My buddy at Amamark just got his shipment too. Loves the stuff... love it my self.
nateshomemade.com
2017 fast approaching. RETAIL DISTRIBUTION ON THE WAY Update: 10/262016 On August 23, 2016, Nate's Food Co. reported that the Company had entered in to an arrangement with one of California's largest aerosol producers to begin production of Nate's Homemade Pancake and Waffle Batter. This will enable the Company to increase our marketing to regional grocery chains during the 4th Quarter of 2016 and begin sales during the 1st Quarter of 2017. This is the same company that acted as the co-packer for Nate Steck's earlier product "Batter Blaster", and they have retained their interest in working with Nate since that time. They have had repeated requests from grocery retailers regarding the availability of Batter Blaster, which motivated them to contact Nate regarding resumption of the relationship. Their experience with Batter Blaster will prove invaluable in providing lower costs of production, as well as assisting in distribution during this period of growth for Nate's Food Co. Preliminary testing is completed and small batch production has now begun, with increased production capability to begin by year end 2016, assuring the Company that inventory will be sufficient to meet anticipated demand in the 1st Quarter, 2017. The Company expects that this agreement will augment and enhance our ongoing development and production activities with ABCO in Northern California. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11648566
Update: 08/19/2016 Since April 24th, 2016, the Company has been in negotiations with large manufacturing concern regarding a licensing agreement for Nate's Pancake and Waffle Batter. On May 18th, 2016, the Company signed a Letter of Intent outlining the terms of the 10 year licensing agreement. The manufacturing group has represented that through their distribution network they will be able to sell over 2,000,000 units per month (per 8k dated 5/3/16)
Although it has now been just over 90 days, the Company is still actively engaged in the final negotiations of the contractual terms and provisions. Numerous complex details have already been addressed, but several issues still remain, including matters related to the licensee co-packing Nate's Pancake and Waffle Batter for the Company.The Company anticipates significant costs reductions will be available by taking advantage of the facilities of the licensee for co-packing services.
The Company expects the negotiations will be completed in the coming weeks. The licensee still plans to begin production within 120 days of final execution. The Company anticipates the royalties received from the sale of the licensee's product will significantly contribute to the Company's revenue. Source http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11555581
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