Toronto, ON -- May 29, 2018 -- InvestorsHub NewsWire
-- Amfil Technologies Inc. (OTC PINK: AMFE) is pleased to
announce the completion of the ‘Morning” acquisition that was
mentioned in a press release from the company dated March 22nd
2018. The acquisition was an all cash deal of approx. $150,000 EUR
which was paid in full and going forward, beginning in the Amfil
Technologies Inc. 2018 annual report covering the period to June
30th 2018, ‘Morning’ will be consolidated into the company’s
financial statements.
2011 marked the official birth of ‘Morning’ in Toulouse, in the
south of France. Since inception, the Morning Team, a group of
young enthusiasts have been working hard to offer innovative games
and quality products to retailers in France and beyond with one
goal: get up every morning and source, develop, translate, promote
and distribute ‘Morning’ board games.
Morning has numerous published board game titles on and coming
to market shortly. Some of the newest titles that will be hitting
the market in the future will be IKAN, Red Panda and Kill the
Unicorns.
‘Kill the Unicorns’ is a title the company is especially excited
for as the Unicorn theme and trend has been very popular in the
past two years. Capitalizing on the strong theme, the game also
brings a fun and accessible gameplay to families and casual
gamers.
"Kill the Unicorns" was financed on the Kickstarter platform,
thanks to almost 8,000 backers and numerous partners (retailers,
board game cafés) around the world. The game is highly
anticipated: https://www.kickstarter.com/projects/morningplayers/kill-the-unicorns
‘Morning’ will continue to be run by a group of six experienced
professionals within the industry from France as Snakes &
Lattes Publishing SAS. Amfil Technologies Inc. will assist
where possible to continue growing the line of published games,
expanding the brand and distribution to additional countries and
helping out with promoting and distributing the new games.
The company is very pleased to have acquired ‘Morning’ and be
working with such great talent in the industry to bring to market
and expand the vision of the original creators of various board
game titles. Snakes & Lattes Inc. continues its growth and
expansion through this vertically integrated acquisition and we
anticipate a bright future coming from and working with the team at
‘Morning’.
Snakes & Lattes Inc. continues its expansion and franchising
plans throughout Canada and the USA. Updates on this initiative and
internal progress made on this front is forthcoming. Interested
parties and franchise related inquiries are encouraged to reach out
to investors@snakesandlattes.com and a representative
will be in touch with you within 48 hours.
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," "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 Amfil Technologies Inc. (416) 500 2911 ir@amfiltech.com
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