Amfil Technologies Inc (FUNN)

[OTC_Buyer]

Future franchising and Acquisition:

https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Provides-A-Company-Operations-Overview-Of-The-Last-6-Months?id=160275&b=y

"...Acquisition of a company that would assist with synergizing the internal workings of each subsidiary to prepare for large scale expansion and franchising opportunities -- This company specializes in processes that automate the completion of financial reporting, tax compliance and streamlines the large scale purchasing, accounts receivable / payables and the many other systems needed for multiple locations and businesses. Related to this, a software suite which includes wait-list management, tip pooling, employee scheduling, pay software, shipping, inventory and most importantly the POS system has been internally developed and perfected. This acquisition deal is still in the works, and management has set a benchmark of having 5 Snakes & Lattes locations up and running before completing this acquisition and beginning to franchise the brand..."

------------------------------------------------

Some could think this might be the acquisition that Interloc might do after its spinoff ... but I think it could be another one mentioned in same article snipped below. Reason I think so because if like laws in my state you can be in two different alcohol tier systems so he would need to separate it into another company before purchasing this one and still be able to sell alcohol in restaurants.

"...Infused Vodka, Wine and Gin company This potential acquisition is a brand of infused spirits which has already achieved one of the most difficult tasks in the alcoholic beverage sector, being awarded shelf space in major alcohol retailers in Canada (LCBO). The company is still in the due diligence phase of this potential acquisition and is further analyzing potential for cross synergies with existing subsidiaries. We will provide our investors with further details and a final decision once this is reached..."