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I have not seen any doc filed in Nevada to increase the authorized. Has anyone seen anything?
We do disagree on most. On the Series A, I agree.
Actually scratch that. He also owns a Series F. How did he get those?
Anyone agree with me?
When the Series A was created, it carried voting rights of 60 to 1. That would mean 300,000,000 shares. I don't know what the rights are on the other preferred owned by management but it appears based on the Series A alone, Gerry can't increase the authorized unilaterally as he did in 2018. Any thoughts?
I am surprised the authorized was not increased already. I thought someone said it was. Just looked in Nevada and still stands at 900,000,000
Really man.
It is sad that we are down to $1,000 bids being announced to rope people in. I wait for 1 penny patiently like a pro.
Ok Franny. Good luck with your stock position. Tell it to the short court. In fact when the stock hits a penny by year end, you blame it on shorts. Education is a wonderful thing. That is why it will get to a penny.
Thank you. I know the business.
Franny, I bet myself you would ask that question and I won. Because it is the same way when a market maker buys a stock. Is E Trade now an investor/shareholder of SHMP. In fact and if you think I'm wrong, tell SHMP to put out a PR next time a MM goes long that the marketmaker such as E Trade is a shareholder of SHMP. See how that works out. They are making a market. A short requires a borrow and other things.
This is a simple post to educate the uneducated.
Market makers have relationships with the GHS' of the world.
When a market maker KNOWS the stock is going lower, they will typically work with a GHS side by side.
So the call goes something like this. I am a seller of the stock right now but I may call you for some blocks. So the market maker sells intraday and each time they sell a few hundred thousand shares, they'll call GHS and say we'll take you out of 800 or 500 or 750 at a certain price. It's usually a few percent below where they sold it. In that scenario GHS wins and market maker wins. The block prints are the sales from GHS to the market maker. The uneducated believe its big buyers. Not true.
I see you bought 50,000 shares the first time at 2 cents and sold half at 5 cents with predictions it was going to 3 to 5 dollars. Lol. Are you buying another 50,000 shares again? Lol
Please keep doing what you're doing. You will prove me right. Some uninformed will believe this is the correct entry point.
Oh yeah. Sold at a $1.00. LMFAO
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146755678
Actually I will trade it it very quickly at a penny. And there is a REAL reason that is my entry point. You keep doing what you're doing. I and GHS both thank you.
Oh yeah. I will thank you for my 1 penny entry in advance. GHS also thanks you. Seriously
Please keep doing what you're doing. You just help my entry point which is 1 cent.
Yeah yeah. You bought at the low and sold at the high. Yeah yeah. When it hits 2 cents short term, you'll say it doesn't matter. I'm a lot smarter. I wait for 1 penny which is by the end of 2023. You keep buying.
Oh no. The world's first billionaire penny stock investor. Just timed it perfectly. Lol
I will buy a 1 penny. Keep buying!!!!
Thank you. Not much of a call on my part. Fairly obvious
I believe bankruptcy. That doesn't mean the stock is going to zero. Losses and small cap and little to no cash usually means a problem. We shall see but it's my opinion.
Really maybe you can point to the LAW. Hint. FINRA is an SRO. They don't make laws so don't spend too much time on this assignment.
Also reminder I stated a very short time ago the stock will drop considerably over the short term. I expect 2 cents and will test 1 penny by year end. My opinion. Watch and see.
I would suggest you call any of those that you listed. Suretrader has no loans on any penny stock. IB is $2.50 to $3.00 a share if you can get a borrow which is doubtful. FYI, I am a pro. Sykes made more money selling his service than shorting penny stocks.
I do agree. It's either the shorts or ghosts and some people believe it's shorts. The ghosts took their short profits at 10 cents.
Then find a rich guy and ask him to name one BD in America that will allow to short a 2.8 cent stock.
FINRA is not reporting a short. It is market making activity and it was explained to you in the past and you ignored the explanation. There is no broker dealer in America that will allow me or you to short SHMP.
Oh really. Sykes makes money by convincing people you can short penny stocks. Name one BD in America that will allow you to short SHMP. Tim Sykes is an idiot. He refers people to IB. It is a borderline con.
BTW, please don't tell me IB because that is preposterous
Franny and I've said for 5 years on all boards, fine me one BD in America that will give you a borrow on SHMP and allow you to short.
There are no shorts in SHMP.
Monroe allow me to reply. It is quite difficult for small companies to raise capital. Admitted. However, they are dealing with John Fire who is their key funder who has a history of destroying the prices of public companies' stock through his financings. I would suggest to deal with quality people, not people that are actively getting sued by the SEC.
Have no idea how hard he works. Met him and he's a nice guy. End of my comment.
Monroe, I guess they aren't buying the shareholder letter. I really thought Douwe would win them over
So I did see the part about the retrofits. I also saw the part about the retrofits saving costs which is an unproven statement. That is why the retrofits mean nothing. Summary, work in progress and unproven. As far as Niterra, if any company thought this was the bomb, they would buy the whole company now. Niterra is engaging in an experiment. Simple as that.
My take on today's shareholder letter. The technology is a work in progress, and is not completed as I have said all along. The cost to produce the shrimp is too high, as I have said all along. The lady Christine, who they mention in the shareholders letter has known the company for approximately 4 to 5 years. it means in my opinion absolutely nothing. I am a bit surprised that they do not address their dire financial position.
I don't believe that is the case. They just don't want the stock going to a penny because 300,000,000 shares at a penny is only 3,000,000. I'm sure John Fife doesn't want that either and neither does the company. Everyone is up the river without a paddle.
There are 300,000,000 registered shares that will most likely be sold and the average trading volume is 3,000,000 shares. Therefore, you haven't even sniffed what will happen over the short term.
Probably heading for bankruptcy