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Replies to post #19544 on Nate's Food Company (NHMD)

Replies to #19544 on Nate's Food Company (NHMD)
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Bocephus

01/30/15 4:54 PM

#19548 RE: Emerson1972 #19544

Retail single can will probably sell for around $5.99/can
Club stores may have a 3 pack for $9.99

Margins from sales to the buyers are planned to be around 30%
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Bocephus

01/30/15 4:58 PM

#19550 RE: Emerson1972 #19544

Long term strategy is to up list to NYSE or NASDAQ in the next 5 years and consider offers for buyout from larger companies or see if it makes sense to retain control of the company and grow the brand by buying and bringing in smaller companies under the NHMD brand.
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Bocephus

01/30/15 5:05 PM

#19557 RE: Emerson1972 #19544

Meeting with Kroger on Feb 17
Nate prefers to be in club stores prior to retail grocers.

They prefer the demo marketing that the Costco market provides.
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Bocephus

01/30/15 5:30 PM

#19569 RE: Emerson1972 #19544

Either Feb 25th or 26th will be a full day production run as a test.
(I think that is what I heard.)

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Bocephus

01/30/15 5:33 PM

#19572 RE: Emerson1972 #19544

Either Feb 25th or 26th will be a full day production run as a test.
(I think that is what I heard.)

If I posted anything in error that someone in attendance can correct me on that would be appreciated because it is not exactly easy to hear everything with my kids making so much noise!