((RAIN)) Rainmakers-Island

[Nickelback]

AMFE (.1875) Holding well! So what is next?

For those new to this company, Amfil is a sort of holding company for a variety of different business types and brands in Canada. It’s primary subsidiary, right now, however, is called Snakes and Lattes entities this subsidiary that is driving the growth as exemplified by the numbers discussed above.

As an ongoing strategic focus, the company is trying to franchise this brand while also opening fresh centrally operated locations in Canada. There is a midtown Toronto location set to open before the end of the year and this is a major catalyst for Amfil near term.

We would also like to see some numbers that demonstrate or offer some insight into the potential demand for the franchise locations as supportive of the company’s expectations that it should be able to amplify growth with this model.

As noted above, based on both cash balance and the net income, dilution isn’t really too much of a concern right now.

https://insiderfinancial.com/amfil-technologies-inc-otcmktsamfe-is-about-to-breakout