Nate's Food Co.
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- Nate's Food Co. Nate's Food Co. (OTC: NHMD) engages primarily in bitcoin mining operations, utilizing application-specific integrated circuit computers hosted in third-party data centers for cryptocurrency production; it also maintains a focus on licensing and distributing food products, including ready-to-use, pre-mixed pancake and waffle batter delivered in pressurized cans under the Nate's Homemade brand. Incorporated in Colorado on January 12, 2000, originally as Capital Resource Alliance, Inc., the company is headquartered in Huntington Beach, California, with a fiscal year ending May 31 and operations centered in the United States. In May 2014, it completed a reverse merger with Nate’s Pancakes, Inc., and adopted its current name, while a further name change to NHMD Holdings, Inc. occurred in May 2022 before reverting. The company targets cryptocurrency mining yields through co-located equipment, supplemented by food product licensing to distributors serving consumer markets for breakfast batters and related items. Recent strategic shifts include commencing bitcoin mining in late 2021 with initial 1,500 TH/s capacity, followed by acquisitions of additional mining units in 2023 set to activate by February; it also pursued aviation fuel joint ventures, securing a $8 billion supply agreement in January 2024 and a nearly $5 billion jet fuel purchase order. In September 2023, it announced a reverse merger and change of control via acquisition of JP Energy Group, a food jobber targeting Pacific Rim markets, alongside cancellation of 1 billion common shares to streamline capital structure; a charter amendment in 2024 prohibited reverse stock splits before January 2025.
Nate's Food Co. Secures Jet Fuel Purchase Order Valued at Nearly $5 Billion
Nate's Food Co. Announces an $8 Billion Aviation Fuel Joint Venture Agreement
Nate's Food Co. Successfully Obtains GACC Registration in China, Paving the Way for Contract Execution on Commodities
Nate's Food Co. Affirms Commitment to Shareholders: No Reverse Stock Split Until 2025
Nate's Food Co Successfully Completes Cancellation of 1 Billion Common Shares, Paving the Way for a Bright Future
Nate's Food Co. Announces Reverse Merger and Change of Control with JP Energy Group to Drive Global Expansion
Nate's Food Co Announces Common Stock Cancellation of 1 Billion Shares
Nate's Food Co. Declares Cash Dividend for Shareholders from Successful Bitcoin Mining Operations