Nate's Food Company (NHMD)

[DrContango]

Yes musn't forget the plant in Indiana. You know, the old white Agway building that looked like it was condemned.

Just remember that this fine facility is part of the Wade/Billington elegant real-estate portfolio DBA SouthScam Capital:



and the source of Nate’s most tremendous sales coup ever of $30000 other than the 3 million cans to China:

During the Fiscal Year ended April 30, 2015, the Company lent $7,013 to 1PM Industries, Inc in which repayments of $995 were made back to the Company. The total amount due from related party is $6,018 as of April 30, 2015. The loan is at 0% interest and is to be repaid by December 31, 2015.

During the Fiscal Year ended April 30, 2015, the Company lent $25,536 to Nate’s Food Company. The loan is at 0% interest and is to be repaid by December 31, 2015.

During the Fiscal Year ended April 30, 2015, the Company purchased product from Nate’s Food Company. The Company booked a prepaid expense of $30,000 related to this purchase.

At April 30, 2015, the property located at 163 Behring Street, Berne, IN is being held under the entity named MLB Ventures. MLB Ventures is owned by Matt Billington.

This STHC 10K is quite interesting (warning: for entertainment value only).
https://www.sec.gov/Archives/edgar/data/1000955/000147793215005738/sthc_10k.htm

And do I spy a For Sale sign? And has the bottling equipment been fully depreciated yet? And how many years forward will Nates’ COGS (that is, if there are ANY sales) remain zero???



But, hey, NATE’S GOT THIS!!!


Doc