I see thanks, I can't help but feel they haven't wanted to push the sp up as the release of the hard data would have done just that, I think ghs wants them as cheap as possible and holding off the data release is facilitating that end. Honestly the talk of a buy out or big licensing deals was likely a bit premature on our parts.
While I believe natural shrimp is close I would think any major interests would want to see another year of consistent results before getting involved earnestly .
You want a turn key product that can be sold,set up and ran effectively across the country and that takes a lot of r&d to streamline the process to the point to where you can call them up, sign paper work and checks and have a crew out to your state to get you set up and running .
In reality I think they just had the best year ever and the patented system exceeded their expectations but that doesn't necessarily mean its a shelf ready product just yet. I could be wrong but another year isn't much to ask to have a turn key product and the support systems in place to service it.
On the other hand where I fault them and maybe I'm wrong to do so, is in 1 not raising funds through an offering maybe they couldn't IDK no one seems to want to talk about it, and 2 not trying to support the share price more effectively with proper pr's which would have included the hard data available from the harvest report being released after the patent run up and then head into the shows riding high,the only thing better would have been having the forsight to having an awesome display / booth setup.
Not having one was a bit of a tell and leads me to wonder if that was the result of bad judgment or not having that turn key product ready just yet and needing support through distribution deals more so than looking to sell licensing deals or seek buy out offers.
Holding off the hard data release feels like it was fumbled and I think many would agree. The question is why and to what end as the result has been the undeniable collapse of the share price and as many have said deals can take time. Trouble is if we don't get news Monday id imagine we end up retesting those 18's , as the selling hasn't been over taken by the buying yet.
Who's selling....., well I doubt it's the hoards of folks who are upside down selling for a loss just before news is do to come out,id imagine it's our so called longs who can sell off for a nice profit all the way down to who knows where the market really values this...., less news.
Let's just keep it realistic though .24¢ is still a far cry from where the run started so is .10 and .05 is still more than a double up for that matter. This is why longs dont pertain to this discussion and they certainly don't post/promote everyday those are sellers .
Let's say I'm right and NS isn't ready to roll out licensing deals but we get deals to sell the shmp we produce, would that be enough to not only stabilize the sp decent but also drive the sp back to .30 and beyond or would the sp continue to retrace back closer to where the run started with some appreciation say to .05 - .15 depends on the magnitude of any distribution deals.
Currently the sp is falling where it should at least be stabilizing if not running up expecting great news.
I feel like the market has its heart set on a buy out/partnership or big time licensing deals due to the tech having been promoted as being a cell phone like advance in aqua farming technology, but withholding the harvest data shook the markets confidence preventing buying from coming in and stabilizing the selling. A company can use pr's wisely to keep the momentum going , we failed to do that.
Some think the patent is worth 1.00 I know I do, but that doesn't matter as clearly the market feels otherwise at the moment or the sp would be rising where its yet to substain stabilizing .
To me all this says the overall market is in the SHOW ME mode it bought the hype but the company thus far as evidenced by the sp has failed to substain it and without a buyout/partnership or major licensing deals being announced I don't see the market reacting favorably in the near term to our tranditioning from R&D into a production operation.
Without a major deal the market is going to be discouraged and reset its valuation as the lucrative licensing deals the patent would have garnered are back burnered awaiting further development and the focus transitions into expanding shrimp production and sales and R&D raising other species. All this means we will be evaluated by our performance vs our technology.
From a true longs perspective that would be fine provided,
#1 NS can't continue to rely on Peter to shoulder its pr out of the goodness of his heart, NS needs a quality PR team.
#2 Folks we have to land a major distribution agreement with the likes of a national whole foods type buyer who'll buy all we can produce while providing us national exsposure.
We lost our momentum garnered from the patent approval when the release of the hard data from the harvest report was fumbled, we need the type of catalyst a big distribution deal would create going forward to satisfy the markets expectations.
Remember there was talk of Mr. Ross Perot's organization buying us,talk of amazon all spawned by market enthusiasm generated from the market changing tech the company promoted, and I still believe in long term but are we really ready for the big show ...,right now today .
Heres an analogy, we were billed as bigger than the Beatles now we're onstage and we look good but we're taking awhile to get set up and rumor is we aren't going to play the hit song because management told the band nobody is asking for it, tickets sale realities have gone from folks willing to pay .95 to see the show to folks now only willing to pay .24 and a bunch of folks got up and flat walked out, so we better play that hit song or give the audience something special to make up for it,like a wholefoods type buyer or we won't be getting headliner status and will have to keep playing the opening band slot.
Which the market would value as what ? Realistically somewhere between .02-.15 for a company with a patent that in such a scenario isn't being utilized to the fullest extent, at that point we're an R&D company with a ton of debt transitioning into an sea food production company to pay the bills and further develop the tech and sop's to support a future licensing roll out.
There's a possibility that regardless of management not handling these latest achievements for the best interest of sp action, that they still land the big deals we hope for. Having made the deal with GHS before the shows doesn't bode well for this prospect but we shall see.
Thing is I can't help but feel those deals would come after a more traditional progression like taking a shelf ready project to the shows having achieved a patent for our technology boasting 90% survival rates and fists full of multiple harvests hard data to present with an awesome display setup showcasing our tech and serving up our delicious results to a stunned and awed audience of all the major industry participants and I get the feeling that's not coming till next year.
Tomorrow is a different story if we don't get good solid share price driving news the folks who succeeded where I failed to increase my position by multiple folds are going to continue to seek to come out of those positions and reposition when the sp settles. Depending on the pr's issued that could potentially drag out for weeks longer, waiting for news in a traditional otc slow bleed as we seem to be experiencing .
It's a bonnified risky play, risky to buy, risky to sell and risky to hold because the sp has been falling significantly pendinding news and will likely continue to do so free of any bad news.
Yet when I weigh in the interest in the ticker it's screaming for the band to play the hit song and if they do everyone is gonna come rushing back in to hear it .
Trouble so often with these boards is its always an all or nothing game when once the run up starts the real racing/trading action is happening midpack with folks trying get better positioning but these conversations often times get drowned out.
with this ticker I think a lot of us got caught with our pants down in the 40's and 30's as the only real winner so far has been the ones who sold on the run up and or played the bounce and got out and are currently awaiting news for re entry. Glta and C'mon SHMP play the song.
AI
