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Re: DrContango post# 41145

Monday, 02/15/2016 10:05:14 AM

Monday, February 15, 2016 10:05:14 AM

Post# of 98620
So David Cultler sold the this shell to Wade who sold it to NHMD? The same David that sold the pancake insulation rights? Were those arms length transactions?
Was David the one selling his shares? That would explain why the A/S was stable for so long.
Reverse Merger

On June 5, 2014, the Company executed a reverse merger with Embarr Farms, Inc. On June 5, 2014, the Company entered into an Agreement whereby the Company acquired 100% of Embarr Farms, Inc, in exchange for 50,662 shares of Common Stock and 3,373,700 shares of Series F Super Voting Preferred Stock of the Company. As part of the reverse merger, WB Partners purchased majority control from David Cutler (who was the majority owner immediately prior to the reverse merger) and were issued 30,662 at the closing of the merger with the remaining 20,000 shares of common stock issued in February 2015.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10614175


Nate’s Foods Co. (“we”, “us”, “our”, the "Company" or the "Registrant") was incorporated in the State of Colorado on January 12, 2000. Nate’s Foods Co. is domiciled in the state of Colorado, and its corporate headquarters are located in Huntington Beach, California. The Company selected May 31 as its fiscal year end. On May 19, 2014, the Company completed a reverse merger between with Nate’s Pancakes, Inc., an Indiana Company. Nate’s Pancakes was the surviving Company. In May 2014, the Company changed its name from Capital Resource Alliance to Nate’s Foods Co.

Nate Steck and Marc Kassof purchased majority control of the Company from David Cutler as part of the reverse merger. Prior to the reverse merger, there were 61,200,000 common shares outstanding and 1,940,103 shares of Series A Preferred Stock. Nate Steck and Marc Kassof purchased the outstanding shares of the Series A Preferred Stock from David Cutler. The merger between the Company and Nate’s Pancakes was finalized and closed contemptuously with the share purchase. As part of this share purchase, Mr. Kassof and Mr. Steck become the officers and directors of the Company. Nate’s Pancakes was acquired through the issuance of 148,155 Series B Preferred Stock.


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10236944



Anything said by me is strictly my opinion and is subject to change without notice. I am not a financial planner or advisor.

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