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Most of us didn't get in anywhere near the recent lows, so that's ok for you guys but we're all stuck high.
Post # 65860
FGS keep up man.
Via a devastating RS to OS's, yes no doubt about it.
Don't come here then certainy don't come here to complain you don't like coming here. That's just plain stupid.
Have they posted their 10K yet? Due end Feb.
A word of caution from someone who knows. These 2 new "deals" I see big flaws. Notwithstanding the fact that it's never mentioned the tenure of these supply contracts, so that we can determine the value of the discounted cashflows on the long term repeatable revenue streams, by way of rolls and extensions. And also the opportunities for cross sell/upsell are not given, my main concern is profit.
How much of the $10,000,000 and $4,000,000 respectively, actually drops to the bottom line?
Margins in this business are ultra tight. I'd be very surprised if Verus are working on a greater than 10% GM, with the prospect that perhaps only 5% netts back to the company as NP.
On the stated gross revenue basis cumulatively of $14M, i'd be surprised if this netts > $700k to $1M in NP terms. Therefore without knowing the details, these are fluff PR aimed at placating shareholders rather than stunning business prospects for the company going ahead.
why is this tanking again I wonder
Where I come from, we call this a cock up:
SHMP SECURITY DETAILS
Share Structure
Market Cap
138,534,554
03/04/2019
Authorized Shares
900,000,000
02/25/2019
Outstanding Shares
297,923,773
02/25/2019
Restricted
32,850,041
02/25/2019
Unrestricted
265,073,732
02/25/2019
Held at DC
265,030,161
02/25/2019
Float
1,600,000
04/13/2015
Though on does wonder whether they will go the way of amany an OTC gem and up the AS, Dilute the feck out of it nd kill all hope for shrimps like us.
Hope not.
That's a statement of fact as its MC is multi millions now!
Evidence. Don't just blurt. We all know they have 900.000.000 AS and less than half that OS. Where's your proof they're dumping AS into the OS count?
Aquaculture Products Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026 - Press Release - Digital Journal
http://www.digitaljournal.com/pr/4186254?noredir=1. They twatted it.
I am a shareholder of course.
But Ken, if you read what I actually write (jokes and fun things aside), it's statements of fact that I make, not bashing and not trying to press the price. Would but that I had the clout to do it.
Anyway, been fun, this board always is. Bedtime for this Ikan Bilis.
Hahaha hope for us all friend. People should not assume I'm either a basher or a pumper, but with a career spanning 30+years in Business and half of that at the most senior levels, a double Masters in Business including a quality MBA, and many years in a business advisory capacity, I can see what is missing from the mix here and to me, that's obvious.
Tell you what I think (and I am positive on this), this company is eyeing a BO. Why? Because it's the only credible reason they haven't hired Senior Execs according to the potential of this tech. In other words, they already know they'll sell out to a company that has those strengths on board.
they were bigging up zero mortality buster, i.e. 100%. So 90% is down on estimates, get with the script.
Nah sok I'm back to normal now.
Look, they need a quality CEO who's a businessman and not a fish farmer.
They get that, we're away. Otherwise, they will get swatted like a fly by the Death Star on the retail sales side and the patent isn't worth a jot outside of the US particularly in my neck of the woods (Asia), where it will be copied, bastardized and generally the game will get rigged against them then forced back down their throats.
I am pleading for this company to get a decent C-Suite inc. a known player in the retail sales space as CEO. Then $1+++ doable, else it'll sink to the bottom of the tank (or perhaps tank to the bottom of the sink, whichever the lowest).
Old news. see my post 41308.
Been developments since then!
just pop the decimal point one digit to the left would you mate, that's a better estimate imho
Disaster then! Many so called experts here were posting estimates of 100%. Absolutely laughable. Looks like major shareholder just bailed too.
https://a.msn.com/r/2/BBUgBW9?m=en-my&referrerID=InAppShare think WF, think need to upscale supply chain partners with quality fresh localised produce. Hmmm just thoughts.
Watch the bull trap people. Friday and next week's event pending. These gains are not sustainable imho.
Do you know what the best thing this company could do now? Announce that they are either searching for, or have hired, a top drawer CEO. They do that, this share is $2 overnight. Now there's a bit of optimism for you.
Without a strong management team, the tech, however good it is, not going to be enough. It needs to be driven commercially to success.
Looks like a sweet and a sweetheart deal! Thanks honey!
Yay we're saved. Only a 5 year growth cycle!!!
Nothing short of Diabolical! That bad, it must be fake.
Not the point. It was stated they would provide a number and they didn't. That's a failure to deliver on a promise good, bad or indifferent numbers are irrelevant. They made a promise, they failed to deliver, who's to say that the whole thing isn't now one big hyped up pipe dream?
or they din't reach the required size by the time stipulated. That means longer cycle time, more delays. This is not at all a good piece of PR from the non PR savvy NS C-Suite. Diabolical!
Yes but the Jazz will be good!
The only way this stock ever moves to NASDAQ is if they do a huge ratio RS and we all know what that means for OSH's like you and me. Huge losses.
Fair enough. Could be a bull trap though.
zero% lol. Not one single shrimp decided to cash in his chips? Come on!
Caution, PM volume is not all that. This is $18K worth of shares ladies and gents.
FYKI
CANT | M | Cantor Fitzgerald & Co. | TRADING | 800-214-7307 | Y | Y | N | N
CANT | M | Cantor Fitzgerald & Co. | NASDAQ INTERNATIONAL | 212-829-5475 | Y | Y | N | N
Key:
MP Type: A = Agency Quote, C = Electronic Communications Network (ECN), E = Exchange, M = Market Maker, N = Miscellaneous, O = Order Entry Firm, P = NASDAQ Participant, Q = Query Only Firm, S = Specialist
Not sure the Vowel is correct given their tactics!
looks like the transfer window is open boys:
https://seekingalpha.com/news/3437070-walmart-acquires-aspectiva
Big guns shopping for synergistic bargains.
Bravo
Very much underwater though, don't you think?
Well see now, once you've had a teensy weensy bit of experience in business, you might consider a possible scenario where offers are already on the table from bidders they will be meeting at this event, but are verbal in nature (therefore NS are not incumbent by the duty to disclose such offers) and dependant on the results of the trial Harvest. They go blabber mouthing these in advance, they might nix deals potentially already made and "subject to" and or they might just piss some important industry players off.
If I'm big and want first dibs on any BO, you better tell me first what your proof of concept results are so I can make an offer. Tell the world, I walk.
Fair comment. Trouble is, if they don't get it out by Thursday after so many reminders here there and everywhere that they promised to (oh you naughty shrimpers you pinky shrimpy promised me you'd do it), then pps is going to tank on the strength of a let down like that. So they better get a PR out quick if they aren't going to meet the so called "deadline" and newsflash, NS are pretty darn crap when it comes to their PR machine.
tripping again. Go read their feed on twatter (that's no fantasy) and stop trying to shoot the messenger.
haha didn't matey bought nicely low. I just don't like BS and Hype that's all.
Keeping it real, keeping it honest and perhaps then we have a real chance of this securing a nice ROI.
One would be a little concerned at the way you phrased that though buddy. I mean, if not having bought this low (which I did), were to preclude me from being a huge beneficiary (as the sentence "sorry you missed out on shares when they were cheaper" would seem to denote), then that does rather limit where you think the price is ACTUALLY going from here, doesn't it!
For those not following my logic, if this is such a diamond of an investment, one would suppose one could still make huge gains buying at the current pps or a significant pivot point or support?
What on earth are you suggesting fantasy trp or are you on one?