8k October 25th Item 8.01 Other Events On Augus
Post# of 281
Item 8.01 Other Events
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.
https://www.sec.gov/Archives/edgar/data/14094...hmd_8k.htm
8k October 17
Item 8.01 Other Events
On July 15, 2015, the Company received financing in the amount of $80,000 from Typenex Co-Investment, LLC. On July 8, 2016, the Company made a payment of 50% of the balance then due in the amount of $57,000.00, and entered into a Forbearance Agreement with Typenex regarding conversion of the balance of $57,000.00 debt into Shares of Common Stock at an agreed upon discount and frequency of conversions. On October 11, 2016, Typenex submitted its’ final conversion request for the balance owed in the amount of $24,125.48, converted into 10,901,708 shares common. The balance now due on the Typenex note is $0.00, and the Company has now paid off all four of our original convertible debt instruments in full.
https://www.sec.gov/Archives/edgar/data/14094...hmd_8k.htm
8k August 30
Item 8.01 Other Events
On August 23, 2016, Nate's Food Co. entered in to an arrangement with one of California's largest aerosol producers to begin pilot production runs of Nate's Homemade Pancake and Waffle Batter in order to start supplying Southern California grocery stores. This will enable the Company to expand our current online sales activity to include distribution to regional grocery chains without impacting our ongoing development activities with ABCO in Northern California.
https://www.sec.gov/Archives/edgar/data/14094...hmd_8k.htm