Toronto, ON -- March 22, 2018 -- InvestorsHub NewsWire -- Amfil Technologies Inc. (OTC PINK: AMFE) is pleased to announce that between November 1st 2017 and February 28th 2018, the distribution side of Snakes & Lattes Inc. has grown from 20 retailers and 5 SKUs to 170 retailers making up 300 locations and 35 SKUs. 

Snakes & Lattes Inc. recently attended trade shows in New York, Reno and Nuremberg, Germany which has resulted in continuing conversations with 10 new publishers (contracts out) and we have formally started as the exclusive distributor of Hub Games, the makers of ‘Rory's Story Cubes’, ‘Untold’, and ‘Blank’.

Snakes & Lattes Inc. also acquired the Canadian Distribution rights to ‘Build Up’ as well as the North American distribution rights to Morning's games ‘Kill The Unicorns’ and ‘Red Panda’. In addition to these new titles, the company also received the exclusive rights to The Awkward Yeti's game ‘OrganATTACK!’ in Canada as well as Galactic Sneeze's lineup of ‘Spank The Yeti’ and ‘Schmovie’ The company also got the rights to the ‘Not Parent Approved’ version.

The company is also pleased to announce that it is in advanced stages to buy Morning, a board game publishing company based in France. Morning was created in 2011 as a distributor and published its first board game, KUMO, in 2015. The company's latest success was a Kickstarter called "Kill the Unicorns" that was financed thanks to almost 8000 backers and $300,000 USD.

The upcoming acquisition of Morning gives AMFIL the opportunity to accelerate the reach of the European board game market that is $2.4 Billion EUR (Approx. $3 Billion USD). Morning is distributed in France, Germany, UK and 20 other markets worldwide. The company also directly serves a network of 400 shops in Europe. 

Valentin Famose, the COO of Morning talks about this partnership,

"We have been talking with AMFIL for the past few weeks, we are really happy about this opportunity to be part of something bigger and leverage the power of Snakes & Lattes to accelerate our growth in North America benefiting from an established network of shops and an outstanding reputation in the board game industry.

This buyout should be secured before the end of April. 

Snakes & Lattes Inc. continues its aggressive expansion on both the distribution and retail levels, striving to achieve its goal of industry domination from initial publishing to final retail sales.

Further updates can be expected from Amfil Technologies Inc. next week.

 For more information regarding the company, please visit www.amfiltech.com and follow us on Twitter for further updates @AmfilTech.

For more information on Snakes & Lattes Inc. please visit www.snakesandlattes.com

For more information on GRO3, please visit https://www.naturalstuffinc.com/" rel="nofollow" target="_blank">https://www.naturalstuffinc.com/"> https://www.naturalstuffinc.com/

For more information on Interloc-Kings Inc., please visithttp://www.interloc-kings.com/

About Us:

Amfil Technologies, Inc. is the parent company to four 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 that brought in over $7M CAD in revenue last year. The company is in the process of franchising 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 have 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 which is expected to add significant revenues to the bottom line. For more information on Snakes & Lattes Inc. feel free to visit the website atwww.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 thewww.gro3systems.comwebsite 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 being, 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 websitewww.interloc-kings.com.

4) Natural Stuff Inc. For over 20 years, Natural Stuff Inc. has been distributing high-quality, value products. Since 1994, the business and delivery system have been satisfying grocery, chain, discount department, and convenience store customers. Wholesalers, vending and catering services are some of our best clients. Natural Stuff Inc. is always searching for new and exciting snack food & drink products to boost in-store sales and drive business and is growing every day.

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," "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: Roger Mortimer Amfil Technologies Inc. Telephone: (647) 880-5887 Email: ir@amfiltech.com
 
 
Amfil Technologies (PK) (USOTC:FUNN)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Amfil Technologies (PK) Charts.
Amfil Technologies (PK) (USOTC:FUNN)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Amfil Technologies (PK) Charts.