NaturalShrimp Inc (SHMP)

[Matt1963]

Agree. And it seems all talk of a BO has been completely nullified by Peter's ill advised comment;

"I believe we will do business with everyone who I met with from around the world"

that would seem to nix any imminent BO as it appears to suggest, they intend to go it alone. A mortifying prospect given their current Executive Board skill set!

They are not geared up to "do business with everyone from around the world" and seem not to understand that it's one thing to have a good product, but quite another to bring it to market profitably and at a price consumers are willing to pay.

This is a company with what is ostensibly a good R&D and Operations team, but nothing else. Take this as a very simplistic model:

Typical business organisation departments and functions

"A typical business organisation may consist of the following main departments or functions:

Production
Research and Development (often abbreviated to R&D)
Purchasing
Marketing (including the selling function)
Human Resource Management
Accounting and Finance."

I don't think by any stretch, this little club has got the last three covered. So my hope was that they'd be bought out lock stock and 2 smoking barrels. Peter's comments suggest otherwise and that leaves fears that potential Acquirers have done their own DD (to a far deeper level than we are able to) and concluded that currently SHMP is not an attractive BO proposition. Why?

This company (in its current form) taking this technology to market, was my biggest fear. I do hope to be wrong, please let me be wrong. But this could be the biggest let down since Douglas Englebart invented the mouse!


In 1961, Doug Engelbart came up with a device that would let computer users select a coordinate on the screen. It involved a pair of wheels at the bottom of a wooden block that would record movement and translate it to the machine. The patent was granted to his employer in 1970, but shortly after, a Xerox scientist took Engelbart's concept and modified it to use a ball instead, which was enough to file for a separate patent and cut him out of compensation entirely. Just being the first person to have an idea isn't enough if someone else can implement it more effectively.