Nate's Food Co. Announces A $8 Billion Aviation Fuel Joint Venture
Agreement
Huntington Beach, CA --
January 10, 2024 -- InvestorsHub NewsWire -- Nate's Food Co
(OTC:
NHMD) is thrilled to announce a groundbreaking joint venture
agreement for the sale of $8 billion in aviation fuel. This
collaboration, meticulously developed since December 2023, not only
underscores the company's strategic position in the energy and
commodities market, but also highlights the critical importance of
securing a consistent monthly supply of aviation fuel. While
securing buyers for commodities is commonplace, Nate's Food Co's
emphasis is on securing a consistent monthly supply which is a
crucial factor for contributing to sustained success.
This joint venture
involves a direct collaboration with a highly regarded refinery
allotment holder, ensuring us a reliable monthly allotment of up to
8 million barrels of aviation fuel. This commitment translates into
an annual supply of 96 million barrels, significantly bolstering
the company's growth trajectory and establishing a prominent
presence in the aviation fuel sector.
Nate's Food Co's CEO,
Nate Steck expressed his enthusiasm for this pivotal partnership,
stating, "This joint venture represents a remarkable achievement
for the Company as we solidify our position in the aviation fuel
market. The ability to maintain a consistent and substantial supply
of jet fuel empowers us to efficiently meet our clients' needs and
ensures our sustainable growth within the industry."
The company's next
strategic step is to obtain its own fuel storage tanks in
Rotterdam, Netherlands and Houstin, Texas. We have made substantial
progress in this regard, as our Joint Venture partner has
introduced us to tank farms, and we are in the process of securing
a tank storage agreement with a tank farm. The tank storage
agreement enables us to purchase fuel from our Joint Venture
partner and distribute it within our extensive buyer
network.
The Company can
potentially increase the monthly allotment under the joint venture
to meet any surging demand. The company plans to leverage this
newly secured supply chain to cultivate and engage potential buyers
for aviation fuel as part of the joint venture.
Nate's Food Co has
already established a vast network of buyer's agents who will
promptly initiate the sales process for the aviation fuel supply
under the joint venture agreement. The company's unwavering
commitment to delivering top-quality fuel and its ability to foster
robust relationships within the industry sets a promising stage for
this endeavor.
About Nate's Food Co (OTC: NHMD): Nate's Food Co is a
dynamic and forward-thinking company dedicated to providing
high-quality solutions to its clients, with a strong focus on the
commodity business.
Please
note that 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 that are not historical
facts, are intended to identify forward-looking statements. These
forward-looking statements involve 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 obligation to update the forward-looking statements contained in
this press release.
Please be aware that
while the Company believes that its 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 a number of business-related factors.
For more information:
Nate's Food Co.
Email:
nate@nateshomemade.com
Phone:
650-222-5141
