ATLANTA, GA -- (Marketwired) -- 10/01/14 -- Fresh Promise Foods, Inc. (PINKSHEETS: FPFI), a Georgia-based corporation supplying natural and organic health and wellness products, has entered into an investment agreement with J. P. Carey Enterprises, Inc., that will provide up to one million, two hundred and fifty thousand dollars ($1,250,000.00) growth capital under a registration statement to be filed shortly.
As the company moves towards the production phase of its proprietary organic juice blends and upcoming launch, its capital needs will be increasing. This investment agreement gives the company the ability to access capital to meet its growth needs at a lower cost of capital than previous financing agreements. Management believes this will enable Fresh Promise Foods to also meet capital requirements more efficiently as it plans the development of future organic juices.
"This financial arrangement is a perfect fit for our company," said Kevin P. Quirk, Fresh Promise Foods CEO. "It provides us with fast, cheap and strategic capital. As a former officer of FPFI, Joseph Canouse of J. P. Carey, shares our corporate vision to provide 'Greater Goodness for You and Your Family' and is committed to our company for the long-term," concluded Quirk.
Stay tuned for more news from Fresh Promise Foods, Inc.
About Fresh Promise Foods Inc.:
Based in Atlanta, Ga, Fresh Promise Foods, and its subsidiaries seek to be the catalyst to a better quality of life by offering health and wellness solutions that make sense and fit into the everyday lives of all consumers. Focused on three key strategic areas, Food Technology, Consumer Products and Value Added, Fresh Promise Foods will set itself apart from the competition by marrying innovative technology and product development with perceptive marketing and sales service strategy.
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of Fresh Promise Foods, Inc./Anthus Life Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
Fresh Promise Foods, Inc.