No need to be shocked, it is well worth North of where we are. You are shocked now? Wait till this hit $2.00 by this Friday, the latest Tuesday next week. I want to see how shock you will be then.
"In the company's own words," You do realize this is OTC right? You do realize that big board bios have that disclosure too right?
"The company goes on to say (italics are mine):" Again, you do realize that big board bios have the same disclosure too right?
"At this point, with money dwindling and a significant amount of capital still necessary to implement its "growth strategy," the company seems to be spending the majority of the little money it has left on debt expenses and general/administrative expenses.
Furthermore, according to the company's quarterly report:"
The harvest report and third party data, will bring in money hand over fist, thus two days in a row of 24 million dollars plus traded
"You might think that after burning through $35,000,000 over ten years and after taking on a 164.94% debt to asset ratio they would be on the cusp of a revolutionary shrimp-related breakthrough. On the contrary, after nearly 20 years of R&D and burning through a mountain of cash, the company still has yet to produce a batch of shrimp they can confidently deem commercially viable."
Again those your own words and opinion
Research and Development companies until they have viable tech go through way more expenses than SHMP has, 1.7 million dollars a year is actually excellent for an R&D company, but it's coming together finally, and they can offset those once revenues are generated.
"Maybe I'm missing something."
You are missing a whole lot, you need to first find out, what is shrimp really, then you need to find out what is this patent, then you need to find out, is it scalable, then you need to find out, what other seafood can they use the tech on, then you need to find out, is their shrimp marketable, then you need to find out why there is 24 million dollars in multiple days, then you need find out, why did Whole Foods visit the facility, then you need to find the endless possibilities. When you find out all of those and plus more if you ever do, then we can talk. This Q report is really, really irrelevant at this point, we are looking at the projected future. One more thing, this is going to be a billion dollar market cap, then you will absolutely be shock, that will be a shock and awe.
