EX-1.3
from SC 13D/A
2 pages
December 23, 2002 Championlyte Products, Inc. 1356 N.W. Boca Raton Blvd. Boca Raton, Florida 33432 Re: Series II Convertible Preferred Stock and Related Agreements Ladies and Gentlemen: We Are Writing to Inform You That We Have Sold All of Our Shares (The “Shares”) of Series II Convertible Preferred Stock (The “Preferred Stock”) to Championlyte Asset Acquisition LLC (The “Purchaser”). the Stock Certificate Representing the Shares Has Been Delivered to You Together With This Letter. We Request That You Issue a New Certificate to the Purchaser Representing the Shares and Deliver Those Certificates to Be Held in Escrow for Championlyte Asset Acquisition LLC at the Following Address: Anslow and Jaclin, Llp., Freehold Executive Center, 4400 Route 9 South, 2nd Floor, Freehold, Nj, 17728, Attn: Mr. Richard Anslow, Esq
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EX-1.1
from SC 13D/A
4 pages
December 19, 2002 Championlyte Asset Acquisition LLC 2999 N.E. 191st Street Penthouse 2 Aventura, Florida 33180 Re: Purchase of Series II Convertible Preferred Stock (The “Preferred Stock”) of Championlyte Products, Inc. (“Championlyte”) Gentlemen: You Have Previously Agreed to a Transaction (The “Preferred Stock Sale”) in Which U.S. Bancorp (“USB”) Will Sell All of Its Shares of the Preferred Stock to Championlyte Asset Acquisition LLC (The “Purchaser”) for an Aggregate Purchase Price of $300,000. With Respect to the Preferred Stock Sale, and as a Condition to Its Consummation, USB and Purchaser Agree as Follows: 1. Representations and Warranties of Purchaser. in Connection With the Sale and Transfer of the Shares of Preferred Stock, Purchaser Represents and Warrants to USB That Purchaser: (A) Is in a Financial Position to Hold the Preferred Stock for an Indefinite Period of Time and Is Able to Bear the Economic Risk and Withstand a Complete Loss of Purchaser’s Investment in the Preferred Stock;
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