Natural Harmony Foods Inc (NHYF)

[fink]

I'll always add any dip. I'm break even and need to keep my average in check as this progress forward with the story.,

[ThoughtPower]

Agree

I’m hoping this catches fire one of these days. The set up is about as nice as it gets.

[fink]

Well, it's a new shell story with a $1.5 market cap.
Half the shares are in the O/S
And a $5m line of credit.


We just need to see what amount of money generating business they are going to turn this into.

Are we undervalued or over today?

It's definitely a box of chocolates.

[ThoughtPower]

I’m sure it means nothing———but I like seeing pre-market L2 with the same bid/ask


I’d like to see a few 5-10m volume days. That would be interesting for sure.

[solong]

I've tried to search on the name, they said they would go to, SynBio. I've called Finra but was told that they (those at the number I called) can only see approvals, etc. I've searched Synbio for companies with the same name to see if there might be an issue and there is one in the US and one in the UK. The one in the U.S. is a group of companies, representing those who want to use synthetically generated "materials" found in nature.

I'm guessing that once they have approval, that will show up in Finra and then maybe we'll know we are close? I'm just guessing at this point,

Were transactions dependent upon them clearing, the Custodial process? Again, I have no idea.

Do I think a "Family Office" put up $5 million without knowing where this was heading...that's a no brainer. They signed NDAs and they know exactly where this is going.

One of my favorite quotes from Warren Buffett is this one: “The stock market is a device for transferring money from the impatient to the patient.” Back to waiting...

[ThoughtPower]

Seems like a solid bet

I’m still surprised it’s been hovering down here

It feels like a solid 10-bagger in the .07-.09 range that could hit breakout highs.

Wouldn’t a quarter just feel so nice? :)))))

[tylerotc]

I will never stop buying in this range on payday lol this will go pennies for sure

[ThoughtPower]

Feel like it

Seeing more clear on L2 lately

[solong]

It's getting closer:
"May 28, 2024, all trades that would normally settle Trade plus two days (“T+2”) will settle Trade plus one day."

[fink]

And you know they get to crawl up every invoice that is paid. You don't fly first class on someone's dime. Your wife doesn't get a new Range Rover either.
I'd be shaving off some of that cash to buy the stock in the pension and profit sharing plan. LOL

[solong]

Good points - I'm guessing a little on this one but these points you made, along with name change and symbol change might be the first steps prior to getting news? The only reason I think that is a possibility is because Global Corporate Finance (the lender) would have stipulated OTCQB.

Lenders do that as OTCQB status has some significant reporting changes from OTCPink which provide greater transparency. I've never met anyone willing to put up $5mil who did not stipulate that a condition was OTCQB along with keeping current in all filing requirements.

[solong]

I agree, in fact a new submission took place on the 20th. It added, "IT IS FURTHER ORDERED AND ADJUDGED, that Defendant shall reimburse the Petitioner in the amount of $21,722.90." that was the only change from the posting on the 15th.

I used the April 11, 2024 date as the Court repeatedly states, "WHEREAS, the Court entered an Order on April 11, 2024 granting the Plaintiff's motion to discharge..."

[ThoughtPower]

GM all!

[fink]

The most pressing action is to get the atty letter in to remain Current snd full access to OTCIQ.

If they slip into Limited snd then start making changes to the SOS, then it will stall any further access to upload changes to OTC. And I mean by months.
New FINRA rules. SOS updates are halted if not current. OTC will not recognize them. And trying to get a limited issue back current throws red flags.

This needs a symbol name change ASAP. Remaining Current has to be priority #1

[tylerotc]

AI is the future and its the hottest sector things could get really interesting here

[staynafloat]

The judge didn't sign the discharge order until April 15 giving Solitario full control. I think we will hear something soon now that that has happened.
Have a good weekend !!

Excited for $NHYF's future. The judge signed the discharge order, and everything on my end is complete. CEO Claudio Solitario is now in full control, and I trust he will deliver for shareholders.

— Synergy Management (@synergymgtgroup) April 15, 2024

[solong]

Ben might have been a little "optimistic" when he said, (on Twitter) Looking forward to the company's new business initiatives and updates I'm hoping to see soon! that was on March 21st.

It could be that we'll have to wait for an application to move to OTCQB/ or some other share initiative before that happens.

Finra isn't showing a reverse at this point, nor a name change. Maybe Claude will consider communicating with shareholders? .

[tylerotc]

Loading zone still

[ThoughtPower]

L2 has been shifting more and showing more

Feeling good!!!!

[JohnnyBlaze]

That’s why I’m here

[solong]

Not sure if I ever posted info on Global Corporate Finance:
(From their Pitchbook page)
Global Corporate Finance is a private family office that invests in both public and private companies across the globe. The firm specializes in investments in early-stage, growth capital, acquisition, IPO financing, and emerging market micro and mid-cap companies. The firm is industry and geography agnostic and focuses on investments in the United States and European Union.

From their Home Page (website)
Global Corporate Finance is a single family office focused on equity investments. We collaborate with a consortium of aligned family offices across three different continents.
We specialize in investments in early-stage, growth capital, acquisition, IPO financing, and emerging market micro and mid-cap companies.

A list of companies they've invested in: https://gcfinance.net/portfolio-companies - (any European ones and they could have done the deal through one of the European Family Offices)

[solong]

A couple of reminders from the 3rd qtr report: https://www.otcmarkets.com/otcapi/company/financial-report/386610/content (just 1st couple of sentences of each item)

Page 5 - item C - NHYF has executed one Option agreement and two Memorandums of Understanding to evaluate investment in and/or the further development of the following AI-based medical technology:

• Life-Saving Innovation: AI-based intellectual property for the fast and early identification of life threatening pulmonary embolisms using CAT scan detection software.
• Facial Analysis to objectively screen for PTSD: AI-based facial analysis technology to objectively screen for posttraumatic stress disorder. The technology will analyze and interpret facial data, the result of which will be seen immediately by the user – with an option of sending it to their medical practitioner. (Estimated market for treating PTSD is $300 bn annually)
• Evolution in Evaluation and Treatment of Pain Management: A breakthrough new AI program (Chatbot) to simulate conversation with individuals suffering from chronic pain.

NHYF's vision extends beyond AI, encompassing innovative nutraceutical solutions. The company is poised to launch an anti-anxiety product - the first of its nutritional supplements that can be added to medical protocols for the long term management of anxiety.

7. Subsequent Events (last page of the filing)
In October 2023, the Company entered into a Securities Purchase and Subscription Agreement (SPA) with Global Corporate Finance Inc. (“GCF”), a private family office located in New York City, to provide working capital that will underpin the Company’s growth. The SPA will enable the Company to draw up to US$5,000,000 at its discretion over a period of 30 months

[fink]

It will take the Company to start updating everyone.
Ben seems excited about the potential, so that keeps me positive.

I got no idea what they are going to do. I do know Ben got his start in the medical legal space. He understands it very well. Hes seen the $ it can generate. We have that too going for us.

[ThoughtPower]

Doesn’t seem like it will take much volume to get to .01

Should be interesting once this gets attention.

[tylerotc]

96 million

[solong]

That also makes him an 11 percent owner. SEC rules would not allow him to "dump" his shares, I'd have to look it up but it restricts him from selling more than a small percentage and to report those trades.

"The rules under Section 16 require these “insiders” to report most of their transactions involving the company's equity securities to the SEC within two business days on Forms 3, 4 or 5."

So we'll know if he's selling (dumping) shares. And, I'll keep searching but I believe he is restricted to a certain percentage per month or quarter, but we'll know as he has just a couple of days to file regarding the transaction.

Found it:

If a selling party is an affiliate of a company, he cannot resell more than 1% of the total outstanding shares during any three-month period. If a company's stock is listed on a stock exchange, only the greater of 1% of total outstanding shares, or the average of the previous four-week trading volume can be sold. For over-the-counter stocks, only the 1% rule applies. That would mean no more than 3mil during a 3 month period along with an obligation to file notice of his sells.

[JohnnyBlaze]

It was close to 100m shares cancelled I think. So seems like a big deal. But you are right, need revenue or acquisition or hear more about the AI tech they have hinted at. I think there are lots of AI uses in medical that could be great for this.

[TheGreenComma]

I was under the impression that the only shares that were canceled were those of holders could not be reached, but I could be off and my bad if so. We should get clarity in the 2024 Q1 filing.

What is surprising is the total lack of interest at this point. Maybe once they start producing revenues/profit, this will get noticed.

In the old OTC days, these kinds of developments would have at least produced some volume and interest.

[JohnnyBlaze]

That was the annual, I think those shares got canceled in q1

[TheGreenComma]

Interesting that Sam Dewar still owns 35.5 million shares. He is the original founder/owner of NHYf with a pretty impressive resume himself.

I wonder if he'll have any role moving forward or will he sell all when the price is right?

https://www.linkedin.com/in/sam-dewar-6ab115a

[TheGreenComma]

The last piece of housecleaning is now complete. Now we sit here at the starting line and watch the story unfold.

PR soon and expect a name and symbol change will come shortly.

[solong]

Synergy Management Group, LLC - 5% Holder - 22,574,498 Common Stock - that's how Ben gets paid. Did he do it to dump at .005? Netting a little over $100k for 2 years work? I'm guessing probably NOT.

That info is taken from Page 7 of the Annual Report

[solong]

Total shares authorized: 600,000,000 as of date: 12/31/2023
Total shares outstanding: 386,138,196 as of date: 12/31/2023 ??
Total number of shareholders of record: 276,256,511 as of date: 12/31/2023

[solong]

Annual report is in: https://www.otcmarkets.com/otcapi/company/financial-report/397782/content - shows a file date of 4/16/2024

[fink]

Nice.

[solong]

This showed up this morning: "IT IS HEREBY ORDERED AND ADJUDGED, that SYNERGY MANAGEMENT GROUP, LLC, the Custodian, is hereby discharged as custodian and the custodianship is terminated as of the date of this Order.

DONE AND ORDERED in Chambers ...on the 11th day of April, 2024."

[solong]

Good point on the Annual report. I just checked again and the SEC allows 15 calendar days when a company files for an extension. So today is it, if they file sometime today before 5:30pm Eastern, they will get a filing date of the 15th. Even if they don't get it done in time, they'll get a warning of being delisted and a certain amount of time to fix it.

They didn't go through the last, approx. 2 years working on this to let that happen. And it's not like they have complex transactions, mergers and financials to slow them down.

Maybe we begin seeing some "announcements and updates" this week. GL2A

[ThoughtPower]

Still surprisingly under the radar

[TheGreenComma]

Nice. Financials and PR next.

[staynafloat]

Excited for $NHYF's future. The judge signed the discharge order, and everything on my end is complete. CEO Claudio Solitario is now in full control, and I trust he will deliver for shareholders.

— Synergy Management (@synergymgtgroup) April 15, 2024

[Fai 2]

All good. We know you meant well. Thanks.

NHYF

[fink]

And they are due Tuesday to get the annual in.
I bet they are waiting on this to get it in under the wire for subsequent events.
No big deal if it slips into limited.

[F14SVF24]

Like yesterday. It was bid up near end of day to .0059 and then dumped to .0045 at last second. Not sure on trade amounts. Soon it should get over a penny for starters.

[solong]

I along with someone else did some painting today. Shows it closed up by 28%

[solong]

Sorry my post was wrong, I thought I had seen a post on their website during my searches. But they confirmed on twitter that the court hearing was yesterday and they are working on getting an approval of the motion which was granted.

[solong]

you are correct

[solong]

$NHYF from Synergy twitter account:
"court went well yesterday and my attorney has submitted the closing motion for review and signature."

[vinsterr]

$NHYF court went well yesterday and my attorney has submitted the closing motion for review and signature.

— Synergy Management (@synergymgtgroup) April 12, 2024

[ThoughtPower]

It’s on their twitter and then the website on the account

Pretty clear.

It says hearing set for April 10, but no updates as of yet.

[fink]

Ben stopped using that long ago. He does X updates now.

He told me the web site is a pain in the ass. Is easy and reaches more people instantly and no cost

Sucks for me, I don't do X