Nate's Food Company (NHMD)

[Strukture]

SBLC-Finalized by Purchasers Bank&Received & Verbal Approval for JP Energy Group 3 weeks ago From Chase Manhattan as per 8K filed with the SEC - 2-4 weeks to finalize the paperwork with CHASE Manhattan Bank .. hmm 4 weeks is in a week from this Tuesday PAPERWORK is likely already signed & finalized .


THIS BASHERS DD needs work -

Roemp
Re: Strukture post# 87314
Sunday, October 22, 2023 1:20:52 PM

How was this approved: Last 8k says
It is vital to note that, as of the present date, two key points are worth mentioning. First, no shipments have occurred under this contract due to JP Energy Group's ongoing efforts to secure the necessary financing for contract execution. Second, we currently lack specific information regarding the timing or certainty of JP Energy's ability to secure the required financial arrangements for these contracts.

We should emphasize that our knowledge is limited to the information provided to us by JP Energy, and thus, we are unable to offer a specific timeline or guarantee regarding when JP Energy will successfully secure the necessary financial arrangements. It is important to highlight that shipments under the disclosed chicken and sugar contract cannot begin until JP Energy has finalized and obtained the essential standby letter of credit from a bank.