Nate's Food Co Successfully Completes Cancellation of 1 Billion Common Shares, Paving the Way for a Bright Future
October 03 2023 - 08:00AM
InvestorsHub NewsWire
Nate's Food Co Successfully Completes Cancellation of 1 Billion
Common Shares, Paving the Way for a Bright Future
Huntington Beach, CA
-- October 3, 2023 -- InvestorsHub NewsWire -- Nate's
Food Co (OTC: NHMD)
is thrilled to announce a significant milestone in its corporate
journey – the successful cancellation of 1 billion common shares,
marking a substantial 27% reduction in the total number of issued
and outstanding shares. This strategic move was previously
authorized by our officers and directors, as disclosed in an 8-K
filing with the Securities and Exchange Commission
(SEC).
The official 8-K filing
can be accessed directly via this link:
NHMD 8-K Filing.
This momentous event is a
crucial part of Nate's Food Co's overarching strategy, closely tied
to our forthcoming acquisition of JP Energy Partners. This
acquisition represents a pivotal juncture in our company's
leadership and management, as it sets the stage for the alignment
of our vision with the exploration of previously untapped markets
and the relentless pursuit of operational excellence.
At Nate's Food Co, we are
dedicated to driving long-term value for our shareholders, and this
cancellation of common shares exemplifies our commitment to
strategic decision-making and sustainable growth. We remain
steadfast in our mission to deliver quality products and services,
while simultaneously expanding our horizons to reach new
heights.
Nate's Food Co is a
forward-thinking company dedicated to providing high-quality food
products and services. With a focus on innovation and growth, we
continually seek opportunities to enhance shareholder value while
exploring new markets and optimizing our operations. Our recent
achievements, including the cancellation of 1 billion common
shares, exemplify our commitment to excellence and sustainable
success.
JP Energy Group: JP
Energy Group is a pioneering Food Jobber Company, founded with a
mission to supply superior food products from South America to
Asia. With a strong dedication to quality and growth, JP Energy
Group is poised to make a substantial impact on the global food
distribution landscape.
Certain statements in this release constitute forward-looking
statements.
These statements include the capabilities and success of the
Company's business and any of its products, services or solutions.
The words "believe," "forecast," "project," "intend," "expect,"
"plan," "should," "would," and similar expressions and all
statements, which are not historical facts, are intended to
identify forward-looking statements. These forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors, any of which could cause the
Company to not achieve some or all of its goals or the Company's
previously reported actual results, performance (finance or
operating) to change or differ from future results, performance
(financing and operating) or achievements, including those
expressed or implied by such forward-looking statements. More
detailed information about the Company and the risk factors that
may affect the realization of forward-looking statements is set
forth in the Company's filings with the SEC, copies of which may be
obtained from the SEC's website at www.sec.gov.
The Company assumes no, and hereby disclaims any, obligation to
update the forward-looking statements contained in this press
release.
Revenue related calculations. Please
note that the Company believes that any revenue related
calculations are accurate and based on factual information, there
can be no assurance that the Company will be able to achieve all
projections due to number of business-related factors, such as
power pricing, mining equipment availability, bitcoin mining
difficulty, bitcoin market pricing and other unforeseen issues in
deploying its mining rigs.
You can
view update information on Bitcoin Mining by
visiting https://alloscomp.com/bitcoin/calculator.
For more
information:
Nate's Food
Co.
Email:
nate@nateshomemade.com
Phone: (949)
341-1834
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