Natural Harmony Foods Inc (NHYF)

[solong]

I think that this is the first time, in our CEO's life that he's had to deal with Audited Statements, in the US. Every CEO I've met over the last 4 decades has said that's it's unlike any experience. First you get "Auditors" who have been certified by the SEC to perform Audits on Publicly held companies. You can't go to H&R Block, you have to go to someone who has been tested and certified to do these and comply with SEC requirements.

When they are done, you have to send it to your Corporate Attorney (also certified to handle Public Companies) who understands the requirements. Then if you have Board Members they also have to sign off on it. If any of the parties has a question, the process starts all over again. The first Audited Statements are killers. You have a company which was dead for 8+ years and everyone is really careful to make sure that there are no surprises.

Subsequent Audited Statements will get easier, the first ones are a pain. I left out OTC Mkts, they will review the Statements with a fine toothcomb, NO ONE in this process wants to find out later, that they overlooked something.

The company said they are on the verge of being able to file these. That was a month ago, all that tells us is that they are new to this and like everyone before them, they will learn from this experience. Patience is required.

I think that filing with the SOState for a name change, indicates we are closer. The Steps for a Name Change are:
1. File a name amendment with the state of incorporation
2. Notify the IRS
3. Update permits and licenses

The SEC/Finra accepts that the Licensor of the Business Permit (the State) has verified that the company is not using a name that is misleading, similar nor infringes upon another company's rights.

Most importantly, IMO, is that I think all of the changes (OTCQB listing, etc) was part of the agreement between NHYF and Global - I've never met a funding source who puts up money for OTC Pink Current unless it's a convertible loan and they plan on huge discounts for the conversion and then dumping that stock.

The Global funding conditions are not like that. Until I see Global act differently, this is not a 1 or 2 penny play. imo