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confuciussay

11/07/14 7:24 AM

#56742 RE: Insane_Vester #56734

I'm a little confused by this post. I was under the impression that the money was a line of credit for 1.2 million that Joe C. is involved with. Why would someone buy that much of fpfi's stock without ownership being involved.

PENNYLAND ! purchase up to $1,250,000 of the Company’s common stock



Effective September 24, 2014, Fresh Promise Foods, Inc. (the “Company”) entered into an Investment Agreement (the “Investment Agreement”) with J.P. Carey Enterprises, Inc. (“Carey”), whereby the parties also agreed to enter into a registration rights agreement (the “Registration Rights Agreement”). Pursuant to the terms of the Investment Agreement, for a period of thirty-six (36) months commencing on the trading day immediately following date of effectiveness of the Registration Statement (as defined below), Carey shall commit to purchase up to $1,250,000 of the Company’s common stock,