Embarr Downs, Inc. (EMBR)

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THE FAILED FISH POOP SAGA.

(3) On March 24, 2014, the Company filed to form a wholly owned subsidiary Hemp Fish Water, Inc. in Nevada.

(1)
The Company’s CEO will be meeting with distributors this weekend regarding the distribution of the Company’s Hemp Fish Water.
(2)
The Company has started the bottling of its initial Hemp Fish Water produced from the fish’s wastewater.
(3)
The Company expects to finalize the set-up of its initial fish pod in the next 60-75 days. The Company currently is operating a test pod.


The Company has begun constructing its initial aquaculture farm in Indiana and intends to build a facility that would be capable of processing 3 million pounds per year. The Company has begun construction on its initial building which would be capable of processing 5,000 – 10,000 fish per year. The building is intended to allow the company to test different tank and filter set-ups and to test raising different types of fish in a controlled environment. The 2 nd phase consists of building an approximately 10,000 square foot building that will hold up to 21 10,000-gallon tanks and a processing and holding space. This building will allow the Company to process up to 300,000 pounds of fish per year. The 3 rd phase consists constructing a building on over an acre of land that will be capable of processing 1.5 million pounds of fish per year.

The Company then expects to expand its aquaculture farm to 50 acres and that would be capable of processing over 3 million pounds per year and expand to salt water farms as well.

The Company has begun constructing the building for its initial phase and expects it will be completed in the next 45-60 days. The Company has also agreed to lease a commercial space and expects to begin construction on our 2 nd phase in the next 6 months. The Company has also agreed to purchase a 1-acre parcel and expects to begin constructing its 3 rd phase building in the next 9 months.

The Company has begun preliminary talks with distributors for the Company’s fish. Additionally, the Company has agreed to acquire a storefront in Indiana to build a retail fish store for its aquaculture farms. Thereby, allowing the Company to sell its fish through distributors and its own retail space. IS THIS THE PEST PILOT BUILDING?)

The Company has completed the construction of its initial building for the aquaculture farm in Indiana. The Company expects to begin installing insulation in the building in the next 2-3 weeks and expects the initial tanks will be installed and up and running in June. This building is intended to allow the company to test different tank and filter set-ups and to test raising different types of fish in a controlled environment. Once the facility is up and running, the Company is exploring installing a web camera to allow shareholders to view the tank.

The Company expects to begin construction on the 2 nd phase building in the next 6-8 weeks. The 2 nd phase consists of building an approximately 10,000 square foot building that will hold up to 250,000-gallon tanks and a processing and holding space. This building will allow the Company to process up to 300,000 pounds of fish per year.

The Company has purchased the tanks and filters for its initial aquaculture facility. The facility is intended to allow the company to test different tank and filter set-ups and to test raising different types of fish in a controlled environment. Initially the company will set up a tank for tilapia, lobsters and crabs. Once the facility is up and running, the Company intends to install a web camera to allow shareholders to view the tank.


(1)
Over the past 60-75 days, the Company’s majority shareholders had been discussing selling their position to a Company looking to do a reverse into Embarr Downs. The purchase price was approximately $300,000. Due to the uncertainty during the time, the Company did not finish building the fish farms in Indiana. Last week the Company’s majority shareholder decided against selling their position.


http://www.otcmarkets.com/stock/EMBR/filings