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NHMD Nates Food Company (PK)

0.0002
0.00 (0.00%)
18 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Nates Food Company (PK) USOTC:NHMD OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0002 0.0002 0.0002 0.0002 0.0001 0.0001 87,189,830 16:25:23

Nate’s Food Co. Announces Initial Delivery Date of 1st Quarter 2015

05/11/2014 1:00pm

Business Wire


Nates Food (PK) (USOTC:NHMD)
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Nate’s Food Co. (OTC: NHMD) announced today that the Company expects its initial delivery date for grocery store placement to begin during the first quarter 2015. The Company is beginning to purchase the materials needed to meet the expected delivery date.

The Company’s product growth plan is to initially introduce the product in a regional area of up to 200 stores. Approximately 3-4 months after the initial rollout, the Company will expand to an additional region. The Company will continue to expand into additional regions every 3-4 months with a full national rollout in 8-12 months after the initial delivery. This is the same model that was used for Batter Blaster. Batter Blaster initially was sold in one region of Costco. It expanded into its 2nd region 3-4 months after its launch and had sales over $1,000,000 during its initial three months and sold over 2 million cans in its first year.

About Nate’s Food Co.

Nate’s 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, we’ve 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: Nate’s Food Co. Nate Steck (661) 418-7842

info@nhmd.net

Nate’s Food Co.Nate Steck, 661-418-7842info@nhmd.net

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