Replies to post #59220 on Nate's Food Company (NHMD)

[surfkast]

Hearing the same misdirection for 2 1/2 years!

May 19, 2014
The product is currently sold under the name “Nate’s Homemade.”


Q3. Why are you expanding with the One Minute Omelet?

A3. Products take a long time to develop. The Company was able to jump start the pancake and waffle batter because of Nate’s history with Batter Blaster. But even with that history it has taken months to get Nate’s Pancakes to a point where Nate is happy with the product. There are a number of moving parts that are involved with making the product for sale other than just the product inside the can. For example, to increase the shelf life of Nate’s Pancakes the product has to be more viscous than Batter Blaster which required an entirely new delivery system to be developed and custom valves for the cans to be made.

The Company is currently in the process of finalizing details with food brokers for placing Nate’s Pancakes. By beginning the process of developing additional products now, the Company is getting a jump-start on expanding its product line and thereby increasing the attractiveness of the Company to grocery stores since we will be able to delivery more than just one product. Additionally, adding the additional products reduces the overall capital costs for the company since the Company is able to take advantage of the resources it has by having the food science facility work on the new products while corporate is finalizing the details with the food brokers.



Nate’s Food Co. Announces It has Begun Expanding Capacity to 24 Million Cans per Year Providing Revenue Potential of $75 Million Annually

Los Angeles, California, October 27, 2014 – Nate’s Food Co. (OTC: NHMD) announced today that it has begun expanding its production capacity to approximately 100,000 cans a day or 24 million cans per year which could provide revenue up to $75 Million per year.


Los Angeles, California, October 31, 2014 – Nate’s Food Co. (OTC: NHMD) announced today that is has commenced manufacturing Nate’s Pancakes on its new production line. The Company has uploaded photos of the Company’s product running through the new production line. The photos can be found at http://www.natesfoodco.com/photos/.


1. The Company is currently finalizing its strategic sales plan. The strategic plan is used by the Company to coordinate its sales and marketing functions to drive customers to its products. Currently, the Company is looking at a 3-phase rollout process.

Phase 1: rollout with one division of a membership store (i.e. Costco) and then proceed to expand throughout the other divisions. The Company has internally used Costco as a possible customer for its first phase.

Phase 2: introduce the product to convenient stores such as 7-11. The Company prefers the convenient store model because the number of convenient stores is significantly higher than traditional retail grocery stores. For example, 7-11 has 54,200 stores in 16 countries of which 10,400 are in North America. These stores provide a large footprint in North American but also allow was easy expansion internationally.

Phase 3: This phase consists of placement of the Company’s products in Walmart and/or Target.

The Company is still finalizing it strategy and is preparing for deliveries to begin March 1st or April 1st.

Dated: December 2, 2014


Q.4. How long before the factory in Indiana will be completed.
Q.4. The factory in Indiana is expected to be completed in 2016. It is being built to produce 50 – 100 million cans a year. The Company does not expect to need that level of production within the next 12 months. We expect construction to start shortly after the winter season.



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.



Q.5. How many cans has the Company sold?

A.5. As of November 30, 2014, the Company sold nearly 11,000. The Company recognizes net sales upon transfer of ownership, including passage of title to the customer and transfer of risk of loss related to those goods. As of November 30, 2014 the Company received nearly $31,000 for product purchased. The remaining amount will be collected once the product has been shipped.


The Company has agreed to buy back approximately 22,797,000 shares of Common Stock. The shares will be cancelled reducing the Company’s outstanding share count by approximately 31%. The final agreement is expected to be finalized and executed shortly.

[Sheepdog]

It's just a scam. No other lines needed.

[fink]

Excellent post! And on a Sunday where truth is the name of the day.
Great work!

So easy to yell scam, but consistently fail to provide any type of evidence. Yelling and screaming scam with a couple of other lines thrown in does not prove anything besides an agenda.

Sorry, been hearing scam forever (for 2 years).

I miss the toxic death spiral talk. Was told repeatedly that this stock was taken over by toxic note conversions. Was told the share structure would be in the billions. Was told there was no chance of notes being paid off. Yes, it was all nonsense, being that 3 out of 4 notes have been payed off.

Was told that this was a scam with no product. That there was no actual product because it was a "scam." Yes, funny, have the product sitting in my fridge and it tastes delicious.

Been hearing that this would be shutdown by the sec for 2 years. Still hasn't happened.

Been hearing going to "trips" and "no bid" for 2 years. Has never happened.


Why should we take any of these opinions serious when they have been wrong for so long. Give us some real DD on nhmd for once. Please.

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[fink]

MK, only part of that DD I can find wrong,
'3 of the 4 notes have been paid off'

It's,

3 1/2 of the 4 notes have been paid off.

3.5mm shares at .018 was $60k

The $57k with discount broken up into scheduled conversions might not even be noticed.


And Lord only knows what great news can drop the next 4 weeks.


Buy the dip. Most are already camped out on the BID side.
Typenex won't bring the PPS down, but the fear will.

I'm looking for a few good Dips to load the boat.