is SNPK a Scam?

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Read for yourself and use your mind before you invest.

This is the SEC filling shown at yahoo financial

Walgreens Distributor Agreement

On March 19, 2012, Sunpeaks Ventures, Inc., ("we" or the "Company"), through its subsidiary Healthcare Distribution Specialist, LLC ("HDS"), entered into an agreement with Walgreens Company ("Walgreens") whereby we will be able to sell our Clotamin multi-vitamin products in various Walgreens stores (the "Walgreens Agreement") in the state of Florida. Specifically, we will be selling our Clotamin multi-vitamin products in approximately fifty (50) Walgreens stores in the Miami area, and thirty-four (34) stores in the Sarasota area. Pursuant to the Walgreens Agreement, we will only receive the proceeds from a sale from our Clotamin multi-vitamin products.

In addition to the Walgreens Agreement, we also entered into a non-disclosure agreement with Walgreens which prohibits us from disclosing any proprietary information or data owned by Walgreens.

On March 19, 2012, we issued a press release entitled "Sunpeaks Ventures Announces Clotamin available on Walgreens.com." A copy of the press release is attached as Exhibit 99.1, and incorporated herein by reference.

Paul Silas Endorsement Agreement

On March 8, 2012, we, through our subsidiary HDS, entered into an exclusive celebrity endorsement agreement with Paul Silas ("Silas") (the "Agreement"). The Agreement commences on February 20, 2012 and shall expire on February 19, 2013. Pursuant to the Agreement, we have engaged Silas to promote our Clotamin multi-vitamin product, and Silas has granted us the right to use his name, image and likeness in promoting Clotamin. We have agreed to pay Silas an endorsement fee for his services, which is to be paid in three (3) separate installments throughout the term of the Agreement.

We shall have the right to terminate the Agreement upon ten (10) days written notice to Silas in the event that Silas fails to perform his duties under the Agreement and fails to cure within seven (7) days of receipt of such notice. Silas shall have the right to terminate the Agreement upon ten (10) days written notice upon the occurrence of: (i) HDS filing for bankruptcy; (ii) HDS failing to pay the agreed upon endorsement fees to Silas; or (iii) HDS' breach of a covenant contained in the Agreement that is not cured within seven (7) days of receipt of such notice.

On March 17, 2012, we issued a press release entitled "Sunpeaks Ventures Engages Former All-Star Player and Current Professional Basketball Head Coach as National Clotamin Spokesperson." A copy of the press release is attached as Exhibit 99.2, and incorporated herein by reference.


If you read between the lines, it looks like genuine attempt to project SNPK in a long run as attractive investment.

I have no position ,neither planning to hold any in next 72 hours nor i am paid to write this but i want to make people like me aware about the genuineness of the stock.

Happy Trading.



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