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I see, no analysis. I thought you were the resident English professor. Since you like to comment on everyone's comprehension. Analyze this. You buy stock. Stock prices goes lower. You lose money. Petulant investor say I don't lose money until I sell. Wiseman says bad logic. Petulant investor should attend class.
Analyze this. You are losing your shirt with your shrimp stock. Can you analyze the word shirt within the structure of the sentence.
More Yada. Don't worry be happy, everything be all right. It's great. The debtors are not getting paid and have agreed since company has no money not to pay us.
Yada Yada Yada. I think you should ride it down to half cent and tell us you're happy.
100% accurate. I say, "it's the financial results stupid." Stupid game. Watch. No sales to US foods. Response. They've never announced so you're wrong.
A further reply:
Let me help you with that: 2001-2015 Biofloc technology/operator. (Agreed)
Transition to and Research and Development of EC/Hydrogas. 2021-2022 (Which still has not resulted in a working prototype that can produce shrimp on a consistent basis at a cost that demonstrates economic viability. So we are not dealing with BS and to prove me wrong, please state the number of pounds that are being purchased by US Foods each month.
Acquisition of facilities and begin production. Additional capital required (Not secured). 2022-2024 (Bullshot. You are blaming it on Iowa. How many shrimp are being produced and sold out of LaCoste each week. The last fire was? lol
Continue limited production (Agreed). Which proves nothing.
Prepare and testing of technology Norway, Australia, USA (yada yada yada)
Development/testing in Japan with Niterra. (Yada yada yada. If Niterra believed in the tech, they would have already licensed it.
2024 Uplist with financing ( I see). So the pitch to raise the capital through an investment banker is this. $25,000,000 in debt, $300,000 in sales, Losing $10,000, 000 a year, Current debt not being serviced, Out of money, $20,000,000 market cap. Explain to me what the financing looks like to dig them out of the hole.)
Here is the upside and I'm serious. I'll show you how smart I am. It looks like Fife will go to trial in 2025. He will lose. He will appeal. Looks like the appeal will happen and be decided in late 2026/early 2027. He will lose the appeal. He will then take it to the Supreme Court. The Supreme court may grant writ. If they do, case gets resolved in late 2028. If they deny writ, 2027. So in 2027, highly likely the Fife debt gets cancelled via court order. I'll repeat. So in 2027, highly likely the Fife debt gets cancelled via court order.
And if my grandmother had wheels, she'd be a wagon. And what exactly do you expect sales to be this year. Allow me to help you out. I said last year that they would not have 1 million revenues. I'm saying this year they won't do 500,000.So you're predicting what like 90 times revenue valuation. Come on man Stop trying to rope people in
Let's start here. $20 million market cap. $25 million plus in debt. Can we get out of BS land for 1 second. Please propose a financial transaction that pays off the debt. I'll be very patient. Be creative.
Allow me to give you a non bullshot opinion.
1. There is no clarity on how they will pay off their debt.
2. They are not regularly producing the product they were intended to produce.
3. Most of their debt is in arrears.
4. There is no clarity they can make a profit, even a gross profit because of their cost to produce the shrimp.
5. Shrimp prices are at multi decade lows, in fact, shrimp are being sold at wholesale prices imported from Ecuador at less than $2 a pound in the gulf region.
6. Their funding options are decreasing, not increasing.
7. They have little to no cash compared to their monthly operating expenses.
So that I gave you a head start, what do you think? I think my answer is less BS and more reality.
Agreed?
I see so the goal is to buy something and be down 96%. Now I know why I run the class. Teacher says not good strategy.
So you're making money? And you've been right to buy and hold and not unload. Hogwash son. Three times wrong in 1 sentence.
Everything. You bought the stock and are still holding. Wrong, wrong and wrong. Watch this folks, he will now say he doesn't own the stock. LMFAO
Yes but the boys are too dumb to let it run. Called greed.
Your point is absurd as always. Are you making a point that SHMP would be their supplier. I would bet my life that Red Lobster's price is less than SHMP's cost to produce the shrimp. You have been wrong for 3 years. A plus for consistency
Here is the update. There is one guy who knows nothing about app development making a living off of this public company by selling Reg A stock to people at deep discounts
Correct
Yes and you can also get a trademark for $300. Funny stuff.
Do you understand how this works. Jakey is selling Reg A stock to people at deep discounts so of course they are dumping it.
Yes sir. That was awhile ago.
Reading Comprehension Class Highly Recommended. It is difficult because you are commenting on subject matters you nothing about. I SAID AND ILL REPEAT IB requires $2.50 a share for every short. Do you see how even if you could borrow, a short makes no sense in SHMP. And you would get a borrow.
Although this is speculation on my part, I am deeply concerned about Turner Stone blessing the financials.
The answer is yes. There are none. Not one. Since you're going to scramble around and try to prove me wrong, allow me to save you some time. Somebody who has no idea what they're talking about may say try IB. Hogwash. First, they require $2.50 per shares so unless someone is brain dead, they aren't tying up $2.5 million in cash to short $9,000 in stock. Second, they will not loan out stock. So if you knew anything, you would realize the borrow is 10% of the battle. Protecting the BD and the clearing firm is 90%.
So I will repeat. You blamed SHMP's performance on shorts. Name one BD that will allow a short in this stock.
Hey have you ever identified the phantom shorts. I think it's Petey from Sioux Falls.
You have no clue what you're talking about and never had. It is proven because you have rode the stock down to 9/10 of a penny. That is one hell of a job. Are you finally going to get out at 1/10 of a penny?
I believe they would have to be retired because as I said 80 times, they were never legally issued. If they tried this sort of thing with a NYSE company or if any one did, the lawsuit would be filed within 24 hours. Same for any sizable Nasdaq company.
Trick question. The preferred is convertible into 100% of the shares outstanding at the time of conversion. So if there are 2 billion out, it converts into 2 billion upon election. However and regardless of the amount of the RS, the 100% does not change unless the certificate of designation dictated that which it does not. If there are 3 shares out and the preferred owner elects to convert, they get 3 shares. So they get less shares but will always get an amount equal to 100% of the outstanding at that time.
I will be a believer if they can name one legit farm and the contact person. Instead, let's keep it a secret of who is using the poop improver/
So let me get this straight. Do promotional videos but don't name one client. Complete BS
Make it easy for me buddy. Name three farms and the contact for the farm that are using the poop improver
I know you like to lob threats but can you name three contacts at 3 farms in the United States that are buying the product?
Also, what is Rhonda's role and why is she holed up in Toronto?
Sir tries to sell at $12.50 per pound. Do you remember when shrimp was getting clearly $22. How did that work out. I can place for sale paper clips on Amazon at 30 dollars per hundred. Doesn't mean I'm getting that. I can assure you the sales are small if that.
Oh I see. Can I tell that secret to Homegrown. I have this great idea and I'm sure you do also. Sell to Asian Markets. Pure genius.
I just told them. They said good luck with that.
Very good job addressing the elephant in the room. Hard time getting $5 a pound. By the way, no secret who the other PL suppliers who are. However, you are buying from Homegrown. If your cost Is over $5 or even $4.50, you don't have a business.
Here is your issue. When you spew garbage to people that know the facts, it's still garbage. Allow me to give you some FACTS that are verifiable if you choose to make a call. Anyone can also make the call.
Please watch this video. This is who SHMP buys their PL's from.
More Reg A stock being pumped to investors so Jake can pay for his Escalade and gym membership.
There is no product. It is run by Jacob DiMartino.
This is great. This is the anti bully crusader emailing soneone when he worked for a previous scam company.
They are a SCAM...
I say, Watch Out... They will get you to agree to things and then they don't honor them. They enjoy intimidating people and falsify the truth. I don't know how they can get by with it. I know they must be hard hearted to do people the way the do and still be able to sleep at night. I tried to get issues resolved but was treated like I was the criminal. Please if you are reading this and have had the same experience, do something about it. Contact the BBB of Phoenix and the Attorney General . They need to be stopped!
This is a cold hearted company...
Diane,
I see you are still twisting scriputers around. You must be a very confused person. Once you see that all that paperwork you signed obligates you I think you will understand you are still a client! You think you can dispute charges that you agreed to and signed a contract for...I dont think so. We have already spoken to your credit card company and they are going to close these disputes and YOU LOOSE! Its obvious you have probably done this before with other companies. I will pray for you! Trust me I will! Diane I can tell your not a very educated person and probably a "trailer park" type person...thats ok cause in god eyes you are special! But please stop with the stupidity and understand your not going to get away with doing a chargeback on Igomogul.com. We have run into clients like you before and you will soon see that we prepare for your kind!
God Bless,
Jacob DiMartino
General Manager
IGoMogul.com
[protected]@igomogul.com
[protected] Direct
[protected] Toll Free
[protected] Fax
Uber, why do you have such a problem admitting you told a story and got called out on it. Last week, you said the bank made you sign letters when you were withdrawing the money. I said no bank would make you do that. If you had said I had a concentration of penny stocks in a Pershing account and they made me sign letters, that would have happened in the timeframe you are stating. Capital One would not request that when you were withdrawing money. Period.
Utah we disagree on most things but maybe we can have an honest discussion on one topic. Should we have any concern that Turner Stone doesn't complete the audit on time? I know they've had major issues recently and didn't even complete the audit for Bill's other company on time. Founder was thrown out of the PCAOB. Thoughts?
I was involved in this a very long time ago. Not clear what they exactly own today and most importantly, costs real money to defend IP. I would be surprised if there wasn't funny business here and the IP was taken by former execs for virtually nothing. I don't have the time but someone should file a motion for receivership.