Amfil Technologies Inc. Inks Deal To Bring Ten New Snakes & Lattes Locations To The USA
21 Enero 2020 - 7:54AM
InvestorsHub NewsWire
Amfil Technologies Inc. Inks Deal
To Bring Ten New Snakes & Lattes Locations To The USA
Toronto, ON, Canada -- January 21, 2020 --
InvestorsHub NewsWire -- Amfil Technologies Inc. (OTC:
FUNN) is pleased to announce that the company has entered into
an agreement to aggressively expand the Snakes & Lattes
subsidiary’s brick and mortar locations in the USA. A group
of professionals and investors, along with the existing USA
Expansion Team members, will spearhead the rollout of the
additional USA locations. It is expected that these new locations
will be built at a much faster rate than seen to date, some being
worked on simultaneously using the guidelines and model already
established by Snakes & Lattes
Inc.
The initial agreement
is for the opening of ten (10) additional corporate owned locations
in the USA, effectively tripling the total number of worldwide
corporate owned locations. The expansion team is confident in the
success of the proposed openings and have agreed to forfeit any
compensation until the first milestone of four (4) new locations in
the USA have opened. Management and the company is also very
confident in the USA Expansion Team’s abilities in that upon this
first milestone completion of four (4) new corporate owned
locations, Roger Mortimer has agreed to pledge a portion of his own
preferred shares to compensate the group for their efforts to that
point to help minimize share dilution for the benefit of all
shareholders and the company.
This agreement is
independent and will not affect the Tempe, AZ location which is
already open as well as the Tucson, AZ location which is in the
build out process. The group has committed to the
simultaneous construction of numerous cafes, and they are confident
they will be capable of maintaining the high standard customers of
Snakes and Lattes Inc. are accustomed to. The accelerated expansion
will lead to a significant increase in the company’s growth rate,
exceeding anything the company and shareholders have witnessed
previously.
The company is also
pleased to announce the recent addition of Mr. Rogen K. Chhabra to
the USA Expansion Team. Mr. Chhabra was born in Seattle, WA,
graduated in 1995 Cum Laude from Millsaps College, B.S. in Math and
graduated in 1998 Magna Cum Laude from the Mississippi College
School of Law. Mr. Chhabra is a founding partner of Chhabra &
Gibbs P.A. Attorneys at Law and has since grown the firm with his
partner to over thirty (30) lawyers and staff. Mr. Chhabra has
written many articles and given many lectures in the field of law
but also has extensive experience in construction, buildouts and
renovations. Mr. Chhabra, in agreement with his law firm partner,
has decided to come on board the USA Expansion Team full time while
his business partner continues running the law firm they founded.
“I am very pleased to
come on board the USA Expansion Team full time,” states Rogen
Chhabra. “I believe I can add a lot of value and contribute in a
very impactful way with this opportunity to really ramp up and push
the expansion initiative to the next level. We are excited to get
our first goal of ten (10) new corporate owned locations in the USA
up and running in short order and will look to extend and expand
our agreement to many more locations once the first starting goal
has been attained.”
If shareholders or
others are interested in learning more about the USA expansion, or
if there is an opportunity or ideal location they are aware of and
feel the company should be looking at, please send an email
to usaexpansion@snakesandlattes.com.
Shareholders can expect
timely and continued updates on the progress being made by the USA
Expansion Team going forward as the information becomes
available.
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/
Snakes & Lattes
Inc. www.snakesandlattes.com/
Morning (Snakes &
Lattes Publishing SAS) https://www.morning.us/
GRO3 Joint
Venture http://gro3systems.com/
Interloc-Kings
Inc. http://www.interloc-kings.com/
About
Us:
Amfil Technologies Inc.
is the parent company to three 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 and 1 in Tempe, Arizona. 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,
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. For more
information on Snakes & Lattes Inc. feel free to visit the
website at www.snakesandlattes.com
2). 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. The unit can also constantly regulate a
given facility's water supply, oxygenating the water and
maintaining a consistent PPM infusion of ozone that prevents the
formation of algae, bacteria or mold (allowing for comprehensive
water recycling), simultaneously removing the need to use
pesticides and/or dangerous, often carcinogenic products to treat
production problems, as is common throughout the industry today.
This environmentally-friendly solution also eliminates odors, while
slightly reducing the air temperature, lowering energy consumption
by the HEPA filtration and HVAC systems and could potentially allow
for a facilities process to be labeled certified organic in the
U.S.A. when the crop is no longer considered illegal on the federal
level, otherwise "Clean Green" or "Certified Kind" in the meantime.
The EcoPr03 GRO3 Antimicrobial System recently passed product
review by a registered USDA certifying agent for use in California
as well as Pennsylvania and surrounding states. The subsidiary has
developed a strategic partnership with Roto Gro, the creator of
proprietary rotary hydroponic technology. More information on this
product line can be found on the www.gro3systems.com website
or on twitter @GRO3Systems.
3). 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. More
information on this subsidiary can be found at the
website www.interloc-kings.com
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:
Ben
Castanie
Snakes & Lattes
Inc.
Telephone: (416) 500
2911
Email: ben@snakesandlattes.com
Or
Roger
Mortimer
Amfil Technologies
Inc.
Telephone: (647)
880-5887
Email: rmortimer@amfiltech.com
Amfil Technologies (PK) (USOTC:FUNN)
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