Nate's Food Company (NHMD)

[The PoPo]

8-K Out

Item 8.01 Other Events

(1)
The Company’s online distributor has launched its website and products will be available for purchase beginning next week. The website is www.nateshomemadestore.com. The distributor is currently working on filing commercials for www.nateshomemadestore.com.

(2)
The Company has hired an internal sales broker to manage the national and international sales channels. As such, the company has terminated one of its broker relationships to consolidate the sales efforts.

(3)
In December 2014, the Company agreed to buy back approximately 22,797,000 shares of Common Stock. With the intent that the shares would be cancelled. The majority of terms had been agreed to including purchase price and term of payment. However, the Company requested that the repurchase be agreed to by the common shareholders at a shareholder meeting. The shares that were to be repurchased are from affiliates of the Company that acquired their shares prior to the reverse merger with Nate’s Food. The Company believes that since the shareholders are deemed affiliates that the transaction should be approved by a majority of the common shareholders. However, the affiliate shareholders of the shares to be repurchased objected to the inclusion of shareholder approval as a condition of the repurchase. As such, the agreement to repurchase the affiliate shares has been terminated.