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BubbaInSC

10/20/19 11:37 AM

#257258 RE: User-65225 #257253

CEO Has Filed 0 Definitive Material Agreements for US Cafes

Official FUNN PR Says it's wholly owned by private investor. This was the first announcement by FUNN re: the Tempe Partnership WHERE A PRIVATE INVESTOR WHOLLY OWNS THE US CAFES BECAUSE THE PRIVATE INVESTOR FINANCED THE CAFES AT 100%

3/26/18
https://www.globenewswire.com/news-release/2018/10/02/1588522/0/en/Amfil-Technologies-Inc-Announces-The-Opening-of-The-Snakes-Lattes-First-USA-Location-in-Tempe-AZ-and-Attendance-At-The-Largest-Board-Game-Convention-in-Essen-Germany-Debuting-Newly.html

The project has been fully funded by a private investor in Phoenix who has not only agreed to finance the full build out of Tempe but has also committed up to a further 6 locations in the Western and Southwestern United States over the next 5 years as the right opportunities become available in the targeted cities.