Beverly Hills, California, Nov 26, 2014 (Filing Services Canada via Comtex) –
Beverly Hills, California (FSCwire) – 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 nsumerous 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.
SouthCorp Capital, Inc.