Rosenweiss Capital LLC acquired 74.2% stake in Litera Group, Inc. from Wade Gardner for $0.2 million.
January 06, 2017
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Rosenweiss Capital LLC acquired 74.2% stake in Litera Group, Inc. (OTCPK:LRGP) from Wade Gardner for $0.2 million on December 30, 2016. Post completion, Rosenweiss owns 10.5 million shares of Litera. In connection with the transaction, Wade Gardner released Litera from all debts owed to him. The transaction was financed through the funds of Rosenweiss. Upon completion, Wade Gardner resigned as Litera's President and Principal Accounting Officer. Abraham Rosenblum was appointed as the new President, Chief Executive Officer, Chief Financial Officer, Treasurer, Secretary and Chairman of the Board of Directors while Hershel Weiss was appointed as the new Director of Litera.
Rosenweiss Capital LLC competed the acquisition of 74.20% stake in Litera Group, Inc. (OTCPK:LRGP) from Wade Gardner on December 30, 2016.
First Foods Group, Inc. is focused on developing its specialty chocolate product line through its Holy Cacao subsidiary, participating in merchant cash advances (MCAs) through its Foods Funding Division. Holy Cacao is engaged in producing, packaging, distributing and selling specialty chocolate products, including specialty chocolate products infused with a hemp-based ingredient. Holy Cacao holds four trademarks for the brands, The Edibles Cult, Purely Irresistible, Mystere and Southeast Edibles. The Company has developed approximately 23 recipes for its specialty chocolate product line. It markets its specialty chocolate product line on a full-time basis through multiple distribution and sales agreements, as well as through multiple industry-specific trade shows, through its on-line Website presence, and through its ongoing collaboration with a diverse team of industry consultants who specialize in media relations, public relations, and investor relations.
FIRST FOODS GROUP, INC. 
