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I have a rule never talk to CEOs now so no
Did anyone reached about to Nate for any updates or information
Why are there still lvl2's
its the pink sewers..noones watching....its mind boggling Nate sold @ 300million or more yet just went dark....must be nice living in Belize after running a pink sheeter for 10 years
Gotta be in it to win it......OTC is pure speculation
No I'm not working for nate just a hopeful shareholder
Not filling because of Park/JP3E scams last fall? Legal jeopardy too great?
Tell us that you are working for Nate. I cannot believe someone that has been on the boards as long as you is that stupid.
What are the odds they pull a ATW$ and file on right on the last day before the go expert. I sold and missed out on a huge rally…
I'm either one of biggest dunces or.......
What idiot buys a stock that could go to Expert or possibly be revoked?
We'll just go to expert market it wont be revoked.......your either in or not
It seems that they have gone quiet since February when they were pumping the jet fuel contracts. HMMMMMMMMMMMMM..
not even a comment from management at this point not very assuring by any stretch of imagination
Looking back it appears that they were SEC delinquent on May 20. I can't pinpoint when the OTC put them into the 15 day grace period. But it must be close. Do we see the filing, Expert Market or even a suspension and or a revocation soon?
surfkast
Member Level
Re: None
Monday, May 20, 2024 8:15:05 PM
Post#
98364
of 98457
Delinquent SEC Reporting
Pink Limited Information
Lets see whar shakes out I can wait.....
I did not keep track of the time frame so I do not know. If that is the end of their grace period then yes. Also the SEC could step in and suspend or revoke. We shall see.
So tomorrow we go expert market?
Grace Period
Securities enter a Grace Period when OTC Markets Group is no longer able to confirm that the issuer’s disclosure is current and publicly available as required under Rule 15c2-11. When a security enters a Grace Period, it can continue to be publicly quoted for 15 days. At the end of the 15-day Grace Period, if the required disclosure is not available, the security will move to the Expert Market for unsolicited quoting only, unless OTC Markets Group determines another exception under Rule 15c2-11 applies, such as the Large Company/ADTV exception.
Thanks for giving us a good laugh posting that nonsense. Nate and buddies have been scamming since 2014! SMH
You are a clown!
surfkast
Member Level
Re: Zorax post# 84028
Saturday, September 23, 2023 4:06:33 PM
Post#
84036
of 98450
The Batter in a can was nothing but a scam. Back in 2014 they claimed to have shipped 3 million cans to China
. On May 19, 2014, the Company completed a reverse merger between Nate’s Pancakes, Inc and Capital Resource Alliance. Nate’s Pancakes was the surviving Company. In May 2014, the Company changed its name from Capital Resource Alliance to Nate’s Food Co.
Nate’s Food Co. Announces Export of 3 Million Cans To China
November 18, 2014 08:00 AM Eastern Standard Time
LOS ANGELES--(BUSINESS WIRE)--Nate’s Food Co. (OTC: NHMD) announced today that it has reached an agreement to export 3 million cans to China. As a result of the shift in China towards a preference for westernized products and the lack of a dominant US Company, the Company views China as having greater potential for growth than the United States. The Company is forecasting that Chinese sales could exceed 25 million cans annually by 2018. Between the United States and China, the Company is expecting sales to exceed 50 million cans annually within the next 3-5 years.
https://www.businesswire.com/news/home/20141118005522/en/Nate%E2%80%99s-Food-Co.-Announces-Export-of-3-Million-Cans-To-China
Then they became a bit coin miner in October 2021. That scam was another bust.
Our Company generated $25,168 and $70,395 revenue from digital currency mining for the years ended May 31, 2023 and 2022, respectively. The Company commenced the mining of Bitcoin in September 2021. Our Company generated $25,168 in Bitcoin Mining revenue with a gross loss of $30,011 for the year ended May 31, 2023 compared to $70,395 in Bitcoin Mining revenue with a gross loss of $126,794 for the year ended May 31, 2022..
Cost of Revenue
The cost of digital currency mining revenue was $55,179 and $197,189 for the years ended May 31, 2023 and 2022, respectively. The cost of digital currency mining revenue consists of electricity, amortization, and other co-location hosting fees, which are remitted in Bitcoin and cash payments for equipment leases and hosting. The cost of revenues for May 31, 2023 was comprised of $11,242 for electricity, $18,805 for hosting and maintenance, $9,900 for equipment leases, $14,143 in equipment amortization and $1,089 for mining fees. This compared to cost of revenues for May 31, 2022, which comprised of $26,651 for electricity, $169,965 for equipment leases, $397 in equipment amortization and $176 for mining fees.
The Company is engaged in “Bitcoin Mining” – i.e. the process by which Bitcoins are created resulting in new blocks being added to the blockchain and new Bitcoins being issued to the miners. The Company initially leases mining equipment that begin mining in October 2021. In addition to the leased equipment, the company has purchased additional S19j Pro (100TH). The Bitcoin Mining equipment is hosted by 3rd party datacenters or farms (often referred as a “Co-Location”) that will power and operate our Bitcoin Mining equipment for a fee.
https://www.otcmarkets.com/filing/html?id=15486351&guid=WWg-k6JxIBqfJth
Now the new pump and dump is sugar exporting with very special conditions for a R/M.
Item 1.01 Entry into a Material Definitive Agreement.
On September 19, 2023, the Company finalized an agreement with JP Energy Group. As an integral part of this transaction, all current members of the board of directors and officers will resign. Effective September 20, 2023, Marc Kassoff resigned from his position as an officer and director of the Company. Nate Steck will continue to serve as an officer and director, playing a pivotal role in facilitating the smooth transition between the Company and JP Energy Group and will resign upon closing on the agreement.
On May 31, 2023, JP Energy Partners entered into a contract for the supply of up to 600,000 metric tons of sugar to be delivered to China comprising of two shipments. Ther first shipment is to be up to 250,000 metric tons and the second shipment consists of up to 350,000 metric tons. The contract has a maximum payment of approximately $268,140,000 including all fees and discounts. It's important to note that, to date, no shipments have taken place under this contract and JP energy Group is in the process of finalizing the bank financing for the transaction which is contingent to close on the transaction above.
As part of the overarching agreement, JP Energy Partners will be transferring the rights and obligations of this contract to JP Energy Group. A crucial condition for finalizing this agreement is the securing of the necessary financing agreements by JP Energy Group, which are a necessary step to fulfill the terms of the sugar contract mentioned above.
The agreement between Nate’s Food Co. and JP Energy Group will not close until the following conditions have been met:
1.
JP Energy Partners has transferred all rights to the sale of the sugar mentioned above to JP Energy Group, and
2.
JP Energy Group has secured the necessary financing for the sugar contract.
https://www.otcmarkets.com/filing/html?id=16941153&guid=WWg-k6JxIBqfJth
New bag holders will be created as this is just another Wade/Steck pump and dump.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172885059
potential buyback? You should be a comedy writer!
Current Assets
Cash $21,683
https://www.otcmarkets.com/filing/html?id=17186091&guid=cFQ-kqh88tw-B3h
$NHMD potential buyback coming up enter at your own risk as we are about to go Expert market and you wont be able to purchase any shares then only sells
Nice try clown! This is and has always been a scam! SMH Pancake in a can to jet fuel! What a bullshit claim!
Once they file Nate and his ex officers will ramp up the dumping/dilution!
Pink Limited Information
Grace Period IconGrace Period
Delinquent SEC Reporting IconDelinquent SEC Reporting
$NHMD just a reminder we are in third fiscal quarter.....Got $NHMD
$NHMD from 8k
A comprehensive breakdown of the new dividend policy, including specific parameters and procedures, will be disseminated upon its finalization before the close of the Company's third fiscal quarter. This proactive step underscores our commitment to providing stakeholders with transparent and clear insights into the evolving dividend structure aligned with our dynamic business activities.
Nate files and they can start converting and dumping again.
Convertible notes payable 534,986,848 (shares)
Notes Payable – Related Party
On September 28, 2023, the Company entered into a promissory note agreement with a former officer to exchange the outstanding principal of $397,935 and accrued interest of 102,054 notes payable at May 31, 2023 with following new terms and condition:
Principal $ 397,935
Accrued interest $102,054
Maturity date September 28, 2025
If an event of default has occurred and not cured, the note holder may convert at a conversion price is Fixed at $0.000025 per share
Note 6 – Convertible Notes
Less: current portion of convertible notes payable (227,068 )
The conversion price is the 45% discount to the lowest traded price during the previous 20 trading days to the date of a conversion notice.
During the year ended May 31, 2023, the Company entered into four promissory notes agreements with an investor for $20,500 cash received and settlement of $125,000 due related to purchase of digital equipment. According to the terms and conditions of the agreement, in the event of default the interest rate shall increase to 5% and the lender has the right to convert the unpaid principal and interest into common stock at a conversion rate of $0.000025 per share.
On April 7, 2023, the Company entered into a promissory note agreement with an investor for the principal amount of $250,000, with net cash of $225,000 to be paid in one or more tranches. According to the terms and conditions of the agreement, in the event of default the interest rate shall increase to 24% and the lender has the right to convert the unpaid principal and interest into common stock at a conversion rate of $0.000025 per share.
During the year ended May 31, 2023, the Company received the amount of $18,125 with $1,812 original issue discount and $3,000 in financing costs for net proceeds to the Company of $13,313. During the six months ended November 30, 2023, the Company received the amount of $59,806 with $5,980 original issue discount for net proceeds to the Company of $53,826. The original issue discount and financing costs are being amortized over the original life of the note using the effective interest method.
During the six months ended November 30, 2023 and 2022, the Company recognized interest expense of $2,930 and $0 and amortization of debt discount of $1,663 and $0, respectively.
As of November 30, 2023, the outstanding balances of promissory notes, accrued interest and debt discount were $223,431, $4,369 and $8,774, respectively. As of May 31, 2023, the outstanding balances of promissory notes, accrued interest and debt discount were $163,625, $1,439 and $4,457, respectively.
Note 9 – Loans Payable
On December 1, 2022, the Company obtained a $1,885 loan, due on demand, free interest and unsecured. During the year ended May 31, 2023, the Company repaid $942.
On November 29, 2023, the Company entered into a loan agreement of $150,000 for financing new business transaction with unrelated party (see note 3). The agreement requires the $150,000 to be advanced to a commodities broker (the “Broker”), as a deposit to secure a future transaction on a sugar contract. The Company has committed to pay the lender a 1% commitment fee on the total sugar contract, which value is unknown. The loan has no stated interest, outside of the commitment fee, and requires repayment within 15 days of receipt of funds earned from the sugar contracts. As of November 30, 2023, due to the unknown contract amount, the Company has not recognized the commitment fee.
As of November 30, 2023, and May 31, 2023, the principal balance of loans payable was $150,943 and $943 respectively.
https://www.otcmarkets.com/filing/html?id=17186091&guid=XWQ-knG_sr7fJth
file NATE and watch this baby RUNNNNNNNNNNNNNNNN
check otc I dont see a problem look I'm dealing with plays with 850 billion AS and 174 billion OS what your bringing up as points is chicken manure
They are required to raise AS to cover any conversions if there were shares too many the AS would already reflect it it a regulation I believe in OTCMarkets
Do you even know how to read the financials?
The insiders are owed million which they can convert to shares. There are not enough A/S to cover all the conversions.
All these billions of shares traded you talk about dilution but i've only seen share count go up 300 million which is a sneeze compared to likes of some other plays where its constant diltion and dreaded RS
stervc shows up after 1 billion shares were loaded. Marks will see the filings and get giddy while they dump on your ass!
Overview of Rule 15c2-11
Requirements for Domestic and International Companies to meet Current Information Standards
Action Required for Pink No Information and Non-Reporting Companies
What happens to securities that do not meet the Rule 15c2-11’s disclosure standards
https://blog.otcmarkets.com/2021/07/16/otc-markets-rule-15c2-11-amendments-faqs/
Has Grace Period Badge. Going to Expert Market.
Looks like a group loaded a billion recently.
I agree with you. makes no sense for Nate not to file.........how many do you hold?
I hope so....lfg groups and Nate
I've been known to be a useful idiot....an Expert like the (grey) Expert market is to prevent fools that dont know a buy then it comes out of expert at a dime just my idiotic speculation but thats what this market is highly speculative
This could be fun!
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Seriously are you a complete idiot? They will go to EXPERT as they are in the Grace Period unless they file! Not grey. Don't you know the difference. I posted the rules. Can't read either? SMH!
Grace Period
Securities enter a Grace Period when OTC Markets Group is no longer able to confirm that the issuer’s disclosure is current and publicly available as required under Rule 15c2-11. When a security enters a Grace Period, it can continue to be publicly quoted for 15 days. At the end of the 15-day Grace Period, if the required disclosure is not available, the security will move to the Expert Market for unsolicited quoting only, unless OTC Markets Group determines another exception under Rule 15c2-11 applies, such as the Large Company/ADTV exception.
Expert Market
The Expert Market® serves broker-dealer pricing and investor best execution needs. Quotations in Expert Market securities are restricted from public viewing. OTC Markets Group may designate securities for quoting on the Expert Market when it is not able to confirm that the company is making current information publicly available under SEC Rule 15c2-11, or when the security is otherwise restricted from public quoting.
Grey Market
Grey Market, "OTC" or "Other OTC" is a security that is not currently traded on the OTCQX, OTCQB or Pink markets. Broker-dealers are not willing or able to publicly quote OTC securities because of a lack of investor interest, company information availability or regulatory compliance.
I'm not afraid........what you think that small trade means on lvl2 a 972 I'll wallow in grey market for a bit I'm not afraid
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