They are worthless until such a time the company allows the TA to remove the restrictions and allows the conversion to common. Based on the companies failure to follow through on their promise with the class B it does not look promising.
Item 8.01 Other Events
The Company is preparing to file the necessary documents with the SEC and FINRA to have its Series B Preferred stock listed on the OTC. The goal is to allow the shareholders of the Series B to trade their shares without impacting the Company’s Common Stock. The Company expects this process will take between 4-6 months.
2
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: December 18, 2014 By: /s/ Nate Steck Name: Nate Steck Title: CEO
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