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Its SHMP problem for all NSH shareholders, very unfortunate.
I'm sure you have, as I said, you can trade all you want through a self-directed funded account, but as for DRS transfer from the transfer agent good luck, it will be rejected. Another shareholder just notified me of this.
Not BS, I just had another shareholder tell me no one is accepting this stock via DRS as it is below .25 cents. You can trade it all day through a funded account but TD, Fidelity, etc will not take them.
Better get that pocketbook ready Dave if you want to improve your position, the toxic movement is coming to an end. When the NSH shareholders get their stock out here it will sell for a bit more than .22 cents. Good luck!
I'm curious what platform you all actually use to trade this garbage, Interactive doesn't, TD doesn't
As in the past, they used some for trade shows and other small events to give people the idea that they can grow shrimp. In the past, they have purchased shrimp before shows and at the old shrimp station because they always killed all the shrimp. It's a scam people, unless they get the old PHD back, they will never grow shrimp in enough density to be profitable.
They have been stalling on the issue to NSH shareholders, I believe there were a few that did not sign the LULO agreement, so they are afraid that they crash the stock price. Whatever the price is if I get my shares ill dump them.
Josh, I doubt any of us will get the chance, there has been no movement on the shares to NSH shareholders since the court order, I don't know anyone who has received anything. And you can bet if the out-of-work line cook is running the process it will never happen.
Still no shares to the NSH shareholders, I hear another suit is coming against the company again, this one may be enough to shut them down. Makes sense as this all sounds like they are gearing up to exit.
It's not worth my time to pursue, its a lost investment, it happens. I just enjoy reading the comments and how utterly uneducated everyone is about this company. They have only grown enough shrimp to sell it once, and the PHD did this. The pure arrogance of these men thought they knew how to grow shrimp without the Doctor and have failed, been sued, and now about to crumble. Its wonderful.
For once you are correct, it was lost in the mail because the chef cant spell or update information. I didn't know about any of this until a colleague of mine informed me what had happened, then and only then did I call and express my disgust. I eventually got the letter, the election notice, and LULO agreement. The hearing was over before I knew.
Never had a chance
Of course, you disagree because you are an insider trolling the boards. I see GDSI on your watch list, Delgado false information the SEC didn't like. Blamed others for his own mistakes, typical. I have had dinner with these morons many times, it's fun to let them get drunk and tell stories of all of the corruption. Also, its FDA, not FTA, and yes, the senior exchanges take into consideration many different aspects of a company, especially one that was servicing Covid protocols in 2020 and 2021. Get over yourself and your meek knowledge of real-world investing.
Horrible example, you make me laugh. You know just enough to be dangerous, I heard that about you. This therapeutic company has solid management with massive knowledge and experience, FDA grants, and breakthrough patented tech. It absolutely meets requirements if you knew how NASDAQ conditional approval is based on conditions, including the public offering price of 4.13. You can try to defend SHMP all you want but they will fail for the last time very soon.
You said you had multiple examples, let's see if they are from the last 5 years.
What a ridiculous statement, the only companies that would have an opportunity to uplist without the minimum requirements would have solid management, consistent revenue, or a strong history. SHMP is trying to uplist meeting only one of the requirements of assets with equity. Why do you think they acquired machinery, burned down La Coste to rebuild, and all the mischief in Iowa. Its the only way they could possibly get there because they have no cash flow from earnings nor do they have a stable management team. Once you begin to understand the real world of SHMP, which you clearly do not, you will get off your soapbox for them.
Probably bought them as they did in the past for a trade show. Gerald loves to tell that story.
SHMP is nowhere close to meeting the minimum requirements for an uplist, it will never happen.
Greed made them go public, they didn't need the excess. If they would have kept the Ph.D. they had, continued to grow shrimp (and I did witness beautiful delicious shrimp), and sold the shrimp they produced it would have funded itself. It would have been a better story, small-town shrimp farm produces the world's finest shrimp. It would have attracted the big money over time.
useless propaganda from an out-of-work chef, apparently he is trying to run all investor communications, no wonder they are a joke.
Not true, you clearly don't understand the history and all the wrong moves they made. They never needed to go public.
They tried this same scenario back before Delgado ruined the company by going public. 31-40 count was a story ploy to raise money then and to raise money now. Keep dreaming. I invested in this company as a favor to another MD friend, I had no idea it would have turned into such a massive scam. I will call the SEC about them and see if they are on any radar or if they need to be.
Zero as usual
I'll dump all I can if I ever get anything.
Its not NSH shareholders who still have not received a single share. Easerlie should be held accountable by lying on the podcast.
Investor presentation, it looks like an elementary kid did this, basically copied from their other old garbage. You think with as much money as they spent they could afford a decent deck.
A director of sales and marketing, wow, that's a joke. What does he sell or market?
I only recognize two of these morons, who and what are all these other people doing? It's not a board meeting that consists of one person.
HA, what a joke. Same as it ever was, produce just enough to show off at an event. This has been part of their business plan for as long as I can remember. They cant produce enough for sales, just enough to appear that they know what they are doing. What a scam!
No NSH shareholders unloading shares Josh, because we don't have any.
I would imagine that is why they are dragging out the conversion with the transfer agent because they are hitting the NSH shareholders with the reverse split before they issue the shares. Won't that be a surprise, I will go from a million or so shares to maybe 50,000.
It wasn't an NSH shareholder as we do not have anything to date. Easterlies said it was complete in the podcast, sounds like an SEC violation to me.
Just posted about this, plus growing shrimp indoors has always been a failed business plan because of no hatchery. NS always speaks of it but has failed miserably trying. Take away the hatchery they have no business.
Repurposed garbage once again from 2014. Easterlies told us this business direction long ago, not that they can't grow shrimp to a finished product, but the demand was huge for 31/53 and 41/50. I love that people are still hanging on to his every word like it's gold.
Easterlies said in the podcast that they have pulled the NSH shareholders into the public company by means of share conversion. To date, 3/7/2022 no NSH shareholder has received any SHMP shares. This will probably be dragged out until the reverse split so no original shareholder can gain any return on their investment.
Correct. They never did a full harvest only partials for small events to give the idea that they can grow shrimp, after time they all died.
If I had my shares Id dump them for you Power, I'm ready to wash my hands of this mess. I hear a bankruptcy and golden parachutes are in the works for all. Dilute NSH and have Fife fill their pockets and then they are out.
20/1 RS would put most of the NSH shareholders to a fraction of a share, pure evil. They care nothing about the people that helped them keep the lights on all those years before going public. They forced a number of large shareholders into a Lock up and Leak out agreement to protect their market when all the news came out. It is a scam, they admitted it years ago, they couldn't produce shrimp in a cost-effective way so the only way to keep the company going was to access a public shell and become an asset/real estate company with a smokescreen story. SEC will be notified of all the details soon.
There is no way, no way they had revenue from shrimp sales. Impossible.
Since no NSH shareholder has received any stock as of yet I can only assume they are running the R/S with the transfer agent before issuance. All the small shareholders will be diluted beyond belief. It was supposed to be a "finally" stage for NSH investors to get a return on their investment, but these horrible greedy bastards are going to continue to run the day-to-day scam to whoever will listen. Heads up ROTH attendees.