Nate's Food Company (NHMD)

[Lottalead]

It’s incredible that so many can’t see what has been laid out before them.
Credibility has been achieved and it’s undeniable.
All revealed appropriately , transparently with filings with the SEC.
9 more days…

I wonder when they share that the SBLC from the Bank has been finalized..
There is plenty of confusion by folks who think that JPE has to “finance” the contract amount. They do not. The SBLC is more of an insurance policy that guarantees creditworthiness of a company….


What Is a Standby Letter of Credit (SLOC)?
A standby letter of credit (SLOC) is a legal document that guarantees a bank's commitment of payment to a seller in the event that the buyer–or the bank's client–defaults on the agreement. A standby letter of credit helps facilitate international trade between companies that don't know each other and have different laws and regulations. Although the buyer is certain to receive the goods and the seller certain to receive payment, a SLOC doesn't guarantee the buyer will be happy with the goods. A standby letter of credit can also be abbreviated SBLC.
1

How a Standby Letter of Credit Works
A SLOC is most often sought by a business to help it obtain a contract. The contract is a "standby" agreement because the bank will have to pay only in a worst-case scenario. Although an SBLC guarantees payment to a seller, the agreement must be followed exactly. For example, a delay in shipping or a misspelling a company's name can lead to the bank refusing to make the payment.

https://www.investopedia.com/terms/s/standbyletterofcredit.asp

Now that the pre 14C is out, I wonder how long before the company shares Attachment A…
I wonder what surprises will be revealed then…
I think it comes Very soon.