SouthCorp Capital Announces It Has Agreed to Provide $200,000 in Financing to Nate’s Food Co.
November 26 2014 - 9:00AM
Business Wire
SouthCorp Capital, Inc. (OTCQB:STHC) announced today that the
Company has agreed to provide $200,000 in financing to Nate’s Food
Co. (OTC:NHMD). SouthCorp Capital will provide the financing on a
non-dilutive basis against purchase orders of Nate’s Food. The
financing will allow Nate’s Food to begin manufacturing 200,000
cans of Nate’s Pancakes in anticipation of fulfilling purchase
orders. SouthCorp Capital has agreed to continue to fund up to
$3,000,000 in non-dilutive purchase order financing based on an
increase in purchase orders of Nate’s Food.
About SouthCorp Capital.
Southcorp Capital, Inc. is a Delaware corporation. The Company
focus is on the acquisition and renovation of single-family and
mutli-family properties in the U.S with the intent of reselling the
property after renovations have occurred. Our real estate
investments are expected to focus properties undervalued
and/or in need of some repairs.
Notice Regarding Forward-Looking
Statements in this press release which are not purely
historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. These forward-looking statements are made as of the date
of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate.
Contacts:SouthCorp Capital, Inc.Joseph
Wadeinfo@southcorpcapital.comwww.southcorpcapital.com
SouthCorp Capital, Inc.Joseph Wade,
661-418-7842info@southcorpcapital.comwww.southcorpcapital.com
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