Amfil Technologies Inc. Announces A Firm PO Received From Walmart
For Multiple Of The New In-House Published Game Titles From the
Recently Acquired 'Morning' Subsidiary
Totronto, ON -- July 09, 2018 -- InvestorsHub NewsWire -- Amfil
Technologies Inc. (OTC Pink: AMFE) is pleased to announce that it
has received multiple purchase orders for upcoming game titles
published by its newly acquired subsidiary, Morning. This includes
a pilot project through Wal-Mart which includes a firm initial
purchase order for over 10,000 units of each of the highly
anticipated game titles. This initial purchase order has a USD
value well into the six-figure range.
In order to
protect the company and its customers’ information to price-points,
margins, and purchasing power, the exact dollar values and order
sizes will not be disclosed at this time. However, the company will
assert that the high-volume purchase order from Wal-Mart, and other
retailers, is a strong indication of the traction that the upcoming
game titles have already gained and confirms the confidence that
major retailers have in Morning as a supplier. The pilot project
with Wal-Mart is set to commence shortly as the newly published
games are delivered towards the end of summer. The company
anticipates that this will be a continued long and profitable
relationship for both parties.
The upcoming game titles being published by the recently
acquired Morning subsidiary are currently being produced by game
manufacturer, Panda Game (www.pandagm.com/). Panda Game is one of
the largest and highest acclaimed board game manufacturers in the
world. Over the years, Morning has developed a strong working
relationship with Panda Game due to their high-quality
manufacturing and quick turn-around times. Due in large part to the
highly successful Kickstarter campaign for Kill the Unicorns,
positive reviews from game industry influencers, and high
anticipation from the public, Morning has opted to print large
quantities of each game. This will reduce the cost per unit,
increase margins, ensure that initial demand is met, and also
ensure that there will be no shortage of game supplies as we
approach the next holiday season.
As mentioned in recent press, the all-cash acquisition of the
Morning board game publishing and distribution company was
completed at the end of May. The Morning acquisition was completed
for $150,000 Euros and included all of the company assets minus all
debt and/or liabilities as they were extinguished by the Tribunal
in France prior to the acquisition. Morning has now been fully
integrated into Amfil Technologies Inc. The company has created a
separate entity in France called 'Snakes & Lattes Publishing
SAS' which now owns all of Morning's assets including trademarks,
websites, and all the game titles and intellectual property (IP)
etc.
The company views the above mentioned initial purchase orders
through Morning as strong verification that the acquisition of the
established publisher/distributor will be a significant source of
revenues, contributing to the company’s bottom line and increasing
shareholder value.
Shareholders can expect additional company announcements
shortly.
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 http://gro3systems.com/
For more information on Natural Stuff Inc., please
visit https://www.naturalstuffinc.com/
For more information on Interloc-Kings Inc., please
visit http://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
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 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 website www.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.
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: Roger Mortimer Amfil Technologies Inc. Telephone: (647) 880-5887
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