Anyone who puts any credence in this agreement whatsoever is deluding themselves.

I've spent the last 30 years working in Global Distribution businesses and have concluded many thousands such agreements in one form or another. They come and they go and in the end, are not worth the paper they are written on to a company the size and scale of Verus.

There's no time here to give people the benefit of my vast experience in this area, but if anyone is basing their investment thesis on this or similar types of so called "Exclusive (hahaha) Distribution Agreement" they are sadly misguided.

Having seen this, I now feel stronger than ever that this is a sell and am happy to have downsized my position by 50% at a profit last week and hope to relinquish the remaining shares in similar fashion or even BE or a small loss, just to run as fast as possible away from this pseudo business, which is in fact, nought more than a collection of trust relationships formalised through non-enforceable "Agreements". In other words, it's simply laughable and emulates the way most fringe come and go merchants operate in this space.

GLTA I feel sorry for you.

Whole Foods $WFM (owned by Amazon) may be a fit?

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.

Where is this shown.

what does this mean?

https://www.manta.com/c/mm8nv6x/magellan-fin-llc I am unimpressed by the IR firm!

https://www.linkedin.com/in/mark-gilbert-80925623/?trk=public-profile-join-page#experience-section hmmm

There is nothing worse than false optimism imo and in Stocks Trading, nothing more fatal to the trading account balance.

what time frame?

Not to be trusted. So all other hints at positive developments should be treated as horses**t too.

They lie. Clear enough? 10K on course to be early..... blatent lie. Verus = Lius.

If a BO were imminent, why are they still scraping around for Toxic Finance?

"The compilation, dissemination and review of the information required to be presented in the Form 10-K for the relevant fiscal year has imposed time constraints that have rendered timely filing of the Form 10-K impracticable without undue hardship and expense to the Registrant. The Registrant undertakes the responsibility to file such annual report no later than fifteen (15) days after its original due date."

Factored into Mark's email to one of the Investors (can't remember who), BUT, what a shambles.

Broken promise to file well in advance of the 1/30/19 deadline, is in and of itself, proof positive that this company is at best, misleading and worst downright lying to investors.

Why should we believe a word they say about anything at all?

Thanks Cherry. For a question that wasn't worth answering, you appear to have made a pretty good attempt at doing so. There was me thinking the purpose of Natural Shrimp was to produce, well, Natural Shrimp, just like it says on the website (recipes etc. included). Wasn't aware they merely want to prove concept on the Patented technology and that then becomes the revenue driver for the business i.e. not selling shrimp, but selling a patented process to producers of shrimp. Hmmm interesting.

To follow through on your thinking then, doesn't this presuppose that they now need upstream (excuse the pun) producers capable of taking said patent and commercializing it? Also, that NS have no intention whatsoever of becoming a commercial operation to produce shrimp.

This being the case, why are we talking about forward looking projections on $$$$ value of the end product produced. Oh and why was the CEO talking about selling erm Natural Shrimps at $15/pound.

Seems one of us is confused here and I don't think it's me!

Silly questions perhaps, but have they got a buyer for this harvest? Also, do they have the capability to pack it, freeze it etc. whatever process is necessary. Remember, this is the first real "production batch" and I am unclear as to whether their operation (or any outsourced facility) has the capability to turn the harvest, into an actual revenue generating product sale.

Don't these shrimps now have to go through further testing to get regulatory approval as being fit for human consumption and have the necessary quality standards appended?

There are many issues surrounding what happens to the product produced here aren't there?

Who?

Maybe the bitter cold vortex killed it off!

This guy has such a following he could sink the price on his own. These "clubs" are like tutes in their own right. they tell you to sell that's 1000+ sellers dumping who knows how many in an instant.

I have rarely seen DD to the level that you do and trust v few if any posters on this board on any of the tickers of interest to me (strangely).

In your case I make an exception, because I believe you present extremely well (and seemingly without recourse to emotive or boastful, self expression), a full picture of factual information and your own personal trading bias based upon that. I'm guessing in another stock, you'd conduct similar research which may well conclude to negative bias, but in SHMP it is positive and well qualified.

For this, I personally thank you and feel you are to be congratulated in knowing this company as well if not better than anyone else here.

You're both right. Traders never fall in love with any company. Investors, necessarily have to.

If this is so good, $7MM is a drop in the ocean, so why are there not VC's, Business Angels, Tutes, Banks etc. banging down the door to provide finance. What is it they all don't like about this business model?

Yeah well, sorry you're not so skilled in spotting fluff news as I am. This is Florida fluff.

I thought Whales liked krill?

We are the shrimps in this game.

thanks for the head's up that 1MM shares are dumping at the open.

https://www.energyprofessionals.com/ Don't get too excited. One tin-pot outfit meets another potless one.

What nonsense? I don't want any more shares of this pos + how many shares do you think I would buy? Why waste any time whatsoever for 10MM or so shares which is probably the combined holding of everyone here. The price will drop anyways as soon as bid volume goes up and the increased AS is dumped into it and do that job for me if I wanted shares.

There are some of us out here who do actually care about the investing community and don't have an ulterior motive. Just don't bother replying, I cannot help those who cannot help themselves and you have nothing at all constructive to say.

It will. 0.0015 will fill easily by the end of the week. Don't worry either no need to sweat, you'll be able to cover all at 0.001-0.0009 and below as soon as the 10K hits.

I presume you are talking about shorting this right?

This is a disastrous piece of IR. Look at all of the positive emails towards the end of 2018 and how upbeat they were and now this. 10K delayed and nothing on the horizon.

I'll tell you what's happened here. The deal (s) they had in the pipeline have either stalled (which means more uncertainty and delays), or fallen through altogether. Furthermore, if you ask me, this is why Anshu is now off pursuing various other avenues to further his career and burgeoning bank balance.

MKR are an Investor Relations company. Remember that word "Investor". It may be semantics but they are not repeat not a "Trader" relations company and therefore, they have no concern or indeed pseudo duty of care to traders who want to flip this for a profit, no matter how long they may have been holding bags or indeed how long they will going forward. MKR's concern is not with the current pps, it's with the shareholder value going forward. So if this does get diluted, RS and uplist eventually, with the result that a profitable enterprise emerges at the end of it all in 2-5 years' time, they (MKR) will have done the job for which they are being handsomely rewarded. Their fiduciary duty is with the company not us.

So, IMO now, all that I have been warning about is imminent.

1) The 10K although clean, will not be outstanding and quite possibly will be mediocre. Indeed I would expect the bottom line to reflect a net loss. There will of course be a mass of verbal diarrhoea about the future of the company, but tell me people, who really is here to wait patiently for several more years to see a profit. This is your common or garden FMCG distribution business, it's nothing new and it certainly has no unique value proposition.

2) There will be no positive PR's about 15, 20, 30 (or pick a number), action items. Where is the list anyway? Counted paperclips and all were present and correct. Cleared my inbox by placing all paperwork in that round filing cabinet under the desk (commonly known as a waste paper basket). What kind of BS way is this to address serious investors anyway. "we have completed our action items list except for 1 item". Utter nonsense.

3) No tutes look willing to invest in this going concern business otherwise we'd have heard about it by now.

4) Our leader is actively seeking other career opportunities engaging in kidology with the SH's about his FT commitment to Verus. Sorry Anshu, it is an oxymoron to say you are full time in one business if you are part time in another.

5) AS in the multiple billions, RS a definite at some point.

Enough already, this so called "silent period" is not because there is some secret news pending, it's because there is no news. The IR firm are doing their best to do what they get paid for, which is to pacify Investors (read traders) and the messages are becoming more and more pessimistic in the sense that they have really NOTHING to say at all.

Forecast, down to 0.0015 support when 10K comes out followed by steady decline sub 0.001 when they continue to ply us with the mantra that news is pending, action items are completed and people finally catch on to the fact that this is a delaying tactic to try and keep the share price at some reasonable level and the bid volume up, so they can dump in the AS count to keep the cash burn under control.

As I said, a disaster and Anshu will not be here in 6 months' time mark my words.

Appreciated and reciprocated.

You summed up my feelings much more succinctly than I ever could. Thank you.

Fair points all.

But the gigantic AS count can also be used as a ten pound sledgehammer to crack a nut too. If they want quick cash, dilution is easiest of all.

WE need to see real sources of finance coming to the fore and quickly then, according to your view is it?

Ok you have a point I suppose, but in the same way that "real companies" are expected to post Guidance with their 10Q's and K's and if they hit the Guidance, it's usually a sell on news, I would argue that the "1st Clean Q fins after spinoff are just meeting the previous forward guidance and they need to beat it, for the pps to be significantly positively impacted.

Well, we will soon find out won't we and let's hope we will be men about it and admit your mistake when it happens lol

"I do believe that it will be worth it to all who stuck it out."

I don't and here's why. I cannot see what news could possibly remedy the gargancian increase in the AS and the Sword of Damocles threat to RS this imminently.

All of this may well be worth it for the company in the end, but I seriously doubt OS holders will benefit in the short term. So unless you're intending to stick around for a couple of years plus, it's hopeless and let's face it, we are here to see this go parabolic with volume on the bid so we can sell and GTFO. There are no Warren Buffett's here and this isn't going to see $ values any time in his (or my) lifetime (not without a hefty RS).

There was a fairy called nuff. Fairy Nuff.

https://www.nasdaq.com/press-release/naturalshrimp-says-its-method-of-growing-harvesting-shrimp-avoids-major-environmental-issues-20190129-00253 yup yup yup oh sorry up up up

what do you mean by this:

"Thank you for your post no need for all caps and all the crap."

The guy didn't speak well for the business because he is not a businessman per se. He's an expert in his field who will no doubt now welcome the business fraternity to step in commercialise this and help fully monetise the opportunity, hence worth the investment.

As for "no brained" if you mean "a no brainer", then what business is? Perhaps taxidermy?

I remember him saying they were on course to produce this well ahead of schedule too........

You seem to misunderstand me.

The price at the moment within the 0.002 - 0.0025 range is (imo) inclusive of the expectation that the Financials will be something special. I believe this is "baked in" in the sense that if they are revealed to be so, there will be little impact on the pps within that range. If they are not so (as I expect because I think the revenue streams being touted are unrealistic and indeed ephemeral, as if they remained unfulfilled for as long as this they'll have already churned), then we will see the price back below 0.002 easily and probably down to 0.0015 Major Support which had better hold!

We need to hear about M&A's, new (sustainable) revenue streams and other corporate initiatives like market expansion, NPD and possibly diversification, perhaps through vertical integration (again back to the M&A's).

Without that, Verus will very much bury-us imho.

10K good result baked in. That won't cause the share price to go north much, and anything less (after all of the hype) will be a disaster (assuming it can catch any bids to dump into).

News is what's needed and that is sadly lacking and as our leader goes off on his merry way seeking other indulgences, one wonders how he finds the time when he should be 24/7 trying to close deals for Verus.

I think he's on his way out the door personally, but let's see if I'm right. I reckon (subject to contract) he'll be out in a matter of months, because he's not a dyed in the wool industry man, he's a financier and corporate raider type.

We shall see.

This is brilliant although the guy does sound a bit tired lol