SouthCorp Capital Announces it has Acquired New Equipment for Factory and Executes Deal Expected to Generate up to $1 Million per Year in Revenue
Filing Services Canada XHTML - Wed Feb 11, 8:01AM CST
SouthCorp Capital Announces It Has Acquired New Equipment For Factory and Executes Deal Expected To Generate up to $1 Million per Year in Revenue.
Business Wire - Wed Feb 11, 8:01AM CST
SouthCorp Capital, Inc. (OTCQB: STHC) announced today that the Company has acquired a new rotary piston filling can line for Nate's Food Co. (OTC: NHMD). The equipment cost approximately $400,000 and the Company receives revenue for each can produced from the equipment. The new line will be capable of producing between 8,000,000 and 10,000,000 cans per year. The initial components are expected to be installed in the next 3-4 weeks with the remaining components added on to increase the number of cans produced per minute. The Company currently is forecasting that the new equipment will generate approximately $1 Million a year revenue. Once the factory in Indiana is completely built, the Company is expecting to generate revenues of $10-30 million per year.
Nate's Food Co. Announces it has Finalized an Agreement to Purchase New Equipment Capable of Generating up to $40,000,000 Annually.
Business Wire - Thu Feb 05, 7:01AM CST
Nate's Food Co. (NHMD) announced today that the Company has agreed to acquire a new rotary piston filling can line. The new line will be capable of producing between 8,000,000 and 10,000,000 cans per year and will be completely installed at the Company's factory in Fairfield, California within the next 10-12 weeks. The Company has begun moving its production from its Los Angeles co-packer to its factory line in Fairfield. The initial components are expected to be installed in the next 3-4 weeks with the remaining components added on to increase the number of cans produced per minute. As a result, the Company will be able to supply product for the expected distribution agreements without any delays.
Nate's Food Co. Announces it has Finished its Microbiology Testing and Moves Closer to Finalizing Purchase Orders
Filing Services Canada - Thu Jan 29, 7:02AM CST
Nates Food Co. Announces it has Finished its Microbiology Testing and Moves Closer to Finalizing Purchase Orders Los Angeles, California (FSCwire) - Nates Food Co. (NHMD) announced today that it has finalized its microbiology testing on Nates Homemade Pancake and Waffle mix. The microbiology report was a necessary step prior to the Company finalizing its initial purchase orders. The Company contracted M[[107]]rieux NutriSciences to perform the testing. The microbiology test is a critical piece of the vendor requirement list to secure purchase orders from all major chains. About Nates Food Co. Nate's Homemade is a food manufacturing and product development company. Our flagship Pancake and Waffle Batter delivers a delicious ready-to-cook, pre-mixed batter that makes light and airy pancakes or waffles that are fun for the entire family to make together. With no preparation or cleanup, weve made making breakfast easier for your busy mornings. Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual and interim reports. Contacts: Nates Food Co. Nate Steck (661) 418-7842 info@nhmd.net To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...292015.pdf Source: Nateâ??s Foods Co. Inc. (OTC Pink:NHMD) Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
Nate's Food Co. Announces It Has Finished Its Microbiology Testing and Moves Closer to Finalizing Purchase Orders
Business Wire - Thu Jan 29, 7:02AM CST
Nate's Food Co. (NHMD) announced today that it has finalized its microbiology testing on Nate's Homemade Pancake and Waffle mix. The microbiology report was a necessary step prior to the Company finalizing its initial purchase orders. The Company contracted Merieux NutriSciences to perform the testing. The microbiology test is a critical piece of the vendor requirement list to secure purchase orders from all major chains.
Nate's Food Co. Announces It Has Contracted Merieux NutriSciences for the Final Phase of FDA Certification for Commercial Sales
Business Wire - Fri Jan 23, 7:00AM CST
Nate's Food Co. (NHMD) announced today that it has contracted Merieux NutriSciences for the final phase of FDA certification for commercial sales. Merieux NutriSciences is the Gold standard in food safety and quality control, and one of very few companies that the government and retail chains will accept certification from. They work in conjunction with the FDA and their reporting is accepted in all major chains. This is a critical piece of the vendor requirement list to secure purchase orders from all major chains. For more information on Merieux NutriSciences, http://www.merieuxnutrisciences.com/us/eng.
Nate's Food Co. Announces it has Broken Ground on New Facility to Triple Current Production Capacity
Filing Services Canada - Thu Jan 22, 7:03AM CST
Nates Food Co. Announces it has Broken Ground on New Facility to Triple Current Production Capacity Los Angeles, California (FSCwire) - Nates Food Co. (NHMD) announced today that the Company has broken ground on the development of a new facility that would increase production by approximately 10 million cans per year. The new facility would increase the Companys capacity from 5 million cans annually to 15 million cans annually. The facility is being built in Fairfield, California in partnership with ABCO Labs. This facility will work in conjunction with the Companys current manufacturing facility located in Los Angeles, California and satisfy the Companys expected forecast. It is expected that the new facility will become operational in the next 12 months. The Company is currently working with SouthCorp Capital to finalize the plans for the factory in Indiana. The Company expects the plans will be submitted for permits in the next 45-60 days. The factory in Indiana will be capable of producing up to 100 million cans per year. The factory in Indiana will handle the Companys expansion of its product line including the following products: Omelet, Guacamole, Cookie Mix, Brownie Mix, Cake Mix, Syrups, and Compound Butters in addition to the flavor expansion. It is expected that the Indiana factory will become operational within the next 24 months. About Nates Food Co. Nates Homemade Pancake and Waffle Batter delivers a delicious ready-to-cook, pre-mixed batter that makes light and airy pancakes or waffles that are fun for the entire family to make together. With no preparation or clean-up, weve made making breakfast easier for your busy mornings. Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual and interim reports. Contacts: Nates Food Co. Nate Steck (661) 418-7842 info@nhmd.net To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...222015.pdf Source: Nateâ??s Foods Co. Inc. (OTC Pink:NHMD) Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
Nate's Food Co. Announces It Has Broken Ground On New Facility to Triple Current Production Capacity
Business Wire - Thu Jan 22, 7:01AM CST
Nate's Food Co. (NHMD) announced today that the Company has broken ground on the development of a new facility that would increase production by approximately 10 million cans per year. The new facility would increase the Company's capacity from 5 million cans annually to 15 million cans annually. The facility is being built in Fairfield, California in partnership with ABCO Labs. This facility will work in conjunction with the Company's current manufacturing facility located in Los Angeles, California and satisfy the Company's expected forecast. It is expected that the new facility will become operational in the next 12 months.
Nate's Food Co. Announces New Brand, Nate's Homemade
Business Wire - Thu Jan 15, 1:45PM CST
Nate's Food Co. (NHMD) announced today that they are changing their brand name from Nate's Pancakes to Nate's Homemade. With the addition of new products beyond the flagship Pancake & Waffle Batter, the Company determined it was necessary to create an umbrella brand (Nate's Homemade) to house the category extensions. As the Company moves closer to its retail and consumer launch, the management team felt this was the appropriate time to make the transition. The Company is currently updating its website, packaging and marketing materials to reflect the name change.
Nate's Food Co. Initial Tasting of New Flavors
Filing Services Canada - Wed Jan 14, 7:02AM CST
Nates Food Co. Initial Tasting of New Flavors Los Angeles, California (FSCwire) - Nates Food Co. (NHMD) announced today that they are finalizing the additional flavors for their flagship Pancake & Waffle Batter. The Food Science Division presented the new flavors to the Management Team and Sales Brokers at a tasting in Northern California. The Management Team was exceptionally pleased with the flavors and has given the green light on the following: Blueberry, Strawberry Jam and Banana. By adding the flavor extensions and increasing the number of SKUs from 1 to 4, the Company would expect to triple its total distributions points and thereby increasing sales by 200%-300%. About Nates Food Co. Nates Homemade pancake and waffle batter are a ready-to-use, pre-mixed pancake and waffle batter delivered in a pressurized can. Our pre-made batter makes light and airy pancakes or waffles that are fun for the entire family to make together, and are a great way to start your day. With no preparation and no clean-up, weve made making breakfast easier for your busy mornings. Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual and interim reports. Contacts: Nates Food Co. Nate Steck (661) 418-7842 info@nhmd.net To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...142015.pdf Source: Nateâ??s Foods Co. Inc. (OTC Pink:NHMD) Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
Nate’s Food Co. Announces Shareholder Event for January 30, 2015
Filing Services Canada XHTML - Fri Jan 09, 5:35AM CST
Nate's Food Co. Announces Shareholder Event for January 30, 2015
Filing Services Canada - Fri Jan 09, 5:35AM CST
Nates Food Co. Announces Shareholder Event for January 30, 2015 Los Angeles, California (FSCwire) - Nates Food Co. (OTC: NHMD) announced today that the Company will hold a Q&A shareholder event on January 30, 2105 at 1:00pm. The event will take place in the Governors Boardroom at the Balboa Bay Club in Newport Beach, California. About Nates Food Co. Nates Homemade pancake and waffle batter are a ready-to-use, pre-mixed pancake and waffle batter delivered in a pressurized can. Our pre-made batter makes light and airy pancakes or waffles that are fun for the entire family to make together, and are a great way to start your day. With no preparation and no clean-up, weve made making breakfast easier for your busy mornings. Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual and interim reports. Contacts: Nates Food Co. Nate Steck (661) 418-7842 info@nhmd.net To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...092015.pdf Source: Nateâ??s Foods Co. Inc. (OTC Pink:NHMD) Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
Nate’s Food Co. Announces Dividend Policy
Filing Services Canada XHTML - Thu Dec 04, 8:02AM CST
Nate's Food Co. Announces Dividend Policy
Business Wire - Thu Dec 04, 8:01AM CST
Nate's Food Co. (OTC:NHMD) announced today that it has established a dividend policy for its common stock shareholders. The Company is finalizing its forecasts, pricing and cost of goods. As part of this process, the Company has decided to establish a quarterly dividend of $0.025 - $0.10 per can of product sold. Additionally, the Company was able to reduce its license agreement from 7.5% to 3%.
SouthCorp Capital Announces it has Agreed to Provide $200,000 in Financing to Nate’s Food Co.
Filing Services Canada XHTML - Wed Nov 26, 8:04AM CST
SouthCorp Capital Announces it has Agreed to Provide $200,000 in Financing to Nate's Food Co.
Filing Services Canada - Wed Nov 26, 8:04AM CST
SouthCorp Capital Announces it has Agreed to Provide $200,000 in Financing to Nates Food Co. Beverly Hills, California (FSCwire) - SouthCorp Capital, Inc. (OTCQB: STHC) announced today that the Company has agreed to provide $200,000 in financing to Nates Food Co. (OTC: NHMD). SouthCorp Capital will provide the financing on a non-dilutive basis against purchase orders of Nates Food. The financing will allow Nates Food to begin manufacturing 200,000 cans of Nates Pancakes in anticipation of fulfilling purchase orders. SouthCorp Capital has agreed to continue to fund up to $3,000,000 in non-dilutive purchase order financing based on an increase in purchase orders of Nates Food. About SouthCorp Capital. Southcorp Capital, Inc. is a Delaware corporation.The Company focus is on the acquisition and renovation of single-family and mutli-family properties in the U.S with the intent of reselling the property after renovations have occurred. Our real estate investments are expected to focus properties undervalued and/orin need of some repairs. Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Contacts: SouthCorp Capital, Inc. Joseph Wade info@southcorpcapital.com www.southcorpcapital.com (http://www.southcorpcapital.com) To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...262014.pdf Source: SouthCorp Capital Inc. (OTCQB:STHC) Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.