Blessing Fruits
we produce pineapples on a 1500 acres.
$25,000.00
Funding Goal-
$0.00
Funds Raised -
0
Days to go -
Target Goal
Campaign End Method
Overview
we produce pineapples on a 1500 acres.
Crowdfunded Activities
Here's how the company is planning on using the funds raised from this crowdfunding:
Minimum Raise | Maximum Raise | |
Total | 5000 | 25000 |
Company Website: www.blessingfruits.com
Head Office Address: 7-1655 Rue Crevier Saint Laurent
Company Phone No: 5144766341
Company Email Address: christian.ngosso@yahoo.com
we produce pineapples on a 1500 acres.
Ben Dora
Position at Issuer: Director
Municipality of Residence: Sherbrooke, QC
Email Address: bendora@blessingfruits.com
Principal Occupation for the Last Five Years: Businessman
Ben Dora is a solutions-focused Senior Executive and Board Member with more than 25 years of success across the entertainment, financial services, venture capital, and investment management industries.
No securities regulatory authority or regulator has assessed, reviewed or approved the merits of these securities or reviewed this offering document. Any representation to the contrary is an offence. This is a risky investment.
Issuer’s Information
Full legal name: Blessing Fruits
Head office address: 7-1655 Rue Crevier Saint Laurent
Telephone: 5144766341
Website URL: www.blessingfruits.com
Issuer’s Contact Person
Full legal name: Ben Dora
Position held with the issuer: Director
Business address: 7-1655 Rue Crevier Saint Laurent
Business telephone: 5144766341
Business e-mail: bendora@blessingfruits.com
Business Overview
Issuer's Business
A more detailed description of the issuer's business is provided below.
The growing pineapple market is due in part to the popularity of the new ‘Sweet’ or ‘Gold’ pineapple variety which is bigger, has a high sugar content, appealing taste and colour, and is consistent in quality.
God is love
God is peace
God is gratitude
Management
Full legal name: Ben Dora
Municipality of residence: Sherbrooke
Email address: bendora@blessingfruits.com
Position at issuer: Director
Principal occupation for the last five years: Businessman
Expertise, education, and experience that is relevant to the issuer's business: Ben Dora is a solutions-focused Senior Executive and Board Member with more than 25 years of success across the entertainment, financial services, venture capital, and investment management industries.
Number and type of securities of the issuer owned: 2000000
Date securities were acquired and price paid for the securities: November 19, 2019
Percentage of the issuer's securities held as of the date of this offering document: 100
The person aforementioned:
(a) has ever, pled guilty to or been found guilty of:
A summary conviction or indictable offence under the Criminal Code (R.S.C., 1985, c. C-46) of Canada
A quasi-criminal offence in any jurisdiction of Canada or a foreign jurisdiction
A misdemeanour or felony under the criminal legislation of the United States of America, or any state or territory therein
An offence under the criminal legislation of any other foreign jurisdiction
(b) is or has been the subject of an order (cease trade or otherwise), judgment, decree, sanction, or administrative penalty imposed by a government agency, administrative agency, self-regulatory organization, civil court, or administrative court of Canada or a foreign jurisdiction in the last ten years related to his or her involvement in any type of business, securities, insurance or banking activity
(c) is or has been the subject of a bankruptcy or insolvency proceeding
(d) is a director or executive officer of an issuer that is or has been subject to a proceeding described in paragraphs (a), (b) or (c) above
Full legal name: Test
Municipality of residence: Test
Email address: Test
Position at issuer: Test
Principal occupation for the last five years: Test
Expertise, education, and experience that is relevant to the issuer's business: Test
Number and type of securities of the issuer owned: Test
Date securities were acquired and price paid for the securities: Test
Percentage of the issuer's securities held as of the date of this offering document: Test
The person aforementioned:
(a) has ever, pled guilty to or been found guilty of:
A summary conviction or indictable offence under the Criminal Code (R.S.C., 1985, c. C-46) of Canada
A quasi-criminal offence in any jurisdiction of Canada or a foreign jurisdiction
A misdemeanour or felony under the criminal legislation of the United States of America, or any state or territory therein
An offence under the criminal legislation of any other foreign jurisdiction
(b) is or has been the subject of an order (cease trade or otherwise), judgment, decree, sanction, or administrative penalty imposed by a government agency, administrative agency, self-regulatory organization, civil court, or administrative court of Canada or a foreign jurisdiction in the last ten years related to his or her involvement in any type of business, securities, insurance or banking activity
(c) is or has been the subject of a bankruptcy or insolvency proceeding
(d) is a director or executive officer of an issuer that is or has been subject to a proceeding described in paragraphs (a), (b) or (c) above
Start-Up Crowdfunding Distribution
Name of the funding portal the issuer is using to conduct its start-up crowdfunding distribution: farming leverage/Levier Agricole
List the name of all the participating jurisdictions (Canadian province or territory) where the issuer intends to raise funds and make this offering document available: Quebec
The date before which the issuer must have raised the minimum offering amount for the closing of the distribution (no later than 90 days after the date this offering document is made available on the funding portal): April 30, 2020
The date(s) and description of any amendment(s) made to this offering document, if any: test
Type Of Securities Being Issued
Type of eligible securities being offered: Special Warrants
The eligible securities offered provide the following rights:
Voting rights: The Special Warrants do not carry the right to vote. However, each common share issuable upon conversion of the Special Warrants entitles the holder to notice of, and to attend and vote at, each meeting of shareholders on the basis of one vote for each common share held.
Dividends or interests: Holders of Special Warrants are not entitled to receive dividends. Dividends may be paid on common shares from available net income if and when declared by the directors of the Issuer.
Rights on dissolution: Holders of Special Warrants are not entitled to participate in the allocation and distribution of assets upon the dissolution or liquidation of the Issuer. All common shares entitle the holders to participate rateably in the allocation and distribution of assets upon the dissolution or liquidation of the Issuer.
Conversion rights: The Special Warrants automatically convert into common shares of the Issuer on a one to one basis (i) upon the issuance by a Canadian securities regulatory authority of a receipt for a final prospectus qualifying the issuance of the common shares upon conversion of the special warrants or (ii) on that date that is 18 months from the date of issuance of the Special Warrants.
Other: yes
Summary of any other material restrictions or conditions that attach to the eligible securities being offered, such as tag-along, drag along or pre-emptive rights: yes
Offering Details
Total Amount ($) | Total number of eligible securities issuable | |
Minumum offering amount | 5000 | 100000 |
Maximum offering amount | 250000 | 5000000 |
Price per eligible security | 0.05 | |
Minimum investment amount per purchaser: 100
Note: The minimum offering amount stated in this offering document may be satisfied with funds that are unconditionally available to Blessing Fruits that are raised by concurrent distributions using other prospectus exemptions without having to amend this offering document.
Issuer's Business
Describe the issuer’s business. Provide details about the issuer’s industry and operations:
The growing pineapple market is due in part to the popularity of the new ‘Sweet’ or ‘Gold’ pineapple variety which is bigger, has a high sugar content, appealing taste and colour, and is consistent in quality.
Customers
- IGU
- Fruits for life
- Prey
Problematic/Opportunity
- Wood solutions are non
- interlocking and offer no seismic benefits
- Due to the weather changes home owners have issues with deflection and a “sagging” effect creating problems when increased load is on a home. Examples are heavier appliances in a kitchen, heated flooring, tiles or marble flooring.
The Solution
- Helps people eat healthy
- Helps reduce pollution
God is love
God is peace
God is gratitude
Describe the legal structure of the issuer and indicate the jurisdiction where the issuer is incorporated or organized:
the company is legally incorporated
Indicate where the issuer’s articles of incorporation, limited partnership agreement, shareholder agreement or similar document are available to purchasers:
The Issuer’s certificate of incorporation, notice of articles and articles can be viewed at the Head Office of the Issuer.
Issuer's Operations
Has never conducted operations
Is in the development stage
Is currently conducting operations
Has shown profit in the last financial year
Financial statements available
Indicate whether the issuer has financial statements available. If yes, include the following statement, in bold type:
“Information for purchasers: If you receive financial statements from an issuer conducting a start-up crowdfunding distribution, you should know that those financial statements have not been provided to or reviewed by a securities regulatory authority or regulator. They are not part of this offering document. You should ask the issuer which accounting standards were used to prepare the financial statements and whether the financial statements have been audited. You should also consider seeking advice of an accountant or an independent financial adviser about the information in the financial statements.”
INCOME Actual Budget Difference
Operating Income
Category 1 $0
Category 2 $0
Category 3 $0
Category 4 $0
Total Operating Income $0 $0 $0
Non-Operating Income
Interest Income $0
Rental Income $0
Gifts Received $0
Donations $0
Total Non-Operating Income $0 $0 $0
Total INCOME $0 $0 $0
EXPENSES
Operating Expenses
Accounting and Legal $0
Advertising $0
Depreciation $0
Dues and Subscriptions $0
Insurance $0
Interest Expense $0
Maintenance and Repairs $0
Office Supplies $0
Payroll Expenses $0
Postage $0
Rent $0
Research and Development $0
Salaries and Wages $0
Taxes and Licenses $0
Telephone $0
Travel $0
Utilities $0
Web Hosting and Domains $0
Total Operating Expenses $0 $0 $0
Non-Recurring Expenses
Furniture, Equipment and Software $0
Gifts Given $0
Total Non-Recurring Expenses $0 $0 $0
Total EXPENSES $0 $0 $0
Net Income Before Taxes $0 $0 $0
Income Tax Expense $0
NET INCOME $0 $0 $0
Describe the number and type of securities of the issuer outstanding as at the date of the offering document. If there are securities outstanding other than the eligible securities being offered, please describe those securities.
Test1
test11
test111
Use of Funds
Provide information on all funds previously raised and how they were used by the issuer:
Funds previously raised are $89,700 from a crowdfunding campaign which completed on January 7, 2020. The funds will be used for general working capital and financing fees.
Using the following table, provide a detailed breakdown of how the issuer will use the funds from this start-up crowdfunding distribution. If any of the funds will be paid directly or indirectly to a promoter, director, officer or control person of the issuer, disclose in a note to the table the name of the person, the relationship to the issuer and the amount. If more than 10% of the available funds will be used by the issuer to pay debt and the issuer incurred the debt within the two preceding financial years, describe why the debt was incurred.
Description of intended use of funds listed in order or priority | Total amount ($) | |
Assuming minimum offering amount | Assuming maximum offering amount | |
Unallocated Working Capital | ||
Previous Start-Up Crowdfunding Distributions
Details for each start-up crowdfunding distribution in which the issuer and each promoter, director, officer and control person of the issuer have been involved in any of the participating jurisdictions in the past five years: Funds previously raised are $89,700 from a crowdfunding campaign which completed on January 7, 2020. The funds will be used for general working capital and financing fees.
The full legal name of the issuer that made the distribution: Blessing Fruits
The name of the funding portal: Farming Leverage
Whether the distribution successfully closed, was withdrawn by the issuer or did not close because the minimum offering amount was not reached and the date on which any of these occurred: Successfully raised $89,700 by the issuance of 1,760,000 Special Warrants @ $0.02
Compensation Paid To Funding Portal
The commission, fee and any other amounts expected to be paid by the issuer to the funding portal for this start-up crowdfunding distribution:
1. Compensation:
1.1 In consideration of the Services, Issuer agrees to pay to Farming leverage the following fees:
a) Portal Fee: A $CAD 500.00 fee is applied for reviewing and posting the Offering.
b) Processing Fees: A commission of 7% from the amount successfully raised is charged by Farming Leverage.
The issuer is accountable for all transactions fees with the securities regulatory authorities and all other applicable fees.
These Fees and charges are subject to change in the future at the sole discretion of Farming Leverage.
Risk Factors
Order of importance, starting with the most important, the main risks of investing in the issuer's business for the purchasers:
Exploration risk : They are not covered by deposit or investor protection insurance
Systemic risk : 1. Many exempt products are not as liquid as publicly-traded securities and you may be restricted in your ability to sell or transfer these securities; 2. Exempt products are often subject to a greater degree of “key person” risk than more widely held securities.
Financing and Dilution risks : Any transaction may be financed in all or part by the issuance of additional securities by the Issuer and this may result in dilution to the investor, which dilution may be significant and which may also result in a change of control of the Issuer.
Reporting Obligations
Nature and frequency of any disclosure of information the issuer intends to provide to purchasers after the closing of the distribution and explain how purchasers can access this information:
The Issuer will provide notice to each purchaser of each annual and special meeting of shareholders, together with an annual report of operations.
Resale Restrictions
The securities you are purchasing are subject to a resale restriction. You may never be able to resell the securities.
Purchaser's Rights
If you purchase these securities, your rights may be limited and you will not have the same rights that are attached to a prospectus under applicable securities legislation. For information about your rights you should consult a lawyer.
You can cancel your agreement to purchase these securities. To do so, you must send a notice to the funding portal within 48 hours of your subscription. If there is an amendment to this offering document, you can cancel your agreement to purchase these securities by sending a notice to the funding portal within 48 hours of receiving notice of the amendment.
The offering of securities described in this offering document is made pursuant to a start up crowdfunding registration and prospectus exemptions order issued by the securities regulatory authority or regulator in each participating jurisdiction exempting the issuer from the prospectus requirement and the funding portal from the registration requirement.
Date and certificate
“On behalf of the issuer, I certify that the statements made in this offering document are true.”
Full Legal Name as it is appears in the issuer's organizing documents: Ben Dora
Position held with the issuer: Director
Full Name of the issuer: Blessing Fruits
Date: 02/07/2020
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