1 - DESCRIPTION OF BUSINESS AND DEVELOPMENT STAGE RISK
Foods International, Inc. (The Company) was formed to operate a specialty food business for salad dressing, sauces and condiments.
The Company was organized under the laws of the State of Florida. The Companys year end is August 31. We operate from our
office at 115 N.E 6th Blvd., Williston, Florida 32696.
January 6, 2012, the Company formed Dixie Sauce Co, Inc. (Dixie Sauce) a corporation as a wholly owned subsidiary of the Company
and transferred all assets and liabilities related to its specialty foods business to this subsidiary.
Company has a limited operating history upon which to base an evaluation of the current business and future prospects and has
yet to achieve substantial commercial sales of its initial products. The Company will continue to be considered a development
stage entity until it has begun significant operations and is generating significant revenues.
Company has minimal revenues to date. Since its inception, the Company has been dependent upon the receipt of capital investment
to fund its continuing activities. In addition to the normal risks associated with a new business venture, there can be no assurance
that the Companys business plan will be successfully executed. Our ability to execute our business model will depend on
our ability to obtain additional financing and achieve a profitable level of operations. There can be no assurance that sufficient
financing will be obtained, or can we give any assurance that we will generate substantial revenues or that our business operations
will prove to be profitable.