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Pillsbury, one of the biggest brands in the world, already has liquid cold pancake mix out, Nate's can't compete without spending huge huge money to make it happen. Nate's needs the dry can if this is going to have a chance to go big.IMO
http://pourflipandserve.com/
LOL, that's from 2002, for pinksheets it's always better to look on otcmarkets.com. The company is reporting $1,937 so far for this year.
http://www.otcmarkets.com/financialReportViewer?symbol=ARTM&id=127003
Good find, and good point, spray can not needed if refrigerated. As I've said all along, they need to get the non-refrigerated version out there, that one is the ticket, convient, easy, no mess, no water, unfortunately no one has an answer as to how long that will take.
http://pourflipandserve.com/
That's really bad news for this company, the grocery stores have already been exposed to this product, this isn't something new they haven't seen before, batter blaster went out of business so obviously things didn't go so well the first time around. What does that mean for Nate's pancakes, at best, they will have to pay huge slotting fees, at worst, those companies that were already exposed to it wont carry it again.IMO
http://www.theatlantic.com/video/archive/2013/03/the-short-lived-brilliance-of-batter-blaster/274105/
LOL, that's from 2002, for pinksheets it's always better to look on otcmarkets.com. The company is reporting $1,937 so far for this year.
http://www.otcmarkets.com/financialReportViewer?symbol=ARTM&id=127003
Where do you see $3MM in revs?
I was just saying obviously the starbucks deal isn't done yet, but that's the direction they are going. Obviously they have some big plans for the company. Already have the mexican restaurant chain plus they said they plan to take their bar/restaurant concept nationwide.IMO
LOL, 50MM cans is years away, they are just now making 200,000 cans, how much money does 200,000 cans equal? They did a good thing by lowering the license fee to 3%!!! But then to give a dividend at this point in the game is ridiculous and for only 1 reason, to entice buying of the stock, every single penny should be going back into the company for advertising and/or new product development. They only have non dilutive financing in place for purchase orders, they still need lots of money for advertising and R&D for new products. Also there is a lot of dilution coming next year as the insiders will have their shares freed up. Let's first see them get the dry can done, that's the most important part of this equation, the product needs to be right next to all the other pancake mixes, not by itself where people aren't looking for pancake mixes.
(a) The Series A Preferred Stock has voting rights equal to 100 votes for each 1 share of owned.
(b) The Series B Preferred converts into Common Stock at a ratio of 1:1,000. However, the Series B may not be converted for a period of 12 months.
(c) Nate Steck is entitled to 50,250,000 shares of Common Stock upon the conversion of his Series B Preferred
(d) Marc Kassoff is entitled to 50,250,000 shares of Common Stock upon the conversion of his Series B Preferred
(e) Tim Denton is entitled to 15,000,000 shares of Common Stock upon the conversion of his Series B Preferred
(f) Jeremy Kaplan is entitled to 15,000,000 shares of Common Stock upon the conversion of his Series B Preferred
(g) The officers and directors have the right to receive 130,500,000 shares of Common Stock upon the conversion of the Series B Preferred.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10116626
Ask yourself, why would an insider buy 30,000 NHMD shares when he has 50,250,000 shares coming to him??? Hmmmm, maybe to create confidence in the market because he surely doesn't need the shares.
(a) The Series A Preferred Stock has voting rights equal to 100 votes for each 1 share of owned.
(b) The Series B Preferred converts into Common Stock at a ratio of 1:1,000. However, the Series B may not be converted for a period of 12 months.
(c) Nate Steck is entitled to 50,250,000 shares of Common Stock upon the conversion of his Series B Preferred
(d) Marc Kassoff is entitled to 50,250,000 shares of Common Stock upon the conversion of his Series B Preferred
(e) Tim Denton is entitled to 15,000,000 shares of Common Stock upon the conversion of his Series B Preferred
(f) Jeremy Kaplan is entitled to 15,000,000 shares of Common Stock upon the conversion of his Series B Preferred
(g) The officers and directors have the right to receive 130,500,000 shares of Common Stock upon the conversion of the Series B Preferred.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10116626
WHCA and Starbucks!
Obviously not a done deal, but you can see which way this company is going.
http://bakken.com/news/id/tag/williston-holding-company/
The $3MM line of credit is for purchase orders ONLY! Where is money for advertising going to come from? Where is money for slotting fees going to come from? It's not really a big deal to get a product into Walmart or Costco when you have to pay for shelf space. How about R&D for the new products? The CEO and his buddy get 7 1/2% of GROSS REVS, so don't expect any earnings actually going to the company, those will all be eaten up way before that happens. The company clearly states they do not want to get traditional loans because that will impact their cash flow, they plan on selling shares instead. This article linked below covers the real costs associated with this business:
http://www.fastcompany.com/1182499/how-one-man-confused-grocers-and-won-customers-canned-pancakes
Additional debt financing would be sought only in the event that equity financing failed to provide the Company necessary working capital. Debt financing may require the Company to mortgage, pledge or hypothecate its assets, and would reduce cash flow otherwise available to pay operating expenses and acquire additional assets.
Payments/Royalty
The Company shall pay a royalty equal to Seven and One Half Percent (7.5%) of the Gross Revenue from the licensed products. Gross revenue is defined as total revenue minus discounts and allowances. In addition to the royalty, the license requires that the Company pay a $7,500 monthly fee beginning twelve (12) months from the execution of the license agreement. Thereby the fee shall begin on June 1, 2015.
Slotting fee
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A slotting fee, slotting allowance,[1] pay-to-stay, or fixed trade spending[2] is a fee charged to produce companies or manufacturers by supermarket distributors (retailers) in order to have their product placed on their shelves.[3] The fee varies greatly depending on the product, manufacturer, and market conditions. For a new product, the initial slotting fee may be approximately $25,000 per item in a regional cluster of stores, but may be as high as $250,000 in high-demand markets.[4]
In addition to slotting fees, retailers may also charge promotional, advertising and stocking fees. According to an FTC study, the practice is "widespread" in the supermarket industry.[citation needed] Many grocers earn more profit from agreeing to carry a manufacturer's product than they do from actually selling the product to retail consumers. According to retailers, fees serve to efficiently allocate scarce retail shelf space, help balance the risk of new product failure between manufacturers and retailers, help manufacturers signal private information about potential success of new products, and serve to widen retail distribution for manufacturers by mitigating retail competition.[citation needed] Vendors charge that slotting fees are a move by the grocery industry to profit at their suppliers' expense.[citation needed]
Some companies argue that slotting fees are unethical as they create a barrier to entry for smaller businesses that do not have the cash flow to compete with large companies. The use of slotting fees can, in some instances, lead to abuse by retailers such as in the case where a bakery firm was asked for a six figure fee to carry its items for a specific period with no guarantee their products would be carried in future periods.[5
Paul, read this, the company isn't hiding anything, they are fully disclosing their plans, it's just being ignored.
Our management has concluded that there is substantial doubt about our ability to continue as a going concern. The Company has extremely limited capitalization and is dependent on raising funds to grow and expand its businesses. The Company will endeavor to finance its need for additional working capital through debt or equity financing. Additional debt financing would be sought only in the event that equity financing failed to provide the Company necessary working capital. Debt financing may require the Company to mortgage, pledge or hypothecate its assets, and would reduce cash flow otherwise available to pay operating expenses and acquire additional assets. Debt financing would likely take the form of short-term financing provided by officers and directors of the Company, to be repaid from future equity financing. Additional equity financing is anticipated to take the form of one or more private placements to qualified investors under exemptions from the registration requirements of the 1933 Act or a subsequent public offering.
WOW, the CEO gave himself and his partner 7.5% of the GROSS REVS!
Payments/Royalty
The Company shall pay a royalty equal to Seven and One Half Percent (7.5%) of the Gross Revenue from the licensed products. Gross revenue is defined as total revenue minus discounts and allowances. In addition to the royalty, the license requires that the Company pay a $7,500 monthly fee beginning twelve (12) months from the execution of the license agreement. Thereby the fee shall begin on June 1, 2015.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10116626
As of May 31, 2014 the Company had $150 in cash for a total of $150 in assets. In management’s opinion, the Company’s cash position is insufficient to maintain its operations at the current level for the next 12 months. Any expansion may cause the Company to require additional capital until such expansion began generating revenue. It is anticipated that the raise of additional funds will principally be through the sales of our securities.
Our management has concluded that there is substantial doubt about our ability to continue as a going concern. The Company has extremely limited capitalization and is dependent on raising funds to grow and expand its businesses. The Company will endeavor to finance its need for additional working capital through debt or equity financing. Additional debt financing would be sought only in the event that equity financing failed to provide the Company necessary working capital. Debt financing may require the Company to mortgage, pledge or hypothecate its assets, and would reduce cash flow otherwise available to pay operating expenses and acquire additional assets. Debt financing would likely take the form of short-term financing provided by officers and directors of the Company, to be repaid from future equity financing. Additional equity financing is anticipated to take the form of one or more private placements to qualified investors under exemptions from the registration requirements of the 1933 Act or a subsequent public offering.
Ask yourself, why would an insider buy 31,000 shares when he has 50,250,000 shares coming to him??? Hmmmm, maybe to create confidence in the market because he surely doesn't need the shares.
(a) The Series A Preferred Stock has voting rights equal to 100 votes for each 1 share of owned.
(b) The Series B Preferred converts into Common Stock at a ratio of 1:1,000. However, the Series B may not be converted for a period of 12 months.
(c) Nate Steck is entitled to 50,250,000 shares of Common Stock upon the conversion of his Series B Preferred
(d) Marc Kassoff is entitled to 50,250,000 shares of Common Stock upon the conversion of his Series B Preferred
(e) Tim Denton is entitled to 15,000,000 shares of Common Stock upon the conversion of his Series B Preferred
(f) Jeremy Kaplan is entitled to 15,000,000 shares of Common Stock upon the conversion of his Series B Preferred
(g) The officers and directors have the right to receive 130,500,000 shares of Common Stock upon the conversion of the Series B Preferred.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10116626
It doesn't have to do with WDDD, he posted on the wrong board, look at his posting history, he meant to post it on the zecotek board.
The problem is everyone already knows about distribution news, it's pancakes, guess what, it will be sold in stores, walmart, safeway, costco, who here doesn't already know this, it's been talked about for a month now??? The big question everyone should be asking is where is the advertising money going to come from? Where is the money to run the company going to come from? Where is the money for the manufacturing plant going to come from? Where is the R&D money going to come from for the other products? The $3MM is for purchase order financing, where is this other money going to come from?
Here's what the filings say:
As of May 31, 2014 the Company had $150 in cash for a total of $150 in assets. In management’s opinion, the Company’s cash position is insufficient to maintain its operations at the current level for the next 12 months. Any expansion may cause the Company to require additional capital until such expansion began generating revenue. It is anticipated that the raise of additional funds will principally be through the sales of our securities.
The Company has limited capitalization and lack of working capital and as a result is dependent on raising funds to grow and expand its business.
Our management has concluded that there is substantial doubt about our ability to continue as a going concern. The Company has extremely limited capitalization and is dependent on raising funds to grow and expand its businesses. The Company will endeavor to finance its need for additional working capital through debt or equity financing. Additional debt financing would be sought only in the event that equity financing failed to provide the Company necessary working capital. Debt financing may require the Company to mortgage, pledge or hypothecate its assets, and would reduce cash flow otherwise available to pay operating expenses and acquire additional assets. Debt financing would likely take the form of short-term financing provided by officers and directors of the Company, to be repaid from future equity financing. Additional equity financing is anticipated to take the form of one or more private placements to qualified investors under exemptions from the registration requirements of the 1933 Act or a subsequent public offering.
What you need to know:
(a) The Series A Preferred Stock has voting rights equal to 100 votes for each 1 share of owned.
(b) The Series B Preferred converts into Common Stock at a ratio of 1:1,000. However, the Series B may not be converted for a period of 12 months.
(c) Nate Steck is entitled to 50,250,000 shares of Common Stock upon the conversion of his Series B Preferred
(d) Marc Kassoff is entitled to 50,250,000 shares of Common Stock upon the conversion of his Series B Preferred
(e) Tim Denton is entitled to 15,000,000 shares of Common Stock upon the conversion of his Series B Preferred
(f) Jeremy Kaplan is entitled to 15,000,000 shares of Common Stock upon the conversion of his Series B Preferred
(g) The officers and directors have the right to receive 130,500,000 shares of Common Stock upon the conversion of the Series B Preferred.
On May 20, 2014, the Company issued 1,250 shares of Series B Preferred Stock and 600,000 common shares to a consultant for services provided to the Company. The consultant also received 6,000,000 common stock warrants. Of the 6,000,000 warrants, 1,500,000 warrants are exercisable until December 31, 2014 with an exercise price of $0.05, 1,500,000 warrants are exercisable until December 31, 2014 with an exercise price of $0.10, 1,500,000 are exercisable until June 30, 2015 with an exercise price of $0.15, and the remaining 1,500,000 are exercisable until December 31, 2015 with an exercise price of $0.20.
Payments/Royalty
The Company shall pay a royalty equal to Seven and One Half Percent (7.5%) of the Gross Revenue from the licensed products. Gross revenue is defined as total revenue minus discounts and allowances. In addition to the royalty, the license requires that the Company pay a $7,500 monthly fee beginning twelve (12) months from the execution of the license agreement. Thereby the fee shall begin on June 1, 2015.
Otcmarkets.com is pretty standard knowledge in the penny market, but here you go
http://www.otcmarkets.com/stock/NHMD/profile
Not really sure how that makes a big difference whether it's only Nate or him and another guy, still the CEO gave away 7 1/2% revs for the license, Oh, and to himself and another guy ;) I might add. LOL, I used to work in the grocery business, and nobody this small is going to be able to play the game as effienctly as P&G. Notice next time you go to the grocery store, the middle shelves are household name brands, usually on the top and bottom shelves you'll find brands you haven't heard of that are much more expensive, have you ever asked yourself why is that??? It's because if you don't have a huge advertising budget behind you then you have to pay for shelf space, much like rent, and they try to pass that cost onto the consumer. Well what do you think is going to happen here, check the financials, there is no big advertising budget, so guess what, they will most likely be paying for shelf space.
LOL, so that makes it better, he's still hooking himself up with a huge royalty fee. Ask him to take 7 1/2% of gross profit and not gross revs and then the company will have a chance. Hell, P&G only makes about 12% of their revs in net income, NHMD will be nowhere as effecient as they are.
That's 7 1/2% of gross revs, thanks for pointing that out, looks like Nate is just looking to line his pockets and not grow a company, I'm fine with him getting shares of the company, but shares plus a big royalty fee is ridiculous.
Purchase order financing and R&D and advertising are much different. Purchase order financing is to fulfill orders placed, R&D and advertising will have to come from somewhere else. This is what the 10Q says:
Any expansion may cause the Company to require additional capital until such expansion began generating revenue. It is anticipated that the raise of additional funds will principally be through the sales of our securities
The Company shall pay a royalty equal to Seven and One Half Percent (7.5%) of the Gross Revenue from the licensed products. Gross revenue is defined as total revenue minus discounts and allowances. In addition to the royalty, the license requires that the Company pay a $7,500 monthly fee beginning twelve (12) months from the execution of the license agreement. Thereby the fee shall begin on June 1, 2015.
I think it's a no brainer huge hit if it's on the pancake aisle, much better than messy pancake mix, anywhere else and people will have to stumble upon it, please find out when they will have the non refrigerated one out. Also how are they going to pay for R&D and advertising?
LOL, it's from 5/14/2014, you keep posting false numbers, I'm doing DD here but your posts don't match the truth, just saying.
http://ih.advfn.com/p.php?pid=nmona&article=62199967
http://www.otcmarkets.com/stock/NHMD/profile
Your numbers are false, straight from the PR:
Nate’s Pancakes was created by Nate Steck who also created Batter Blaster which sold nearly 2 million cans and exceed $15-20 Million dollars a year in revenue.
Nate’s Pancakes was created by Nate Steck, who also created Batter Blaster, which was sold in over 13,000 stores and grossed over $40 Million in sales.
When I go to the store to buy pancake mix I don't go to the whip cream or cookie dough area, I go to the pancake mix aisle, that's where the product needs to be if they are going to get big sales, otherwise they will need lots and lots of advertising to get people to look for it elsewhere in the store.
Market cap is O/S X share price. O/S is 67MM. And the float is 54MM, not 38MM per otcmarkets.
NHMD Security Details
Share Structure
Market Value1 $11,692,800 a/o Nov 17, 2014
Shares Outstanding 67,200,000 a/o Oct 01, 2014
Float 54,000,000 a/o Oct 01, 2014
Authorized Shares 300,000,000 a/o Oct 01, 2014
When is the 45 day shelf life can going to be ready? The one that has to be refrigerated will be hard to find, the one next to all the other pancake mixes is where it's at.
Mik, not in any longer
It's a bit of a confusing sentence IMO, because it can be read 2 ways. One way would be, trial of actions for causes thereafter arising, meaning trials thereafter arising and the other way could be read as for causes thereafter arising, meaning infringment thereafter arising. Either way WDDD is covered in the case against Activision, but as to future lawsuits I'm not sure if they are limited by the cert date or not. The USPTO is fixing it all the way back to the original issued date, they do not state it's fixed back to the cert date, which would make it seem valid for the whole time, like I wrote, it's a bit confusing to me as far as future lawsuits are concerned.
35 USC 254/255 Every such patent, together with such certificate, shall have the same effect and operation in law on the trial of actions for causes thereafter arising as if the same had been originally issued in such corrected form.
"35 USC 254/255 Every such patent, together with such certificate, shall have the same effect and operation in law on the trial of actions for causes thereafter arising as if the same had been originally issued in such corrected form."
The patents still apply from the original dates per the USPTO, but the patent code only speaks about trial of actions arising after the correction is made and makes no comment as to trial of actions already in process, thus the judge got to weight in on the matter in this case.
IMO
Was it taped or not, both of you claim to have been there yet one says it was taped and the other says it wasn't???
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106909455
Just as a heads up, many moons ago the CEO alluded to me that they were waiting for a successful markman hearing before going forward with litigation against other companies, as the markman results should apply towards other lawsuits because they will be coming from a federal judge. FWIW
35 USC 254/255 Every such patent, together with such certificate, shall have the same effect and operation in law on the trial of actions for causes thereafter arising as if the same had been originally issued in such corrected form.
The patents still apply from the original dates per the USPTO, but the patent code only speaks about trial of actions arising after the correction is made and makes no comment as to trial of actions already in process, thus the judge got to weight in on the matter in this case.
One day after launching their anticipated online shooter, Activision announced that they’ve sold in over $500 million worldwide
https://games.yahoo.com/blogs/plugged-in/destiny-tops--500-million-in-day-one-sales-to-stores-162745164.html
http://www.bing.com/videos/watch/video/more-feast-than-famine-in-the-bakken/3xr86byt
Make sure to watch the whole thing, he talks about rolling out the brewing company nationally.
I talked to a patent attorney recently, he said that once a positive markman result is obtained, that that result will apply towards all other lawsuits as it's coming from a federal judge, thus we should expect to hear about more lawsuits once a positive markman result is released.
Yes, the CEO plans on uplisting and such when good things are rolling and coming in, and not before, he has consistantly said this. Most of your points are moot because as the S-1 states, the reverse would happen to get the stock onto a higher exchange, AMEX, at which time a secondary would be offered. My guess is there are people that are willing to invest some big money, as long as the stock is on a higher exchange, also it's a chess move against Activision who is taking the angle of trying to get the timer to run out on WDDD, so cash in the bank would remove that play.
As an aside, your point still does not make sense on it's own, you would rather have them sell double the shares at 15c pre-runup as opposed to half the shares at 30c at the runup, not sure how it would be bad for existing shareholders if people are buying a secondary at 30c, those buying will want more than 30c, if they bought shares at 15c than they would be willing to sell at any prices higher than 15c, does that really need to be stated??? Your post makes me feel like it's opposite day or that I have now entered the Twilight Zone.
First of all, you should read the link you posted, as you have twisted the whole thing around. There will not be any stock offering until a reverse split takes place, and that will only happen with the intention of uplisting. As to you thinking it would be good if the company sold shares low and bad if the company sold shares high, LMAO, that's the silliest thing I have ever read.
We intend to effect a 1-for-__ reverse stock split of our outstanding common stock immediately prior to this offering. However, the reverse stock split may not increase our stock price sufficiently and we may not be able to list our common stock on The AMEX, in which case this offering will not be completed.