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To: Sir Auric Goldfinger who wrote (660)4/22/1999 2:15:00 PM
From: StockDung  Respond to of 10354
 
SALT LAKE CITY, Feb. 25 /PRNewswire/ -- Richard C. Vigos, executive vice president of Fountain Fresh International (OTC Bulletin Board: FTFR) ("the Company"), doing business as BetterStuff, Inc., today announced that the Company has entered into a letter of intent with BetterStuff AG, Zurich Switzerland (the proposed Swiss licensee of the Company).
Under the letter of intent, which has received the approval of the Company's board of directors, BetterStuff, Inc. will receive financing in the amount of $1.4 million in exchange for 14,000,000 shares of restricted stock of the Company. Funding will be used for the continued operations of the Company and engineering design work.