Nate's Food Company (NHMD)

[Sleepy2016]

in compensation stock.

No, it was stock they gave themselves on the date they took over the shell.

Title of the Class: Common Stock

Date you Acquired: 5/20/2014

Nature of Acquisition Transaction: Merger

Name of Person from Whom Acquired
(If gift, also give date donor acquired): Nate's Food Co., Inc.

Amount of Securities Acquired: 2,700,000

Date of Payment: 5/20/2016

http://ih.advfn.com/p.php?pid=nmona&article=72317527

None of the filings seem to mention it tho unless they are converting Series B prefered stock. The Series B converts at a 1:1000 ratio and both Nate and Marc gave themselves 52,500 prefered shares each (52 million common shares apiece). They still have plenty more to sell.

On May 12, 2014, Nate’s Pancakes issued 148,115 shares in exchange for $150 cash as founders’ shares. These shares were issued to Nate Steack and Marc Kassoff.
...
On May 12, 2014, the Company executed a reverse merger between the Company and Nate’s Pancakes whereby Nate’s Pancakes was the surviving entity and became a wholly owned subsidiary of the Company. The Company issued 148,115 shares of its Series B Preferred Stock in exchange for the 148,115 shares of Nate’s Pancakes. Of the 148,115 Series B Preferred shares, 115,500 shares were issued to the CEO and directors of the Company. Additionally, 1,940,103 shares of the Company’s Series A Preferred Stock were issued, 1,940,102 shares where purchased by the CEO and directors of the Company from David Cutler.

https://www.sec.gov/Archives/edgar/data/1409446/000147793215005999/nhmd_10k.htm

Nate’s Food Co. (“we”, “us”, “our”, the "Company" or the "Registrant") was incorporated in the state of Colorado on January 12, 2000. Nate’s Food Co. is domiciled in the state of Colorado, and its corporate headquarters are located in Huntington Beach, California. The Company selected May 31 as its fiscal year end. On May 12, 2014, Nate’s Pancakes Inc. was incorporated in the state of Indiana. On May 19, 2014, the Company completed a reverse merger with Nate’s Pancakes, Inc. Nate’s Pancakes was the surviving Company. In May 2014, the Company changed its name from Capital Resource Alliance to Nate’s Food Co.

https://www.sec.gov/Archives/edgar/data/1409446/000164033416001272/2016feb29-nhmd_10q.htm

The Series B Preferred converts into Common Stock at a ratio of 1:1,000. However, the Series B may not be converted for a period of 12 months.

https://www.sec.gov/Archives/edgar/data/1409446/000147793215005999/nhmd_10k.htm