CryptoNewsBreaks – Nate’s Food Co. (NHMD) Announces 27% Reduction in Issued and Outstanding Shares
Nate’s Food Co. (OTC: NHMD) today announced that its officers and directors have unanimously agreed to cancel 1 billion common shares, representing a 27% reduction in issued and outstanding shares. According to the update, of the total 1 billion shares approved for cancellation, 500 million common shares have already been successfully cancelled. The process is currently underway to cancel the remaining 500 million shares through the company’s transfer agent. The move to cancel the common shares is part of Nate’s Food Co.’s strategy to optimize its capitalization, streamline operations and position for possible joint ventures or acquisitions. To view the…





