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Let me get this straight, some Alaskan fisherman is pissed he's not making the money he used to so he collects some BS videos about the worst aquaculture practises from YT to make his point and interjects as many emojis as he can find? Yawn! My time is valuable.
You busted me on the "trick question"! MF is pretty smart, he sidestepped it, he instinctively knew where I was going with it. Thanks for your smart guy input. Although, I believe Pref. A Shares will be required retired for NSI proposed uplist.
Damn, it's like talking to my spouse, never an answer, always another question back. 🤣 Sure you are not a lawyer? 🤣
While there's a smart guy on here, I have a question; would preferred shares RS at the same ratio as common shares?
Maybe I misunderstood it? It sounded to me to that it was only effective for 12 months. https://www.sec.gov/Archives/edgar/data/1465470/000165495422003591/shmp_def14c.htm
Hasn't that RS notice expired a long time ago?
MOP shows up occasionally on Yahoo as (get this) "Truth". 🤣
Nicole, NSI doesn't sell "heads on" any longer online. You should try and keep up. Thanks for keeping up with the property taxes owing, I appreciate it!
I love the twist on numbers, I truly do.😆 Unlike most SHMP shareholders I can read and understand a filing, maybe not to EQ or UF's proficiency. I'm no cheerleader pumper or agenda driven basher... I'm just a trader.
I know you thought I was an insider, guess what, I'm not. I am in the SHMP dark just like everyone else (growing like a mushroom). June 30th (10K) we may get some numbers unfortunately they will be 3-6 months old by then and I suspect not very good once more.
I don't follow HomeGrown, I have no CPF shares, why would I care. If you point is a higher than commodity price point isn't attainable, I beg to differ, it's obvious the further away from the Gulf that one gets the higher the price point is. It's not a hard concept.
Can you read? HomeGrown! NSI is about $14.66 per ib online, tails only + shipping so almost the same price in the end.
Good presentation. I take exception to the "lucky if we can get five dollars per lb". Robins clearly gets $12.50 per lb online. https://homegrownshrimp-usa.com/shop/
I don't care for personal attacks. Attack someone's statement or opinion? Sure have at it! I will agree the degree of success competition between GRPS and SHMP will be an interesting game play to watch in the coming months... The Ecuadorians against the Texas good ole boys.
I gave you a like only because that sir is a bold statement and prediction! Takes big nads to stand behind that.
EQ, Excellent knowledge and question sir, as usual. "Just the facts Ma'am"
Oh to be privy on this! lol
Yes, Kings Shrimp Farm not TAA/GRPS TAA bought the 1860 acre farm from them on a vendor take back.
I know I figured it because Adam didn't disclose it. In my memory that 55% sounds correct. From the chart I linked, KSF had a 96.3% survival rate in 2009.which is the highest I've ever seen.
Here's a more current presentation quoting biofloc survival rates as high as over 90%. Looks like Kings Shrimp Farm in Arroyo City now TAA/GRPS had some good numbers before they went BR. https://www.biomin.net/science-hub/sustainable-shrimp-farming-high-density-biofloc-dominated-no-water-exchange-systems/
It wouldn't align with my modus operandi or my agenda! 🤣
Treat me like I'm Audrey II from Little Shop of Horrors... "Feed me" (info) 🤣
I don't know an exact industry average, across different sizes. I don't have a Phd in Aquaculture either,😆 I'm a trader. I think once upon a time I heard it was 68% survivability. Here's a link to an older (2015) Perdue study if someone wants to read it, I did years ago. https://extension.purdue.edu/extmedia/EC/EC-797-W.pdf
Every biofloc RAS operation has their tanks full, NSI has almost a 40% occupancy rate. 🤣 Sorry.
Ubes, I wouldn't argue with EQ on this. If I'm not mistaken, he was the exec VP of a major banking institution once upon a time ago. He's not talking out his arse.
NAILED IT!
I concur, I've experienced the same thing. But I'm not about to call anyone a lair for offering for a differing experience....Banks are getting invasive with questions on what withdrawals are being used for, that is a fact.
I agree some of those people will lose their homes betting blindly on SHMP and their "Investor Presentations". Some had no experience or business "investing" in OTC stocks. NSI management would be sagacious to remember, "Truth is only harsh if you're unable to face it". Transparency is and has been missing for awhile.
Study Matt's track record, you may change your mind. I'll bet, Schissy has been involved long before the RedHawk consulting thing was announced. I'll bet Schiss already had his CBOE puzzle pieces aligned long before the 8K was printed.
Con men on NAS are easily identifiable and undemanding to short. Here's what concerns me about SHMP, if they pull off the Schissy CBOE uplist without a change of modus operandi....They are going to get hammered. Everyone knows NSI is still going to dilute once uplisted.
If your good at shorting there's been good money to be made on MULN. 🤣. Take a look today though, currently up 38% today, nice upswing from 2 days ago when it hit $2.40
I didn't call YOU that, but you know whom (and there's a group) I'm talking about. BTW, I'm not a believer in all doom and gloom for NSI's future, yes mistakes have been made that don't require harping on about ad nauseam. BUT, NSI still stands a really good chance of making good one day!
Noted counsellor, I'll take that under advisement.
Respect is not my goal and certainly not from the basher, no brain clowns. Truth seeking is my goal and always has been. I'm just an investor.
I scarcely post my DD. Call this Revenge of the Donger! 🤣
Because I'm not one the the clowns posting chit here!
Yes I am aware, that's why I saved the pictures and video. I debated saying that publicly but it is the truth. In hindsight I should have deleted it, too late now. Discretion is the better part of valour. Thanks EQ!
PDT, MF, Tomato / Tomatoe. Mortality rate vs Survival rate. In my opinion the 78% SR stated in an Investor Presentation is labeled "PROPOSED" they might as well have added in can, might or may. 😆 I propose NSI's survival rate is always varying, the aquaculture expert I talked with suggested NSI's survival rate probably has been 0% and as high as 93%. He/she suggested an average 46% would be a prudent constant average to consider when doing DD. There are pictures/video circulating of NSI employees dumping large volumes of dead shrimp in an Iowa field, I have seen them. There is no doubt in my mind some NSI employees have made some mistakes in the past, but it seems to be getting rarer. I don't think NSI will ever release their average survival rates until they have the entire process perfected (from PLs, feed, the Tech, employees, perfect tanks, water sensing, etc) and outshining all other producers of farmed shrimp.
At Power11's old $0.30 prediction, I'll make enough to pay off my mortgage 🤣 and then some, maybe I'll buy a lakehouse too.
Have a little decorum! A grown man talking like a pubescent, recalcitrant, juvenile lowers others respect for anything you may have to say.