$GNRSF LOI News out!! Laguna Blends Signs a Letter
Post# of 72711
http://finance.yahoo.com/news/laguna-blends-s...00587.html
KELOWNA, BC / ACCESSWIRE / March 3, 2016 / Laguna Blends Inc. (CSE:LAG) (Frankfurt LB6.F) (OTC: GNRSF) (the "Company" or "Laguna" announces a letter of intent ("LOI" with Robert Lamberton Consulting to provide research and development for a brain health, memory coffee that may provide limitless potential of the brain. Laguna will own the intellectual property and world wide marketing rights for the product.
The LOI between Laguna and Robert Lamberton Consulting is for the development of a functional beverage "Brain health and memory Coffee" product. Under the terms of the LOI all hard costs associated with the development of the brain health and memory coffee will be at Robert Lamberton Consulting's expense. Laguna and Robert Lamberton Consulting intend on entering into a formal R&D and development agreement outlining the details of the relationship before April 15, 2016.
Many individuals are personally concerned about brain health issues, due to the growing number of people dealing with such issues as memory and mental sharpness - and even more serious health issues such as dementia and Alzheimer's.
"There are a number of natural source compounds which have been proven to be of potential benefit for brain health and we intend to combine some of these ingredients with the well known health benefits of coffee to offer a great tasting coffee product with these additional benefits," said Robert Lamberton, President and CEO of Robert Lamberton Consulting.
"Laguna is excited to work closely with Robert Lamberton to collaborate on the development of the brain coffee product. The goal is to produce a high quality, instant coffee with efficacious ingredients that have been known to assist in brain health to allow limitless potential," said Stuart Gray, President and CEO of Laguna.
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