It's drivel because we were told to expect expsansion & commercial production years ago...., yes its repackaged and theyll always be testing additional species.We've literally been told we're months away from commercial production going back 4-5 years that's a fact .
Why is testing at other facilities drivel because its not putting out a pr stating a distribution agreement for the shrimp we have once again stocked tanks with, that's a dance we've done many times .
What we want is a distribution agreement, we were told about local interests and beyond, years ago and most recently through the run up to the show and in waiting for potential results of any relationships secured.
Now we have some tanks being stocked and yet again the plan is to expand to full production but still no distribution announcement, surely you realize what a boost it would be to share price if even one local store agreement was secured and PR'd .
I want to see shmp get it together, hire up a pr team and stop using Peter as a third party its unprofessional, everything a third party says is as a third party and can't be directly tied back to the company,so no matter what value there is to what he has to say its still just fluff as its not being owned by the company until it comes as a PR from shmp.His having to act as an impromtu spokesperson has been ridiculous from the start but that's beside the point.
I want to see shmp lock down an out source first thing, we have a patent right wouldn't it have been great if shmp in anticipation of its approval would have had an distribution outlet pretty well set up ready to go...,
we still don't have one that's been PR'd..., by the grace of the market its held up this range and support.
The market wants revs coming in and an distribution agreement reached , we've gone from buy out and JV's and licensures deals, to testing at other locations on other species which would have been an awesome pr after a distribution agreement. I do find it odd that none of the shrimp being grown prior to and since receiving the patent weren't slated for commercial distribution .
I accept we now wait for these new shrimp to grow out before beginning commercial sales , I would not be surprised if its not till just before harvest that we know who might be buying them . I feel they knew there was going to be a draw out period after the run up in sp and the shows weren't going to produce any immediately actionable distribution contracts or licensing deals to be PR'd , I've argued its because they weren't ready but it doesn't matter as I think none of that buy out, jv talk, etc was actually part of their plan hence the draw out period we've been in.
I think a lot of us thought it woulve taken off in some such fashion as a jv or buy out but I don't think they wanted to create licensures before expanding their own commercial production footprint nor do I think they had the real capacity in place to be able to run their operation and have to run out and service any initial kinks the licensures would run into.
I get they want to build a bigger footprint but that takes time idk, maybe this has been the best way to transition shareholder expectations from lofty buy outs into a more go it on your own plan that actually is what the company as primarily always put forth , expansion of the Texas site and cities within Texas then Las Vegas etc...., so far it's working the sp has held up in this range of 18-22,23 was it, but will hold another how long till the first commercially viable harvest ?
I half expect we won't get that commercial harvest but rather have it put off and combined with the commercial harvest of the other species not say'n just say'n, I could easily see this getting kicked down the road a couple of years yet , hopefully not hopefully we hear soon of distribution agreements that to me is crucial to maintaining this price range longer term.
