Business
Amfil Technologies Inc. Announces Update on New & Ongoing Business
Amfil Technologies Inc. Announces Update on New & Ongoing Business.
About this update from Amfil Technologies Inc.
[{"type":"text","content":"TORONTO, ON / ACCESSWIRE / August 11, 2017 / Amfil Technologies Inc (OTC PINK: AMFE) is pleased to provide an update on many exciting new and ongoing developments within the company.Snakes & Lattes Shipping & Distribution: The distribution division has been busy fulfilling orders for the 500+ accounts which were newly acquired in July/August. Many new sku's have been added to our product selection since the beginning of Fiscal Q1 to assist with the further growth and expansion of the distribution division. We have already completed shipping on the majority of received orders resulting from the recently announced largest sales campaign initiative in company history which kicked off last month. This consisted of over 9,000 orders which have already been fulfilled less than halfway into Fiscal Q1 2018.International Distribution: Snakes & Lattes Inc. continues to develop and expand on the South-East Asia and European markets, which it holds specific exclusive distribution rights to for specific regions and game titles. We have received order commitments and the product is prepared for shipping to retailers in these selected markets prior to the Christmas/Holiday season. Further details relating to the international distribution will be released shortly.Snakes & Lattes 'Midtown': The management team met with the general contractors and design firm engaged for the Snakes & Lattes Midtown location on August 10th 2017. They have confirmed that the construction is on track for the Snakes & Lattes 'Midtown' opening day in early September, as planned. This location is our largest location to date, and will be the 'flagship location' which all future in-house owned, and franchise leased locations will be modeled after.Snakes & Lattes Publishing Division: The newly formed publishing division has already received it's first publishing and exclusive distribution contract. Snakes & Lattes Inc. has received a signing bonus of $200,000.00 and the first game prototype has already been received and is undergoing the review/testing stages. Further details regarding this deal will be announced shortly. The division continues to explore further development and publication opportunities within the tabletop gaming industry.Company Audit / Up-list Progress: Finally, we are pleased to announce that we have received an estim...