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Why did they Have to Take it ? I don't think they had to take it so much as they chose to take it. How much do you think they could have raised if they had put out an offering after the patent was issued
Well come on now is it too much to expect a company to have its affairs in order . It things just like that which are considering for a company that wants to be a big deal.
See that's part of the whackness with shmp , who's bright idea was it to hire a cheff ? What do I do with a cheff fly him to various meetings with interested parties packing an electric skillet, and where was the cheff for the Florida guys visit they just got the heat & serve treatment .
Well at least we can forget about it untill its time to harvest again again.
It's drivel because we were told to expect expsansion & commercial production years ago...., yes its repackaged and theyll always be testing additional species.We've literally been told we're months away from commercial production going back 4-5 years that's a fact .
Why is testing at other facilities drivel because its not putting out a pr stating a distribution agreement for the shrimp we have once again stocked tanks with, that's a dance we've done many times .
What we want is a distribution agreement, we were told about local interests and beyond, years ago and most recently through the run up to the show and in waiting for potential results of any relationships secured.
Now we have some tanks being stocked and yet again the plan is to expand to full production but still no distribution announcement, surely you realize what a boost it would be to share price if even one local store agreement was secured and PR'd .
I want to see shmp get it together, hire up a pr team and stop using Peter as a third party its unprofessional, everything a third party says is as a third party and can't be directly tied back to the company,so no matter what value there is to what he has to say its still just fluff as its not being owned by the company until it comes as a PR from shmp.His having to act as an impromtu spokesperson has been ridiculous from the start but that's beside the point.
I want to see shmp lock down an out source first thing, we have a patent right wouldn't it have been great if shmp in anticipation of its approval would have had an distribution outlet pretty well set up ready to go...,
we still don't have one that's been PR'd..., by the grace of the market its held up this range and support.
The market wants revs coming in and an distribution agreement reached , we've gone from buy out and JV's and licensures deals, to testing at other locations on other species which would have been an awesome pr after a distribution agreement. I do find it odd that none of the shrimp being grown prior to and since receiving the patent weren't slated for commercial distribution .
I accept we now wait for these new shrimp to grow out before beginning commercial sales , I would not be surprised if its not till just before harvest that we know who might be buying them . I feel they knew there was going to be a draw out period after the run up in sp and the shows weren't going to produce any immediately actionable distribution contracts or licensing deals to be PR'd , I've argued its because they weren't ready but it doesn't matter as I think none of that buy out, jv talk, etc was actually part of their plan hence the draw out period we've been in.
I think a lot of us thought it woulve taken off in some such fashion as a jv or buy out but I don't think they wanted to create licensures before expanding their own commercial production footprint nor do I think they had the real capacity in place to be able to run their operation and have to run out and service any initial kinks the licensures would run into.
I get they want to build a bigger footprint but that takes time idk, maybe this has been the best way to transition shareholder expectations from lofty buy outs into a more go it on your own plan that actually is what the company as primarily always put forth , expansion of the Texas site and cities within Texas then Las Vegas etc...., so far it's working the sp has held up in this range of 18-22,23 was it, but will hold another how long till the first commercially viable harvest ?
I half expect we won't get that commercial harvest but rather have it put off and combined with the commercial harvest of the other species not say'n just say'n, I could easily see this getting kicked down the road a couple of years yet , hopefully not hopefully we hear soon of distribution agreements that to me is crucial to maintaining this price range longer term.
That's actually my worry, that we end up switching back to a primary R&D focus rather than the focus being on selling shrimp. I'd rather they aggressively lock in distribution outlets while expanding R&D but let's start selling some damn shrimp.
I don't wanna hear about holding the larger ones for taste sampling wtf over,sell them for the love of God lets go! Anyone local at this point knows what the heck they taste like so why don't we have at least a local buyer locked down?
Months and months waiting on all the grand deals to materialize that supposedly made at the coffee shop only to hear this latest drivel ....clearly they don't have buyers lined up after all this time and now we are projecting no profits for a year or better.....why isn't the sp below .10 because the market is up on hopium but its wearing off as as .20 becomes harder to bust through, lingering in upper the teens can only last so long , I just don't get why they can't just get some sales going already .
So essentially profitability is getting kicked down the road a year out?
No sir alot of us are still deep in the red , I get so tired of the freebies nonsense,there's no such thing as freebies,they're simply profits left on the table after one decides the stock reached they're level of risk so we take what we can and let the rest ride out the risk that we're not willing to let the majority of the capital take.
I've got my concerns with this share increase business and the product reviews not being up to par. I'd like to see review concerns get addressed ASAP, good thing is the ball player from the photos of luggage boxes with team members names means they'll be using them hopefully and we will soon find out if they hold up.
My other concern is I get the catalyst that sent it rocketing but what's the next catalyst have all the current the metrics been priced in , basketball star,merger, etc ?
I'm up to 205k shares
I'm from California but I've lived in N.M. for a long time now , I'm in Albuquerque and Jemez Springs.
Hey hey, I see your zia image by chance are you in N.M. As well ?
Fun stuff I hope it doesn't gap too hard moneyday,I have buy orders in at .025 & .035
Are you seeing theses huge multi million bids yahooo
Just checked back in and what can I say someone spilled awesome sauce all over the place, glad I bought the raid yesterday should have bought more this am but I'm happy with my 125k shares that I could flip into freebies but I think I'll hold off awhile .
Not sure when the bottom will be in selling is still way outpacing buying, though I do remember apeassholes vyst raid in the .007 range i'll never forget .....lol ape got to me on that one .
I just started buying yesterday, bought another 25,000 shares today upto 130k shares been a little nerve rocking I generally never buy after anything thats had such a sharp run but here I am lol
How many shares have you bought today
Yes,what is up with that
Lol same thing when it dipped the first time, I saw this dip as a buy opportunity..., sometimes your right sometimes your wrong but I'm still going strong.
I added another 45k shares more this morning
I don't care what anyone says as a long I've been getting slaughtered ,but I'm not ready to give up .
Lol you are creative ...,yes sir
Omg impersonating P.L. ....,that's just wrong lol
I'd be excited if we were seafood restaurant chain but we're not , this is ridiculous. Does Porsche market their test driver to sell the GT2 RS.....ummm no
Anyone else notice as educational as the NS twitter tweets are they sure do have a hard time pitching their company in relation to the articles, reads more like a blog for the industry vs a companies tweeter feed.
How can you post everything under the sun concerning aquaculture and not talk about your own achievements in the space,at least tweet something about the patent once a week,something about your process once a week sell the product for goodness sakes .
AQUACULTURE 2019, The Triennial is the largest aquaculture conference and tradeshow held in the world with nearly 4000 attendees from over 90 countries, held on March 7-11 in New Orleans, Louisiana USA
@WrldAquaculture https://t.co/F9AKjY0oZu https://t.co/mESk1StVAs
I actually did not know its the largest AQUACULTURE show in the WORLD !!!
I dont care what anyone says something isn't right here, what kind of company that holds the tech they say they have would neglect to have a set up showcasing this industry changing tech ...,at the WORLD'S LARGEST AQUQCULTURE TRADE SHOW ?
And now the chef is going to be marketing ohh boy , dear lord where did the local markets go ,aren't they still waiting to buy all we can produce...what in the actual heck is going on here
Whom ever is flipping the heck out of this today has my respect ...glty way to trade
Taken from twitter user Greentime1
$STEV: Looks like STEV isnt just a HEMP Company, they also have a Shrimp farm in Columbia & they just signed a deal with $FLCN, who's CEO is the CFO of SHMP. Going to be a monster into fillings. https://t.co/W36huYY5VI https://t.co/RYYWSSzPY9
http://aisaquashrimp.com/
Taken from flcn page....,make of it what you will
NO KNOWN REVENUE - INADEQUATE DISCLOSURE ON OTC MARKETS - NO KNOWN PRODUCTS - HEAVY DEBT - EXPECT DILUTION - OTC SHELL RISK FLAG
Eco-Growth Strategies, a Wyoming Corporation
WYOMING REGISTRATION
Falcon Technologies (FLCN) is an Inactive Oregon Corporation.
Delgado let FLCN go dormant to allow the California Statute of Limitations on debt to run.
He then did a flash reinstatement of FLCN in Oregon to redomicile to Wyoming on February 11, 2019.
CORPORATE ADDRESS IS A VIRTUAL OFFICE IN NEW YORK AS WELL AS DELGADO'S SECURITY LAWYERS OFFICE
90 Broad Street, 2nd FL
New York, NY 10004
Warning!
This company has posted limited financial disclosure through the OTC Disclosure & News Service
or is late in their filing obligations with the SEC.
ACCORDING TO THE 2018 ANNUAL REPORT, WILLIAM J. DELGADO IS THE SOLE BENEFICIAL SHAREHOLDER.
THE ANNUAL REPORT HAS NO REFERENCE TO FUTURE PLANS EVEN THOUGH IT WAS UPLOADED 02/27/19, WELL AFTER THE COMPANY WAS REDOMICILED
TO WYOMING ON FEBRUARY 11, 2019 UNDER THE NAME ECO-GROWTH STRATEGIES. THE WYOMING ARTICLES OF INCORPORATION DO NOT NAME DELGADO.
THE WYOMING ARTICLES CONTAIN AN AUTHORIZED SHARE COUNT OF 500,000,000 AND PREFERRED SHARE COUNT OF 10,000,000.
OTC MARKETS SECURITY DETAILS
A/S 100,000,000 as of 02/26/2019
O/S 19,531,847 as of 12/31/2018
FLOAT 5,086,101 as of 03/27/2019
Why are the counts not updated on the same day?
WYOMING SECRETARY OF STATE SECURITY DETAILS
A/S 500,000,000 as of 02/11/2019
STOCK TRADES BEGAN THE DAY OF THE WYOMING FILING, FEBRUARY 11, 2019,
AND CONTINUED UNTIL THE DAY BEFORE THE DELINQUENT FLCN FILINGS WERE UPLOADED TO OTC MARKETS.
THAT'S 11 DAYS OF TRADING WITHOUT PUBLIC DISCLOSURE OR NEWS FROM WILLIAM J. DELGADO.
THE SHIFT TO ECO-GROWTH STRATEGIES WAS NOT PUBLIC KNOWLEDGE. THE WYOMING FILING DIDN'T NAME FLCN OR DELGADO.
HOW DID THE EARLY TRADERS LEARN ABOUT THE PENDING TRANSITION?
2018 ANNUAL REPORT SHOWS
ASSETS 1,200
LIABILITIES 1,600,000
NOTES FROM THE 2018 ANNUAL REPORT
(1) All income related assets (receivables, notes, costs in excess of billings) have been zeroed out. There
has been no activity in the last several years in these accounts or the attempts to collect said assets.
(2) All liability accounts have been adjusted accordingly. All of the liabilities, except for notes due to related party,
have exceeded the statute of limitations for the State of California, where such liabilities were incurred.
(3) William J. Delgado, CEO and sole director, on behalf of the shareholders of Falcon Technologies, Inc.,
initiated legal action against three of the former officers and directors of FLCN in 2009. Although legal
counsel was working on a contingency fee arrangement and the probability of success was positive, it was
determined by the company and legal counsel that collectability would be difficult, if not impossible.
The decision not to continue was made mutually by the company and the company’s legal counsel.
The above section will be managed by Moderator PhenixBleu.
Please review the reasons why posts get deleted. It's all about the terms each member agrees to upon registering their accounts.
Deletion of Posts
What is going on who's propping this up total manipulation ....,so strange the sell volume is 4xxxxx's the buys at the mid to low 18's but totally disappears between .19-20 .
The run up to 90+ was because of the trade shows and patent news.
Yup, I know what I'd rather be. Eventually i'll get there ,this one I held too long before taking profits .
I had a beautiful position that I should have gotten out of at .60 either on the way up or the bounce but I got greedy and broke the rules, the very rules that would have said sell, double up or buy back the original position at the start of the bounce, sell and transition into freebies, let them ride and move onto the next trade . Way too much time has to be spent on D&D to do anything but follow the rules of good trading thankfully I'm learning little by little. GLTA
Nice irnc!!! It sure says a lot when when you can make 160% + move and buys and sells are equal to me that shows incredible strength to absorb all that sell pressure .....,lol if I were on the sell side id step away from that button hell id turn the computer off and walk away lol......,go go go
You as well Shermann , glta .
Awesome info thank you ....,more stuff to study your post made my day
Well jeez , and everyday a push to get folks to buy it at far higher prices than you . Man alive once again if your confident buy it and forget it .
The time for spreading the word is after news, if you want to stay in the good grace's of your friends and family in my opinion.
Shermann I hope the company recovers but hope is not a sound foundation to invest upon ,certainly we can't argue that. Not having a booth and display set up was a huge mistake again companies don't waste money on setting up these displays at these industry specific trade shows. Why even go if your not going to represent? What nobody has conference call abilities, if all these companies already new about NS what was the purpose of sitting at the coffee shop when you could have been back home in Texas working on my dime vs living it up at the coffee shop .
I see consistent buying in an effort to prop up the SP, if the buying was really a reflection of the market we wouldn't be struggling to hold this range ,we would be slowly but surely climbing back up . Clearly that's not the case.
The smart money is waiting for real news for all the reasons the more conservative amongst us have posted. The current SP is chump change for gamblers hopes ,if substantial news comes out the smart money won't care if its 10¢ or a 1.00 ....,why because its good investing vs taking a gamble or timing a play.
We had a huge run up and fell on our butts , the smart money got in on the patent news and out before the company blew the momentum, now those investors are waiting on the sidelines with their profits intact. While the rest are playing the prop up the SP game with their gains .
One thing is certain the run is over the sp failed to hold its gains and the stock may or may not recover those highs based on substantial news. Argue that all you will but the broader market speaks the truth of investor sentiment ....,not longs.
We should ask ourselves, if one isn't already in this stock would it be deemed good investing to buy in now after a massive run up that failed ,or wait for news and guidance from the company before investing.....,GLTA
Did you forget we didnt have a booth at any of those trade shows, millions and millions have been pumped into this yet nobody had the foresight to get even the cheapest booth for the shows just in case the patent came through!!! Does that seem like good management...,C'mon now . Everyone who bought shares above our low today are now looking at those shares being underwater was that a good trade ,a good entry or what.
I'll wait for substantial news to reload, the otc is a gamble enough in and of itself vs doubling down on the gambling with a company that already has a shaddy past.
Believe what you will but the fact that we are trading where we are speaks volumes to the position the broader market has clearly taken .
I'm still waiting for the expansion & commercial sales news from 2015 .....any day now,turned into weeks,months and now years. Could it eventually happen sure but that won't change the fact that management is lousy.
Why aren't we mentioned in that article ??????
I know what's going on here with these spikes, whales are propping it up a bit shaddy but not a bad plan as it seems to be working . If one sells off a small portion to be able to hit the ask when we start to tilt it props it up, as others rush in thinking it's a reversal ofcourse its not but it does keep the price from finding its organic level hmm, the games are never ending .
If this level falls next support is at .1835, if we can't hold then .17.7