Happy Cup, a business venture of the Gonzaga Sisters (Toni and Alex) are now open for buyout, at least according to one of its shareholders. Wilfredo Cruz Jr, one-fifth owner of the 4CK Felice Food Corp announces he is now selling his 20 percent shares of stock, immediately.
Established in May 2016, Happy Cup grew dramatically nationwide through the efforts of effective marketing campaign and its original concept. To date, there are over 100 Happy Cup branches nationwide and still continue to accept franchise opportunities.
In photo: Alex Gonzaga, Khrizia Sta. Ana, Wilfredo Cruz Jr and Toni Gonzaga.
Sometime in November 2017, Cruz left his position to the company under irreconcilable differences with the Gonzagas and started venturing to another business. Other stockholders of 4CK Felice Food Corps are Celestine Gonzaga, Catherine Gonzaga, Crisanta Gonzaga, Carlito Gonzaga and Khrizia Sta. Ana. Cruz then send a formal letter to the corporation to sell his stocks but the Gonzagas didn’t reply to the first refusal hence the option to sell the stocks outside.
In an inquiry made by blogger Rod Magaru himself, , Mr. Wilfredo Cruz mentioned they haven’t decided where to award the final sale of his shares.
“There are ongoing talks with some interested consortiums and investors, and we are ready to sell the shares according to offers and negotiations. We are still open for other investors should they be interested. Right now, I really want to share my stocks so I can prioritize other businesses.” Cruz continues.
One of the interested buyers of the stocks from a business sector mentioned that they directly communicated with Cruz and among the pending paper works is the release of the official stock certificates, which is according to Mr. Cruz is, still being withheld by 4CK Felice Food Corp.
What is really story behind Cruz’ immediate decision to sell? Interested parties may leave your comment or email Mr. Wilfredo Cruz at wilfredocruzjr2019@gmail.com.
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