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BLFR**Kayne Anderson is a $33 Billion Company & more with BLFR...
I think the team here with BLFR is a lot more serious than the attention coming from the market right now. From this BLFR PR below, Resource Rock Exploration, LLC is funding BLFR and their Screaming Eagle Partners, LLC operations to increase oil production as part of the six month plan to strategically achieve its vision of no less than 10,000 bbls/day of sustained production of oil by giving them $3 Million for starters to fund BLFR:
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Enters-into-a-Binding-Letter-Agreement-with-Resource-Rock-Exploration-LLC-to-Increase-Oil-P?id=419011
The price of oil per barrel is currently $80.00+ per barrel:
https://oilprice.com/
I suggest all to figure how much in revenues that 10,000 bbls/day will equate to then figure that they are currently tracking initial production of the first 6 wells to be up to 1,200 bbls/day and with an additional 1,800 bbls/day in Q4 2023 from another major acquisition:
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Acquires-Screaming-Eagle-Partners-LLC-a-Cashflow-Positive-Family-Owned-Oil--Gas-Company-in-?id=417926
Screaming Eagle Partners, LLC was just their first acquisition with a much bigger acquisition coming soon as the company has indicated. As of Oct 30, 2023, the company filed a Share Structure Letter from their Transfer Agent (Issuers Direct) indicating that BLFR has not issued any shares of common stock since March 2017 which shows that BLFR has 33,947,368 shares indicated for its Outstanding Shares (OS):
https://www.otcmarkets.com/otcapi/company/financial-report/385171/content
BLFR stated in PRs that they are going to cancel 18 Million shares from the OS taking it down to 15,947,368 shares and that they are going to reduce the Authorized Shares (AS) down to 250 Million:
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Shares-a-Letter-from-the-Interim-CEO-with-Updates-on-the-Share-Structure?id=419478
Then BLFR recently PR-ed that they have entered into strategic partnership with Eventus Advisory Group, LLC, to get them to the NASDAQ while not a reverse split to meet the $5.00 minimum bid requirement:
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Partners-with-Eventus-Advisory-Group-LLC-to-Work-Towards-NASDAQ-Uplisting?id=419690
Resource Rock Exploration, LLC is a Kayne Anderson portfolio company with a financial commitment from Kayne Anderson Energy Fund VII and Fund VIII for $100 million, respectively:
BLFR**Kayne Anderson is a $33 Billion Company & more with BLFR...
I think the team here with BLFR is a lot more serious than the attention coming from the market right now. From this BLFR PR below, Resource Rock Exploration, LLC is funding BLFR and their Screaming Eagle Partners, LLC operations to increase oil production as part of the six month plan to strategically achieve its vision of no less than 10,000 bbls/day of sustained production of oil by giving them $3 Million for starters to fund BLFR:
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Enters-into-a-Binding-Letter-Agreement-with-Resource-Rock-Exploration-LLC-to-Increase-Oil-P?id=419011
The price of oil per barrel is currently $80.00+ per barrel:
https://oilprice.com/
I suggest all to figure how much in revenues that 10,000 bbls/day will equate to then figure that they are currently tracking initial production of the first 6 wells to be up to 1,200 bbls/day and with an additional 1,800 bbls/day in Q4 2023 from another major acquisition:
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Acquires-Screaming-Eagle-Partners-LLC-a-Cashflow-Positive-Family-Owned-Oil--Gas-Company-in-?id=417926
Screaming Eagle Partners, LLC was just their first acquisition with a much bigger acquisition coming soon as the company has indicated. As of Oct 30, 2023, the company filed a Share Structure Letter from their Transfer Agent (Issuers Direct) indicating that BLFR has not issued any shares of common stock since March 2017 which shows that BLFR has 33,947,368 shares indicated for its Outstanding Shares (OS):
https://www.otcmarkets.com/otcapi/company/financial-report/385171/content
BLFR stated in PRs that they are going to cancel 18 Million shares from the OS taking it down to 15,947,368 shares and that they are going to reduce the Authorized Shares (AS) down to 250 Million:
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Shares-a-Letter-from-the-Interim-CEO-with-Updates-on-the-Share-Structure?id=419478
Then BLFR recently PR-ed that they have entered into strategic partnership with Eventus Advisory Group, LLC, to get them to the NASDAQ while not a reverse split to meet the $5.00 minimum bid requirement:
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Partners-with-Eventus-Advisory-Group-LLC-to-Work-Towards-NASDAQ-Uplisting?id=419690
Resource Rock Exploration, LLC is a Kayne Anderson portfolio company with a financial commitment from Kayne Anderson Energy Fund VII and Fund VIII for $100 million, respectively:
Or maybe it's related to EGYF & its eBox...
Or maybe it's related to EGYF & its eBox:
Maybe it's something related to this with EGYF...
Maybe it's something related to this with EGYF:
Citrati...
I'm still here being a strong believer in EGYF. I like how it is quietly creeping up on no news. I'm guessing that somebody must know something to be coming fairly soon.
v/r
Sterling
lovethatgreen, with that thought...
Not here. No way! I think BLFR will prove to be very serious with what they are saying they will do.
v/r
Sterling
rockie101, with the DEF-14C...
It's nothing more than what I expected. It's basically what was laid out in the PRE-14C. Everything was already cussed and fussed about with its contents within. The DEF-14C was basically a necessary formality to position NHMD to move forward with their operational plans for growth. Now I suspect that they will start to lay things out in 8-Ks, PRs, other filings, etc. very soon. They seem to be moving along expeditiously. I'm fine with waiting for things to continue maturing. I still believe this is going to be very big.
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Sterling
Huge BLFR NASDAQ & Share Cancelation Update...
Huge BLFR NASDAQ & Share Cancelation Update:
Huge BLFR NASDAQ & Share Cancelation Update...
Huge BLFR NASDAQ & Share Cancelation Update:
Huge BLFR NASDAQ & Share Cancelation Update...
Huge BLFR NASDAQ & Share Cancelation Update:
webprods, with this post of yours...
Relax... read what I said about that being my last post on the matter.
v/r
Sterling
Johnny, technically speaking...
I'm not covering for anyone. I have not even read what you are talking about with the attacks on you about you. I was just coming at you from a perspective of how you should not had posted that you were selling NHMD and not expected that someone would attack you. I did exactly what you did years ago in another stock and I was attacked. They thought I had turned into a basher, especially after I told them why I sold that other stock years ago. That was a lesson that I learned from. You seem to not be learning from this lesson that you are experiencing.
Technically speaking, this is something that you should have asked me privately. I could go into quite a few reasons why, but I'm not sure if you would even still listen. If you are not in NHMD, I would just stop posting over here and move on to the next stock that you find or found that you like. It's starts to look childish and it makes both of us look bad. Or you now because I'm not responding to you publicly on the matter anymore. I almost didn't until you doubled down and asked me a second time to do so.
When you sell out of a stock, and plus when you tell the forum about it, you are hoping that the stock go down to justify why you have sold. Think about it. You don't won't to look wrong with the stock doing the opposite of why you sold and go up. The sad part about it is when you publicly post that you are selling for the reasons you did, other people listen to you and get spooked and sell because of the trust you had earned from the forum. Then the stock goes back up after you sold like it did and it starts to look like things just might be real. Then now you have more people even mad at you, to include you being mad at yourself, for selling in the first place.
Look, I like NHMD and now you don't. We won't know who's right or wrong for believing in NHMD until after we see what the company manifests into a reality still going forward. I will continue to exercise patience to give them a chance based on me doing my own DD because I still strongly believe it NHMD and not based what some group of people decide or not decide to do, but that's just me.
v/r
Sterling
HoldEm777, with that BS...
No, what you are saying is BS. I don't know what "crew" you are referring. I don't have a crew. I don't even know who that Bunny guy is that you are referring to. Like I said, nobody should not be attacking anyone... period. But unfortunately, that's not how it goes. I was coming at you from a point of logic to where you in your mind was being truthful, but in the minds of others, they don't know you. They don't really know what your intentions were or are. Even by clogging up the board the board with something like this. Why? People have always had a tendency to defend their stock and themselves. That includes me and you too. You are doing it now.
My thing was if you don't like a stock, sell and move on and leave the people alone that are over there still believing in a stock whether they are right or wrong. I did what you did before and I was attacked just like you for doing it. I was telling you what you should probably do to bring less attention of attacks on you based on my own personal experience. Yes, I was being honest, but that's not how the forum took it in this pother stock. The market will determine who's right or wrong for believing or not over time. I think it's best to leave people alone and move on. It's called respect. Or at least that's what I would have done.
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Sterling
HoldEm777, respectfully, to answer your questions...
I would hope that we see some very good price action here with NHMD this week and going forward into the coming weeks justified by the company filing first the DEF-14C with the SEC and then many more updates shortly after.
You posted your reasons for selling which was more personal than stock related. Yes, you were right. It did drop, but then it made you look like you were wrong because it came back up to close at .002 per share. You should have kept all of that to yourself and just sold and moved on in my opinion. NHMD has been one of the top forums on IHub for most read and most posted. You brought much on yourself of which nobody would not have really ever known that you were gone if you just would have left. It looked like you wanted some attention, so you got it. When you go to any forum in the market and post that you are selling and it's a fair amount of shares, you are likely going to get attacked. In my opinion... Why do that? It doesn't make people think that you are honorable; to some people. Some will think that you have some kind of an agenda. With many of the people here that are pro NHMD, it makes them feel a certain negative way of almost feeling of betrayal by you, especially when you were here posting strongly positive thoughts. Sure you have the right to change your mind about a stock.
And no, it's not ok that you were attacked, but it usually will happen and come with the territory when one does as such. When you are in a room with a lot of people, you will likely encounter a lot of different personalities... good and/or bad.
v/r
Sterling
NHMD OS Remain Unchanged after Past Three Updates...
I think this is a huge indication that any claims of "new" dilution is not factual as the Outstanding Shares (OS) for NHMD has remained at 3,163,024,616 shares as of 10/27/2023. This confirms that the selling volume has been nothing more than retail investors trading and some "legacy debt of old" which can be confirmed by looking at the increase in the "Held at DTC" number that has increased to being nearly maxed out with the "Unrestricted" shares while the OS still remains unchanged for being the same:
https://www.otcmarkets.com/stock/NHMD/security
NHMD OS Remain Unchanged after Past Three Updates...
I think this is a huge indication that any claims of "new" dilution is not factual as the Outstanding Shares (OS) for NHMD has remained at 3,163,024,616 shares as of 10/27/2023. This confirms that the selling volume has been nothing more than retail investors trading and some "legacy debt of old" which can be confirmed by looking at the increase in the "Held at DTC" number that has increased to being nearly maxed out with the "Unrestricted" shares while the OS still remains unchanged for being the same:
https://www.otcmarkets.com/stock/NHMD/security
NHMD OS Remain Unchanged after Past Three Updates...
I think this is a huge indication that any claims of "new" dilution is not factual as the Outstanding Shares (OS) for NHMD has remained at 3,163,024,616 shares as of 10/27/2023. This confirms that the selling volume has been nothing more than retail investors trading and some "legacy debt of old" which can be confirmed by looking at the increase in the "Held at DTC" number that has increased to being nearly maxed out with the "Unrestricted" shares while the OS still remains unchanged for being the same:
https://www.otcmarkets.com/stock/NHMD/security
RickRat, with those VYST thoughts...
That was exactly my point here with VYST. My main point was that all they had to do was do what they have already been doing for years (file their required reports with the SEC) and they would be current.
Now that they are back current as of today, it was at a low of .0003 per share, then it closed yesterday at .003 per share, let's see how it does on their first day of being current, then let's see what kind of substance they are going to bring into it with an OS of 12,942,592 shares:
https://www.otcmarkets.com/stock/VYST/security
v/r
Sterling
RIGATONI, with CDIX...
I averaged down with CDIX. Thanks for the heads-up! I'm a little rusty on what was going on with it. I'll have to shake some cobwebs loose to start learning about it again and their situation. I'm guessing that they just went current for a reason for having some updates with substance coming:
https://www.otcmarkets.com/stock/CDIX/profile
https://www.otcmarkets.com/stock/CDIX/security
There are talks about them canceling the reverse split. That would be great because they have a good share structure.
v/r
Sterling
HoldEm777 (& All), respectfully, only a suggestion...
Only a suggestion, but for me, here with NHMD or any stock that I am in... I do my due diligence (DD) on a stock and if I like the potential it has for growth and gains in comparison to where the price is at, I buy it. I don't care or even get into the shorts or the manipulation or the the groups or the few who decide when a stock is going to move or not. I can't control or worry about those things. Something important to understand.
When you start worrying about those things that you can't control, then those things will control you.
When I buy a stock, I wait for the story or the reason why I bought that stock to mature. If the story or reason changes, then I make a decision to either hold or move on. Like here with NHMD. The story changed for the better in my opinion so I made the decision to continue waiting for the story to mature.
When you get a chance, read this post. I have this post in my signature block and it might help you:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128822531
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Sterling
HoldEm777, here with NHMD...
My sentiments are the same here with NHMD. Busy day for me with some other things. I really have not read many posts for today. I'll try to get caught up later. So far, the company has been doing everything that they said that they would do so I expect to see the DEF-14C on Monday, Oct 30,2023 like they have stated.
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Sterling
trader59, with the NHMD Preferred Shares & the Merger...
First, my apology to you if some of my personal thoughts had come across a little personal and off topic. The topic here within this forum is NHMD so let's keep it like that regardless of how good or bad I am at picking the right or wrong stocks.
Hmmm... let's see what we can agree on. I agree that the Series A Preferred is a little confusing since they did not indicate them being converted into common shares and stated that they only represent voting rights. But right in line with what's filed with the company's Articles of Incorporation within the Colorado Secretary of State (SOS), the company stated... "Each Series A Preferred Share cannot be converted into Common Shares, unless it is approved by the Board of Directors and agreed upon by the Series A Preferred Shareholders"...
https://www.sos.state.co.us/biz/BusinessEntityCriteriaExt.do
(You have to enter only "Nate's Food" within the Search field to pull up the NHMD information.)
NorthPeak22, with your very biased thoughts...
You definitely have a problem with me so let's see if I can help you resolve such. Your thoughts are very biased. You just delivered a post to me making the same big time ad hominem comments to me that you think I have been making to others. If it ain't the pot calling the kettle black. Go back and read your post to me since you have such great people skills. Then go back and read those posts that I have been responding to. Usually I'm humble, but I am human. After a while, if you take a redundant jab at me, then I might take a jab back at you or the person that's giving the jab. Go look at the jabs that came at me before I even threw one jab back.
But wait... Let's both me and you put up or shut up. Let us both and all within the forum keep things on topic here with NHMD. This ain't about me and this ain't about you. This is about NHMD. I will start with myself to work on practicing what I preach in doing so. I will even go back and tailor a post or so and posts going forward to stay on topic. However, I'm going to need you and the rest of those people here that seem to have a problem with me and some others who share similar thoughts to work with me in keeping things on topic. I will try to be a better leader and lead by example for the sake of getting this to a sane level of being able to converse about NHMD without feeling like you are being attacked even if we have to agree to disagree on some things with each other. I think we all have some good in us somewhere down there that can be reached. Let's help each other to tap into that.
v/r
Sterling
doogdilinger, with your NHMD thoughts...
I share your same sentiments regarding NHMD. The impact date is Oct 30, 2023 which is this coming Monday.
So far, they have been above board with keeping shareholders updated. I'm expecting more updates soon!
v/r
Sterling
Huge with the BLFR Production of Oil bbls/day...
They are expecting from their initial production from their first 6 wells is up to 1,200 bbls/day. The Screaming Eagle expects to acquire an additional 1,800 bbls/day in Q4 2023 through the acquisition of another blue chip producing asset in Texas with shale and Austin Chalk producing formations. That's a total of 3,000 bbls/day. The price of oil is currently over $83.00+ per barrel. I suggest all to simply do the math and do the research. All should read in detail below:
https://www.otcmarkets.com/stock/BLFR/news/story?e&id=2662433
My BLFR sentiments are the same as I had previously posted:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173075882
v/r
Sterling
Huge with the BLFR Production of Oil bbls/day...
They are expecting from their initial production from their first 6 wells is up to 1,200 bbls/day. The Screaming Eagle expects to acquire an additional 1,800 bbls/day in Q4 2023 through the acquisition of another blue chip producing asset in Texas with shale and Austin Chalk producing formations. That's a total of 3,000 bbls/day. The price of oil is currently over $83.00+ per barrel. I suggest all to simply do the math and do the research. All should read in detail below:
https://www.otcmarkets.com/stock/BLFR/news/story?e&id=2662433
My BLFR sentiments are the same as I had previously posted:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173075882
v/r
Sterling
Huge with the BLFR Production of Oil bbls/day...
They are expecting from their initial production from their first 6 wells is up to 1,200 bbls/day. The Screaming Eagle expects to acquire an additional 1,800 bbls/day in Q4 2023 through the acquisition of another blue chip producing asset in Texas with shale and Austin Chalk producing formations. That's a total of 3,000 bbls/day. The price of oil is currently over $83.00+ per barrel. I suggest all to simply do the math and do the research. All should read in detail below:
https://www.otcmarkets.com/stock/BLFR/news/story?e&id=2662433
My BLFR sentiments are the same as I had previously posted:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173075882
v/r
Sterling
Same here! Feeling good!
trader59, that's a non-issue with NHMD...
I could explain to you why that is a non-issue, but since you are so smart, I'm sure you already know why. I'm not pumping hard, but you are really bashing hard. I'm delivering facts to debunk your foolish posts to bash and confuse people. You definitely can't be a man of integrity. I've been fighting with you for years now and all you have ever done was be hateful and bash. What a life to be so hateful. Oh, and with my bad calls as you say, do you really want us to do that again here within this forum? Do you remember BRTX? Are you still over there bashing it or have you left yet? You do know that it went from .0005 to .0464 per share or so? You do know that it went to the NASDAQ and is still trading on the NASDAQ and that if you would have bought where I had initially mentioned it, you would still be green? But wait... to you... since it hit some highs and is down from some highs, then somebody loss some money. So, to you... it was all my fault and was a bad experience for all. What you don't get, people will always have good and bad experiences throughout the existence of any stock that trades as long as it trades. That's just the law of the market and has nothing to do with little old me as you and your bashing buddies seem to not get.
Question? Are you and Dino (dinogreeves) brothers? Are you and Dino cousins? Or is it that both of y'all come from the same planet (Planet Ignorant).
First you said that the Series A was a problem, but then I debunked that. Plus you saw where your basher buddy surfkast stated and admitted that the Series Preferred Shares was a non-issue to also correct you and as I had explained to you. Then you and your buddy surfkast stated that it is all of the other Series of Preferred shares that was an issue. Then I debunked that in this post below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173081168
Now you are bringing up a note for approximately $200,000 to be an issue with a company that's bringing in $568 Million in contracts with much more to come. Hmmm... go figure. Like I said. I'll let you try to be genuine to the forum and explain how that is a non-issue.
v/r
Sterling
Important: NHMD Conversions for "ALL" Series of Preferred Shares...
There are no dilution "concerns" as this merger is structured very friendly for NHMD shareholders as I have indicated the details below. The reason why a stock exists to trade is to use their shares as leverage to grow their company. In essence... dilution. However, this is good dilution here with NHMD. This is a great example of a fully reporting penny stock company that files audited financials with the SEC doing what they are supposed to do.
In short, they are merging in $568 Million worth of Revenue through a $268 Million Sugar Contract and a $300 Million Chicken Paws Contract for basically 411,645,000 Common Shares that are in Series B, C, D, and E Preferred Shares right now and will not be converted into common shares until over a year from now as explained courtesy of Strukture:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173077426
Heck, I won't even start to talk about the LNG and energy deals and more that are suspected to likely be coming into NHMD too. Any company on earth within any market would do a deal like this if it was to bring in $568 Million of Revenue. That's $1.37 per share of value to be added from a Market Capital Perspective derived by understanding that if this was a separate company that had such amount of common shares for its Outstanding Shares (OS) with such amount in Revenue as indicated as such from below:
$568,000,000 ÷ 411,645,000 Common Shares = $1.37 Per Share of Additional Value
They also will be issuing 18,000,000 Series A Preferred Shares upon completion of the merger that are not convertible into common shares and only represent voting rights to take control or complete the "Change of Control" over NHMD. The totals are comprised of not including the amount of conversions into common shares under the forward split consideration. I'll explain why later.
The Series A Preferred Stock (a non-issue): https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173079449
The Series B Preferred Stock can be converted into common stock at a ratio of 1:1,000 (which increase to 3,000 after the forward split).
The Series C Preferred Stock can be converted into common stock at a ratio of 1:66 (which increase to 99 after the forward split).
The Series D Preferred Stock can be converted into common stock at a ratio of 1:15 (which increase to 45 as part of the forward split).
The Series E Preferred Stock can be converted into common stock at a ratio of 1:10 (which increase to 30 as part of the forward split).
Total Ownership of Preferred Shares "Currently" for NHMD
1,940,153 Series A Preferred = Only represent 1 to 2,000 votes per each common shares; cannot be converted into common shares
150,000 Series B Preferred = 150,000 x 1,000 Ratio = 150,000,000 Common Shares (450,000,000 increase after forward split)
250,000 Series C Preferred = 250,000 x 66 Ratio = 16,500,000 Common Shares (24,750,000 increase after forward split)
6,350,000 Series D Preferred = 6,350,000 x 15 Ratio = 95,250,000 Common Shares (285,750,000 increase after forward split)
14,989,500 Series E Preferred = 14,989,500 x 10 Ratio = 149,895,000 Common Shares (449,685,000 increase after forward split)
Total Combined Common Shares to be "potentially" added a year after the merger closes:
150,000,000 + 16,500,000 + 95,250,000 + 149,895,000 = 411,645,000 Common Shares
So in essence, again, they are merging in $568 Million worth of Revenue through a $268 Million Sugar Contract and a $300 Million Chicken Paws Contract for basically 411,645,000 Common Shares that are in Series B, C, D, and E Preferred Shares and will not be converted into common shares until over a year from now if they do such. The totals are comprised of not including the amount of conversions into common shares under the forward split consideration. I did not include such shares from the forward split because our shares as shareholders would also benefit to increase our position of shares owned at such ratio as being subjected to any forward split. I only included those common shares that would exist from the conversion of the preferred that we as shareholders would not be subjected to, but would potentially affect the OS. This is a great deal. Tell me what stock on any market (NASDAQ, NYSE, etc.), especially the penny stock market, that would not do this deal that brings $568 Million in value. This deal is huge and is structured very good for us shareholders.
For those who are new to NHMD, here are some posts to read to help with understanding the magnitude of the deal:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173067140
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173067631
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173067587
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173067686
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173070478
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173079449
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173052143
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173028307
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173044427
v/r
Sterling
Important: NHMD Conversions for "ALL" Series of Preferred Shares...
There are no dilution "concerns" as this merger is structured very friendly for NHMD shareholders as I have indicated the details below. The reason why a stock exists to trade is to use their shares as leverage to grow their company. In essence... dilution. However, this is good dilution here with NHMD. This is a great example of a fully reporting penny stock company that files audited financials with the SEC doing what they are supposed to do.
In short, they are merging in $568 Million worth of Revenue through a $268 Million Sugar Contract and a $300 Million Chicken Paws Contract for basically 411,645,000 Common Shares that are in Series B, C, D, and E Preferred Shares right now and will not be converted into common shares until over a year from now as explained courtesy of Strukture:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173077426
Heck, I won't even start to talk about the LNG and energy deals and more that are suspected to likely be coming into NHMD too. Any company on earth within any market would do a deal like this if it was to bring in $568 Million of Revenue. That's $1.37 per share of value to be added from a Market Capital Perspective derived by understanding that if this was a separate company that had such amount of common shares for its Outstanding Shares (OS) with such amount in Revenue as indicated as such from below:
$568,000,000 ÷ 411,645,000 Common Shares = $1.37 Per Share of Additional Value
They also will be issuing 18,000,000 Series A Preferred Shares upon completion of the merger that are not convertible into common shares and only represent voting rights to take control or complete the "Change of Control" over NHMD. The totals are comprised of not including the amount of conversions into common shares under the forward split consideration. I'll explain why later.
The Series A Preferred Stock (a non-issue): https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173079449
The Series B Preferred Stock can be converted into common stock at a ratio of 1:1,000 (which increase to 3,000 after the forward split).
The Series C Preferred Stock can be converted into common stock at a ratio of 1:66 (which increase to 99 after the forward split).
The Series D Preferred Stock can be converted into common stock at a ratio of 1:15 (which increase to 45 as part of the forward split).
The Series E Preferred Stock can be converted into common stock at a ratio of 1:10 (which increase to 30 as part of the forward split).
Total Ownership of Preferred Shares "Currently" for NHMD
1,940,153 Series A Preferred = Only represent 1 to 2,000 votes per each common shares; cannot be converted into common shares
150,000 Series B Preferred = 150,000 x 1,000 Ratio = 150,000,000 Common Shares (450,000,000 increase after forward split)
250,000 Series C Preferred = 250,000 x 66 Ratio = 16,500,000 Common Shares (24,750,000 increase after forward split)
6,350,000 Series D Preferred = 6,350,000 x 15 Ratio = 95,250,000 Common Shares (285,750,000 increase after forward split)
14,989,500 Series E Preferred = 14,989,500 x 10 Ratio = 149,895,000 Common Shares (449,685,000 increase after forward split)
Total Combined Common Shares to be "potentially" added a year after the merger closes:
150,000,000 + 16,500,000 + 95,250,000 + 149,895,000 = 411,645,000 Common Shares
So in essence, again, they are merging in $568 Million worth of Revenue through a $268 Million Sugar Contract and a $300 Million Chicken Paws Contract for basically 411,645,000 Common Shares that are in Series B, C, D, and E Preferred Shares and will not be converted into common shares until over a year from now if they do such. The totals are comprised of not including the amount of conversions into common shares under the forward split consideration. I did not include such shares from the forward split because our shares as shareholders would also benefit to increase our position of shares owned at such ratio as being subjected to any forward split. I only included those common shares that would exist from the conversion of the preferred that we as shareholders would not be subjected to, but would potentially affect the OS. This is a great deal. Tell me what stock on any market (NASDAQ, NYSE, etc.), especially the penny stock market, that would not do this deal that brings $568 Million in value. This deal is huge and is structured very good for us shareholders.
For those who are new to NHMD, here are some posts to read to help with understanding the magnitude of the deal:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173067140
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173067631
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173067587
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173067686
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173070478
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173079449
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173052143
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173028307
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173044427
v/r
Sterling
Important: NHMD Conversions for "ALL" Series of Preferred Shares...
There are no dilution "concerns" as this merger is structured very friendly for NHMD shareholders as I have indicated the details below. The reason why a stock exists to trade is to use their shares as leverage to grow their company. In essence... dilution. However, this is good dilution here with NHMD. This is a great example of a fully reporting penny stock company that files audited financials with the SEC doing what they are supposed to do.
In short, they are merging in $568 Million worth of Revenue through a $268 Million Sugar Contract and a $300 Million Chicken Paws Contract for basically 411,645,000 Common Shares that are in Series B, C, D, and E Preferred Shares right now and will not be converted into common shares until over a year from now as explained courtesy of Strukture:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173077426
Heck, I won't even start to talk about the LNG and energy deals and more that are suspected to likely be coming into NHMD too. Any company on earth within any market would do a deal like this if it was to bring in $568 Million of Revenue. That's $1.37 per share of value to be added from a Market Capital Perspective derived by understanding that if this was a separate company that had such amount of common shares for its Outstanding Shares (OS) with such amount in Revenue as indicated as such from below:
$568,000,000 ÷ 411,645,000 Common Shares = $1.37 Per Share of Additional Value
They also will be issuing 18,000,000 Series A Preferred Shares upon completion of the merger that are not convertible into common shares and only represent voting rights to take control or complete the "Change of Control" over NHMD. The totals are comprised of not including the amount of conversions into common shares under the forward split consideration. I'll explain why later.
The Series A Preferred Stock (a non-issue): https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173079449
The Series B Preferred Stock can be converted into common stock at a ratio of 1:1,000 (which increase to 3,000 after the forward split).
The Series C Preferred Stock can be converted into common stock at a ratio of 1:66 (which increase to 99 after the forward split).
The Series D Preferred Stock can be converted into common stock at a ratio of 1:15 (which increase to 45 as part of the forward split).
The Series E Preferred Stock can be converted into common stock at a ratio of 1:10 (which increase to 30 as part of the forward split).
Total Ownership of Preferred Shares "Currently" for NHMD
1,940,153 Series A Preferred = Only represent 1 to 2,000 votes per each common shares; cannot be converted into common shares
150,000 Series B Preferred = 150,000 x 1,000 Ratio = 150,000,000 Common Shares (450,000,000 increase after forward split)
250,000 Series C Preferred = 250,000 x 66 Ratio = 16,500,000 Common Shares (24,750,000 increase after forward split)
6,350,000 Series D Preferred = 6,350,000 x 15 Ratio = 95,250,000 Common Shares (285,750,000 increase after forward split)
14,989,500 Series E Preferred = 14,989,500 x 10 Ratio = 149,895,000 Common Shares (449,685,000 increase after forward split)
Total Combined Common Shares to be "potentially" added a year after the merger closes:
150,000,000 + 16,500,000 + 95,250,000 + 149,895,000 = 411,645,000 Common Shares
So in essence, again, they are merging in $568 Million worth of Revenue through a $268 Million Sugar Contract and a $300 Million Chicken Paws Contract for basically 411,645,000 Common Shares that are in Series B, C, D, and E Preferred Shares and will not be converted into common shares until over a year from now if they do such. The totals are comprised of not including the amount of conversions into common shares under the forward split consideration. I did not include such shares from the forward split because our shares as shareholders would also benefit to increase our position of shares owned at such ratio as being subjected to any forward split. I only included those common shares that would exist from the conversion of the preferred that we as shareholders would not be subjected to, but would potentially affect the OS. This is a great deal. Tell me what stock on any market (NASDAQ, NYSE, etc.), especially the penny stock market, that would not do this deal that brings $568 Million in value. This deal is huge and is structured very good for us shareholders.
For those who are new to NHMD, here are some posts to read to help with understanding the magnitude of the deal:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173067140
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173067631
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173067587
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173067686
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173070478
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173079449
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173052143
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173028307
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173044427
v/r
Sterling
dinogreeves, with you and your posts...
I went back and read your posts... all I can say is one word... sickening!
I'll be back to make some time to deal with you later since you want to come for me. You should have remained silent with your ignorance. You have been speaking, now everyone knows.
A lot of things I normally just let slide when coming from a basher because their intentions are usually hateful and not as sincere as they think they are. But you, you are not a basher. You just don't have a clue. And plus, you tried to befriend me and you are going to have a few lessons to learn starting very soon. I will deal with you on the other forum first, then I will come back to this forum and deal with you soon enough. You really should have stayed in your lane.
v/r
Sterling
trader59, it explains all classes of the preferred shares too, here's the proof...
They did break down the Series A indicating that they only represent voting rights.
Then they broke down the Series B, Series C, Series D, and Series E Preferred Shares showing how they are broken down into common shares within the PRE-14C filed by NHMD. I disagree. I think you are wrong.
v/r
Sterling
trader59 , not so, here's the deal...
Well, they did change it and the proof is the ratio that they changed the ratio for the Series A Preferred from 1 to 20,000 to the new ratio of 1 to 2,000 and saying that they only have voting rights. I'm sure that it wasn't an accident that they left the conversion part for the Series A out of their most recent filing while showing it for all of the other Series of the Preferred Shares.
Besides, if they had any intention of converting any of their preferred shares to common, they just would have issued common shares and not issued them as preferred shares to covert them to common shares. We are fine here with NHMD.
v/r
Sterling
Oct 2023 filings trump 2017 filings!
Roemp, Huge! The new Series A Preferred Shares Changed!!!...
That is an old document that you have posted as it relates to the preferred shares. Here is the newest version of what "all" of the Series of the Preferred Shares, after the merger, that we should expect to see within the upcoming DEF-14C.
This is huge and very very important to note to make sure everyone understand regarding the Series A Preferred per the most recently filed PRE-14C with the SEC by NHMD:
https://www.otcmarkets.com/filing/html?id=16994480&guid=bo5-kqB4i2YKJth
1st Key Point to Note:
The Series A Preferred "ONLY" has "voting rights" and they "ARE NOT" convertible into common shares. They have no rights to be converted into common shares and only represent votes.
2nd Key Point to Note:
The 1 to 20,000 ratio no longer exists for neither representing voting rights nor being able to be converted into common shares. The new structure for the Series A Preferred Stock has "ONLY" "voting rights" that has been changed to now being equal to 2,000 votes for each 1 share of common stock owned.
v/r
Sterling
surfkast, with the preferred shares conversions...
I'll do the math a later those preferred shares are structured pretty good. I'll explain later when I return. The first thought should be that if they had any plans of converting them into common shares any time soon, they would not had ever issued them as preferred. They would have just issued them as common shares right from the beginning. We are still very good here with NHMD.
v/r
Sterling
RIGATONI, with BLFR & it's true valuation...
I agree that BLFR is a gem! I have not sat down to do the valuation for it in detail, but from doing some quick math, I believe that BLFR is worth somewhere between $1.00+ to $3.00+ per share right now. Anyone wanting to debate this, read the PR below and let's talk about it:
https://www.otcmarkets.com/stock/BLFR/news/story?e&id=2662433
v/r
Sterling
webprods, with that LNG part that you mentioned...
I did dig a little deeper regarding the LNG piece some weeks ago. It's incredibly huge. It blows the valuations that any of us have been posting out of the ocean for NHMD. I felt it better to wait to really get into it to let the first piece with the Food Processing operations get closed first as that part is worth $568 Million right now; $268 Million from the Sugar Contract and the $300 Million from the Chicken Paws contract. I think investors truly have no idea of what's coming and what is being built in my opinion!
v/r
Sterling