NaturalShrimp Inc (SHMP)

[Helter Skelter]

Letizia, F&T and FRAUD

What to "take away" from this...
(1) F&T's system didn't work then and doesn't work now.
(2) Even with backing from a billionaire they couldn't get it to work.
(3) Letizia and Gilmore sure seem to like FRAUDSTERS. First LATI and now SHMP.

Maybe those that are in contact with Peter Letizia can ask him what ever happened to his previous clean water company he was involved with where he was the sales and marketing manager, Latitude Solutions Inc.

LATI went bankrupt and at nearly the same time ran an illegal pump and dump stock scheme. Company was sued, Appel is sentenced to prison for 5 years for unrelated FRAUD (should have been 20 years, lucky I'm not in charge, lol) and LATI (Latitude Solutions) was revoked by the SEC, had it's symbol taken away and thrown on the trash heap of scam, fraud, penny stock pieces of shit...same thing that will happen to SHMP...revoked, trash heap.













From $2.10 to 3 cents! SHMP will do worse!

DeJoria became a director of Latitude Solutions, Inc. (“LSI”), a publicly traded company, in October 2011. Although worth more than $3 billion according to Forbes Magazine, DeJoria had never served on the board of a publicly traded company before LSI. DeJoira was introduced to LSI by two long-time friends and business associates, Howard Appel and Ernest Bartlett, both of whom had checkered histories of stock manipulation and fraud.

In June 2011, the due diligence team sent to check out LSI for DeJoria, reported to DeJoria that Appel was a “scammer of the worst order,” that he had a twenty-year history of defrauding investors, and that he might be engaged in a “pump-and-dump” at LSI. DeJoria’ due diligence team commissioned a formal investigate report that revealed Appel and Bartlett’s prior criminal and regulatory histories in great detail. Although his due diligence team testified that they gave DeJoria this formal report, at trial, DeJoria testified that he had no recollection of ever receiving it. In any event, at a meeting in late June 2011, DeJoria told his due diligence team that Appel and Bartlett were “nice guys,” and that he would proceed with his investments in LSI despite their warnings. All told, over the course of his involvement with LSI, DeJoria invested or loaned LSI more than $11 million.

This lawsuit arises out of a fraudulent pump-and-dump scheme perpetrated by

two groups of corporate insiders and co-conspirators who all misused the Debtor, Latitude
Solutions, Inc., and its subsidiaries (LSI), its shareholders, and its creditors. The first group of
insiders (the First Board), created LSI and manipulated the stock of LSI in classic pump and
dump fashion. The second group (the Second Board), corporate fiduciaries all, partnered with
them in the hope of taking the original pump-and-dump program global. Controlling both
Boards from the shadows was the Appel/Bartlett Group, a group led by Howard Appel
(Appel), a serial securities manipulator who had previously been convicted of securities fraud
and who had a lengthy track record of corporate stock manipulation. Knowing full well that LSI,
a publically traded corporation, was being run by a den of securities fraud predators, the Second
Board deliberately disregarded the plunder that was taking place, and knowingly allowed the
pillage to continue under their watch. Instead of trying to save the company from the
Appel/Bartlett Group, the Second Board acted purely in their own self-interests, grossly
mismanaged LSI's business, and squandered corporate assets, all while talking out of both sides
of their mouth. Out of one side of their proverbial mouth, the Second Board allowed Appel to
continue running LSI and praised Appel for extracting money from unsuspecting investors. The
Second Board then wasted the capital on extravagant expenses and ill-advised business prospects
designed to market LSI, not conduct legitimate business activities. Yet out of the other side their
proverbial mouth, they demonized the First Board and the Appel/Bartlett Group and went to
great lengths to investigate and document their fraudulent scheme, so that if LSI were to bleed to
death, they could lay all of the blame on Appel and the First Board, conveniently diverting
attention away from themselves. All the while LSI sank deeper in debt. When the pump-and-

Case 12-46295-rfn11 Doc 238 Filed 11/09/14

Entered 11/09/14 21:53:27

Page 7 of 94

dump scheme seized up and the well ran dry, the Second Board put LSI into Chapter 7 and
submitted a dossier on Appel and his lackey, Matt Cohen (a founder of LSI and its CFO until
almost the end), to the Department of Justice, in the hope that the Second Boards allegations of
wrong-doing against Appel and Cohen would shield them from their own culpability in causing
LSI's failure. In reality, the First Board and the Second Board were partners in crime, and their
combined fraud and corporate waste caused LSI to fail, leaving creditors with potentially more
than $40 million in debt.

Link > https://webcache.googleusercontent.com/search?q=cache:c8Yij_C33pcJ:https://www.scribd.com/doc/257249168/34884071-0-9134+&cd=1&hl=en&ct=clnk&gl=us&client=firefox-b-1

Be very careful here. Nothing but FRAUDSTERS.

Good day.

SHMP CHiMP FRAUD