Nate's Food Company (NHMD)

[Jandrsn21]

This is the second time I've seen someone say that the company is not diluting! Please people do your own dd before investing!

Per the 10Q

As of February 28, 2015, the Company had $1,328 in cash and a total of $1,328 in assets. In management's opinion, the Company's cash position is insufficient to maintain its operations at the current level for the next 12 months. Any expansion may cause the Company to require additional capital until such expansion began generating revenue. It is anticipated that the raise of additional funds will principally be through the sales of our securities. As of the date of this report, additional funding has not been secured and no assurance may be given that we will be able to raise additional funds.

Also from the 10Q

Weighted average number of shares outstanding, basic and diluted


66,514,286 Three months ended February 28th, 2015

From their website!

Share Structure

(as of May 14, 2015)

Authorized: 300,000,000

Common Shares Outstanding: 77,250,000

So you see since February 28th to today the company has already issued nearly 11 million shares(a near 17% increase). From their own 10q they anticipate the need to further dilute to provide funds for their own growth until revenue from the products is sufficient enough to provide the capital they need. When will that day come? My guess is several months, until that day comes expect dilution.