Fountain House Holdings Announces Agreement with Fountain House USA.VANCOUVER, B.C.--(BUSINESS WIRE)--Sept. 28, 1999-- Further to the news release dated September 20, 1999, regarding the Heads of Agreement Heads of Agreement A non-binding document outlining the main issues relevant to a tentative partnership agreement. Notes: It is the draft used by lawyers when drawing up the contract. It serves as a guideline for both parties before any documents are legalized. between Fountain House
VSE - Virtual Storage Extended :FHH FHH Familial Hypocalciuric Hypercalcemia (aka Familial Benign Hypercalcemia) FHH Freie Hansestadt Hamburg (German) FHH Fetal Heart Heard .) and Fountain House USA, both parties have agreed on a price of $180.00 per Drinkscenter. This price has been agreed upon based on a 5 year agreement with minimum orders of 105,000 units per year. The Company also wishes to advise that it has received additional airfreighted inventory from overseas to enable the Company to expedite the first portion of the Fountain House USA order. Fountain House Holdings Corp manufactures a unique and revolutionary computerized drinks appliance, designed for in-home use. The appliance which is marketed under the brand named "FH 2000 Drinkscenter", is a cost saving and convenient appliance which dispenses a wide variety of freshly carbonated beverages. Each FH 2000 Drinkscenter sold generates ongoing profits for the Company by way of a royalty paid by distributors on each drink consumed. The beverages included a full range of soft drinks, nutritionally enhanced beverages, sports drinks, mixed bar drinks, as well as pub quality "draft" beers and ciders, all instantly at the touch of a button. On behalf of the Board of Directors Brian Wanden, President The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. |
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