Nu-Med Plus Inc (OTCMKTS: NUMD) is making an explosive move northbound after the Company filed an 8k whereby the Company had executed a change of control and the new controlling shareholder Mr. William Hayde was appointed President, Chief Executive Officer, Director and Chairman of the Board.
Mr. William Hayde is vice president and cofounder at Intercontinental Beverage Capital and managing director at Waterside Capital Advisors, Inc. and the Interim Opportunity Fund. Intercontinental Beverage (IBC) is a Global Advisory and Investment Firm focused on functional beverages, food, consumer package goods, wellness and wellbeing, and new technologies impacting these industries. He is a seasoned executive with big time Wall Street connections.
Reverse merger SPACS can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars. Two recent RM runners that stand out are TSNP which went from sub pennies (where we first wrote about it) to several dollars per share. The other is HRBR which went from a few cents (where we first wrote about it) to $3 plus. NUMD is a fully reporting OTCQB Company with just $255,000 in liabilities and the perfect merger candidate. The stock has certainly not disappointed so far running over 80% on Tuesday alone, the stock has a history of big moves running well over $1 in summer 2021.
Nu-Med Plus Inc (OTCMKTS: NUMD) operating out of Salt Lake City, Utah is a fully reporting OTCQB Company with just $255,000 in liabilities and the perfect merger candidate. Prior to the merger NUMD operated as a medical device company which investigates and develops applications and devices for nitric oxide in the medical field.
On September 13 NUMD filed an 8k stating that on September 12, 2022, Jeffrey L. Robins resigned as President, Chief Executive Officer, Director and Chairman of the Board and Dr. Brett J. Earl resigned as a director. The Corporation has appointed Mr. William Hayde as the President, Chief Executive Officer, Director and Chairman of the Board.
Mr. Hayde has been granted an Employment Agreement with the Company. The Company has also authorized the issuance of 2,000,000 shares of restricted common stock be issued to “The Hayde Family Revocable Trust.” These shares were part of an agreement with Waterside Capital Advisors, Inc. and 250,000 shares were authorized to be issued at the end of each quarter for services.
These shares represent eight consecutive quarters of services and are due and issuable. The Corporation has also entered into a new Employment Agreement with Mr. Keith L. Merrell, who serves as the Corporations Chief Financial Officer, this Agreement will replace the previous agreement entered into on January 31, 2018.
