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There was just a dip from some huge sale! Cheapies!
The news justifies the lowball 2.16 projected value of company.
We'll see the stock swing up end of day when it's realized there are not going to be any extraordinary bargains at this point.
4s and 5s and 6s have always been good entering numbers on this when the payoff is going to glide past $1 in the next week or so.
Over 90% survival. Bingo!
TPWD approval.
Patented technology has greenlighted expansion, their own hatchery, further tests on other species of fish we consume.
And application of the technology to more of their tanks.
Fish production increases by 4x prior use of biofloc.
With greater viability, like double or more.
And costs way less to run.
We will be seeing amazing exposure of Natural Shrimp's breakthrough at the convention next week.
One can only laugh at the hyperbole to dismiss the success of SHMP's technology reported today.
Its patent has been given a big stamp of approval with the harvest bill of health from the TPWD.
shrimp. sushi grade. Eco friendly technology. 4x the density of what can be produced in bioloc containment systems. Very cost effective.
Done.
Can't help but also harp on how we bounced off the oversold yesterday and did so again today on that 10 day chart, and moving up with lower highs in a very stable way.
It's an indication of the strength of this stock overall.
It's going to pick up the last hour. We doubled in volume with all the shorting going on yesterday and today we're doing the same with all the new buys coming in.
The tanks they have been using are the same size as with the biofloc system, I'm pretty sure. I think this last test was with one of their existing tanks and they didn't purchase more tanks to test the technology.
I"m pretty sure tanks come in all sizes, from what I've been reading. We're talking an electrocoagulation technology that removes debris, kills bacteria, and removes ammonia.
I don't see the issue with applying it to all different sizes of tanks.
The drop was due to the delay in releasing the TPWD decision/harvest report, which had been promised in February.
Many had expected it this past Monday at the latest.
I rebought over 30000 when I saw the E&E comment.
There's no stopping the success of their endeavors at this point.
The promise of the Harbinger report was based on success of the system.
Over 90 percent survival rate puts them into the rockship category.
I would guess the pps will be over 5 or 6 by September.
Plus 4x the density of animals.
Even at the same percentage rate of viability.
You're talking about 4x the production.
And the much less expense.
Over 65 percent would do that actually, but they've posted over 90 percent.
The reason is as the competitor bioflock runs usually between 25 and 55 percent viability, they still can't grow the number of fish per liter. 4x in fact.
Plus the expense of bioflock.
Plus little manpower is needed for shmp's technology.
They've now regardless blown the competition OUT OF THE WATER for serious consideration by emerging aquaculture companies and by biz suppliers that may want to skip the middleman and import costs and simply set up warehouses to supply fresh shrimp on their own nationwide.
This company mentioned is Canadian and uses bioflock and isn't traded. There have been many outside companies, in particular from Canada and the Far East, seeking to get noticed by posting on this forum since SHMP has been getting so closely watched in their trade magazines.
GLTA this is a momentous day.
Reposting the over 90 percent statement from e&E communications.
E&E is NATURAL SHRIMP'S Public Relations firm.
They are responsible for investor relations in fact. If someone needs to verify for themselves they can call. They are in Texas.
Word must be leaking out.
There are millions of buyers who don't read investors hub who will be getting this info all day.
We should break .48 or higher this afternoon because the info has been kept so lowkey.
Brilliant.
Hopefully the full impact of what this test means will be kicking in all next week and we'll rise like a big board stock and not crazy.
This really is best for all investors and the company.
Biofloc tech won't be able to compete.
Electrocoagulation is a huge cost savings and savings in manpower to run.
Interested large companies that would want to buyout the technology could cut out the middleman and grow shrimp and other species successfully with their technology.
It's a staggering breakthrough.
Plus the density of the shrimp proved to be 4x what a bioloc system can grow, and with higher viability from the usual at twice to quadruple the percentage.
There was just a confirmation of over 90% viability from their public relations firm.
And the go ahead of the TPWD, which is the Texas Parks and Wildlife Department, the only entity in Texas that can approve the harvest and health of the animals to allow sales, and the safety standards for consumption.
Institutional investments would start coming in today.
The general public hasn't seen the 90 percent number.
E&E communications had the info, but it wasn't included in the press release.
Great moment to buy once the cat is out of the bag forget it. There will be chasing.
That select lot was the test lot using the electrocoagulation technology.
They've ordered 3 more units.
This is a crazy opportunity to pick up shares.
I just rebought 30000 shares with funds that clear on Monday!
(Thank you Fidelity!)
We may be the only ones with the viability number!
I regret reducing my risk a little the last couple of days, but I'm still at 90000 shares.
They can estimate by viability per liter or by multi liters.
It's a percentage of the mortality to the live.
This is not rocket science.
That means projection of NS's value is closer to $3.60 a share today than the $2.61 projected along the Harbinger's conservative outlook[url][/url][tag]insert-text-here[/tag].
With expansion we are looking at double this by end of summer/fall.
That's confirmation of over 90 percent survival rate.
That's awesome.
E&E is their public relations firm and I doublechecked the email address.
Confirms!
SUCCESS! And rising lows over the next few hours.
Oh no! I WANTED TO BUY TOMORROW! Now the price is going up.
There are millions of people reacting, not just on this board. Let the dust settle.
This was an unmitigated success with the approval to market the shrimp harvest by the Texas Department of Parks and Wildlife.
This is about the technology, by the way, not the amount of shrimp they produce in the tank(s) used for the test.
The harbinger's equity analysis was right on target, and the most important info in it was the success or failure WILL depend on successfully growing shrimp to maturity in a first test of their patented technology.
They have done so, they have gotten the stamp of approval from the TPWD to harvest and sell their shrimp. The tech IS A SUCCESS. They have already moved on with their expansion plans to start their hatchery and test the tech on other species, and have ordered more electrocoagulation units for their tanks.
They wouldn't be making those plans, spending that money, if the tech wasn't successful.
Tech works that way. Trials until perfected.
They weren't satisfied they got it where they wanted it over the five years of working to perfect this technology.
Now they have a patent (December) an equity analyst projection (last February) and have thrown in expansion plans for a hatchery and additional species since February 12 when they saw the viability of their fish and the density of the upcoming harvest.
They were elated they'd succeeded before the TPWD official signing off on February 22nd.
The Texas Parks and Wildlife Department, the only entity that can approve, did so for this harvest. This means the shrimp were approved as safe for consumption for harvest and marketing approved.
And this was the final official reality that their new TECH has succeeded.
They are now expanding because their patented technology, as stated, has passed its test.
The day is young. This was a partial disclosure as it didn't give the viability ratio, but the pertinent information verifies the test was successful.
There are savvy reasons to not trumpet the extent of the success, but the test of the patented technology being successful was the bellwether of the company's success moving forward, and the minimum to justify the 2.16 lowest pps projection if the company showed the tech worked by equity analyst Harbinger.
The percent of viabiity is a bargaining chip for a competition between outside interests to buy what they're selling and not get cheaped down.
I am clearing money to buy as much as I can between tomorrow and next week.
I am that sure of the news that will show up in time for the aquaculture convention.
The have succeeded with their patented technology.
The numbers will sweeten the pot when they disclose.
My guess is there will be a bidding war for the technology by larger food companies.
The TPWD verified the commercial health of their enterprise by giving an approval of their test harvest, the culmination of years of development of their now patented electrocoagulation RAS system, the first one in existence.
The Texas Park and Wildlife Department, the only entity in Texas that can approve the commercial harvesting, sale, and safety ofproduct for consumption at the time of a harvest, gave their stamp of approval on February 21 and also walked the entire plant.
The pps is going to skyrocket within the week and the chance to get cheaper shares in time is the only thing driving the conversations.
Natural Shrimp has been in business just as a shrimp company for 18 years.
It's going to continue being that.
The tests they've done to develop a new technology and to own a patent to revolutionize efficiency will be a second stream of income.
The very lucrative stream.
The licensing and sale of this new technology is no pipe dream.
Because they just got the stamp of approval on their first test harvest using this new tech from the Texas Department of Parks and Wildlife, the TPWD.
A buyout by big seafood or food distributors is more than obvious when you factor in costs of biofloc, costs of importing, and costs of manpower.
It would allow a bigger company to grow their own without the costs of importing, health risks, dwindling supplies...cutting out the "middleman" so to speak.
And when that buyout comes it will be based on a pps commensurate with viability...the equivalent of biofloc now would average at around 2.16 as the Harbinger report projected.
If the viability is much higher...we are looking at 3.60 and over
But to compare, a small fish company this past year was bought out at 10 dollars a share.
And if NS sticks it on their own, a midsize shrimp producer, once good distribution is verified, can run pps from 10 to 20 dollars a share.
Even by this summer, if not sooner, NS shrimp production alone, even without a buyout etc., should easily surpass this dollar limit and moved toward the 2.16 as initially projected at the time the patent proved successful.
And SUCCEED it has.
The R&D, the tech, is what is the phenomena here. Most of the little biofloc farmers go out of business after a few years because of the costs of the system.
A successful, lowcost tech that can produce a density 4x that of biofloc on pennies, on low manpower, will be attractive to the major seafood purveyors all over the world.
SHMP has just successfully raised a first test batch of shrimp on a completed RAS electrocoagulation system.
It took them five years.
Before that this was a shrimp farming company for 18 plus years and had been using biofloc before recognizing the inefficiency and setting out to create this new technology with F&T.
The reason the entire world is watching this little company right now is because of the tech, not because of the shrimp they're selling, which will be substantial for a mid-size shrimp supplier in due time as they're already set up and expanding.
Equity Analyst said 2.16 pps with even modest success. The reason is the technology's competition is biofloc, which cannot produce shrimp in the denisity SHMP'S technology can, and biofloc is costly.
Even if the shrimp were produced in the same range of viability as biofloc, the costs alone are so different that the RAS ELECTROCOAGULATION alternative is fiercely competitive.
And put that on a grand scale if all seafood in the US alone is produced inland, in warehouses, by giant seafood suppliers that want to cut the middleman, the expenses of importing, etc.
By all reasonable reports, the harvesT equal or EXCEEDED the best numbers of THE BEST biofloc systems...
The competitive angle is obvious and the odds that this success will be breakaway ESPECIALLY with the industry next week.
We will see the media exploding with this.
So hang on to your shrimp hats!
The date they ordered new units? SUCCESS was already obvious. Inspection was on the 21st! https://eresearch.fidelity.com/eresearch/evaluate/news/basicNewsStory.jhtml?symbols=SHMP&storyid=201902120830PRIMZONEFULLFEED7501502&provider=PRIMZONE&product=FULLFEED&sb=1
They are expanding all operations as a result of the success of this last batch test, which had the TPWD inspection at full growth (shrimp reaching 23 grams).
That includes trials to begin with other species, shrimp breeding (hatchery), and the recent order (last week) of more electrocoagulation units following the culmination of this proof of success.