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Attorney at Law, PLLC
18865 State Rd 54 #110 Office: 813.600.2971
Lutz, Florida 33558 Cell/Text : 813.447.7737
Peter@PeterBerkmanLaw.com FL Bar # 110330
July 8, 2014
Mr. Seth Freedman
458 Island Circle
Sarasota, FL 34242
Re: MGS Brands Inc., Asset Purchase Agreement as of January 20, 2011.
Dear Mr. Freedman:
This letter serves as notice that this office has been retained by MGS Brands, Inc. in connection with the above
referenced note (“Note”).
The outstanding principal amount owed on the Note purchase agreement and royalty payments due by you and
your corporate entity currently exceeds $80,000.
As a courtesy, we hereby give you 20 days from the date of this letter to pay the outstanding amount owed. At
the expiration of the 20 day grace period this office will begin legal proceedings on behalf of our client and
against you individually, and any/all connected or related parties and/or entities, including successor-
corporations and their officers.
We conducted a compressive investigation regarding your past business dealings, including your failed method
of acquiring another business and the subsequent litigation and bankruptcy filings. You had a duty to disclose
this information to my client before entering into a transaction that required acting in good faith, and having the
financial ability and integrity to honor your commitments.
Your failure to disclose your past course of dealings has created detrimental harm and tremendous damage
beyond the monetary amounts demanded in this correspondence including the lost opportunity for our client to
sell the business to a more qualified and transparent buyer, which they otherwise would have pursued if you had
provided full disclosure.
At this time you are being provided the opportunity to honor your commitment prior to this firm taking further
legal actions in this matter. I can be reached at the telephone number listed above. Please be informed, this
offer to negotiate and settle amounts owed is dependent on us receiving your response no later than August 1,
Peter Berkman, Esq.
FL Bar # 110330