May 5 - KCM Signs Gourmet Food Preparation Client for Innovation of New North American Wide Revenue Model
KCM Holdings Corp. (OTC: KCMH) has signed an agreement with Mise En Place, a company that provides healthy gourmet food that is fast and economical for busy professionals who have no time to cook. Prepared by gourmet Paris-trained chef Judy Wood, Mise En Place services raise the stakes in the $730 Billion food industry.
KCM Holdings Corp. and Mise En Place have entered into a 3-phase agreement for a host of strategic services. KCM has secured a $15,000 upfront cash retainer for phase 1. For phase 2, KCM will be paid an additional $50,000 for expanded business development services as it launches the brand across North America. Mise En Place has also agreed to a revenue share from activities that KCM has or is directly working on for a period of 2 years. A long-term phase 3 has also been agreed to in principle, with the complete details, activities and financial terms to be negotiated in August of 2008.
“For years fast food was the only option for busy professionals and busy families,” says Chad Lefevre, Director of Strategic Development for KCM. “Being busy shouldn’t mean that unhealthy fast food is the only option — and now it is not.”
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