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Friday, November 01, 2019 10:50:17 AM
This is what you want to find in a small cap investment. They all have issues, debt, etc, but the effectiveness of their investments is what a savvy investor focuses on. Snakes has grown significantly since going public. The business plan is working! Minor dilution = solid growth
Its possible that none of these upcoming self published titles will be a big hit, but the position Snakes is in will allow them to sell enough copies to make it a profitable division imo.
Most of these small startup publishers have to work their tail off to get noticed. They are nobodies... Snakes only needs to mention their self published titles to the clients they are already dealing with on a daily basis. This is such a MASSIVE advantage when it comes to sales. Who you know is everything and Snakes is becoming a top dog in this rapid growth sector.
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IMO they are close to unveiling a USA penetration strategy for the Distribution and Fulfillment segments. This will be a MONSTER growth initiative, because game designers and Kickstarter backers love Snakes. There are countless positive comments online... and billions of dollars in games are distributed/fulfilled in the USA each year.
Many of these creators will choose to do business with Snakes over others imo. If its not for the fact that they love Snakes, it will be because we have game cafes, which is a marketing/sales advantage.
I predict they will make a large acquisition in the USA, to gain them an instant foothold... These private distributor owners will jump at the chance to get stock in Snakes/FUNN. Its a great retirement growth plan. It will be an easy deal to make, so its coming imo: https://www.snakesandlattes.com/distribution/
Snakes is in position to CHOOSE who they want.. and it might be more than one distributor that they purchase. Snakes could "roll-up" the sector
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Potential Acquisitions: Morning was one of them and the deal is complete... The next acquisition could drop at any time and it will be a big one. A KEY component...
Snakes & Lattes Inc. is currently in initial discussions with two companies that have expressed interest to be acquired by Snakes & Lattes Inc. The first is one of the largest board game distributors in Canada, and the second is a distributor and publisher in Europe. As the company expands into the USA, the company will be looking at a potential acquisition of a distributor in a key location in the USA, in addition to our own planned distribution center in Chicago, IL. The strengthened US distribution arm would serve as a satellite to complement the initial Northern offices and warehouse in Chicago, and the South Western presence in Arizona.
Further updates relating to the expansion of the Snakes & Lattes brick and mortar locations, as well as the potential acquisitions in the publishing and distribution sectors will be announced as they develop. The company is very excited with the recent developments in terms of US expansion and remains steadfast in its commitment to increase its reach throughout North America and beyond.
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The Gathering of Some of The Gathering of Friends – in Toronto!
Most of the big players in the sector know all about Snakes. They call us the "mothership" for a reason... Even Hasbro has a monthly gaming night at Snakes now, marketing their Avalon titles...
https://www.geekygoodies.com/single-post/2017/04/18/The-Gathering-of-Some-of-The-Gathering-of-Friends-%E2%80%93-in-Toronto
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My apologies to Snakes and Lattes: I was wrong.
https://www.reddit.com/r/toronto/comments/9rtq0r/my_apologies_to_snakes_and_lattes_i_was_wrong/
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Guess who is mentioned?
Multiple credible people are quoted, from different aspects of the sector. Great read and the reason why we are buying into this growth trend EARLY
The Cardboard Renaissance: Analog Games Take Off
https://thetechnoskeptic.com/cardboard-renaissance-analog-games/
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Good read: It's Official, Everyone: Board Games Are Cool Now
https://www.vice.com/en_us/article/9bkj7z/rise-of-board-games
My messages contain many opinions. Please do your own research
and validation.
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