Nate's Food Company (NHMD)

[CowboysNation88]

Agreed. Toxic notes paid off and product about to be in retail stores. Foolish to sell anything before distribution news. Heck, even foolish to sell after distribution news. One deal will most likely lead to more until Nate gets Nate's Homemade Pancake and Waffle Batter to go national again. Great stuff. IMO.

Buy it here for now: http://www.nateshomemade.com
Great tasting and convenient.

DISTRIBUTION:
Update: 08/30/2016
On August 23, 2016, Nate's Food Co. entered in to an arrangement with one of California's largest aerosol producers to begin pilot production runs of Nate's Homemade Pancake and Waffle Batter in order to start supplying Southern California grocery stores. This will enable the Company to expand our current online sales activity to include distribution to regional grocery chains without impacting our ongoing development activities with ABCO in Northern California. Source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11572264

Update: 08/19/2016
Since April 24th , 2016, the Company has been in negotiations with large manufacturing concern regarding a licensing agreement for Nate's Pancake and Waffle Batter. On May 18th, 2016, the Company signed a Letter of Intent outlining the terms of the 10 year licensing agreement. The manufacturing group has represented that through their distribution network they will be able to sell over 2,000,000 units per month (per 8k dated 5/3/16)

Although it has now been just over 90 days, the Company is still actively engaged in the final negotiations of the contractual terms and provisions. Numerous complex details have already been addressed, but several issues still remain, including matters related to the licensee co-packing Nate's Pancake and Waffle Batter for the Company. The Company anticipates significant costs reductions will be available by taking advantage of the facilities of the licensee for co-packing services.

The Company expects the negotiations will be completed in the coming weeks. The licensee still plans to begin production within 120 days of final execution. The Company anticipates the royalties received from the sale of the licensee's product will significantly contribute to the Company's revenue. Source
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11555581