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Beautiful day, guys. We've waited a long time for this flower to bloom. More to come, I'm sure.
IGEN.
NEWS-NaturalShrimp Issues Iowa and Texas Production Updates
August 04, 2022 8:31am EDT
DALLAS, TX , Aug. 04, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – NaturalShrimp, Inc. (OTCQB: SHMP), a Biotechnology Aquaculture Company that has developed and patented the commercially operational RAS (Recirculating Aquaculture System), today issued a production update on its facilities in Iowa and Texas.
Iowa
The retrofit and ongoing production of 20% of the Webster City facility in Iowa has confirmed that the Company’s patented treatment technology can adapt to existing aquaculture facilities. The production team continues to increase production each month in the retrofitted 20% and will begin stocking in an additional 20% completed section this month bringing the total production area to 100,000 square feet or 40% of the building with the total production tank volume increased to 1.0 million gallons. The retrofit has mainly included replacing the previous tank biofiltration with NaturalShrimp technology and upgrading the tank heating system. The retrofit of the remaining 60% will continue next, to increase the weekly production to 18,000 pounds during the second quarter of 2023 along with beginning development of a hatchery at the Blairsburg facility. The hatchery will allow the Company to control the postlarvae (PL) supply while lowering the PL cost for not only the Iowa grow out facilities, but also for the other NaturalShrimp production facilities.
Texas
The production team temporarily cut back feeding the shrimp in the facility after a July 3rd Water Treatment Plant (WTP) fire damaged the electrocoagulation (EC) equipment and drum filters in that building until installing replacement treatment equipment. This slowed shrimp growth for about 2 weeks with production now back on track. The Company expects that production will increase each month reaching a weekly production of 6,000 pounds during the first quarter of 2023.
“We continue to focus on the retrofit of our production facility in Webster City and are encouraged by the confirmation of the adaptability of our treatment technology,” said Gerald Easterling, CEO of NaturalShrimp. “As we steadily increase stocking in the completed retrofits, we are confident production will rise.”
“We are pleased to announce that production has resumed using our emergency mobile treatment system in our Texas production facility with minimal delay, and we are in the final stages of assessing the cause of the fire early last month. Looking ahead, we expect to scale up regular production in the coming months. I look forward to announcing further updates in the months to come as we expect to be back on track and cash flow positive by the Company’s fourth quarter of 2022,” Easterling concluded.
https://ir.naturalshrimp.com/news-events/press-releases/detail/135/naturalshrimp-issues-iowa-and-texas-production-updates
Just a friendly reminder that VYST's OS has been the same since last September. Go see for yourself.
Any claim that Greg or VYST is dumping shares is a lie.
Good Morning VYST!!
No, thanks. Anyone who matters has already seen it.
Besides, I wouldn't want to ruin the hilarious narrative.
Have a nice day!
There's literally a video of the fire starting outside of the building.
And no, nobody bothered to post it here.
Gee, I wonder why.....
Gerald talked about it in the podcast and here's the 8K:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1465470/000149315222018456/form8-k.htm
Good Morning VYST!!
Turnaround maybe happening. 4's today?
Good Morning VYST!!
Everyone have a nice weekend?
NEWS-NaturalShrimp, Inc. Discusses Norway Salmon Trial and Increasing Production with The Stock Day Podcast
https://audioboom.com/posts/8122679-naturalshrimp-inc-discusses-norway-salmon-trial-and-increasing-production-with-the-stock-day-po?fbclid=IwAR0KQpsJO3SUmEueTzHsVQd7abx4yYndJ7uqmmdG8KUEyqGROZ2exIfY474&fs=e&s=cl
NaturalShrimp’s Hydrenesis Technology Demonstrates Superior Performance at Hanilu Farms
https://ir.naturalshrimp.com/news-events/press-releases/detail/134/naturalshrimps-hydrenesis-technology-demonstrates
https://thefishsite.com/articles/novel-tech-shows-promise-on-us-barramundi-farm-hanilu-farms-hydrenesis
Just to clear up some of the lies from the Shorts:
Not sure. It's primarily being sold through GSI so I presume it is going to restaurants.
I don't know. They currently have 48 tanks running and 48 more are soon to be added.
Most of the shrimp in Iowa is currently going to Chicago.
From the pics it appears to have been pretty good.
Nah, the SHMPers just moved to a better neighborhood.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161566574
The rats have their neighborhood, we have ours. Everybody's happy.
SHMP!!
See what I mean?
VYST!!
If you want some NaturalShrimp it is for sale every Friday at the NaturalShrimp facility in Webster City.
You're welcome.
WOW!!! HUGE NEWS!!!
Here's the link:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220629:nGNX1wBYX3&default-theme=true
Lake Elsinore, CA, June 24, 2022 (GLOBE NEWSWIRE) -- IGEN Networks Corporation (OTC: IGEN) (CSE: IGN), a leading innovator of cloud-based and Internet of Things (IoT) solutions for the protection and management of mobile assets, today announced its successful bid to provide IGEN's commercial fleet solution Medallion GPS to New York State Counties. All political subdivisions and districts located in the State of New York will be entitled to make purchases of fleet services from the awarded contract. IGEN's Medallion GPS fleet services will include its patented "Digital Telematics Signature", which offers greater accuracy in measuring and scoring driver behavior across all Light-Commercial Fleet vehicles and their drivers.
"Fleet owners today must provide driver-scores for their drivers to qualify for commercial fleet insurance," said Neil G Chan, CEO of IGEN Networks Corp. A large part of County vehicles are self-insured which offers an excellent fit for Medallion GPS capabilities. We expect our first deployments with the New York State Counties will become a bench-mark and reference for other Counties across the US, particularly with the initial states that IGEN is approved for bidding that includes Pennsylvania, Michigan, Tennessee, and California. The number of commercial fleet vehicles amongst these qualified states is estimated to range from 120,000 to 180,000 total Light-Commercial vehicles."
Karen: "They don't even have a plant!"
SHMP builds a plant.
Karen: "Well yeah, but they haven't even stocked it!"
SHMP stocks the plant.
Karen: "Well yeah, but they haven't grown any shrimp!"
SHMP grows massive shrimp.
Karen: "Well yeah, but they haven't sold any shrimp!"
SHMP sells shrimp.
Karen: "Well yeah, but......"
OK, Karen.
Yep. Contract with a distributor. The initial sales were in the last report. More will turn up in turn up in future filings.
https://ir.naturalshrimp.com/news-events/press-releases/detail/123/naturalshrimp-and-gulf-seafood-announce-extension-of
Good Morning UNVC!!