It was previously stated that the current tank for this last trial was delivered and set up and stocked in about one week, and that the normal growth cycle to maturity was 24 weeks. It is also my understanding that the company's business model going forward, whether inhouse or licensed, whatever form it takes, is to set up and stock and begin growing shrimp in one tank per week for 24 weeks, so that in roughly 24 weeks, they'll have shrimp from one tank per week to sell and earn revenues from for 24 weeks in a row, and that by the time that last tank is harvested the first restocked tank will be ready to be harvested, and on and on.
Since they have stated they will begin full scale commercial production in the first quarter of 2019, let me lay out a reasonable scenario. Say they stock the first weekly tank at some point in January, and begin doing so every week thereafter, in the Texas facility to start. Then at some point half way thru 2019, in July, they will begin harvesting one tank per week and selling those fresh, sushi quality shrimp into the market for revenues. Then they will begin to earn revenues from that revenue stream in July and every week thereafter, and beginning in January of 2020, each tank will be harvested twice per year. Keep in mind, 26 weeks is six months, so 24 weeks is less than six months. And at some point during this period they'll be expanding to multiple US locations, which will increase over time, and will begin in Europe with their first operation in Spain. So ongoing revenue begins in or around July, and with their expansion plans will be growing exponentially thereafter. But they'll also get revenue sooner from selling the shrimp from this current tank used for the large scale 3rd and final trial about to be harvested between now and the next few weeks. And some have been opining that there may be licensees or partners of some kind who will be making initial payments as well as ongoing ones, meaning more revenue potentially near term from that as well, long before July, and that too would then begin to grow exponentially as more licensees or partners came on board and repeated the same proven business model. Not sure how long until they can add the animal feed revenue, but there's also the possibility of an outright buyout of the company at any time. And frankly, not being an industry insider, there may be other potential revenue streams under consideration. Just a big picture idea of what is coming sales and revenue wise, timing wise. I hope this helps.
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