Nate's Food Company (NHMD)

[stervc]

MrNormall, with these NHMD debt resolution thoughts...

This is very important to make sure investors know that this is further confirmation that the $268 Million deal via NHMD merger with JP Energy Group. Inc. is definitely happening in my opinion. I think the company will release something more finite to confirm such and more eliminating dilution concerns in the upcoming filing this week. With that SC-15G filed with the SEC back on June 20, 2023, those 225,302,464 shares were issued to AW Finance Group, Inc. based on a 9.9% distribution of the Outstanding Shares (OS) being 2,253,024,646 shares as of April 20, 2023 to cover the remaining debt in my opinion as indicated below:

https://www.sec.gov/Archives/edgar/data/1409446/000147793223004660/nhmd_sc13g.htm
FOOTNOTES

* Reporting Person AW Finance Group, Inc. (“AW Finance Group”) has rights to convert a Promissory Note into shares of the Issuer’s common stock which, except for a contractual 9.99% cap on the amount of outstanding shares that AW Finance Group may own, would exceed the cap. Thus, the number of shares of the Issuer’s common stock beneficially owned by AW Finance Group as of the date of this filing was 225,302,464 shares, which is 9.99% of the Issuer’s 2,253,024,646 shares that were outstanding as April 17, 2023 (as reported in the Issuer’s Form 10-Q,filed April 20, 2023).

What they did was renew the agreement within the SC-15G filed above to close out the remaining debt to position NHMD for the merger with JP Energy Group. So what they did was take roughly 9.9% of the OS at such time for the purposes of closing out of the merger of which at such time was 2,883,024,616 shares. This is where the 280,000,000 shares, newly added to the OS on OTC Markets as of Oct 13, 2023, took the OS to the total amount of 3,163,024,616 shares to be exact.

I agree, as you have stated, there are no other issuances listed with the SEC. So we are clear IMHO. This is why NHMD tweeted last week this below with the PRE-14C coming this week and the DEF-14C coming 10 days later:

Exciting news for NHMD shareholders! The reverse merger with JP Energy is moving full steam ahead. We'll be filing the Pre14C next week, followed by the DEF14C 10 days later. Once the DEF14C is filed, we're on track to close the acquisition. Stay tuned for more updates $NHMD

— Nate's Food Co. (OTC:NHMD) (@natesfoodco) October 12, 2023

Our team has received official confirmation that the food contracts from JP Energy Partners are now in the capable hands of JP Energy Group, a crucial step towards finalizing the acquisition.$NHMD pic.twitter.com/iCMroIhe2V

— Nate's Food Co. (OTC:NHMD) (@natesfoodco) October 13, 2023

v/r
Sterling