Mr. Robert Hall reports
CORPORATE UPDATE: BOOSH AND SIMPLE YUMMY CHIPS BEGIN BEAUTIFUL BEANFIELDS PRODUCT RUN
Boosh Plant-Based Brands Inc. has entered into a non-binding letter of intent to divest the Beautiful Beanfields brand to Simple Yummy Chips. As the terms are negotiated, both companies will continue to work in good faith to maximize the value of the brand.
President and chief executive officer Robert Hall stated: "I am pleased to announce the commencement of production of Beautiful Beanfields chips. This is an important step for both Boosh and Simple Yummy Chips to provide our high-quality product and brand to the North American consumer. The Simple Yummy Chips team have been extremely helpful with re-engaging with Beanfields' supply chain as they have a strong, long-standing business relationship with them. Consumers can contact both Boosh and Simple Yummy Chips if they would like to enjoy the product once again. We will revisit the overseas markets as announced previously once our North American supplies have been replenished. "
The company will continue working with all of its creditors to resolve outstanding debts.
About Boosh Plant-Based Brands Inc.
Boosh Plant-Based Brands, through its wholly owned subsidiary, Boosh Food, offers high-quality, non-GMO (genetically modified organism), gluten-free, 100-per-cent-plant-based nutritional comfort foods for the whole family.
We seek Safe Harbor.
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