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Item 1.02. Termination of a Material Definitive Agreement.
On April 20, 2015, Great Plains Holdings, Inc. (the “Company”) elected to terminate the previously reported agreement dated January 30, 2015 (the “Agreement”) entered into among the Company, Bonjoe Gourmet Chips LLC, a Florida limited liability company (“Bonjoe”) and Bonjoe’s members, Joseph Trudell and Gilbert Hess. The Company elected to terminate the Agreement as provided for in Sections 3(a)(iv) and 6.1(d) of the Agreement because of the unfavorable results of the recently completed in-store marketing campaign for Bonjoe’s gourmet chips. No termination fees or penalties were incurred by the
Company under the terms of the Agreement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.