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Re: Hercules1 post# 87893

Monday, 10/23/2023 6:49:52 PM

Monday, October 23, 2023 6:49:52 PM

Post# of 98535
Pure Bullshit. Read the filings going back to the inception of NHMD! Here is but a tiny sample of years of lies.

Nate’s Food Co. Announces It has Begun Discussions For Grocery Placement of Nate’s Pancakes For Up to 4.5 Million Cans per year

Los Angeles, California, October 20, 2014 – Nate’s Food Co, Inc. (OTC: NHMD) announced today that it has begun discussions to have Nate’s Pancakes sold in grocery stores. Nate’s Pancakes make ready-to-use, pre-mixed pancake and waffle batter delivered in a pressurized can. Our pre-made batter makes light and airy pancakes or waffles that are fun for the entire family to make together, and are a great way to start your day.

Item 7.01 Regulation FD Disclosure



The Company has received a question and the Company felt it was better to answer the questions through an 8-K instead emailing the individuals directly.



Q1. I thought the company was foregoing online sales through the company website?



A1. The Company is selling a limited production run of its products before it becomes available in the stores. The Company made the decision to sell this limited production run so those individuals who wanted to try the product prior to our grocery store roll-out would have that opportunity. Additionally, the Company will sell a limited production of each new product as they become available prior to those products being sold in stores. For example, the Company is working towards launching a new flavor of its pancake and waffle mix in January 2015.




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SIGNATURE



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



Nate’s Food Co.

Dated: November 6, 2014 By: /s/ Nate Steck
Name: Nate Steck
Title: CEO




Item 8.01 Other Events



The Company has agreed to acquire a rotary piston filling can line. The new line will be capable of producing between 8,000,000 and 10,000,000 cans per year and will be installed at the Company’s factory in Fairfield, California within the next 10-12 weeks. The Company has begun moving its production from its Los Angeles co-packer to its factory line in Fairfield. The Company expected the transition to take 12 months but on January 31, 2015, the Company agreed to compete the process in the next 3-4 months. The benefits of moving production from Los Angeles to Fairfield include control over the production line and equipment, a 300% increase in production space, additional storage for raw materials, reduction in freight expenses and an increase in the quality control of the product. The line cost approximately $400,000 and is being financed by WB Partners.




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SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.





Nate’s Food Co.

Dated: February 3, 2015 By: /s/ Nate Steck
Name: Nate Steck
Title: CEO
Item 8.01 Other Events



(1) On June 23, 2015, the Company provided an update stating that the Company's goal was to have its Phase 3 completed by the factory by the end of the 4th quarter 2015. The Company and the factory are on track for Phase 3 to be completed by the end of the 4th quarter of 2015. Once the Company's Phase 3 has been completed at the factory it will be able to begin producing product for retail clients.
(2) The Company's factory is currently preparing a new room for the Company's equipment with the goal of obtaining a certification to a GFSI recognized standard. This is Phase 4 of the Company's transition to ABCO. The goal is once the GFSI standard has been meet then each store would not have to perform their own individual audit at the factory. Currently, the Company expects the GFSI audits to be completed within 6-9 months. Although, the factory's decision of obtaining a certification to a GFSI recognized standard slows the process down it provides a better long term solution for the Company since once the standard has been meet then the Company's retailers would not need to perform their own audits at the factory.
(3) The Company has been working with a sales and marketing consultant that for the past 2 months that has been leading the discussions regarding funding and managing the sales and marketing of the Nate's Homemade product line. The consultant has prepared a detailed presentation to begin to narrow the focus on the terms of the deal between the parties.
(4) As part of the on-going discussions to lower the cost to produce product and in conjunction with the discussions our sales and marketing consultant has had, the Company has begun looking at changing the can from the current nitrogen gassed piston can to a CO2 top gassed can. The change to the CO2 top gassed can would reduce the cost of the can by almost 70%.
(5) On July 24, 2015, the Company received financing in the amount of $80,000 from TypenexCo-Investment, LLC. The $80,000 bears an 8% interest and matures in ten months. The holder shall be entitled to convert any portion of the outstanding and unpaid conversion amount in to fully paid and non-assessable shares of Common Stock. Conversion price is 65% of the lowest trade occurring during the 20 consecutive trading days immediately preceding the conversion date. The Company will make automatic installment payments beginning 180 days from closing (which occurred July 24, 2015) and continuing in equal installments for the next 3 months (for a total of 4 payments) or until the balance is paid in full. If the installment payments are paid in stock of the company the conversion price will be 55% of the average of the three lowest closing bid prices for the 15 previous consecutive trading days prior to the payment date. The Company may prepay the note at any time at an amount equal to 120% of the outstanding principal and the accrued and unpaid interest.



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Item 8.01 Other Events

(1 ) October 30, 2015 ABCO informed the Company that production has started on filling the order of August 19, 2015. On August 19, 2015, the Company placed a production purchase order with our co-packer ABCO to fill 2,500 cans. After the initial production runs of 2,500 cans are completed, the production process will be reviewed in order to improve the efficiency of the manufacturing process and to ensure quality control is consistent and wholly adequate to meet the demands of large scale production.

(2) On October 30, 2015, the Company stopped selling product online through One PM. While the online sales provided valuable information regarding consumer interests in our product, it has always been the plan of the Company to focus primarily on sales and distribution through retail channels. The Company may determine that there is continuing demand for online sales and may resume such sales in 2016 .

(3) On November 5, 2015, the Company received financing in the amount of $55,500 from Fourth Man, LLC. The $55,000 bears 10% interest and matures in nine months. The holder shall be entitled to convert any portion of the outstanding and unpaid conversion amount in to fully paid and non-assessable shares of Common Stock. Conversion price is 53% of the lowest trade occurring during the 15 consecutive trading days immediately preceding the conversion date. The Company may prepay the note at any time upon 7 days written notice, at an amount equal to 150% of the outstanding principal and the accrued interest.


Item 8.01 Other Events

1.
MBC Aerosol, the manufacturer of the Company’s production line at ABCO Labs, has sent out several specialists to fine tune the equipment and provide final training for the ABCO employees who will be operating the production line for the Company. The personnel from MBC will ensure that all of the equipment upgrades and associated modifications are properly installed and working according to specification. Nate Steck and Marc Kassoff will be at ABCO Labs to observe and review all production testing and the initial production runs using the small size sample cans provided by CCL Container, the manufacturer of the Company’s cans.

2. The Company has received word from CCL Container that the finished cans with the pre-printed labels are ready to ship upon the Company’s final approval of the label. By printing the labels directly on the can the Company is able to save a significant labor cost required to apply the slip-on used on the former cans, as well as reducing the costs of the slip on labels themselves. The artwork and labels have already been approved by the Company, but no pre-printed sample cans have yet been approved. CCL is sending the pre-printed sample cans and the Company expects to have them approved quickly.


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: February 16, 2016.





Nate’s Food Co.

By: /s/ Nate Steck
Name: Nate Steck.
Title: CEO


Item 8.01 Other Events



On August 23, 2016, Nate's Food Co. entered in to an arrangement with one of California's largest aerosol producers to begin pilot production runs of Nate's Homemade Pancake and Waffle Batter in order to start supplying Southern California grocery stores. This will enable the Company to expand our current online sales activity to include distribution to regional grocery chains without impacting our ongoing development activities with ABCO in Northern California.




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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



Nate’s Food Co.

Dated: August 30, 2016. By: /s/ Nate Steck


Name:

Nate Steck
Title:
CEO







Item 8.01 Other Events



On January 18, 2018, the Company released an 8-K that included the following information, but which did not include the names of the Consulting groups or the name of the food broker we have retained.



On December 21, 2017, the Company entered into an agreement with two Consulting groups, Slingshot CP 2 and JAE Capital Advisors, 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 and logistics management, as well as financial management advice and assistance. Since January 1, 2018, the Consultants have commenced meetings with retail vendors and established relationships with product fulfillment centers in order to improve the efficiency of online sales. The Company has also retained the services of Kreative Sales & Marketing, as a food broker.





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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.





Nate’s Food Co.











Dated: February 6, 2018.

By:

/s/ Nate Steck





Name:

Nate Steck





Title:

CEO

Item 1.01 Entry into a Material Definitive Agreement



On July 15, 2022, the Company executed an exclusive license with Kenny B, LLC for the product name Sh’Mallow, a non-refrigerated, shelf stable marshmallow product that can also be toasted. Sh’Mallow is available for sale on-line at https://www.sh-mallow.com/shop and is easily shipped.



Under this exclusive license agreement, the Company will pay a royalty of 7.5% on all Net Sales of Sh’Mallow. 12 months after the execution of the agreement a minimum royalty payment of $5,000 a month shall be required to maintain the exclusivity of the license agreement.



Upon the effective date of the license agreement (August 15, 2022), all Sh’Mallow sales will be conducted through Nate’s Food Co. The Company will work to redevelop the product label and branding, as well as increasing the production capacity to meet the expected demand by wholesale membership and retail grocery stores. The Company has already begun assisting on obtaining grocery store placement and has received positive interest from national coffee shops and grocery stores.



Nate’s Food Co. is actively working on increasing production capacity, including the acquisition of additional mixing and filling equipment for Sh’Mallow. The Company has also begun running tests on the necessary equipment for the project. This increase in capacity will allow the Company to meet MOQs and execute on orders from stores that have already expressed interest in the Sh’Mallow product. The company is also working on the marketing plan to promote the product through social media platforms and direct response campaigns with the ultimate goal of brand recognition and increasing online sales.



Nate’s Food Co has been involved with the product development with Kenny B, LLC since 2016 and has been working on Sh’Mallow project since its infancy stage with the goal of growing and adding it to the Company’s product line upon Sh’Mallow became available for sale in 2022.



The Company will also continue to expand its bitcoin mining as a hedge against inflation. We strongly believe it will help us s to grow the Company and enhance our balance sheet accumulating bitcoin funds in the coming years. We hope those consistent additional inflows will allow us to develop more products and expand our product line.



Item 2.01 Completion of Acquisition or Disposition of Assets.



See Item 8.01 below



Item 8.01 Other Events.





(1)

On September 30, 2021, the Company executed an agreement to lease Bitcoin Equipment for a term of 9 months. The expected daily mining capacity of the equipment is 200 terrahash (TH/s) and the expected power and maintenance fees will be $12.50 per day. The Company decided to initially lease equipment due to the current extended delivery dates for new equipment, which is 4-6 months. The Company is working with equipment manufacturers to acquire new machines, however, we will continue leasing equipment to expedite revenue inflow.









(2)

The Company intends to provide updates on its Twitter page which can be found at: https://twitter.com/natesmining




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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



Dated: September 30, 2021

Nate’s Food Co.













By:

/s/ Nate Steck





Name: Title:

Nate Steck

CEO

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