Business
Amfil Technologies Inc. Announces Game Development and Distribution Achievements of Snakes & Lattes Publishing SAS Subsidiary aka “Morning” Games
Amfil Technologies Inc. Announces Game Development and Distribution Achievements of Snakes & Lattes Publishing SAS Subsidiary aka “Morning” Games.
About this update from Amfil Technologies Inc.
[{"type":"text","content":"Amfil Technologies Inc. (OTC: FUNN), is pleased to provide an overview of its game publishing division, Snakes & Lattes Publishing SAS (Operating as ‘Morning’ Games), which includes its ongoing achievements, current performance, game portfolio, as well as plans for the future.The Company’s top performing subsidiary, Snakes & Lattes Inc., completed an all-cash acquisition of board game creator and publisher, ‘Morning’ Games, in 2018 and subsequently created Snakes & Lattes Publishing SAS, thus entering the lucrative and rapidly expanding market of game publishing. Utilizing its vast network of distribution channels, industry connections, retail locations, and warehousing, the Company has every advantage and has already achieved great success in the space – and intends to grow even further. Game Development and SalesJuly 2018 to June 2019: The Company produced and delivered its highly anticipated debut game, Kill the Unicorns. Kill the Unicorns gained notoriety through its successful kickstarter campaign. Following the release of KTU, the Snakes & Lattes Publishing division had a turnover of $300,000 Euros in a one-year period.July 2019 to June 2020: The Company released the retail version of Kill the Unicorns, as well as its first card game, Red Panda, in several major markets including the UK, France, Germany, Italy, Russia, Australia, Canada, and the USA. The expected turnover for this period is also expected to be around $300,000 Euros which is less than originally projected due to the economic slowdown resulting from the pandemic.Future Plans: During the COVID-19 pandemic, there have been various interruptions with previously used distributors. This has prompted the company to focus on additional direct sales channels instead of depending on sales through distributors. Morning’s games are perfectly suited for direct sales channels such as e-commerce and the Company expects will allow for higher margins. Through the July 2020 to June 2021 period, we will be releasing two additional games which will be discussed in detail moving forward.Morning has been selling games direct to consumer through its website https://morning-games.com since 2019. The design and content of the website was updated in early 2019 and has seen a significant increase in sales. Morning’s games are also available for sale on Amazon and...