Natural Harmony Foods Inc (PK) (NHYF) News

I fully understand $5 million cost you 9%, nobody is lending $$$ for free, with this type of news & potential this should have steady volume & be pennies close to a dime if not a nickle. I just trying to catch a wiff of the smell while the winds blowing.

Name Change from February 2024:

NEW YORK, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Publicly held Natural Harmony Foods Inc. (OTC: NHYF) (the Company) is pleased to announce today that, subject to FINRA’s approval, it will change its name to SYNBIO INTERNATIONAL INC. This new name signals the Company’s new strategic direction and better reflects its business operations.

The new name is a portmanteau of “Syn” (meaning “together”) and “Bio” (having to do with life), reflecting the Company’s dual strategy outlined below. In addition, for the brand mark, the Company has developed an interpretation of the rod of Asclepius, using a vine in place of the serpent.

I might as well spill the beans, THIS IS MY OPINION - The name they have chosen is SYNBIO INTERNATIONAL...And what did we learn from Global Financial from their website (anyone bother to go there?)

Global Corporate Finance is a private family office that invests in both public and private companies across the globe. The firm specializes in investments in early-stage, growth capital, acquisition, IPO financing, and emerging market micro and mid-cap companies. The firm is industry and geography agnostic and focuses on investments in North America, the European Union, and the Nordic region.

We collaborate with a consortium of aligned family offices across three different continents.

We specialize in investments in early-stage, growth capital, acquisition, IPO financing, and emerging market micro and mid-cap companies.

They don't do this for a 9% discount to market price...

I think Fink has this one right, "we have a good partner"
Dilution occurs when someone sells stock into the market and those are shares that previously were not in the market.

Global Corporate Finance Inc. ("GCF"), a private family office located in New York City with relationships to other private family offices on 3 Continents, I don’t think most understand why that is important.

Global is putting up $5 mil of their cash for the following transaction:

The Securities Purchase and Subscription Agreement will enable the Company to draw up to US$5,000,000 at its discretion over a period of 30 months. In return for each drawdown, the Company will issue common stock at a discount of 9% to the Company's average daily volume weighted stock price during the five (5) consecutive trading days immediately preceding the date of the Company's drawdown request.

If you know a bank, that will put up $5 million in unsecured loans, please contact the company. A company with no revenue. And think about what Global is doing, they are putting up money that will convert into shares at a 9% discount to the market. Getting a cash line of credit for a 9% interest rate isn’t happening right now and again, there is NO bank that would agree to that deal.

The funds will be used to launch the first of the Company's nutraceutical products; the acquisition and development (subject to due diligence) of AI-based intellectual property; and general working capital, including up-listing the Company to OTCQB status as quickly as possible.
On Global’s website they state that they invest in early-stage companies where they perceive the company has the opportunity to have substantial growth. Did you expect the $5 mil to be a donation? With no current revenues, how was the company supposed to pay them back?

And Private Family Offices, do NOT invest for a 9% gain. NO Shares will be sold down here, IMO.

Nice

doubt that

Then they will just live with "NHYF"

name change out on FLSOS $NHYF name change out on FL SOS pic.twitter.com/0JbN1RPCcn— i_like_bb_stock (@thommic) July 15, 2024

Huh odd trade?

I've never heard anyone say or think dilution is a good deal, but I guess it's a 1st time for everything

I've never heard anyone say or think dilution is a good deal, but I guess it's a 1st time for everything

We didn't even know what this company was not long ago, but iam really excited to hear some AI medical news

9% discount to the lowest bid price on a few days. Not a bad deal for dilution.
It's usually a 60% dis point on the previous 30 days closing bid price.

Ya gotta admit, we got a good partner deal.

Yeah that's the hard thing because when we see what's coming everyone will be slapping

But some dilution will take place?

It means, this R/M play got some damn good funding.
Someone with deep pockets were sold on the story coming in.

Thats about all I know.,and synergy has a stake in this. So I'm staying in as long as they hold a position.

If I score a few to help my over all average, I will. But not gonna slap till I see more of where this is going.,

What's going on with this? "The Securities Purchase and Subscription Agreement will enable the Company to draw up to US$5,000,000 at its discretion over a period of 30 months. In return for each drawdown, the Company will issue common stock at discount of 9% to the Company’s average daily volume weighted stock price during the five (5) consecutive trading days immediately preceding the date of the Company’s drawdown request. The cost of securing the facility is considered to be appropriate for the transaction."

agree, I have enough, but I'm tempted too

On the Ask too!

Tempting to take a few

these 003s are going to look good for someone real soon, imo

And that was my point. Being vague does not include the terms "on the verge", "soon" or "imminent". Each of those have a definition.

Being vague is picking a larger landscape. Like, "we hope to have this completed in the 3rd qtr" or "we anticipate having this done within the _ quarter"- that gives you breathing room.

We "hope" or we "anticipate" are different than "on the verge", "soon" or "imminent".

I've invested with big board companies and they know the difference.

Your preaching to the choir.
They have to be vague due to liability. A bunch of silver tongue pusdies. Big Board CEOs too.

I've seen hard dates destroy a play.
If I were in their shoes, I'd say the most without saying much.
Like we're on it! And soon!

I've been wondering if it isn't capitulation?

OTC stocks are notorious for having shareholders who bought into the hype that this was going to $0.01 - $0.02 and when it didn't take them to $0.02 per share, which was assured. They dump and so that they can move to the next one that isn't working.

That said; I wish CEO's would be forced to take some basic English lessons. Stating on June 18th that we are "on the verge" - defined as "at the point when (something) is about to happen" and then 3 weeks later, only to find out that we apparently got stuck on the VERGE, is a classic example of not understanding how to set expectations.

It's the same thing when they misuse "SOON".

If Claudio had sad, "We hope to have the Annual and Quarterly Reports finished in July" that would allow him some room to come back and say, "due to the detailed nature of accessing information from the past, they should be completed in August". It's all about setting expectations and OTC CEO's (rarely) understand this.

Regardliess, my trust at this point is in Global Corporate Finance Inc. ($5mil fund) - Private investors will do their due diligence. They didn't get their money by throwing $5 mil out the window...

Still looks retail to me.
Someone wants out.

I might get $500 on the BID Friday if my other plays continue to trend up off their bottoms.,

They took out the BID then a courtesy flush with a sweet paint job to leave the bathroom fresh for us left behind.

I was BID sitting in two others today.
Missed it.

Some action today

Good AI news and we are off to penny land

More volume than usual this morning….but on the wrong direction!

The shareholders are waiting Claude!!

That bid seems like it finally got its fill

Maybe it’s time?

Who was pumping this?

It’s been as quiet as a trip double zero could be, for a while.


All greats signs

When I grow up, I want to be a toxic funding guy on the OTC for everyone to hate.
I always thought the true scams get 60% discount to the lowest bid on a 30 day cycle?
Your much to kind.

But I ageee, this is one hell of a deal. It says someone with smarts likes the story.

I wish I could BID sit, but got a few other otc PoS out there tanking looking for my dry powder.
This is one of my biggest holds too.

$NHYF - things to like about this stock:

1) the company is taking steps to be a legitimate entity. OTCQB is a step in that direction.

2) the "Private Family Office" which put up the $5 mil didn't make the investment as a convertible note. When the company "draws down" money Global gets a 9% discount to the previous 5 days trading average. IF, this were a scam they would have set this up as a convertible note and would be getting shares at a steep discount in the 20% to 30% range. Then they could dump shares, drive down the price, and convert more shares at a discount and repeat until they were done. GLOBAL didn't do that. It is a sign of a legitimate investment.

3) the posters pumping this, don't pump this anymore. Note the "tone" of their previous posts and the time lapse between posts. They are gone, look up their profile, and they've moved on.

Sell or be patient. It's your call. Some of those pumping this might have sold and left the house. I've been buying, not because of them but because I think they've left the stock.

Nice little love today. Imagine a few 20m volume days?

REGs on US Securities are among the most relaxed in the financial universe. I spent decades helping raise funding for US startups.

Foreign investors would NOT invest in US companies unless they were on NYSE or Nasdaq and even then they considered them to easy going.

I had a deal we were putting together for funding on an OTCQB from someone in the Middle East and his advisors INSISTED that we get a listing on the AIM in London. NOTE: The AIM exchange is a cross between our OTCQB and Nasdaq with one BIG exception. NO SHORTING. The representative described the US Securities Markets as one big Gambling operation.

I'm not asking anyone to agree with that assessment, but that is the view of the US Markets from outsiders.

The Supremes decide in a broader context, as they should. If Congress is too f'n lazy to write laws with enough details they shouldn't shluff it off to some arrogant unelected A-hole.

Better yet, if they do the sonic booms there are laws already on the books about noise. Sue them for disturbing the peace, like 50 cities all together. And don't settle for a slap on the wrist.

Hard to say. It effects me. I age out next year as a commercial pilot. I'm healthy as shit.
Why should some non government agency in SFO determine the one weekend Red Snapper season in Alabama?
Man, I could go on about some, but some are good. Like who wants to hear sonic booms all day?

Who said my car must get 50+ mPG?

Do we want Congress sticking their nose in the DTCC business. Most in Congress had no clue what that is. Or MMs
Torn.

Hey fink
Do you think the Supreme Court decision to reign in the regulatory state will affect penny stocks?
Anyone?

Friday!

We might see the following first:

1) Audited Financials
2) Application to OTCQB
3) Application for Name / symbol change

NOTE: on October 21, 2023, the Company entered into a Securities Purchase and Subscription Agreement with Global Corporate Finance Inc. -The Securities Purchase and Subscription Agreement will enable the Company to draw up to US$5,000,000 at its discretion over a period of 30 months.

- that means that 8 months have passed...so it's not going to drag on for a lot longer.

Sometimes CEO's may get excited for reasons we don't understand. It is possible that any company willing to join us on this journey would have stipulated that they had no intention of joining an OTC Pink? Private lenders will NOT invest in OTC Pink. So, it might be a bigger deal to complete the 3 items mentioned above, prior to our getting news. As usual, just a guess.

I keep going back to the fact, Ben used to be in the Medical space before he got into hustling stock shells. So long as he is a shareholder in this, I'm in.

And his medical legal background is probably an assest to the NewCo going forward.
I'm sure he's going to do what ever is necessary to get this up and rolling.

Indeed

Never know really, what comes next

It's all on the Company shoulders now.

You'd think with the amount of time it took to do all this house cleaning to the shell, the Company story had been progressing and ready with a basket of updates.

I pray not all at once too, bleed out updates like every 3 days. LOL

0055 was on ask this morning, we just need to break 006

It's all about the next update and Bid sitting.

Here’s to the start of a great week!

Need real AI news that's probably it

Hope that buying picks up!

the 1,689,000 bid at .0038 appeared to be a decent order, it was only for $6k+ but still not the small orders under 500k shares.

Looked like some light loading

nice bid at .0038 - someone looking for an early Christmas...