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True.
No one wishes for hurricane devastation.
There is one silver lining though.
Hurricanes are often good for the economy.
They do open up a lot more new jobs to people.
It takes a long time to rebuild everything, so the one good thing is that it opens up many new jobs.
And hopefully those who lost their home had sufficient insurance coverage.
Yeah, Trans American Aquaculture
is going to benefit big time by the hurricane in Florida.
Their land is valued at $3,850 per acre
As of 2019 valuation.
They have 1,880 acres = $7,238,000
Just for their land value.
All facilities, technology, equipment, machinery, should be worth at least $5 million (2019 value) one would think.
That’s over $12 million in land, plant, facility, equipment assets.
We’ll call it $12.2 million.
And $12.2 million in 2019 value would be worth close to $18 million today, based on how the real estate market has trended up over the past 3 years.
$18 million (projected 2022 value)
Ensures us at least $0.25 per share, just on their assets alone.
Short squeeze
is coming.
And that doesn’t even include ….
All their upcoming “Gubbamint” contracts.
And Gubbamint goes good with shrimp.
Lots of revenue and a great flavor.
Bubba Gump doing bidness with the Gubbamint, in the Shrimp’n industry.
Yep, it’s fully operational
A fully armed and operational battle station ….
And that value is just for the land.
That doesn’t even factor in the value of the improvements, the facility, all structures, machinery, equipment, etc.
So may be talking approximately $14 million in year 2019 value.
Which would be worth well over $20 million in today’s market.
Oh, if it was worth $7.2 million in 2019
Then it’s definitely worth over $10 million in today’s market.
Good stuff. And great news for shareholders.
I would love if my projections are too low.
What are your estimated projections here?
Do you see at least $0.50+ by end of this year?
$0.15 or more within months.
$1.00+ within a year to 15 months.
Very realistic this will occur.
I will admit ….
I do have to laugh at you calling him mini Goulding (from that picture).
But other than that, i personally have always believed in Dr. Goulding, just like many other shareholders have.
Incredible value ….
Over $7.2 million for their facilities/land and overall real estate.
Once again, that goes on the balance sheet under assets, and is just as valuable as $7.2 million in earnings, not just $7.2 million in revenue.
$7.2 million * P/E ratio of 30
= $216 market cap value.
Divide that by 1.2 million O/S
= $0.18 per share.
In worth, just in their real estate and facility.
Now, that doesn’t even factor in the worth of their technology, proprietary competitive advantages, and any patents, etc. Not to mention their high 7-figures in revenue and contracts, and up to $20 million in projected revenue a year out from now.
So what is all that worth (combined)?
A heck of a lot more than the PPS today.
In my opinion, easily way over $0.30 per share within a year or so.
And paper land ($1.00+) is very much in play as well, depending on profitability.
We already know they manufacture their shrimp cheaper than their competition. That makes them more profitable than the industry standard or industry average. That is great for shareholders ….
Ain’t that the truth.
They have been on top of everything since the announcement on Monday.
The attorney letters, the release of the conf. call transcript, Twitter updates, especially the one with the awesome aerial footage of their entire facility and real estate.
Since Monday, they are doing an “A+” job at keeping current shareholders and potential investors fully informed.
This week couldn’t have gone any better.
And yes, the yield sign will be coming down.
The new company is a major benefit to current shareholders compared to the old.
Dr. Goulding was a great man, and has played a huge part in it, but it’s Adam’s show now, and he is on top of everything like a gnat on a dog’s neck. He’s all over it. And we’re thrilled to have him. He’s a big board company worthy chairman and CEO. Big time merger/acquisition here, with great leadership, technology, and large potential for expanded growth.
Why does 27 million O/S seem unreasonable to you?
The O/S is only 17 million now.
The logistics company will possibly get preferred stock in the transaction.
Even if they get 17 million shares as opposed to 10 million, that is still only a 34 million O/S after merger is complete.
And …. T and A
Are two great letters
TAA is going to grow and grow.
I actually was in that company ….
TLSS - during that big run up ….
To the $0.25 to $0.27 range in 2020.
My cost average was less than $0.02, when I bought all my shares prior to the run.
I remember OC Millionaire and his minions were leading that charge, and he and they dumped their shares at $0.25 - $0.27 range, and it quickly fell back to $0.05.
I didn’t time it perfectly, but I did get to sell all my shares on the way down and still made some good profits, but did wish I knew their plan was to dump, because I was planning to hold my shares until $0.50 originally. I believed in TLSS at that time (due to their “supposed” Amazon contract), and didn’t know then that OC Millionaire was orchestrating a pump and dump.
Just like I didn’t know that certain peeps would dump their IBGR shares at $0.70 last year.
“Competitive Advantage”
Many competitive advantages here.
No other shrimp company in America has this or can do this like they can ….
——
All our shrimp, all our broodstock and all our PL's are produced in the United States using environmentally friendly, sustainable business practices with an extremely limited carbon footprint. Our product stands up to any pacific white shrimp produced anywhere in the world. All our products will always be produced without the use of antibiotics and hormones.
I said a few moments ago that the shrimp industry can be summarized as genetics, grow, quality and price. Perhaps, price may be minimized as to level of importance on this call, but I urge you to consider this. There is no recirculating aquaculture system in North America that can complete with us in terms of cost to produce the product. Without getting in the exact numbers, I will just way that our cost to produce headless 21-25 count shrimp (which is considered a jumbo shrimp) is SIGNIFICANTY LESS THAN $5 PER POUND, as often quoted as a gold standard for RAS systems. These are not pie in the sky numbers. These are not hopes and dreams. These are real numbers based on production of almost 1,000,000 pounds of shrimp. There is a public company that is in the shrimp business approximately 400 miles north of our facilities that is significantly more than 5.00 per pound. When you are in the food business and food science business, price to produce is important.
Now let me move on to the third point.
Why we believe our company and our genetics can be disruptive to the shrimp industry in North America and why we are receiving 7 figure orders from across the globe
If any person is attempting to assess the shrimp industry, there are essentially three ways to access shrimp product. One, by sourcing your product from natural bodies of water such as the Gulf of Mexico. Second, farm raised seafood. Third, technology-based operations such as recirculating aquaculture systems (KNOWN AS RAS) that can be placed anywhere in the world.
Our genetics are directly applicable to any farm-based shrimp operation and equally, if not more importantly, RAS systems anywhere in the world. Why are we so important to them. When you hear about RAS systems, you will hear about the fact that you can place one of these systems outside of any major city in the world, regardless of climate. In theory, yes. Practically, it's a dream without the right genetics. Allow us to give you one example. In Canada today sits an RAS based facility that cost well over 15 million to build. However, today, that system sits idle. The two main reasons is that they have a very difficult time obtaining quality PL's and their cost to produce the shrimp is more than $10 per pound. When you consider distributor mark ups and retail mark ups, it's a product that is too expensive for the market. How can we help a company like that. It should be common sense that the cost to produce shrimp in a facility in Texas will be less than the cost to produce shrimp in a facility in Iowa. Why, because these facilities operate 365 days a year and the water and the air temperature must be controlled with an optimum water temperature of 82-84 degrees. In an environment where air temperatures can get to 10 degrees in the winter, a cold-water genetic line like we own can help many of these RAS companies by saving money since our shrimp can be grown in colder temperatures, thus lowering operating costs for said producer. As far as the farm-based systems throughout the world, they want and covet US-based genetics as evidenced by the strong demand of broodstock and PLs from US sources. That is precisely why we recently received such a large order for our genetics,
Most aquaculture consultants will agree that the future of shrimp production is a combination of genetic advancements and efficient systems to produce a hormone and antibiotic free product which grows at a rate to maximize. We have all of this. The future of RAS systems and farm-based systems which is the future of aquaculture production is both a genetic challenge and a system challenge. We believe we have solved both and our 2023 production will prove it.
Yessir, thank you
They are very proactive, and we should be hearing lots of updates as they make their way through to becoming an uplisted company.
This is Great News ….
I can pass it along to my buddy.
He wants to invest around $15,000 in to this stock now, and he said he wants 3 million shares or as close as he can to 3 million.
He wasn’t on the call on Monday, and wants to hear or see what he missed before investing, so this transcript is going to go a long way right before he buys in.
I feel very good about another new investor coming in buying 2 to 3 million shares. And someone I know we can trust as a long term holder. He’s definitely more of an investor than he is a trader, that’s for sure.
Yep, and shorts are screwed.
And can’t wait for when they uplist.
They mentioned it in the PR, they are going to uplist to a “senior exchange”.
With 3 parking garages ….
One called Dream
One called Defy
And the other called Deliver.
(After the game)
Geez, I can’t remember where I parked.
Did I park in Dream? Defy? Or Deliver?
Oh yeah, I’m on the 5th floor in Deliver, next to the black Porsche with my red Lamborghini.
The Porsche had a Nike bumper sticker.
Time to rip that shid off of there.
Yep, $0.25 - $0.50
We should be within this range in the next 12-15 months.
2023 is going to be a banner year here for investors.
And I see Paper Land, by no later than 2024.
I agree about the flippers.
We want investors.
Oh wow ….
Look who just replied to their tweet.
He’s big time.
He has over 10,000 followers.
And he seems bullish here now, and even said in the tweet reply that he is really liking this company (our shrimp company).
Imagine if his followers buy in.
It would skyrocket our share price ….
A fly over of the genetics facilities and at 1:06, a pan out to show the true magnitude of what we own pic.twitter.com/S503ruPYct
— Trans American Aquaculture (@TransAmAqua) September 28, 2022
They really do have the facility ….
Of a Nasdaq company.
Very impressive.
And that $10 million asset alone ….
Is obviously a big part of what they own.
I’m assuming it’s completely paid off, as they indeed own it.
That’s essentially just as good now as $10 million in “earnings” on the balance sheet, since this is a $10 million asset that is paid off as they own it.
$10 million earnings = approximately $300 million in market cap, when plugging in a generic P/E ratio of 30.
$300 million market cap
1.2 billion outstanding shares.
= $0.25 per share.
That facility and real estate, at nearly 2,000 acres, is worth what a company that is worth $100’s millions in market cap would have.
Yes, $0.25+ easily in 2023
Next 12-15 months.
$0.25+, with $0.50+ being very realistic.
Paper land is very possible as well.
Lots of government shrimp deals, like the one with Algeria.
Also, China pays lots of money for shrimp.
Up 27% today ….
Volume for today is twice its daily average.
And we know, large volume or a major increase in volume usually precedes a higher uptick in share price.
There is no pump here ….
Merger has already been announced.
Acquisition has been completed.
Just read the PR.
Gold River has “acquired” all of the equity of Trans American Aquaculture:
https://finance.yahoo.com/amphtml/news/gold-river-productions-inc-announces-200500226.html
The conf. call was “publicly” available to all shareholders.
It’s not inside info.
Everyone had the opportunity to join.
I stayed on the longest after the call ended to hear all the disconnect beeps, one beep for each person who disconnected after the call ended.
I counted about 90+ beeps, as some of them happened real fast and simultaneous.
So there were close to 100 people or more on that call.
You had the chance to join.
As the old saying goes, if you snooze, you lose.
Considering what the CEO said on the Conf. Call
About how “their cost” for manufacturing shrimp is less than $5.00 per pound, and that their competition can’t do that as cheap as they do, then that shows they are in all likelihood quite profitable.
I think this reverse merger can do exactly what IBGR did from 2020 to 2021.
IBGR was at a low of $0.0018 in 2020.
They ran up to $0.74 in 2021
GRPS has a 52 week low that was similar to that, at $0.0014.
And can easily run up to $0.74 or beyond within a year from now.
The CEO on the conf. call said revenue last year was $7 million, and that they are growing, and that revenue projections are up to $20 million in 2023.
Paper Land
Now that is a paper land company.
And a Nasdaq company at that.
This is easily a wait and hold.
$1.00 cometh within 12-18 months ….
A fly over of the genetics facilities and at 1:06, a pan out to show the true magnitude of what we own pic.twitter.com/S503ruPYct
— Trans American Aquaculture (@TransAmAqua) September 28, 2022
I had some smokehouse grilled chicken for dinner tonight.
Only thing that was missing was some shrimp as a side dish.
We really couldn’t have asked for a better first day.
TONS of volume.
Volume always precedes price.
And this stock today showed it was extremely resilient, even in the face of being manipulated and attacked.
Fantastic day today
Up 12.5%
Green is good, and much more green to come over the next 12-18 months.
$20 million annual revenue by then.
And who knows how many more contracts they will get from now until then.
Shrimp is healthy, desired across the world, and very low in calories too.
So the O/S basically stays the same?
For common shares.
That would be great.