Nate's Food Company (NHMD)

[Lyons2112]

This is what we all waiting for....
10-Jul-2015

Q.2. What is the current status of sales to grocery and box stores?
A.2. The Company previously stated that it has been working on lowering the cost to produce for grocery retail. As part of this effort, the Company is currently negotiating with 4 groups to fund and manage the sales and marketing of the Nate's Homemade product line. These discussions initially focused on international markets; however, these groups wanted to include the domestic market because of the size of the market. As such, the Company has included in these discussions distribution and sales within the domestic market with these groups. These groups have the capacity to acquire large quantities of the required raw materials thereby reducing the cost to produce each can. The advantage for the Company would be that these groups would pay for the costs to produce, market and sell the product and pay the Company a fee for each can sold. The groups range from private equity firms to large established food companies.

Q.3. What is the status of Branded Retail Stores?
A.3. The Company's distributor has executed a lease for a location and has paid the required upfront fees. However, the Company's factory has not completed the necessary audits to allow the distributor to obtain the health department permits required to set up a physical location to sell product. The Company has been told that these will be completed as soon as possible. The Company's distributor had hoped to open the location in July but will not be able to until the audits are complete.

http://otcshortreport.com/index.php?index=nhmd&action=view#.VbVBUtDZWG2

No one is buying into the dilution claims; they should let that one go!