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Sterling, you got me thinking more about the secure financing....
JPE Group needed to secure financing for "2" deals in order for the merge with NHMD could close. The chicken deal was just announced 13 OCT. So adding this $300M to the Sugar deal $268M = Total $568M, and JPE /G needed to go back to the bank to secure guarantee of financing.
The audit for the merger cannot be completed until the financing is good to go for BOTH contract deals Sugar and Chicken. The secure financing is an acquisition requirement, and cannot complete the audit for acquisition until secure financing is done.
19 SEP SEC 8K and Acquisition Agreement:
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001409446/000164033423001730/nhmd_8k.htm
https://www.sec.gov/Archives/edgar/data/1409446/000164033423001730/nhmd_ex1.htm
16 OCT SEC 8K adding the Chicken Paws deal:
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001409446/000164033423001841/nhmd_8k.htm
On October 13, 2023, we received a communication confirming the transfer of food contracts from JP Energy Partners to JP Energy Group. This transfer is a crucial step in advancing the acquisition process of JP Energy Group. Furthermore, we were informed that this assignment involved a newly executed agreement for Grade A frozen chicken paws in addition to the previous sugar contract.
All the best,
R2R
MAJOR Overreaction and IMSO provided another great buying op, regardless of what the paid/scum spew!
I'm leaning towards the audit and think that should of stated 3.1 and a typo with 3.01. They received bank verbal agreement for the financing while waiting for the letter, and suppose that could have changed. Then 1.01 item 2 for financing should have been called out in yesterdays 8k.
I agree we should be hearing from NHMD soon to clear the air -- NHMD has been very transparent . I still think we're GOLDEN!
All the best,
R2R
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001409446/000164033423002028/nhmd_8k.htm
Section 3.01 of the acquisition agreement has not yet been satisfied
Acquisition Agreement:
https://www.sec.gov/Archives/edgar/data/1409446/000164033423001730/nhmd_ex1.htm
Section 3 is about the audit which they did NOT YET complete.
Exactly Spot On!!
Those two gents are AWESOME!!
Another Outstanding 5 Star ***** post and worthy of another sticky!
Thank you for your Awesome DD and very well written posts, greatly appreciated by many!
All the best,
R2R
Exactly and "4 biz days of the close" You have tried many times to explain this and I always enjoy reading your DD/posts!
So for those that still do NOT understand what an 8k is go to the SEC and Investopedia sites. Companies file SEC 8k's when an event has already occurred that triggers the SEC filing of an 8k to report the event. The 8k provides the details of the event that has already closed - in this case the NHMD / JPE Group merger acquisition -- DONE! The NHMD SEC 8k next week MON will provide us the details of the merger acquisition that closed 4-biz-days prior.
https://www.sec.gov/files/form8-k.pdf
DEF-14C 30 OCT -- Just like the Company said:
https://www.sec.gov/edgar/browse/?CIK=1409446&owner=exclude
and
https://www.otcmarkets.com/stock/NHMD/disclosure
The links work fine!
I forgot to say great job with the visual doing the spreadsheet breakdown - thank you!
Thank you Rig's for your Outstanding and Factual DD, greatly appreciated by many!
I have a large NHMD position -- look forward to JPE/G merger completion and catalysts playing out! The two sugar & yard bird deals for around $568M near future are sweet to start, and anxious to see future plastic/fuel Our Solution deal(s).
https://www.jpenergygroup.com/our-solution
Have an Awesome day/night!
Thank you!
All the best,
R2R
Exactly and the Broker-Dealers/MMs do have the money, so not necessarily retail investors.
OTC Link, LLC a Broker-Dealer for OTCM most likely is doing naked shorting, along with other Broker-Dealers (MM's)!
https://www.securitieslawyer101.com/2014/otc-link-ats/
OTC Link LLC (OTC Link) is owned by OTC Markets Group Inc. OTC Link is an electronic inter-dealer quotation system that displays quotes from broker-dealers for many over-the-counter (OTC) securities. OTC Link is registered with the SEC as a broker-dealer and as an alternative trading system, and is a member of FINRA.
https://www.sec.gov/comments/s7-29-22/s72922-20153799-321641.pdf
Very interesting read -- from the SEC report DEC 2022 -- Counterfeiting Stock 2.0!
Anyone to say penny stocks are not being shorted is either ignorant and shouldn't be trading in the OTC or a LIAR -- PERIOD! Their posts are NOT worth wasting time over, put them on IGGY! I have many on IGGY and refuse to play their lowlife scum games!
Exactly Spot On!!!!
Another 5 STAR ***** OUTSTANDING ***** Post with FACTs -- THANK YOU!!!!!
The MM-Brokers with their Bashing Manipulators are working overtime to shake the SH tree very hard to get cheapest shares! NHMD runs out of trips/000 to 00 and they show up BIGLY like clockwork bringing up past failures and ignore the awesome current events and NHMD future. I have a large group of bashers on iggy, no reason to read their BS Lame-Stream-Fake-Manipulative-News! I perform my own DD in addition to reviewing the awesome DD by others, and stervc DD/posts are a MUST read!
NHMD is being very transparent with news and "SEC" report filings and with two near-future deals around $568M once finalized, and PRE-14C awesome merger with JP Energy Group that will be final/DEF-14C next week on MON 30 OCT! This hasn't changed, what did change is a flood of posters using scare tactics to get peeps to sell! I'm sure there were some flipper profit takers from the trips - nothing wrong with making some coin and keeping a core position. Always good to get initial investment back and ride free shares. FWIW: However, with NHMD I haven't sold 1 share from the trips, also bought 00 ranges and have a large core position. I plan to buy more once funds clear, hopefully by FRI market!
I look forward to other deals from -- "Our Solution":
https://www.jpenergygroup.com/our-solution
SEC Filings:
https://www.sec.gov/edgar/browse/?CIK=1409446&owner=exclude
https://twitter.com/natesfoodco
OUTSTANDING MIC DROP POSTS!!
Thank you Sterling for your AWESOME factual DD/posts!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173081168
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173082393
Welcome to the NHMD Asylum!
DEF-14C will be filed MON 30 OCT.
We've officially filed the PRE14C yesterday, and the DEF14C is set to be filed on October 30. This paves the way for our acquisition of JP Energy Group. Once the deal is closed, the new members of the board will be appointed and an independent audit committee created. $NHMD
— Nate's Food Co. (OTC:NHMD) (@natesfoodco) October 20, 2023
Exactly spot on JDCPA1!
While the sugar and chicken contracts are an Awesome start, it will be even better to see what the plastic/petroleum part of the biz brings to the table!
https://www.jpenergygroup.com/our-solution
Outstanding assessment and post again, Sterling!
Thank you!
All the best,
R2R
Exactly!
Yes you're correct, John Park signed the Acquisition Agreement and an attached exhibit in this filing 19 SEP 2023:
https://www.otcmarkets.com/filing/html?id=16941153&guid=Nd5-kn85PXifJth#nhmd_ex1_htm
Exactly....sure it was a "code glitch" while they/CDEL robbed millions from SH's -- LMAO!
https://www.sec.gov/news/press-release/2023-192
SEC Charges Citadel Securities for Violating Order Marking Requirements of Short Sale Regulations
Then there's this from an ex-Citadel employee:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172981144
The SEC Now Charges Citadel For Illegal Short Selling Violations!
SEPTEMBER 26, 2023
https://franknez.com/the-sec-now-charges-citadel-for-illegal-short-selling-violations/
“The game is not fair and it never has been. Individual investors, even when operating in a swarm, are destined to lose. How do I know? I helped design the game, says Patrick McConlogue, an ex-Citadel data scientist."
Yep gotcha....it's a coding glitch -- LMAO!
It seems some still trying to say shorting doesn't exist in OTC....yea right - HUGE Red Flag!
Exactly spot on! I was LMAO too when a selective few were saying no penny stock shorting takes place. Major red flag with anyone saying that and hmmm....wonder who they're working for!
The SEC Now Charges Citadel For Illegal Short Selling Violations!
SEPTEMBER 26, 2023
https://franknez.com/the-sec-now-charges-citadel-for-illegal-short-selling-violations/
“The game is not fair and it never has been. Individual investors, even when operating in a swarm, are destined to lose. How do I know? I helped design the game,” says Patrick McConlogue, an ex-Citadel data scientist.
https://www.otcmarkets.com/market-activity/broker-dealer-data
https://www.otcmarkets.com/otc-link/broker-dealer-directory/CDEL
9,069 Securities: Tiers -- Pick Current, Pink Limited, Expert Market, OTCQB / QX Int'l
Drop the UNWARRANTED Caveat Emptor from TXTM PINK CURRENT stock -- OTCM manipulators working with one of their broker-dealers CDEL!!
Yes, definitely OUTSTANDING DD with factual information he provides!
HUGE Thanks - Big Mahalo's!
Thank you JMC for this sticky with link that's an OUT-FRIGGIN-STANDING post by P20!!!!!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172786891
Yes especially the grandfather ones that seem to be in cahoots with IHUB and get reposts that were in clear violation! It's best to just put them on ignore like I have now. You have great factual posts P20 and opinions that most definitely align with the FACTs! I became a mod of the board to hopefully remove Personal Attacks, Vulgarity, etc. posts to try and keep the board adult-civil....BUT....according to IHUB admin those posts were okay! So the hell with it! I already work 12-18hrs a day and don't have the time to mess with misleading liars! https://investorshub.advfn.com/boards/terms.aspx
Thank you for all your Outstanding DD/Support P20, greatly appreciated by many!
YES please do!
Another SPOT ON post!
IMSO this is exactly why the CE was put on:
Thanks JMC that's an awesome post with FACTs by parabolic2020!!!!
TXTM Board Moderator JMC$ - please yellow sticky this post at the top of the board, most definitely worthy post with FACTs! TIA!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172786891
OUTSTANDING and SPOT ON post - thank you!
All the best,
R2R
Good Evening/Morning P20!
Thank you but no apologies needed! I didn't think you meant me and understood who you were directing that towards. However, when I was thinking about the poor quick assessment I did on the matter, I thought that word was a perfect fit anyway!
I greatly appreciate your DD/posts and bringing the FACTs! Unfortunately due to not being connected at times, I do miss some news/updates!
Good copy on the bad-noisy-crowd -- they will ALL be gone when this takes-off!
All the best,
R2R
Good Morning to you P20 from the ROK! I had been working around the clock over here the last 4 weeks, not much sleep and did a poor asinine assessment! So, as usual you are CORRECT Sir/Ma'am, my apologizes!
Yes it seems I have missed some of your posts, which I try not to miss! I'm not tracking the court documents ref judgement other than what's in the OTC disclosure filing.
David Lewis Pref A's total he had was 49,500 -- I didn't know this until I just read the 22Q1 disclosure. When looking at the last disclosure filed it just states he converted 24,500 Pref A's on 5/25/2022. Since I didn't see he owned anymore Pref A's in that filing, I didn't think he had anymore. Thanks to you I asked myself where is P20 coming up with that 25,000 number and that's why I jumped to the 22Q1 filing to check, and there I saw the total of 49,500. Yes sir/ma'am, that was Lewis most likely converting last month in AUG which we will see next disclosure filing.
Canouse Judgement I was going by the 23Q2 and jumped the gun with poor asinine assessment!:
The recent increase in the OS between 4 AUG 8,372,592,030 and 18 AUG 8,791,221,631, 418,629,601 added to the OS looks to be the lawsuit/judgment case against TXTM by Joseph Canouse that started 11 NOV 2019. Courts agreed with Canouse and the $563,396 was paid via TXTM commons?? When running the numbers it lines up, and will be in the Q3 filing - that's when the OS increased 418,629,601 shares, AUG.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172714897
David Lewis Preferred A's were converted 22Q2 25 MAY 2022. Explained here from the filing:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172699066
Yes Sir you are correct -- 418,629,601 added to the OTCM website on 18 AUG. My last check there was 4 AUG and should have checked that Monday, my apologizes!
https://www.otcmarkets.com/stock/TXTM/security
8,791,221,631 -- 18 AUG 23
The Q2 showed Lewis did his conversion 25 MAY 2022 before acquisition and sure looks with the OS share count between 22Q1 and 22Q2 was almost exact that he dumped those 391,093,524 shares in the OS in MAY/JUN 2022. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172699066
Good call on Canouse! The $563,396.72 divided by the recent SP range .0011 to .0014 could be the recent OS increase. IMSO with current true TXTM valuation (conservative $300M with seeds contribution) and where TXTM is headed will counter that easily!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172468884
https://www.otcmarkets.com/otcapi/company/financial-report/379782/content
EXACTLY SPOT ON P20!!!!
OTCM clearly in bed with MM's/Brokers and to suggest otherwise is very foolish & ignorant with the penny stock investor ecosystem! OTC is full of stocks that constantly dilute, RS (rinse & repeat), have ZERO valuation, and promote future that never transpire -- BUT most of those do NOT have a CE and all can continue losing their money. OTCM cares about SH's - ROTFLMAO!! I've been in the OTC ecosystem for almost 2 decades and seen a lot of shady manipulative BS! There's NO reason a CE should be on this stock today, if ever! Very clear OTCM/MM/Broker Manipulation!!!!
TXTM has valuation thanks to Dr J -- https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172468884
RSAMMDA / TXTM Acquisition JUN 2022 -- ZERO Dilution!
The acquisition was done to obtain TXTM outstanding extraction technology! And I'm greatly thankful he/team decided on PUBCO -- providing us common folk an investment opportunity of a lifetime! Thank you Dr J/Team TXTM!!
GLTU and All the best,
R2R
After reading the OTC filings -- the conversion was actually done 25 MAY 2022 before the acquisition in JUN of 2022.
The OS end of 22Q1 = 7,981,500,506 + Lewis converted (during 22Q2) commons 391,093,524 = 8,372,594,030
https://www.otcmarkets.com/otcapi/company/financial-report/334293/content
Quarterly Report For the Period Ending: March 31, 2022 (the “Reporting Period”)
March 31, 2022, the number of shares outstanding of our Common Stock was: 7,981,500,506
https://www.otcmarkets.com/otcapi/company/financial-report/379782/content
During the six month period ended June 30, 2022, the Company issued the following:
391,093,524 shares to David Lewis on the conversion of 24,500 shares of Series A preferred stock.
5/25/2022 Issuance(conversion from Pref A) 391,093,524 Common .002 David Lewis
Quarterly Report For the period ending June 30, 2023 (the “Reporting Period”) Outstanding Shares
The number of shares outstanding of our Common Stock was:
8,372,592,030 as of 06/30/2023
8,372,592,030 as of 12/31/2022
Don't know why showing 2,000 shares off, but it's obvious for the OS to jump almost the exact amount, he's already dumped the shares in the OS. At least that's how it looks to me. It's a real shame and disgusting OTCM with their MM's/Brokers are pulling their shenanigans! I look forward to Dr. J/Team TXTM telling OTCM go pound sand, bypass going to NASD!!!!
Exactly P20 -- well said and SPOT ON!!!!
All the best,
R2R