Nate's Food Company (NHMD)

[stervc]

fink, with your NHMD sentiments...

I share you same sentiments here with NHMD. The main thing that attracted me to NHMD was their 8-K of having a large manufacturer that can help them to sell over 2,000,000 units/cans per month.

If that actually takes place, given that they use past prices of approximately $5.00 per can, then that's $10,000,000 per month in Revenues. Better yet, that's $120,000,000 per year in Revenues.

They have filed 8-Ks to have been in contact with Kroger, QVC, and ConAgra of which all are multi-billion dollar companies. Any news of a deal with any of those powerhouses, then NHMD will definitely not be here at these levels. Since they have an Outstanding Shares (OS) amount of 249,106,891 shares, I'll let anyone here do a valuation of what would exist if NHMD achieve these goals, especially with Kroger, QVC, and ConAgra:
http://www.natesfoodco.com/

Given that the management here has generated approximately $185 Million in the past, I think that the number above is not out of the question:

http://www.natesfoodco.com/faq-1/
Q. Did Nate create the products for Nate’s Pancakes?

A. Yes. Nate also was responsible for all product development for Batter Blaster. Sean O’Conner was responsible for the sales and marketing for Batter Blaster. Nate has also created the following products/entities: Elite Foods: Revenue $5 Million (discontinued in 1997); Polenta Pack: Revenue $10 Million (sold to Monterey Pasta in 2000); Elena’a Food Specialties: Revenue $80 Million (sold to ADF Foods in 2001); Nate’s Product Line of Meat Alternative Products: Revenue $50 Million (sold to ADF Foods); Batter Blaster: Revenue $40 Million (discontinued in 2012). From 2002 – 2012, products from Nate generated approximately $185 Million.

v/r
Sterling