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Same. I have some at .20
If it goes below .19 I will likely pick some up.
The private offering is at .20 and the warrants that go with it are at .30 so it seems like a no brainer to pick some up below .20
Let me know what you end up doing.
cheers.
nope, nice fib pullback here though.. Looks fine imo.
Hey MAC.
Are you still in this?
China is obviously a huge consumer of food and agriculture moving forward. This is a huge step for FSH to create a huge market in that part of the world.
Nice revenue aswell.
Great news and development. This could lead to a big contract once the pilot project is deemed viable and profit feasible.
AgriMarine Exports Pacific Salmon Eggs to China
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 7, 2012) - AgriMarine Holdings Inc. (TSX VENTURE:FSH)(OTCQX:AGMHF)(FRANKFURT:A2G) (the "Company" or "AgriMarine"), a leader in floating solid-wall containment technology and production for sustainable aquaculture, is pleased to announce that it has exported 1.5 million Pacific salmon ova to its 100% owned hatchery in Benxi, China. The ova came from genetic stocks that have been selected for their high growth performance and are federally-certified and pathogen-free. It is estimated that the potential value of these fish in China will be over $20 million when they reach market size in 2013 and 2014.
In order to accommodate the Company's largest shipment to date of Canadian salmon ova, AgriMarine recently completed Phase 2 of its plan to modernize its hatchery. With the installation of new Recirculating Aquaculture System (RAS) technology, the Company will be able to expand its smolt production capacity to 5 million annually through greater efficiency in the use of its already impressive ground water resources. This modernization lays the groundwork for future increased salmon harvests and puts the Benxi hatchery on par with the latest hatchery technology anywhere in the world.
"Despite world-wide salmon price volatility in the markets in 2011, we are still seeing strong demand for our locally produced, fresh and frozen fish products, which are free of import tariffs, duties and transatlantic transportation costs," remarked Richard Buchanan, President and CEO of AgriMarine Holdings. "We have a progressive, planned approach to increase fish production in our Chinese farms as we focus our efforts into growing distribution channels."
AgriMarine's strategic position in China makes it the leader in local salmon production. The next salmon harvest is scheduled for Q3, 2012.
About AgriMarine Holdings Inc.
Canadian-based AgriMarine is an aquaculture technology company engaged in the development, commercialization and licensing of proprietary solid-wall closed containment systems for the rearing of finfish. The Company utilizes its innovative, clean technology to rear salmon and trout in its farms in China and Canada. The AgriMarine System can be applied worldwide in warm or cold climate conditions, in oceans, reservoirs and lakes. The AgriMarine System addresses sustainability issues in finfish aquaculture, creates an optimal fish rearing environment, offers a better farm management system with added environmental benefits and meets consumer and retailer demands for sustainable aquaculture.
AgriMarine Signs Letter of Intent With Marine Harvest (Norway) - A Leading Salmon Producer Worldwide
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 14, 2012) - AgriMarine Holdings Inc. (TSX VENTURE:FSH)(OTCQX:AGMHF)(FRANKFURT:A2G) (the "Company" or "AgriMarine"), the leader in floating solid-wall containment technology and production for sustainable aquaculture, is pleased to announce that its subsidiary, AgriMarine Norway AS, has signed a Letter of Intent with Marine Harvest ASA ("Marine Harvest") for a demonstration site using AgriMarine's core technology to increase salmon production capacity up to 1 kg. Under the terms of the proposed demonstration project, AgriMarine's solid-wall, floating closed containment tank would be tested and adapted for the production of salmon in Norway. A successful demonstration of the AgriMarine System may result in a Definitive Agreement with Marine Harvest in the near future.
Geir Spiten, President of AgriMarine Norway, said, "We are confident that the Letter of Intent is the first step in establishing a business relationship with Marine Harvest aimed at the commercialization of AgriMarine's technology for sustainable aquaculture in Norway. This new project follows previous announcements of two other projects in conjunction with Norwegian salmon companies that aim to demonstrate the economic benefits of the AgriMarine System over conventional net cage systems."
Cato Lyngoy, Group Technical Manager Technology & Environment, Marine Harvest, said, "We look forward to working with AgriMarine to establish the first application of the AgriMarine System in Norway during the current production year. Our objective is to test AgriMarine's technology to support semi-contained postsmolt production of fish up to 1 kg."
"Establishing a strategic relationship with a recognized industry major and receiving industry validation is a priority for AgriMarine's management. Marine Harvest is the world's largest farmed salmon producer and we are confident of the benefits that our system will bring to the industry," added Mr. Spiten.
About AgriMarine Holdings Inc.
Canadian-based AgriMarine is an aquaculture technology company engaged in the development, commercialization and licensing of proprietary solid-wall closed containment systems for the rearing of finfish. The Company utilizes its innovative, clean technology to rear salmon and trout in its farms in China and Canada. The AgriMarine System can be applied worldwide in warm or cold climate conditions, in oceans, reservoirs and lakes. The AgriMarine System addresses sustainability issues in finfish aquaculture, creates an optimal fish rearing environment, offers a better farm management system with added economic and environmental benefits and meets consumer and retailer demands for sustainable aquaculture.
Ok. Lets get this show on the road.
I will be posting and updating all the newest and most relevant info non FSH.
Good luck to everyone who may be reading this board.
AgriMarine Report from Chinese Operations
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AgriMarine Participates in Premier Clark's Trade Mission to China
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AgriMarine is in the business of producing fish sustainably in its proprietary, solid-wall closed containment systems.
AgriMarine Holdings Inc. is a Canadian publicly traded company (TSX Venture Exchange: FSH; Frankfurt Exchange: A2G, OTCQX: AGMHF). The Company has developed a new farm management system with the intent of providing solutions to the issues that the fish farming industry faces, with the aim of moving the industry forward and expanding globally.
AgriMarine is currently commercializing its proprietary technology for the rearing of fin fish, specifically salmon, trout, yellow croaker and potentially other species such as tuna, in order to satisfy the global demand for sustainable seafood production.
AgriMarine has proven the economics of its new system in freshwater at it fish rearing facility in China, where successful rearing, harvesting and sales to the market are currently occurring. The Company has recently deployed a commercial pilot, with the intent of proving the economics and viability of this system in a marine environment, at its Campbell River facility in British Columbia.
From fish production to licensing, AgriMarine will also expand through strategic partnerships and joint ventures.
Our business model integrates all aspects of sustainable fish production, from providing fish stocks through consumer markets, in an ecologically sound production environment, utilizing our proprietary closed rearing system technology.
Our Technology
AgriMarine has developed proprietary technology that makes us the leader in advanced aquaculture practices.
AgriMarine's solid-wall containment systems are uniquely designed to float in inter-tidal regions or fresh water bodies, removing organic waste and using pristine rearing waters supplemented with oxygen to provide control of the fish culture environment.
Key benefits include:
Our goal is to offer a sustainable and economical solution with a minimal environmental footprint.
Innovative Solid-Wall Containment Technology
AgriMarine's solid-wall containment technology was developed to solve many issues faced by traditional fish farming practices that are used worldwide. AgriMarine's system reduces local nutrient pollution of the receiving water systems through the capture of waste feed/feces and facilitates improved feed conversions; mitigates environmental effects on wild fish through the prevention of escapes and avoids proximal contaminations such as marine parasites.
Investment Highlights
• Unique advanced technology poised to become the industry standard |
• System provides a more sustainable way to farm fish |
• $11 Billion worldwide salmon farming industry |
• Experienced management team in aquaculture, financing |
• Potential applications for other warm water fish species such as tuna |
• Comparable cost of production to existing industry |
• Proven technology with harvests and sales |
• No competition in the aquatic closed containment space |
• Fastest growing food production sector in the world and huge consumer market |
• Solid strategy for penetrating the Chinese market |
• Land and water rights in China, through wholly-owned subsidiary |
• Environmentally sustainable |
• Meets or exceeds proposed aquaculture standards |
Sustainable Products
Our systems are designed to produce environmentally sustainable aquaculture products such as trout, salmon, tuna, and yellow croaker.
AgriMarine is at the leading edge of a 'disruptive' transformation of one of the fastest growing agribusinesses in the world.
Consumers all over the world are demanding a transition into closed containment aquaculture. All major food retailers are moving toward sustainability, which opens up a billion dollar market for our products. The industry is at the cusp of an enormous shift and AgriMarine is poised at the leading edge of this transformation, providing a better way to farm fish
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