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AMFIL TECHNOLOGIES INC - FUNN STOCK NEWS

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Amfil Technologies Inc is a wine and spirits company based in San Luis Obispo, California. The company strives to provide top-quality products and services to its customers, focusing on innovation and growth in the industry. With a strong emphasis on financial stability and strategic partnerships, Amfil Technologies Inc is dedicated to meeting the needs of its shareholders and investors.

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Snakes & Lattes Inc. (OTC: FUNN) has expanded by acquiring Good Move Café in Provo, Utah, in an all-cash deal. Established in 2017, Good Move Café has built a strong reputation with over 1,100 Google reviews averaging 4.6 stars. The new location will maintain its name to respect local culture and will incorporate elements of the Snakes & Lattes brand. This marks the company's eighth location and is part of a broader U.S. expansion strategy, aimed at converting similar cafes across North America, leveraging market potential and favorable demographics.

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Snakes & Lattes Inc. (OTC: FUNN) has announced the upcoming launch of its subscription program and Snakes VIP experience packages. The subscription model, initially piloted in Toronto, aims to create a new recurring revenue source and enhance customer loyalty by offering waived gaming fees, birthday gifts, and discounts. Subscribers will enjoy various benefits and access to a curated monthly board game box. The VIP packages will elevate the gaming experience with personalized services, launching mid-February. Further details will be provided as the programs roll out.

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Snakes & Lattes, Inc. (OTC: FUNN) has appointed Anaïs Guilbert as the new Director of Marketing, enhancing its corporate leadership. Guilbert, who recently moved from France, brings significant experience in brand strategy and digital marketing. She will focus on implementing digital marketing strategies, revamping the company website, and creating a cohesive brand strategy to boost customer acquisition and retention. This strategic hiring comes as Snakes & Lattes seeks to expand its brand presence and capitalize on market opportunities in the recovering hospitality sector.

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Snakes & Lattes, a board game cafe chain, provides a positive business update amid COVID-19 recovery. Major developments include the easing of restrictions in Toronto, boosting guest influx, and the successful Grand Opening in Guelph. Year-over-year comparisons show significant growth, and the company has secured financing for expanded inventory to meet holiday demand. Chicago's improving conditions have revitalized interest in private dining, and Tempe's management is enhancing profitability. Additional support from the Canadian government, including wage and rent subsidies, further strengthens the company’s position as it prepares for increased cash flow.

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Amfil Technologies (OTC: FUNN) announces the opening of a new Snakes & Lattes location in Guelph, Ontario, on October 1, 2021. This expansion marks the second acquisition of an established café, following the Tucson location opened earlier this year. CEO Ben Castanie expressed excitement about the team’s efforts to finalize the venue and provide a unique experience with offerings like gourmet food and board games. COO Aaron McKay highlighted the resilience of the hospitality sector, noting the company has expanded into three new markets since 2020 despite challenges.

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Amfil Technologies Inc. (OTC:FUNN) announced significant sales growth across its locations, with Toronto seeing an 80% revenue increase in five weeks and Tempe approaching 70% growth over 2019 levels. Chicago's revenue surged nearly 400% since April. The company is set to open a new location in Guelph, where they recently appointed a general manager, Bradley Sivyer, to enhance operations. Snakes & Lattes, the company's flagship brand, aims for further expansion across North America, celebrating its 11th anniversary with high expectations for the future.

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Amfil Technologies, Inc. (OTC: FUNN) announced the reopening of its Toronto Snakes & Lattes locations on July 16, 2021, following Ontario's indoor dining regulations. With an upgraded game library and returning staff, the locations will celebrate with a ticketed event on July 17. All three venues will operate fully by July 21, and patrons can book tables in advance. Additionally, the company will celebrate its 10th and 11th anniversaries this month while preparing updates on a new VIP pass and rewards program.

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Amfil Technologies Inc. (OTC: FUNN) reports significant quarterly growth, driven by the success of its Snakes & Lattes division. The company has opened a new location in Tucson, receiving positive reviews, and plans to launch a seventh location in Guelph, Ontario. With strong performance from US outlets, particularly Tempe, which is on track for over $1 million in revenue, the company is optimistic about recovery post-COVID. Leadership transitions and strategic partnerships are underway to bolster future growth, alongside enhancements in audit processes and operational efficiency.

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Amfil Technologies (OTC: FUNN) has appointed Aaron McKay as the new Chief Operating Officer. With extensive experience in restaurant management and a strong background in the hospitality industry, McKay aims to drive growth for the Snakes & Lattes brand, which operates board game cafes across North America. His prior role as Vice President of Food and Beverage helped the company navigate challenges posed by the pandemic. McKay's expertise is expected to enhance operational efficiency and support the company's expansion efforts, focusing on community engagement and enhanced customer experiences.

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Amfil Technologies Inc. (OTC: FUNN) announced its sixth Snakes & Lattes location will open in Tucson, Arizona on April 20, 2021, at 5 PM. The venue, near the University of Arizona, has passed all inspections. CEO Rogen K. Chhabra highlighted this opening as crucial for the company's expansion strategy, signaling progress post-pandemic. The official grand opening is scheduled for April 30, 2021, where shareholders can meet the CEO and the team behind Snakes & Lattes. The company aims for further expansion across North America, enhancing brand presence and community engagement.

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FAQ

What is the current stock price of AMFIL TECHNOLOGIES (FUNN)?

The current stock price of AMFIL TECHNOLOGIES (FUNN) is $0.0031 as of August 16, 2024.

What is the market cap of AMFIL TECHNOLOGIES (FUNN)?

The market cap of AMFIL TECHNOLOGIES (FUNN) is approximately 2.4M.

Where is Amfil Technologies Inc based?

Amfil Technologies Inc is based in San Luis Obispo, California.

What industry does Amfil Technologies Inc operate in?

Amfil Technologies Inc operates in the wine and spirits industry, focusing on providing high-quality products and services.

What is the company's main focus?

The primary focus of Amfil Technologies Inc is on innovation, growth, financial stability, and strategic partnerships within the industry.

How does Amfil Technologies Inc cater to its customers?

Amfil Technologies Inc caters to its customers by providing top-quality products and services, ensuring customer satisfaction and loyalty.

What sets Amfil Technologies Inc apart from competitors?

Amfil Technologies Inc stands out from competitors through its dedication to meeting the needs of shareholders, investors, and customers, emphasizing innovation and growth.

Does Amfil Technologies Inc have any specific goals for the future?

Amfil Technologies Inc aims to continue strengthening its position in the industry, expanding its operations, and achieving sustainable growth.

What is the approach of Amfil Technologies Inc towards financial stability?

Amfil Technologies Inc emphasizes financial stability through debt reduction, maintaining shareholder value, and preserving business growth.

How does Amfil Technologies Inc maintain positive growth indicators?

Amfil Technologies Inc achieves positive growth indicators through revenue growth, solid business performance, and strategic decision-making.

What can investors expect from Amfil Technologies Inc in the coming years?

Investors can anticipate Amfil Technologies Inc to capitalize on growth initiatives, share updates on milestones, and explore new opportunities.

How does Amfil Technologies Inc engage with its stakeholders?

Amfil Technologies Inc engages with stakeholders, shareholders, and customers through a commitment to providing quality products, memorable experiences, and open communication.
AMFIL TECHNOLOGIES INC

OTC:FUNN

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2.37M
672.83M
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