Nate's Food Company (NHMD)

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True. Time to just walk away and forget about it.
When one least expects news, News shows up.


Item 8.01 Other Events

On August 23, 2016, Nate's Food Co. reported that the Company had entered in to an arrangement with one of California's largest aerosol producers to begin production of Nate's Homemade Pancake and Waffle Batter. This will enable the Company to increase our marketing to regional grocery chains during the 4th Quarter of 2016 and begin sales during the 1st Quarter of 2017. This is the same company that acted as the co-packer for Nate Steck's earlier product "Batter Blaster", and they have retained their interest in working with Nate since that time. They have had repeated requests from grocery retailers regarding the availability of Batter Blaster, which motivated them to contact Nate regarding resumption of the relationship. Their experience with Batter Blaster will prove invaluable in providing lower costs of production, as well as assisting in distribution during this period of growth for Nate's Food Co. Preliminary testing is completed and small batch production has now begun, with increased production capability to begin by year end 2016, assuring the Company that inventory will be sufficient to meet anticipated demand in the 1 st Quarter, 2017. The Company expects that this agreement will augment and enhance our ongoing development and production activities with ABCO in Northern California.