Nate's Food Company (NHMD)

[jimwalters]

But they converted all the toxic notes amid lots of Hoopla

No, they took on a new one from JSJ in October 2016:

JSJ Investments
 
On October 13, 2016, the Company received financing in the amount of $85,500 from JSJ Investments with $5,000 original issue discount and incurred $8,000 financing costs. The original issue discount and financing costs are being amortized over the life of the note using the effective interest method. The $85,500 bears 10% interest and matures on July 13, 2017. The holder shall be entitled to convert any portion of the outstanding and unpaid conversion amount in to fully paid and non-assessable shares of Common Stock. Conversion price is the 45% discount to the lowest traded price during the previous 20 trading days to the date of a conversion notice. The Company may redeem the note at rates ranging from 125% to 150% depending on the redemption date. The note was discounted for a derivative (see note 6 for details) and the discount is being amortized over the life of the note using the effective interest method. The Company amortized discount and financing costs of $15,033 for the six months ended November 30, 2016.

By my calculations that note starts converting on April 11th.

We'll see trips by the end of April, if not sooner.