Amfil Technologies is a publicly traded entity, trading on the OTC Markets Exchange under the ticker symbol FUNN. Amfil took a new business approach beginning in 2013 when management changed. Amfil now focuses primarily on the acquisition of income generating private companies and optimizing their operations under the Amfil Technologies umbrella.
Amfil is focused on growing shareholder value by allowing investors access to self-sustaining small to medium sized businesses with proven profitable strategies, and identified as having substantial potential for future growth. Amfil seeks to achieve long-term financial returns consisting of regular dividend income, benefiting from preferential tax treatment, and expecting modest mid-to-long term capital growth. Amfil Technologies primarily invests in small to mid-sized companies with above average service capacity, growth potential or existing market share.
Management plans to increase share valuation through acquisitions of small to medium size companies which have the following characteristics:
A) Profitable with little or no debt.
B) Self-sustaining, allowing management to focus on increasing business.
C) Have scalable operations.
D) Are utilizing a proven business model in growth phase.
E) Possess a unique or proprietary technology containing blue-sky growth possibilities and low overhead.
Interloc-Kings Inc. was acquired in recent years with much success and projected growth along with the development of joint venture GRO3 Antimicrobial Systems targeting the medical marijuana industry. Amfil is pleased to announce the recent acquisition of a third business, Snakes & Lagers Inc., an already profitable chain of board game bars/cafes to the Amfil group of businesses. Management plans to build upon this approach and acquire additional profit generating companies, aiming to achieve aggressive growth and increase return to shareholders.