FUNN
Amfil Technologies Inc.

Snakes & Lattes (OTC:FUNN) As we look to the new year, we are pleased to provide updates and news on where we are headed in calendar 2022:

Name Change

We have legally changed our corporate name to Snakes & Lattes Inc. and documents are in the process of being submitted to FINRA, which will be the last step to unify the company under one name.  We are proud of the business we’ve built, and look forward to continuing to grow the brand, expand into new markets, and create new revenue streams!

North America Expansion

Since the pandemic, our expansion understandably slowed, but we were still able to add three new restaurants to our portfolio in the past two years. Now that we are seeing a path to more stability in 2022, we have reestablished with John Fox as head consultant for our North America expansion to scout new locations and acquisitions, as well as connecting with investors.  John was instrumental in bringing both of our Arizona locations into the fold, and he’s back on the hunt!  The real estate, investment, and market conditions are constantly changing, but John has been working hard to find the next Snakes & Lattes locations and secure funding.  We’ve sure updates when we have a signed lease or purchase agreement, as the success of a location depends on getting the right location at the right price at the right time.  In order to find the right opportunity, we’ll explore many leads, not all of which will result in a new location, but rest assured, John has a great track record and a keen eye for finding good prospects.  We are ready to ramp up our expansion plans this year and keep growing the brand! Instead of being reliant  stock based compensation, for each opening the company will do its best to self finance additional location openings, if we need with added support from shareholders at large.

The pandemic put a halt to most expansion thoughts, but the company now feels we are close enough to the end of the pandemic to start the expansion process again. My team shall scout for new locations, find landlords with vacancies and work with investment partners to put together the pieces needed to bring a cafe to completion.  It is a slow process, so starting now will hopefully allow us to be under construction or ready to open by time things get back to normal”, stated John Fox.

The company is looking for traditional, bring a new concept to market in California with some terrific partners who are well known in the hospitality and video game industry, and we couldn’t be more excited to share that they’ve secured seed capital, and we’re putting together an operating agreement that will mean an “asset-light” revenue stream for us as a company.  They value our position as the first, biggest, and best board game restaurants and bars in North America, and we are truly humbled to be working with them to bring an amazing concept to market.  We will be operating partners and will get an equity stake in the new venue in exchange for operational leadership and expertise.  The first milestones have been hit, and as we get closer to going public with this partnership over the coming weeks, we will keep our shareholders in the loop.

We’ve been working with our friends at BoardGames2Go to provide tabletop game rental with same-day delivery, which has been an excellent way for us to stay connected with our loyal customers even when they weren’t able to join us in our spaces in Toronto.  This was a successful partnership through the Christmas season, and we are working on expanding experiences available to include food, drinks, and game teachers to provide the Snakes & Lattes experience at home.

Canadian Operations

With the latest mitigation measures put in place yesterday in Ontario, we have qualified for several subsidies, including support for rent at each location, as well as wage subsidies for select employees.  Our Canadian locations will remain largely operational with retail, coffee, and carryout food available.

Corporate Team

With the addition of our new Director of Marketing, we now have corporate finance, operations, IR, and CEO roles filled.  Our corporate tea is mostly based in Canada.  They have been able to both guide long-term strategy and cut controllable costs by jumping between direct operations management and their corporate director roles.  While we are still outsourcing some corporate functions, as we grow, we will continue to evaluate where we are best served by adding headcount, and where we can remain lean.  Right now, we are glad to have held off on growing the corporate ranks too quickly, as we are still navigating rolling disruptions due to Covid. 

In the coming year, we’ll be adding a community manager to the marketing team to support social and earned media, as well as SEO, SEA, and email marketing.  We also anticipate adding support in design and branding as we build and strengthen our brand as the leader in board game restaurants and bars in North America.

The operations team will be run from Chicago, with regional directors in Toronto and Tempe.  The focus will be working with the finance team to zero in on KPIs and manage them actively as operations normalize over the coming months.  Aligning incentives with clear and measurable goals for our General Managers and Chefs is a top priority for this quarter.  On the F&B front, we are adding additional meal periods in multiple markets with weekend brunch service and expanded third party carryout and delivery. 

With long serving leaders of our teams at each of our locations across the company, we are focused on developing the next generation of managers as we promote from within and create new job opportunities.  We have nearly doubled our headcount at the restaurants in the last year and have become a preferred employer, even in a tight job market.  We are testing some hybrid roles to share resources for game teaching, retail expertise, and tabletop game culture within the company from our local leaders in Canada and the US.  We believe this will create more value and better experiences across the brand.

Last year was a transformational year for us as a company.  We are confident that 2022 will provide many more opportunities for us to create value, drive revenue, and bring our brand to more and more people.  As always, please feel free to reach out with questions or concerns:

Stay tuned, ongoing communication will continue throughout the course of the month!

More to come shortly as communication picks up as promised.  Relations

john@snakesandlattes.com  - North America Expansion

Take care and have FUNN,

Ben, Aaron, and the Snakes & Lattes team

About Snakes & Lattes Inc.

For further updates from Snakes & Lattes Inc., please follow us on Twitter @SnakesLattesInc

For more information regarding the company and its related subsidiaries please visit the following websites:

Snakes & Lattes Inc. www.snakesandlattes.com

Interloc-Kings Inc. http://www.interloc-kings.com

Snakes & Lattes  Inc. is the parent company to two wholly owned subsidiaries:

1). Snakes & Lagers Inc. holds the trade name and is the owner of Snakes & Lattes Inc. which currently operates 7 tabletop gaming bars and cafes located in North America.  The company is in the process of expanding throughout North America. Snakes & Lattes Inc. was the first board game bar and restaurant in North America, and is believed to be the largest in the world. Our board game cafes have the largest circulating public library of board games in North America for customers to choose from. For more information on Snakes & Lattes Inc., please visit the website at www.snakesandlattes.com.

2). 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 become a top, high quality installation company of outdoor living areas in the Greater Toronto Area. 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:

Aaron McKay

Snakes & Lattes Inc.

Telephone: (312)-384-9163

Email: aaron@snakesandlattes.com