The Litchfield Fund reported that it closed an equity investment in Harvest Soul Inc. It is a wholly owned subsidiary firm of Fresh Promise Foods Inc (OTCMKTS:FPFI). The investing entity is a family-owned joint venture that makes venture capital and equity investments in the organic and natural food and health industry. It provides up to 5% of net profits every year to groups and measures supporting food co-ops, independent farmers and farmers markets.
The entity
Fresh Promise Foods subsidiary creates organic beverages and food from some of the healthiest ingredients of the world. The new product line of Chewable Juices contains fiber-rich fruits and vegetables mixed with chewable seeds, berries and nuts. These juices promote chewing, which supports digestion resulting into better nutrient absorption.
The juices produced by Harvest Soul are HPP Fressurized™. It suggests that they have harvest freshness and nutrients that is not seen with heat pasteurization. Fresh Promise Food’s subsidiary firm is both Non-GMO Project verified and USDA Organic certified.
The expansion
Recently, the subsidiary firm reported addition of two new flavors in Organic Chewable Juice line. The two flavors are Veggie Beet Fusion and Berry Banana Fusion. The produced organic Chewable Juices have more than fifteen vegetables and fruits blended in it with perfectly sized pieces of berries, seeds and nuts.
The juices are full of protein and fiber, and do not contain concentrates or added flavors and sugar. Fresh Promise subsidiary offers organic Chewable Juices in four delicious flavors including the Tropical Fusion and original Green Fusion. Kevin P. Quirk, the CEO of Fresh Promise Foods Inc (OTCMKTS:FPFI), said that they are product to associate with the Litchfield Fund as company’s first equity investor.
In last trading session, the stock price of Fresh Promise Foods gained more than 11% to close the trading session at $0.00100. The gains came at a share volume of 29.24 million compared to average share volume of 6.78 million.
