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Alias Born | 04/20/2014 |
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Wednesday, November 16, 2016 8:50:27 AM
O/S and FLOAT UNDER 300 Million
Share Structure as of 11/2/16:
O/S: 308,861,435
Float: 295,019,435
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126263207
ONLINE STORE
http://www.nateshomemade.com/store
TOXIC/CONVERTIBLE DEBT FREE
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11637493
RETAIL DISTRIBUTION ON THE WAY
Update: 10/262016
On August 23, 2016, Nate's Food Co. reported that the Company had entered in to an arrangement with one of California's largest aerosol producers to begin production of Nate's Homemade Pancake and Waffle Batter. This will enable the Company to increase our marketing to regional grocery chains during the 4th Quarter of 2016 and begin sales during the 1st Quarter of 2017. This is the same company that acted as the co-packer for Nate Steck's earlier product "Batter Blaster", and they have retained their interest in working with Nate since that time. They have had repeated requests from grocery retailers regarding the availability of Batter Blaster, which motivated them to contact Nate regarding resumption of the relationship. Their experience with Batter Blaster will prove invaluable in providing lower costs of production, as well as assisting in distribution during this period of growth for Nate's Food Co. Preliminary testing is completed and small batch production has now begun, with increased production capability to begin by year end 2016, assuring the Company that inventory will be sufficient to meet anticipated demand in the 1st Quarter, 2017. The Company expects that this agreement will augment and enhance our ongoing development and production activities with ABCO in Northern California.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11648566
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
INSIDERS INVESTED IN THE SUCCESS NHMD
Insider funding from 10K:
On June 28, 2016, we issued a promissory note in the amount of $57,000 to MSM Investments, a company related to Marc Kassoff, a director and officer of our company. The note is payable on June 28, 2017, with interest at a rate of 10% per annum. Early payment may be made before June 28, 2017 subject to an additional fee of 10% of the outstanding principal due, in addition to all interest accrued and the balance remaining to be paid.
Insider buying:
www.otcmarkets.com/stock/NHMD/insider-transactions
SOLID AND VERY SUCCESSFUL CEO
http://investorshub.advfn.com/uimage/uploads/2016/4/27/mpsnkScreenshot_20160427-212446.jpg
INTELLECTUAL PROPERTY
We currently have the exclusive license to all intellectual property held by IPC, Inc., the Patent filed by Nate Steck for delivery of pancake and waffle batter contained in an aerosol can, as well as the our domain names and websites, www.natesfoodco.com and www.nateshomemade.com.
SALES AND MARKETING
We have prepared several advertisements for placement in various grocery industry related journals and magazines, but we have not begun placement yet. We anticipate an increase in marketing activity in the 4th quarter, 2016.
THE POTENTIAL IS REAL
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Recent NHMD News
- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 11:03:52 AM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 01/26/2024 11:12:41 AM
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