Tuesday, August 02, 2022 1:26:31 PM
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.
Item 8.01 Other Events
On December 8, 2016, the Company met with the senior buyer for Bristol Farms grocery stores. Our meeting was very successful, and we can announce that Bristol Farms will become our 1 st retail grocery store customer. Bristol Farms is an independent grocery store chain in California focused on marketing to an affluent customer base. The Company has provided Bristol Farms everything required to complete the vendor certification process over the next 30 days. The buyer is preparing purchase orders for delivery of Nate’s Homemade Pancake and Waffle Batter to begin after February 1, 2017. The Company is currently setting up a schedule for in-store demonstrations at Bristol Farms stores in order to introduce customers to the great taste, convenience and simplicity of our product. The Company is confident that our relationship with Bristol Farms will open doors with other grocery chains and contribute significantly to the Companies growth during 2017.
OOPS better not use the following
Item 8.01 Other Events
On February 7, the Company was notified by Bristol Farms that they will not be placing an order for product at this time.
Item 8.01 Other Events
On December 21, 2017, the Company entered into an agreement with two Consulting groups who will be working together on behalf of the Company, expanding our presence in the retail food industry. The Consultants will be providing sales, marketing, distribution, logistics and financial management advice and assistance. Since the beginning of the year, the Consultants have commenced meetings with retailers and established relationships with brokers and product fulfillment centers in order to improve the efficiency of our online sales through the Company’s website. The Consultants are also building out the Company’s online presence through social media to increase online sales.
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