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R/S 50:1 or 1:50? I think , but don't quote me, 50:1 would be a forward split? Definitely a R/S makes more cents, not?
Oh…and the Series A shares still exist…with their conversion rights to double the OS…and…magically…they all belong to Easterling.
SHMP’s already paid off…for me…multiple times…with each P&D.
But the times, they are a changin’.
SHMP’s stock treasury is all spoken for…thanks to Fife. And SHMP hasn’t reported that special shareholders’ meeting to raise the R/S to 50:1.
Be patient this will pay off just waiting with my fishing pole in the water for that big one.
Josh, you've been on this thread forever...where do you see this going
Nope, not if Bubba Gump has anything to do with it. Fried shrimp, boiled shrimp, deep fried, breaded, mercury shrimp etc. The oceans and lands of every country are so polluted that this one won't ever have a chance. Where will the polluted water come from to farm these toxic mercury infested creatures that will be the death of many in a long/short term of eating these poison creatures? Why doesn't the company farm them? Because it's too much of a risk being sued for pollutants after eating these creatures. Sell fake 25-gallon saltwater fish aquariums and avoid the suit of poisoning the population.
Capital Change=shs increased by 8 for 1 split Ex-date=11/08/2010. Rec date=09/30/2010. Pay date=11/05/2010.
Capital Change=shs decreased by 1 for 10 split. Ex-date=10/29/2014.
Ready for another reverse SPLIT!!!!!! FOR real?
In My Humble Opinion Of Course
Yep. Definitely another dump day in SHMPland.
And there's no reason it shouldn't continue while SHMP remains silent about the R/S and how it's going to finance operations when its remaining authorized shares are locked up by Fife.
It gives the pep squad on facebook something to cheer about. They are making trips to San Antonio, taking pictures and posting weights of 10 pounds of shrimp. LOL The hotel room cost more than the shrimp will gross in sales. LOL
Correct, but why try and sell any at all. There 20 year success is from selling shares. Toxic loans and selling more shares. No need to sell shrimp. Shrimpscam
The problem is these shrimp cant be used for bait shrimp if they are clean and unscented. You would not catch chit with them. I guess they need to target the stir fry boys at the Asian joints and they can probable sell a few thousand dollars worth a month.
Looks like today is gonna be like Friday. Another day to dump SHMP and cut losses.
Look, it's clear that the Asia Supermarket stuff is not real economics and more a PR move. If the future of this company is selling to farmers markets, the stock is still drastically and absurdly overvalued if that's the case.
Driving 10 pounds…are any amount of pounds…to Asia Market by and if itself would eat a nice chunk of $7 a pound. And SHMP has providing data that would back up $7 a pound.
And what is Asia Markets cost to maintain the shrimp aquarium? Or is SHMP paying for that, too?
I wouldn't necessarily conclude what you're concluding on the markup. Any farmers market type scenario, a 50% mark up would be more than adequate in my opinion. So if their cost is $7 and their selling to the market at $10, that may work on a small scale basis. I believe the more important data point is the size of the shrimp. If the shrimp are potentially 25 to 30 per pound OR LESS, there is no way that they can produce and create a sizeable market at $15 a pound retail for shrimp.
BWAHAHAHA!!!
14.99 a pound? Then that retailer’s not paying SHMP $10 a pound. I wouldn’t be surprised if SHMP were PAYING Asia Market.
When does SHMP come clean on what it actually received from Asia Market…if anything?
Excellent! The lemonade’s acidity perfectly compliments shrimp dishes!
Here’s to seeing SHMP shrimp in many stores. So big, fresh, and tasty!
Definitely nailer it, dude, on pairing with shrimp. As for the other matter,
Looking forward to added harvests at its facilities. GLTU buying/adding.
Go SHMP!
Yum!
Will they open a Lemonade stand next? Lmao Shrimpscam
PPS. You scooped 10 pounds of shrimp out of the tank and there are just a few left?
How many similar markets will SHMP have to deliver 10 pounds to? I bet SHMP spent as much on fuel as they made on delivering 10 pounds to Asia Market. Then scale it up. It appears to be a loosing proposition. How can you deliver 10 pounds to a single location...or many single locations...and make a profit?
PS. Let's check that math, BTW...
I calculated 8 pounds...not 10. But let's both re-check our calculations.
I also see a lot of shrimp below 21 grams. There are about 12 shrimp 22 grams and larger.
That's a recipe for the most expensive shrimp cocktail I've seen. I'm not counting the cocktail sauce in the food cost.
Purchase of 10 pounds of NaturalShrimp...$200.
Hotel to stay in to cook 10 pounds of NaturalShrimp...$150 (ignoring the question of what hotel would allow a guest to cook 10 pounds of anything).
Seeing the extent to which a SHMP "investor" will go to justify their "investment"...Priceless.
No fishy smell on the next 100 million freshly harvested shares
So is this going to wake up with the New Sales?
Dude, I enjoy Shrimp Scampi made with SHMP Shrimp.
The sweet brininess, garlic, seasonings, splash of wine.
Shout out to 12Retyr for the photo posted. If he still has
that market's address, please post. Making me hungry.
Here's to the coming harvest(s), revs, etc., in 2022 and
2023! Tasty sweeties to be snagged right now. Mmmm!
GL shareholders!
Tickity tock.
SHMP
The only “Harvest” is More shares, Reverse Split and Fresh Toxic Funding. ShrimpFraud
12Retyr, nice pic. Any words associated with it?
I, like many, don‘t do Zuckerbook. Let me know.
Thank you much. Happy holiday.
Here‘s to harvest time.
Tasty shrimp.
SHMP
The performance could get even more better! It has a lot more under the hood.
800,000 SHMP shares dumped all day. Half of that in just the last half hour before market close. SHMP management's silence about sales is killing the pps. But maybe they don't have any to report?
SHMPoo. Rinse. Repeat.
If production numbers were favorable the results would be PRed and videoed for the entire world to witness.
If crop harvest production numbers proved SHMP’s RAS is a commercially viable profitable aquaculture operating system conventional lenders and interested buyers would be banging on SHMP’s door.
Yep, as long as people are buying, fife is making a killing from the printed shares. Lol.
You may be correct on the AS. It would make zero sense for Fife to say no on the R//S
I’m going to guess that Fife has a say in increasing the AS, and says “No”. Fife might have the same answer for the much more likely R/S. How else to explain SHMP’s failure to execute an uplist?
Anyone care to speculate on this answer. If the Reg A still exists which holds voting control, why hasn't the authorized been increased?
Yea, but now I read the shrimp are sweet and the heads pop off easy. At one time old chef doobie said they were buttery. Lol
This failure to disclose real data goes back at least as far as the infamous "Lot 180". That was what...2019? 2018? How many years have passed and what do SHMP "investors" have to show that SHMP has accomplished anything resembling commercial viability? Nothing. Zilch. Zip. Nada.
SHMPoo. Rinse. Repeat.
They have not once published or shared their production numbers. All the cycles they hide the actual numbers. We never know how many are growing how many years started or how many died.
It would be incredulous and shocking to the conscious if they didn’t compile those numbers and the fact they have not been shared is the number one reason I am in the process of liquidating this position. I love me a good spec stock, but this is garbage management taking advantage of retail
Look at SHMP’s current overhead and SHMP’s pie-in-the-sky projections. Forget profits. I don’t see SHMP ever coming close to breaking even.
Oh…and SHMP has no more shares available to sell…unless they pay Fife even more.
In my opinion, I think it might have a better chance of performing well if their margins exceed its competitors. Hoping to be able to see that powerful momentum, very soon!
I enjoy the clown show and do not own shares so I have nothing to sell. I am here for the comedy
Million and millions and millions in debt, taking 6 figure bonuses and down to posting pics of selling live bait shrimp in 200 gallon totes. Lol
yep, at some point, this guy is going to realize that this chit isnt worth 15 million and he is going to pull the plug and sell the junk
I am deeply concerned for SHMP that they are getting deeper into bed with John Fife. A few takeaways.
1. The company is in a serious cash crunch and little of this money is being released immediately,
2. The cost on this loan with the OID, interest and placement agent fee is in excess of 25%
3. Fife's entity has secured against everything the company owns.
4. The company remains in a cash crunch and is under the gun to get this uplist done.
5. Buying Iowa in retrospect was a really stupid move and has caused this cash crunch.
6. With Fife still holding the toxic note for $15,000,000 and it is required that the financing with the uplist requires Fife to be paid the greater of $3,000,000 or 33% of the proceeds, SHMP may not know it but they have a very serious cash crunch even after the uplist financing is done. That financing that will be done with the uplist will be very expensive.
7. Fife may have to agree to not convert his toxic note for a period of time for this expected financing to even get done. That will also be very expensive.
What a joke. This 8-K merely memorializes what was already reported in SHMP’s 10-Q last week. IOW…it’s old news.
While technically correct…that the note is not convertible…SHMP had to reserve the remaining shares in its treasury as collateral. IOW…SHMP has effectively exhausted all its authorized shares. And, at the same time, kicked the can down the road for an alleged uplist.
This is what…the THIRD time SHMP has booted the alleged uplist?
A SHMP BK is that much closer now…but we all knew that last week.
The Note is not convertible into shares of the Company’s common stock. The Company intends to use the proceeds from the Note for general working capital purposes.
No, the pic is real, not imaginary ... as real as Josh's posts have been all along. Josh must be some kind of time and motion expert, because his attention to detail re the ineptness of SHMP is astounding!
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Moderators uber darthium Steady_T eqinvestor JoshTaeger Propain 12Retyr |
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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