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Franchising may be part of the plan but that takes years too. To really get the afterburner lit they need a mega partner. Think someone like Jeff Bezos and Whole Foods or equivalent. If it were me that would be the path I'd pursue.
That's fine but the ultimate goal is to have plants all around the country. I just don't see them waiting years to bootstrap themselves into that position. Does anyone think they won't pursue shortening the timeline to giterdone.
I just don't see the top exec's wanting or willing to wait years. I think they find partners to help them make it happen much much sooner.
This plan will roll out much quicker when they joint venture with a very deep pocket partner. Years will become weeks.
I particularly like this statement in the article.
NaturalShrimp and F&T, through their subsidiary, Natural Aquatic Systems, are currently considering establishing possible joint ventures and/or licensing candidates for the indoor production of a number of species including barramundi, salmon and lobster.
Great story. Inspirational. Thx
Has anyone ask NS what the current details are on the GHS sh count and at what price. They should make that public.
5 Million shs. You are brilliant!!!
Those brokers doing that are scumbags. That practice should be illegal.
They are going against their own customers.
Well let's see what they do during the conference.
Since you wrote your reply to me you have found out the State did their inspection back on the 21st and gave them a go.
I didn't say they needed a booth. Some people here are talking about their booth when NS said they would not have one but are setting up meetings offsite. Just keeping the record straight with some. Go SHMP
Remember they do NOT have a booth at the convention.
NS doesn't have a booth. They have strategic meetings planned with key interested parties.
Thank you.
As we all know right now it's all about the patented technology that no one else in the world has. That's BIG. Didn't know it was 43M. Last I heard it was 30M. But they need to raise money to expand to enable the revenue to happen.
I try to follow that too. I bought in Dec cheap and happy so far. I just wish they managed it better. If they hadn't kept us in the dark until the last second and then didn't deliver a full harvest report with reporters present ready to write a ton of articles I'd be happier.
Has anyone asked them why they didn't invite the press?
They have a lot of followers on tweeter but only a handful of likes. Not sure what that is about.
Well you seem happy but the market sure didn't receive the PR positively.
I think people were impressed they were going to do a public harvest with the State and Press and probably a select few observers. That was such a bold open way to do it.
Unfortunately they changed their minds. People and me were waiting with baited breath for the big event and data details. They changed course completely. Now it's selling off.
It hit 32c this morning and it's probably going lower in the next few days.
They have a lot of work to do to raise the sellers enthusiasm again.
I hope you sold there because it's not there anymore is it.
Unfortunately stock holders aren't happy. You can't argue with the market.
SHMP know how high the anticipation was for the report and press conference. They had to know it was going to be met with heavy selling.
It's too bad because they could have handled it differently and prevented the carnage. IMHO
The selloff will go on for a few days. Relax.
Are we hitting 23c again?
No Reporters, no great articles, missed opportunity just before the Conference. IMO
They told us their plan and now they are not following it.
No reporters invited to view the shrimp in the tanks as they promised. Maybe even a shrimp lunch for them. They omitted a key event that would have gotten lots of articles written and had immediate impact on the company just before the Convention.
Instead we get this positive but low key NR telling us everything is alright. Would like to have seen them do this as they originally stated.
Cherry,
You're making public assumptions without proof and that's not a good thing.
Excellent point. They have pulled hundreds of pounds several times.
I'm not buying it.
I've written my 15 post limit today so can't do more til later tonight.
I am very upset with NS because they have known for months they were going to harvest and should have had the States permission ready and waiting. They could have issued the report yesterday when the stock had big momentum behind it and really lit the rocket booster. Probably could have hit a dollar or more. Instead they waited and we took a huge hit. Not happy. Poorly managed. And no I don't blame the MM or the State of Texas.
I'm showing 44.8 on the 14day
OK thx.
According to the OS TooFrank posted they raised some cash but diluted by 30 Million shs. We'll see what tomorrow brings. Apparently they have to get State approval to harvest? Didn't know that.
SHMP sold 30 Million shs in one month!!!
Just from Jan to Feb.
If they delay news it will be a real downer.
Could make a double bottom like last time.
Sinking pretty fast now. arca bid is 38c.
I wouldn't buy until the next round of financing is done.
They will have to offer the shares at a significant discount.
It's always done that way and current shareholders take the hit.
OS is up 10M shs
That's what the CEO said and I believe him.
GO SHMP
BUY/HOLD
Longs lock up your shares.