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I noticed that too and smiled
It's the little things in life.....
I'm not completely sold on the idea that I'd want Tyson to do a full acquisition of SHMP
Right now SHMP is not an industry accepted way to grow shrimp. The share price is 35 cents. What would Tyson have to offer to buy out the company? $1 a share? $2 a share?
SHMP is in it's retail infancy. So its' cheap.
I'd rather them do their thing and prove market viability of their product. Raise the share price to $2 organically, then talk buy outs that caused the share price to go up 1000%
About this Whole Foods thing.....
Temper expectations.
Whole Foods is a national food seller. They could need hundreds of pounds of shrimp a day produced locally all around the country to meet their needs. Natural Shrimp is not even close to being able to deliver that kind of capacity.
That is not to say they couldn't be able to do that in 3-5 years. Or that they couldn't sell a smaller amount to a single local store in the near future.
But this dream that the stock price is going to be $100 tomorrow because they will be in every Whole Foods store in 6 months is beyond wishful thinking.
Whole Foods probably visited the site to due due diligence on a future deal. But a national chain like that will be thinking 5 years out for possible distributors and vendors.
There is no deal imminent with Whole Foods that will skyrocket sales. Stop waiting for news of it.
The thing that could drive the share price up soon is licensing deals for other farmers to use the tech.
Realistically that will probably be a small farm that is willing to take a chance. And that will grow slowly into a large scale licensing business. But there is that chance that a major industry player will bet big on it and the share price will go stupid high within 24 hours. These things do happen.
I think SHMP will do VERY well in the long run.
All I am saying is to temper short term expectations. You will sleep better. You will panic less during dips. You won't get frustrated when the rise in share price seems slow. And then is Tyson Foods does say they are investing a kajillion dollars into this and the share price booms to eleventy bazillion dollars a share overnight....great! It's a happy surprise.
Is this like an official news statement?
This is nothing new to anyone who's been paying attention, but you say it like it's been made official or something. Is there an announcement of some kind?
They are actively trying to sell their system. Their website is just a sales site to buy the methodology they use.
And none of the major industry players are buying it.
I looked into RDM and something doesn't sit right with me
They are using a biofloc system, which is the farmed industry standard. The major industrial players with all kinds of R&D capital to work with get a 50% mortality rate on a good day.
But this little mom and pop farm managed to unlock the secret to 10% mortality in 3 years using the same general concept and none of the major industry players noticed?
Their whole business model appears to be selling franchising rights to their system. So it's not like they are trying to keep their methods a secret. They are trying to sell the methodology. But none of the major players bought it?
I mean for a major shrimp producer the system RDM is selling wouldn't involve a major overhaul to their current production methods. It would involve small tweaks to their existing systems. Meaning it would be cheap and easy to upgrade what they are already doing....and none of them bought this little farm for a few hundred million dollars?
None of them are licensing the RDM system?
The RDM system is only spreading locally in the mid west to a few small farmers brand new to the shrimp farming game?
Something doesn't sit well with me on this.
Natural Shrimp's methodology involves a total overhaul of what a current shrimp farmer is doing. New tanks. New systems. New training. Etc etc etc. And they are getting industry attention. But RDM offers a way to make a minor tweak to current production methods for an 80% increase in product and no one has bought them out or even licenses their methodology?
It just doesn't feel right
This is very reasonable too.
All I am saying is don't have your finger on the sell button just because you don't hear great news the day after the conference is over. There may well be a solid deal to announce. But there might not.
But just because they don't have any firm contracts signed a week from now is not a reason to worry. There are very probably scenarios about why final deals could be 6 months out.
Though you are right. This weekend could be a formality for a deal that's been agreed to in principle and big news will come fast.
It could go either way.
What I don't see happening is the industry saying "Meh...not interested."
Keep expectations in check on the conference.
Odds are that any deals they make at this thing will be preliminary pending further review of the La Costa facility and due diligence by the tech people at the potential partner...etc etc etc
Natural Shrimp would likely not release any such details of potential deals until they are in writing and ready to roll. That could be weeks or months from now for partners they meet this weekend.
That's bad news for short term flippers. But I don't care about them.
It only takes ONE licensing agreement or partnership to show real world financial viability of this thing. The first one is the hardest to get. The market knows that. Once they get one deal done the share price will go boom. Then more deals will follow.
None of this is going to happen in the next 10 days. But it could very well get started in the next 10 days.
This is what this stock needs. Plain and simple.
It needs news that shows future income potential.
It is reasonably priced under .50 now based on the possibility of future income. Actual proof of it is what is required to make it go up much further. But if that news comes out of even a single licensing agreement that shows market viability....boom.
And that's NOT likely to come during this upcoming conference.
SHMP might make a deal during the conference but they won't nor should they announce it until the contract is signed, which could take weeks. Any potential licensee will want to visit La Costa to see the facility and get an idea of maintenance costs and labor costs, etc etc etc.
So don't expect huge news out of this conference.
Great things might HAPPEN at the conference, but I doubt we will hear about them for weeks or months until deals are final.
They aren't going to allow buying today.
Did you see teh buys going through at the .36 ask? Tons of them. Going along as fast as they could load when all of a sudden someone lowers the ask to .359?
Why?
Why would anyone do that unless it was to purposely bust up the rally.
Then suddenly a bunch of .35 bids go through below the bid?
Now the ask is down to .349?
None of this makes any kind of trading sense. None of it is organic. This is HIGHLY manipulated. And the people involved in it are right here on this board spewing their nonsense about how PR's don't list specific dates of events they previously attended.
And then when they announce a licensing deal the share price will skyrocket from wherever it lands.
It's not misleading.
Everyone understood it but you.
That PR wasn't for you and me as investors.
It was for potential partners they plan to talk with at the conference.
I'm long on SHMP and even I don't care about what the chef says or what fancy audience liked the shrimp. But I bet large seafood distributors that will be at the conference care.
The more I see from these guys the more they are doing it right.
Either you trust the company you are investing in or you don't.
If you do, the information they provide about their plans is all you need. Any other information is conjecture, period.
If you don't trust the company, why are you investing with them?
That being said, you should verify what the company tells you even if you trust them. But don't look outside the company for extra information.
Don't worry about negative reviews. A handful of them makes the reviews look more organic and authentic. People tend not to trust reviews that are 100% 4 and 5 star.
A cure for cancer on Amazon wouldn't have 100% 5 star ratings. So don't think too poorly of the 1 stars. In small numbers they work in your favor, ESPECIALLY when they are stupid and have to do with a can being dented or whatever. Then they both give the reviews authenticity AND are quickly ignored by shoppers
Ew...look at the water she grows her shrimp in
People eat those?
The one major downside to becoming a SHMP investor is all the DD I did on the industry sector. I can no longer eat shrimp knowing how they are grown. The though of eating them makes me queasy. And that stinks because I LOVE shrimp.
Aside from making a lot of money, my 2nd biggest reason to want SHMP to succeed is so I can enjoy eating shrimp again. I just need my food to come out of water that doesn't look like used motor oil.
There isn't even evidence that there is ANY WSJ story. It was just a rumor started here on iHub that everyone jumped on like it was the word of god
I swear it's like some people have never used the internet before
I do wonder why they aren't selling the HighDrat waters on eBay though
Unless they aren't and I just can't find them.
https://www.ebay.com/sch/konagoldcompany/m.html?_nkw=&_armrs=1&_ipg=&_from=
I sell on eBay.
The feeds are about 12% when you add in eBay and PayPal. And that is for me selling old stuff out of my basement. Business sellers have access to lower commission rates with both eBay and PayPal
So let's call it 10% loss to commission.
Yes, 10% loss sucks. But Kona Gold is buying exposure with that 10%. Making it easier for me as the consumer to find it and pay for it WILL raise sales by a certain %. So some of that 10% is made back immediately just by making it easier for me to buy it.
Then there is the exposure on a REALLY popular sales platform. The more sales on eBay the more Kona Gold shows up in peoples' "eBay thinks you might like this product also" recommendations at the bottom of the page. And that could easily increase sales by more than 10%.
So it's up front loss, long term profit.
It's the kind of thing that would take 7 years to get going but then going forward could be routinely profitable.
Think about whiskey. They make a barrel of it but can't sell that barrel for a few years because it has to age. This year they are selling the barrels they made a few years back.
So they have regular income, but each new barrel is a few year investment on a future return.
Now that's different that lobsters. The whiskey sits in a barrel and is ignored for a few years. A lobster has to be regularly tended to and fed. The electro tank has to be maintained. It's not like you can just put baby lobsters in the tank and forget about them for 7 years.
But on the back end....a full grown lobster is worth more than a bottle of whiskey. So it would make sense to the right farmer who has the up front capital to run for 7 years without income.
It could also be done in 1 side tank in a shrimp farm. So you don't have to hire people just to watch the lobster. You can have the shrimp farmers walk over and throw food in the lobster tank for 5 minutes a day. I think lobsters would mix better. Babies with full grown. I don't think they eat each other. So you might not need 7 tanks for each grow year.
You may also be able to make them grow faster in captivity with more robust and steady food supplies. Wild lobster have to find their own food. But in a tank you can give them as much as they need and maybe cut the grow time in half.
THE POINT IS THAT THE LOBSTER ARE COVERED ON THE PATENT
So it someone wants to try this, SHMP can charge licensing fees to do it. It's the lobster farmer's job to figure out how to make it profitable. SHMP can get theirs on the front end.
Technically the shark thing would work. But there are pragmatic issues with it.
First off you still need parent sharks to breed. How do you get the baby sharks? That's problem one, but could be done. Things like that are accomplished all the time
Second, the sharks would need more room to swim than shrimp. Shrimp can be crammed into the tank like...forgive me....like sardines. Sharks need to move around. But you aren't trying to sell them for meat if you are trying to repopulate a species so you can have a lower yield. You also don't need to turn a profit if you are doing it with grant money. So the financial dynamics change in your favor.
Third is the real problem. This is the one that's harder to overcome. Animals breed in captivity usually do poorly when released into the wild. The formative growth period where animals learn to deal with predators and learn how to hunt their own food....animals breed in captivity don't get that and they die when put in the wild. I don't know how you overcome that. Maybe you have to breed 10,000 baby sharks and hope 1,000 live more than a week when released in the wild so those 1,000 can grow up and have babies that spend their entire life in the wild.
It's the chemical name for water
dihydrogen, meaning 2 hydrogen atoms or H2
monoxide, meaning 1 oxygen atom or O
H2O
It was an April fools joke someone played in the 80's. Had a whole city in an uproar over how the city water pipes were filled with this chemical dihydrogen monoxide and people were drinking it
It's been redone a bunch of times
Penn & Teller sent someone to an environmentalist protest to get them to sign a petition banning dihydrogen monoxide, saying it was in the water and caused all kinds of problems like rust and that it was used in most chemical compounds. People couldn't sign the petition fast enough to ban water.
Hilarious
THE SHRIMP ARE SWIMMING IN DIHYDROGEN MONOXIDE!!!!!
Do you know what dihydrogen monoxide does?
It causes metal to rust!
It is used in nuclear reactors!
It is a fire suppressant!
Do you really want your food living in this stuff!?
I kind of want to point out that the paid basher is mostly made of chemicals. Maybe it'll freak him out.
SCIENCE!!!!!
If you're going to start with technobabble would may as well point out that the water itself is a chemical too
Private meeting room....hotel room....room in a hotel....whatever. Same thing
Point is they do not have a booth on the convention floor
This is neither a good or bad thing
Natural Shrimp does not have a booth at the conference
They are holding meetings in their hotel room
Today's was not a trash pumping PR
It was a CYA PR to offset the disappointment Peter Letezia set up by over promising for the last month.
From that standpoint Natural Shrimp did a great job of reacting to what they would would be a disaster of no PR and giving the best update they had.
If we hadn't been listing to Peter for the last month today's PR would be FANTASTIC!!!! It's only disappointing because it's not to the level Peter lead everyone to believe it would be.
What Natural Shrimp needs to do going forward is to keep Peter restrained.
Underpromise.
Overdeliver.
Never do the other way around.
I suspect big things will come out after the conference next week.
This.
This, right here.
Its not a bad PR
Its a very good PR
Problem is it doesn't live up to to hype Peter Letezia purposely created. And he knew better.
So screw that guy. His word is now mud. He is totally unreliable.
The stock will go way down today. This PR would have made it go way up without Peter's previous hype.
But this is good news about the long term viability of SHMP and as a long...I'm happy with this
Peter can suck an egg though. I never want to hear anything else that guy says as he's full of hot air. Natural Shrimp needs to get control of him
https://finance.yahoo.com/news/naturalshrimp-inc-completes-testing-patented-123000788.html
DALLAS, TX, Feb. 28, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- NaturalShrimp, Inc. (SHMP) announced today that it completed testing its patented technology to grow shrimp indoors with Shrimp Lot 180. “The method worked extremely well and maintained the water control parameters within acceptable limits through the grow-out period,” said Bill G. Williams, Chairman and CEO. The Company has decided to keep the shrimp alive in the tank for additional system testing.
And its all good by the way.
If Peter was running his mouth off when he shouldn't have been and the report doesn't come out tomorrow....the share price might plummet to .15
People, mostly new people, will panic.
But thatcs okay because the underlying tech is still good and will sell itself.
So whatever happens tomorrow...I'm good. I've paid for my cost basis many times over. My remaining large amount of shares can go to 0 and I'm still profitable. But they won't become worthless. Of they drop tomorrow they will be back up by April
That being said I suspect that while Peter is not a NS employee and can't legally bind NS to anything...that NS would smack him and tell him to shut up if they didn't approve of what he has been saying. So I assume implied consent by NS. Bit that is me making an assumption. That is not a fact in evidence
Then I have been in SHMP a good sight longer than you.
And I'm not frustrated at all.
The ONLY pr worth anything are those that come from Natural Shrimp. Natural Shrimp has not made any promises of any delivery dates. Therefor I am not frustrated or worried if they don't deliver something they didn't promise.
I would, however, expect them to put a gag order on Peter if he made bad claims on Natural Shrimp's behalf
Oh...you've been posting on a message board longer than me? That makes you an expert?
I seriously doubt you've held the stock longer than me. I'm not even close to new to Natural Shrimp.
The fact of the matter is that Peter is not a Natural Shrimp employee. He is an employee of a business partner. Natural Shrimp as a company has not committed to providing anything by any deadlines.
If you can dispute either of those facts, go for it. You'll be wrong.
Peter is not a Natural Shrimp employee.
Therefor, Natural Shrimp has not committed to anything.
No, the company did not commit to releasing anything by the end of the month.
The CEO of F&T Water Solutions, a partner of Natural Shrimp, committed to that.
His credibility will be zilch if that report isn't out tomorrow. And Natural Shrimp should answer as to why they didn't stop their business partner from making false public claims (repeatedly).
But Natural Shrimp has never Committed to releasing anything with any kind of timeline.
When are financials due?
Every part of me thinks the next set of financials are going to be really good and shoo the share price up. But I'd like to know when that might be.
Based on their last financial report in mid December I'm thinking mid March. Is that reasonable?
It would sue be nice to have some great KGKG news to discuss. It's kind of sad that the information from the company has become so stagnant that proper ways to tile floors is the most popular topic of conversation here.
(Also....I find it helpful to use tile spacers that are no more than half the height of the tiles themselves. Otherwise the grout is too thin on top of them and tends to chip away after a few years.)