Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
He is she is positing the obvious, so they can't be faulted there. But without a discussion of costs and growth potential, it doesn't amount to much.
It's a very nice entry point. I agree. But it reads like SHMP redux. I will try to put that aside as I continue to watch RSHN...and hope for a nice bump in the pps.
There are a lot of big-picture questions to address in the future. One shrimp farm isn't enough to support a publicly-traded company, so what's the goal? IS Fuel Technologies looking for an opportunity to go public and sell their "tech" to other shrimp farms. That approach has been tried, but from what I'm aware of, not very successfully. Is RSHN looking to create shrimp farms in other locations? Including indoor locations? Those situations introduce a whole new set of costs to consider. I imagine land doesn't get much cheaper than AZ...unless you're talking about TX.
BTW, 90-day cycles is what SHMP claimed they coul do. But SHMP's "tech" doesn't appear to be up to the task.
So, how many 96m2 raceways can RSHN grow to in AZ? If each raceway can produce 1000 pounds of shrimp every 90 days, that's 4000 lb per year. At what price? $5 per pound? Frozen? (Ignoring the additional costs for quick-freeze equipment and storage facilities). Let's say $5. That's $20K per raceway per year (using the 505 mortality estimate). Want $1M in annual sales? That's 50 raceways. $10M? 500 raceways (stack 'em up).
But where's the growth going to come from? The market cap is already $4.3M. It's going to take more than $10M in annual revenue to generate growth.
Just throwing out ideas and questions.
A sad individual who lives on IHUB and gets his thrills here. 😂
You fool no one we all know your game ! Give me a beak !
There's no saving your clown ass that's certain.
But if it makes you feel better call me whatever you like.
Mindless was you buying this shit, nummnuts.
Welcome to the board on your first couple posts! I think we have found the inside man, yeah? Just out of nowhere with info not privy to anyone. Are you part of Royal Caridea/RSHN or the aeriation company by chance?
Yep nothing like a scammer calling a scam . What joke !!
Ohh but wait he is saving the poor ignorant souls from money loosing scams just ask him he will tell ya !
The 30 cent basher appears again with mindless posts. HA HA
Just an endless stream of scams here.
Let's take a deeper dive into these technologies between the two companies and reach a conclusion that is much better than the Study suggests....
The Study was performed on a horizontal raceway system not an "eight stacked raceway system (SRS)".. Yes, using Fuel Tech's DGI technology can dramatically increase total shrimp production when compared to traditional aeration methods. Further, the Study concludes (in one key area) by suggesting Royal’s "eight stacked raceway system (SRS)" will produce 4 cycles per year, based on a 90-day production cycle to yield 42 gram size shrimp.
However, if study was performed on an actual 8 vertically stacked raceway system (1 production unit) on a 90-day production cycle basis, over a 14 month period, it would actually yield 12 cycles per year not 4. That is, of course, if you discount the initial first two months of the growth cycle, using Royal’s and Fuel Tech's combined technologies will produce 12 cycles of Jumbo/ Colossal size shrimp 🍤, thereafter, on a continuous basis.
Note: the PLs start at the top and at different stages get routed down the 8 vertically stacked raceway system until harvest. For example, after the first month, and every month thereafter, PLs will be restocked on a continuous basis, then transferred out and routed down the production unit on a continuous basis until harvest 24/7/365.
These combined technologies are revolutionary, transformational and sustainable. In due time, Royal will rise to the top and dominate the Land-based Aquaculture industry worldwide.
It appears the findings are a study conducted between the two companies using Fuel Tech technologies as a method of monitoring and maintaining oxygen levels to promote faster growth. In doing so, the shrimp are always developing in a highly efficient and optimized environment resulting in faster production and providing much higher/faster harvesting rates.
It seems like a proof of concept. To suggest harvesting can jump from 2x a year to 4x a year vs. standard aquaculture methods will raise some eyebrows across the industry.
One would assume partnerships would, in theory, start with existing players already in the industry (or new participants) as an attempt to increase production at current or new operations. Once proven successful and with its compact design, an effort would occur in an attempt to scale.
There seems to be alot of intellegent people behind the scenes here. The science and the concept seem to be in place. Whether or not the execution is there has yet to be determined. However, they do have some success in the past getting concepts off the ground, obtaining capital, and growing revenue significantly in a short period of time.
It does appear the foundation is in place and some "value" at these levels. From the design, developed prototype, patents, proof of concept study, and the team developing it. Much of the work appears to be done and accomplished in the start up phase. They have touched on the 8M raised and 2.5M in government programs that helped get them where they are today. So that part is done.
By adding RSHN and the licensing deal is their avenue to go public, raise capital, and create awareness for the next step in a broader public eye.
I am surprised I am saying this....but a good entry point on the stock IMO because the next PR may be a "doozie" and trips may be a thing of the past.
Gns torture my trading ability lol
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.
Followers
|
898
|
Posters
|
|
Posts (Today)
|
1
|
Posts (Total)
|
162748
|
Created
|
07/09/05
|
Type
|
Free
|
Moderators Huggy Bear BasedOnFeels JoseyWales88 SmellMyFinger |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |