NaturalShrimp Inc (SHMP)

[rt1127]

Everything Natural Shrimp does is behind schedule:


From February 28th- "The Company said it anticipates issuing additional news about the partial harvest soon." Still waiting almost 3 months later.

https://www.otcmarkets.com/stock/SHMP/news/NaturalShrimp-Inc-Completes-Testing-Its-Patented-Technology?id=219786


From May 29th 2018- "The redesigned system was shipped to our La Coste facility and arrived on May 14th. It is scheduled to be fully operational by May 31st and we expect to load production tanks with 10-day old post-larvae shrimp (PL10s) for a 24 week cultivation cycle test starting in early June." Test ran 32 weeks.

https://www.otcmarkets.com/stock/SHMP/news/NaturalShrimp-Inc-Moves-Forward-on-Installation-of-Enhanced-Technology-System-to-Efficiently-Raise-Shrimp-in-High-Densit?id=193878


From Harbinger Report - "Assuming a near-term capital infusion, the Company should begin scaling up production to serve the San Antonio, Las Vegas and New York City markets in CY2018." Really? 2018? It's now mid 2019 and they don't even have full production for the San Antonio market.

https://d1io3yog0oux5.cloudfront.net/harbingerresearch/media/9a385cf783f3a4e09860f8b6fbf0d4fc.pdf


From June 2016 - "At the close of its current funding, NaturalShrimp will begin to seek-out areas near Las Vegas and New York, while construction begins in La Coste, Texas." Well in 3 years they did achieve one of those things.

https://www.otcmarkets.com/stock/SHMP/news/NaturalShrimp-announces-North-American-expansion-plans?id=133494


From March 2016 - "NaturalShrimp Incorporated has recently elevated its shrimp production for 2016 by agreeing to supply one of the fastest growing restaurant chains in U.S. They are also looking to have coverage in three major markets by the fourth quarter of 2016." Oops what happened there?

https://www.otcmarkets.com/stock/SHMP/news/NaturalShrimp-Incorporated-to-present-at-the-Sidoti--Company-LLC-Emerging-Growth-Convention?id=128463


From Bill Delgado Interview March 2017 - "What we expect later on this year and really probably the majority of next year is that you will be seeing the shrimp start to appear in some of the higher end stores " Where are these sales?

From January 2018 - "We are expecting the final patent within the next few weeks". Patent was finalized 11 months later.

https://vimeo.com/253498254


Just a few examples of how they are never on schedule so I wouldn't expect that to change now.


Don't take this as me being a non believer. I'm fairly confident that the tech does work and just needs a few tweaks to prove they can get back to a 24 week cycle with a low mortality rate. It should all come together. I just don't believe it will be in the time frame they say it will. That's all and it's just my opinion. I have no crystal ball and neither do any of you. Going by when the company says something will happen has not worked out in the past. I think we are all in agreement on what will happen, just not on the same time frame.