Amfil Technologies Inc (FUNN)

[recinvestor]

AMFE 8/11/17 News highlights:

DISTRIBUTION FRONT

Fulfilling orders for 500+ newly acquired accounts in just the last month and a half.

SKUS growing in number of game titles being sold.

Shipping has been mostly completed on the two previously announced $1 million + PO's within the Snakes and Lattes gaming distribution division.

Southeast Asia and Europe are two key markets that AMFE has exclusive distribution rights within certain territories/regions. Order commitments have been received from these regions and holiday shipments are being prepared to fulfill these orders.

FRANCHISING OF SNAKES & LATTES

The newest Midtown location opening is set for early September and this flagship location will set the standard and serve as the model for all future in house owned AND franchise leased locations.

Updates on franchising plans will be released with other developing company updates next week.

SNAKES & LATTES PUBLISHING

This new division just received its first publishing and exclusive distribution contract. (As the PUBLISHER, exclusive distribution means worldwide). A signing bonus of $200,000 has been received.

AUDIT AND UPLISITNG

The audit is on pace to meet the extension deadline set by the SEC for fiscal year end 10-K filings. This audit will cover multiple years.

3 years of audited filings is one of the uplisitng requirements for OTCQX.

OTCQX is a higher tier listing exchange that DOES NOT restrict investment from hedge funds, investment banks, retirement funds, and other larger entities within the larger banking/investment community. Adidas and Heineken are a couple examples of companies listed on the OTCQX.

Link to press:

http://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Update-on-New---Ongoing-Business?id=166980

The best time to make an investment in a company is when they have an established business, solid footing within their sector space, and a rapidly developing growth curve.

What AMFE just delivered in today's press is further proof that they have indeed established themselves within their sector and are rapidly growing and accomplishing their business goals on many fronts, while further pushing forward with expansion.

Go AMFE
Rec