Nate's Food Co. (OTC:NHMD) (@natesfoodco) 's Twitter Profile
Nate's Food Co. (OTC:NHMD)

@natesfoodco

At Nate's Food, we specialize in sourcing, buying, and selling a diverse range of high-quality commodities to meet the ever-evolving demands.
$NHMD

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linkhttps://www.natesfoodco.com calendar_today30-09-2021 18:25:19

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Nate's Food Co. (OTC:NHMD) (@natesfoodco) 's Twitter Profile Photo

Here is a copy of PO. Once we get the ATV (authorization to verify) from the tank farm we will send a CI and SGS to the buyer who will fund upon verification of the SGS. Once the initial transaction is completed a purchase agreement will be signed for the monthly orders. $NHMD

Here is a  copy of PO. Once we get the ATV (authorization to verify) from the tank farm we will send a CI and SGS to the buyer who will fund upon verification of the SGS.  Once the initial transaction is completed a purchase agreement will be signed for the monthly orders.
$NHMD
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The Company has wired funds to its tank storage farm in Rotterdam. We are waiting for the tank farm to send the executed Tank Storage Agreement and the Authorization To Verify (ATV) which will be sent to the refinery for verification. sec.gov/ix?doc=/Archiv… $NHMD

Nate's Food Co. (OTC:NHMD) (@natesfoodco) 's Twitter Profile Photo

Clearing up some queries! The Company is buying and reselling fuel to its buyer with the funds going through an escrow account (per today's 8-K). The JV partner gets 25% of the profit from the sale of the fuel. Other costs include tank storage, escrow, and broker fees. $NHMD

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Tank farm confirmed receipt of the funds. We're now eagerly awaiting for them to send the ATV to the refinery. Once that's done, we will get the POP docs for our buyer. Our goal is for a closing by the end of next week but it depends on the tank farm's injection schedule. $NHMD

Nate's Food Co. (OTC:NHMD) (@natesfoodco) 's Twitter Profile Photo

We are currently in active discussions with existing noteholders to retire and settle the convertible notes, using the proceeds generated from the fuel PO. This will also allow the us to significantly reduce the number of authorized common shares by approximately 40%. $NHMD

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In response to inquiries received from our shareholders regarding initiating a stock buyback program using profits from our jet fuel deals, we are pleased to confirm that the Company has been internally deliberating this matter. See our 8-K today for details. $NHMD #buyback

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Our maiden fuel deal is a intricate journey, from refinery paperwork, securing port tanks, and delivering Proof of Product to our buyer. However, we are streamlining the process for closing our other POs with expertise and efficiency based on the success of the first one. $NHMD

Our maiden fuel deal is a intricate journey, from refinery paperwork, securing port tanks, and delivering Proof of Product  to our buyer. However, we are streamlining the process for closing our other POs with expertise and efficiency based on the success of the first one. 
$NHMD
Nate's Food Co. (OTC:NHMD) (@natesfoodco) 's Twitter Profile Photo

We submitted the Pre14C, taking a proactive step to slash the number of authorized common shares, aligning with yesterday's 8-K. This strategic move sets the stage for potential agreement from note holders to eliminate convertible notes and other outstanding payables. $NHMD

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Refinery just gave the approval for our TSA and TSR - Item 10 on yesterday's checklist. We're already onto the next step, and soon we'll have that ATV in hand! Check out the redacted TSR from step 7 attached.

Refinery just gave the approval for our TSA and TSR - Item 10 on  yesterday's checklist. We're already onto the next step, and soon  we'll have that ATV in hand!  Check out the redacted TSR from step 7  attached.
Nate's Food Co. (OTC:NHMD) (@natesfoodco) 's Twitter Profile Photo

Our company agreed with a noteholder to wipe out around $750,000 in liabilities. This includes different promissory notes and a convertible note. At a price of $0.0025 per share! Check out the details here: sec.gov/ixviewer/ix.ht… $NHMD

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Company has paid for the 2-day tank extension. Following our checklist, we're currently on step 12. The authorization for the Verify/Transfer (ATV) processes is in progress. $NHMD

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On Jan 30, 2024, our JV partner proposed a 10-year extension to our agreement, citing our remarkable progress and a backlog of verbal orders awaiting the initial transaction. We've sent the amended term for signature $NHMD

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We received this update today from our tank provider: We are currently in the process of extending the TSR with the harbor/hub unit of the Port of Rotterdam (PoR). As soon as the TSR extension process is completed, we will promptly release the extended TSR and the (ATV). $NHMD

Nate's Food Co. (OTC:NHMD) (@natesfoodco) 's Twitter Profile Photo

The JV extension resulted from our robust partnership with key partners and by verbal orders received. We've asked our other buyers to wait on submitting written POs until our initial deal wraps up - allowing us to fine-tune processes and tackle any hiccups head-on. $NHMD

Nate's Food Co. (OTC:NHMD) (@natesfoodco) 's Twitter Profile Photo

The ATV is en route, set to arrive in 24 hours, paving the way for our initial transaction closure and kickstarting the monthly sale of 4M barrels to our initial buyer. Next up: locking in the second buyer for the remaining allotment and then increasing the allotment. $NHMD

Nate's Food Co. (OTC:NHMD) (@natesfoodco) 's Twitter Profile Photo

Our team received the ATV and swiftly forwarded it to the refinery. Refinery needs to verify the tanks and send us the SGS report allowing our buyer to verify the fuel and send funds to escrow. Our team in the Amsterdam area is gearing up to be on-site for fuel injection $NHMD

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We had to extend our TSR to 7-days to secure the crucial Pipeline Codes and Transfer Station No. as per our supplier's requirements. The TSR was received and sent to our supplier. Now, everyone can prepare for the fuel injection into tanks. $NHMD

We had to extend our TSR to 7-days to secure the crucial Pipeline Codes and Transfer  Station No. as per our supplier's requirements. The TSR was received and sent to our supplier. Now, everyone can prepare for the fuel injection into tanks. 

$NHMD
Nate's Food Co. (OTC:NHMD) (@natesfoodco) 's Twitter Profile Photo

Refinery has officially verified our tanks at the storage facility and has requested the Authorization to Inject and the Notice of Readiness. Once these are sent over, we're all set to receive SGS and other product documents for our buyer. $NHMD