Amfil Technologies Inc (FUNN)

[masterarms]

"As shareholders are aware, our four locations are temporarily closed in response to the Covid-19 virus. However, to date, landlords have been very accommodating and we feel we will weather this storm. The shipping and logistics division remains operational and there are many things still being worked on behind the scenes that we believe will help strengthen the company once the storm passes, which we all know it will in due time.

We are also well aware of the many respective government programs and SBA assistance that is available to businesses who were effected by the temporary shut downs. Restaurants being one in particular, and are looking into these programs to offer further assistance. These low cost loans (some of which are forgiven) are a fortunate offering as the company has no intentions at this time in doing any public market capital raising which would result in dilution to the shareholders.

We trust all our shareholders and employees as well as their families are staying safe and we look forward to when everything has blown over and business is back to usual. In the meantime we continue to forge ahead and work on various initiatives to help propel the company upon re-open, which we hope to see in the not too distant future."

I used to manage a warehouse that picks and packs luxury clothing from Italy. They are still open and receiving goods off the ships, warehouses in general are considered "essential" in the U.S. I know my old warehouses are still working right now.