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Nate's Food Co. (NHMD)

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Nate's Homemade Website: www.nateshomemade.com
Nate's Food Co. Website: www.natesfoodco.com

 





 

Ticker: NHMD  [SEC Reporting - Delinquent ]  

 
ONLINE STORE :  http://www.nateshomemade.com/store
$6.50 per 9" pancake or 8 pancakes for $40! (incorrect, see below for real costs)

Online price: Its actually more like $3.00/can or less.
Assuming shipping is about $18.75 for 8 cans and $13.45 for 4 cans (https://postcalc.usps.com/default.aspx).
8 cans = $40.00- $18.75 = $21.25 = $2.65/can
4 cans = $25.00- $13.45 = $11.55 = $2.88/can
Which tells me that retail costs in stores will be pretty dam competitive.
 

 
BEST DD LINKS TO DATE: 

 

***Nate's Homemade Pancake and Waffle Batter***













***Nate's Homemade on National Radio Show Elvis Duran as "What's Trending" 5/20/15***
https://www.youtube.com/watch?v=f1NaX-BAFRQ&feature=youtu.be&app=desktop




Shareholder Meeting Recap (June 16, 2015): 
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114672458


Conference Call Link (June 16, 2015): 
https://www.freeconference.com/Recordings/ConferenceRecording-15287114-686995.mp3

***Nate on the radio (Feb 2015)...***
Time 19:15 double click on time bar to fast forward 
http://www.blogtalkradio.com/moneyforlunch/2015/02/23/bert-martinez-joined-by-jeanne-bliss-toni-fitzgerald-and-guests


***CC Recording (Jan. 2015)***
https://www.youtube.com/watch?v=979YLpz09IU&feature=youtu.be



***Teaser Advertisements...more to come soon***
 
                                                                                                                                                                                        
 

Background:



Nate's Homemade is a food manufacturing and product development company with corporate offices in Huntington Beach, CA. Our Product Development and Food Science Divisions are based in Fairfield CA and our Production facilities are based in Southern California. Nate’s Homemade is owned and operated by Nate’s Food Co. More information on Nate’s Food Co. can be found at www.natesfoodco.com

Nate's Food Co. was created by Nate Steck. Over the past 20 years, Nate Steck has started 5 different food companies that have generated approximately $200 Million in revenue and in which 3 of the companies were bought by other food companies.Currently, Nate developed Nate's Pancakes which is being sold by Nate's Food Co. Nate also created Batter Blaster which was sold in over 13,000 stores and grossed over $40 Million in sales. The market size for pancakes and waffles (which includes frozen waffles/pancakes and dry mixes) is approximately $1.1 Billion. Batter Blaster sold $40 Million or approximately 3.7% of the total market size.

Nate previously created product lines that focused on a single market. However, with Nate's Food the goal is to expand the Company's product line to include up to 10 products this year (2015) and to continually expand the product line. More information on Nate’s Food Co. can be found at www.natesfoodco.com    

Management:

Nate Steck:
Chairman and Chief Executive Officer
Entrepreneur and trained French Chef and with over 20 years experience in Product Development and Food Production. Developed over 30 successful products from concept to shelf with National distribution for consumer brands and private labels, cumulative sales of 175M. Co-founder of Batter Blaster, Elena’s Food Specialties and Founder of Elite foods.

Launched in 2007, Batter Blaster was the only organic refrigerated pancake and waffle batter in a pressurized can. Reached national distribution and retails sales of 30M. Batter Blaster won Grocery Manufactures Association Award for Innovation and Creativity. Batter Blaster garnered media attention from The Today Show, Regis and Kelly, Sunday Morning, The Food Network’s Unwrapped, as well as 7000 blog mentions. Oversaw all product development and plant management. Created a “new food category” using traditional products in a modern delivery system.

Nate's Resume - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107439321

Marc Kassoff:
Vice-President, CFO, Director
Mr. Kassoff is currently the President and CEO Meyer, Christian and Associates, Inc. a healthcare subrogation firm. This has been my position for the last 17 years. Mr. Kassoff is also on the Board of the Effect and Encompass which serves the South Orange County community as a Drug and Alcohol Recovery Program.

Tim Denton:
Secretary/Director
Timothy Denton has practiced law in California since 1981, and during that time he has represented and assisted dozens of start-up companies and other businesses, handling both matters involving transactional business as well as civil litigation. For the past 12 years he has been the Supervising Attorney at The Firm of Meyer Christian & Associates, primarily representing hospitals and medical provider groups, working with his clients to ensure regulatory compliance with state and federal laws and agencies. He has continued to work with business development issues for a number of start-up businesses throughout this period, including assisting in the development of Nate's Foods, Inc.
 
Jeremy Kaplan:
Vice-President of Marketing and Branding
Mr. Kaplan is a marketing executive and designer with over 17 years experience in retail marketing, branding and design. He has overseen marketing and creative projects that led to the rollout of new product and services for Bloomingdale’s, Ralph Lauren, Donna Karen, Acura, Samsung, Sun Microsystems and NapaStyle. Jeremy has managed marketing campaigns in support of store openings for Bloomingdale’s, and has held roles designing fixtures and furniture for Lexus, Philz Coffee, and Sessions snowboarding and outerwear.

New BoardMember: ABCO Lab, CEO

On December 1, 2015, the Company announced that David Baron, the President of ABCO, will be joining the Board of Directors of Nate’s Food.  As the President of our co-packer and production partner ABCO, David brings years of business and manufacturing experience to our Board of Directors and will be an ongoing and continuing source of information and advice on how to improve operations in order to maximize efficiency and profitabilityMore information regarding ABCO is available at www.abcolabs.com.

Form 4: INSIDERS ISSUING THEMSELVES STOCK!
http://www.otcmarkets.com/stock/NHMD/insider-transactions 


Batter Blaster

In the picture above: Sean O'Connor 
Batter Blaster made $15 million in revenues: http://money.cnn.com/2009/12/23/smallbusiness/batter_blaster.fsb/index.htm
Batter Blaster on Regis & Kelly: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102028111
Batter Blaster on Food Networkhttp://investorshub.advfn.com/boards/read_msg.aspx?message_id=101969096
 

**Flagship Product:  Nate's Pancakes ** 
    


    

Nate’s Pancakes are a ready-to-use, pre-mixed pancake and waffle batter delivered in a pressurized can.  The pre-made batter makes light and airy pancakes or waffles that are fun for the entire family to make together, and are a great way to start your day. With no preparation and no clean-up, we’ve made making breakfast easier for your busy mornings.

 



**Variety 12 Pack **


                                                      
 

**Upcoming:**  
         

Flavor Extension. By increasing the product line of Nate's Pancakes to include flavor extensions, the Company would expect to triple its total distributions points and thereby increasing sales by 200%-300%.

One-Minute Omelet. The Company has begun developing the One-Minute Omelet. The United States produces nearly 100 Billion eggs per year with sales in excess of $8.5 Billion per year. If the Company is able to have the same revenue penetration as Batter Blaster it would generate in excess of $300 Million in revenue.

Guacamole. The Company has begun developing a guacamole product line. The market for avocados and guacamole is approximately $3.5 Billion and in the United States nearly 1.3 Billion avocados are consumed on Super Bowl weekend alone. If the Company is able to have the same revenue penetration as Batter Blaster it would generate in excess of $129 Million in revenue.

**BROWNIES**

 

 

RECENT EVENTS:
1. Launch Party: The launch party for Nate’s Pancakes was held on November 15, 2014. The party took place in the hospitality suite at Aria Hotel in Las Vegas, Nevada. Those that attended were able to tasted waffles and pancakes as well as interact with Nate and management.

2. Shareholder Event (January 2015): The company held a Q&A shareholder event on January 30, 2015 at 1:00pm. The event took place in the Governor’s Boardroom at the Balboa Bay Club in Newport Beach, California. (Listen Here: https://www.youtube.com/watch?v=979YLpz09IU&feature=youtu.be)

3. Nate on the radio (Feb 2015): Time 19:15 double click on time bar to fast forward
http://www.blogtalkradio.com/moneyforlunch/2015/02/23/bert-martinez-joined-by-jeanne-bliss-toni-fitzgerald-and-guests


4. Shareholder Event (June 2015): The company held a Q&A shareholder event on June 16, 2015 at 1:00pm. The event took place in New York City. 
 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114672458

 

EVENT PICTURES:




Blueberry Lemon - Banana Cream - Strawberry Jam - Snickerdoodle



Nate explaining the manufacturing details of the spray can pancakes aka Nate's Pancakes! 

 


FLAVORS!!!

NATE!!!


 

                         

         

                                                                                                                



 

NHMD Share Structure


(as of November 2, 2016)

Authorized: 500,000,000

Common Shares Outstanding: 308,862,435
Float: 295,019,435
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126263207

 

News:     http://www.otcmarkets.com/stock/NHMD/news
Filings:  http://www.otcmarkets.com/stock/NHMD/filings

 

 

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

The share structure has not been updated since April 28, 2016. It doubled in three months!
(as of April 28, 2016)
Common Shares Outstanding: 249,106,891

 

Outstanding Shares 123,647,463 a/o Jan 15, 2016



The status of the following debts are unknown:




Note payable to WB Partners 

During the period ended November 30, 2015, the amount the Company borrowed and repaid to WB Partners (Joseph Wade) is nil. The total amount owed was $60,532 as at November 30, 2015. The loan is at 0% interest and is to be repaid by December 31, 2015 and is currently in default. As of May 31, 2015 this note as classified as a note payable to related party and had a balance of $60,532. 




Note payable to SouthCorp Capital 

On October 20, 2015, the Company issued a Promissory Note to SouthCorp Capital, for $200,000, due October 20, 2017 for a payment for a purchase of the equipment of $177,712 and financing cost of $22,288 related to purchase of this equipment. The Note carries an annual interest rate of 8%. As of November 30, 2015, the Company owes $203,129, of which $3,129 is accrued interest. The deferred financing cost is being amortized over the life of the note using the effective interest method resulting in $1,250 of interest expense for the six months ended November 30, 2015. 

THE ABOVE INFORMATION IS LISTED IN THE MOST RECENT SEC 1OQ FILING DATED: 

10-Q Jun 28, 2016 Feb 29, 2016

Item 3.02 Unregistered Sales of Equity Securities. 
(a) If the registrant sells equity securities in a transaction that is not registered under the Securities Act, furnish the information 
set forth in paragraphs (a) and (c) through (e) of Item 701 of Regulation S-K (17 CFR 229.701(a) and (c) through (e). For purposes of 
determining the required fi ling date for the Form 8-K under this Item 3.02(a), the registrant has no obligation to disclose information under 
this Item 3.02 until the registrant enters into an agreement enforceable against the registrant, whether or not subject to conditions, under 
which the equity securities are to be sold. If there is no such agreement, the registrant must provide the disclosure within four business 
days after the occurrence of the closing or settlement of the transaction or arrangement under which the equity securities are to be sold. 

b) No report need be filed under this Item 3.02 if the equity securities sold, in the aggregate since its last report fi led under thisItem 3.02 or its last periodic report, whichever is more recent, constitute less than 1% of the number of shares outstanding of the class of equity securities sold. In the case of a smaller reporting company, no report need be filed if the equity securities sold, in the aggregate since its last report filed under this Item 3.02 or its last periodic report, whichever is more recent, constitute less than 5% of the number of shares outstanding of the class of equity securities sold.



Facts are Fun 



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11463275





nodummy Tuesday, 11/08/16 08:21:26 PM 
Re: fozzie1964 post# 114630  
Post # 
114640 
of 114640 Go
NHMD - just a quick response to your post 

Quote: 
Same spike has happened several times that dilution is has been done 


That's the case with most penny stocks (even the ones with the ugliest toxic debt issues). They will all have breaks at some point from the dilution which can sometimes lead to temporary rises in the stock price/profit opportunities if the interest is there. 

That's great that you understand the idea of flipping a stock for short term profits and not holding for the inevitable long term losses, but I think the problem is that a lot of people don't understand how to trade penny stocks and often chase too high or hold too long and lose money. The people pumping these stocks aren't usually pumping them as a short term profit opportunity. They are pumping them as some kind of life change long term investment. And that's the problem. Some people are gullible enough to take that sort of pumping literally and lose money by holding too long because of it. 


I haven't followed NHMD, but I'd be willing to bet that over the past 2+ years, NHMD has had lots of press releases and 8Ks about big positive forward looking progress for their business operations that could lead to big long term grown in revenues not too much unlike the recent 8K you are referring to: 

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11648566 

But tossing money around based on forward looking promises and the hope that there is a break in the dilution caused by convertible debt is risky. 

All you have to do is look at a 2 year chart for NHMD and you will see that NHMD is down 97% off its highs from about 2 years ago. That means that a LOT of people that bought into that forward looking hype about NHMD growing into some great company lost money. 

Probably over the past 2 years NHMD has done press releases or 8Ks about product orders, retail store placement, distribution agreements, equipment purchases, and financing all with the intent of making retail investors believe that NHMD was going to grow into some super successful business. 

How great of a company did NHMD grow into? Well the recent 10Q for the period ending August 31, 2016 says about all you need to know about that 

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11644551 

NHMD had only $1,996 in cash as of August 31, 2016 

NHMD had only $2,734 in revenues for the 3 months ending August 31, 2016. Is that really what the company was promising 2 years ago? 

NHMD had an operating loss of $45,940 and a net income loss of $1,511,277 for the 3 months ending August 31, 2016. A company operating at a loss quarter after quarter can only survive by borrowing money. 

Despite all the dilution that caused the price to fall 97% over the past 2 years, the amount of convertible debt on the balance sheet is at an all-time high with $240,526 in convertible debt and another $187,346 in long term debt on the balance sheet. Obviously, since NHMD has almost no revenues or cash, the only way NHMD is going to pay that off is by issued discounted stock causing more dilution. 


In the 10Q we find out that subsequent to August 31, 2016, $92,076 in convertible debts and accrued interest was converted into 30,594,925 common shares. 

The dumping of those 30,594,925 new free trading shares of stock is no doubt what caused NHMD to drop from the $.0084/share (the price on September 1st) to the recent all-time low of $.0015/share. 

That's a big drop (82%) in a short amount of time so it was a decent set-up for a bounce move (assuming the dilution were to stop long enough to allow it to happen) especially with NHMD being such a popular stock at times. 

But the problem is that there is still a lot more convertible debt on the balance sheet that will have to be turned into discounted free trading stock in the future. And the lower the NHMD share price continues to go the more shares it will take to pay off the debt leading to the outstanding share count growing at an accelerated rate. 

Not everybody understands that these temporary rises in price are eventually going to be followed by new dilution and new lows. 



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NHMD News: Current Report Filing (8-k) 10/26/2016 10:52:15 AM
NHMD News: Quarterly Report (10-q) 10/24/2016 06:04:45 AM
NHMD News: Current Report Filing (8-k) 10/17/2016 03:45:51 PM
NHMD News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 10/17/2016 02:41:11 PM
NHMD News: Annual Report (10-k) 10/06/2016 02:18:42 PM
PostSubject
#70954  Sticky Note PURE FACTS... Deep6 12/08/16 10:20:44 AM
#70884  Sticky Note SCAM.... Deep6 12/07/16 11:21:48 AM
#70111  Sticky Note NHMD, KNOW WHAT YOU OWN: investor229 11/16/16 08:50:27 AM
#68363  Sticky Note The real beauty of that BS 8K is DrContango 10/27/16 06:09:47 AM
#52218  Sticky Note Consider this NHMD Valuation stervc 05/30/16 10:26:38 AM
#71039   It is a very standard and scrutinized process. Ben Lurkin 12/10/16 08:45:00 PM
#71038   Got to do it right. They haven't even Ben Lurkin 12/10/16 08:43:02 PM
#71036   Thanks tank! Also lovein the DD contributions by mrMando 12/10/16 08:27:56 PM
#71035   These are material issues indeed. Nobody should Ben Lurkin 12/10/16 06:16:51 PM
#71033   Read the filing. It's plain English, dude. SoupFor1 12/10/16 04:24:19 PM
#71032   2015 comes first, then 2016. billytbone 12/10/16 04:23:01 PM
#71031   I believe you have those reversed, my good Sir. SoupFor1 12/10/16 04:21:57 PM
#71030   THAT IS ONLY THREE MONTHS. SO WHERE DID surfkast 12/10/16 04:20:24 PM
#71029   2015 $9880. 2016 $0 Line not in use. billytbone 12/10/16 04:19:18 PM
#71028   Great DD, soup. Filings tell the story. NHMD Nateshomemade.com :) investor229 12/10/16 04:18:15 PM
#71027   Ouch. That hurts. Depreciation not being SoupFor1 12/10/16 04:17:04 PM
#71026   Can't wait to buy 7 month old crapcakes online! billytbone 12/10/16 04:11:45 PM
#71025   During the year ended May 31, 2016, surfkast 12/10/16 04:09:59 PM
#71024   "As of February 29, 2016, equipment of $395,195 billytbone 12/10/16 04:07:46 PM
#71023   These forward-looking statements are based on the beliefs surfkast 12/10/16 04:00:03 PM
#71022   I've read them. Let's see some proof, SoupFor1 12/10/16 03:54:05 PM
#71021   So the new company is really the Old surfkast 12/10/16 03:53:14 PM
#71020   Read the filings. billytbone 12/10/16 03:53:00 PM
#71019   Oh really? Perhaps you could provide a SoupFor1 12/10/16 03:51:08 PM
#71017   Nate’s Food Co. Announces It has Begun Discussions surfkast 12/10/16 03:48:10 PM
#71016   My buddy at Amamark just got his shipment investor229 12/10/16 03:33:07 PM
#71015   And it's so hard to put stickers on billytbone 12/10/16 03:21:56 PM
#71014   Right on, Fozz. Just got my shipment of investor229 12/10/16 03:16:41 PM
#71013   Coming soon to a southern cali store. fozzie1964 12/10/16 03:05:06 PM
#71012   NHMD appears to be racing towards a huge surfkast 12/10/16 02:58:06 PM
#71011   Not so phantom DD. Ben Lurkin 12/10/16 01:01:58 PM
#71010   A better question for us traders is, where fink 12/10/16 12:08:30 PM
#71008   December is rapidly coming to a close. surfkast 12/09/16 08:25:57 PM
#71007   Unless it is free.... a lot of Ben Lurkin 12/09/16 05:45:27 PM
#71006   Correction wave completed, NHMD recovery beginning? ;) tankworth 12/09/16 04:49:52 PM
#71005   Is that hy the sells continually at least surfkast 12/09/16 04:21:59 PM
#71004   Never will! Nobody is interested in overpriced cancakes. Chili Palmer 12/09/16 04:20:29 PM
#71003   Your'e looking at the wrong shelf. bigcut 12/09/16 04:19:05 PM
#71002   I don't see it on the shelf? surfkast 12/09/16 04:15:03 PM
#71001   VFIN held the line. tankworth 12/09/16 04:02:26 PM
#71000   No worry Nates got this! Chili Palmer 12/09/16 03:43:47 PM
#70999   GREEN IS GOOD! fink 12/09/16 03:29:02 PM
#70997   Delicious pancakes will make me a lot of jimwalters 12/09/16 01:36:55 PM
#70996   NHMD showing GREEN again today!!!!!!!! bigcut 12/09/16 01:06:21 PM
#70995   Cancakes may not be selling at all, but jimwalters 12/09/16 12:33:58 PM
#70994   13 $9.00 trades.Funny stuff! surfkast 12/09/16 12:00:12 PM
#70993   Wade keeps this going so strong in the Ben Lurkin 12/09/16 09:51:34 AM
#70992   .0022 up. And then the market opened. Ben Lurkin 12/09/16 09:50:04 AM
#70991   .0022 up. $NHMD Andco 12/09/16 09:39:15 AM
#70990   Not bad DD there. I'm amazed Wade keeps fink 12/09/16 07:55:45 AM
#70989   So true! fink 12/09/16 01:51:55 AM
#70988   The Company can't file any 8k. It's been fink 12/09/16 01:50:09 AM
#70987   hHy Wade, so when will you allow the surfkast 12/08/16 08:27:48 PM
#70985   Not worried at all, when sales start rolling, bigcut 12/08/16 07:56:25 PM
#70984   2017 will expose investors to at least $285,000 surfkast 12/08/16 07:13:51 PM
PostSubject