That was me with the 27,800 @ .0111. Was trying to add 100K but that’s all I could get at that level. Been adding slowly here and there to try to reach my target position.

That’s why at these levels it’s worth the risk. I added on Friday. I was planning to add to my position regardless. Just had to pay a little more than I was expecting.

OTCQB status no longer in jeopardy with today’s closing bid and price above .01.

Catalysts present in February:

A newly acquired patent (triggered the run)

Cancellation of 60 million in dilution

Potential non toxic financing

Harvest Report (potential low mortality rate)

Revenues from sales

Possible joint ventures

Potential Buyouts

Expansion

Upcoming Aquaculture shows


Real or rumors they all existed as a possibility and contributed to the run. I think the next big run (If there is one) is of a slower progression as investors are waiting for real revenues and expansion not rumors and old news.

Kind of looks like Delgado in disguise with a few extra pounds on him.

I agree. The run could have gone a lot higher and they could have received their funding for practically nothing had they been in-tune with investor expectations. I call it a blunder of a golden opportunity rather than an orchestrated attempt to manipulate. Possibly there could have been some efforts by Delgado but I believe the rest of the crew might have been so focused on the job at hand that they were clueless to what was going on. I’m probably going to get some flack for this, but the CEOs interviews were sloppy and contradictory in my opinion. A CEO with their finger on the pulse might have been more beneficial.

Again, it’s difficult to believe NS didn’t know what was driving the PPS. Maybe the other guys didn’t but Delgado likely knew. I don’t believe they “planned” it that way. They just didn’t correct it after the change in direction.

I’ve combed through everything NS has put out and you are correct. There is nothing that states written or verbal mention of a report. This is just my theory as to what happened. NS originally planned to harvest and sell the shrimp from the February harvest. They also planned on creating a detailed report on the results. They switched gears sometime in January and didn’t tell Peter their new intentions until much later. When Peter did find out, he switched gears and started de-emphasizing the harvest results because he knew one wasn’t coming by that time. NS may or may not have known what investors were expecting. I do find it odd that they didn’t know about a major catalyst that was pushing their stock however. Peter knew investors expected a report but left it alone. No real way to prove how the blunder really took place.

Here you go:

Q, what if they’ve only supplied 3 pumps because that’s all that Natural Shrimp has ordered? Not that they have to announce every order they place but I haven’t heard much lately on that end. Peter has told me he has the production capabilities to supply NS with whatever they need in a timely manor. Either that’s not true or NS has just been taking their time building LaCoste.

I couldn’t agree with this more. There’s no shame in admitting making mistakes or one realizing they need help. Too much pride is a dangerous thing sometimes.

Yup he hated S#MP lol. From .01 to .94.

Yes, and obviously it’s far more likely GIGL will continue operating past July 31st than not.

Does anyone really believe that a German hedge fund and a brokerage in the Bahamas are the reason the price is where it is now? Is there any validity to this? Why is something always to blame. The price is where it is because this is what the market currently values the company. When sales begin and if partnerships are created the market will view it differently and the price will rise again.

Be careful what you wish for. A bounce to the NASDAQ can come at great cost. Just ask those who invested in V*RB.

I joined there back in February. Saw what was going on and got the hell out of there a few days later. I’d rather be here listening to both sides of the argument. I firmly believe we should ask questions and be both positive and critical. Some here go overboard with flat out lies but others ask the questions that should be brought up. Over there I hear they just kick you out if you say anything other than praising SHMP.

I just want Harvest data. That will tell me all I need to know about how this unfolds.

You are 100% correct Steady.

The term "Harvest Report" was a made up one here on this board so you'll never find it in any official company document:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148716542

Even had you fooled along with the rest of us:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147099794

A report none the less was promised by P.L. I doubt he just pulled the idea of a report on the harvest data out of thin air. The company had the intention to report the harvest data and at some point reversed direction and instead of coming out and saying there would no longer be a report or a full harvest, P.L started de-emphasizing the report saying it wasn't important.

It was important. Even if the company never said they were releasing a "Harvest Report", how naive is it that they weren't aware of the catalyst that was pushing their stock to incredible gains. Or maybe they were aware.....

IGMB is just begging to have it’s shackles removed so it can run like the wild beast it should be. I can see a 1,000% day when news hits.

So let’s forget about the number of tanks and go by numbers of gallons stocked. Full production would be 1,560,000 gallons stocked based on the company’s model of twenty four 65,000 gallon tanks. How many gallons of water are currently stocked with shrimp? Does anyone know?

It doesn't take long to realize Mark is legit. I see a member of the board (Jill Bodkin) was with Westport Innovations a NASDAQ company that builds natural gas engines. I made good money investing in Westport years back when gas prices were through the roof. I also see Daniel McGahn is the CEO of Americian Supercondutor Corporation another Nasdaq company. This is quite obviously a legit group. Now to find out if it's a good investment.

At some point they have to let shareholders and potential shareholders know what they have. Their process is patented so I don’t see how the competition can hurt them by releasing the data unless there are holes in the patent.

Rose I’m honestly tired of not getting the answers we need from NS. I’m not trying to bash, just trying to find a reason as the stock gets lower to put my SHMP money back into SHMP so it can grow even larger.

I will forever be grateful to NS for what they have provided for my family and I. I’m just cautious not to give it all away chasing more profit.

It’s either not 90% or they are holding out until all dilution is completed and will release at a time when the stock can only go up.

Right, so god forbid it’s not 90%. What was the exact cost per pound from the presentation again? Shouldn’t we be able to roughly back out the survival rate from that figure?

I see the logic in that. Instead of a higher yield they get a reduced cost but I’m not so sure it’s worth the investment in the new equipment (more so for potential adaptors of the tech than SHMP). How many years before the investment pays itself off? The equipment I have been told has an expected life span of 10-15 years.

So the 90% is not all that it’s cracked up to be. I get it lowers the cost per pound. Looks like it went from a $5.50 estimate to sub $5. That’s at least $3,000 less per harvest and at least $156,000 less per year. Does the savings justify the cost of the equipment?

What I don’t get is 6,000 lbs per week was based on a 50% survival rate. We have been led to believe they achieved somewhere near 90% plus. #novisablemortality. Why are they still using the same 6,000 lbs in their cost analysis? If they’ve achieved this groundbreaking survival rate they should have yields much high than the initial estimates. If that presentation showed something like 10,000 lbs plus per week that would have been conformation of the high survival rate.

Something is off here. They are hiding something, good or bad. They either do not want the real numbers out yet because they are waiting for the right time or the numbers are not what we have been lead to believe. I welcome any insight on the matter.

Their plan is to breed their own on site. They supposedly have already begun the process. Can’t say if it’s just another false promise however. Only time will tell.

NS doesn’t manufacture or sell the EC units. They make no revenues off of direct sales. They make it from royalties those using the ECs to grow shrimp or other aquatic species would have to pay them.

I have yet to hear of F&T selling an EC unit to anyone other than NS.

You are right, it’s a tough industry. Controlling food and labor costs are difficult. There will always be hungry mouths to feed though and GIGL is providing an added value. Some people simply won’t go out to eat because it’s too difficult with small children.

Nice! I’ll put my bid in right now. Would love to get some .005s.

All kidding aside, competition is not the issue here. At least not an immediate issue. GIGL needs to grow first before that becomes a worry.

Yup watch out for Jamba Juice. I hear they get really busy when it rains.

That’s fine. It’s a very posh looking concept that appears targeted towards the upper class and elite. GIGL although very nice in its own right, is still affordable for the middle class. There might be some small overlap in demographics but that’s it.

Now if Chuck E Cheese came out with an updated higher end version that might be a direct threat. With only 2 locations there’s plenty of room for GIGL to grow and expand without issue.

This to me appears designed for the NY elite. $5,400 a year to get in plus whatever else you’ll spend while there. It’s GIGL esque in look but appears to be in its own different little niche.

As long as it’s not Tom or Gerald I think they’ll be ok. Delgado seems to be the sketchy one they can replace and Old Bill I really don’t know what he does besides fronting the initial investment dollars and doing interviews.

I’m waiting to see what Bjorn with Gamba over in Spain does. I’d like to see him invest in the technology. That might move me to make a new investment.

Talks started in early March so if you are right the time should be soon. The more time that goes by the odds of an announcement go down though imo.