NaturalShrimp Inc (SHMP)

[SurgeGuy2.0]

So the hell what? Fact remains sales are pathetic and will most likely remain so for a good while. I am very sorry, but the fact remains a company that only has $24K in the bank is not doing very well and in no way shape or form earns a market cap of over $100M.

The other factor is margin. As I stated. Margins are very low with shrimp. Fact they are operating with a huge NET LOSS proves that the cost to operated is greater than their revenue. So until they can sell shrimp cheaper than they produce in significant volume, there is no way they will earn the market cap. Again, this is way over priced until they can prove otherwise in regard to sales.


Hope you all have a great weekend.

GL