PINEAPPLE, INC. : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)

Item 1.01. Entry into a Material Definitive Agreement

PNPL hereby agrees to sell 45.18% interest in PVI for a purchase price of 20,000,000 PNPL shares paid at execution of this Letter of Intent ("Share Cancellation"). PNPL and ORTEGA further agree that PNPL shall no longer owe PVI or Neu-Ventures, Inc. ("NVI"), entities that are both 100% owned by ORTEGA, any funds and that PNPL shall no longer have any indebtedness to PVI or NVI after the date of this Agreement.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits



Exhibits No   Description
10.1            Binding Letter of Intent Regarding Equity Purchase
104           Cover Page Interactive Data File (Embedded within the Inline XBRL
              document and included in Exhibit)

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