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Our projected harvest for 2024 is greater than 1 million lbs. over two harvests; however, this harvest is contingent upon receipt of sufficient financing. We did not have sufficient operating capital to produce a full harvest in 2022 and in the first half of 2023. In the event we are unable to secure sufficient financing, we will not be able to generate meaningful harvests, and in the event we are unable to generate meaningful harvests, our business will fail.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
Almost September now, shrimp grow season continues to expire as grps has yet to announce any shrimp being introduced to any pond.
Heck, there's been no announcement of ponds being cleaned and readied for a grow.
What is the 100 year experience shrimp team thinking?
Maybe, oh we suckered investors in with last years claim of growing two million pounds, now they are stuck, no need to bother with doing any work now,
shareholders can pay the salaries of the team that does no work!
Thoughts?
What would be prudent is to fire the alleged 100 year experience do-nothing shrimp team and demand that Thomas receive ZERO salary until he delivers a profitable year for shareholders! These knuckleheads have already missed almost SIX MONTHS of grow this season!
It is total embarrassment for anyone holding shares here!
Mr Granda grew more shrimp by himself before Thomas showed up here, almost a million pounds in five years, close to 200k pounds per year.
Thomas delivered about half that amount last year, with all the fat cat do-nothing board members.
Thoughts?
How many more years will investors have to wait for the "aggressive" ticker/name change? lol
Thoughts?
Recent trends in the shrimp industry, including that, according to preliminary 2023 data from the National Marine Fisheries Service, shrimp prices have dropped as much as 44% since 2022.
https://www.sec.gov/Archives/edgar/data/1990446/000168316824004837/transaqua_i10q-033124.htm#q1_009
Don't need no stinkin' shrimp. Adam and crew have their salaries set up for shareholders to pay!
It cost a couple million bucks to grow out a few hundred thousand bucks worth of shrimp last year.
The company can save money by NOT DOING ANYTHING this year!
Stuckholders are stuck.
sHAREHOLDERS CAN COVER THE COMPANY LOSSES.
Thoughts?
If we do not obtain additional financing or sufficient revenues, our business will fail.
Our current operating funds are less than necessary to fulfill our operating costs and we will need to obtain additional financing in order to continue our business operations. Although we are generating revenues, we are not generating net income.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
Cash and cash equivalents $ 0
https://www.sec.gov/Archives/edgar/data/1990446/000168316824004837/transaqua_i10q-033124.htm#q1_009
08/15/2024 09:30:00 0.0021 0.00 400 https://www.otcmarkets.com/stock/GRPS/quote
400 X $.0021 = $.84
Simple meth is too complex for crack addict! nyuk nyuk!
Do you think taa will plant shrimp in the ponds this late in the season?
Thoughts?
Are investors being set up for a news dump? Looks suspicious...
Is taa finally going to plant a crop, after missing five or six months of grow season?
Thoughts?
Ooooh, an $.84 buy took share price up 23%. Looks hinky to me. Thoughts?
You stated, "MM keep holding down PPS and swooping up shares, I don't know who's selling but something likely to happen soon"
Look at the trades, MMs aren't dumping hundreds of thousands or millions of shares at top prices, and then buying small batches, sometimes $.50 buys to bolster the price back up for the next dump.
MMs are not swooping up shares.
GHS has a financial incentive to sell our shares immediately upon receiving them to realize the profit between the discounted price and the market price. If GHS sells our shares, the price of our common stock may decrease. If our stock price decreases, GHS may have further incentive to sell such shares. Accordingly, the discounted sales price in the EFA may cause the price of our common stock to decline.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
GHS has a financial incentive to sell our shares immediately upon receiving them to realize the profit between the discounted price and the market price. If GHS sells our shares, the price of our common stock may decrease. If our stock price decreases, GHS may have further incentive to sell such shares. Accordingly, the discounted sales price in the EFA may cause the price of our common stock to decline.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
FIVE MONTHS of 2024 grow season have been wasted by the 100 year experience shareholder-funded grow team, and there's still no notification of shrimp in the ponds.
If Thomas had kept his "bi-weekly update" promise, investors would have been informed.
https://us8.campaign-archive.com/home/?u=01dfb61f85a9c964ad0da88ea&id=386b62f57e
Such is scam.
Thoughts?
Shrimp farming is a seasonal business. On a calendar year basis, we typically use the broodstock to breed our larvae shrimp during the first quarter so that by spring the shrimp are held in large post-larvae tanks for development. Later, in early summer, the shrimp are transferred to ponds where they complete the grow out process over the next five to six months. This can vary if we have more than one cycle of shrimp. Grow out may begin in the second in the second quarter, with a second cycle grow out beginning in early summer. The first harvest cycle can occur in early fall with the second harvest cycle occurring in November or December. During 2023, we had one cycle and harvest occurred in early November 2023. During 2024, we have not stocked, nor have we had a harvest; however, we are in process of larval development with a planned stocking in August 2024.
https://www.sec.gov/Archives/edgar/data/1990446/000168316824004837/transaqua_i10q-033124.htm#q1_009
Looks like grps will spend another $2,000,000 to possibly grow $400,000 worth of shrimp as a token crop.
The 100 year experience shrimp team is slick-legging shareholders this year too.
Thoughts?
As of June 27, 2024, we had six full-time employees and no part-time employees.
Number of Workers Requested: 24
https://seasonaljobs.dol.gov/jobs/H-300-23305-472002
Golly gee, TAA has more directors than workers!
Thoughts?
during the three-months ended March 31, 2024, we reported a net loss of $261,873. As of March 31, 2024, our current liabilities exceeded its current assets by $3,750,007. As of March 31, 2024, we had $-0- cash. During the year ended December 31, 2023, we reported a net loss of $1,894,993. As of December 31, 2023, our current liabilities exceeded its current assets by $3,478,423.
https://www.sec.gov/edgar/search/#/q=grps&sort=desc
The 100 years experience board of derelicts once again missed the opportunity to "double crop" the cockroaches of the sea crop this year.
Must have been too busy spending their salaries paid by investors.
Now a hurricane is aimed straight toward the new flimsy construction.
It's going to cause more delay. Thomas hasn't even announced the ponds have been tilled or limed.
Looks like another "token" crop this year, at best!
Shareholders should open only fans or go fund me accounts to help defray losses.
Good thing the name/ticker change didn't happen, now the old page can be recycled again.
https://grpsinc.com/
We are currently in default of secured debt, which is currently in default, and, if the lender forecloses, you may lose all of your investment and our business would fail.
https://capedge.com/filing/1990446/0001683168-24-000447/GRPS-S1A
How much longer will Thomas continue to hide the business reports for last year(annual) and first quarter this year?
Has the shrimp scam run its course?
Remember back in 2022 Thomas promised TWO harvests totalling 2million pounds of shrimp but then delivered less than 150k pounds?
Shrimp would have hit the ponds in March if he was going to double crop this year so it looks like another weak-ass losing harvest is in store for this year.
Ha, maybe that's why no filings have been made?
Maybe that's why land payments have been delinquent?
But why would Thomas spend a year constructing that shed addition?
https://www.otcmarkets.com/stock/GRPS/disclosure
Thoughts?
Has Thomas been misrepresenting grps assets based on an "informal agreement" that appears to be in arrears?
Is non-payment of land acquisition duty a standard business practice?
Thoughts?
Our existing stockholders may experience significant dilution from the sale of our common stock pursuant to the GHS Equity Financing Agreement.
The sale of our common stock to GHS in accordance with the EFA may have a dilutive impact on our shareholders. As a result, the market price of our common stock could decline. In addition, the lower our stock price is at the time we exercise Puts, the more shares of our common stock we will have to issue to GHS to exercise a Put under the EFA. If our stock price decreases, then our existing shareholders would experience greater dilution for any given dollar amount raised through the offering.
The perceived risk of dilution may cause our stockholders to sell their shares, which may cause a decline in the price of our common stock. Moreover, the perceived risk of dilution and the resulting downward pressure on our stock price could encourage investors to engage in short sales of our common stock. By increasing the number of shares offered for sale, material amounts of short selling could further contribute to progressive price declines in our common stock.
https://capedge.com/filing/1990446/0001683168-24-000829/GRPS-S1A#k_025
Under the informal agreement, we estimate payments as follows: (1) $125,626.16 no later than February 5, 2024, (2) $154,749.12 no later than March 5, 2024, (3) $154,749.12 no later than April 5, 2024, (4) $154,749.12 no later than May 5, 2024, and (5) $464,247.36 no later than June 5, 2024. To date our lender has not provided any written notice of intent to foreclose, which is required under the terms of the note which allows for a 30-day bring current period before any formal action can be taken. Foreclosure is the sole remedy of the lender in the event of default.
In the event we are unable to make the estimated payments, the lender may foreclose and, in the event that the lender forecloses on the collateral secured by the loan, you could lose all of your investment and our business would fail.
https://capedge.com/filing/1990446/0001683168-24-000829/GRPS-S1A#k_025
Thoughts?
During the nine-months ended September 30, 2023, we reported a net loss of $1,322,480, and our current liabilities exceeded current assets by $2,959,448 at September 30, 2023.
https://capedge.com/filing/1990446/0001683168-24-000447/GRPS-S1A
"Mate the broomstick"? Goulding poking fun at investors beliefs again? lol
The issuance of shares pursuant to the EFA may have a significant dilutive effect.
Depending on the number of shares we issue pursuant to the EFA, it could have a significant dilutive effect upon our existing shareholders. Although the number of shares that we may issue pursuant to the EFA will vary based on our stock price (the higher our stock price, the less shares we must issue), there may be a potential dilutive effect to our shareholders, based on different potential future stock prices, if the full amount of the EFA is realized. Dilution is based upon common stock put to GHS and the stock price discounted to GHS’s purchase price.
GHS will pay less than the then-prevailing market price of our common stock which could cause the price of our common stock to decline.
Our common stock to be issued under the EFA will be purchased at a 20% discount, or 80% of the lowest traded price for our Common Stock during the ten consecutive trading days immediately preceding each Put.
GHS has a financial incentive to sell our shares immediately upon receiving them to realize the profit between the discounted price and the market price. If GHS sells our shares, the price of our common stock may decrease. If our stock price decreases, GHS may have further incentive to sell such shares. Accordingly, the discounted sales price in the EFA may cause the price of our common stock to decline.
https://capedge.com/filing/1990446/0001683168-24-000447/GRPS-S1A
DISAPPEARING LAND DEAL SCAM! That's why grps has NOT been making the land payments!
They've been using the land as a set prop just like a few years back when the hemp/water land disappeared and shareholders were left stranded waiting for next iteration of scam!
Act iii of financial tragedy is happening now.
Thoughts?
In the event we are unable to secure sufficient financing, we will not be able to generate meaningful harvests, and in the event we are unable to generate meaningful harvests, our business will fail.
In first three quarters 2023, grps spent over $1mil to raise $420k of shrimp, fourth quarter expense will be even more expenditure!
Why didn't grps PAY THE LANDOWNER?
tHIS SCAM IS FINISHED!
Thoughts?
Stuckholders DESPERATION becoming exposed! in January 2024, King’s Aqua Farm LLC filed a petition against TAA claiming damages of $250,000 to $1,000,000. Although we will be zealously disputing the petition, if we were to lose or have to settle the legal proceedings being required to pay within the range of damages claims, it would have a negative impact on our business operations.
https://capedge.com/filing/1990446/0001683168-24-000447/GRPS-S1A
Good mourning Pond Squatters. Goulding really set you up to lose again...
We are currently in default of secured debt, which is currently in default, and, if the lender forecloses, you may lose all of your investment and our business would fail.
https://capedge.com/filing/1990446/0001683168-24-000447/GRPS-S1A
If grps isn't making the land payments there is ZERO FUTURE for knucklehead shareholders.
We are currently in a legal dispute with King’s Aqua Farm LLC and, if we were to lose, it would have a negative impact on our business.
https://capedge.com/filing/1990446/0001683168-24-000447/GRPS-S1A
Maybe Monopoly money? Damn sure ain't getting paid. This turd could flush away at any moment.
You may experience dilution of your ownership interests because of the future issuance of additional shares of our common or preferred stock or other securities that are convertible into or exercisable for our common or preferred stock.
https://capedge.com/filing/1990446/0001683168-24-000447/GRPS-S1A
We are currently in a legal dispute with King’s Aqua Farm LLC and, if we were to lose, it would have a negative impact on our business.
https://capedge.com/filing/1990446/0001683168-24-000447/GRPS-S1A
Where is the missing 2006 document that will NEVER be found?
The last two items that we are pending right now is the confirmation of the trail of controlling directors since the inception of the company, which dates to 2006. Luckily there haven’t been too many control changes but finding an initial documentation from 2006 has been a bit of challenge.
https://us8.campaign-archive.com/?u=01dfb61f85a9c964ad0da88ea&id=19c7d7fe3a
RELEASE THE POND to PLATTER SOFTWARE RESULTS!!! Shareholders want to track sales.
Did any TAA shrimp end up in Tonga or Kyzyl?
Thoughts?
We are currently in default of secured debt, which is currently in default, and, if the lender forecloses, you may lose all of your investment and our business would fail.
https://capedge.com/filing/1990446/0001683168-24-000447/GRPS-S1A
Dog-faced pony-soldier LIES!
longmike2 Member Level
Re: MJ19 post# 58525
Wednesday, July 26, 2023 5:20:08 PM
Post# of 61835
Longs control 800 million
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172444472
longmike2 Member Level
Re: MJ19 post# 59807
Monday, October 02, 2023 7:00:47 PM
Post# of 61835
We are the longs…already owning 300 million shares.. no need to keep buying any more. Long term investors buy and hold. That’s all
Jughead Tonic is paid ..no doubt
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172945688
Please read my posts and make an effort to comprehend. Shooting off at the mouth is not becoming of you...
Try to keep up with your lies... lol
longmike2 Member Level
Re: MJ19 post# 58525
Wednesday, July 26, 2023 5:20:08 PM
Post# of 61835
Longs control 800 million
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172444472
longmike2 Member Level
Re: MJ19 post# 59807
Monday, October 02, 2023 7:00:47 PM
Post# of 61835
We are the longs…already owning 300 million shares.. no need to keep buying any more. Long term investors buy and hold. That’s all
Jughead Tonic is paid ..no doubt
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172945688
Please read Josh's posts, he has answered your questions. Get with the program.
Which Thomas lie is your favorite?
2mil pounds, 1.2mil pounds of shrimp? Or 140k pounds actually grown?
The lies about the never-happened 2023 shareholder meeting?
The lies about "aggressive" name/ticker change?
Up list lie?
There are so many...
Thoughts?
grps grew more shrimp than the fat kid down the block's mom grew, BUT IT WAS OVER 90% FEWER THAN THOMAS PROMISED, er TOUTED!
iT WAS ONLY A TOKEN CROP, smaller than crops of the previous five years, only purpose was try to make this scam appear real.
Only thing real around here are LOSSES, and losers willing to lie to try to recover losses...
Thoughts?