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The Seafood Industry: Background and the important role of Vertical Integration.
The Seafood industry is diverse and fragmented with an estimated $400 Billion in Annual Revenues globally in 2015. [undercurrent news 10/6/15].
Historically, companies have specialized in a single seafood species segments within the value chain. The Seafood industry is broken down into three main segments with a fourth, we believe, rapidly emerging:
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Harvesting
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Commercial Fishing
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Aquaculture Production (Farming vs. Wild Catch)
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Processing
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Primary – cleaning; sorting; freezing; filleting and packaging
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Secondary – creation of processed products for ready meals or meal components
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Distribution
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Wholesale – U.S. Foods/Sysco Distributors
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Retail – Supermarkets; Specialty Seafood Stores
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In-Trade – Hotels; Restaurants & Institutional
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Emerging Fourth Segment - Fish Feed – as Aquaculture continues to grow, the Fish Feed sub-category is expected to produce strong annual growth. A fifth year of fishmeal shortages is leading to a rush of mergers and acquisitions as companies including Cargill Inc. seek to meet demand for seafood that's growing faster than for beef, poultry or pork. [Bloomberg Feb 15, 2016]
WE ARE THE #2 ON BREAKOUT BOARD WEEEEEEEEEEEEEE
I LOVE IT. AS SHE SO THIN LOL:)))
Because of a long weekend and second day run Thursday some got shaken some locked profits as its consolidating and fillings are hitting this week after being dark for 4 years so maybe next week we will break higher as she is so thin.
Yep! Good day here! Steady as she goes!
Yes indeed, especially over a long weekend.
I hope you have a good one, take care.
Agree with you on that! The big spikes drive me nuts !!
A good massive run up created too much noise, and way too many bashers, flippers. Today gain is very good for stock.
Solid trade and solid gain. Amazing day for us, is very nice to have this type of gain on Friday.
BooYah!, I hope everybody has a good and safe holiday weekend!
A nice green close!
Go SELR!
I agree with that, but it's also nice to be in a good run-up too. IMHO.
I like to see more buyers and hold for long. Flippers come and go and I don't give a squat about them. Slowly gain% is good and healthy for the stock.
I'm not sure what you were getting at, but PN stocks seem to ever changing in what they are doing if that's what you meant. IMHO.
True enough, but if the flippers are gone and this climbs into the close, it may catch the chart traders attention over the weekend and bring in more buyers Tuesday seeing the strength and consolidation, JMHO.
Frankly, I like is close like this because if too much gain then it will create more flippers.
Nope, pos one day Gold the other has a story unfolding from the last fillings, low float so we shall see.
JMHO, but I do think you my be right, definite consolidation going on here, would be more convincing if this holds or goes up into the close.
Friday long weekend and consolidating as next week might test new highs Imo.
That's great hopefully it will keep the momentum going, JMHO.
Maybe next week. They just hired a new accounting firm and I am thinking lot more files will be announced soon...
It would be nice to have a PR following up these filings, after all it's a three day weekend. A good way to start the week!
Go SELR!
You are right. For sure our new leadership will not sit and do nothing. They will speak to us and move the pps much higher than it's now. jmho.
I mean if you take a look they filed twice in January, 19th & 20th and twice so far in February, 16th & 17th. IMHO they seem proactive in moving along, as compared to their past record that you mentioned.
It would be nice to move back up to the 0.002 range by the end of the day, certainly would show strength, IMHO.
Frankly, I just noticed they file a few day ago because is showup on my scan alert.
IMHO by looking at the last 4 weeks of filings, they look like their pressing forward, and hopefully this will attract more attention.
Go SELR!
Someone grab 425k at .0014 that is a nice buy.
I AM PATIENCE I CAN WAIT FOR THEM TO ANNOUNCE MORE GOOD NEWS. IMHO THE NEW MANAGEMENT TEAM IS TOP NOTCH LEADERSHIP THEY COME ON BOARD FOR A REASON...THEY ARE GOING TO SPEAK TO US AND MUCH MORE GOOD NEW WILL BE ANNOUNCEMENT.
THINK ABOUT IT: THE OLD SHAREHOLDER WILLING TO CONVERTING BILLION OF SHARES INTO SERIAL A PREFER SHARES. SERIAL A DOESN'T GIVE THEM THE RIGHT TO SELL OR DILUTION ONLY GIVE THEM THE RIGHT FOR VOTING. THEREFORE, THEY MUST FEEL STRONG ABOUT THE NEW SELR.
SELR IN DARK FOR THE LAST 4 YEARS STOCK HAVE NOT BEEN TRADING AT ALL.
NEXT WEEK MORE AND MORE WILL BE ALERT...
Power your right about SELR's potential, but also how it's been trading over the last few days I'm surprised it hasn't caught more attention.
VERY IMPRESSIVE LEADERSHIP MANAGEMENT TEAM HERE. THEY NOT COME ON BOARD TO LOOK PRETY.
I like the way SELR's trade. Very clean, absolute no dilution. If the company announce good news then we could see a massive move here.
Looks like Bid Whackers Inc. showed up, because it's Friday and they need their beer money or whatever?
Two days at 100% or more, charts looking good, L2 fairly light, a PN stock with a CEO on top of the filings...SELR let it RUN!
Added, might go for more eod.
.002 THAT WALL IS ALMOST GONE
THATS SOME IMPRESSIVE REASONS TO BUY SELR
$SELR SOLID SEASONAL MANGEMENT TEAM. THEY ARE THE BIG-BOY..
Management and Employees
Carlos Faria – Managing Director/Steele Oceanic Corporation/Operations:
Before joining Steele Oceanic, Mr. Faria was Senior Vice President – Procurement at AquaStar, the largest operating company in the Red Chamber Group, a $3 Billion vertically integrated leader in the International Seafood market. (www.aquastar.com). During his tenure, he developed 4 new product lines with over 50 new sku's. From 2012 – 2015 he served as Vice President of Operations at Chicken of the Sea Frozen Foods, the largest operating company in the Thai Union Group, a $5 Billion diversified international seafood company, (www.thaiunion.com). As Head of East Coast operations, he was an integral part of the management team that brought revenues from $400 Million to $950 Million in four years. He began his career at Citibank, N.A. as an International Business Analyst in Caracas, Venezuela.
Pedro Veganzones – Managing Director/Operations:
Since 2001, Mr. Veganzones has held senior positions in the Chilean Seafood Industry, where he was personally responsible for the development of new relationships with some of the largest wholesale/retail seafood procurement companies in the United States and Asia. His skills negotiating with clients and managing interdepartmental teams have proven key to increasing the value of companies through improved management strategies. His expertise includes fresh and frozen Salmon, Steelhead, Coho, Mussels and Crab products. Mr. Veganzones had risen to the position of National Sales Director, USA, prior to joining GSI in 2016.
Scott D. Landow – Founding Partner: A serial entrepreneur with over 30 years' experience building and executing business plans in: Investment Banking; Specialty Retail; Medical Equipment; Beverages & Sports Nutrition, successfully conducting business from East Asia, U.S. to China, Japan, Korea and the Middle East. Mr. Landow specializes in building business strategies for emerging growth companies that have plateaued using their own momentum. He has been the CEO/Chairman of several public companies, typically in a 'transitional role' for a few years, aggregating and integrating new resources and managerial expertise to lead the next evolution and growth. For the past several years he has also been an Adjunct Professor of Entrepreneurship at California State University.
NEW MERGER, NEW ACQUIRE COMPANY, NEW MANAGEMENT.
Thanks for explaining that again! Good info on SELR. I was too lazy to type an explanation on my own.
$SELR (ABSOLUTELY NO R/S.) In the past, they trying to do r/s but that do not GET APPROVE from FINRA so all the old o/s from the old company now converted into serial a prefer shares. Serial a prefer shares is only good for the vote that is.
L2 GETTIN THINNER AND THINNER GOING UP
Looking better SELR!
Someone wanted 1.2 mil! VERY NICE!!!! .002 up
Very solid slow gain today. this is going to explode soon...
That is a tiny float SELR!!
NOW IS EVEN GET BETTER. FLOAT IS ONLY 80 MILLION THEN WE CAN ROCK VERY HARD.
Yep! They got in low tripps and don't quite get it !
Yesterday was more like retails inexperienced trade on a low float. Today is a much more stable trade. I am willing to bet... with more news, update, and because it low SS we can easily see pennyland to five cents here.
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http://www.steeleresources.com/
www.otcmarkets.com/stock/SELR/quote
SEC Filings - www.otcmarkets.com/stock/SELR/financials
Steele Resources, Inc. Enters an LOI to
Acquire the Mineral Hill Exploration Project
October 22, 2010
Steele Resources Corporation Terminates LOI to
Acquire Mineral Rights on Filipinni and Plumas Projects
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