GREY:VGFCQ - Post by User
Comment by
EatGreenGoGreenon Aug 26, 2020 10:37am
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Post# 31455110
RE:NR today - US Expansion
RE:NR today - US ExpansionThank you for the update another 20k for me. :) Be like $2.00+ soon so it's still a great BUY eh! verygoodfood wrote: The Very Good Food Company Engages Marketing Providers Vancouver, British Columbia, August 25, 2020 – The Very Good Food Company Inc. (CSE: VERY) (OTC: VRYYF) (FSE: 0SI) ("VGFC" or the "Company") has signed agreements with new marketing partners to further expand its presence online and increase awareness among US investors. Pursuant to its initiatives focused on the U.S. market, the Company has entered into an arm’s length investor relations marketing agreement with Future Money Trends, LLC and its affiliates ("FMT") to raise awareness for the Very Good Butchers brand among consumers and the Company's shares among investors. To the knowledge of the Company, FMT and/or its principals own 770,000 shares of VGFC and 35,000 warrants. The agreement with FMT covers an initial term of 90 days at an aggregate cost of US$200,000 to provide financial publishing, digital marketing services, and plant-based consumer oriented articles and podcasts. The Company has also entered into an agreement with Gravity Accelerator PBC ("Gravity"), a Delaware public benefit company for the provision of search engine optimization services. As compensation for the services to be carried out over an anticipated period of time of 120 days, Gravity will receive a consulting fee in the aggregate amount of US$70,000 of which US$50,000 is payable through the issuance of VGF shares and US$20,000 is payable in cash. The number of VGF shares issuable will be determined based on the closing price on the last trading day prior to the date of Gravity's monthly invoice less a 10% discount. All of the VGF shares issued to Gravity will be subject to a hold period of four months and one day from issuance. About The Very Good Food Company The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives. Our mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. To date we have developed a core product line under The Very Good Butchers brand.