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Re: AKseaweed post# 2610

Wednesday, 11/21/2018 7:31:37 PM

Wednesday, November 21, 2018 7:31:37 PM

Post# of 113355
As a chef I agree with you in a way. There is a large gap in the prices that makes it very difficult to near impossible to compete with shrimp from overseas. I am holding a large position in the company and part of the reason is I believe their product won't be competing with the overseas shrimp at first. It will be a new menu item for areas that can't good fresh shrimp. I work in park city Utah. People are very wealthy and trendy in areas like this, most of our seafood hits vegas from the west coast before salt lake. With what sounds like vegas being their next target I think it will work and be huge. They just need to start with areas they have chosen to build and I believe they'll make it easily. People are very trendy and love any time you tell them something was raised chemical/antibiotic free. I deal with it constantly and I'm sure you've noticed as well. As far as taking on the larger market, that is down the road a ways. Plenty of of countries have areas like Vegas, LA, New York. I do believe it is highly scalable just by building in similiar cities in other countries all around the world. my opinion
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