Replies to post #30131 on Nate's Food Company (NHMD)

[pdubs22]

Read the previous posts by Investor229 to help you! Info is in the iBox, and listen to the last Conference call to form your opinion! GLTY

[CowboysNation88]

NHMD has an EXCLUSIVE LICENSING agreement (20 years) with Innovative Brands, which is owned by Nate and Mark, NHMD CEO and CFO.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10625661

Nate’s Foods Co., Inc. was incorporated under the laws of the State of Colorado on January 12, 2000. On May 19, 2014, the Company completed a reverse merger between with Nate’s Pancakes, Inc., an Indiana Company. Nate’s Pancakes was the surviving Company. In May 2014, the Company changed its name from Capital Resource Alliance to Nate’s Foods Co.

In May 2014, the Company executed a licensing agreement to market and sell the product Nate’s Pancakes. Our license agreement is exclusive throughout the world. The product is currently sold under the name “Nate’s Homemade.”

Product
Nate’s Homemade sells a ready-to-use, pre-mixed pancake and waffle batter delivered in a pressurized can. The Company is currently developing additional flavors and products with the goal to have 10 products in development in 2015. Currently, the Company is developing 3 flavors for its pancake and waffle mix and a One-Minute Omelet and Guacamole. The Company will continue to expand into other bake goods and other non-breakfast areas.

License Agreement

Term
The license agreement is for a term of twenty (20) years. The Company has the right to renew the license agreement for successive ten (10) year period by paying $1,000,000 for each new term.

Payments/Royalty

The Company shall pay a royalty equal to Three Percent (3%) of the Gross Revenue from the licensed products. Gross revenue is defined as total revenue minus discounts and allowances. The license requires that the Company pay a minimum monthly fee of $7,500 beginning twelve (12) months from the execution of the license agreement which is against the 3% royalty. Thereby the fee shall begin on June 1, 2015.

Payments/Royalty will be accruing until sales ramp up. NO SHARES have been or will be issued to pay this fee nor will any shares be issued to finance production, marketing, salaries, etc....

Please listen to the conference call from June 16, 2015 for the current business plan.

[DCorleone]

NHMD owns Nothing! Mark and Nate kept it in Innovative Brands and charge shareholders of NHMD a Fee. Minimum $7500.00 a month, accrued or otherwise, makes no difference. They are also passing thru on all the expenses as "development" costs to NHMD shareholder for Innovative. look at the last 10k. You will see Cash on Hand matches ASSETS. RED FLAG IMO

Liquidity and Capital Resources

As of February 28, 2015, the Company had $1,328 in cash and a total of $1,328 in assets. In management’s opinion, the Company’s cash position is insufficient to maintain its operations at the current level for the next 12 months. Any expansion may cause the Company to require additional capital until such expansion began generating revenue. It is anticipated that the raise of additional funds will principally be through the sales of our securities. As of the date of this report, additional funding has not been secured and no assurance may be given that we will be able to raise additional funds.