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Please stop giving me the accolades about my knowledge I so deserve. It's unhinging a few people. No credit needed. The record is the record.
What were the conversion terms on the Preferred?
Yes sir. Look at the projection of revenue
He knows, he knows what my next question will be which is why he won't answer the question.
Unfortunately I have struck Franny's sore point. Refuses to state the convertibility feature of the preferred. Quite sad.
No sir, it's called the statute of limitations. Not over.
Not finished. Since I know you are aware of a little something called the statute of limitations, you have a long way to go. You have now broke your record in good tries. This is a classic alleged fraud case which will easily survive a motion to dismiss. And each SHMP shareholder has a current lawsuit with no SOL under the continuing accruals doctrine. So if you are a lawyer, you're not a very good one. And if you are being fed lines by a lawyer, he needs a refresher course.
I agree with that 100% also. So now here comes Fancy Franny to predict that the hearing was fair. Not correct. The NSH shareholders were never informed of their position.
Franny, that is not the conversion feature. Very good try but the world is watching. What was the conversion feature?
You are 100% correct. Most importantly, the conversion feature of the Preferred that NSH owned was never revealed to the Judge. There are so many factors that make that lawsuit an obvious SHAM. SHMP's lawyer could have filed a MTD but did not because the lawsuit was planned.
And Jack Walker, Texas CPA is his brother. BTW, both super nice guys. And Franny refuses to state what the conversion feature of the Preferred was. I am sad for him.
Anyone that knows the company knows that Steve Walker was business partners with former Chairman Bill Williams on other public companies. He was also a shareholder in NSH. The relationship goes back many decades.
That is why Franny refuses to state on the record what the conversion feature of the preferred was.
100% correct which is why he refuses to state on the record what the conversion feature was for the preferred. When he answers that, he knows what I will say next which blows him up. The lawsuit was a sham
Please state the conversion feature of the Preferred. Or does the answer defeat your narrative. I know you're scared to but take a chance.
I think someone said it will test 1 penny by the end of the year. That was me.
Exactly, Franny refuses to answer the question. As the stock is about to head for sub penny land, the lackies will not answer the questions. What was the conversion feature of the Preferred?
Ok, Franny passed the first test.
Let's see if he answers the second question. I don't think so because he knows where I'm going.
Please state in particular the conversion terms of the preferred stock that was owned by NSH (as you admitted)
I love asking questions which the lackies refuse to answer.
Watch this.
When the lawsuit was filed, did NSH own a preferred. Yes or No?
Hint, one answer is a fact.
You keep repeating that. More importantly, why didn't he represent himself or his brother who were both NSH shareholders.
Watch this.
If Utah Flash and Franny are so comfortable with the transaction, why don't they post the letter from the Chef advising NSH shareholders of their rights. Neither attorney would even put their name to it. The letter was actually sent by the chef. That is a fact.
Me. Fact.
Folks, we have struck a very soar cord with Franny and the Series A.
Wonder why? Hmmmmm?
Franny. I actually thought you were innocent.
Very simple.
When the asset purchase was completed in 2015, NSH received their shares,
Case over!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
When those shares were exchanged for preferred, it broke Nevada law.
Case over !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
When the lawsuit was filed, it was a fake lawsuit,
Case over !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Any questions??
Yoiu are purposefully deceiving.
I am quite sure that SHMP and their lackies do not like the fact that I continue to highlight the Series A transaction which blatanty violated Nevada securities laws. If that transaction is ever examined by the regulators, SHMP will have a major problem. However, they already do. Stock should test 1 penny shortly.
Franny and Utah. Your teamwork is not working. Good try and A for effort.
Sir I will guarantee you Franny is not a lawyer. I explained the preferred stock transaction months ago and my analysis is 100% correct.
Sad man. It is now clear to me you know exactly what you're saying and it is quite sad. When the stock breaks a penny very shortly, apologize to all the people that believe you.
100% correct. We are now skiing with a spark plug company.
Was I wrong here or do we need a prescription for a foot in the mouth?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172803953
I did predict a very short time ago the stock would collapse. You should have listened to me instead of trolling for suckers.
Really, please name when I was wrong. On the registration statement- yes. And after that?
Very sophisticated EQ believes that when SHMP knew they had a PL problem, they had 72 hours to either file an 8K or issue a PR.
Once again. Zero clue. If that transaction would have taken place with a NYSE or big Nasdaq company, not only would the stock have been immediately halted, but it would've made headline news on CNBC. It was a blatant violation of Nevada state law. That preferred stock took virtually all rights from common shareholders.
Franny and sadly, you have absolutely zero clue what you're talking about. It is sad. And the pathetic thing is that there are people that purposely mislead. You have zero clue. You actually believe what you're writing. Perfect point. Operational costs are not going up. That is because there are virtually no operations. Is that difficult to understand.
At no time has one of my posts ever been posted with malice. In fact and if you look at my entire history of posts, I have said I hope it does well for shareholders many times. However, I don't like when someone posts about his sources and says I'm wrong based on frenzied BS. For example, US Foods. Isn't it common sense that there are virtually no sales being generated from US Foods. And trying to insinuate that is wrong is a lie. Isn't it common sense that even if Niterra was truly interested, isn't it common sense that Niterrq is in a much better position to negotiate a good deal as opposed to SHMP. That is if they were interested. Isn't it common sense that the company is in beyond deep financial trouble. UF says someone would buy Fife out. Yes, maybe $200,000 at a time at 30 percent discounts. However and with the list of lawsuits that the SEC has against toxic lenders, I don't know anyone that would want to do it because the risk of an SEC lawsuit is great. Virtually every player that was in the toxic note business is gone.
You do realize that news of the Homegrown issues were known many many months ago and it is impossible that SHMP didn't know about it many many months ago.
He won't answer. LMFAO too funny. That is hilarious!! His sources said they are moving forward. LMFAO
I'm hearing 6,000,000 facilities. Just in Tokyo. They will call it Natural Very Expensive Shrimp.
The plan is to re-brand
Mr. Ito's Natural Very Expensive Shrimp.
Have you ever been to one of their stores. Very real. The stores, was not a scam
1. No US Foods sales. REAL FACT: The company does not break out sales by customer, so whatever you say is just your opinion, WITHOUT ANY factual backup.
Real Response. As I said, pie in the sky scenarios. They are doing business with US Foods, just a secret. Well if the company keeps secrets, why did they gladly brag about the fee from Niterra. Secrets and pie in the sky scenarios are what they are - frenzied BS!!
2. The company has $30M in debt and that no lender would refinance this asset. REAL FACT: There are several non-bank lenders that will finance this type of asset. Just like CVP financed it originally. Original debt investment was $19M, not even close to $30M as you have discussed. READ THE FILING, particularly around the extensions provided by CVP, You should pay particular attention that there has been no default, like your other continuous claim.
Real response Once again, pie in the sky and actually a miisleading lie. To try to even represent that Fife loves his position is 100% stupid. He is not converting shares right now because of his SEC lawsuit. There is only one toxic note player that would have deep enough pockets in North America to take out Fife. Anson - and they aren't touching this with a 10 foot pole. Fife with exit in 2 seconds- he can't. Who in the world would take Fife's position. Most every toxic investor is not even in that business any longer - so no one I know of would take Fife out. Zero chances for a bank and little to no chance for a conventional lender.
As far as toxic investors, no one wants this because the total debt is more than the market cap. Once the stock goes under 1 cent, there is a significant risk that you can't deposit.
So good try.
Your approach to investment analysis is two fold. IF is a valuable word. Outlandish is a realistic scenario.
Here is your problem. You lose all credibility when you attempt to place SHMP in the department of financially healthy when it clearly is not. More importantly, you post pie in the sky scenarios like they'll restructure the debt. That is absurd. Restructure with who. Give me one example of the type of lender that would have ANY interest in the SHMP debt. As far as your post, none of that falls on SHMP and their tech? Really? No one would put up the $5,000,000 but you post that $30,000,000 will be restructured. WHERE ARE THE US FOODS SALES AND WHY AM I A NAYSAYER IF I ASK THAT QUESTION.?
Can you please post the earth shattering news on Thursday