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I'm sure it's not the "$3 million non-dilutive financing" that Nate's lied about because if they had that, they wouldn't be borrowing from toxic loan sharks, diluting the stock in the process.
Nate's apparent strategy, from the beginning, has been to make up lies about things that were never going to happen and then hope no one remembers the lies.
Nate's said that they had $3 mil in financing--lie. Nate's said that they were going to pay a cash dividend for every can sold--lie. Instead, they split the stock 2 for 1 and called it a "dividend." They said they had a deal to sell product in China--lie. They can't even find a deal to sell product here. They said they were building a factory in Indiana--gross lie. They talk about producing hundreds of millions of cans and they can't even get a purchase order to sell one can--lie. They said that they were going to open kiosks in malls to sell product--lie. The company is chronically lying to shareholders. It is really pathetic.
They said selling their product to big box wasn't profitable--true, which is true, but they can't even get a purchase order for a product they would lose money on.
There is no future for a company that lies to everyone.
Good Investors are too smart to buy Nate's.
That is why Nate's trades for less than a penny. Once smart investors do their DD, they see all of the deceptions, failed promises, and shady characters involved.
And they have, and they've hit the exits, leaving a few unfortunate holdouts holding onto a loser of a stock.
Someone buying $10,000 stock would have to pay up to $.10 for it, and then it would fall back to sub penny. That doesn't seem like a good investment to me.
The market makers own the novices in NHMD. That is what they want--for small fries to soak up their inventory at higher prices so they can let it fall again and buy back cheap shares to start the process all over again. That is how they make money. NHMD moves because that is the only way MM's profit. Whoever tries to trade this will get eaten alive.
I agree. Only slap the bid and get out.
Besides, over 70% of the volume today was in the $.006's.
There was no movement. It was only the MM's selling the stock they bought yesterday for $.006 and selling it today for $.0112, creating a 85% rip for market makers in a single day.
That is why there is no forward movement. It is only MM's with a profit I.V. connected to the veins of the small timers.
Besides, NHMD is a prune. It is shriveling up, and soon it will be dust in the wind. It's best to get out now and prove the ability to spot a loser.
I've been eating Bisquick pancake mix for decades. It is healthy and delicious.
On the other hand, the acid that is in Nate's pancakes could prove to be harmful, only time will tell.
What we do know is that ABCO, the company that processes Nate cakes, and who's chairman is now on the Nate's board, had food products recalled for containing poisonous substances, Salmonella, and a metal fragment.
The FDA also warned ABCO for false and misleading labeling and making illegal claims.
I think I'll take my chances with fresh, homemade pancake mix.
Looks like NHMD toxic's are selling to retail buyers. It is the perfectly orchestrated escape plan for many of Nate's inside pals, but it's tough watching retail customers buying 30% above what the toxics are selling. It creates automatic losses for less sophisticated investors.
I did enjoy making fresh, old-fashioned pancakes for my daughter this weekend. No measuring required--just mix ingredients to the right consistency and pour on the griddle. It takes seconds and my daughter got to stir the ingredients. She loves that.
Besides, homemade is much fresher, tastes better, and speaking of toxics, it doesn't have the harsh preservatives that Nate Cakes contains. Nate's contains Sodium acid pyrophosphate which, according to this Livestrong.com, overconsumption of phosphorus-containing foods and additives can result in elevated blood phosphorus levels, which may contribute to osteoporosis.
And Nate's uses Potassium Sorbate, which, according to md-health.com, "Those who consume large amounts of food containing potassium sorbate may suffer from diarrhea which can cause them to deplete the nutrient value in their system. In lesser cases, the patient may suffer from nausea as your body becomes overwhelmed with the amount of potassium in your system."
It doesn't sound like I want those things in my body, and Bisquick doesn't have either one of those questionable preservatives, and of course the natural ingredients, such as milk and eggs, doesn't sit in a metal can in batter form for weeks before consuming it.
I think I'll stick to fresh and homemade.
I made delicious Bisquick pancakes for my daughter this morning. Took only a couple of minutes. Low mess. Fresh eggs, fresh milk, quality mix, and cost me about $.25. It really beats aerosol infused semi frozen shelf cakes from Nate's. Besides, even if you wanted Nate cakes, you can't buy them.
Nate's is nothing more than an expensive fad that is a proven loser.
No Shorting, just toxic debt. There is never more than a couple hundred dollars worth of short interest, and it only exists due to MM cleanup imbalance. Just go to http://otce.finra.org/ESI and plug in the symbol.
NHMD Market Makers are schooling retail wet baggers. They took in stock in the $.003-.004's and are selling it back to them for 100% profit, and more.
Toxic debt converters are also getting in on the fun, shoving million share blocks down the throats of feeble unsophisticants, while the unsophisticants take their hard earned money and hand it over to the smoky room toxic debt financiers, all with the help of the toxic's new found friends, Wade and Nate.
Now that big daddy Abco is getting a piece of the action, we will probably see fresh new ultra-cheap stock hitting the market.
Couple that with failed promises, hype, pump and dump, and ineptness beyond believability, you have a recipe for a dirty, secretive, and dilution ridden penny stock that is ripely suited for those willing to believe anything.
No shorting in this stock and no profits to flip, sells going off at mainly .05-.06 without volume to make any more than lunch money.
The big selling/ dumping coming from insiders and/or toxic debt converters.
You can thank your buddies, Nate and Wade, for that.
They are oppressing and frustrating the penny-ante amateur investors with their secret 8k can status and pouring toxic dump stock down their throats.
Nate is playing investors for fools. The Bull Trap is on, and Nate and Wade are back to the hype to prep retail wet baggers for the pump and dump.
This 8K absolutely has no teeth. It means nothing other than Nate and Wade went back on their word again, preparing to buy the more expensive piston cans instead of the more economical variety.
They are all over the place. No one can keep track of the deception. They make up so much stuff that they hope investors will lose track of the lies.
I am confident that investors will see this game for what it is.
Besides, why doesn't Nate's give investors the straight dope? Why did they say, in the 8K, "On November 30, 2015, the Company made a commitment to CCL Container, the manufacturer of our custom piston driven cans, to order 2,000,000 (two million) cans over the next twenty-four months."
A honest company, with a good PR person, would say ...
"Today, November 30, 2015, Nate's Food Co. issued a purchase order to CCL Container for 2,000,000 aerosol cans to be used for dispensing Nate's signature product, Nate's Pancakes. As previously announced, Nate's will realize significant savings by switching to aerosol cans from piston type cans. The aerosol cans will be delivered over a 24 month period."
Now was that hard? Why refer to Nate's as "the company" and then rattle on incoherently for the rest of the release. It is because they think if they speak mumbo jumbo that investors won't figure out that they backed out on their word, again.
They are mistaken to believe that investors are unsophisticated. They are wrong. Investors have their number, which is why the stock is trading below a penny, down 95% from the high.
Both. Stupid mistake and desperation. Nate's is like a gambling addict.
They're betting on a known losing product, but, just like an addict, they refuse to see let go of the addiction.
They don't have other options, Nate can go get a job bussing tables or he can suck this gig dry, and investors along with it.
Let me see ...
I've been talking about Nate's and Wade's deceptive practices since NHMD was at $.18. I've been talking about the dilution, ineptness, and deceptions, and the entire time, NHMD has been in a protracted free fall.
Wrong?
NHMD 8K is a joke!
ABCO is on the board. Since the FDA has warned ABCO for false and misleading labeling and making illegal claims in the past, that's no surprise.
The competence of the PR person who writes Nate's 8K's is a direct representation of what a joke of a company they are. "The refrigeration of the production process has been completed." What does that even mean?
And The idea that commitments by Nate are any good is ridiculous. Nate has a very long list of things committed to and not fulfilled. The list is nearly endless.
And why is Nate's buying very cans they said they were going to replace to reduce cos?. Everything this company says is trash and suspect. That is why the stock is down 95%.
It is merely a pump and dump hype scheme in line with every other fluffy 8K the company has put out.
Wade and Nate said that retail isn't profitable.
In the June shareholder meeting Nate and Wade said that selling to big box isn't profitable. They said that the 1pm online route was the way to go. That deal is over. They said the costs were too high with too many middle men, at a price that is double Batter Blaster.
So, why would Nate's want a "contract" or purchase order to sell something that costs more to produce than what they receive, especially since they have no money?
This product and company is a recipe for disaster. The stock has already discounted the fact that this is a failed concept and company.
Batter Blaster went out of business because there weren't enough people willing to pay the high price for semi--frozen pancakes in an aerosol can.
The price for a can of batter blaster was about half of what Nate Cakes is, and according to Nate and Wade, in the June shareholder meeting, they said they want to keep prices high so that they can offer promotions. Ha ha.
So, let's get this straight, batter blaster went out of business selling pancakes people didn't want for half the price of Nates, and Nate's is going to go to the moon?
The stock is toxic and so is the product.
Nate's Pancakes is a failed concept. It was tried and the business went defunct. Nothing has changed. Same people. Same bad idea.
Viva Aunt Jemima!
Batter Blaster went defunct because it wasn't profitable. If it was profitable, it would have gotten the money.
The problem is that the frozen pancake in a can business model is too expensive (refrigerated shipping and so forth)--too much per can for what enough people are willing to pay.
Besides all of that, Nate's management is inept. They have caused the stock to implode, which jeopardizes any quality funding they could have hoped to have. They don't have any money, the same problem that now defunct Batter Blaster had.
The Titanic?
So here's how it works. Market makers are buying NHMD at the bid and reselling NHMD to retail wet bag investors somewhere above bid. Then ...
MM buying on the bid causes a lower pps print, which invites more selling to market makers by panic sellers and toxic share converters desperate to get out. Then ...
When market makers run out of stock, they lower the bid again and take in panic and conversion stock to sell back to wet baggers. Of course, the lower prints allows toxic debt holders to convert their shares at the lower bid prices, allowing the toxic debt converters to convert at 50-60% of the low trading price, allowing the toxic holders to sell straight into the open market, at any price, further driving down NHMD, which give market makers yet more opportunity to take in ultra cheap bid shares from the toxics. All the while ...
Wet baggers are jumping up and down, thinking that it is a good thing to see the price plummet day after day, believing that they are the smart ones and not getting scammed by every other player in the market who's smarter than them.
This could be referred to as the toxic stupid spiral.
The biggest regret of NHMD investors was buying this thing in the first place.
NHMD has decimated portfolios, while Nate has run roughshod over investors, while enriching himself, toxic financiers, and his pals.
Regret is a good word. The pancakes are burnt and so are investors.
2014 move up in NHMD was based on lies. No 10,000 share order, no China deal, no non-dilutive financing.
People now know they were lied to. They aren't going to fall for the same lies and hype. They're too smart for that.
This thing is headed straight into the ground.
Fool me once, shame on you. Fool me twice, shame on me.
Batter Blaster went belly up. EOM
NHMD is a toxic dump site for diluted shares. Wade, Nate, and the whole bunch have lied to investors, and gullible investors fell for it, and keep falling for it.
I believe that there will be investors, when NHMD is 1/1000th of a penny, who will actually think NHMD is a good investment.
What they don't get is that their money will be gone forever, in the hands of promoters, market makers, toxic debt holders, and insiders. They will say, "we've been duped."
PEOPLE: Nate - Company Batter Blaster went Defunct, Wade - disbarred attorney.
PRODUCT: Modeled after a failed product, cost too high to be profitable, company lies about sales.
FUNDING: Toxic debt shares converting to tens of millions diluted shares hammering the market, decimating small time investors. Company lied about $3 mil non-dilutive financing.
It looks like with prints in the $.003's that NHMD is doomed. It certainly isn't a "reversal play" by any stretch. NHMD has dropped 68% or by 2/3's since that call.
I hope investors who happen to come across NHMD will see Nate's for the fool's play it is.
This thing is nose-diving into the ground at a high rate of speed. Current investors, jump now while you still have a chance. Newbies, don't stick around to watch this train wreck.
Investors are wise to the schemes at play in OPMZ and NHMD, which is why both companies are down over 95%.
Post # 1064 said 'TREN+NHMD+=$$$$$$$, and since then, both of those companies have dropped over 95%. Prospective investors should run from this company. It is toxic.
Nate's Reputation consists of failed Batter Blaster and relationships with shady people. He doesn't have a good reputation to throw away.
All the stock can be bought but Nate will still own the rights, and he will collect the monthly royalties, even though the company isn't selling product. He owns investors. They are his pawns who he manipulates and causes them to, in giddily fashion, suck up toxic debt stock, while Wade, Nate and the gang sit back with their feet on their desks, laughing at dweeb wet bag investors all the way to the bank.
I'm new to this board, but let me get this straight.
Am I mistaken or was this stock around $.01 in February, then it did a 1000:1 reverse stock split, which should have put it at $10.00 per share post split, but now it is at $.25 per share? Doesn't that mean all of those shareholders that owned it pre-split lost 97.5% of their investment, because, incidentally, one of Wade's other pump and dump schemes also lost over 97% of it's value over the same time frame. It was NHMD. This guy destroys everything he's involved in.
I'm shocked at how this company mimics all of Wade's other failed ventures.
Following massive reverse splits, such as this one, the company's stock usually drops in dramatic fashion, especially when the company's president is a shameless promoter that has led scores of other companies and investors to millions of dollars in losses through shameless pump and dump schemes.
It is true. Check out all of Wade's other failed companies, especially his latest defeat, the former Batter Blaster, now called Nate Cakes (NHMD). The stock fell over 95% from it's high in as little as few months, decimating shareholders and enriching insiders and toxic debt holders.
Prospective investors should realize that this stock will likely drop to below a penny, as all of Wade's other companies have done. Investors should find something else better to throw money at. Even investing money at the roulette wheel will likely yield greater returns.
We tried to warn other investors on the NHMD board before its dramatic fall, but few listened. The failure to see the truth caused massive losses in NHMD holder accounts. Prospective investors shouldn't make the same mistake in OPMZ.
Run, run run!
The game is over. The pump and dump has been pumped and dumped. Investors have seen firsthand how they have been deceived. The only ones left are the unsophisticants.
Uh? Does the share price give any clues? Hint: 95%+ drop from the pump and dump high.
If investors want proof of millions of toxic debt shares, read the 8k's.
I would hope that after all the failed promises, deceptive 8k's, and massive dilution, investors wouldn't need it spelled out.
Please make the selling stop!
Who could have imagined (besides everyone) that so many NHMD toxic debt shares would be sold into the open market, overwhelming small time investors and dashing their hopes?
It's too bad that investors didn't heed the multiplicity of warnings, especially after experiencing yet another black Monday for NHMD, sliding downward another 15+%, reminding investors of the recent onslaught that has brought NHMD to lows of the year.
Someday, the tens of millions of toxic shares will be sold and all that will be left are the hundreds of millions of ultra-cheap insider shares that will hammer the market, decimating small fry shareholders.
Anything related to NHMD or Nate's is toxic. Investors interested in winners should stay away from this stock.
Millions sold at 1/2 a penny, drowning investors in massive dilution from insider sales and toxic debt conversions.
NHMD Promoters and Insiders are small time players. They don't know how to run a company, but they do know how to lie and manipulate.
You're right nobody is getting rich here, and no one will with this stock. That's why Wade has multiple companies to manipulate.
What we do know, high or low volume, investors have been hosed from $.19 down to $.006, a 95%+ drop.
The gang is getting tired of this gig, and since there isn't money to pay salaries, it's getting close in time for these guys to roll up and walk away.
NHMD Long Massacre Ensues, as NHMD drops over 50% in only 4 days, dashing investor's hopes.
NHMD toxic debt holders are buying their wives new Audi's for Christmas, and Wade and Nate are warming up the 8k printing press for yet another round of baseless hyping to $ring$ in the holiday season for Nate and the gang.
Meanwhile ... No orders, No China, No factories, No non-dilutive financing, No customers, No loyalty to shareholders.
... lies, deceptions, fluff 8k's, forward stock split, toxic debt, dilution.
And the beat goes on ...
Just trying to help weary NHMD investors overcome denial of the recent share price massacre, and warn newbies to steer clear of Nate's deceptions.
I'm happy to volunteer some time to that endeavor. Thanks for noticing.
NHMD Decreases in Value by 35% in One Day? Isn't that really bad?
And why do penny-ante investors keep putting money into hopeless NHMD? Unless it's like a pathological gambling addiction. I hope not.
And why does Nate's sell out investors to toxic debt holders?
And how big of a hole in the ground does it take to dispose of 2500 cans of Nate's Pancakes?
And what causes and investor to lose money in NHMD? Answer: massive dilution on a massive scale, failed promises, lies, deception, and manipulation.
INVESTOR ALERT! Stay away from this stock. It has been a miserable failure. The value of NHMD has dropped 95% from the highs of the last year, with the potential to drop to zero.
That is exactly the game! Wade and Nate get the toxic shares absorbed, at 300% profit to the toxic debt holders and insiders, and wet bag unsophisticated investors got hosed all the way down from $.18 per share. The insiders are making 300% or more profit selling at just over a penny, while wet bag holders lost millions over the last few months.
When the game is over and the poison from the toxic debt has circulated through the market at ultra cheap prices, NHMD will descend into sub penny status for good, just like Wade's other companies. That is why he has so many; when he is finished with Nate's, he will start another and the process starts all over again.
Penny stock promoters love it when a plan comes together. They are seasoned professionals and penny ante investors are all part of the plan.