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Natural Harmony Foods Inc. Completes Financial Audits for 2022 & 2023

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Natural Harmony Foods Inc. (OTC: NHYF) has completed financial audits for 2022 and 2023, marking a significant step in corporate governance. This achievement will help remove the company's shell status and support its OTCQB listing aspirations. The audits enable NHYF to file S1 Registration Statements and access initial funding under a Promissory Note Agreement.

The company plans to allocate funds primarily to launch its nutraceutical products through e-commerce, supported by a comprehensive marketing strategy. Additionally, NHYF will advance due diligence on its clinical medical technologies, particularly a facial analysis technology for PTSD identification. The company has registered Synbio International Inc. in Florida and awaits FINRA approval for a new market ticker.

Natural Harmony Foods Inc. (OTC: NHYF) ha completato le verifiche finanziarie per il 2022 e il 2023, segnando un passo significativo nella governance aziendale. Questo traguardo aiuterà a rimuovere lo stato di shell della società e a supportare le sue aspirazioni di quotazione sull’OTCQB. Le audit consentiranno a NHYF di presentare le dichiarazioni di registrazione S1 e di accedere a finanziamenti iniziali tramite un accordo di Nota di Prestanzo.

L'azienda prevede di destinare i fondi principalmente al lancio dei suoi prodotti nutraceutici attraverso il commercio elettronico, supportato da una strategia di marketing completa. Inoltre, NHYF avanza la due diligence sulle proprie tecnologie mediche cliniche, in particolare su una tecnologia di analisi facciale per l’identificazione del PTSD. La società ha registrato la Synbio International Inc. in Florida e attende l'approvazione della FINRA per un nuovo ticker di mercato.

Natural Harmony Foods Inc. (OTC: NHYF) ha completado auditorías financieras para 2022 y 2023, marcando un paso significativo en la gobernanza corporativa. Este logro ayudará a eliminar el estado de shell de la empresa y apoyará sus aspiraciones de cotización en OTCQB. Las auditorías permitirán a NHYF presentar las Declaraciones de Registro S1 y acceder a financiación inicial bajo un Acuerdo de Pagaré.

La empresa planea destinar los fondos principalmente al lanzamiento de sus productos nutracéuticos a través del comercio electrónico, respaldado por una estrategia de marketing integral. Además, NHYF avanzará en la debida diligencia sobre sus tecnologías médicas clínicas, particularmente una tecnología de análisis facial para la identificación de PTSD. La empresa ha registrado Synbio International Inc. en Florida y espera la aprobación de FINRA para un nuevo ticker de mercado.

내추럴 하모니 푸드 주식회사 (OTC: NHYF)는 2022년과 2023년 재무 감사가 완료되었으며, 이는 기업 거버넌스에 있어 중요한 이정표가 됩니다. 이 성과는 회사의 셸 상태를 해소하고 OTCQB 상장 희망을 지원하는 데 도움이 될 것입니다. 이번 감사로 NHYF는 S1 등록 신고서를 제출하고 약속어음 계약에 따라 초기 자금 조달에 접근할 수 있습니다.

회사는 자금을 주로 영양학 제품의 전자상거래 출시에 배정할 계획이며, 이를 위해 포괄적인 마케팅 전략을 지원합니다. 또한, NHYF는 PTSD 식별을 위한 안면 분석 기술을 포함한 임상 의료 기술에 대한 실사를 진행할 것입니다. 회사는 플로리다에 Synbio International Inc.를 등록하였으며, 새로운 시장 티커에 대한 FINRA 승인을 기다리고 있습니다.

Natural Harmony Foods Inc. (OTC: NHYF) a terminé les audits financiers pour 2022 et 2023, marquant une étape significative dans la gouvernance d'entreprise. Cet accomplissement aidera à supprimer le statut de shell de l'entreprise et à soutenir ses aspirations en matière d'inscription au OTCQB. Les audits permettent à NHYF de soumettre des déclarations d'enregistrement S1 et d'accéder à un financement initial dans le cadre d'un accord de billet à ordre.

L'entreprise prévoit d'allouer des fonds principalement au lancement de ses produits nutraceutiques via le commerce électronique, soutenu par une stratégie marketing complète. De plus, NHYF va avancer dans la due diligence de ses technologies médicales cliniques, en particulier une technologie d'analyse faciale pour l'identification du PTSD. L'entreprise a enregistré Synbio International Inc. en Floride et attend l'approbation de la FINRA pour un nouveau ticker de marché.

Natural Harmony Foods Inc. (OTC: NHYF) hat die finanziellen Prüfungen für 2022 und 2023 abgeschlossen, was einen wichtigen Schritt in der Unternehmensführung darstellt. Dieser Erfolg wird dazu beitragen, den Status der Gesellschaft als Shell-Unternehmen zu beseitigen und ihre Bestrebungen um eine OTCQB-Notierung zu unterstützen. Die Prüfungen ermöglichen es NHYF, S1-Registrierungsanträge einzureichen und unter einem Darlehensvertrag auf erste Finanzierungsquellen zuzugreifen.

Das Unternehmen plant, die Mittel hauptsächlich für den Launch seiner Nahrungsergänzungsprodukte über E-Commerce bereitzustellen, unterstützt durch eine umfassende Marketingstrategie. Darüber hinaus wird NHYF die Due Diligence für seine klinischen Medizintechnologien vorantreiben, insbesondere für eine Gesichtsanalysetechnologie zur Identifizierung von PTSD. Das Unternehmen hat Synbio International Inc. in Florida registriert und wartet auf die Genehmigung von FINRA für ein neues Markt-Ticker.

Positive
  • Completion of financial audits for 2022 and 2023
  • Progress towards removing shell status and potential OTCQB listing
  • Access to initial funding through Promissory Note Agreement
  • Plans to launch nutraceutical products via e-commerce
  • Advancement of facial analysis technology for PTSD identification
Negative
  • Current shell status may impact investor perception
  • Dependence on FINRA approval for new market ticker
  • Potential risks associated with entering the competitive nutraceutical market

Unlocking Funds to Accelerate Operations

NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Publicly-held Natural Harmony Foods Inc. (OTC: NHYF) is delighted to report the completion of its financial statement audits for the years 2022 and 2023. This accomplishment represents a significant advancement in the Company's corporate governance and will underpin its ongoing operations. It will also assist in removing its current shell status and lay the groundwork for its desired OTCQB listing.  

The audits will also allow the Company to file S1 Registration Statements and access initial funding under its Promissory Note Agreement, which will accelerate the implementation of long-standing operational plans.  

With a focus on revenue generation, the Company plans to allocate the initial funds primarily to the commercial launch of its nutraceutical products. A comprehensive marketing and sales strategy, including television and social media content, is in the advanced stages of planning. Initially, the Company’s focus will be on e-commerce in order to minimize costs and maximize market reach.

A portion of the initial capital will be allocated to advancing the due diligence phase of its clinical medical technologies, particularly its facial analysis technology for the objective identification of PTSD. Objective identification of mental health conditions has eluded professionals since the field's inception due to the subjective nature of psychological symptoms. An objective screening test will significantly aid in the early treatment of the condition.

The Company has registered Synbio International Inc with the State Department of Florida and awaits approval from FINRA for its new market ticker.  

Claudio Solitario

CEO and Managing Director Mr. Claudio Solitario said, "With the audits finalized and initial funding secured, we are poised to actively pursue initiatives that have the potential to significantly enhance shareholder value. The funding will allow the Company to formalize the relationships built over time and accelerate operational activities. This is an exciting period for the company with a new name, new funding, and new business opportunities on the horizon. I look forward to keeping shareholders regularly informed of progress.”

About Natural Harmony Foods, Inc.

Natural Harmony Foods Inc. (NHYF) aims to enhance patient outcomes and reduce healthcare costs by developing cutting-edge AI-powered methods to aid in the diagnosis of medical conditions. These methods enable early, accurate screening, contributing to quicker and more effective treatment. NHYF focuses on developing AI-based screening techniques for medical conditions, capitalizing on the growing role of AI in clinical practice. Additionally, NHYF acknowledges the thriving nutraceutical market's potential and plans to enter it for early revenue, benefiting from the growing emphasis on natural approaches and the demand for dietary supplements that offer potential health benefits beyond basic nutrition. The Company’s nutraceutical formulas are scientifically designed to nutritionally support the body’s inherent abilities to positively respond to health conditions and will address the needs of the great many people who are searching for natural remedies for their health and wellness. The demand for nutraceuticals continues to expand, creating a dynamic landscape for NHYF’s nutraceutical businesses to flourish.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Examples of forward-looking statements in this press include, among others, statements about our renegotiated settlement agreement. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our limited operating history; our dependence on third parties for many aspects of our business; general market and economic conditions; technical factors; the availability of outside capital; our receipt of revenues; legislative developments; changes in our expenditures and other uses of cash; our ability to find, recruit and retain personnel in sufficient numbers to support our growth; our ability to manage growth; and general market, economic and business conditions. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

For media and Investor Relations inquiries, please contact: ir@nhyf.net

X: @NHYFOfficial

Website: www.nhyf.net

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f3d1634-3f59-4f04-abf0-c39058f0c904


FAQ

What major milestone has Natural Harmony Foods Inc. (NHYF) recently achieved?

Natural Harmony Foods Inc. (NHYF) has recently completed financial audits for the years 2022 and 2023, which is a significant step in improving corporate governance and supporting its operational plans.

How will the completed audits benefit Natural Harmony Foods Inc. (NHYF)?

The completed audits will help NHYF remove its shell status, support its OTCQB listing efforts, enable S1 Registration Statement filings, and allow access to initial funding under a Promissory Note Agreement.

What are Natural Harmony Foods Inc.'s (NHYF) main business focus areas following the audit completion?

Following the audit completion, NHYF plans to focus on launching nutraceutical products through e-commerce and advancing due diligence on clinical medical technologies, particularly facial analysis technology for PTSD identification.

What changes is Natural Harmony Foods Inc. (NHYF) undergoing in terms of branding?

Natural Harmony Foods Inc. has registered Synbio International Inc. with the State Department of Florida and is awaiting FINRA approval for a new market ticker, indicating a potential rebranding effort.

NATURAL HARMONY FOODS INC

OTC:NHYF

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135.48M
Health Information Services
Healthcare
United States of America
Fort Lauderdale