Wednesday, November 21, 2018 1:14:11 PM
Tank size, number of tanks and number of locations are easily scalable.
Stocked at 400 PL Post larval shrimp per cubic meter in a 65,000 gallon tank.
65,000 gallon tank = 246 cubic meters x 400 PL = 98,400 shrimp at an adult harvest weight of 20 per pound = 4920 pounds at 0% mortality. Using 10 percent mortality = 4428 pounds harvested at $14.00 per pound = gross profit of $61,992 per harvested tank. Using 24 grow out tanks harvested every 168 days - being conservative with 48 harvests per year X $61992 per harvest = $2,975,616 gross. X
20 locations across the US = $59,512,320 gross per year
40 locations = $119,024,640 gross per year
Stocked 500 PL = 123,000 adult shrimp at 20 per pound = 6150 pounds at 0% mortality. Using %10 mortality rate = 5535 pounds harvested at $14.00 per pound = $77,490 X 48 harvests per year = $3,719,520 gross X
20 locations across the US = $74,390,400 gross per year
40 Locations = $148,780,800 gross per year.
The electrocoagulation system runs on pennies a day eliminating the high expense of chemicals and antibiotics. The patented automated RAS system requires little man power further reducing expenses. Thus SHMP’ projected an expense of $5.00 to $5.50 per pound to farm shrimp to adult size 20 count. The chemical free antibiotic free never frozen sushi grade shrimp can demand a higher price of $14.00 per pound with reports of selling over $20.00 per pound in NY.
This does not include %100 patent licensing rights owned by SHMP for shrimp aquaculture through the world.
Nor does it include the 50/50 ownership of the patent licensing rights shared with F&T Water Solutions for the aquaculture of all edible species.
Nor does it include a foreseeable partnership or buyout by one of the global aquaculture corporations as the patented RAS system is a game changer for the entire aquaculture industry.
First Amendment Rights do not cover deliberately making false statements.
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