Amfil Technologies (OTCMKTS:FUNN) continued to be on the radars of investors yesterday and its stock took its gains for the past week to as much as 20%. In this regard, it is also necessary to point out that the company almost made an important announcement yesterday and it may be a good idea to take a closer look at it.
The company announced yesterday that it was going to open its latest Snakes & Lattes outlet on October 1, 2021 at Guelph in Ontario at four in the afternoon. It is a significant development for the company considering the fact that it indicates that Amfil is steadily growing its presence in North America.
More importantly, it further reinforces Amfil’s status as the oldest, biggest and arguably the best game cafe operator in the market. The opening of the new outlet came about through an acquisition. Earlier on in the year, the company had actually opened another Snakes & Lattes location in Tuscon.
Hence, it is perhaps not a surprise that investors have taken a shine to the Amfil Technologies stock in recent days. It now could be a good move for investors to keep an eye on the Amfil stock in the coming days.
