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CDEL is buying insider shares on the cheap and selling them to wet bag penny stockers at retail prices. That's how they make a living.
I'm glad that everyone agrees that NHMD is going into the tank. It is very helpful to warn new investors that might have not known that NHND is not an investment and that it is on its way down.
I agree that NHMD is not an investment and that it will drop below $.015. Now that's great DD!
The NHMD blood bath is real and painful and has already happened to a large degree. Investors who were hyped by Nate and Wade, when NHMD was $.18 per share, have lost over 80% of their investment. It's happened already! Anyhow, I love that longs wish for $.0001. I think they're going to get what they wish for. I also agree that the next filing will be lame, and the next, and the next ...
I agree. We will see $.0001. Unfortunately for investors, the carnage that will ensue, by the hands of Nate and Wade, will wipe out their investments. Nate and Wade will be long gone, holding their money bags full of investor money, while waiting for the next hype and dump scheme. Once NHMD hits $.0001, it will be like all the other Joseph Wade companies, in the tubes, wiping out investors like a financial typhoon. Buyer beware. This deal is a down hill ride.
Good Point. I thought the same thing. They announced that they sold $5,500 worth of product but they don't say where and what event? It was probably a smoky back room where Wade slid a wad of cash over to Nate, with a wink and a smile.
So does this mean that Nate's will receive $550.00 in Revenue? $5,500/ $10 per can = 550 cans x $1.00 per can = $550.00. So the company is losing over a $1,000,000 dollars and they are taking in $550.00. Let's do the math. Never mind. I think they would do better selling t-shirts or maybe a bake sale.
So, let's see how much Joseph is making: $8,000 per month leases and expenses for facility plus loss on pancake sales = disastrous business model losing millions, unless they can recoup losses through nefarious stock sales to unsuspecting shareholders. Eureka!
I just don't think there's going to be a long haul in this company. I can appreciate the novelty of the idea, but because management has employed unscrupulous PR, and because Nate is affiliating with promoters who have had a history of regulatory trouble, I believe NHMD's days are limited.
Let me guess: Joseph Wade was at the event and bought the $5500 worth of product, and then Nate didn't make him pay for it, Just like the last fictitious order.
Even if they did sell products, we know they produce the product at a loss, so every time to make a can of squirt pancakes, investors lose money.
And what is this we are waiting for payment for $2000 in orders? From whom? All online and event orders should be credit card or cash. Who else would they be expecting payment from, unless it is Joseph Wade.
Everything that comes out of this company is worthless nonsense. Investors should run for the exit and take their money with them.
$100,000 Market Cap More Appropriate for NHMD. That would value the stock at about $.0012 per share. This is based on the fact that NHMD doesn't have any assets and that they have to rely on other shady companies to buy equipment, or they must succumb to highly dilutive, high interest financing. NHMD is being controlled by stock promoters who have had run-ins with regulators in the past. Nate, bless his heart, doesn't know how to run a company, and he is forced to submit to ruthless stock promoters to plug and dump NHMD shares. Of course, all of this is to the detriment to shareholders who are seeing their shares being watered down to worthlessness. I hope shareholders can come out of this with at least a portion of their invested value.
As NHMD drops, investors that have "loaded the boat" over the last few months get further under water.
Investors that beg for trips should realize that their average cost is dramatically higher than new investors, and if NHMD does go up, new investors will sell for a profit before the "load the boat" investors get back to even.
This is why when a stock goes down this much, it is almost impossible to recover.
This is a classic bull trap. It seems right, time to load, right? No. No. No. This is the phase where investors feel like they're getting a good deal by buying cheap. You've been there before, right? Actually, this is when investors are trying to catch an avalanche. It will overcome them. This stock is dead. It's over.
This deal is dead. From an economic standpoint, there's no reason for Nate and Wade to keep the company listed. They don't have any money. It's too expensive, just as Wade said for the reason that he delisted EMBR this past January.
It was a good try while it lasted. I think Wade and Nate underestimated the sophistication of investors to not fall for an ongoing sham.
We're not even close to the bottom yet.
A lemonade sized facility to supply lemonade sized orders to lemonade sized kiosks, losing money on every can sold. Now that is genius!
The reality is, this 8k is a desperation move by Wade to try and pump up failed EMBR and failing NHMD. EMBR has a common stock market cap of $65,000 and was delisted earlier this year, now trading on the pinkies. Ironically, this time last year, EMBR was trading a little higher than Nate's is now. It was just over $.03. EMBR is now trading at $.0012 per share, 4% of what it was worth a year ago.
The maxim that history repeats itself is important here. If Nate's is true to its insiders, it should start to slowly decline over the next few weeks and months, after investors see with each 10Q and 10K that the company is losing money on every can of squirt pancakes, if they ever produce any.
And it sounds like the kiosk idea was so unpopular that Nate's is bringing back the retail store idea, even though Wade trashed the idea, along with Nate's support, saying that it couldn't make money and that the margins weren't there, which is crazy because apparently they are now going to use the ABCO facility for the very reason they said Batter Blaster went out of business, which is retail and negative margins.
Really, the whole thing is mind boggling, for Nate and Wade to think that investors are such buffoons that they couldn't possibly notice that one day management says that kiosks are the only way and that retail is a loser, and then on another day a couple of months later that retail is the main plan again.
I don't think they know what to do. They certainly don't communicate a clear, decisive plan to investors. They use a lot of shell game tactics to distract and redirect to whatever they think investors want to hear.
If investors don't see this deception for what it is, then they are probably doomed when NHMD goes the way of EMBR, plummeting to sub-penny status and delisting.
This one is an easy call. Investors should let Nate and Wade know that investors aren't chumps, and investors should sell while they can still beg a couple of pennies for this sham of a stock.
Just my opinion.
NHMD down 50% in one month. Investors are being boiled alive. There is still time to say you got out before it hit the $.01's.
Denton's 15,000,000 dilutive shares don't have to be sold upon conversion. The only reason they haven't converted is because the insiders know that it would increase the outstanding shares and the stock would implode, as if it already hasn't.
The same goes for the other 150,000,000 or so shares that can be converted by other insiders.
The dilution is real. It has already happened. It is only a technicality that it isn't a part of the outstanding at this time. And I would say the real effect is when it becomes a part of the float, which won't matter at that time because the stock will already be in the tank, as if it already isn't.
and $80,000 is a lot better than zero.
Timothy Denton's shares are convertible now into 15,000,000 common shares, which is nearly 20% of the current outstanding. I wouldn't classify that as opposite of dilution. A better term would be massive dilution.
In sure Wade wanted all of his other companies' stock to go up, but they didn't. They all lost nearly 100% of their value, and I'm sure Nate wanted Batter Blaster to succeed, but it didn't. It went out of business.
The common element is that everything these guys touch turns to guano. They get in their own way. They are who they are, and they can't change.
Investors don't have to be the beneficiary of Nate and Wade's failings, though. They can get out now while they still have a chance.
There are plenty of shares to go around, for sure, and investors are definitely selling, hence the low stock price, and just as anyone would if they saw someone in a burning building, they would yell, get out!
Since Wade is the largest common shareholder of Nate's food company, I think it's fair to include him in the conversation, especially when every company he's touched turned to dust.
As far as pump and dump goes, since the stock is nearly 90% off of the high, I would say that him and Nate are doing a pretty good job of sending this one to the junk heap as well.
Promoters like Wade get involved in new companies, pump and dump them to a group of chumps until they are sub-Penny status, then move on to the next easy mark, starting over with a new group of investor stooges.
Hopefully, smart investors will sell, taking a hit, but surviving with a few bucks to save face and at least get a few dollars back.
Nate is out of time and money. They don't have 10 months of anything (good), especially operating capital. All of the talk of 10 months won't matter to investors when the stock is trading at a tenth of the price, as is Wade's other companies that he tainted with his deceptive tactics.
NHMD has broken down and key psychological support has been breached. This is the beginning of lower prices and an overall decline. The company is out of money, out of excuses, and investors have wised up.
They do however have dilution, deceptive practices, inept management, secrets, insiders, the Nate pal gang, failed promises, failed expectations, and a glut of insider stock ready to be sold to chumps.
We may see the $.01's sooner than expected. NMHD is a definite markdown phase. Previous longs, panic sellers, short sellers, and possibly weak insiders dumping into the bid.
Traders are wise to Nate's deceptive practices and don't want to be holding this one very long. They see the writing on the wall and have headed for the exits.
They just don't buy, phase 3 this and phase 3 that, double pronged this and tripled pronged that, corporate BS talk coming from insiders, all the while those same insiders are padding their pockets with freely tradeable stock that can be pumped and dumped into the market.
300,000 million is close to how much Nate and his pals need to unload to investors. That should do just fine.
It's called creeping normality. It's when things happen so slowly over time that the end result is not noticed until it's too late.
NHMD is a great example of this, slowly deteriorating and dying over time until one day investors wake up and it's below a penny.
A good parallel of that is how Nate's business is managed and operated. Small deceptions and missed expectations adding up until the day comes when investors realize that the company has failed.
Smart investors are the ones that can see the subtle inconsistencies and unmet expectations and cut their losses while there is still time.
Lot's of shares trading in the $.02's
It looks like a break down through weak support at $.03. The new trend could see dips into the $.01's and could get real ugly and be rough times ahead for longs.
Either investors are seeing that the current price is grossly overvalued or they are fed up with the deceptions and failed expectations coming down from the Nate's inside gang; or perhaps it is more share dilution drowning the market with ultra cheap shares coming from the inside gang. Either way, it must be nauseating for investors.
That's a good point! Nate's may have product concept, but the largest common shareholder, Joseph Wade, is just trying to relieve the chumps of their cash, and, so far, he's doing a pretty good job of it.
Wade has plenty of shares that he received for $.005 or free, depending on how you look at it. He can sell investors highly dilutive shares at $.02 and still make a 400% return! Investors should call him directly. Maybe they can get on the inside with the Nate pal gang.
Nate's is not a scam, it's just a really bad business model that has been proven to fail. And the problem is the management is just not that intelligent in things of business, and they think, just like some shareholders, that all you need is a product and everything will be okay. It doesn't work that way and that is why a lot of companies go out of business that never had a chance.
Nate and Wade are making fools of NHMD investors. The idea is that if Nate will deceive investors, then investors can't rely on the information, to make a valid choice.
And following securities laws is not utopian, it keeps you in business and out of jail.
SEC Form 4 and 13d Filings are required to be reported by the beneficial owner or the control person. Joseph Wade is the control person and majority stock holder of Embarr Downs--the parent company and owner of WB Partners. Therefore, Wade was the reporting person for WB Partners, and he failed to file, in violation of SEC Rules.
Embarr Downs August 31, 2014 10K:
http://bit.ly/1DkPquC
"The Company and WB Partners were under common control through Joseph Wade at the date of merger and therefore have been accounted for as a merger of entities under common control under ASC 805-50 and historical cost of WB Partners and its subsidiaries have been used in combining WB Partners and the Company as if they had been combined since the inception of WB Partners which was June 2014."
Form 4 info: http://1.usa.gov/1UihCCm
An investor can't assume that since the float increased, Wade sold shares. That is what the filings are for, besides the float can increase without the shares being sold, they only need to become unrestricted to become part of the float.
If Wade is sharing information with an investor and not with the rest of the investing public, and that investor trades on that information, it is called illegal insider trading. The very purpose of required filings is so that all investors are privy to the same information. It makes for a more fair marketplace.
If Wade sold shares, lowering his stake to less than 10%, he is required to file within 2 business days. He didn't, so investors that don't have private phone conversations with Wade couldn't know that and are disadvantaged. It is serious business not to file and to trade on inside information.
Where's the proof of selling in the DD? I didn't see the filing. Otherwise, he still is an insider or he isn't and didn't file as required.
SEC filings for NHMD are for the purpose of informing investors. According to the 10Q Wade own 15,000,000 shares, which is over 10%. If he sold, there should have been a proper filing to inform investors. That is the purpose of it. If an investors contends that Wade is not an insider, that investor should provide proof that Wade sold, this lowering his stake to less than 10%.
Wade is an insider who failed to file required forms with the SEC, and it is very relevant to the NHMD since Wade is the majority common shareholder, and because Nate's is required, by the SEC, to file a disclosure of individuals that are insiders that failed to file. They can also be held liable because the federal law says that it is the responsibility of the company to ensure insiders file.
Additionally, they're not late with the 10Q because the next 10Q is due until October 15; however, the 10K, which is the annual report, is due August 31, unless they are late again, and then it would be September 15.
Great post reminding us of the fluff 8k's that Nate's issues. Why would Nate's turn away investors when they didn't have money, unless they were just trying to ramp up the stock with a fluff 8k to excite the molecules for a way for Wade to dump his shares on unsuspecting shareholders.
And if Nate's didn't need money, and they knew that, why would it be in the form of a term sheet? A term sheet outlines the what the final agreement will look like. You wouldn't go through the trouble of working up the terms of an agreement that you never intended to do if you knew you didn't need the money .
It's all a bunch of bogus hype. Fluff pieces released to manipulate investors.
Vista can convert debt into shares at any time--explained.
"The Company expects to pay off the amount within 90 days from its receipt bearing 10% interest, mature in two years, at any time on or after the issuance date, the holder (Vista) 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.
If one erroneously tried to include "at any time" with Nate's option, there would be a conflict. Is either 90 days or any time, not both. And, it would leave the next part, the holder, without any guidance or context.
Tim has preferred shares convertible into 15 million common shares. This $310 "insider buy" is just another subtle deception by insiders to excite the molecules.
So, it's settled. 4 million share dilution possible now.
Also, why would Nate allow the company to be diluted through unfavorable debt is because the company has no other options, which is fine because a start up sometimes has to give up a lot to get something that will allow them to succeed. The point is that it's better to admit to dilution of shareholders and less favorable loan conditions than to deny it all together.