Replies to post #36974 on Nate's Food Company (NHMD)

[jimwalters]

It's a fact. Read the filings.

NHMD continues to take on more and more toxic debt. 180 days after the debt is signed for it starts converting into common at a 40%+ discount to the lowest trade in the previous 20 days. Not very kind for common holders.

A trick these toxic guys do is whack the bid hard the day prior to a conversion so the stock hits a new 52-week low thereby allowing them to get even more shares when they convert a portion of the debt into shares. Very scummy, but a perfectly legal way to screw real investors like yourself.