Replies to post #90076 on Nate's Food Company (NHMD)

[Bangkok Bob]

States directly in the Sept 19 8k that the closing of the merger would not take p l ace until financing for the sugar contract was secured along with the SBLC .

The agreement between Nate’s Food Co. and JP Energy Group will not close until the following conditions have been met:

1 JP Energy Partners has transferred all rights to the sale of the sugar mentioned above to JP Energy Group, and

2.JP Energy Group has secured the necessary financing for the sugar contract.

https://www.otcmarkets.com/filing/html?id=16941153&guid=7C5-kaYXGUExtBh

Since then they've filed a pre14c and a Def 14c this last monday oct 30, both stating that the merger will close by Oct 31 . Not expect to but we will close

Financing is secured and expect the 8k and subsequent events to be out of the park .

[zombywolf]

This is the most recent quote on financing from their 8k's.

"It is vital to note that, as of the present date, two key points are worth mentioning. First, no shipments have occurred under this contract due to JP Energy Group's ongoing efforts to secure the necessary financing for contract execution. Second, we currently lack specific information regarding the timing or certainty of JP Energy's ability to secure the required financial arrangements for these contracts"

Explain exactly where they state they are anywhere close to getting financing?

[Xman1959]

stervc, thanks again for the info I am banking on some news confirmation gla

[surfkast]

And Nate never lies! SMH. He has been lying since 2014!

Nate’s Food Co. Announces Export of 3 Million Cans To China
November 18, 2014 08:00 AM Eastern Standard Time
LOS ANGELES--(BUSINESS WIRE)--Nate’s Food Co. (OTC: NHMD) announced today that it has reached an agreement to export 3 million cans to China. As a result of the shift in China towards a preference for westernized products and the lack of a dominant US Company, the Company views China as having greater potential for growth than the United States. The Company is forecasting that Chinese sales could exceed 25 million cans annually by 2018. Between the United States and China, the Company is expecting sales to exceed 50 million cans annually within the next 3-5 years.

The ship is still missing! LOL






Item 8.01 Other Events



On December 21, 2017, the Company entered into an agreement with two Consulting groups who will be working together on behalf of the Company, expanding our presence in the retail food industry. The Consultants will be providing sales, marketing, distribution, logistics and financial management advice and assistance. Since the beginning of the year, the Consultants have commenced meetings with retailers and established relationships with brokers and product fulfillment centers in order to improve the efficiency of our online sales through the Company’s website. The Consultants are also building out the Company’s online presence through social media to increase online sales.

Never happened!






Item 8.01 Other Events



On December 8, 2016, the Company met with the senior buyer for Bristol Farms grocery stores. Our meeting was very successful, and we can announce that Bristol Farms will become our 1 st retail grocery store customer. Bristol Farms is an independent grocery store chain in California focused on marketing to an affluent customer base. The Company has provided Bristol Farms everything required to complete the vendor certification process over the next 30 days. The buyer is preparing purchase orders for delivery of Nate’s Homemade Pancake and Waffle Batter to begin after February 1, 2017. The Company is currently setting up a schedule for in-store demonstrations at Bristol Farms stores in order to introduce customers to the great taste, convenience and simplicity of our product. The Company is confident that our relationship with Bristol Farms will open doors with other grocery chains and contribute significantly to the Companies growth during 2017.

Item 8.01 Other Events



On February 7, the Company was notified by Bristol Farms that they will not be placing an order for product at this time.

Self Explanatory.

https://www.otcmarkets.com/stock/NHMD/disclosure