a distribution/fulfillment business which is the largest in Canada and expected to expand to the US with the cafe expansions. Their games are already on Walmart shelves, and they just started mass production!
There’s too much good stuff too list but these are my favorite subsidiaries which will under their own umbrella after they do a dividend/spinoff post uplist! This one will reach DOLLARS imho and I hope everyone gets a piece of the upcoming success!
Cheers;)
Check out the snakes and lattes business model BB! Already pulling in 10’s of millions in revenue yearly with 4 locations. The size just tripled, and franchising has just began! I’ve met with the US franchising director in Tempe and this is the real deal. I’m looming at opening one in Portland cause the numbers are very solid and the business model is the best I’ve seen for a restaurant cafe! Snakes is going to be there next household name cause it’s different than any other cafe/bar and it’s hugely successful in college towns which in is where they target for new locations. This is the best long term growth play I’m on the otc for more reasons than just snakes,
They also own a board game publishing company, and a distribution/fulfillment business which is the largest in Canada and expected to expand to the US with the cafe expansions. Their games are already on Walmart shelves, and they just started mass production!
There’s too much good stuff too list but these are my favorite subsidiaries which will under their own umbrella after they do a dividend/spinoff post uplist! This one will reach DOLLARS imho and I hope everyone gets a piece of the upcoming success!
Cheers;)
This just confirms what we all expected but doubters said would never happen! Snakes is going to become a household name. Whether it’s 1,3,6,10.......years down the road. This news guarantees it’ll have the chance to prove that it’s a successful business model, and can be profitable anywhere. Skies the limit from here imo!
We’ll be top 5 soon just watch!
Exciting times!
Cause this wasn’t just news it’s what we’ve all been waiting for for 3 years. A massive and rapid rollout of snakes! Everyone knows this is the first step in becoming a giant within this space. If anyone thinks this doesn’t open the door to much bigger possibilities then they aren’t paying attention. Add what you can before the masses realize how big this is! This is the start of the next big move for FUNN, and this time when the price starts to climb it’ll hold its gains, and deep pockets will keep accumulating. Everything changed here with this need imho!
I got 106k more @0.0325 last Wednesday! Just scooped another 125k @0.047. I’m so happy I was able to add when I did. Timing never seems to work out that we’ll, but I’m now holding more than ever before at a lower average and with much higher expectations for the future of FUNN!
BIGGEST OTC NEWS OF THE YEAR!!!! FUNN is about to become the next otc darling to make the move to the big boards! This is just the most recent development but check out all that they have going on and look at the price. This is the most undervalued otc stock that is already generating tens of millions in revenue and just scratching the surface. This news is MASSIVE!
https://www.otcmarkets.com/stock/FUNN/news/Amfil-Technologies-Inc-Inks-Deal-To-Bring-Ten-New-Snakes--Lattes-Locations-To-The-USA?id=251681
Amfil Technologies Inc. Inks Deal To Bring Ten New Snakes & Lattes Locations To The USAPress Release | 01/20/2020
Amfil Technologies Inc. (OTC: FUNN) is pleased to announce that the company has entered into an agreement to aggressively expand the Snakes & Lattes subsidiarys brick and mortar locations in the USA. A group of professionals and investors, along with the existing USA Expansion Team members, will spearhead the rollout of the additional USA locations. It is expected that these new locations will be built at a much faster rate than seen to date, some being worked on simultaneously using the guidelines and model already established by Snakes & Lattes Inc.
The initial agreement is for the opening of ten (10) additional corporate owned locations in the USA, effectively tripling the total number of worldwide corporate owned locations. The expansion team is confident in the success of the proposed openings and have agreed to forfeit any compensation until the first milestone of four (4) new locations in the USA have opened. Management and the company is also very confident in the USA Expansion Teams abilities in that upon this first milestone completion of four (4) new corporate owned locations, Roger Mortimer has agreed to pledge a portion of his own preferred shares to compensate the group for their efforts to that point to help minimize share dilution for the benefit of all shareholders and the company.
This agreement is independent and will not affect the Tempe, AZ location which is already open as well as the Tucson, AZ location which is in the build out process. The group has committed to the simultaneous construction of numerous cafes, and they are confident they will be capable of maintaining the high standard customers of Snakes and Lattes Inc. are accustomed to. The accelerated expansion will lead to a significant increase in the companys growth rate, exceeding anything the company and shareholders have witnessed previously.
The company is also pleased to announce the recent addition of Mr. Rogen K. Chhabra to the USA Expansion Team. Mr. Chhabra was born in Seattle, WA, graduated in 1995 Cum Laude from Millsaps College, B.S. in Math and graduated in 1998 Magna Cum Laude from the Mississippi College School of Law. Mr. Chhabra is a founding partner of Chhabra & Gibbs P.A. Attorneys at Law and has since grown the firm with his partner to over thirty (30) lawyers and staff. Mr. Chhabra has written many articles and given many lectures in the field of law but also has extensive experience in construction, buildouts and renovations. Mr. Chhabra, in agreement with his law firm partner, has decided to come on board the USA Expansion Team full time while his business partner continues running the law firm they founded.
I am very pleased to come on board the USA Expansion Team full time, states Rogen Chhabra. I believe I can add a lot of value and contribute in a very impactful way with this opportunity to really ramp up and push the expansion initiative to the next level. We are excited to get our first goal of ten (10) new corporate owned locations in the USA up and running in short order and will look to extend and expand our agreement to many more locations once the first starting goal has been attained.
If shareholders or others are interested in learning more about the USA expansion, or if there is an opportunity or ideal location they are aware of and feel the company should be looking at, please send an email to usaexpansion@snakesandlattes.com.
BIGGEST OTC NEWS OF THE YEAR!!!! FUNN is about to become the next otc darling to make the move to the big boards! This is just the most recent development but check out all that they have going on and look at the price. This is the most undervalued otc stock that is already generating tens of millions in revenue and just scratching the surface. This news is MASSIVE!
https://www.otcmarkets.com/stock/FUNN/news/Amfil-Technologies-Inc-Inks-Deal-To-Bring-Ten-New-Snakes--Lattes-Locations-To-The-USA?id=251681
Amfil Technologies Inc. Inks Deal To Bring Ten New Snakes & Lattes Locations To The USAPress Release | 01/20/2020
Amfil Technologies Inc. (OTC: FUNN) is pleased to announce that the company has entered into an agreement to aggressively expand the Snakes & Lattes subsidiarys brick and mortar locations in the USA. A group of professionals and investors, along with the existing USA Expansion Team members, will spearhead the rollout of the additional USA locations. It is expected that these new locations will be built at a much faster rate than seen to date, some being worked on simultaneously using the guidelines and model already established by Snakes & Lattes Inc.
The initial agreement is for the opening of ten (10) additional corporate owned locations in the USA, effectively tripling the total number of worldwide corporate owned locations. The expansion team is confident in the success of the proposed openings and have agreed to forfeit any compensation until the first milestone of four (4) new locations in the USA have opened. Management and the company is also very confident in the USA Expansion Teams abilities in that upon this first milestone completion of four (4) new corporate owned locations, Roger Mortimer has agreed to pledge a portion of his own preferred shares to compensate the group for their efforts to that point to help minimize share dilution for the benefit of all shareholders and the company.
This agreement is independent and will not affect the Tempe, AZ location which is already open as well as the Tucson, AZ location which is in the build out process. The group has committed to the simultaneous construction of numerous cafes, and they are confident they will be capable of maintaining the high standard customers of Snakes and Lattes Inc. are accustomed to. The accelerated expansion will lead to a significant increase in the companys growth rate, exceeding anything the company and shareholders have witnessed previously.
The company is also pleased to announce the recent addition of Mr. Rogen K. Chhabra to the USA Expansion Team. Mr. Chhabra was born in Seattle, WA, graduated in 1995 Cum Laude from Millsaps College, B.S. in Math and graduated in 1998 Magna Cum Laude from the Mississippi College School of Law. Mr. Chhabra is a founding partner of Chhabra & Gibbs P.A. Attorneys at Law and has since grown the firm with his partner to over thirty (30) lawyers and staff. Mr. Chhabra has written many articles and given many lectures in the field of law but also has extensive experience in construction, buildouts and renovations. Mr. Chhabra, in agreement with his law firm partner, has decided to come on board the USA Expansion Team full time while his business partner continues running the law firm they founded.
I am very pleased to come on board the USA Expansion Team full time, states Rogen Chhabra. I believe I can add a lot of value and contribute in a very impactful way with this opportunity to really ramp up and push the expansion initiative to the next level. We are excited to get our first goal of ten (10) new corporate owned locations in the USA up and running in short order and will look to extend and expand our agreement to many more locations once the first starting goal has been attained.
If shareholders or others are interested in learning more about the USA expansion, or if there is an opportunity or ideal location they are aware of and feel the company should be looking at, please send an email to usaexpansion@snakesandlattes.com.
Hell yeah!!!!!! This is MASSIVE! Hold on tight cause it’s going to be a bumpy
ride back up to new highs imo! I’m in steamboat Colorado right now getting ready to hit the slopes and will be thinking about this news all day! Happy to be side tracked!!
.....with a 52 week high of 11.28. Longs in that POS are still down about 80%! LMFAO that’s your typical pump and dump otc trash. It’ll be back below 22 cents in a couple months like clockwork. Longs in this are up big dating back years
Simply put snakes is a winner! The business model works and has been proven. The hard part is over. They’ve found a billion dollar potential business, and if roger and Ben can’t get it to where it needs to go, or should, then there’s no shame in looking for someone with deeper pockets and more experience to help them do it. They need to merge with a big board company in the restaurant biz and we’ll all be rewarded bigly imo!
Can’t believe I’m getting shares this cheap. It’s obviously a little frustrating but I plan on taking advantage. This is a great value play now with major upside! Still think snakes could be a VERY ATTRACTIVE acquisition or merger target for a larger company looking to enter this space. Given everything that roger and Ben have been dealing with it could be seen as the “easy way out”, but it would also be a major win for existing shareholders imo.
Going forward I think that should at least be considered and maybe even sought after. If a larger company got hold of this gem snakes would blow up overnight! This just needs the right amount of capital and franchising expertise to become a household name, and the next big thing in the big board restaurant space!
Holding long and strong cause from here there’s not much downside and the possibilities are endless. I think we’ll all be rewarded eventually but it’s certainly hard watching this bleed for al the wrong reasons.
GLTA
If they put just a little effort into attracting new investors this could easily shoot past a dime imho. We should all keep pressuring John to do so since it’s in the best interest of all shareholders! There’s still ZERO DILUTION which is obvious given the lack of volume so any increase in demand for shares will get third moving the right direction fast. That’s when traders will enter. After we’ve passed this low volume dip and breakout with some high volume days! Until then we sputter.......I just emailed him my frustration so will let you all know if I hear back.
It’s time to hire that IR firm/specialist like we were assured was happening soon. Anyone talked to John recently???
The team that they have is actually pretty impressive. That paired with the fact they are are already an established business, generating revenues, and growing their core business model, makes this a MAJOR bargain at this valuation.
Here’s the four leaders of Intellabridge,
KEITH TURNER - PRESIDENT
Keith is an international commercial investment and merchant banker with over 40 years global experience. He has created and managed loan and equity portfolios in the billions of dollars and has structured and closed financings of several hundred management buyouts and corporate financings over a wide variety of industries. A published business writer, TV executive producer, crime fiction writer, songwriter and radio host, Keith has been nominated 4 times and a finalist for the Ernst and Young "Entrepreneur of The Year" in Western Canada.
https://www.linkedin.com/in/keith-turner-85ba5515
John..jpg
JOHN EAGLETON - CEO
John graduated from Georgetown University and started his career at the U.S. Department of State, Bureau of Intelligence and Research, Office of Economic Analysis. He has also worked in capital markets at BNP Paribas and Bankers Trust (Deutsche Bank) as Vice President of the Emerging Markets Fixed Income Trading Desk. During the dot-com days, he co-founded Investars, one of the leading companies for research performance analytics on Wall Street and has been quoted in dozens of leading publications as well as a guest on CNBC.
https://www.linkedin.com/in/john-eagleton-055846
Maria..jpg
MARIA EAGLETON - COO
Maria has startup experience in CxO roles and worked as a Senior IT Project Manager, with a focus on operational management and has an educational background in International Finance. Maria teaches “Operational Management” at the Unit Business School and has been featured in the Wall Street Journal and Authority Magazine:
https://medium.com/authority-magazine/dont-be-scared-of-trying-something-that-no-one-else-has-done-and-don-t-be-scared-to-be-called-f87f435333d9
https://www.linkedin.com/in/maria-eagleton-293672144/
Henry..png
HENRY DUONG - CTO
Henry has a 15-year background artificial intelligence and blockchain technologies, with post-graduate certifications from Stanford University in ML/AI, with an MIT Executive Business Certification. He is a university blockchain advisor at CSU and a guest lecturer at UC Berkeley and UC Riverside. Henry has won awards including 1st Place - IBM Watson - Best use of Artificial Intelligence and CES Innovation Award.
https://www.linkedin.com/in/hpduong
Bids are building! This one could blow at any moment. Love the price action here even with low volume! Still stair stepping and I’m not getting off til 0.25 or higher:)
Crypto is starting to heat up again with political uncertainty. Hopefully this time the man in charge does a better job at getting their name out there. If presented properly and to a wider audience this one could easily breakout to insane levels. Still no dilution and the large/early investors all got in at 0.35 so nobody with size will be selling into this push imo! Just need to attract some new buyers which will start the breakout and attract the MOMO players to follow! Not holding my breath but I honestly think this one has 20 bagger potential EASILY from these levels.
Everyone who didn’t buy this low volume dip will be kicking themselves in a couple months imo.....time will tell;)
GLTA
Somebody really wants to keep this down. Small buys this morning and then a 400 share bid tap to put it back to 0.008. MM’s playing games during this low volume stage
Merry Christmas to Amfilites near and far!
Just enjoy the pump and cash some in along the way! Wish I bought more sub 1s:/
Wow crazy volume out of nowhere! Wish I added more when it was under a penny!
Got that right! Feb will be 2 years for me and it’s been a great investment! Nice to see things all coming together for all of us longs!
Don’t have them on me but I’ll get right on it;/
The 2 companies DFCO has recently acquired for minimal restricted shares!
1-prakat solutions
https://prakat.com
Announced 11/22/19-
https://www.otcmarkets.com/stock/DFCO/news/Dalrada-Financial-Furthers-Global-Expansion-with-Acquisition-of-Prakat?id=247139
Who just filed for a device patent for early screening of cervical cancer
https://www.otcmarkets.com/stock/DFCO/news/Dalrada-Health-Files-Provisional-Patent-for-Invention?id=248510
2-likido technologies
https://www.likido.net
What bonar said 12/9/19 before the announcement today!
"It's indicative of our evolution as an innovator. The synergies are clear, as we ramp up our efforts and bring together the top minds in engineering, science, and technology, we are starting to realize the massive opportunities that we are ultimately aiming to achieve. This new offering is very exciting and I am looking forward to executing on our future plans," said CEO Brian Bonar.
https://www.otcmarkets.com/stock/DFCO/news/Dalrada-Acquires-Cutting-Edge-Scottish-Green-Energy-Company?id=249158
Not to mention the patent that they just filed for the extraction machine which was developed by dalrada precision! On 10/1/19
https://www.otcmarkets.com/stock/DFCO/news/Dalrada-Precision-Files-Patent-for-State-of-the-Art-Extraction-Machine?id=241956
The growth phase had officially begun and pristine share structure remains! Anyone not getting excited is a hater! Others will find this gem if they keep making responsible acquisitions! All they need is to hit on 1 of these low priced companies for returns to be huge long term. Short term it should attract more eyes and increase the volume. We’ll see I guess but with this cap under 3MM there’s a LOT of room for PPS growth;)
Likido® technologies enable the effective recovery and recycling of energy, mitigating against climate change.
Likido® was founded in 2017 by a group of engineers who wanted to reduce and reused the energy that traditionally is squandered from industrial heating and cooling systems, including cooling towers and steam boilers. Likido® now manufactures infinitely scalable, modular high temperature heating and cooling systems that reduce the energy consumed in industrial and commercial processes by over 75%.
Why Likido ?
Likido®ONE- Modular heating and cooling system from 50....160kWth. The system can replace the need to install hot water heaters, steam boilers, chillers and cooling towers in production plants.
Combustion Free Heating and Cooling Systems
Operating internationally, Likido® has developed an advanced solution for the harvesting and recycling of energy, using its novel supercritical CO2 heat pump systems (patents pending).
Likido® is revolutionising both traditional and the renewable energy sector with the provision of innovative modular technologies to maximise the capture and reuse of thermal energy for integrated heating and cooling applications. With uses across industrial, commercial and residential sectors Likido® technology provides substantial cost savings and minimises the carbon emissions across supply chains.
Love the potential here for just 6M shares! Bonar is building this responsibly, and more acquisitions are coming I’d bet!
https://www.likido.net
If/when that gets gobbled look out above! Loading will be confirmed, resistance brok, and volume will spike which could draw in a whole new crowd of “traders”. Things could get real interesting with 1 big buy imo!
They are a perfect compliment to the distribution challenge snakes already has! This is a whole lot cheaper than starting your own west coast operation from scratch and you get clients and reputation that starlit has already obtained on top of it! This might not be the most exciting news to some but it’s the biggest news in some time(imo) from a long term growth perspective! Love the news and don’t really care if it results in an instant PPS pop;)
Not just number 2 but they’re established on the west coast including California where snakes didn’t really have a presence! This was very strategic and not the only distribution acquisition coming imo! I think a US based fullfillment/distribution acquisition won’t be far behind;)!
From the PR,
“Starlit has a good reputation in the industry and has uniquely positioned itself with logistics operations on the west coast near 2 of the main ports of entry, Long Beach CA and/or Vancouver, BC. Having the logistics centers on the west coast cuts precious time, especially with orders coming from Asia.”
FUNN just announced they’ve acquired the second biggest board game fulfillment company behind only snakes and lattes which FUNN already owns! They will dominate this market for the foreseeable future and are entering the US market with an acquisition soon imo!
“TORONTO, ON, Dec. 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Amfil Technologies Inc. (OTC: FUNN), is pleased to announce that its largest subsidiary, Snakes & Lattes Inc., has acquired the fulfillment operations of the second largest house in the board game fulfillment industry in Canada, Starlit Citadel Logistics, second only to Snakes & Lattes itself.
Starlit is a large fulfillment house in the Canadian market with a long list of well-known customers such as Stonemaier Games, Roxley, Gloomhaven, and Indie Board and Cards. Starlit is considered the second largest fulfillment house for board games in Canada. Starlit Citadel closed its retail location at the beginning of this year and switched focus solely to the fulfilment/logistics services side of the industry. They have been servicing the industry since 2011.
Starlit has a good reputation in the industry and has uniquely positioned itself with logistics operations on the west coast near 2 of the main ports of entry, Long Beach CA and/or Vancouver, BC. Having the logistics centers on the west coast cuts precious time, especially with orders coming from Asia.
This acquisition will reaffirm and significantly increase Snakes & Lattes’ position as the largest board game fulfillment house in Canada. Immediately this will expand the customer base, increase sales, and provide immediate cost savings with national carriers such as FedEx, UPS, Canada Post, and various other freight forwarding companies.
This acquisition will be completed for a total of 1.2M shares of restricted stock and is expected to add significant value to the business and company. This concludes a long business relationship between Snakes & Lattes Inc and Starlit Citadel Logistics, both companies’ founders know the business well and can see the incredible value that will be added by combining the two largest players in the industry in Canada.
Ben Castanie, founder of Snakes & Lattes, states, “We are very pleased to have closed this deal with the nice people behind Starlit Citadel and look forward to a continued relationship moving forward that now adds a west coast operation in Canada to the fulfillment side of the Snakes & Lattes business.”
For further updates from Snakes & Lattes and its parent company, 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. www.snakesandlattes.com/
Morning (Snakes & Lattes Publishing SAS) https://www.morning.us/
GRO3 Joint Venture http://gro3systems.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.gro3systems.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”
FUNN just announced they’ve acquired the second biggest board game fulfillment company behind only snakes and lattes which FUNN already owns! They will dominate this market for the foreseeable future and are entering the US market with an acquisition soon imo!
“TORONTO, ON, Dec. 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Amfil Technologies Inc. (OTC: FUNN), is pleased to announce that its largest subsidiary, Snakes & Lattes Inc., has acquired the fulfillment operations of the second largest house in the board game fulfillment industry in Canada, Starlit Citadel Logistics, second only to Snakes & Lattes itself.
Starlit is a large fulfillment house in the Canadian market with a long list of well-known customers such as Stonemaier Games, Roxley, Gloomhaven, and Indie Board and Cards. Starlit is considered the second largest fulfillment house for board games in Canada. Starlit Citadel closed its retail location at the beginning of this year and switched focus solely to the fulfilment/logistics services side of the industry. They have been servicing the industry since 2011.
Starlit has a good reputation in the industry and has uniquely positioned itself with logistics operations on the west coast near 2 of the main ports of entry, Long Beach CA and/or Vancouver, BC. Having the logistics centers on the west coast cuts precious time, especially with orders coming from Asia.
This acquisition will reaffirm and significantly increase Snakes & Lattes’ position as the largest board game fulfillment house in Canada. Immediately this will expand the customer base, increase sales, and provide immediate cost savings with national carriers such as FedEx, UPS, Canada Post, and various other freight forwarding companies.
This acquisition will be completed for a total of 1.2M shares of restricted stock and is expected to add significant value to the business and company. This concludes a long business relationship between Snakes & Lattes Inc and Starlit Citadel Logistics, both companies’ founders know the business well and can see the incredible value that will be added by combining the two largest players in the industry in Canada.
Ben Castanie, founder of Snakes & Lattes, states, “We are very pleased to have closed this deal with the nice people behind Starlit Citadel and look forward to a continued relationship moving forward that now adds a west coast operation in Canada to the fulfillment side of the Snakes & Lattes business.”
For further updates from Snakes & Lattes and its parent company, 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. www.snakesandlattes.com/
Morning (Snakes & Lattes Publishing SAS) https://www.morning.us/
GRO3 Joint Venture http://gro3systems.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.gro3systems.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”
FUNN with huge news! Uplisting and a dividend/spinoff is imminent as well!
TORONTO, ON, Dec. 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Amfil Technologies Inc. (OTC: FUNN), is pleased to announce that its largest subsidiary, Snakes & Lattes Inc., has acquired the fulfillment operations of the second largest house in the board game fulfillment industry in Canada, Starlit Citadel Logistics, second only to Snakes & Lattes itself.
Starlit is a large fulfillment house in the Canadian market with a long list of well-known customers such as Stonemaier Games, Roxley, Gloomhaven, and Indie Board and Cards. Starlit is considered the second largest fulfillment house for board games in Canada. Starlit Citadel closed its retail location at the beginning of this year and switched focus solely to the fulfilment/logistics services side of the industry. They have been servicing the industry since 2011.
Starlit has a good reputation in the industry and has uniquely positioned itself with logistics operations on the west coast near 2 of the main ports of entry, Long Beach CA and/or Vancouver, BC. Having the logistics centers on the west coast cuts precious time, especially with orders coming from Asia.
This acquisition will reaffirm and significantly increase Snakes & Lattes’ position as the largest board game fulfillment house in Canada. Immediately this will expand the customer base, increase sales, and provide immediate cost savings with national carriers such as FedEx, UPS, Canada Post, and various other freight forwarding companies.
This acquisition will be completed for a total of 1.2M shares of restricted stock and is expected to add significant value to the business and company. This concludes a long business relationship between Snakes & Lattes Inc and Starlit Citadel Logistics, both companies’ founders know the business well and can see the incredible value that will be added by combining the two largest players in the industry in Canada.
Ben Castanie, founder of Snakes & Lattes, states, “We are very pleased to have closed this deal with the nice people behind Starlit Citadel and look forward to a continued relationship moving forward that now adds a west coast operation in Canada to the fulfillment side of the Snakes & Lattes business.”
For further updates from Snakes & Lattes and its parent company, 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. www.snakesandlattes.com/
Morning (Snakes & Lattes Publishing SAS) https://www.morning.us/
GRO3 Joint Venture http://gro3systems.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.gro3systems.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
FUNN with huge news! Uplisting and a dividend/spinoff is imminent as well!
TORONTO, ON, Dec. 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Amfil Technologies Inc. (OTC: FUNN), is pleased to announce that its largest subsidiary, Snakes & Lattes Inc., has acquired the fulfillment operations of the second largest house in the board game fulfillment industry in Canada, Starlit Citadel Logistics, second only to Snakes & Lattes itself.
Starlit is a large fulfillment house in the Canadian market with a long list of well-known customers such as Stonemaier Games, Roxley, Gloomhaven, and Indie Board and Cards. Starlit is considered the second largest fulfillment house for board games in Canada. Starlit Citadel closed its retail location at the beginning of this year and switched focus solely to the fulfilment/logistics services side of the industry. They have been servicing the industry since 2011.
Starlit has a good reputation in the industry and has uniquely positioned itself with logistics operations on the west coast near 2 of the main ports of entry, Long Beach CA and/or Vancouver, BC. Having the logistics centers on the west coast cuts precious time, especially with orders coming from Asia.
This acquisition will reaffirm and significantly increase Snakes & Lattes’ position as the largest board game fulfillment house in Canada. Immediately this will expand the customer base, increase sales, and provide immediate cost savings with national carriers such as FedEx, UPS, Canada Post, and various other freight forwarding companies.
This acquisition will be completed for a total of 1.2M shares of restricted stock and is expected to add significant value to the business and company. This concludes a long business relationship between Snakes & Lattes Inc and Starlit Citadel Logistics, both companies’ founders know the business well and can see the incredible value that will be added by combining the two largest players in the industry in Canada.
Ben Castanie, founder of Snakes & Lattes, states, “We are very pleased to have closed this deal with the nice people behind Starlit Citadel and look forward to a continued relationship moving forward that now adds a west coast operation in Canada to the fulfillment side of the Snakes & Lattes business.”
For further updates from Snakes & Lattes and its parent company, 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. www.snakesandlattes.com/
Morning (Snakes & Lattes Publishing SAS) https://www.morning.us/
GRO3 Joint Venture http://gro3systems.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.gro3systems.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
HUGE news! Acquiring the second biggest fulfillment company while already having the largest= complete domination in Canadian fulfillment!
DFCO news just out! Already printed 11 year highs yesterday and now this huge acquisition announcement that nobody saw coming! Check this one out before it runs away from you;)
“Dalrada Acquires Cutting-Edge Scottish Green Energy Company
HENDERSON, Nev., Dec. 12, 2019 /PRNewswire/ -- Dalrada Financial Corp. (OTC Pink: DFCO) announced today that is has acquired Scotland based low carbon, green energy company, Likido Limited. The move comes amidst the company's accelerated strategic global expansion, along with adding capabilities to its already developed manufacturing and engineering solutions.
Likido manufactures high-temperature industrial heat pumps that provide heating and cooling without combustion. Likido aims to reset the world's expectations for industrial heating and cooling by replacing traditional water heaters, steam boilers, chillers and cooling towers, and reduce energy consumption and carbon emissions by over 75%. Likido technology provides one of the few recognized routes to achieving zero carbon emissions in the heating and cooling sector. Likido systems use a non-toxic, non-flammable, environmentally inert, CFC/HFC free "natural working fluid." The technology is future proof, enhancing the energy efficiency of both fossil and renewable power sources by only using 25% of the energy of traditional boilers and electric heaters. "Globally, the International Energy Agency (IEA) estimates that the heating and cooling sector could contribute the largest portion of carbon savings by 2030. Our partnership with Dalrada will fulfill our vision to maximize our potential together," said Likido CEO Stuart Cox.
Likido estimates revenues of $250,000 for quarter ending December 30, 2019, including a short-list of Fortune 500 customers indicating desire to use Likido systems to reduce costs and environmental impact of their operations in 2020. Revenue forecasts for the company exceeds $4MM for fiscal year 2020.
The purchase is for 100% ownership of Likido LLC in exchange for Six Million One Hundred Eighteen Thousand (6,118,000) common equity shares of Dalrada Financial Corporation. Additional details of the transaction will be included in the MD&A for the three months ending December 30, 2019.
"Dalrada is in the business of discovering products and solutions for niche markets that align to our corporate strategy by offering innovation that meet unmet needs worldwide. Likido is a true innovator in the low carbon clean energy space, with a talented and experienced management team, and we are excited to help take it to the next level," said Dalrada CEO Brian Bonar.
Likido is headquartered in Edinburgh with operations in Loanhead, along with other established locations in Hong Kong and Malaysia.
About Dalrada Financial
Dalrada Financial Corp. (OTC Pink: DFCO) solves real-world problems by producing innovation-focused and technologically-centered solutions on a global level. Delivering next-generation manufacturing, engineering, and healthcare products and services designed to propel growth, Dalrada is a team of industry experts and an organization built upon a strong foundation of financial capital. The company and its subsidiaries are positioned for stable long-term growth through intelligent market research, sound business acumen, and established operational infrastructure. For more information, please visit www.dalrada.com or call 1-858-283-1253.
About Likido Limited
Likido is an international technology company, developing advanced solutions for the harvesting and recycling of energy. Using its novel heat pump systems (patent pending), Likido is revolutionising the renewable energy sector with the provision of innovative modular process technologies to maximise the capture and reuse of thermal energy for integrated heating and cooling applications. With uses across industrial, commercial and residential sectors Likido seeks to provide cost savings and to minimise carbon emissions across supply chains. Likido's novel technologies enable the effective recovery and recycling of process energy, mitigating against climate change and enhancing quality of life through the provision of low-carbon heating and cooling systems. For more information, please visit www.likido.net.
Disclaimer
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K.
https://c212.net/c/img/favicon.png?sn=LA65094&sd=2019-12-12 View original content:http://www.prnewswire.com/news-releases/dalrada-acquires-cutting-edge-scottish-green-energy-company-300973840.html”
DFCO just released this acquisition announcement out of nowhere after printing 11 year highs yesterday! Things could get interesting on this upstart with a tiny share structure! It’s definitely picking up steam and couldmake a huge run at any moment imo;).
-47M OS
-38M float
-Just over 2 million MC
-Just acquired prakat solutions, an India based engineering firm with millions in revenues.
-Multiple revenue generating business segments and just getting started!
-Volume has been low the past 2 years, but I stead of consolidating lower it has slowly climbed. IE float is locked AF
GLTA
“Dalrada Acquires Cutting-Edge Scottish Green Energy Company
HENDERSON, Nev., Dec. 12, 2019 /PRNewswire/ -- Dalrada Financial Corp. (OTC Pink: DFCO) announced today that is has acquired Scotland based low carbon, green energy company, Likido Limited. The move comes amidst the company's accelerated strategic global expansion, along with adding capabilities to its already developed manufacturing and engineering solutions.
Likido manufactures high-temperature industrial heat pumps that provide heating and cooling without combustion. Likido aims to reset the world's expectations for industrial heating and cooling by replacing traditional water heaters, steam boilers, chillers and cooling towers, and reduce energy consumption and carbon emissions by over 75%. Likido technology provides one of the few recognized routes to achieving zero carbon emissions in the heating and cooling sector. Likido systems use a non-toxic, non-flammable, environmentally inert, CFC/HFC free "natural working fluid." The technology is future proof, enhancing the energy efficiency of both fossil and renewable power sources by only using 25% of the energy of traditional boilers and electric heaters. "Globally, the International Energy Agency (IEA) estimates that the heating and cooling sector could contribute the largest portion of carbon savings by 2030. Our partnership with Dalrada will fulfill our vision to maximize our potential together," said Likido CEO Stuart Cox.
Likido estimates revenues of $250,000 for quarter ending December 30, 2019, including a short-list of Fortune 500 customers indicating desire to use Likido systems to reduce costs and environmental impact of their operations in 2020. Revenue forecasts for the company exceeds $4MM for fiscal year 2020.
The purchase is for 100% ownership of Likido LLC in exchange for Six Million One Hundred Eighteen Thousand (6,118,000) common equity shares of Dalrada Financial Corporation. Additional details of the transaction will be included in the MD&A for the three months ending December 30, 2019.
"Dalrada is in the business of discovering products and solutions for niche markets that align to our corporate strategy by offering innovation that meet unmet needs worldwide. Likido is a true innovator in the low carbon clean energy space, with a talented and experienced management team, and we are excited to help take it to the next level," said Dalrada CEO Brian Bonar.
Likido is headquartered in Edinburgh with operations in Loanhead, along with other established locations in Hong Kong and Malaysia.
About Dalrada Financial
Dalrada Financial Corp. (OTC Pink: DFCO) solves real-world problems by producing innovation-focused and technologically-centered solutions on a global level. Delivering next-generation manufacturing, engineering, and healthcare products and services designed to propel growth, Dalrada is a team of industry experts and an organization built upon a strong foundation of financial capital. The company and its subsidiaries are positioned for stable long-term growth through intelligent market research, sound business acumen, and established operational infrastructure. For more information, please visit www.dalrada.com or call 1-858-283-1253.
About Likido Limited
Likido is an international technology company, developing advanced solutions for the harvesting and recycling of energy. Using its novel heat pump systems (patent pending), Likido is revolutionising the renewable energy sector with the provision of innovative modular process technologies to maximise the capture and reuse of thermal energy for integrated heating and cooling applications. With uses across industrial, commercial and residential sectors Likido seeks to provide cost savings and to minimise carbon emissions across supply chains. Likido's novel technologies enable the effective recovery and recycling of process energy, mitigating against climate change and enhancing quality of life through the provision of low-carbon heating and cooling systems. For more information, please visit www.likido.net.
Disclaimer
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K.
https://c212.net/c/img/favicon.png?sn=LA65094&sd=2019-12-12 View original content:http://www.prnewswire.com/news-releases/dalrada-acquires-cutting-edge-scottish-green-energy-company-300973840.html”
DFCO news just out! Already printed 11 year highs yesterday and now this huge acquisition announcement that nobody saw coming! Check this one out before it runs away from you;)
“Dalrada Acquires Cutting-Edge Scottish Green Energy Company
HENDERSON, Nev., Dec. 12, 2019 /PRNewswire/ -- Dalrada Financial Corp. (OTC Pink: DFCO) announced today that is has acquired Scotland based low carbon, green energy company, Likido Limited. The move comes amidst the company's accelerated strategic global expansion, along with adding capabilities to its already developed manufacturing and engineering solutions.
Likido manufactures high-temperature industrial heat pumps that provide heating and cooling without combustion. Likido aims to reset the world's expectations for industrial heating and cooling by replacing traditional water heaters, steam boilers, chillers and cooling towers, and reduce energy consumption and carbon emissions by over 75%. Likido technology provides one of the few recognized routes to achieving zero carbon emissions in the heating and cooling sector. Likido systems use a non-toxic, non-flammable, environmentally inert, CFC/HFC free "natural working fluid." The technology is future proof, enhancing the energy efficiency of both fossil and renewable power sources by only using 25% of the energy of traditional boilers and electric heaters. "Globally, the International Energy Agency (IEA) estimates that the heating and cooling sector could contribute the largest portion of carbon savings by 2030. Our partnership with Dalrada will fulfill our vision to maximize our potential together," said Likido CEO Stuart Cox.
Likido estimates revenues of $250,000 for quarter ending December 30, 2019, including a short-list of Fortune 500 customers indicating desire to use Likido systems to reduce costs and environmental impact of their operations in 2020. Revenue forecasts for the company exceeds $4MM for fiscal year 2020.
The purchase is for 100% ownership of Likido LLC in exchange for Six Million One Hundred Eighteen Thousand (6,118,000) common equity shares of Dalrada Financial Corporation. Additional details of the transaction will be included in the MD&A for the three months ending December 30, 2019.
"Dalrada is in the business of discovering products and solutions for niche markets that align to our corporate strategy by offering innovation that meet unmet needs worldwide. Likido is a true innovator in the low carbon clean energy space, with a talented and experienced management team, and we are excited to help take it to the next level," said Dalrada CEO Brian Bonar.
Likido is headquartered in Edinburgh with operations in Loanhead, along with other established locations in Hong Kong and Malaysia.
About Dalrada Financial
Dalrada Financial Corp. (OTC Pink: DFCO) solves real-world problems by producing innovation-focused and technologically-centered solutions on a global level. Delivering next-generation manufacturing, engineering, and healthcare products and services designed to propel growth, Dalrada is a team of industry experts and an organization built upon a strong foundation of financial capital. The company and its subsidiaries are positioned for stable long-term growth through intelligent market research, sound business acumen, and established operational infrastructure. For more information, please visit www.dalrada.com or call 1-858-283-1253.
About Likido Limited
Likido is an international technology company, developing advanced solutions for the harvesting and recycling of energy. Using its novel heat pump systems (patent pending), Likido is revolutionising the renewable energy sector with the provision of innovative modular process technologies to maximise the capture and reuse of thermal energy for integrated heating and cooling applications. With uses across industrial, commercial and residential sectors Likido seeks to provide cost savings and to minimise carbon emissions across supply chains. Likido's novel technologies enable the effective recovery and recycling of process energy, mitigating against climate change and enhancing quality of life through the provision of low-carbon heating and cooling systems. For more information, please visit www.likido.net.
Disclaimer
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K.
https://c212.net/c/img/favicon.png?sn=LA65094&sd=2019-12-12 View original content:http://www.prnewswire.com/news-releases/dalrada-acquires-cutting-edge-scottish-green-energy-company-300973840.html”
DFCO news just out! Already printed 11 year highs yesterday and now this huge acquisition announcement that nobody saw coming! Check this one out before it runs away from you;)
“Dalrada Acquires Cutting-Edge Scottish Green Energy Company
HENDERSON, Nev., Dec. 12, 2019 /PRNewswire/ -- Dalrada Financial Corp. (OTC Pink: DFCO) announced today that is has acquired Scotland based low carbon, green energy company, Likido Limited. The move comes amidst the company's accelerated strategic global expansion, along with adding capabilities to its already developed manufacturing and engineering solutions.
Likido manufactures high-temperature industrial heat pumps that provide heating and cooling without combustion. Likido aims to reset the world's expectations for industrial heating and cooling by replacing traditional water heaters, steam boilers, chillers and cooling towers, and reduce energy consumption and carbon emissions by over 75%. Likido technology provides one of the few recognized routes to achieving zero carbon emissions in the heating and cooling sector. Likido systems use a non-toxic, non-flammable, environmentally inert, CFC/HFC free "natural working fluid." The technology is future proof, enhancing the energy efficiency of both fossil and renewable power sources by only using 25% of the energy of traditional boilers and electric heaters. "Globally, the International Energy Agency (IEA) estimates that the heating and cooling sector could contribute the largest portion of carbon savings by 2030. Our partnership with Dalrada will fulfill our vision to maximize our potential together," said Likido CEO Stuart Cox.
Likido estimates revenues of $250,000 for quarter ending December 30, 2019, including a short-list of Fortune 500 customers indicating desire to use Likido systems to reduce costs and environmental impact of their operations in 2020. Revenue forecasts for the company exceeds $4MM for fiscal year 2020.
The purchase is for 100% ownership of Likido LLC in exchange for Six Million One Hundred Eighteen Thousand (6,118,000) common equity shares of Dalrada Financial Corporation. Additional details of the transaction will be included in the MD&A for the three months ending December 30, 2019.
"Dalrada is in the business of discovering products and solutions for niche markets that align to our corporate strategy by offering innovation that meet unmet needs worldwide. Likido is a true innovator in the low carbon clean energy space, with a talented and experienced management team, and we are excited to help take it to the next level," said Dalrada CEO Brian Bonar.
Likido is headquartered in Edinburgh with operations in Loanhead, along with other established locations in Hong Kong and Malaysia.
About Dalrada Financial
Dalrada Financial Corp. (OTC Pink: DFCO) solves real-world problems by producing innovation-focused and technologically-centered solutions on a global level. Delivering next-generation manufacturing, engineering, and healthcare products and services designed to propel growth, Dalrada is a team of industry experts and an organization built upon a strong foundation of financial capital. The company and its subsidiaries are positioned for stable long-term growth through intelligent market research, sound business acumen, and established operational infrastructure. For more information, please visit www.dalrada.com or call 1-858-283-1253.
About Likido Limited
Likido is an international technology company, developing advanced solutions for the harvesting and recycling of energy. Using its novel heat pump systems (patent pending), Likido is revolutionising the renewable energy sector with the provision of innovative modular process technologies to maximise the capture and reuse of thermal energy for integrated heating and cooling applications. With uses across industrial, commercial and residential sectors Likido seeks to provide cost savings and to minimise carbon emissions across supply chains. Likido's novel technologies enable the effective recovery and recycling of process energy, mitigating against climate change and enhancing quality of life through the provision of low-carbon heating and cooling systems. For more information, please visit www.likido.net.
Disclaimer
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K.
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