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I stand corrected then, but why not come out and say in a PR that they struck a deal as opposed to using Latin?
I agree... and so do I. All these prediction posts about Costco and 711 could be horrible for investor enthusiasm if it turns out not to be true. I've been burned too many times before when assuming too much. As for the 8K... The message is what matters, because that is stated as FACT and not prediction/assumptions.
Easy and simple to understand for investors about their strategic sales plan. What did you want? An explanation of the universe?
That's it? Being familiar hardly represents a slam dunk! But I hope your right. Looks like some impatient investors want that news SOON!
What makes you say that? Just a prediction?
Of course Nate would have to strike a deal with China. Perhaps the 3 million cans they plan to export has a negotiating factor for having a factory in China.
I agree... Although, I would think the China play is a strategic one. Mass production in a country where the product would be the cost of a penny for a dollar here. Offshore production has been around awhile. It makes perfect sense. China has all the natural and agricultural resources it takes to make Nate's product. For the penny it takes to produce Nate's batter, they could easily afford to charge a dime in China, while exporting the cheap product here charging five bucks a can. I know this is a stretch, but not an ill-logical one.
Thanks for posting my quote again? Lol... I meant to say personally, not personal. I rest my case with my last post. By the way I'm from the Midwest. A little ways from where you call convenient stores grocery stores here. LOL. Just kidding! I'm holding NHMD for the long haul!!!
I don't know where you live, but where I live convenient stores don't sell bacon and eggs let only pancake batter. I understand that convenient stores have been revamped from years prior and offer more choices for customers. I just didn't see it coming before a placement in Walmart or Target. I don't think it's a bad idea, just don't know how well that will play out. Perhaps my definition of a convenient store differs from yours.
I'm just curious on why it won't be much sooner than March or April until we see Nate's on store shelves? It seems far off. I guess I'm too impatient... Lol. The slow and calculated process is intriguing though.
The convenient store rollout I personal don't get. When I walk into a 7-11, I'm looking to grab a pop and bag of chips. Not pancake batter.
Please read carefully! There is no deal as of yet. This was a STRATEGIC PLAN. Costco, 7-11, and Walmart were all used as examples for the roll out of the product. NO DISTRIBUTION NEWS!
Good point about reverse mergers being the new IPO. MEDL Mobile, the creators of Hang w/, was a reverse merger as well. They've had their share of being called a scam and weathered through all the BS. I believe at some point, all OTC stocks will be accused of being a scam by someone. This knuckle head is just trying to get cheap shares like pennydaytrader did. Not worried one bit.
It sounds like this additional capital will be used for the 2nd production run. I believe an agreement with a retailer is coming soon, but I would anticipate that the 2nd production run would happen before any placement of product on store shelves.
I've seen this all before by SA. MEDL Mobile in particular. Don't let them shake you confidence in NHMD. It's a real product with prior proven success. I wonder why they chose to leave that out of their article.
Hey... "If it wasn't audited, it never happened." (The moron who wrote the SA article) LOL!
And...?
I'd prefer Friday news. The pps will sustain at these levels until Friday next week. A few more days of even steven spells HUGE BREAKOUT!!! Hey how'd you like that TA, PENNYLESSDAYTRADER!!!!
I count at least 15-1 Longs-shorts on this message board. Maybe 20-1. How can you compete with that? Shorts should be killing Nate's by now with that huge run up from 3 cents and nothing to show but a slight consolidation. A healthy consolidation! Good luck pennylessdaytrader... you're gonna be hurting big time soon. Investors have a huge edge here and there is no chart that can indicate when we decide to load up again squashing any short to oblivion!!! HEHEHEHEHE!!!!!
Hey pennylesstrader... I love the spin. I would hardly call this news by the way. Doesn't the chart tell you everything you need to know regardless of news? Why are you transitioning away from TA to using news as your reason why this hasn't hit 8 cents yet? Your posts suggest that you are beginning to believe that news can be a more powerful indicator of a stock's potential than TA. News after all, whether good or bad, is easier for an investor to read than TA and I believe offers better insight into a company's future success. I think everyone on the board, including yourself, can say that the news has been very positive thus far. If I were you, I would take a second look at shorting this, because when NEWScomes out about grocery chains wanting Nate's, your're gonna be sorely upset you didn't establish a long position.
Thanks! Correct me if I'm wrong, but that sounds to me as if the food brokers already have offers from distributors and just need to see if Nate accepts their offers. If that be the case, this stock goes to .50 within a couple weeks no problem.
That would be great to get some distro news next week! How sure are you that is coming next week? You must know something no one else does. The news has indeed been great!
No news yet, but I don't think it matters. In fact, I don't see much news coming out in the next few weeks. IMO, too much news may appear as fluff. The quality of the news is what matters and we've had some good stuff. Distributor news is coming, but nobody can say when. Everything is happening so fast. I see a cool down period where they can start to piece it all together.
Why should any news matter? It didn't matter yesterday when they sold out a production run. I thought the chart doesn't lie? You guaranteed another 5-18% down day today. That failed to happen. So what's gonna happen tomorrow according to your crystal ball?
I have a question or observation regarding to a statement made on Nov. 6th. Could it be that Nate's will only offer online orders for new products before they hit store selves? "the Company will sell a limited production of each new product as they become available prior to those products being sold in stores."
Are they making the cans and nozzles on top of the batter? That would take a big piece of equipment to press millions of steel cans.
Right on bro...That's the way I see it. Online orders are gonna be tricky. Too many addresses. They ought to take a tip from Henry Ford or something. Not too worried though.
To me it sounds like they have the capacity to produce the product, but aren't quite ready for online sales. You'd have to figure that 10,000 cans sold mean roughly 1000 or more customers placed those orders. Boxing and shipping a thousand or more addresses would probably take a couple weeks for only a few individuals, which could be why your orders will not be arriving until Dec. 1st. That's the only thing I can gather from it. But, I'm sure they'll get it all figured out shortly.
Yeah.. got that to. Actually still looking at it. You must be using Scottrade. LOL
You said you were disappointed in your post that there weren't more sold. I thought it was funny to assume only 100 cans were sold. Sorry if I offended you. I think we're in the same boat here? I just wish I owned 200K freebies. I apparently wasn't the only one on the forum who read 100k in house. Question three on Nov. 12 suggested an order was being finalized for 100k, which would/could suggest to someone that the product was already made or would be made in days considering their daily capacity. No big deal! GLTU.
Why would you think that only people on Investors Hub would be purchasing Nate's Pancakes? LOL! What about family, friends, food brokers, grocery store executives etc.. Despite that a limited amount sold out, how can someone assume it was only a 100 cans when Nates Food Co. stated they had 100,000 cans in house? Don't panic or be disappointed. This is only the beginning of something great. Consider this as well. They sold out without a social media infrastructure or marketing strategy. One can only imagine what will happen when that is in place.
Nate plans to "sell a limited product", whether that means all the in house pancake batter or just a certain amount it still wipes the slate clean. This is a revenue/profit driven company with proven success from Batter Blaster (an inferior product). Don't miss out on this great opportunity davidsson10!!!
Hey davidsson10. They expect to sellout in one day! If my DD is correct, Nate has 100,000 cans currently available for online sale. Brooksda posted a price of $7-9. $700,000-$900,000 in one day wipes out your zero revenue, debt and other liabilities you posted. Good luck shorting this BEAST!!!!
$NHMD$
Hi Lyons2112. Thanks for broadcasting on Hang w/. I noticed you broadcast twice. Is was unable to see live. Could you please archive those videos for us to see. Tap on the eye and when it's no longer crossed out, people can see the video. Hope this helps thanks.
What's your user name on Hang w/? I'll follow you. You can archive your broadcasts as well in case we miss the live content. Thanks Lyons
That's a great idea weege! Anyone going to the launch party can give us all a sneak peak into the event. Download Hang W/, on android or IOS to broadcast live. It would be much appreciated.