Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
re:
The JV extension resulted from our robust partnership with key partners and by verbal orders received. We've asked our other buyers to wait on submitting written POs until our initial deal wraps up - allowing us to fine-tune processes and tackle any hiccups head-on.
$NHMD
This is just an explanation of why the agreement with the JV was extended to 10 Yrs. Multiple buyers line up?
Unless you are a diehard basher who loves to spin the crap out of every posting, this is a good thing. I does not indicate the Fuel deal not being real or falling thru or any of that BS.
Good luck to all.
duly noted. something about higher math...lol
10X. not 1/10th
You should never allow logic to ruin a perfectly good argument! LOL
You may be right. I fully understand and appreciate the risk involved and make my choices accordingly.
It is possible, also, that you might be wrong. I am willing to take that chance. Just like any other chance taken here in OTC land.
OTC is high risk... with potential high reward if you are right.
I am not betting the farm... I only risk what I can afford to lose.
Hell, over the years I have spent a whole lot more on beer and sports cars!
Sometimes past is prologue... sometimes it isn't. only time, and a little faith will tell.
Correct me if I am wrong, but if I understand this correctly...
by reducing the AS to 4B, there is now no longer room in the AS to allow any conversion of preferred shares, or convertible debt per se.
if so than this is a gesture by Nate telling that he intends to eliminate the convertible debt with proceeds from the sale of jet fuel...as he stated.
It is this level of transparency and communication that is most desired, and IMO rare.
I know there are a lot of bashers and naysayers out there, claiming that this is a big scam, citing past failures. etc.
If this is a scam, than IMO this has to be one of the most elaborately detailed one ever. LOL
I have been burned by others before, but never by one that was as transparent and detailed in their comms. I am not buying the basher BS. If I end up being wrong, so be it. I am a grown man, I can handle it.
That said, I am very bullish on this (sitting on 4M) and hope that everyone else holding shares does well. GLTA.
It is Nate's intention to eliminate the convertible notes (i.e. preferred shares that could be converted to common shares, hence the need for a larger AS)
No convertible notes, no dilution. no need for large AS.
He also states that once convertible notes eliminated, it is their intention (i.e. descussions) regarding buyback, that would reduce the OS, driving up the PPS.
all good!
Running some quick numbers...
Barrels per month Cost per Barrel: Total per Month
8,000,000 $110.14 $881,120,000.00
% Fee Net Income per Month Net Income Per Year
5.00% $44,056,000 $528,672,000
Current Market Cap PPS New Market Cap Estimated PPS:
$2,600,000 0.0008 $531,272,000.00 $0.16
I have no idea what the transaction feed for NHMD would be. I may be way off. but this is very nice ballpark!
In the immortal words of Rodney King...
"Can't we all just...Get along?"
There are two accounts on X for Nate's Food Co.
@natesfoodco
natesfoodco.com
joined September 2021
and
@Nateesfoodco
natesfoodco.com
joined November 2022
Two separate accounts but the same company.
yes... by the seller! In other words...
payment for the first shipment. We should see an invoice shortly...
Added 1.09M yesterday.
@ .0011.
Now sitting on 3.71M
This could get real interesting real fast!
Unless the patent gets released on Tuesday.
"...for a bunch of shares today I will gladly give you a patent on Tuesday.."
(to paraphrase Wimpy from Popeye. LOL)
Are you suggesting that there are persons in here posting for nefarious reasons?
Oh... I'm Stunned! Oh, the humanity!
To take it one step further, once you've donned you brand new pants, there is nothing to prevent you from adding other "items" you own to your other empty pockets...Phone, keys, glasses, etc.
Once you've established the publicly traded company, it is much easier, and there is nothing to prevent you from rolling your private companies into the public one.
Kind of like taking your wallet out of one pair of pants and putting it in another.
The same person owns both pairs of pants.
For those of you who left to jump on the NHMD bandwagon, ...please come back...LOL
I just don't get it.
Why would anyone holding this stock dump it at the last minute before the 8K is released?
If you have such little faith and are scared the 8K might not be as good as expected, then why are you here in the first place?
SMH.
Just knowing that the deal is complete should lead to FOMO kicking in....
There appears to be some serious misconceptions being posted about timelines and what to expect.
It also appears to be deliberate in some posts, uncertainty and/or ignorance in other.
The way I understand it:
The Pre14c was notification of proposed merger.
The DEF14c was confirmation that the merger was APPROVED to go forward
The actual merger is to take place on or before November 15:
which would imply...
The 8K would be on or before November 19.
A lot of posters are expecting an 8K confirmation on Friday, thinking the DEF14c was confirmation of a completed merger.
I do not think this will occur.
The company has been very good at keeping us posted on developments. I believe there will be a press release when the merger has been finalized, followed by an 8K within 4 days as required.
If I am wrong, please enlighten me. with facts/evidence, not BS.
Good morning to all and good luck.
It's been a crazy week. a lot of vitriol and banter back and forth.
Still believing the DD and bought on the dip.
The next 2 milestones:
DEV14c on Monday - clears the way for completion of the merger.
8k on Friday - Provides confirmation and details of the completed merger.
I expect the PPS to spike today in anticipation of the DEV14c on Monday.
Again on Monday once it is filed.
followed by a dip - probably the last one before Friday. I'm sure the bashers will be out in full force.
Once the 8k is released next Friday (must be filed within 4 days of the merger) this will take off.
No ill will to anyone. It has been a wild ride. GLTA.
Schwab has Pre-Market at .0025
Just curious. How many potential millionaires are in here....
I myself am sitting on 2.87M
I hope there are a bunch of us.... GLTA
You are such a killjoy!!!
Why would you allow such obvious and indisputable facts ruin a perfectly good argument?
And then you have audacity to produce them! What were you thinking!!!!
LOL!!!!
got my last 800K at .0017. now sitting at 2.824M.
Love where this is headed...
Here's hoping FOMO kicks in...
I have been watching this for a little bit... Best one I have seen in a while. 1B buyback sold me.
I sold a bunch of unperforming ones to load up on this one! (May not be the wisest thing to do, ...but you only live once!)
Just ran out of powder... sitting on 2.25M. Good luck to all.
Just the RUMOR of this could make it fly!
Today is National Coffee Day.....
"I Can't Get No...
Satisfaction"
LOL
No offense intended. I have been following this board for some time, but compared to others I am certainly new to the game. I also certainly do not have as much at stake as some of you, (i do have enough to be considered "life changing")
That said, I noticed that there has been a lot of wild speculation and somewhat intense rhetoric back and forth that has only escalated with the scarcity of information regarding the "settlement". I just think we all need to lighten up a bit and not stress so much about details we have no control over.
I certainly don't know enough about the details and the history discussed to express an informed opinion regarding the issues previous or in front of us.
What I will say is that i have seen and heard enough to firmly believe (my own opinion, of course)...
That we are sitting on a gold mine.
I sincerely hope that everyone here is hugely successful with whatever transpires...I for one will be sitting by the pool with a scotch in hand when this thing breaks. GLTA.
lol!!
"fiddy" would slap my ass into retirement real quick!
Possibly cleaning up pending issues as part of the Amazon settlement...
I'll take $50...
.08 today?
would be a nice place to start on Tuesday!
i totally get what you are saying and totally understand the reactions. All I'm saying is there may be a alternative legit reason for the sudden flood of reports. If it was 1 report,,,
I'm just a glass-half-full kinda guy.
Looking at OTCMarkets, there are quite a few File 4 reports posted between 5/19/23 thru 5/23/23 for transactions dating back to 2020. What are OTCQB requirements for filing form 4s? (all other reports appear timely) Looks to me they are trying to get current quickly...
I'm not saying i know the ending. This whole thing could blow up and we would be back in the courts. That said, I still think we end up in the same place, but it would take longer.
Anyway, hoping this works out for one and all. Enjoy your holiday weekend!
All that does matter is the end results. Not interested in style points or how we get there....
There you go...
Letting the FACTS destroy a perfectly good argument!
My $.02
40000 ft view of events leading up to and including this past week:
AS raised to 5B
Price to exercise warrants and options made significantly more attractive.
and the kicker....
numerous reports all dumped at once...
Now there are those that have been floating the idea of "insider trading" which, IMO is patently ridiculous. Why would a husband and wife team that have been fighting this battle for over 10 years, do something that that would torpedo the PPS at the eleventh hour? Unless they had to.
Which begs the question...why? Yes, Barbs sold a bunch of shares...but according to the reports, she has been doing this on a regular basis.
This make sense since they have no operating revenue stream. Still gotta pay the lawyers.
But why all the reports, that should have been produced for each transaction, showing up all at once? To get current with SEC reporting.
Would this be necessary if the settlement was just damages + licensing fees? I don't thing so.
It WOULD be necessary if the entity you were settling with required you to be SEC current with all the "i's" dotted and the "t's" crossed...To me it would appear that a buyout or merger was in progress. Especially if the buying entity wanted to purchase ALL of the patents in question in such a clear cut fashion that when they approached the other infringers concerning licensing fees, their claims would be indisputable.
I have no idea and will not speculate what the value of such a buyout would mean, but based in the fact that they stayed the courtroom proceedings for 45 days, and stated that they had an agreement in principle to settle all matters before the court (paraphrasing - world to that effect) and considering what the expected value of the patents would be, I don't think it is unrealistic to expect that the settlement would be substantial.
It may not be life changing for everyone, but for those who hold significant shares (I'm sitting on 82K - which is FAR less than some of you here)...
Absolutely!