Nate's Food Company (NHMD)

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8k out..
http://ih.advfn.com/p.php?pid=nmona&article=65602959&xref=newsalert

Current Report Filing (8-k)

Date :02/24/2015 @ 6:07AMSource


Item 7.01 Regulation FD Disclosure

The Company has received questions and the Company felt it was better to answer the questions through an 8-K instead emailing the individuals directly.

 

Q.1.  How are the meeting with stores progressing?


A.1. The Company has had very successful meetings with retailers and big box stores.  The Company is continuing these discussions and exploring which of these retailers would be the best partner to initially launch the retail product through, as well as support The Company’s long term business goals. The Company’s discussions have included national brands Costco, Target, Kroger and other regional brands.

 

Q.2.  What is the timetable for the equipment to be installed?


A.2. The Company is expecting the equipment purchased by SouthCorp to be fully installed between April 5th and 22nd (which is 8-10 weeks from February 11 when the equipment was purchased).  The Company’s goal is to begin having parts installed in the coming weeks to begin production; however, the equipment is being manufactured for our needs and as such don’t want to affect the quality of the equipment.

 

Q.3.  Why did the Company decided to move its production to Fairfield?

 
A.3. The Company decided to move its manufacturing to Fairfield from its co-packer in Los Angeles based on the discussions with the co-packer and the desire to have more control and flexibility over the actual manufacturing process.  The decision was made that since any purchase order would have an expected lead time of 90 days that this represented the perfect time to make the transition without any impact on the Company’s ability to deliver product.