Patriot Berry Farms, Inc. (OTCBB:PBFI) signed contract to acquire a blueberry farm in Levy County, Florida from Douglas and Gail Harmon for $0.4 million on August 20, 2013. The consideration involves land of $0.35 million and equipment of $0.05 million. Also, the out of total consideration, $0.02 million was kept as escrow and remaining was payable by Patriot. The transaction financing was done by loan notes. A maintenance amount was payable beginning August 1, 2013 on the first day of each month to The Harmons. The transaction is expected to complete by October 31, 2013. Glen C. Abbott acted as the legal advisor to Douglas and Gail Harmon.

Patriot Berry Farms, Inc. (OTCBB:PBFI) completed the acquisition of a blueberry farm in Levy County, Florida from Douglas and Gail Harmon on November 15, 2013.