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Don’t set yourself up for disappointment...
I’m certain they do have contacts which could help them out. Especially thanks to their distribution side. They have a ton of orders and realistically, the only way to keep them up to date is through a computer system, due to the sheer quantity of their orders.
But that is one thing, and an app is another. One that I am not so certain they *need* right now. Eventually it could be a great idea, but right now?
There are only 4 locations. 3 of them in the same city.
What is there to gain through a special app that can’t be better obtained through social media?
Any resources invested in the creation + upkeep that such a service requires could probably be better invested in any other type of promotion such as a flyers, radio, TV or a bill board.
Right now, I’m guessing that what we all want is for more eyes to see S&L. The more the better. Would an app be best suited for this task?
We are still in the growth phase. Yes, Tempe has been a hit, and every day more positive reviews come up, word of mouth is certainly helping to establish Snakes as a go to place for a good time. That is great! Still, as an investor, I’d rather we push for even more visibility. And not just for the customers either. But for the businessman/ woman as well.
I want people to see Snakes as a viable investment and opt to buy a franchise or participate in a JV. Yes I know that the audit is needed for the franchise.
Visibility visibility visibility. That should be our mantra in my opinion. I am still anxiously waiting for the day that management provides a PR which explains how they are addressing this issue. Not necessarily with just a PR firm for the stock, but also for the brand. That is our most powerful asset at the moment, and I would like to see it grow.
At this precise moment in time, I am not sure that an APP would be the most efficient tool for S&L. After all they could use (as they currently do) existing socia media for basically the same purposes.
How would an app benefit them?
They could use it to promote special offers/ meetings etc... but they already promote special offers and meetings etc through Twitter, FB, and Instagram. So why would an app be better to use than social media?
Making an app is not free, it also requires maintenance. Social media has the benefit of using a known platform which is kept up to date by another company. So Snakes doesn’t have to worry about that.
That said, once we reach a certain number of locations, then I think it might be more merit able to consider the benefits of an app.
Once we reach, idk 30-60 locations, then there are other questions we can start to ask: where is the nearest location near me? An app could serve as a locator. With so many locations available, do we want to offer a new service to our customers? Maybe a membership of some kind? An app could be proof of membership, where members can find special offers, which location is offering what show (like how Tempe does Shady AF comedy) etc.
But now? I don’t think it’s the best approach at the moment.
I doubt they will wait until the audit is done to announce this. I bet they were just waiting for things to be “official official” before making any announcements.
Question is, can we find out the same for Florida? We already know Charlotte is the city in NC being targeted for S&L. Can we find out if other business filings such as those have been posted for those states?
Year 1 = acquisition, 2 existing locations
Year 2 = Midtown expansion, ends the year with 3 locations
Year 3= First location in the USA in Tempe. The year ends with 4 locations
Year 4 = 2 locations targeted to open mid year, 17 locations on advanced talks
We still need to see how this year plays out, but I think we will see dollars in 3 years or less
I have a question for those of you who know charts:
Has the primary downtrend been broken? Are we currently in the accumulation phase?
What a huge spread. .097 on the BID and .11 ON THE ASK ?
There is the move
I would love to go
This stock is backed by MAXM, the market maker. What other confirmation do you need to buy?
Slap the ask!
They are definitely walking this up
I just wanted to make sure. I thought I had missed that.
Do they have an exclusive relationship with S&L?
Can anyone post the proof of this? Thanks
Large bid at .06
Basically one of the Market Makers (MAXM) bought about 45% of the stocks of this ticker.
It appears that they plan to do an ETF around LBGT loyalty....or something like that.
But basically all the excitement is because of MAXM
I don’t think it’s a secret I am not overjoyed with the company lately. I am doing my best not to fill the board with more negativity, but it’s past time we see some action.
What action? Well, the filings will get done when they are done, but it would be very nice to see construction of a new location. Especially when they announced 3 of them for the first part of this year.
I always thought that having 3 new locations on the first part of the year would be too optimistic, and I always counted on having 3 locations on this year. Regardless of what month.
In fact, my most optimistic scenario is that we see the 3 locations this year, and see construction beginning on 2 more locations.
I am in no way underestimating the value that more locations bring. Quite the opposite:
The more locations we have, the sooner the better
Yea. By the way he worded the tweet, it definitely seems things are moving along. Let’s see...
“Shareholders, we know it has been a while since we have provided updates, but a number of significant and promising initiatives continue to progress behind the scenes which we are very excited about, and multiple news items will be released in the coming weeks, including:
-2018 year end audit completed and filed.
-Fiscal Q1 and Q2 to be filed – bringing the company’s reporting status back to ‘current’ (goodbye stop sign)
-Uplist process to OTCQB to be completed”
Interesting to note is the fact that the first things mentioned were the fins/ audit/ and uplist
Nice to see you back. Coincidentally you came back and a twitter storm followed. Hopefully you are a harbinger of the other catalysts as well lol
Let’s start with the good news:
There are 3 more locations planned for this year: Florida, North Carolina , and Arizona.
Now for the other news
These locations were targeted for the first half of this year, however, as no further news have been shared, we can only assume that work has not begun on them so far.
This means that, being realistic, we should probably expect them to open sometime in September. Which is not bad, looking at the big picture.
Just hope we receive news soon.
Not saying there is a problem.
We entered into an exclusive agreement with a company that is researching how to infuse cannabis into drinks.
I posted an article which says that companies are looking into infusing cannabis into their drinks.
Would you imagine if Kelvara announced that they had entered into a partnership with Coca-Cola?
O wait...WE have an exclusive agreement with Kelvara!
Lol one can dream
Amfil Technologies Inc.'s GRO3 Division Enters Into Exclusive Agreement with Cannabis Infused Beverage Maker, Kalvara, With LOI to Provide an Estimated (8) EcoPro3 Antimicrobial Technology Systems in 2019
Press Release | 11/05/2018
TORONTO, ON, Nov. 05, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Amfil Technologies Inc. (OTC: AMFE), is pleased to announce that the GRO3 subsidiary has been selected as the exclusive supplier of ozone based antimicrobial technology for Virdi Group, the owners of Kalvara, for use in the production of their Cannabis Infused Beverages.
The EcoPrO3 systems will provide complete process water pre-filtration and antimicrobial treatment to ensure they meet and exceed the highest food safety standards while maintaining quality, flavor, and potency. An LOI has also been issued which provides for an estimated 8 EcoPrO3 systems in 2019.
Kalvara is a provider of innovative and high-quality cannabis beverages that are environmentally friendly and free of chemicals, calories, sugar, and preservatives. Kalvara Single and Kalvara Eco four-pack are infused drinks offering an easier, cleaner and more consistent cannabis consumption method. Kalvara uses a proprietary nano-emulsification process that allows a rapid onset delivery of a precise dose of water-soluble THC to the bloodstream, avoiding problems associated with other edibles.
Kalvara utilizes Virdi Group’s innovative VESSL™ delivery system. VESSL™ is a nitrogen-pressurized storage and delivery system which preserves the active ingredients from environmental factors without the need for artificial preservatives. The patented VESSL™ closure delivers a precise and consistent dose of THC in every bottle and maintains product integrity without the need for refrigeration.
“The deal with Kalvara is a perfect fit for GRO3,” stated Ambrose Fillis, President of GRO3. “Kalvara is dedicated to providing products which are natural, healthy, and free from artificial preservatives. GRO3 provides an all-natural, organic, and safe solution ensuring Kalvara’s Cannabis Beverages are of the highest quality and exceed food safety standards.”
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.
The GRO3 Team has made significant strides toward penetrating the Cannabis Industry with the EcoPr03. Currently, GRO3 has 8 additional deals/contracts progressing behind the scenes across multiple sectors of the cannabis market including cultivation, extraction, and infusion. Further details about these upcoming deals can be expected over the coming weeks and as they continue to develop.
Increasing legalisation of cannabis in much of North America is inspiring imaginative new recipes pic.twitter.com/xVzhMGqBwr
— The Economist (@TheEconomist) February 21, 2019
Scientists are racing to make weed as easy to drink as beer pic.twitter.com/1EyHxDTZqb
— Bloomberg Originals (@bbgoriginals) February 21, 2019
New sources of revenue are always good sources of revenue.
And one has to consider the future of publishing as a business model as well.
Usually publishing a game has huge costs. That’s why so many board games only ever get printed once.
However, they S&L can partner with a digital company and make their own board games into video games, and retain the license.
This would help avoid printing costs altogether, and potentially expose millions of players to the board game.
There are many board games which are being converted into digital titles, such as mobile etc.
They could even combine it with marketing. For example:
Buy any Morning titles digitally and present the proof of purchase to the nearest Snakes&Lattes to save on either the cost of entry or 10% discount on your next purchase!
It wouldn’t be too surprising. S&L did participate in the largest board game conference in the world which was held in Germany.
Plenty of eyes that got to see both the S&L concept as well as the games made by Morning.
Amfil Technologies Inc. Announces 3 New US Based Snakes & Lattes Cafe/Bar Locations In Progress and Additional Locations in Planning Stages
The Snakes & Lattes location in Tempe, Arizona opened in October 2018 and has been gaining traction quickly with month over month revenue increases since its official launch, which indicates the region was a great starting point for the US expansion. Now that Tempe is up and running, the Company is pleased to announce that a second location in Arizona is in the final stages of negotiation, potentially opening as soon as spring/summer 2019. The Company is in the process of finalizing quotes with contractors and anticipates the signing of a definitive lease agreement shortly, moving the project past the LOI stage. The Company will be providing further details on this project as it progresses.
Snakes & Lattes Inc. is pleased to announce that it has selected a venue and received commitment from a joint venture partner, and funder, for a new Snakes & Lattes location in Orlando, Florida. The Company has found a suitable corner unit, in a prime entertainment district which has become available and the Company is in the process of firming up this location. Further details regarding this location will be provided prior to the end of this month.
As previously announced, a JV partner and funder have been secured to open a Snakes & Lattes location in Charlotte, North Carolina. Originally, we had selected a potential location, however since then 2 additional locations have become available which management felt were potentially more suitable for a Snakes & Lattes café. Ben Castanie and Aaron Zack have travelled from Toronto and will be arriving in Charlotte this Thursday, January 10th, 2019 to view all three potential locations alongside the JV partner and funder, to ascertain which location would be most ideal for the café given the target demographic and business specific criteria to ensure the business’s success.
Assuming all goes as planned and the locations are secured, the company expects to begin construction on these 3 additional cafes this spring, bringing the total number of Snakes & Lattes locations operational or under construction from 4 to 7 within the first half of 2019.
Additionally, the company continues to pursue a number of locations to increase café openings for 2019 even further. As previously mentioned, the company already has a partner and funder prepared to open a location in Denver, Colorado as soon as an appropriate location becomes available. The Company adheres to strict criteria in terms of selecting a location to ensure success and finding the correct location to target its demographic has proven to be well worth the wait.
We have the same situation in Fort Collins, Colorado. The funder has provided confirmation of intent to fund and is ready to go as soon as a suitable venue can be secured. We have targeted a specific area in the city which would allow us to directly service our target demographic, but given the popularity of the area, vacancy rates for venues in the area are low. We are monitoring the situation closely and will be alerted once something becomes available.
Again, management is firm in their view that it is better to follow the strict criteria, and wait for a prime location, rather than rush an opening in a lesser ideal location and risk failure. Fortunately, the company has forged close relationships with JV partners and funders prepared to pull the trigger as soon as target locations becomes available in multiple cities.
Furthermore, the Company is currently negotiating with funders and/or potential landlords in 17 other US cities which are at earlier stages of the development process. Many of these cities are also just waiting for the right venue to become available, otherwise everything else has been organized. This could happen at any time; however, they have not progressed to that point yet. The company will provide further updates relating to these potential locations as the deals continue to develop and as venues become available.
Since the successful launch of the first US based location in Tempe, AZ, it appears that 3 additional US based locations are likely to begin construction very soon, and as 2019 progresses that number could increase significantly. The Company looks forward to the continued expansion of its highly popular Snakes & Lattes cafés throughout North America and expects the frequency of new openings to increase continuously for the foreseeable future.
Right. Because more S&L locations are bullshit right?
Got it
Neither do I, but to be fair, news has not been received in well recently. Looks like he is thinking:
If News is not going to be received well until the audit is done, then let’s wait for the audits then. In for a penny, in for a dime as they say.
I’d rather he release any news he has though
Has anyone reached to Ellen? A retweet from her would really be something!
Lupus, sorry for not responding earlier. I do not have PM.
I have to be very honest, I know way too little to consider myself “well informed”.
I am playing here a “logical bet”.
Premise #1
Hardly (if ever) has MAXM ever partnered with a Pink sheet before
Premise #2
MAXM is a big enough name which will draw attention by itself.
Premise #3
There have been filings which are unneeded for a Pink sheet, but required for higher exchanges
Premise #4
The CEO was the former CEO of SONY
Premise #5
This ETF wants to be the first of its kind to target a specific demographic. (This was stated in their last PR, if anyone can prove this to be false I would appreciate it)
So what is the “logical bet”?
There are big names involved in this stock. The market just proved that this can run based off on those names alone.
Only 1 actual PR has been announced, and it was only a general one, which gave information many had guessed on previously. The “meat” has yet to come. The question is:
Can MAXM and The former CEO of SONY make this stock run higher?
I think that is very likely.
If it does run, I have my play money here. Little to lose, plenty to gain, especially at these prices.
But other than that, you have more info than I do lol
I think we are all collectively holding our breaths. The fact that MAXM has partnered with a Pink sheet is impossible to ignore.
They have announced that they want to make the first ETF of its kind.
How exactly will they make money? That remains to be seen.
BUT I know I got my little ticket for the ride just in case...
....because the fact that MAXM partnered with this company is a HUGE asterisk.
Well, so far they have “survived” enough to build 2 company owned locations before finding JRF.
Snakes has “survived” well enough to grow (dramatically I might add) their distribution business.
Snakes has “survived” well enough to start finding new JV partners in the US.
While I can’t know for sure if Snakes would be better off with another CEO, I can be certain that under the current CEO, Snakes has done pretty well for itself.
Wow. Talk about weird. Even if many people can’t invest in pinkies, this is a major newspaper. It’s weird that volume is so low
We are in the same page. I firmly believe that Snakes&Lattes is going to be worth more than $Xxx,xxx,xxx in less than 3 years.
I just wish the CEO gave us more to be excited about, even if he can’t talk about the audits until they are done.
Why not talk about the things going on behind the scenes? Who is the next JV? When does construction begin? How is distribution in the US going? How is the Publishing division moving along? NSI? EcoGro3? Are you seriously going to wait until we are in the OTCQB to start getting people excited about this stock again?
The uplist will do NOTHING if there is no excitement behind the stock. Why not continue bringing in the good news? What is going on?
No, it’s not just his opinion. That date was set by other people of the board.
Today is the day that the Qs are due isn’t it?
Sigh. Another one that is late. But let’s all praise the amazing job that Roger is apparently doing.
I really hope we get a PR soon.
I’m so sorry to hear that! I will definitely pray for her health and steady recovery!
I think that board game developers should join game developers in order to help make those board games into digital games. It would save the costs of manufacturing and allow for many reiterations of the same game.
Snakes&Lattes should look into this.