NaturalShrimp Inc (SHMP)

[fantasytrip]

You're right, but a reputable equity analyst (Harbinger's) assessed the company's valuation in April 2018, before they secured their patent by the way, and that included a projected pps of $2.16 within a year (what we're coming up on now) and it is likely conservative, not only because it would be by virtue of their profession, but also because the valuation was done before their final technology was put to the test.

Other comparables, as they have two streams of income, licensing and shrimp farming, are the shrimp/fish producers...I've seen around $10 to $20 a share as usual for those, and we're not talking big companies.

But I'd say it would be a matter of a couple of years to reach those levels, not 3 months.

However, because this is a unique technology that has no competition, a water treatment solution that took them years to develop and that is crucial for everything from doubling production, to producing completely contamination free shrimp, to a means to provide seafood and stop harming our oceans, that price hike may come sooner than later.

And I must point out the cbd companies that had no production or marketing yet that did jump to the 10 to 20 dollar target within a couple of months during the mania...because of so much publicity. And they did retrace but really back to the 3 to 7 dollar range and then went up again as sales started.

So never say never. We just don't know, but my money at least starts with that original analyst's report as a realistic first target that looks to be on schedule.