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Tuesday, February 10, 2015 11:06:48 PM
http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=263832271
If the stock price doesn't appreciate they get little or nothing for all of their efforts. Now that's what I can an incentive program. They own stock and that's how they will make money down the road. The product is real and it's great! Those that buy now, will reap the rewards when the products start hitting the shelves. Joseph Wade is throwing all of the resources he has at NHMD. They currently, have production capacity for 4.5 million cans. They have plans to triple that number. The factory in Indiana will be capable of producing up to 100 million cans per year. Nate has already talked to General Mills. I'm thinking this will be a buout in a couple of years.
Nate’s Food Co. Announces It Has Broken Ground On New Facility to Triple Current Production Capacity
http://finance.yahoo.com/news/nate-food-co-announces-broken-130000470.html
If (when) they reach that volume of sales (15 million can per year), revenue would be approximately $50 Million. Wade is targeting profit margins of 8-10 percent. Ergo, net profit of 4-$5 million That should put us over $1 per share easy!
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