Foodfest International 2000 Inc (FDFT)

[powerbattles]

ACQUISITION OF PURITAN STREET BEVERAGES, INC. WAS DONE IN JUNE 1 WHY THEY STILL HAVE NOT FINISH WITH THE WEBSITE?

WHY THERE ISN'T ANYTHING YOU CAN FIND ON PURITAN BEVERAGES?


NOTE 2 – CHANGE IN CONTROL TRANSACTION
On June 1, 2016, a series of transactions was completed that resulted in a change-in-control of the Company
(collectively, the “Transaction”). At the closing of the Transaction, the Company’s pre-Transaction directors
resigned and were replaced by the Company’s current director.
NOTE 3 – ACQUISITION OF PURITAN STREET BEVERAGES, INC.
Effective June 1, 2016, the Company acquired Puritan Street Beverages, Inc., a Nevada corporation (“PSB”),
pursuant to a Plan and Agreement of Reorganization (the “PSB Agreement”). Pursuant to the PSB Agreement,
the Company acquired all of the outstanding stock of PSB by the issuance of 500,000,000 shares of the
Company’s common stock. The shareholders of PSB was Chris Wallick and Chris Stone, the Company’s officers
and directors. Shareholders holding a majority of the outstanding shares of Company common stock approved
the consummation of the PSB Agreement. In determining the number of shares of Company common stock
to be issued under the PSB Agreement, the Company’s Board of Directors did not employ any standard
valuation formula or any other standard measure of value.
NOTE 4 – DIVESTITURE OF ASSETS
By the terms of the PSB Agreement, all of the Company’s assets in place prior to its acquisition of PSB were
transferred to the former management of the Company, it having been determined to pursue a course of
business that provided an opportunity for its shareholders to be in a better position to benefit from the
Company’s operations.