Replies to post #3573 on Nate's Food Company (NHMD)

[nerostock]

These are interesting as well:

Q. Did Nate create the products for Nate’s Pancakes?

A. Yes. Nate also was responsible for all product development for Batter Blaster. Sean O’Conner was responsible for the sales and marketing for Batter Blaster. Nate has also created the following products/entities: Elite Foods: Revenue $5 Million (discontinued in 1997); Polenta Pack: Revenue $10 Million (sold to Monterey Pasta in 2000); Elena’a Food Specialties: Revenue $80 Million (sold to ADF Foods in 2001); Nate’s Product Line of Meat Alternative Products: Revenue $50 Million (sold to ADF Foods); Batter Blaster: Revenue $40 Million (discontinued in 2012). From 2002 – 2012, products from Nate generated approximately $185 Million.

Q. What is the relationship between Batter Blaster and Nate’s Pancakes?

A. There is no relationship between Batter Blaster and Nate’s Pancakes. Batter Blaster was a refrigerated pre-mixed pancake batter. Nate’s Pancakes is a shelf stable (does not need to be refrigerated) pre-mixed batter for pancakes and waffles. The two products use different methodologies and require different ingredients and technologies.

Q. Is Sean O’Connor part of Nate’s Pancakes?

A. Mr. O’Connor does not have any role with Nate’s Pancakes. Mr. O’Connor was the lead partner in charge of sale and marketing for Batter Blaster and remains friends with Nate Steck; however, Nate has been working separately on developing a shelf stable product since 2011.