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I seem to be immersed in shrimp. Looking for one good pump amongst them.
But all this attention. And so few pounds of shrimp sold, between the three of them. And all those claims of having the best “tech”. Who is being realistic and who is blowing smoke?
You mean RSHN hasn’t reported the details of the license agreement? That’s an issue, if true. You know…pig in a poke.
And the cost per lb is?
Joshy! My Man! How are you old friend! Good to see you on a different board!
An agreement with Fuel Tech and RSHN should be contracted and reported through a Fuel Tech or joint PR to connect the companies officially in the manufacturing of these aquaculture systems.
That should help keep things moving. SP is still hovering at decade long lows and trading well below newly adjusted par value.
IMO, collectively, Royal’s patents are superior than ANY company in the shrimp aquaculture industry.
What separates the best from the rest is not only the patents (dd required), but also the cost/ lb, CapEx, and other KPI's. It's very likely at some point Royal will dominate, if not, corner the market....
Note: the demand for luxury market niche for fresh, live and never frozen - Jumbo/ colossal 🦐 is very high and profitable 📈
Yea...SHMP has a patent (or patents) that don't expire for a few years. How's that working out for SHMP.
A cynic might think that RSHN is being set up as a vehicle to buy out DGI...making the owners of DGI very happy...but doing very little for RSHN shareholders.
Royal Caridea's patents expire in 2036, at the earliest. A lot of money to be made... Da truth!!
https://www.globenewswire.com/news-release/2023/04/25/2654161/0/en/Global-Shrimp-Market-is-expected-to-be-US-69-35-Billion-by-2028.html
871 posts so far, yet, you stick around. lol
Lolololol !!!
Just another endless scam.
I give RSHN...correction...DGI...for publishing this study. To the extent that its main purpose is as a promotion piece for DGI, with less importance for RSHN, is TBD.
The quality of this report for exceeds anything any consultant or "partner" of SHMP has ever published. So that's a milestone right there.
Acknowledging that it is a report of trials, the report needs to be fleshd out. The report says 21,000 PLs initially. Let's ignore the reported and estimated mortality rates and stick with 21K. The mean weight after 100 days was 42g. Again, ignoring mortality, 21K PLs x 42g = 1940lb. Using DGI's estimated mortality of 50%, that's still just shy of 1000lb. Pretty nice, IMO.
The report says that the avg shrimp size was approximately the same for both trials, 42g. What the report doesn't say (unless I missed it), is what the final biomass of the first trial was, i.e., after the initial thinning to reduce O2 demand. So we really don't know, at least I don't know, what the actual improvement was using DGI's tech.
The contribution that DGI's tech makes to the equation is important, as is the cost to RSHN to license DGI's tech. That info would be helpful.
But overall...nice job.
This is only the beginning. Royal Caridea will eventually become best of breed in shrimp aquaculture industry worldwide.... Their patent portfolio is rock solid and growing.
Fuel Tech is Nasdaq listed. Partnership possible.
Best news we have heard yet!
From nano CBD beverages to stop smoking to urine testing to whatever the heck selling tokens is. Oh you might also be shrimp moguls that used to be an autism school and graphene kings and Colorado water / hemp builders. :)
He is self promo-ing while skipping out the door, actually. That is his personal account with some other grand scheme no ones heard about yet. Maybe Sweat SOLD the @hdxlabs twitter account aka 'handed over', I would have. Selling/swapping followers is basically what happened here. So is RushnetRevival not a thing now? Or is there 3 more twitter accounts we need to get our information from? If RSHN needs help, I might be able to consult on how to maximize shareholder value. If they keep following Sweats roadmap, well.... we saw how that went.
9 billion shares to accumulate before this is back to its 0 line AccDist on the 3year/week chart... 9billion. This is going to be rough. Hopefully the OTC wakes up soon, so people can start making some money.
I'm done.
Vaya con Dios RSHN
"I think I'll try and tell him the war is over"
stocktwits posed news about them growing shrimp, yes, shrimp. i love shrimp, lol.
This account is being converted to Royal Caridea in the coming days and handed to new management. Please, if you are interested follow @comingtomarket to stay in the loop with the latest project development. Be in the know when AS splashes back to market. #mogul
— Royal Caridea (@RoyalCarideallc) March 18, 2024
Is there rumors news here???
NICE-- sitting on some dusty shares-- good to see some vol!
grabbed some today.
"Well, I have not posted since transition. The account(s) were turned over. The only thing posted by me (previously) is what was asked to be posted. Period." -Ashley Sweat
Saying things and doing another. Classic. Yet today @hdxlabs Sweats old defunct fail of a company twitter account just posted "Want Data? Best growth rates in the industry" with a link attached to it. There was also a couple posts previously, even though he doesnt post apparently. Sweat has around 400+ million shares to dump when preferred gets converted...cant wait for my position to get blown up.
Ok so now there into shrimp growing.
Want Data? Best growth rates in the industry. $RSHN @rushnetrevival https://t.co/K7jipwbXu5 pic.twitter.com/kN8lQm2L6h
— Royal Caridea (@RoyalCarideallc) March 18, 2024
$RSHN RushNet Licensing Partner Royal Caridea Achieves the Fastest Shrimp Growth Rate in the Aquaculture Industry Reaching 42 Grams in 90 Days
https://www.accesswire.com/843655/rushnet-licensing-partner-royal-caridea-achieves-the-fastest-shrimp-growth-rate-in-the-aquaculture-industry-reaching-42-grams-in-90-days
PHOENIX, AZ / ACCESSWIRE / March 18, 2024 / RushNet, Inc (OTC PINK:RSHN) proudly announced today that Fuel Tech, Inc. of Warrenville, IL, has published a white paper detailing the successful trial at Royal Caridea's Gila Bend, Arizona facility suggesting that the use of Fuel Tech's DGI® Dissolved Gas Infusion Gas Infusion technology can dramatically increase total shrimp production compared with traditional aeration methods.
For a copy of the white paper, please click on the following link: https://bit.ly/FuelTechDGITrialWP
The trial included the use of Fuel Tech's DGI® technology as a critical component of Royal Caridea's water treatment process and resulted in the impressive growth of shrimp to 42 grams in just 90 days. This outcome demonstrated the significant potential of Fuel Tech's innovative technology to revolutionize the aquaculture industry.
Royal Caridea's aquaculture production technology is unique compared to other shrimp growers because of aeration by dissolved gas infusion, biology-free water reprocessing, and its 90-day benchmark. Notably, Royal Caridea is not solely producing extra-large and jumbo shrimp; its system produces 4 cycles per year using an eight stacked raceway system (SRS) based on this 90-day production cycle. This system enables rapid growth rates and low cost of goods sold, which gives Royal Caridea the potential to make their wholesale and retail pricing highly competitive for a largely unmet market of fresh never frozen and live shrimp. In contrast, outdoor producers in Texas usually target only 2 cycles within a year, and no known producer completes 3 or more harvests in a single year. The Royal Caridea system can provide fresh never frozen shrimp daily.
As previously announced, RushNet has recently signed an exclusive licensing agreement for the United States and Canada, giving them the rights to the Royal Caridea technology. Royal Caridea LLC is a limited liability company based in Arizona, established in 2009 under the laws of the state of Delaware and Arizona. The company has secured over $8 million in funding from accredited investors in both the United States and Europe and has received a significant loan from the United States Department of Aquaculture ($2.7 million USD) in 2020, which adds to its credibility. Royal Caridea LLC claims to have developed the world's leading aquaculture technology production system.
Mr. Cunha, who was recently appointed as Chairman and CEO of RushNet, said, "We are pleased to announce these growth rates. When a Royal Caridea aquaculture application had the need for an oxygenation process, we were pleased to have the opportunity to work with Fuel Tech as our collaborative partner."
The water treatment system for the Royal Caridea stacked raceway using the DGI® technology allows for a dissolved oxygen (DO) set point to be independently established for each raceway. As the oxygen demand increases, additional oxygen is infused to maintain a steady DO level. Since the aeration is done using a dissolved oxygen system, oxygen is immediately available, minimal oxygen loss occurs due to bubbling off and the shrimp are provided with a consent level of oxygen to enhance shrimp growth. Using the DGI® system, it was demonstrated that the DO could be maintained at levels well beyond those achievable with other systems. Shrimp grew rapidly, and their size and color were closely matched, with no signs of stress observed. The outgrowth was carried out at DO levels ranging from 9.5mg/L to 11.5mg/L.
Mr. Cunha emphasized the importance of carefully controlling all the parameters of the system to grow shrimp on an economic basis almost anywhere in the world. He also stressed the need to carefully distribute and monitor oxygen levels within the system, which is often overlooked. Fuel Tech's DGI® technology proved to be highly effective, and it is expected to be installed at every location in the United States and Canada where the Royal Caridea technology is used.
“How high?” That’s the question. In other words, when does one take profits and be thankful? The alternative is to be greedy and wait too long.
Its going to get a run for sure, like Sweat said "how high? who knows, we shall see." My guess is he wants .002(his issuance price value). He knows the game. Then 240million commons + preferred series B converted into commons (6 for 1=192m he currently holds, will prob go down in upcoming filing) after the change of control, is most likely going to wack that bid faster than Americans on cyber Monday, court cases arent cheap.
The last hoorah and a fuck you to the shareholders on the way out the door, the question is.... will RSHN have the eyes and buying pressure to withstand when it happens? Most likely the CEO(whoever it is) will get blamed when it does. I do hope I am wrong about all of this and someone can finally win here.
Once again…that’s not the point here in the pinks.
You go ahead and keep looking for that needle in a haystack…that might not even exist. Collect all those airline miles visiting all those shrimp facilities.
Meanwhile, I’ll buy my lottery tickets and see what happens.
You bought SHMP and bailed shortly after. I bought RSHN (and SHMP and GRPS). Ride or die.
Thankfully…for me…your presence here only adds to the appearance that there might be something to the RSHN “story”.
Then why did you buy? And why did you bail so quickly?
Apparently, the real use for the OTC escapes you. And RSHN might just be another example.
You’ll get no argument from me on those points.
In the meanwhile, people will run with the stories. Their exuberance could be my profits. Or not.
He has never visited any shrimp growing facility in North America. Knows nothing about them.
Sir I knew more about OTC stocks 30 years ago than you know now. I am known as the teacher on YOUR SHRIMP board
Online articles state that aquaculture has started to pop up in many states over the last several years in the United States. To date, it has yet to be scaled successfully.
It appears their new platform shows promise with the amount raised, grants/loans received, and the resources used to acquire the patents to protect their discoveries.
Only time will tell...
We’re talking OTC here. How’d all that DD work out for you with SHMP? You bought and bailed.
When are you going to learn that these are “story” stocks down here? RSHN is one of them. Decent opportunity for a flip. But I’m not a pumper.
At least SHMP could fantasize about building facilities anywhere and everyone.
That won’t work with RSHN…or GRSP.
I’m not perpetuating any hint that there’s something here that deserves extensive DD.
Our partners recent patent award. $RSHNhttps://t.co/cKZtBixn8n)
— RushNet Revival (@rushnetrevival) March 15, 2024
We are building fully protectable IP.
Joshy just curious what your goal is. I've seen you posting on the SHMP board for years with not one positive message in 5 years. Now when you know nothing about these guys, you are an expert. Have you ever even attempted to call the contact information at the bottom of the release? No? Do you know anything about Attaraya? No. Rocky Mountain Shrimp? No. Tru Shrimp? No. Sun Shrimp? No. However, you are an expert. Interesting.
Have you done a survey of the other publicly-traded aquaculture companies with “patented” processes? You might be surprised at the apparent lack of success. Maybe RSHN will be different?
Farming/agriculture, new technologies, and sustainable food production have tremendous tax benefit, access to subsidies, grants, loans, resources, and other advantages both on the state and federal levels.
Shrimp by volume is far and away the leader in seafood consumption globally. With their small size, this patented platform can be marketed and sold for local distribution.
If it can me done with shrimp, what about crabs, lobsters, clams, mussles...?
The idea is interesting. Execution has yet to be seen or determined. A very nice upgrade though for RSHN shareholders IMO.
The market and investors are beginning to agree.
My 2's lookin good here today!
Their competitor Attaraya has less and has raised capital at valuations of well north of $50 million.
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