Ive been watching this stock for quite some time; even prior to the run up to .01. The more I look at the fundamentals of this company, the more ridiculous the whole thing becomes:
Maybe if I write out my thoughts it will explain where im coming from:
For $25.. we can buy 4 cans. Each can makes nine 3" pancakes. Right there i see a problem.
A 3" pancake? Who eats a 3" pancake? Is this after shrinkage while its cooking?
Also.. this means that for one can on a typical Saturday breakfast for a family of 4, each individual can get only 2 and a quarter, 3" pancakes. Thats ridiculous.
On top of that, those pancakes cost $6.25? I can go to the supermarket or kmart and buy a 32oz box of pancake mix for TWO DOLLARS and can make SIXTY 4" pancakes.
Listen, dont take my word for it as this is not investment advice. If someone is invested in NHMD to make profits, i say go for it. We dont have to like the product in order to invest. But as a business, NHMD is, in my opinion, a flop of an idea.
Many of us live paycheck to paycheck. Who is going to pay $25 for 36 tiny pancakes when we can pay $2 for SIXTY??? Sure, i know people out there can afford it. But even for those people who CAN afford Nate's pancakes... the idea is ludicrous.
On top of all this.. did anyone catch the major lie in the marketing??
No preparation? Do we just squirt the mix in our mouth? Last time i checked we still have to prepare the kitchen, get the pan, turn on the oven.
No clean up? Do the dishes wash themselves? Do we not eat off plates? Are we supposed to eat Nates pancakes with paperplates only?
..riiiight. So we pump out some pancakes from a can (three inches), throw the dishes in the sink, and when we come home from work... the dishes are still there. We still have dishes regardless of using Nates product or the boxed stuff. Duh!
Personally, i would rather open a box of mix, add milk, stir, and pour.. knowing i spent only $2 compared to a monstrous $25 for a pancake.
Am i the only one seeing the issues here?
Like i said.. if someone sees NHMD as a pure INVESTMENT... i say go for it. Make profits. That's why we're here. But when push comes to shove, the business model, concept, and product is absolutely ridiculous.
$25 for pancakes in a can. With cleanup. Ridiculous.
Maybe if I write out my thoughts it will explain where im coming from:
For $25.. we can buy 4 cans. Each can makes nine 3" pancakes. Right there i see a problem.
A 3" pancake? Who eats a 3" pancake? Is this after shrinkage while its cooking?
Also.. this means that for one can on a typical Saturday breakfast for a family of 4, each individual can get only 2 and a quarter, 3" pancakes. Thats ridiculous.
On top of that, those pancakes cost $6.25? I can go to the supermarket or kmart and buy a 32oz box of pancake mix for TWO DOLLARS and can make SIXTY 4" pancakes.
Listen, dont take my word for it as this is not investment advice. If someone is invested in NHMD to make profits, i say go for it. We dont have to like the product in order to invest. But as a business, NHMD is, in my opinion, a flop of an idea.
Many of us live paycheck to paycheck. Who is going to pay $25 for 36 tiny pancakes when we can pay $2 for SIXTY??? Sure, i know people out there can afford it. But even for those people who CAN afford Nate's pancakes... the idea is ludicrous.
On top of all this.. did anyone catch the major lie in the marketing??
Quote:No preparation or cleanup...
No preparation? Do we just squirt the mix in our mouth? Last time i checked we still have to prepare the kitchen, get the pan, turn on the oven.
No clean up? Do the dishes wash themselves? Do we not eat off plates? Are we supposed to eat Nates pancakes with paperplates only?
Quote:..we've made breakfast easier for your busy mornings.
..riiiight. So we pump out some pancakes from a can (three inches), throw the dishes in the sink, and when we come home from work... the dishes are still there. We still have dishes regardless of using Nates product or the boxed stuff. Duh!
Personally, i would rather open a box of mix, add milk, stir, and pour.. knowing i spent only $2 compared to a monstrous $25 for a pancake.
Am i the only one seeing the issues here?
Like i said.. if someone sees NHMD as a pure INVESTMENT... i say go for it. Make profits. That's why we're here. But when push comes to shove, the business model, concept, and product is absolutely ridiculous.
$25 for pancakes in a can. With cleanup. Ridiculous.
1
Nate's Food Co. (NHMD) Stock Research Links
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
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The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
