FPFI email response!!!
I sent an email to FPFI late late last night (to the email addr on the PR info@freshpromisefoods) and got a response this morning. Maybe this gives some insight into what comes next.
My email below and their response.
As an investing stockholder in Fresh Promise Foods, I am sorry to hear that the recent attempt to acquire GLF was unsuccessful. In your press release of 12/17/13 you state that you made a "multi-million dollar offer" which was rescinded because it "would have put a tremendous amount of financial pressure on the company and our financial partners, ultimately leading to further bad decisions". In my view this sounds completely reasonable for some one who is trying to move this fledgling company in the right direction.
That being said, I (and I believe, most other investors) am hoping that the "different path" you also refer to will be elaborated on in the near future.
I am also hoping that if you have multimillion dollar financing available you should consider obtaining your own HPP equipment directly from a manufacturer. Although this path may be less direct, and take longer than obtaining an already working facility, it bypasses many of the issues associated with trying to obtain a working facility from a relatively new and extremely limited number of companies in this field. This will allow you to begin making progress with the development of FPFI and grow your business.
I am still a supporter of your team and hope to soon hear many good things about Fresh Promise Foods.
From:info@freshpromisefoods <info@freshpromisefoods.com>
9:59 AM
Thank you for your message. Your observation is quite astute and we really appreciate the feedback. We are disappointed as well but very confident in our decision at the end of the day. Even after all of the time and energy spent trying to get a deal done sometimes it just doesn’t work or make sense. FPFI always had next phase plans and we have been actively pursuing those even during the GLF due diligence process. We look forward to sharing positive developments with shareholders in the near future. I would hope that other shareholders had read yesterday’s news release as closely as you did. Thank you again.
