Gourmet Provisions Intl Corp (GMPR)

[meidiot]

WHY DO YOU THINK THE BRAND AMBASSADOR HAS AN INTEREST IN PUMPING THIS COMPANY ??

The Company has an unsecured note payable to The Brewer Group Inc., an unrelated third party on
October 19th, 2017 in the principal amounts of $120,000. The note has an interest rate of 15% per
annum. $11,050 accrued interest payable on the loan which included in the accompanying consolidated
balance sheet. The notes are payable under one-year maturities and has a conversion into common
shares feature. The promissory note will not convert into more than ten percent of the Company’s
shares pursuant to an agreement between the parties. The promissory note is not a derivative liability
under EITF 00-19 due to its fixed floor conversion.