Fiscal year 2021 was transformational for Amfil Technologies, Inc. (OTC:FUNN). The acquisition of our Chicago and Guelph locations, opening Tucson, and adding key members to our corporate and cafe teams have set us up for future growth and success. While revenues were severely impacted by Covid, we’ve been able to leverage government programs in both the U.S. and Canada, as well as getting significant help on our obligations from our vendors, landlords, and financial partners. We are grateful to have not only survived, but grown our footprint into three new markets while many of our competitors have gone under or been greatly diminished. FY 2022 presents an opportunity to focus on profitability, operational excellence, and financial discipline, and we are up to the challenge. Stay tuned for future news!
About Snakes & Lattes Inc.
For further updates from Snakes & Lattes and its parent company Amfil Technologies Inc., please follow us on Twitter @AmfilTech
For more information regarding the company and its related subsidiaries please visit the following websites:
Amfil Technologies Inc. www.amfiltech.com (http://nmw.bz/svKy)
Snakes & Lattes Inc. www.snakesandlattes.com (http://nmw.bz/1KDz)
Interloc-Kings Inc. http://www.interloc-kings.com (http://nmw.bz/9HQ6)
Amfil Technologies Inc. is the parent company to two wholly owned subsidiaries:
1). Snakes & Lagers Inc. holds the trade name and is the owner of Snakes & Lattes Inc. which currently operates 3 tabletop gaming bars and cafes located in Toronto, Ontario, 2 in Arizona (Tempe, Tucson) and 1 in Chicago, Illinois. The company is in the process of expanding throughout North America. Snakes & Lattes Inc. was the first board game bar and cafe in North America, and is believed to be the largest in the world. Our board game cafes have the largest circulating public library of board games in North America for customers to choose from. For more information on Snakes & Lattes Inc., please visit the website at www.snakesandlattes.com (http://nmw.bz/9ZsH).
2). 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 become a top, high quality installation company of outdoor living areas in the Greater Toronto Area. More information on this subsidiary can be found at the website www.interloc-kings.com (http://nmw.bz/ip52)
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's OTC Market or Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should,", "will", "expect," "anticipate," "believe," "estimate," "confident," "intend," "plan" and other similar expressions. Our actual results, such as the Company's ability to finance, complete and consolidate acquisition of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact:
Aaron McKay
Snakes & Lattes Inc.
Telephone: (312)-384-9163