Business
Amfil Technologies Inc. Provides Update on Audit Completion, Uplisting / Dividend, Franchising and General Company Operations
Amfil Technologies Inc. Provides Update on Audit Completion, Uplisting / Dividend, Franchising and General Company Operations.
About this update from Amfil Technologies Inc.
[{"type":"text","content":"\n \n \n Amfil Technologies Inc. Provides Update on Audit Completion, Uplisting / Dividend, Franchising and General Company Operations\n \n \nAmfil Technologies Inc. Provides Update on Audit Completion, Uplisting / Dividend, Franchising and General Company Operations\n \n TORONTO, ON--(Marketwired - Oct 17, 2017) - Amfil Technologies Inc. (OTC PINK: AMFE) is pleased to provide shareholders and the investment community with the following update on the company's operations.\n Given the multitude of significant events and subsequent announcements expected in the coming weeks, management would like to take this opportunity to communicate several secondary, yet exciting company developments. \n Snakes & Lattes establishes Exclusive Partnership with Lending Loop\n Snakes & Lattes has entered into an EXCLUSIVE partnership with Lending Loop, Canada's first fully regulated peer-to-peer lending platform focused on small businesses. This partnership will fuel and facilitate the mass expansion of the Snakes and Lattes brand across North America, while simultaneously preserving shareholder value. This is the first time in history that Lending Loop has made a direct partnership to finance a growing company, and they will be conducting a mass marketing/advertising campaign to promote both Lending Loop and Snakes & Lattes.\n This partnership solidifies management's' commitment to maintain and further increase shareholder value by avoiding traditional toxic financing deals that are becoming prevalent within the industry. In contrast, Amfil is collaborating with financial innovator, Lending Loop, to fuel the subsidiary's growth at a fair market rate with flexible cash repayment terms.\n Further details relating to this new partnership will be released as it develops.\n For more information about Lending Loop please visit www.lendingloop.ca/\n Snakes & Lattes awards first right of refusal to franchise the Kitchener/Waterloo region of Ontario\n The Kitchener/Waterloo region, and Southern neighbor Cambridge, has a combined 523,894 people, and it is the fourth largest Census Metropolitan Area in Ontario. A large portion of the population consists of students attending the various colleges/universities in the area including the University of Waterloo, Wilfred Laurier University, and Conestoga College. Additionally, Kitchener is home to...