Amfil Technologies Inc (FUNN)

[User-65225]

Update on the Snakes & Lattes 3rd retail location at Yonge & Eglinton in Toronto, Ontario, Canada:

*A 10 year lease has been signed for the location
*Possession was taken on May 1, 2017
*McMillan was selected as the firm to design our new 10,000 sq. ft. location. (Visit their website http://www.mcmillandesign.ca/ )
*mform Construction Group was brought on to manage construction (visit their website http://www.mformcg.com/ )

Its in these companies best interest to get #3 up and running fast and smooth. They could be seeing more work from AMFE in the future... but If it takes a little longer, i dont mind, you never know what could happen.

Its possible that the bulk of the work is just interior changes. The kitchen and bars could already be close to what they they need. Roger has contracting experience, so hes not completely relying on the experience of others... and Ben started locations #1 and #2

The company intends to be aggressive on the timeline of opening the third Snakes & Lattes location as it will immediately and dramatically increase numbers throughout the rest of 2017 and beyond. Instead of sitting on cash, the company is utilizing the increased revenues to fuel further growth and expansion at the highest rate we can comfortably support. This ensures continued revenue growth long term and maximum value to our shareholders. http://www.marketwired.com/press-release/amfil-technologies-inc-revenues-increased-1809064-q3-2017-posting-26600-growth-rate-otc-pink-amfe-2214588.htm