Thursday, March 28, 2019 11:39:29 PM
But in terms of the actual offering, I don’t believe that is how this type of financing works.
I am almost certain that Natural Shrimp submits the put notice to GHS when they need the $. I highly doubt they would put a put notice in for the maximum offering amount. What would they even do with that right now? However, it is possible.
So if Natural Shrimp submits a put notice for $750,000, when the price is .18 (let’s use .18 for illustrative purposes)… GHS would pay NS $750,000 and NS would issue 4,166.666 shares.
I would hope and assume that NS is very alert and aware of the outstanding share total and cares about the dilution at this point. (One can hope) If they have as many things going on as they quite possibly do, there could be much better financing options in the very near term. They need to be methodical about this.
While I see that some of you are of the belief that GHS will sell right away, they are not in this OTC space to make 20%, they are in it to make 200% or 2000%. Wake up people.
When the first GHS S-1 got filed, (not effective)…. Is when the Shrimp Party started!!! Lets see what happens round two.
I have been following this company for a long time. They have committed the last 18 years to this technology, and they supposedly have figured it out. Articles literally come out everyday about the decline in supply of seafood, while the demand is soaring.Shrimp is basically a commodity at this point. It is the perfect time for NS to prove what they have to the world.
While I wish NS was more concerned about the day to day price, and their investors emotions and $…. They care much more about making sure that THEY REVOLUTIONIZE the seafood industry.
The risk reward at this point is just silly, people should be loading up. This is the real deal, and we are about to go for a serious ride.
#LongNStrong
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