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Wednesday, December 1, 2021

The Fascinating Story of Snakes & Lagers and Amfil Technologies Inc. (OTCMKTS: FUNN)

Amfil Technologies Inc. (OTCMKTS: FUNN) is heating up and surging higher in recent trading as the Company continues to reopen its Snakes & Lattes Inc. with a comprehensive plan in place to successfully navigate through the covid-19 pandemic ensuring strong cash flows and finances while maintaining high service standards.

It’s easy to get excited about FUNN as it works to open its newest and what will be the fifth Snakes & Lattes board game caf/bar set to open in Tucson, Arizona joining its other location in Tempe as well as 3 locations in Toronto, Ontario. FUNN management also recently stated “we are in the process of finalizing multiple deals that we think shareholders and the rest of the market will find very exciting. These deals will be announced in the coming weeks once finalized.”

Amfil Technologies Inc. (OTCMKTS: FUNN). is the parent company to three wholly owned subsidiaries the most exciting of which is Snakes & Lagers Inc. which holds the trade name and is the owner of Snakes & Lattes Inc. which currently operates 4 tabletop gaming bars and cafes with 3 locations open in toronto at Bloor, College and Eglinton and 1 location open in Tempe, Arizona and another location opening in Tucson, Arizona. Currently expanding throughout North America. Snakes & Lattes Inc. was the first board game bar and cafe in North America, is believed to be the largest in the world and has the largest circulating public library of board games in North America for customers to choose from. Snakes & Lattes Inc. currently has a 100+ member staff and recently acquired the exclusive distribution rights throughout Canada for some of the most popular board games in the world. The company also operates a lucrative fulfillment and distribution division and has recently entered into the board game publishing business through the acquisition of Morning which is expected to add significant revenues to the bottom line. To this end the Company is already selling board games such as KTU/Red Panda/Pigicorn to over 192 Individual Retailers + 125 locations for retailers with multiple locations (296 total) and on Amazon USA : England : France : Germany : Italy : Canada : Saudi Arabia : Australia and Singapore.

FUNN subsidiary the EcoPr03 GRO3 Antimicrobial System was jointly developed between Amfil Tech and A.C.T.S. Inc. which recently rebranded its technology under Advanced Ozone Integration as an extension of the existing ozone technology being utilized in the food and beverage industry and integrated by A.C.T.S. into companies such as Pepsi, Nestle, Sysco, Sun Pacific and many others. The system is a triple-function sanitization unit capable of naturally eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators (like aphids, whiteflies and spider mites), as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals.

FUNN subsidiary Interloc-Kings Inc. is a hardscape construction company servicing the Greater Toronto Area. This subsidiary is an authorized Unilock installer. Unilock is North America’s premier manufacturer of concrete interlocking paving stones and segmental wall products. Interloc-Kings Inc. has an A+ Rating with the Better Business Bureau (BBB) and a 10/10 rating on homestars.com. Specializing in stone and wood installations between $5,000 and $150,000 per project, Interloc-Kings Inc. has quickly become a top, high quality installation company of outdoor living areas in the GTA.

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Microcapdaily first reported on Amfil Technologies Inc back in September 2018 when it was AMFE reporting at the time: “Amfil Technologies Inc (OTCMKTS: AMFE) has been running up the charts in recent days from a start point of $0.08 to recent highs near $0.15. The stock has also transformed to become one of the most traded stocks on the entire OTCBB. The big story on AMFE is Snakes & Lagers Inc. which currently operates 3 tabletop gaming bars and cafes located in Toronto, Ontario that brought in over $7M CAD in revenue last year. The company is in the process of franchising throughout North America. Snakes & Lattes Inc. was the first board game bar and cafe in North America, is believed to be the largest in the world and have the largest circulating public library of board games in North America for customers to choose from.

In June the Company updated shareholders on progress made with its newest and what will be the fifth Snakes & Lattes board game caf/bar set to open in Tucson, Arizona. Construction began on the venue shortly after the permits were received in early April 2020 and has been progressing well. The new walls are in place and the team is now working on furniture, lighting, and the kitchen equipment. The Company recently obtained approval for the venues new exterior design and signage. The designs were selected to make Snakes & Lattes Tucson the most eye-catching venue on University Avenue and be visible from all the way down the street and from the University entrance which is a seconds walk away. The Snakes & Lattes Tempe location reopened last month and is one of the few restaurants open and serving alcohol as many other places did not survive the closure period and will not be reopening.

Recently the Company announced its strategy to successfully navigate through the covid-19 pandemic ensuring strong cash flows and finances while maintaining high service standards. FUNN has implemented a strategy that consists of 3 fundamental core values: SAVING Retaining capital and reducing expenses. SIMPLIFICATION Simplifying processes, procedures, leaner staffing and operations, etc. SERVICE Focusing on our primary source of revenue: our guests.

FUNN Management states: additionally, we are in the process of finalizing multiple deals that we think shareholders and the rest of the market will find very exciting. These deals will be announced in the coming weeks once finalized.

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Currently on the move FUNN is an exciting story developing in small caps; the Company is already doing very significant revenues reporting $11.3 million in sales for the year of 2019. The Company operates the first board game bar and cafe in North America, believed to be the largest in the world called Snakes & Lagers Inc. which operates 4 tabletop gaming bars and cafes with 3 locations open in toronto at Bloor, College and Eglinton and 1 location open in Tempe, Arizona and another location opening in Tucson, Arizona. The stock is surging higher in recent trading as the Company continues to reopen its Snakes & Lattes with a comprehensive plan in place to successfully navigate through the covid-19 pandemic ensuring strong cash flows and finances while maintaining high service standards. FUNN management also recently stated “we are in the process of finalizing multiple deals that we think shareholders and the rest of the market will find very exciting. These deals will be announced in the coming weeks once finalized.”  We will be updating on FUNN when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with FUNN.

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Disclosure: we hold no position in FUNN either long or short and we have not been compensated for this article.

Ali Raza
A journalist, with experience in web journalism and marketing. Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications.

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