Nate's Food Company (NHMD)

[Lyons2112]

Nate has a history of developing products and selling them to larger food companies. I talked to Nate about that, in Vegas, and he said: anything is possible and he's already talked to GENERAL MILLS!
"The company markets many well-known North American brands, such as Betty Crocker, Yoplait, Colombo, Totino's, Pillsbury, Green Giant, Old El Paso, Häagen-Dazs, Cheerios, Trix, and Lucky Charms. Its brand portfolio includes more than 89 other leading U.S. brands and numerous category leaders around the world.[4]" Yeah: that $30 billion dollar company.

I believe Nate's plan is: build value by developing 10 additional products and sell the company.
IMHO, the preferred shares will only see limited conversion to common before a buyout. LOL stated: why are the director buying open market shares when they can convert their preferred to common to the tune of 130 million shares? Conversion can be do in 1 year and not all at once.
Good question. The directors will be buying $240K of common on the open market in the next 6 months. The ba$hers would have you believe the shares will be worthless. Ergo, the directors who make $1 per year each will have worthless shares and will have thrown away$60k ,each, to boot. OK: that makes sense.... NOT!
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