Amfil Technologies Inc (FUNN)

[Felo31]

To any new investors:

AMFE is a holding company that owns:

1) Snakes&Lattes; a game board café which manages retail, distribution and publishing all in one company.

2) Interlock Kings; a snow removal company based in Canada

3) Natural Stuff; a good distribution company

4) EcoGro3; a product which helps plants grow without needing pesticides etc.

Snakes&Lattes is an incredible growth story in itself. The physical locations have grown from 2 to 4; the most recent location was built in Tempe AZ, and there are many more locations being forecasted for 2019.

Expect a lot of continued growth in with S&L.

Little new information is known about NS.

IK is a small company, that while profitable, does not make the same kind of revenue that S&L does.

EcoGro3 is still very much alive. An LOI was issued for 8 systems for 2019.

https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Incs-GRO3-Division-Enters-Into-Exclusive-Agreement-with-Cannabis-Infused-Beverage-Maker-Kalvara-With-?id=209175

But there is a major red flag. Financials are late. Recently a multi year audit was completed and it apparently ate into the time needed to work on the 10k.

Because of the tardiness of the 10k, the financials for the past Quarter have not been posted either.

That is a major red flag, no “ands ifs or buts” about it.

That said, this company has incredible potential due to S&L, and I believe it will become a billion dollar company on its own. There is plenty of DD on the subject. 2019 will see the openings of about 6 new locations, but the thing to really be on the look out for is the distribution side, as it probably makes the most money within the company.

Publishing will now make an interesting push. S&L will release 3 new board games to the market. This is something to be very watchful of, and could have an incredible impact on the bottom line.