"Speculation?"
With regards to money: Facilities were bought with money down and notes due in 36 and 48 months, NOT by issuing shares; F&T got cash with the balance due in stock, subject to successful completion of the offering which HC Wainwright was contracted to complete. Generally, the HC Wainwright contract is to support facilities expansion, potential strategic acquisitions and for general working capital purposes.
Now if SHMP intends to issue shares of some sort (in my opinion they will be a series of preferred shares, not an increase in common), then where does one think SHMP is going to do a reverse stock split?
"Filing an 8-K saying that SHMP has applied to NASDAQ for uplisting, when the minimum share price to uplist is at least $3, moves it from "speculation" to "wait and watch".
If anyone is "invested" in keeping SHMP from doing an R/S, well...good luck with that."
Good luck? The stock went to just under $1.00 with news of the issuance of THE patent. Get the facilitIES built, restocked and grow out some shrimp. We are two quarters away from this.
Oh and by the way, there's still only 510,868,700 outstanding shares with no news of an additional 6.6 million added. Link?!