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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: M0NEYMADE who wrote (147695)3/22/2006 8:39:31 PM
From: M0NEYMADE  Read Replies (1) | Respond to of 150070
 
GFYD should run hard "SECURITIES PURCHASE AGREEMENT"

4.3 bil outstanding minus the 3.6 bil insider owns = 700 mil float

THIS SECURITIES PURCHASE AGREEMENT (the "Agreement") is made between the BUYER
and SELLER, whose names are set forth on the signature page below.

WHEREAS, BUYER desires to acquire 3,600,000,000 shares of common stock of GFY
Foods, Inc., a Nevada corporation, (the "Securities") from SELLER, subject to
the terms and conditions of this Agreement;

WHEREAS, SELLER desires to sell the Securities to BUYER, subject to the terms
and conditions of this Agreement; and

WHEREAS, it is intended that the offer and sale of the Securities be consummated
in accordance with the requirements set forth by Section 4(1) under the
Securities Act of 1933, as amended.

NOW, THEREFORE, for and in consideration of the mutual promises herein, and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties agree as follows:
xml.10kwizard.com

ITEM 4. Purpose of Transaction

In the future, Mr. Weed plans to identify new management for the
issuer and encourage this issuer, which is a shell corporation, to
engage in an extraordinary corporate transaction, such as a merger,
reorganization, or recapitalization. Mr. Weed does not have specific
plans for new management or any such extraordinary corporate
transaction. Prior to this transaction, the stockholder with a
majority of the voting power of the corporation took action to amend
the articles of incorporation and various creditors agreed to swap
their debt for equity following amendment of the issuer's articles of
incorporation.