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I think the price in grocery stores will likely be lower than what the company is currently charging. It's probably part of the negotiations.
No trading on Thursday. I doubt they scheduled the meeting with the distributor on Thanksgiving, the day before or the day after, since they will probably be traveling or spending time with their family. News Tuesday in my opinion.
Per 8k, "not if, but when"
"Additionally, the grocery stores that we are planning on being sold in are the same 13,000 stores that Batter Blaster was sold in. As such, unlike other companies the question is only when will the terms be finalized not if they will be. Since the Company is comfortable with the food brokers, it was decided to get a jump-start on additional products."
http://ih.advfn.com/p.php?pid=nmona&article=64213418
The company has always been pretty confident about the large grocery chain deals.
I love it, it's like they are saying, Hey, shorts, next week we will announce that we are shipping product to Walmart and Costco. Batter Blaster was already in both stores and we have all but came out and said in previous 8k's and PRs that we are dealing with them, and that it's not a matter of "if" but "when". Good luck.
"Additionally, the grocery stores that we are planning on being sold in are the same 13,000 stores that Batter Blaster was sold in. As such, unlike other companies the question is only when will the terms be finalized not if they will be. Since the Company is comfortable with the food brokers, it was decided to get a jump-start on additional products."
http://ih.advfn.com/p.php?pid=nmona&article=64213418
And the company can dilute it to .0001 whenever they feel like it. They've done it in the past, diluted 40 billion shares.
100 billion A/S, seems like whoever owns this is pretty willing to dilute at any time. Hope they don't wake up tomorrow and decide to get whatever they can out of this. Diluted to 40 billion in the past.
You think they will do a merger without and R/S? Who would buy this bloated stock, 100 billion A/S you have to be kidding me.
100 billion A/S with 40 billion O/S?? Are you kidding me??
Hard to sell now with the way this thing moves/the potential short squeeze coming/the potential announcement of who the food broker is working with next week.
They have millions in non-diluteive financing, check the news, and again, O/S hasn't changed at all.
=( no powda right now or I would.
Haha, they are really fighting this but it keeps coming right back, I think they might be going up against a big buyer who is waiting in the weeds. I usually don't like to post things like "shorts are desperate" but with the things they are willing to post here it looks like they are.
NHMD, chance to load up.
NHMD, chance to load up.
That's what I mean I think it was planned, one last attempt, if we hold strong today we may see a squeeze.
I think it's going to march up like it's been doing almost every day for the past two weeks.
.168 x .185
I don't know if you already saw this, on Nates resume,
"The 2011 CPG awards for innovation and creativity were presented to Batter Blaster by the grocery manufacturers association"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107439321
Check out who else has won that award,
http://www.gmaonline.org/resources/gma-awards/cpg-award-for-innovation-and-creativity/
PepsiCo, Kraft, Cambells, Unilever, Hershey and General Mills.
I know it's a lot to ask, but read Nates Resume,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102061488
Notice the part where he has started multiple successful food companies and sold them to larger companies.
Notice the part about Batter Blaster winning the CMA award. Who has won that in the past?
http://www.gmaonline.org/resources/gma-awards/
Thats right, Kraft, PepsiCo, Cambell Soup, Unilever, The Hershey company, the Clorax company, all multi-billion dollar companies.
Think they might be interested in a product as innovative and profitable as this?
They sold out of their initial online offering in 20 mins and made 80k in revenue so that 2k number is old, and hen they finalize deals with major grocery store chains it will change quite a bit.
What? Got to ask yourself this, whats the O/S? What was it 3 months ago before they started releasing any PR's? It's the same, dude.
It's just not though. Nate created batter blaster, a product that was in 13,000 stores and made 48 mil in revenue. It won an award for innovation from the CMA (Grocery Manufactures Association)that has been won in the past by Kraft and Unilever. He has sold multiple food companys to larger companys for millions of dollars.
So he decided to come scam people and risk jail time in the otc? He's a multi-millionaire, about to be much more wealthy too.
O/S hasn't changed in months, so thats never happened.
Wow you are just a DD machine! Haha, "sophisticated type of shade financing". Yeah I hate that kind of make believe sophisticated dilution that doesn't exist and you just made up.
Also, you said southcorp is the parent company of Nates but its not and there is nothing, anywhere, ever that would lead you to believe that other than the fact that you just completely made it up.
Everytime you guys show up I get excited that there are shorts here who still need to cover.
What part of the "O/S hasn't changed in months" do you guys not understand? It's probably been much longer than that. They have non dilutive financing. The sp moved 600% in the last 2 weeks and it's consolidating near highs.
"The 2011 CPG awards for innovation and creativity were presented to Batter Blaster by the grocery manufacturers association"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107439321
Past winners of the award include the Hershey Company, Unilever, and Kraft Foods,
http://www.gmaonline.org/resources/gma-awards/cpg-award-for-innovation-and-creativity/
That is the product we are improving and expanding on.
They aren't becoming a real estate company, SouthCorp is a different company that is in the real estate business that is in talks to build facilities for Nates, everything you quoted there concerning rental properties is from SouthCorp not Nates.
NHMD was on the breakout boards and the top 10 boards as well today, a lot of new eyes here.
Gotta love the potential with all those products. I would probably use every single one of them.
Nates homemade cake batter! I've never baked a cake in my life but if I decided I wanted cake and could just spay it in a pan and put it in the oven I probably would. Same with the cookies.
Thanks.
I think the PRs are too vague for any large investors to be interested right now. JMO, and hopefully I will be proven wrong.
Why would someone in China agree to place a 10 million dollar order for a product thats shelf life is 45 days. It has to be shipped, put on shelves, and then sold.
Anyone know how long it takes to ship to China? Wouldn't they be risking the product going bad before it has a chance to sell?
Maybe it was more of a handshake agreement where they are saying, if the shelf life is improved, we will place an order.
I could definitely be wrong, but I think we'll be waiting until they announce a deal with a major chain for the pps to really move.
Right so, last we heard the shelf life was 45 days, that definitely needs to increase to ship products to China, get it on store shelves, sell all of it, and give people time to eat all of those pancakes.
I have a really hard time imagining someone in China agreed to buy 3 million cans of product without a proven shelf life, whats to stop it from going bad and losing most of their investment?
Does the shelf life start once the product is opened or once it's canned? Anyone know?
Another PR with no details, I like the company too but they are killing themselves with the lack of detail.
The 3 million will be used for the national roll out, so are they using that for this order with China?
Like Rainmaker said, the product is refrigerated, they can not manufacture the cans here then ship, they will have to manufacture them there, where will they get that cash? How do they plan on doing that?
These are details I think we should be getting from them.
I asked them that too, how will they pay for the 3 million can order? They supposively have 3 million in non dilutive financing but the cost of each can is definitely more than a dollar. Also they said that was for the national roll out.
Yeah it was the same for the financing announcement. I emailed them asking for some details or any kind of verifiable information.
They mention the 300k payment in the October PR from 2011,
http://www.prnewswire.com/news-releases/energy-holdings-international-inc-egyhob-proceeds-with-the-development-of-its-450-mw-combined-cycle-power-plant-files-10k-132036148.html
Is there a PR I'm not seeing?
That news was from 2011,
http://www.prnewswire.com/news-releases/energy-holdings-international-inc-egyhob-proceeds-with-the-development-of-its-450-mw-combined-cycle-power-plant-files-10k-132036148.html
But that deal was mentioned in the recent 10k,
"On July 21, 2011, we signed an agreement with PriSe Power and Energy Limited (“PriSe”), a local Bangladesh company, to sell 25% of our yet-to-be-formed subsidiary which will own the rights to the two 225 MW combined-cycle power plants in Bangladesh (the “Bangladesh subsidiary”) in exchange for $4 million upon obtaining the Power Purchase Agreement (“PPA”).. The PPA has not been obtained as of the date of this filing and no cash has been funded to the company out of the total $4 million that is promised. In addition, PriSe has agreed to complete the PPA and Implementation Agreement for the project and obtain all necessary approvals with the controlling authorities within the government of Bangladesh as partial EHII compensation for the 25% interest in the project.
In addition, we conveyed an option to purchase 10% of the operating subsidiary to an investor as part of our agreement to raise $1 million in operating capital (see above in this explanatory note and Note 8 ). The 10% equity is contingent upon financial close of the project.
As of the date of this report, we have not yet closed the project on the Bangladesh power plant."
.123 x .129 754,000 volume.
For anyone tempted to believe this, Nates hasn't diluted anything in months and won't now that they have funding. Any short position here would be in a tough spot.
Seriously, it's my experience that if you ask a good question, they will release an 8k to answer it. They are trying to do everything right here so they can attract future customers and point to Nates as a success story.