Natural Harmony Foods, Inc. (NHYF.PK) Expects 2008 to Be a Better Year
Natural Harmony Foods, Inc. announced on Friday that the company has almost completed a three month due diligence and corporate clean-up process in order to prepare the company for new financing opportunities and to become a fully-reported public company. In a newsletter dated earlier this year the company mentioned that lack of funding continues to impede their advancements. Once the due diligence and corporate "clean-up" process is completed, the company will begin to prepare the documentation necessary to secure new financings. The company has reviewed several different financing alternatives and has decided that using a convertible debenture with certain rights…