STHC News Alert Southcorp Capital I (STHC) 0.0272 02/15/2015
Post# of 64074
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 Finalized an Agreement to Purchase New Equipment Capable of Generating up to $40,000,000 Annually
Filing Services Canada XHTML - Thu Feb 05, 7:01AM CST
Nate’s Food Co. Announces it has Broken Ground on New Facility to Triple Current Production Capacity
Filing Services Canada XHTML - Thu Jan 22, 7:04AM CST
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.
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.
SouthCorp Capital Announces It has Agreed to Acquire 2 Houses with Annual Return of 53%
Business Wire - Wed Nov 05, 7:02AM CST
SouthCorp Capital, Inc. (OTCQB: STHC) announced today that the Company has acquired 2 houses in Indiana. The properties are rented with a cap rate of 53%. Capitalization rate (or "cap rate" is the ratio between the net operating income produced by an asset and its capital cost. The Company will recover its purchase price within 22 months.
SouthCorp Capital Announces Negotiating Acquisition of a 12-Unit Apartment Building
Business Wire - Mon Nov 03, 7:03AM CST
SouthCorp Capital, Inc. (OTCQB: STHC) announced today that the Company is negotiating the acquisition of a 12-unit apartment building. The Company expects to have the properties rented upon acquisition of the properties. The Company expects the cap rate to be between 20-25%. Capitalization rate (or "cap rate" is the ratio between the net operating income produced by an asset and its capital cost.
SouthCorp Capital Announces Negotiating Acquisition of 2 Houses
Filing Services Canada XHTML - Mon Oct 27, 11:23AM CDT
SouthCorp Capital Announces Negotiating Acquisition of 2 Houses
Filing Services Canada - Mon Oct 27, 11:23AM CDT
SouthCorp Capital Announces Negotiating Acquisition of 2 Houses Beverly Hills, California (FSCwire) - SouthCorp Capital, Inc. (OTCQB: STHC) announced today that the Company is negotiating the acquisition of 2 houses in Indiana. The Company expects to have the properties rented upon acquisition of the properties. The Company expects the cap rate to be between 15-25%. Capitalization rate(or "cap rate" is the ratio between the net operating income produced by anasset (http://en.wikipedia.org/wiki/Asset)and itscapital cost (http://en.wikipedia.org/wiki/Capital_cost). About SouthCorp Capital. Southcorp Capital, Inc. is a Delaware corporation.The Company focus is on the acquisition and renovation of single-family and multi-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...272014.pdf Source: SouthCorp Capital Inc. (OTCQB:STHC) Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
SouthCorp Capital Announces Sale of Property for 300% Return
Filing Services Canada XHTML - Wed Oct 15, 8:03AM CDT