FUNN Amfil Technologies Inc (PK)

Amfil Technologies Inc., Through Its Subsidiary Snakes & Lattes Inc., Acquires Fulfillment Operations of Starlit Citadel, the Second Largest Board Game Fulfillment House in Canada  

TORONTO, ON, Canada -- December 12, 2019 -- InvestorsHub NewsWire -- Amfil Technologies Inc. (OTC: FUNN), is pleased to announce that its largest subsidiary, Snakes & Lattes Inc., has acquired the fulfillment operations of the second largest house in the board game fulfillment industry in Canada, Starlit Citadel Logistics, second only to Snakes & Lattes itself.

Starlit is a large fulfillment house in the Canadian market with a long list of well-known customers such as Stonemaier Games, Roxley, Gloomhaven, and Indie Board and Cards. Starlit is considered the second largest fulfillment house for board games in Canada. Starlit Citadel closed its retail location at the beginning of this year and switched focus solely to the fulfilment/logistics services side of the industry. They have been servicing the industry since 2011.

Starlit has a good reputation in the industry and has uniquely positioned itself with logistics operations on the west coast near 2 of the main ports of entry, Long Beach CA and/or Vancouver, BC. Having the logistics centers on the west coast cuts precious time, especially with orders coming from Asia.

This acquisition will reaffirm and significantly increase Snakes & Lattes’ position as the largest board game fulfillment house in Canada. Immediately this will expand the customer base, increase sales, and provide immediate cost savings with national carriers such as FedEx, UPS, Canada Post, and various other freight forwarding companies.

This acquisition will be completed for a total of 1.2M shares of restricted stock and is expected to add significant value to the business and company. This concludes a long business relationship between Snakes & Lattes Inc and Starlit Citadel Logistics, both companies’ founders know the business well and can see the incredible value that will be added by combining the two largest players in the industry in Canada.

Ben Castanie, founder of Snakes & Lattes, states, “We are very pleased to have closed this deal with the nice people behind Starlit Citadel and look forward to a continued relationship moving forward that now adds a west coast operation in Canada to the fulfillment side of the Snakes & Lattes business.”

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