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SHMP’s $10M “tech” worked so well…they had to go out and LICENSE more “tech”. SHMP has reported zero revenue from licensing EC or leasing out Hydrenesis’ “tech”.
You really can't read can you? The asset is the WORLDWIDE LICENSE. Sheesh....
Utah my good friend, only you could attempt to spin these words from SHMP, whereas purchasing the assets one day turned out to be an equipment rights the very next day.
A distinction without a difference. WY has still nailed down SHMP to a T.
Patience. Millions of dollars invested in Biofloc, including Natural Shrimp prior to their change out. Why do you think there are so many bashers here. EVERY Biofloc operator will go out of business using Biofloc. Already happening. Simple reason: Cannot get density levels high enough to generate profitability. NSI gets 4X density level. Simplest explanation available.
Oooh….covid. You forget shorts, market manipulators…
Oh…and fires. Can’t forget fires. Two of them.
Funny how Covid has selectively destroyed SHMP.
They clearly stated they bought the worldwide rights to the tech, not the tech itself. Quit fabricating.
Give a reason (economic) why biofloc farms would want to by an RAS from SHMP? Why isn't there demand yet?
2,000,000 new fresh never frozen shares diluted into the market today
Trades 83 & 128
One’s story changes all the time, just like the pablum coming from the C suite at SHMP
But the very next day…
But SHMP clearly stated they bought the aquaculture assets of Hydrenesis
Remember this outright lie ?
Don't join in with your fake Bro JT. You know they have the worldwide aquaculture right s to the Hydrensis technology. The inventor only grants master license rights. He does not SELL the technology. No one can use Hydrensis except for NSI. and oh, BTW, your next BS statement is they are granted a royalty. They only get a royalty on sales of equipment. Been trying to put that to bed for awhile, but the B teamers love to distort
I don't care for personal attacks. Attack someone's statement or opinion? Sure have at it! I will agree the degree of success competition between GRPS and SHMP will be an interesting game play to watch in the coming months... The Ecuadorians against the Texas good ole boys.
But Hydrenesis owns their “tech”….
As a full-fledged B teamer, I actually revel in your knowledge of what each of these companies actually do. GRPS is a shrimp farmer, plain and simple. They will grow and sell shrimp and, unfortunately, have to compete against the low cost imports. NSI is a tech company that is only growing shrimp as an adjunct to their technology. Their product, unlike GRPS, is of the highest grade/quality available. They have no competition on shrimp because there is no other quality level out there. Their claim to fame is going to be when EVERY single biofloc operator has to come through SHMP's door for access to their tech. Simple analysis, whether you choose to believe or not....
He'll stands behind anything that fits his own agenda at the detriment of investors. When have his predictions been correct when it really mattered. I find it delusional he thinks NSI will be more successful than GRPS! Seems like GRPS produced more shrimp in one harvest late last year than shrimp has done in their whole miserable history. Talk is very cheap for UF, walking the talk is a very short journey for him!
It doesn’t take “big ‘nads to stand behind that.” In the flying world one would call that “loss of situational awareness” which usually leads to the aircraft’s uncontrolled, usually violent, return to earth, and can also be described as gross stupidity and or gross ignorance. Any or all apply
This is not to be taken as a criticism of your post
If one learns how to read I said the wholesale market…. Their product is selling wholesale for $4 - $5.00 on the market.
I can see this is difficult if not impossible for most SHMP “investors” to understand which is most likely why most SHMP “investors” find themselves holding the bags in a subpenny share selling promotion, diluting itself into oblivion to keep the doors open.
I was told that SHMP sold some of their 18 wheeler transportation assets so I am left to wonder how much of those proceeds were in the revenue numbers.
Why can’t SHMP just publish monthly harvest numbers by the pound ?
I gave you a like only because that sir is a bold statement and prediction! Takes big nads to stand behind that.
You always know when somebody has an agenda. The company has been very clear they are selling 15G live shrimp for $10.50/LB. And our favorite B teamer comes up with their sell price of $4-$5. Sheesh, get your story straight....
Who’s deflecting ? The market force against SHMP is that it looks like it cost SHMP $15-$20 per pound of shrimp to produce when the wholesale market for the same product is at $4-$5.00
Anyone see a problem there ?
There are only so many idiots like the idiot Randy from the FB Cult that you can sell $20/lb shrimp to.
SHMP’s problems are Easterlied, DelCrappo, UtterlyDumb, Chef Doobie, and the $4 - $5.00 market for their $30 product…
That is the center of their problems, in my opinion.
You may recall it was me that suggested SHMP reopen Iowa producing barramundi strictly as a cash flow item, use LaCoste to perfect their process, then go back and gradually phase out the barramundi for shrimp in Iowa. The plant was designed for barramundi, the employees could be brought back already trained for barramundi, and customer base already established.
That makes too much sense
Maybe, if you wanted to be taken seriously, you could have made yourself known in a more personable way. Call me crazy, but I don't start insulting people because of sour grapes when I first enter a room.
Who's deflecting now? I articulate how it's market forces and you don't want to engage. Classic UD.
As crazy as it is to think, maybe theres more than like 5 disgruntled former investors who still follow this stock, for reasons unknown
ECs require CASH, something SHMP has very very little of. Are the property taxes paid ? How about that deferred maintenance that is coming back to haunt them ?
One of my businesses uses some pretty complex (and expensive) electronic instruments from Tektronix, Anritsu, Keysight, etc and we have yet to have a single purchase, rental, repair, repair parts delayed by a single day. Not one. In another business, not a single camera or lens purchase had to be delayed because of COVID. Not one.
The EC business isn’t the automobile business and did not share in the problems that the auto industry had.
SHMP’s latest filing showed only $36,000 in cash remaining in this company, yet their monthly overhead is just north of $3 million PER MONTH
You still want to talk about fake chip shortages ?
I'm questioning you because you have no verifiable credibility to form such an opinion. Either you are someone whose been on this board and changed aliases, or you're a buddy of one of the egos here and they told you what to say. Seems like we got a bunch of boiler room wannabes.
https://ir.naturalshrimp.com/news-events/press-releases/detail/122/naturalshrimp-provides-platform-technology-update
How many tanks does one EC operate and not all EC units were for Lacoste or Iowa. During and after this time NSI also had PL supply issues.
These are supply-side issues (hence market), not NSI "tech" issues.
Im questioning him because hes making such ridiculous statements aggressively defending shmp. I typically lurk in this forum but today I had to make an account because of how much hes jumped the shark.
As for bashing SHMP in general, I think that even though some here are overly negative, the lack of transparency and blatant poor performance from the company sort of justifies most their attitude.
I forgot, do EC's require electronics, including processors? Please, UD, remind me.
https://spectrum.ieee.org/chip-shortage
Literally only one (1) year ago, but sure, let's go with "years"
https://www.npr.org/2023/04/11/1169191865/biden-ends-covid-national-emergency
We both know COVID has come and gone and the excuses used for COVID cannot begin to be used for the pathetic state of SHMP today.
It's odd how you're brand new and questioning NSI and UF in the same fashion as other egos on this board.
Ah yes, covid and fires, that's why they can't sell any shrimp...
Its been years since covid, and they are still no closer to selling commercial levels of shrimp as they were in 2000. Might as well blame 9/11 for their failures while you are at it.
Says the stranger with an alias born and all 5 posts occuring TODAY. Even if I agreed with you, what context, perspective and experience do you have to make such a remark?
Guess COVID never happened in Josh Taeger's world.
Its odd how quick you are to dismiss other aquaculture companies like GRPS as losers, and yet you defend SHMP tooth and nail with vague counter arguments like "market forces". Also typically for step C to happen you'd need some sort of revenue before doing so - not $30k revenue but an actual amount fitting for a commercial, publicly listed company
Blatant scams like this just need to be gone.
Period
SHMP has not been able to complete Step C because they have very limited sales, extraordinarily high overhead, and their selling prices are so far above the rest of the shrimp market, and management has absolutely no problem outright lying to their shareholders.
Remember this one ? https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166781313
Then there is the refit of the five buildings in Iowa. They hinted all five were being done, then said two were done, only later to admit one is finished and the second still needs another $75.000 - $100,000 to complete, so really only one building has been completed.
But as Gerald says “We’re still in business”
That is why they are damn near insolvent, in my opinion
You just showed your amateurism. Don't worry, the B team will be gone in the next quarter or two?
Unbelievable the garbage spewing from UF today. Market conditions... hmm maybe he meant the condition of our marketing efforts?
Utah, there isn’t enough capital in this world for SHMP because they are a bottomless money pit. Their alleged sales are hideous, their costs are outrageous, and management aren’t open and honest with their equity owners about their business. SHMP under the leadership of the 3 stooges has done nothing than to destroy shareholder value.
“…market conditions….”
BWAHAHAHA!!!
Hardly any shrimp grown to bring to market. There’s your “market condition”!
SHMP paid $10M for EC. What has it gotten them?
There is a natural progression that almost every disruptive technology takes. Eliminate or delay one of the steps, and the company's progress is delayed. SHMP's history began as A) Private Company with VC investment B) OTCQB uplist and public company financing to develop the technology change-out C) graduate to senior exchange i.e. NASDAQ/NYSE/AMEX and next round(s) of financing are institutional. NSI has not been able to complete step C, not because of their actions, but market conditions. OTC funding has been eliminated by the SEC, hence a majority of OTC companies will be gone due to lack of available capital. The same thing has happened the last two years on the NASDAQ. They have not allowed small IPO's and uplists, and concurrently, are eliminating listed companies at an accelerated rate. Reasons are unknown for this action. That is why the small tier NASDAQ's (AQB, BSFC, $ASF) will all be gone-Lack of available financing.
BWAHAHAHA!!!!
Has SHMP paid its latest real estate tax bill for Webster City?
Way too many costs for SHMP to be cash flow positive. One needs sales to be cash flow positive.
Other than massive dilution, seriously decreasing if not evaporating shareholder value, what does the sub penny SHMP have to offer ?
An observation: SHMP hasn't been able to commercialize RAS in any capacity that makes and they certainly are not cash flow positive... you of all people must know that. So where does that leave them? Is shmp magically exempt from this financial winter youre predicting for aquaculture?
An observation: There are no direct competitors to NSI, as they are the only alternative technology to Biofloc, which is being used by every single aquaculture company. With that said, All of the domestic players (mostly salmon), will be gone by the end of the year. AQB, GRPS, BSFC, and 4ASF. Capital has dried up for anyone that can't become cash flow positive within the next 6-12 months. SHMP will be last man standing.
BWAHAHAHA!!!!
Typical SHMP.
SHMPoo. Rinse. Repeat.
I think the information was fairly complete. On par with any public company disclosure. It allows you to perform your own DD.
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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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