Amfil Technologies Inc. has begun initial discussions regarding a potential acquisition of an industry related infused vodka, gin and wine brand. We will be formalizing the discussion by sending an LOI this week for review. If after the due diligence process is complete, the company seems to be a good fit, we will make a formal announcement on the acquisition at that time.
I guess it wasn’t a good fit... but I like how they’re constantly looking for new acquisitions.
It’s also possible that this is still on the table, but they wanted AMFE to be fully filing before they except it on their end