NaturalShrimp Inc (SHMP)

[Running Q]

Nice post with realistic expectations for eom...I’m hoping for steady gains throughout the year. Once the harvest results are known and published then future cost/profit scenarios can be run, potential partners/customers identified and their business model put into action at greater speed. A few key things to remember:
1). The mortality rate was/is surprisingly low even by their standards (eg those who developed the patent). This means more money because every surviving shrimp is $$$...every shrimp that didn’t make it is loss $$$.
2). They delayed the S-1. In subsequent conversations with the company it was found out the delay was recommended from their lawyers and interestingly not from their accountants. Lawyers deal with contracts, acquisitions, mergers, etc...hmmm
3). Any money F&T makes using the patent in the production of other aquatic foods (salmon, tilapia, etc) SHMP receives 50%...more revenues $$$

It’s going to be a fun week...