Natural Harmony Foods Inc (PK) (NHYF) Quote

Be nice to close into the weekend in the 6s

Been buying IG&PK for the Q2 and CEO interview.
Maybe that Symbol/Nane change event.


Best I can do in here is hold for their next string of events. I want to see this develop into a killer R/M play like years past.

They need to sell me on a realistic market cap compared to what we have now.

Hit that ask!
Oik Oik...
lol

I'd be 60% discount to the previous 45 day closing BID price.
But I'm a pig

It's probably the biggest reason we have a solid story in here.
I guess the cats out of the bag?

$NHYF - There is a lender (GCF) who is willing to take shares in return for their cash at a 9% discount to the average of the previous 5 days.
I guess the question is this, would you do the same? Would you take shares at a 9% discount to what you paid?

You wouldn't, because you would want more and so does Global Corporate Finance. (Sea World investors excluded, i.e. flippers)

This is going higher. imo

$NHYF onward and upward $$

Nice news lately.

Insiders, friends and family getting a few pre take off shares. This is not retail penny stock players buying

I still got dead money sitting on the BID thinking this would pull back hard. NOT!

Yea

Nice to see more than twice the 10 day average already this Thursday morning.

We’re on

GM!

Hoping so too!!

nice to see some buying hopefully we see pennies soon

You lit the fuse today.

I normally use AON Bid sitting in these low to no volume plays.

The accumulation looks good today.
FOMO?

The company indicated in this tweet; We’ve now registered Synbio International Inc with the authorities in Florida. Just waiting on FINRA to approve the new ticker before using our new name. New name, new funding, new business.

AND more importantly this one: The audits for 2022 and 2023 have now been finalized. This enables us to access funding, which will trigger a cascade of operational activities that we have been eagerly planning for some time.

The statement that "This enables us to access funding" is the key statement from yesterday. They can't access the $5mil draw without this happening.

I picked up some $60 of those dumps...but in each case they dumped below me leaving my order intact.
Someone is getting fed some shares. imo

Right? None of it makes sense but go for the person who scooped the 3s

Selling this morning is wild

OTC Markets lists this firm as the accountanting/auditing firm under service providers, so I'll assume they performed these audits. I did some reading on their website, and they seem to be legit, which I'm happy to see. No red flags for me yet and I hope it stays that way.

http://www.theaccellgroup.com/

The audits for 2022 and 2023 have now been finalized. This enables us to access funding, which will trigger a cascade of operational activities that we have been eagerly planning for some time. A press release providing further details will be issued soon.— Natural Harmony Foods Inc (@NHYFofficial) July 23, 2024

Seems like it could start here…

Let’s have a good day!

I'm wondering if this has any more ability to dip lower than .003
A bunch of lame $30 dumps today weak
Who does that??

;))))))

Enough hints so far to say, this isn't a "penny" deal. IMO

We’ve now registered Synbio International Inc with the authorities in Florida. Just waiting on FINRA to approve the new ticker before using our new name. New name, new funding, new business. Looking forward to building value for the long-suffering shareholders of NHYF.— Natural Harmony Foods Inc (@NHYFofficial) July 23, 2024

Let’s go! Finally

Updates make my pee pee hard

We’ve now registered Synbio International Inc with the authorities in Florida. Just waiting on FINRA to approve the new ticker before using our new name. New name, new funding, new business. Looking forward to building value for the long-suffering shareholders of NHYF.

The audits for 2022 and 2023 have now been finalized. This enables us to access funding, which will trigger a cascade of operational activities that we have been eagerly planning for some time. A press release providing further details will be issued soon.

X updates on the NHYF account. Balls about to get rolling. LFG

Agreed

any day now ?

Many of us live under that dark cloud.

I've punched out in 3 this year. Missed out on a few 100%+ runs getting out due to disgust and boredom

I thought I was the only one that happened to.
lol

Someone got out yesterday.

Thats usually a good sign. Don't these run 3-800% the day after you give up and exit?

They do for me. LOL

This one has been a snoozer, have to be close

Synbio International Name Change

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

Then tell me how this one is bad...

Dilution for a penny stock is usually always bad for shareholders

The dilution has two descriptions: (I'll keep it simple) 1) good and 2) bad (excuse my sarcasm)
In your original statement, you said: "I've never heard anyone say or think dilution is a good deal"

Apple, Google, Nvidia, Microsoft, Amazon, Meta...ALL DILUTE their stock. But the purpose of the dilution is what matters. Their stocks don't crumble if the investors/shareholders believe the "dilution" will be good for the company and subsequently for the stock they own.

I think the "dilution" to NHYF (SYNBIO) will be good for the company and for us. They can't walk into any bank with no revenues and get a loan. Global has bought into their business plan and are willing to lend at 9% discount for stock!! Not for money and that's a pretty big vote in my opinion.

I think that this is the first time, in our CEO's life that he's had to deal with Audited Statements, in the US. Every CEO I've met over the last 4 decades has said that's it's unlike any experience. First you get "Auditors" who have been certified by the SEC to perform Audits on Publicly held companies. You can't go to H&R Block, you have to go to someone who has been tested and certified to do these and comply with SEC requirements.

When they are done, you have to send it to your Corporate Attorney (also certified to handle Public Companies) who understands the requirements. Then if you have Board Members they also have to sign off on it. If any of the parties has a question, the process starts all over again. The first Audited Statements are killers. You have a company which was dead for 8+ years and everyone is really careful to make sure that there are no surprises.

Subsequent Audited Statements will get easier, the first ones are a pain. I left out OTC Mkts, they will review the Statements with a fine toothcomb, NO ONE in this process wants to find out later, that they overlooked something.

The company said they are on the verge of being able to file these. That was a month ago, all that tells us is that they are new to this and like everyone before them, they will learn from this experience. Patience is required.

I think that filing with the SOState for a name change, indicates we are closer. The Steps for a Name Change are:
1. File a name amendment with the state of incorporation
2. Notify the IRS
3. Update permits and licenses

The SEC/Finra accepts that the Licensor of the Business Permit (the State) has verified that the company is not using a name that is misleading, similar nor infringes upon another company's rights.

Most importantly, IMO, is that I think all of the changes (OTCQB listing, etc) was part of the agreement between NHYF and Global - I've never met a funding source who puts up money for OTC Pink Current unless it's a convertible loan and they plan on huge discounts for the conversion and then dumping that stock.

The Global funding conditions are not like that. Until I see Global act differently, this is not a 1 or 2 penny play. imo

The spread seems even bigger

Light the wick already !

"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" explain if this statement of issuing stock means dilution?

Agree, and you make some very good points.

I also believe the name change is PR worthy, so I hope we hear something from the company soon. Perhaps they are waiting for a ticker change and/or audited financials before further communication?

I was responding to your post, "I've never heard anyone say or think dilution is a good deal, but I guess it's a 1st time for everything."

I was surprised that someone might think this was "dilution", or imply that it was.

9% is a gift to shareholders along with the company saying "we are not contemplating a reverse split, as it would adversely affect our funding facility". So the lender, beside providing 9% interest in the form of shares in lieu of repayment (cash), doesn't want to wipe us out.

Someone share with us, all of the deals where you see this happening? I'd like to buy shares in any deal like this!!

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