Friday, June 29, 2018 7:18:31 AM
“To be absolutely clear, there is no indication that there are any issues of concern, and the company has no doubt that the audit will be completed.”
“We are currently in negotiations with 23 separate locations for potential Snakes & Lattes franchises/joint ventures by interested parties.”
“The Morning acquisition was completed for $150,000 Euros and included all of the company assets minus all debt and/or liabilities as they were extinguished by the Tribunal in France prior to the acquisition.”
“Morning has now been fully integrated into Amfil Technologies Inc. We have created a separate entity in France called Snakes & Lattes Publishing SAS which now owns all of Mornings assets including trademarks, websites, and all the game titles and intellectual property (IP) etc.”
“The recently created Snakes & Lattes team in France has finalized 3 board games which are now preparing for print/production. These game titles include; Kill The Unicorn, Red Panda, and Ikan.”
“The team is now working to finalize the next new line of game titles including BUURN, and another Kickstarter campaign that is planned for early next year. The company expects to begin the manufacturing process for these titles before the end of the month.”
“Snakes & Lattes Inc. will be the exclusive distributor of all Morning/Snakes & Lattes Publishing SAS games throughout the United States and Canada.”
“We shipped over 10,000 games last month which spread over 20+ unique campaigns as part of our fulfillment business. This was our best month thus far, and the pipeline remains full and expanding further into the foreseeable future.”
“One of our largest customers has released multiple new game titles this month, which is expected to translate into a significant spike in order volumes.”
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