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It's dangerous and ill-advised to try to catch a falling knife.
NHMD looks cheap, but it's not. It's going to trips soon and any money thrown at this is throwing it into the pockets of market makers and toxic debt holders.
Move to another stock or pay the piper. Your choice.
From what I hear, according to the poor guy in post # 33300, who bought several impotent cans of Nate cakes, the cans don't even work.
Besides, if they do happen to discharge aerosol infused battered batter, it costs too much. It's a low quality offering for a high cost. It's a market failure, just like defunct Batter Blaster.
I'd rather buy a quick, wholesome mix for a fraction of the cost, and from a company that isn't trying to deceive at every turn.
Perhaps Nate's should have focused on creating a quality product that made sense instead of a dead end pump and dump scheme.
Believing Nate's past "accomplishments" would be taking Nate's word at face value, which would be a fool's error.
Given Nate's track record of deceptions, why would anyone find Nate's version of accomplishments credible?
The real DD is what actually happens on the ground, what we can see with our eyes, not what someone says they did a decade ago.
The real DD for NHMD illuminates a track record of failed promises and deceptions, and the inability to deliver on objectives.
Who cares what Nate said he did in a previous lifetime. People want to know what he is doing with their money, now; and so far, 99% of investors' money has been lost, just like Batter Blaster, except for the last 1%, which will be scattered around to MM's and toxic debt holders, sooner or later.
Batter Blaster went defunct for reasons why any company goes defunct, their product sucks or it's unprofitable.
The lame excuse of not being able to scale to orders is hogwash and far-fetched, which, of course, is in the same vein as every other story concocted by Nate's.
The reality is that Nate's has deceived investors and investors are reaping the byproduct of such indiscretions.
At this point, it only makes sense to dismantle this illegitimate pancake heap and free investors from aggravation and their financial defeat.
Batter Blaster is defunct. Batter Blaster struck out. To compare Nate's to Batter Blaster is to accept that Nate's fate will be that of Batter Blaster.
The same dumb people who defuncted Batter Blaster is at the helm of Nate's. That fact should give chills down the spine of any investor that unfortunately stumbles upon this inept little washout of a company.
The company has deceived investors, time and time again. Nobody wants to be deceived by an unscrupulous company. It is a wise investor who has been around long enough who can see when a company is hyping and shamelessly promoting their stock at the detriment of the investing public.
Nate's never had a chance and the fact that their stock has dropped 99% over the past year is proof enough of that. Why let them take investors for the last 1%?
The market has proved who is wrong here.
Nate's actions speak loudly enough, and is why every investor has been injured by the ineptness of management. I would prefer to focus on what it is important here, which is the damage caused by inept management and the pump and dump propaganda put out by the Nate's inside gang.
The problem with that logic is that Nate has never done $15 mil a year.
The other problem with the logic is that Batter Blaster went out of business, so if you compare Nate's to BB, then the logic follows that you must predict that they will go out of business, just as BB did.
Lastly, the market values NHMD as a discredited company without scruples, profit, or a product. It is in a massive death spiral that is ten feet from crashing into the ground.
The smart money says that this is doomed. The only value NHMD has at this point is what MM's can suck out of gullible and naive Nate addicts.
A retail Joe getting filled on the bid is a bad sign. It shows how weak NHMD really is.
It's a sucker play, just as it was easy to get "bid filled" 10 days ago. NHMD has dropped by 1/2 since then.
Continuing to participate in the suckers play will yield massive losses in NHMD.
It is toxic and should be avoided.
NHMD should be avoided! It has laid waste to unsuspecting shareholders.
The company has lost all credibility.
NHMD is the quintessential pump and dump scheme and has caused financial ruin among all positions held in Nate's.
Internal lies and manipulation have brought Nate's to its knees.
NHMD is currently in a downward price spiral caused by toxic debt, management stupidity and dishonesty, as well as an unprofitable product idea.
Nate's is the bastard child of Batter Blaster and never had a chance.
You put your mom in NHMD? It's your mom. No. give up.
A slow, toxic, debt-ridden death for NHMD. Massive financial losses, toxic high interest dilutive debt (despite the fact that Nate said they didn't need it), failed promises, lies, deceptions, and ineptness of management has slowly brought Nate's down to its lowly state, with no where to go but the bottom of the pancake pile.
There were so many red flags: shady characters, market manipulation, needless hype, to name a few.
I wish someone would pull the plug on this one and just get it over with.
In post 29964 when I said that I thought $.0013 would be a good entry point, that was before the 2 for 1 stock split and the massive toxic dilution.
Given the fact that NHMD is now saddled with massive, horrendous share dilution and a 2 for 1 stock split (disguised as a dividend and what precipitated a massive sell-off), a more suitable entry price to purchase NHMD is $.000195, or about 2/100th of a penny per share, which would make a $5,000 investment in NHMD at its high of $.1890, if trading at $.000195, worth $5.00, which is not enough to buy one can of Nate's Pancakes. Ironic.
The previous predecessor company, Batter Blaster, went out of business. Defunct. Batter Blaster didn't make money (which is the reason they went out of business), and there isn't any proof that Nate Cakes are any better or even as good as the Batter Blaster product. The fact that BB was a miserable failure should be indication enough to steer clear of NHMD.
But if that is not enough, the fact that the company continually lies and misrepresents; and fails to deliver on promises, goals, or projections should be that extra little due diligence needed to flee from this company and its highly diluted, toxic debt ridden, beleaguered and beaten down stock.
And if that's not enough, the stock has fallen over 95% and has only enriched insiders and toxic debt holders.
And if that's not enough, they aren't selling product in multiple countries-as promised, they aren't paying any cash dividends-as promised (other than a 2 for 1 stock split masquerading as a dividend), there isn't any non-dilutive financing-as promised, they didn't have a 10,000 can order (corporate deception), there aren't any big box orders, and the company has a product that is not profitable, regardless of how many flavors they have--they're all unprofitable.
NHMD is the biggest loser of all time. It will soon be visiting its former self in defeat. Only invest in NHMD if you want to lose your shirt, or what's left of it.
There was one insider buy over the last year, which was for $310.20, which is now worth $44.18.
It looks like insiders are as poor at investing as they are running a company.
The $310.20 buy was not an open market transaction, so it probably was just a fictitious sale to get something on a 144 report to stir interest, just like the fictitious 10,000 can sell to J Wad to hype investors in to buying NHMD when NHMD was 90% higher.
What a shame.
Screw ups like this set investors back, not just Nate. And it's not just labels, it's cans, labels, equipment, time, money and confidence. That is why the stock is at all time lows and why every investor is under water.
This small can debacle is just another in a long line of foibles for this directionless company.
If dry pancake ingredients are chemicals, then Nate's is toxic death soup.
Bisquick has been around since 1930 (85 years)and is made up by people who care and who believe in their product.
Nate's is a stock play by insiders. Nate cakes are only a byproduct of the greed of a few at the top of this toxic stock heap.
And not all entrepreneurs are scammers but all scammers are scammers, and reducing the can size is just another zinger in a long line of losing moves.
Lastly, would one rather take advice from someone who is blinded by the possibility of profit - or fear of loss - or should one take advice from someone who is without a conflict of interest and who is calling like it is?
Yep. Everyone loves to pay more for less. It's so absent of value.
Yep. Everyone loves to get scammed by directionless companies in bed with toxic lenders and shameless promoters. It so absent of honesty.
Yep. Everyone loves to lose 95% of their investment. It is so absent of profit.
The small can scam is a terrible idea. Going to a smaller can will only incrementally lower costs, but it will mean only 1/2 the Nate Cakes for customers. The product was always overpriced per pancake, now the metrics are worse. And the how much will it cost to change the can again? This is a disaster.
The company has moved from scamming investors to now scamming customers.
Besides, none of this makes sense. I see tall cans in grocery stores all the time everywhere. Whipped topping in large cans are in the refrigerated section of every grocery store. This is just another one of Nate's sleight of hand moves to bumfuzzle and bamboozle investors.
It is bad enough that the stock has dropped 95% over the last year, and now Nate is driving the last nail in the coffin, spelling the end of an already laughable and disastrous year of screw ups and deceptions.
Make it stop! Please, make it stop.
The NHMD small fry beat down continues. Wade and Nate are aghast at how easy it is to take advantage of eager bid sitters who are always willing to buy more shares.
Millions of more shares converting every week. Ouch. I guess there are no good excuses to have stuck with this loser for so long.
Investors can't buy a meaningful ownership in NHMD, much less 10% because they can't keep up with massive toxic dilution. Millions of shares are added every week, further diluting naive small time holders. When Nate and his pals start converting preferred shares, 10% will turn into 1%.
Unless the ABCO guy is in on it - hypothetically speaking - and, of course, Bernie Madoff never fooled anyone. Lol.
I've been watching the signs and warning of the signs since NHMD was $.18 down to half a cent, and if I wanted shares, which I don't, and never have, the toxics have plenty they are getting rid of on a daily basis, at ultra cheap prices, and when anyone and everyone can buy cheap, it's not a bargain. That is a sign you can count on.
The trend is down in NHMD. Huge overhang of stock keeps a strangle hold on Nate's. The smart money is selling. Million share trade went off at a .045 bid, compromising support. Most likely NHMD is headed down.
Often, I see NHMD small time buyers, "slapping the ask," consistently, at $.002 to $.004 higher than what the toxics are selling their shares for. Unsophisticated buyers are supporting the toxic's liquidation addiction by flushing their money down the drain.
If what you say is true, then shame on Wade for not filing his Form 4. It just shows how sneaky and deceptive the leaders of this dirty little penny stock are. It is best for investors, who aspire to wealth and sophistication, to stay away from this lipsticked pig, and to not let Nate and Wade play with their golden eggs.
Wade potentially has tens of millions of shares, and of course he is a part of Nate's. He was the company's mouth piece at the June shareholder meeting. He owns the online rights to Nate's. He is the man, the big dog, the stud. He rules over and talks over little Nate. Besides, he is the largest common shareholder, unless someone can prover otherwise.
I never said that Wade was dumping shares. I said that Nate's diluted existing shareholders by issuing an embarrassing amount of shares to Wade. That is not the same as dumping.
What is true, unless someone can prove differently, is that Wade is an insider and the largest common shareholder of Nate's Food.
I'm not sure why anyone would want to buy any shares in NHMD, let alone millions. I do know that there are millions of toxic debt shares that are available for sale that were converted for $.003.
Wade is alive and well and is doing a good job schooling Nate on how to create a sub-penny share price, just like Wade's other companies that all descended into sub-penny status.
No, of course not, but I do want people to know what I've been trying to tell them for a year, before this lipsticked pig dropped 95%, which is that Nate's is a pump and dumper's dream and to stay away before it goes down another 95% or even 100%, which is more likely.
GLTY!
The last trade of the day was 3,000 shares at $.0079, which is $23.70, which might buy lunch for two.
Definitely a lipstick job.
It's real simple: no matter what it is called, there are people, desperate people albeit, that place small buy orders at the end of the day to artificially "paint" the tape, or if you'd like, in Nate's case, we can call it "lipstick the pig."
Like I said, Lunch money. And it think you mean Nate's is ready for a poop.
I'd rather have a can of coke because who wants to overpay for a can of Nate's that you can't even buy.
I wouldn't get too excited about Nate's fluffy 8k's. They don't come to pass. The list of lies and deceptions are getting too long to list on a post.
Bid sitting is the worst strategy ever. It means that you're buying a stock as it is going down. It ranks right up there with averaging a loser--like Nate's.
And Nate's isn't honest and open, just dishonest and open.
The smart money doesn't take out the bids all at once. You don't kill the Golden Goose, you take one egg at a time while making the goose feel safe so that it doesn't fly away.
Small time bid sitters are Nate's Golden Goose. They feed the goose 8k's and make the goose feel safe. If the goose gets a little upset, they make up stuff that the goose wants to hear.
It is very subtle and seductive subterfuge. It's subtle, that is why small timers don't pick up on it.
As was mentioned earlier, it was painting the tape; not the obsolete text book variety of the definition, but the "real world that's what we're going to call it" definition. NHMD was a toxic share dump today, and it was prettied up at the end of the day with someone's lunch money. Somebody is desperate to put lipstick on this pig, but the smart people can see pork through those big red lips. The game is over for Nate and the inside gang.
I really love this one ...
Post 26192
"That is called Momentum sir. Which imo will occur quite soon. NHMD getting stronger every day.
FOZZ"
This was great advice. Oh wait, that's before NHMD dropped 90% from that post. Ouch! Not such good advice after all, huh?
I'll stick with Surfkast's record on the movement of NHMD PPS. Down, down, down!
Solid Buying? No, no! Over 4,000,000 shares sold in last 20 minutes of trading, and, BTW, painting the tape, in OTC, in its most contemporary and non-arcane form, is not some illegal trading scheme, as was posed here; it is merely making small buy or sell orders, in an illiquid market, such as Nater Cakes to take advantage of the huge spreads and illiquidity to mask the true trading range of the security, which happened at the end of the day today, in Nater Cakes, to make it seem as if Nater Cakes hadn't traded in the miserable doldrums for most of the day, which it did, and as it got hammered by huge toxic sell orders.
And since the pot has now called the kettle black, the huge inconsistencies is calling today's activity in Nater Cakes solid buying and in strong hands, especially when most of the trades were massive selling, which would indicated weak, toxic, and disloyal selling hands.
There are too many smart investors watching this train wreck to believe someone else's lying eyes.
Wade is the single largest common shareholder of Nate's, and still is. If not, the sales should have been reported on Form 4, for by the very definition, he is an insider.
Of course, at some point, his tens of millions of ultra cheap shares will deluge the market along with the millions of the countless toxic debt shares that Nate unleashed onto loyal shareholders. This betrayal has had a disastrous effect and caused massive lost wealthy for the small guy.
Nate's has only sold a few thousand dollars worth of Nate Cakes but has lost millions of dollars. Batter Blaster was a market failure and went defunct. Ironically, Nate Cakes were modeled after this failure.
It is no surprise that the stock has been obliterated. Along with toxic debt share liquidators, smart investors have trampled the exits.
Nate's lacks experienced leadership and has fallen into the trap of believing you have to fool investors into buying the stock to support a liquidation strategy for the Nate gang.
It is unfortunate that so many people have been duped, but maybe Nate's will quickly hurl to its demise so that investors can get on with their lives.
I think it's too late for current NHMD investors, but, hopefully, there won't be any new investors going down with the ship.
I think most people can finally see that Nate's has ran this thing aground, and who can trust the company after all of the deceptions and broken promises?
These penny stock promoters think that investors are fools, but NHMD investors, by liquidating their shares, have shown Nate's that they are so dumb after all.
Interest is fading in this beleaguered stock, and massive selling by toxic debt holders have investors running to escape the cruel and uncontrolled selling.
It is disheartening to see the carnage that Nate's have inflicted onto the little guys over the past few months.
At this point, any money invested in Nate's is like throwing money into the sea.