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Who is the receiver? Can we bid on some of their junk in La Coste?
Those tanks are gonna be cut up and the building partially gutted. Recirculating water piping to be repurposed for the chilled water cooling. Mr Streetie is a damn genius and going to come out of this far better than he went in. There is a huge generator system going in. Really huge several megawatts measured in the 10s. Some big time power generating companies competing for the project.
The building is really ideal for this repurposing. The separate building design will allow the new use to be isolated in the event of fire
Streetie Fife is a very very smart man
Am I reading right that these guys spent $10 million on EC machines through some kind of sales agreement?
shrimp cooled servers?
The new guy has a deal in hand to convert the building into a data hub. SHMP is dust on the floor compared to what they are about to do with that building.
Oh, SHMP is DONE
Nice job from the new guy, right? Lol
I just figured out what this means. LOL
Lmao lies. You weren’t here now I know for sure because All in did NOT come before me. I knew you were full of shit lol. He first bought up in the teens and .20’s. Meaning you came LATE to the party as well and didn’t make shit here like me so sad really lol.
Post history tells the story you just didn’t look far back enough lol but you did find people that were here after me like All in nice try Diddy.
He simply got Shrimp scammed like all the rest that leave lol.
It has been 5 yeas, how much more time? Is this a buy now?
I invaded the cult . Bwaaaaaa. Undercover basher, Bwahaaaa. I wanted to believe so I joined the cult. That does not make me a believer
A white knight so to speak? That’s funny. Does Easterling not understand what receivership means? Or is he as dense as SG?
Streeterville saved their own “investment” in SHMP. That is all. If SHMP doesn’t fight the default and lets the receiver do his or her job, SHMP is done as a going concern. If SHMP tries to fight it, it’s BK baby. A distinction without a difference.
Streeterville has SHMP by the nads.
But you’re too dense to see that. Just like you think NoRide has still has IP and manufacturing capacity.
BWAHAHAHA!!!
Utah has been spotted knocking on doors for a suitor. No luck thus far.
Where's ole Utah these days? Hiding in a bunker? Or is he out of work now that the receiver is controlling the show.
I take your part of the cult if you’re in that group.
I take your part of the cult if you’re in that group.
Stop lying, YOU said BK and now Streeterville saved the day after being Schooled with the truth that I posted.
You post nothing but bullshit with a made up narrative to suit.
Please Stop lying.
IDK what your point is. I was here when AllIn was pumping the Nov 2018 pump from 1 cents to 5 cents. He sold his 5M and got very negative on shmp until late Jan when he was pumping and buying it again. I held the whole time.
Old Maxwell claimed he bought 100,000 shares. The cult continues to lose their money and pay old Easty. Lol. But old Maxwell loves losing, he still say goooooooood moooorning shrimpers. Bwahaaa
They are still tricking a few. The fb cult page has several posters thing a receivership is good for the company. Lol. The good morning clown still has his job, he is telling everyone have a great day, and the puppets follow. Bwahaaaa
Yep, growing shrimp indoors with their technology is highly uneconomic. That’s it, A financial disaster
Streetervillle is protecting the assets it expects the receiver to monetize in due course. That would include necessary maintenance AND paying the property taxes due to Hamilton County in September. BTW, the property tax bill for September is about $116K...a decent chunk of the $500K Streeterville allegedly advanced.
And given SHMP's typical monthly expenses for G&A and operations, the remaining $400K will be just enough to pay the wages of whoever looks after the place, and pay the utilities, insurance, etc.
Notice the complete lack of any reference to LaCosteUnknown, which, according to other posts, appears to have been all but shut down already.
SHMP is toast. The burnt, stinky kind. Not the tasty shrimp-toast kind.
DALLAS, TX, Sept. 17, 2024 (GLOBE NEWSWIRE) -- NaturalShrimp, Inc. (OTCQB: SHMP) (the “Company” or “NSI”), a Biotechnology Aquaculture Company that has developed and patented the first seafood-focused commercially operational RAS (Recirculating Aquaculture System), today announced that, despite recent litigation, it has entered into discussions with Streeterville Capital, LLC (“Streeterville”) to resolve current issues, including the litigation, and to continue growing and expanding the production of the Company’s sushi grade shrimp.
Notwithstanding the litigation in Utah, the principals of both the Company and Streeterville seek a resolution that works for both companies. In this respect, prior to the filing of the lawsuit, representatives of Streeterville toured the Company’s Webster City Facilities in Iowa and were impressed enough by the technology and the work of the Company’s employees that Streeterville agreed to and did enter into a Line of Credit Agreement totaling up to $500,000. Since the initial funding under the Line of Credit, Streeterville has continued to advance funds to NaturalShrimp to cover operational costs.
Rather than shutting down its operations in response to the litigation or seeking protection under U.S. Bankruptcy Laws, Gerald Easterling stated that a better alternative is to continue seeking an amenable solution with Streeterville. Over the long term, the Company seeks to increase its production, grow its shrimp and expand its operations and ultimately uplist to a national exchange.
https://markets.businessinsider.com/news/stocks/naturalshrimp-inc-continues-production-despite-setbacks-1033778435
If that little press release didn't bring the price to one penny, the fat lady must be singing.
SHMP appears to have shut down LaCosteUnknown. In that case, no shrimp are being produced in Texas.
Streeterville will have the receiver dispose of the Iowa facilities in due course.
Time for you to find another stock to pump. Based on your history, whatever you pick will go BK.
$SHMP
$SHMP Strong push off bottom here.. pic.twitter.com/WzQaAI8xy3
— Chris from Massachusetts AKA TommyboyTrader (@autumnsdad1) September 19, 2024
You don’t know what ? All in definitely came right after ME in the teens on the first big run up to .90’s though and so did Cherry unless he was here already with me and Too Frank I forget it was 6 years ago lol.
Like I said I first bought at .03 and sold at .09 then bought back in at .11 on the run up to the .90’s. I sold the rest for thousands in the .20-.40’s. There was a few guys that actually pulled a quarter million off this scam on the run up ! I was like bail ship !! And they did lol Never saw those guys come back haha. I was happy to pull like 3-4 grand profit here but I blew it really I should have made 20-30 grand since I found this before anyone knew what it was and before they got the now worthless patent lol.
They're sold easily and shipped to happy customers who want fresh unpolluted product.
The demand is there with no complaints. Testimonies are loving the product.
If you don't like fresh product, there's frozen at the store from polluted waters in China that retails for $15 a pound. So 17.60 per pound that's pure and non toxic isn't such a bad idea after all really.
Then may I suggest you might want to buy every share you can with every last cent available to you. Get your friends and family to do the same. You future is very bright, in my opinion.
SHMP IS going to change your life
Lady......
go look at their website , they want $88 for 5 pounds of shrimp. who in their right mind.......
With plenty of room with 1.4B Authorized. No worries.
Is 1.25 billion shares outstanding under control ?
The CEO that is going down in flames holds another 1.25 billion shares in his back pocket through some kind of strange arrangement of special shares
This is a bankrupt disaster
Go buy MULN, it’s a better investment compared to SHMP
I don't see it like that. My entry is much lower than the pps.
Issued and outstanding are under control and we're ready to roll.
https://www.otcmarkets.com/stock/SHMP/security
Has it occurred to you that there doesn’t exist a production level they can meet that would come close to meeting the monthly overhead obligations ?
In other words, there’s no way in hell they can make enough money to pay their bills each month.
There’s also no way in hell that they can sell $10 shrimp, not in this market, or any other market for that matter
Has US Foods ordered their second dozen shrimp yet? Tia
The only thing “Rolling” here are the tax losses and an unlimited supply of shares.
Production Revenue is rolling in, that's what's important. Pre-orders can now be taken, for online sales where all logistics are in place and functioning for door service, shipped fresh customers. The old man got it going on.
I am so glad I followed you onto this board. SHMP has provided me literally hours of free entertainment studying the habits of really stupid people literally giving their money away to a handful of fraudsters telling the world they can sell shrimp for $10.00+ per pound !
These people ever look up wholesale prices ?
I had to chuckle at the US Foods scam
They all deserve to lose every penny, I am sad to say
SHMP investors are prime targets for Nigerian scams
People who read the update, that's who.
I posted it already.
No, they think the receiver is going to work for them and selling shrimp. Lol
Do these “shrimpers” realize that their shares are going to be canceled?
The receivership will certainly have the shares cancelled and the holders of SHMP equity will be wiped out
yep, smells like pumpy dumpy, not butter
Did you read his post? That old dude isn't stupid. I'll bet he bought this morning, posted his info and then sold.
Just another opportunity for the toxic lenders to make some more money before the lights get turned off at SHMP.
Old Thomas on the better SHMP FB group posted some positive news, and the crowd when wild. I doubt the price will hold.
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https://upticknewswire.com/interview-ceo-bill-williams-of-naturalshrimp-incorporated-otcqb-shmp-2/
April 4, 2019: NaturalShrimp takes possession of New Water Treatment Systems Toward Full Production:
https://www.globenewswire.com/news-release/2019/04/04/1796949/0/en/NaturalShrimp-Takes-Delivery-of-New-Water-Treatment-Systems-Toward-Full-Production.html
March Event (1): NaturalShrimp will be at "Seafood Expo North America" March 17-19, 2019, the Largest Seafood Expo in North America for Suppliers, Industry Professionals
SHMP management is hitting all of the top industry gatherings in the U.S. to engage the broadest range of those in attendance. https://www.seafoodexpo.com/north-america/
March Event (2): NaturalShrimp will meet industry/business clients at "Aquaculture 2019" March 7-11,2019: https://www.was.org/meeting/code/AQ2019
Also: To see other upcoming Aquaculture or Seafood Events coming in 2019-2020 that NaturalShrimp and/or F&T may be headed, go to: https://thefishsite.com/events
Douwe Iedema, Executive Corporate Chef, NaturalShrimp, Inc. - 2019
TOP CHEFS ARE DROOLING OVER NATURALSHRIMP" - Clientele at Ritz Carlton, Four Seasons Hotels & Resorts!
Tripveel is a trending online Travel and Haute Cuisine e-magazine, a collaborative product partnered with Open Table, Priceline.com and Booking.com.
Tripveel: https://www.tripveel.com/tripveel/natural-shrimp Instagram: https://www.instagram.com/p/BujKAERnby6/ Facebook: https://www.facebook.com/tripveel/
Also served at these Dallas venues: Hyatt Regency, Cowboys Stadium, Celebrity Chef Tour, Green Grocer Dallas: http://naturalshrimp.com/our-shrimp/
NaturalShrimp, Inc. (OTCQB: SHMP) announced today that it completed testing its patented technology to grow shrimp indoors with onsite Shrimp Lot 180.
“The method worked extremely well and maintained the water control parameters within acceptable limits through the grow-out period,” said Bill G. Williams,
Chairman and CEO. With the results and the hard data now recorded, the acquisition of additional new systems will allow NaturalShrimp to facilitate roll-out
and expansion by adding additional harvests to present capability. This new equipment will enable NaturalShrimp to increase operations, while at the same
time providing additional R&D development for continuous innovation. The Company said it anticipates issuing additional news about its partial harvest soon.
The Company said it was cleared to harvest shrimp on February 21, 2019 by the Texas Parks and Wildlife Department (TPWD). The TPWD is a Texas State
Agency. The TPWD also conducted an onsite inspection of the shrimp and the Company’s production facility on February 22, 2019. (Article is linked above)
>>> Paul Knopick email at E&E Communications: pknopick@eandecommunications.com
>>> Office Telephone Number for Paul Knopick at E&E Communications: (940) 262-3584
NaturalShrimp is a global shrimp farming company that has developed a technology to produce fresh, gourmet-grade shrimp reliably and economically in an indoor, re-circulating, saltwater facility. Our eco-friendly, bio-secure design does not rely on ocean water. It recreates the natural ocean environment allowing for high-density production which can be replicated anywhere in the world. |
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