NaturalShrimp Inc (SHMP)

[Helter Skelter]

SHMP Vice President of Science and Technology Bolts After SHMP Moves Towards the Dark Side Becomes CTO of Planet Shrimp

Shrimp Vacation



Ernst will win the Nobel Piece of Shrimp Prize at Planet Shrimp.

From NaturalShrimp Form 10 Filing:

The Company began research and development in 2001 with the specific goal of developing and implementing a high-density, natural aquaculture system that could be located anywhere in the world and provide quality, fresh shrimp throughout the year. This process required the development of new and innovative techniques in shrimp aquaculture. The NaturalShrimp research team began by first growing shrimp in small systems. The team then improved the design, while slowly increasing the system size to meet targeted production goals.

In 2001, the Company began research and development of a high density, natural aquaculture system that is not dependent on ocean water to provide quality, fresh shrimp every week, fifty-two weeks a year. After three and half years, we developed a successful system but determined that it would not be economically feasible due to high operating costs. Over the next three and a half years, using the knowledge we gained from the first system, we developed a shrimp growth system that eliminated the high costs associated with the previous system and began growing shrimp. We have continued to refine this system, eliminating bacterial and other problems that affect enclosed systems and now have a successful shrimp growing process. Although we patented several features on the first system, we decided that it would be better to protect this system through the trade secret process, due to fact that the patent system is expensive and difficult to protect in other countries. Our research team is led by Doug Ernst, PhD, our Vice-President. Our outside consultants are Bill Botto, President of MicroTES Systems, a microbiology company located in San Antonio, Texas, and Tom Untermeyer, a systems engineer currently employed by Southwest Research Institute in San Antonio, Texas.

NaturalShrimp has produced thousands of pounds of shrimp over the last six years and has developed a design that consistently produces quality shrimp grown to a large size at a specific rate of growth. We experimented with various types of natural live and synthesized feed supplies before selecting the most appropriate nutritious and reliable combination for optimal growth. We have also developed monitoring and control automation equipment to minimize labor costs. We have been harvesting and selling shrimp on a limited basis since 2006 and began shipments to our primary distributor in November 2010.

Douglas Ernst, PhD., has been working in the aquaculture industry for over 25 years, including research and development, commercial production and education. His work has encompassed microalgae, macroalgae, crustacean, and finfish production systems. Doug joined us in 2005 as Vice President of Science and Technology after serving as Director of R&D for Soliv International in Seattle, where he developed intensive production systems for marine algae. Doug is also President of AquaFarm.com, developing software for aquaculture design and management. Educational degrees include a Ph.D. in Aquacultural Engineering from Oregon State University, a Master of Science in Agricultural Engineering, from Oregon State University and a Bachelor of Science in (Aquatic Biology from the University of Oregon.

Link > https://www.sec.gov/Archives/edgar/data/1416806/000126493111000112/form10a2.htm

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