Jammin Java Corp (JAMN)

[petermic]

Straight Path Capital

Company is not listed in UK companies registry despite being declared a UK company in JAMN filings. No address is given in the filings and the only name is a Raymond Hall, VP of Straight Path.

As described below under “Item 8.01 Other Events”, Straight Path Capital, a United Kingdom company ("Straight Path") invested $120,000 in Jammin Java Corp. (the "Company") pursuant to the Agreement (defined below) in the months of January, February and March 2011, and is investing an additional $2,380,000 available under the Agreement in May 2011, in consideration for an aggregate of 6,250,000 shares of the Company’s restricted common stock ($0.40 per share).

On December 22, 2010, Jammin Java Corp. (the "Company") entered into a Share Issuance Agreement (the "Agreement") with Straight Path Capital, a United Kingdom company ("Straight Path"). Pursuant to the Agreement, the Company has the right to request Straight Path to purchase up to $2,500,000 of the Company's securities at a price per share of $0.40, until December 22, 2011, unless extended by either the Company or Straight Path for an additional twelve (12) months, and subject to the terms of the Agreement.


http://wck2.companieshouse.gov.uk/4815bb41fe32e3570f23f4ffc66c7d12/wcframe?name=accessCompanyInfo