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Document and Entity Information
3 Months Ended
Mar. 31, 2013
May 15, 2013
Document And Entity Information    
Entity Registrant Name FRESH PROMISE FOODS, INC.  
Entity Central Index Key 0001058330  
Document Type 10-Q  
Document Period End Date Mar. 31, 2013  
Amendment Flag true  
Amendment Description

Explanatory Note

 

On November 14, 2013, Fresh Promise Foods, Inc.’s (the “Company”) independent registered public accounting firm D’Arelli Pruzansky, P.A. contacted our Board of Directors regarding a potential misstatement in the Company’s financial statements contained in its quarterly reports for the first and second quarters of 2013 filed with the Securities and Exchange Commission. On November 14, 2013, the Company’s board of directors (the “Board”) and chief executive officer, after consultation with Company’s independent registered public accounting firm, concluded that the following financial statements contained material misstatements: (1) the Company’s unaudited financial statements for the period ended March 31, 2013, filed in a quarterly report on Form 10-Q with the SEC on May 23, 2013; and (2) the Company’s unaudited financial statements for the period ended June 30, 2013, filed in a quarterly report on Form 10-Q with the SEC on August 14, 2013. The foregoing financial statements contained material misstatements pertaining to the failure to record three 12% convertible demand notes totaling $109,500 issued March 13, 2013 and accrued interest payable due on the notes. The notes were issued to a service provider to satisfy accrued expenses. The errors on these financial statements for the quarters ended March 31, 2013 and June 30, 2013 resulted in our Board of Directors concluding that these previously issued financial statements for the respective quarters should no longer be relied upon. The omissions were corrected by us on our financial statements for the quarters ended March 31, 2013 and June 30, 2013 and for the year to date through June 30, 2013. We have filed amendments to all financial statements and reports for those periods. The omissions were also identified and corrected on the 10 Q Quarterly Report filed with the Securities and Exchange Commission November 19, 2013, which may be relied upon.

 
Current Fiscal Year End Date --12-31  
Entity's Current Reporting Status Yes  
Entity Filer Category Smaller Reporting Company  
Entity Common Stock, Shares Outstanding   3,508,888,889
Document Fiscal Period Focus Q1  
Document Fiscal Year Focus 2013