InvestorsHub Logo
Followers 22
Posts 2299
Boards Moderated 0
Alias Born 09/22/2017

Re: JPerdue2 post# 37357

Tuesday, 02/26/2019 11:41:11 AM

Tuesday, February 26, 2019 11:41:11 AM

Post# of 113456
Given they just last week ordered three additional tanks, the expectation is we're going to see a great success of their patented technology "test"...once that's official in the report, the stock will probably run over a $1.00, based on the reality that just on rumor of the outcome two weeks ago we ran up to .93, gapping up so much that it retraced to .23 (overbought to oversold exactly)...

The company was assessed in February 2018 at a 2.16 pps in the given circumstance of a modest viability (as the usual biofloc systems and/or fish farms only have 25 percent to 55 percent viability, anything over 60 percent is positive territory)...so close to 100 percent viability, the expectation, will be industry changing.

They will also be attending the aquaculture conference on March 7 in New Orleans at which point they'll have the official report in hand, after months of publicity following it, and there are expectation they will have distribution and licensing agreements forming two lines of revenue.

As far as distribution of the shrimp, we do know Whole Foods walked the plant and we hope to hear more on this and other avenues.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SHMP News