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Go get the "Idiot's guide to Corporate Strategy" full of hypothetical possibilities but it would be hyper pathetic to insult people's intelligence by posting it here. As is this.
Be careful.
I've yet to come across even one single occasion that this site was correct on any so called rumour and I have back tested it.
Basically it's all fake news, probably the figment of the imagination of some teenage pyjama trader with little else to do with their time.
Guys I live in Malaysia. This is one of, if not THE biggest manufacturing countries of surgical gloves in the world.
Maybe someone who has the contact with Greg can ask why they are not targeting these companies with this technology:
1) https://www.facebook.com/mytopglove/
2) http://www.supermax.com.my
3) https://kossan.com.my/
4) https://hartalega.com.my/
5) https://www.comfort-rubber.com.my/
6) http://www.rubberex.com.my/
7) http://www.careplus.com/
Top Glove is the biggest but unfortunately, their website is under maintenance
Here's the trade body:
http://www.margma.com.my/
Stocks are all traded here locally on the KLSE
Deasperation. Cretaceous period news.
Presumably because any worthy catalyst has become extinct?
Yawn. Like I don't know that.
We can all speculate and we can all dream. But in this place, that's called pumping a stock because it gives the false impression that certain unconfirmed deals may have been done, when they clearly have not.
My problem with this (and it's the reverse of what I'm being accused of) is that I happen to know, said person made a huge gain on the same such speculation when price pushed up to 890cents on no news at all. And here we are again in the 20's and without news, soon to be teens.
I wonder how many bag holders there are bought at >50cents or had to cut loss when they saw tis falling off the cliff day after day.
Stick to facts or reasonably supported conclusions not a raft of possible corporate actions to make yourself look clever. If he were one of my postgrad students, I'd mark hmim down for that lol.
Frank we can all go read a book on corporate strategy, to see what actions companies may or may not get involved in. Let's be realistic here please.
You've done alright out of this stock. You posted great DD in the past. But this list is just pure speculation taken straight out of the contents section of a idiot's guide to Strategic Management or something!
4.F$T Project partners for Salmon and other species. 1st Quarter thru 2019 (F&T not SHMP be very clear on that. They are 2 separate companies one public the other private)
5.Patent/License Partnership - 1st-2nd Quarter - thru 2019
6.Strategic Alliances - 1st-2nd Quarter thru 2019
7.Favorable Financing - 3rd Quarter 2019
8.Initial Commercialization design/built-out. 3rd Quarter
9.Shrimp Commercialization Partnership - 3rd Quarter
10.Buyout/Merger 4th Quarter 2019-2020
all unsubstantiated speculation.
Looks like you bought low again and are going for another spike am I right?
When "the news" drops.
What single piece of news is it that you are expecting to drop here?
That c**p already happened when it went parabolic on the 11th and 12th feb. on prospects of a "zero mortality" harvest.
You're new to this right?
Short of a BO offer at a disclosed price way above the current pps, there is nothing now that will cause this stock to go parabolic again. Certainly not fluff news the likes of the FB posts.
Nice photos. Same smile every time!
Smacks of desperation now. Posted (yesterday) an event that happened three months ago that everyone knows about. Lack of real substantive news forces pumpers to keep posting old news in an effort to catch the one person (probably living in the Amazon rainforest) that has not yet heard of this news, presumably in the hope they'll pump the bilge water out of this sinking sh(r)i(m)p. Well that's the closest Amazon (or WF) are going to get to this stock imho.
Look, I'm not saying there's anything wrong with what they have achieved so far, it's terrific really if we are to believe what we have been told. But they clearly do not have any major company banging down their door to acquire the company (note I do not use the term "business" as they currently, do not have one) and that's very bad news and here's why.
As I have previously pointed out, they do not have either the talent, nor the finance (internally) to maximise the commercial potential of this patent and (if indeed they have) now proof of concept. My concern also is merited by Peter's stated objective to uptake all opportunities from the recent NO trade show and that means we can surmise they intend to go it alone.
This leaves a cavernous gap in their ability to bring the technology from inception to profitable revenue stream(s). Had they announced they were on the hunt for 1) a leader of a top drawer management team and 2) the top drawer management team, I'd be more optimistic. As I've stated before, I believed that they had not done this because they were on the hook to be acquired by a leading player with the core competences already available to drive the future growth of this as a business.
Alas however, there is no interest in acquiring SHMP or F&T (the shared patent does rather conjoin the two imo). If there were, it would have been leaked and out there. My guess is that there has been interest, but rudimentary Due Dil by and on behalf of said interested parties has revealed that the company still has a way to go in proving that the output from the technology in terms of quality, low mortality and repeatability is there and beyond doubt and they've probably been given some guidance as to how many more test cycles need to be completed before this becomes a going concern prospect and is as such, viable as a BO option.
So, given the lack of access to appropriate (commercially oriented) management expertise and to capital to finance operations, basically all this company has is a patent. They could in effect cease trading through lack of cash tomorrow and therefore, we are back in the all too familiar realm of the OTC which is messing around with the shares to fund operations.
Either an investor steps in to inject capital, or they will soon start to play jiggery pokery with the AS and OS and dilute to cover their monthly cashburn imho.
Which means that the opportunity that appeared to be there 3 months ago, has now all but disappeared into yet another OTC dilution machine.
All IMHO
Newsflash. Price is going down.
Surprising as it may seem to some with such little intelect, for me it's not about being right, it's about getting to the right answer, which I think I have.
This is going nowhere without a catalyst and that won't come (if at all now) until after the Boston event.
Why?
What's the point of telegraphing the deals that have been done if attendees at the next event want in too. Therefore, no solid news for a while yet and that means cheerio to .3's hello teens.
At some point in time perhaps. Not now.
"Focus on the DD that can be verified".
I see. Can the statement below be verified? If so, please verify, otherwise you are just as everyone else, speculating or worse, posting false information.
"Big things coming for SHMP in the near term."
where? Are you the only one then that has seen the Harvest Report.
See how your patience lasts when this is 10 cents again.
Draft agreements do not need to go through such convoluted legal processes. That's lawyer speak, leeching off the uninitiated.
I happen to have a number of draft agreements that I use in my business. MOU's, MOA's, LIO's. NDA's, NCNDA's etc. etc. that are used at the initial stages and require nothing more than to be notarized by both parties. The lawyers get involved after that, but it's almost like shaking hands on a deal and putting it into a formal wording.
It is utter BS to suggest to this board that nothing can go ahead until a formal agreement has been drawn up by a pack of hyenas, sorry by a team of lawyers.
Pure bunkum.
I would add, NS cannot afford these legal costs anyway, so they will need to start simple. Therefore, if they cannot show any evidence of simple deals that have gotten done, then News Flash, they haven't gotten any done, they just got a lot of jaw wagging done. It's all 'plenty of interest shown at the event' blah blah blah. Trust me, this soon evaporates when people who were in attendance get back home to work and have a) a huge backlog from what they missed whilst they were away and b) loads of real bona fide orders to push through that they scored for their company at the show.
Agree. And it seems all talk of a BO has been completely nullified by Peter's ill advised comment;
"I believe we will do business with everyone who I met with from around the world"
that would seem to nix any imminent BO as it appears to suggest, they intend to go it alone. A mortifying prospect given their current Executive Board skill set!
They are not geared up to "do business with everyone from around the world" and seem not to understand that it's one thing to have a good product, but quite another to bring it to market profitably and at a price consumers are willing to pay.
This is a company with what is ostensibly a good R&D and Operations team, but nothing else. Take this as a very simplistic model:
Typical business organisation departments and functions
"A typical business organisation may consist of the following main departments or functions:
Production
Research and Development (often abbreviated to R&D)
Purchasing
Marketing (including the selling function)
Human Resource Management
Accounting and Finance."
I don't think by any stretch, this little club has got the last three covered. So my hope was that they'd be bought out lock stock and 2 smoking barrels. Peter's comments suggest otherwise and that leaves fears that potential Acquirers have done their own DD (to a far deeper level than we are able to) and concluded that currently SHMP is not an attractive BO proposition. Why?
This company (in its current form) taking this technology to market, was my biggest fear. I do hope to be wrong, please let me be wrong. But this could be the biggest let down since Douglas Englebart invented the mouse!
In 1961, Doug Engelbart came up with a device that would let computer users select a coordinate on the screen. It involved a pair of wheels at the bottom of a wooden block that would record movement and translate it to the machine. The patent was granted to his employer in 1970, but shortly after, a Xerox scientist took Engelbart's concept and modified it to use a ball instead, which was enough to file for a separate patent and cut him out of compensation entirely. Just being the first person to have an idea isn't enough if someone else can implement it more effectively.
No one is saying they aren't. What I'm saying though is that this is MM heaven. They will pulverise the price down to levels not seen since early January in order to accumulate more before they let it run again. And with the kind of pathetic PR being posted through possibly the most stupid delivery medium available FB (king of the fake news), we have little chance to stop it.
It needs a good solid announcement of contract(s) signed, today, or it will be <20 cents by the weekend and <10 cents and trips by the week after.
This company has no concern for the short term share price, perhaps even they are happy to see it go down some more so they or their friends can acquire low.
Having bought low in the .02's and averaged up, even having taken some profit off the table, it's pitiful to see what they are doing to kill the stock price now and I'm pretty sure that is not unintentional.
One piece of solid news (even on that trashy social media platform) might have done the trick, but there's nothing but hot air coming forth.
PS for those preaching TA, this chart is not good for longs. If it breaches 30 cents psychological support It'll tank to .2 in no time.
Manipulation personified.
What a shame!
Without a catalyst, utter nonsense.
I think this post is demonstrable of the problem here. Successful business people never rest on their laurels. What they did in the past is irrelevant, it's what they are doing now to affect the future. Perhaps go run a business yourself or try and you will see that you really are only as good as your next deal. Meanwhile, goodbye, I've no time for the naive and uninitiated.
One word. Timing!
We are invested in SHMP not F&T. Peter's FB post (which let's face (book) it, is a pathetic means through which to put out PR into the market), effectively killed the stock price for the short term. I gave it the benefit of the doubt but when you drill down into his wordy discourse (wordy is a nice way to hide the fact that you've actually got nothing meaningful to say), it was fluff and nonsense.
What was discussed (according to what he wrote) could have been done so by picking up the phone. No agreements (even in principle) have been signed and this is the event to do so. A non event, still no Harvest statistics and still no meaningful parties of interest.
The stock as a trading vehicle is back to pure speculation and without a catalyst, that means down trending now until further news. Very disappointing but not surprising given they have no commercial acumen nor the personnel to grow the business. In short, they grow shrimp (we don't know how well as they won't publish results), they do not know how to grow this business. Given what they are supposed to have, they should have walked away with a briefcase full of LOI's. I'll bet they came back with an "I love New Orleans" hold all, full of stress balls. Kindly send them out to us investors, we're gonna need them when we pass 10cents otw down.
I do hope Peter doesn't post again, period.
WTF is the professional C-Suite Team!
What's legal about thieving shares, selling high, panicking the market then buying back so they can give back their stolen shares.
Why aren't the authorities, SEC, FBI knoking on thier fickin door?
should pin this post.
Market doesn't like it. Tankathon out there now.
Was about to post exactly the same para.
Ok fair's fair. THIS is how business is done at these events.
Hat's off to their stamina (I know that feeling well).
Next news please!
Slight concerns:
No agreements proffered even MOU or LOI non committal style. They are easy to get done as can be easily backed away from and had they done pre-event negotiations with said companies, they would have come prepared to sign such agreements.
So it sounds to me like this was the intro stage of the proceedings which, to my mind, should have happened before, but hey, not to take anything away from the (ostensibly) great achievements.
where posted?
Looks like another work of fiction or a vivid imagination.
Facts, not rhetoric. This post is meaningless.
If there is a BO, it will appear on the prospective Acquirors PR first and not NS. I suspect nothing of the sort, but then again, whoever did/does buy them out, will naturally wait to press down the price so any BO comes with its own hazards of price manipulation and all of the OS can assume the position.
Unless NS put out a strong PR soonest, this trends down imo and unfortunately, having no top business guru within the business, good PR has not been their strong point todate.
I'm not happy. This event has been a real missed opportunity. Who wants to see pictures of them revelling on their own with family members in NO......seeeesh!!! Not to mention, they look about as business like as that guy pushing the supermarket trolly full of waste paper down the street!
Some of us here speak the truth regardless of whether we are invested or not. You can save your term "bashing" for those that post needless detritus and not, well qualified observations and comments.
If it's good, I'll be the first to say so. But I am pretty much convinced now that this event has in fact been a non-event and a missed opportunity as far as furthering the commercial potential for NS technology and I really do hope I'm wrong but my gut and experience tell me that all you're going to hear now is a series of positive platitudes of vacuous content and a continuation of endless testing of the system which will impact the pps in one direction only. Why didn't they make any formal presentation of their results during one of the breakaway sessions?
NS should have put out a PR today with any stunning developments. Failure to do so will fundamentally negatively impact the stock imho.
This posted on FB I 100% agree with:
"It is nice to see pics of the Nat Shrimp team having a good time in NO and enjoying comeraderie at meals, but I am far more interested in hard data, as in number of meetings scheduled in the hotel room with prospective 1) licensees, 2) buy-out companies of the entire Nat Shrimp corporation, 3) grocery store buyers of mass shrimp orders, and 4) anyone else interested. Not asking for names, just confirmation of serious meetings, the results of which could lead to an uptick in price per share."
Where did they find the time for all these social gatherings with family members at the eod? I know when I've been at such gigs cracking out new products and technologies, the shows went on until 9pm and then we socialised with potential clients, not family members.
This looks more like a "testing the water" jolly (pardon the pun, as I'm sure they are expert at testing the water!), than any serious attempt at presenting new technology and closing deals.
I think the next thing we will hear will be them wax lyrical with fluff and nonsense about what a great event this was and that they have plenty to work with, without qualifying any leads, or announcing any deals whatsoever.
That would be my guess at this stage.
sorry to be the sceptic again but can you elaborate:
The Patent is Proved PROOF?
There is a 90% survivability rate PROOF?
They just attended a conference where a bunch of companies want to meet with them for JV's and Licensing agreements. PROOF?
Your third point is supposition. What I saw from the photos was a couple of middle aged men accompanying a geriatric, on a tour of an exhibition which is clearly their passion and possibly, his last. Sorry I don't mean to be cruel but he's hardly likely to be the Shrimp Sheikh at his age now is he? WTF is their Senior commercial guy?
What I did not see is more telling.
I did not see any evidence that they have done anything other than walk the show, talk the talk and work the room. You'd need to attend a few of these in a business capacity to get the drift on what I mean, but there is (as yet) unsubstantiated rumours of discussions with the big players. Why then were they not showing pictures of the stands of said whales actually there in attendance.
I'm not convinced that we have got the timing on this right and it's going to be a mega slow burn rather than a run to the door with contract in hand.
Again.....WTF IS THEIR COMMERCIAL GUY?
hmmm I'm guessing I'm a bit older than you. What happened, did one of the characters in Aesop's Fables go amphibious? Must have been a Ninja!
ooops we all make mistakes.
No offence if I've committed a faux pas
But one has to police these statements
Apologies, perhaps you just mistyped what you actually meant to say ...... and I do not want to spread proprietary information
GLTA
Can anyone tell me why As < OS?
Market Cap
12,459,078
03/05/2019
Authorized Shares
50,000,000
07/27/2011
Outstanding Shares
312,257,582
11/16/2018
There's no answer that! But if you knew anything at all about the rubber business, you wouldn't be trying to take the piss.
Bro, I live in Asia, I trade Rubber et al commodities as an Agent (Physically). In other words, I move the goods around the region from Seller to Buyer. I've never heard of this tech, ever in 10 years of doing this particular line.
Have been in more rubber factories than I care to remember both at source during processing and at end-manufacturer downstream. Sometimes wish I had a peg on my nose. If they can rid the product of the odour without affecting other technical attributes of the product at either the raw material stage (Cup Lump from the tree), or presumably during the processing into TSR (Technically Specified Rubber), then this is a billion dollar business.
Why are they not doing it?
Something smells distinctly like raw rubber to me here (ever smelled it? smells like excrement).
Oh dear. If that's the reason and not because of the business fundamentals, then ya'll are in deeper chit than I first thought.
Just keep posting that every day oh knowledgeable one. One day you'll be right and you can crow loudly about it lol
Thanks always appreciate your input. But this one's got me rattles especially with my knowledge of the rubber business. If this tech is so good, why isn't it being propagated globally, particularly in the region of the world where I live which is Rubber land.
Completely agree with your PM.
I'd say, after the recent run, anyone with profit should TP. Anyone with small loss, Run. Everyone else, God help you.
Let's be clear here, these are tiny deals and a level of financing that some traders in the OTC markets have invested in stock, i.e. utterly pitiful.
With a 30 year career building business in International markets, I can say (and have said repeatedly), that this guy Butler is right:
"Verus International Inc. (VRUS)
Easily the dumbest stock one could possibly own, Verus is involved in trying to build an export business to overseas markets. The company has almost zero appealing financial factors. I own it because my blessed cousin has a knack for finding successful penny stocks.
I do not recommend Verus to anyone. It's a terrible investment, but in full disclosure I do own an absurdly small position on the off chance that my dear brother from another mother is right once again. Verus just announced a $10 million deal for supplying honey. I'm currently up 34.7%. Don't get too excited, folks. This is still a penny stock, and it is one of the smallest holdings in my portfolio."
1) All the news is fluff
2) They still have not submitted their financials promised over and over again with deadlines passed
3) They have homogeneous products supplied through multiple distribution chain, not owned by themselves and with very little differential advantage
4) They are therefore winning contracts based on strong price negotiations
5) given 4) we must assume they are slashing margins to the bone in order to beat off stiff competition
6) Such contracts are pitifully small (typical rice contracts run into the 10's of millions. $4m is very very small)
I bought this stock thinking they must have something really really big coming up their sleeve:
- major cobranding project-
- major private label contract
- BO of upstream supply chain partner
- acquisition of downstream own-branded retail channels
That kind of thing.
I now fully believe this is not the case and we have been duped.
Why?
Well the lack of accounts plus putting out cynical PR about deals that a fresh out of grad school sales rep could have closed and bigging the up as something Anshu has been working on for months, leaves me no choice but to completely distrust the C-Suite of this two bit, ten a penny company.
They have nothing, that's why you're hearing nothing.
10K will show this and put this stock back to sub 0.002 quick smart.