Nate's Food Company (NHMD)

[Games-Ludus]

I'm sure it's not the "$3 million non-dilutive financing" that Nate's lied about because if they had that, they wouldn't be borrowing from toxic loan sharks, diluting the stock in the process.

Nate's apparent strategy, from the beginning, has been to make up lies about things that were never going to happen and then hope no one remembers the lies.

Nate's said that they had $3 mil in financing--lie. Nate's said that they were going to pay a cash dividend for every can sold--lie. Instead, they split the stock 2 for 1 and called it a "dividend." They said they had a deal to sell product in China--lie. They can't even find a deal to sell product here. They said they were building a factory in Indiana--gross lie. They talk about producing hundreds of millions of cans and they can't even get a purchase order to sell one can--lie. They said that they were going to open kiosks in malls to sell product--lie. The company is chronically lying to shareholders. It is really pathetic.

They said selling their product to big box wasn't profitable--true, which is true, but they can't even get a purchase order for a product they would lose money on.

There is no future for a company that lies to everyone.