steady on tiger, I am posting what NS themselves posted on their twatter feed:


Aquaculture in Canada today generates $5.16 billion in economic activity and employs over 25,000 people., one of the fastest growing food sectors in the world bit.ly/2GLK8ik

Friendly bet. You won't see it in February. Want to know why? Because they will keep it under wraps until after this:

https://www.was.org/meeting/code/AQ2019

Makes no sense to release it before flagging it to potential investors and seeing their share price potentially tank (again) on profit taking.

It's all conjecture. I mean, how many times have we all walked WF's facility without buying anything! This suddenly appeared on the NS Twatter feed. I wonder why?
https://www.seawestnews.com/aquaculture-ambassador-steven-bourne%EF%BB%BF/

One does not publicise these things until contracts are signed. Surest way to nix the deal. Don't believe it.

Dreaming. Gap up after RS maybe.

None of what you have said here can possibly be known.

a) you do not know the HR is out this week
b) you do not know what the price will be after it is
c) I don't think you know anything about trading

Please keep quiet, your messages are drowning out the good and well researched information posted by people that actually know what they're talking about.

Hey don't shoot the messenger, I didn't post this ancient news here.

He mentions next week there at a big show (obviously this
https://www.was.org/meeting/code/AQ2019 ) and information will become public. Guess the HR will not come out prior to that event.

where is it shown on the website?

2 mins 50 secs into this, he starts talking about the shrimp appearing "later on this year and then really, probably the majority of next year" in the high end stores. That friends is a long long way off!

How do you know when this was posted and/or recorded?

What rubbish. Cannot predict with such accuracy. Forget your chart, lines here there and everywhere. Watch the price and volume.

Can anyone tell me why the AS is >6x's < the OS?

Share Structure
Market Cap
16,861,909
02/22/2019

Authorized Shares
50,000,000
07/27/2011

Outstanding Shares
312,257,582
11/16/2018

volume today is piss poor

Hasn't the legs to walk. Pure vomit this sham of a company. My biggest trading mistake to date. Just a bunch of seamstresses with a few loss making retail outlets like a millstone round their neck.

Dead and being plundered with diluted shares from an 8:1 AS uplift and a crooked incompetent CEO.

Run time!

Sure as hell wasn't wearing any leggings!

TooFrank, thanks for the PM. Not a member yet so cannot reply privately but congrats to you. You've clearly played this counter very well.

It's the Chinese year of the pig and I think I just saw one flying overhead.

Pillows as a product for this company seems appropriate somehow.

Zzzzzzzzzzz

Sell on news is not limited by industry. Look at recent history. Do you think MM's and SS's are going to let this hit $1 psychological resistance and probably an OB RSI without pressing? That's why the report alone won't cut it. Report must be conjoined with substantial interest by way of tutes buying, JV's pending and Major Key Accounts prospects, or it's off the cliff again imho.

But 12 weeks is what other producers are doing, that's already been established so please keep up, it's tiresome to have to keep repeating things.

Look, what's the date of this article?

https://www.expressnews.com/business/article/Texas-sized-shrimp-dream-at-long-last-proves-13581032.php

Even if you go by the 4th Feb, as being the 22 weeks point stated, we are now at 24 weeks and still no sign.

BTW that is double the process time of other producers so halve the mortality, double the process time, what's the point? Does not make sense commercially in the fmcg industry, with highly perishable products, fast stock-turn is a key profit driver.

I think my information is correct, it's your thinking that's incorrect bro.

They can have all the data ready just not formated as a report. Delay as long as they like with zero compliance issues.

Agree. HR is baked in as +90%. Either way it's a sell down event, sell on news (profit taking) or sell on disappointment (short selling and dumping). If unaccompanied by JV/Partnership/Buyer agreements, this goes south. The uptrend we have now is speculative only.

Don't tar us all with the same brush. Some of us already learned!

Keep it real guys. Whether the Harvest results are out or not (and who knows they may already be), do you think they are going to make it public before having had the chance to have their Jazz symposium at https://www.was.org/meeting/code/AQ2019 ?

They need to keep this under wraps so they can big it up to potential stakeholders at this event.

Don't expect much before then. Just enjoy another master at St. Thomas:

Maybe that's what the fortune 500 collaboration meant.

Jazz....

Trane.....

Oh yeah I've deciphered it, this is all about the late great John Coltrane

Better hope they are about to take.......

ermmmm I think thee needs to get a new abacus. a 12 week cycle equates to 4 cycles/year with an average annualised 48 working week/year.

Remember, Asia have CNY and other festivals (I know I live here) and the ensuing bun fights take out a min of 4 weeks production time in any given year.

So there, that's where I get it from.....ok now, CATCHING UP?

If you want to raise a moot point, then kindly back up your argument with actual hard data.

Mortality rates if 50-75% is bunkum. What sensible operations manager will settle for a process where they have to throw a 1/2 to 3/4's of the finished goods in the bin.

If you'd spent any time in manufacturing in any industry and on any level, you'd realise that this is utterly inconceivable and the C-Suite would have the Ops Director, out the door the very first time they delivered such a catastrophic return on assets employed.

Read my posts and get your calculator out. Perhaps you may need to take your shoes and socks off to count properly!

Let's not forget though people that a crop cultivation cycle of 28 weeks is, by industry standards, extraordinarily long and as I have also said before, from an accounting perspective, it will be a difficult proposition commercially to fully exploit, even if the Harvest yield is 50% greater than under a normal 12 week cycle (and that is very debatable as I do not believe these 12 weeks from spawn to market have a 50% mortality rate).

So on these numbers, the commercials simply do not work and it's a good job this is only a test run and process improvements to drive down the cycle processing time are pending.

One does have to ask, is the mortality rate that much lower because they are taking > double the time to grow the Shrimp, because if so, the technology issue becomes an irrelevance and the whole patent thing turns into a sad non event.

Who needs a patent for a process that takes so much longer to get a more or less homogeneous product at the end of it. It would be like Henry Ford offering Blue cars all those years ago, as long as you're prepared to wait twice as long. No thanks, I want my car quickly. No thanks, I need my shrimp quickly.

My thesis was based on this article:

https://www.expressnews.com/business/article/Texas-sized-shrimp-dream-at-long-last-proves-13581032.php


and these comments which were dated 2/1/19:

The translucent, beady-eyed crustaceans zooming through the salty water are now into their 22nd week of growth. They’re about 5 inches long and weigh about 18 grams apiece. They are gulping down food pellets dropped hourly with abandon, well on their way to a harvest weight of 23 grams.

so the calculation is as follows:

Breakdown:

22 weeks to get to 18 grams

Therefore 22 x 7 = 154 days to get to 18 grams

154/18 = 8.56 days per gram

Therefore an additional 5 grams will be 8.56 x 5 = 42.8 days or approx 6 weeks from 2/1/19.

Point being, by this calculation, Harvest weight is now 24 days or approx 3 weeks away (perhaps Monday 18th March (approx)).

Matt1963 Sunday, 02/03/19 01:19:11 AM
Re: ABD80 post# 17060 0
Post #
17121
of 33229
If they grow at a consistent rate, then ((22 x7)/18) x 5 should be the length of time to get to the 23 grams target shouldn't it?

Breakdown:

22 weeks to get to 18 grams

Therefore 22 x 7 = 154 days to get to 18 grams

154/18 = 8.56 days per gram

Therefore an additional 5 grams will be 8.56 x 5 = 42.8 days or approx 6 weeks hence.

Quite assumptive I know and if incorrect in terms of growth being consistent, do feel free to contribute.

Point being, by this calculation, Harvest weight is 6 weeks away, or Monday 18th March (approx).

BTW Full article won't open as need to be a paying subscriber.

I posted a realistic target date for the HR ages ago.

ok then let's pressure test that theory.

I shall be looking for a buy today of 1m shares. Let's see how that one goes.

Yes agreed it may well get to $5. In a year or two, after the AS count has been raised to the billions and the inevitable RS happens.

so you'll be holding 2 shares after today is it lol

according to this board, it takes twice as long to grow a harvest which is purported to be almost 100% nortility free. 24 weeks instead of 12 for 50% mortality rate cycle. So 2 cycles per year instead of 4 means stock turn slower, cash flow slower and business model not commercially viable vis-a-vis competitors....isn't it? That's what's being said here anyway.

Twice as long to grow and harvest.

Such Hype.

1) On average, it takes a Maine lobster about 5 to 7 years to grow to weigh one pound, i.e. maturity.

2) They have no patent for this specifically, nor would it be anything close to an optimum use of resources.

This board is definitely getting much worse in the quality of the posts and as a result, now lacks believability.

Thanks god that the future of the pps of this stock does not rest with the participants of this board. The hedge funds need us guys, they need that liquidity to sell into once harvest time arrives.

OIC irrelevancies then.

Your DD is good Frank, but I think certain people here (with the greatest respect, perhaps yourself included) are laying the positives on a bit too thick now for my taste and that smells of pump to me.

Harvest result being astounding is a shoe-in and definitely baked in, such that anything even slightly less than expectations is going to see this plumet.

Thus, holding through the announcement must therefore be a bit like holding a Big Board stock through earnings when they're a racing certainty to do well. Risk is all to the downside.

Would tend to agree. So talk of large scale bulk order sales to the likes of WF has no place on this board.

I also think this. I agree that the need for a display booth would be to appeal to a mass audience of potentially smaller buyers and private meetings lends itself better to systems sales, through licensing the tech etc. Private Power meetings also work well for initial M&A discussions, BO talks and indeed, discussion with the big players on long term bulk order future supply contracts. Basically the format is better for this type of promotional exercise.

Tell you my concern, how are we to interpret this statement:

"If you are planning to attend this awesome event and want to engage in a pleasent chat about Aquaculture or Jazz please join me at the Aquaculture 2019 - New Orleans as we intend to make a little noise "

This, to me, runs completely contrary to the idea of power conference setups with huge buyers of either the technology or the end product.

It sounds to me like he has time on his hands. Why? There should be no time for dilly dallying around talking turkey (or in this case shrimp) with Joe public! So what does he mean by this?